Bulk Container Packaging Market Is Likely to Experience a Strong Growth During 2021-2026

Stratview Research has announced a new report on the Bulk Container Packaging Market. According to the report, the market size is likely to witness an impressive CAGR of 9.4% during the forecast period. The prime factor that is contributing to the demand for bulk container packaging is its growing adoption by the chemicals and food & beverages industries.

Market Segmentation
The Bulk Container Packaging Market is segmented by Product Type (Flexitanks, Flexible Intermediate Bulk Container, and Bulk Container Liners), by Application Type (Food & Beverage, Chemicals, and Others), and by Region (North America, Europe, Asia-Pacific, and Rest of the World).

According to the report, the market is segmented as flexitanks, flexible intermediate bulk container, and bulk container liner. The flexitanks segment held the largest share of the market in 2020, and is expected to remain dominant during the forecast period owing to efficiency and effectiveness associated with such tanks. Utility of such tanks in shipping wine, oil, food grade liquids and nonhazardous chemicals will augment the segmental growth over the forecast period.

Based on the application type, the market is segmented as food & beverage, chemicals, and others. The food & beverage segment accounted for the largest share by application in 2019, and is expected to maintain its dominance over the forecast period owing to rising population across the globe and changing spending pattern in emerging economies.

In terms of regions, North America is estimated to contribute for the largest market share during the forecast period. The North American market is expected to grow with a lucrative CAGR due to high agricultural and alcohol exports. Asia-Pacific is expected to grow with the highest CAGR owing to improving customer lifestyle and increasing disposable income in the region.

How stakeholders can benefit from this report –
This report covers a thorough analysis of the following segments:
- Bulk Container Packaging Market Dynamics.
- Market Size and forecast from 2021 till 2026.
- Supply & Demand Value Chain.
- Bulk Container Packaging Market Current Trends/Issues/Challenges.
- Competition & Companies involved.
- Effecting Technology.
- Bulk Container Packaging Market Drivers and Restraints.

Research Methodology
The report provides a thorough analysis that reflects today’s Bulk Container Packaging Market realities and future market possibilities. The information provided in the report can play a crucial role for the users as well as investors, or those who are planning to step into the industry, in formulating the growth strategies to expedite their growth process.
Experts at Stratview have compiled this report after following a detailed research methodology comprising secondary research, and primary interviews with industry stakeholders. Several authenticated sources such as company annual reports, fact books, press releases, white papers, and articles have been leveraged to gather the data.

Key Players
The following are the key players in the Bulk Container Packaging Market.

• BLT Flexitank Industrial Co. Ltd.
• Gaoqing Anthente Container Package Company Limited
• Büscherhoff Spezialverpackung GmbH & Co. KG
• Braid Logistics
• KriCon
• Environmental Packaging Technologies, Inc.
• Ven Pack
• MY Flexitank (MYF)
• Qingdao LAF Packaging Co. Ltd.
• SIA Flexitanks.

Read More: https://www.stratviewresearch.com/1077/bulk-container-packaging-market.html

Report Customization Options
With this detailed report, Stratview Research also offers one of the following (complementary) customization options to our valued clients:
- Company Profiling -Detailed profiling of additional market players (up to three players)
- Competitive Benchmarking - Benchmarking of key players on the following parameters: Product portfolio, geographical reach, regional presence, and strategic alliances.

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This release was published on openPR.