Press release
Bulk Packaging Market Trends and Growth Opportunities in 2024: K Tank Supply Limited, Qingdao LAF Packaging Co. LTD. and MY FlexiTank.
Bulk Packaging Market || 2024-2031
DataM Intelligence has published a new research report on "Bulk Packaging Market Size 2024". The report explores comprehensive and insightful Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development status.
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The Bulk Packaging market report majorly focuses on market trends, historical growth rates, technologies, and the changing investment structure. Additionally, the report shows the latest market insights, increasing growth opportunities, business strategies, and growth plans adopted by major players. Moreover, it contains an analysis of current market dynamics, future developments, and Porter's Five Forces Analysis.
Bulk packaging refers to the method of packing products in large quantities or volumes, typically designed for bulk transport and storage rather than for individual retail sale. This type of packaging is used for various goods, including food products, chemicals, and industrial materials, and aims to optimize space efficiency, reduce packaging waste, and minimize handling costs. Bulk packaging can include large bags, boxes, containers, or tanks, allowing for easier transportation and distribution of products to manufacturers, wholesalers, or directly to end-users. The approach often emphasizes sustainability and cost-effectiveness, catering to businesses looking to streamline their supply chains.
Key Developments:
✫ On May 23, 2023, Tosca launched a new Life Cycle Analysis (LCA) tool aimed at reducing greenhouse gas emissions, fossil fuel consumption, and water usage associated with the transportation of bulk liquids. This tool encourages businesses to adopt Tosca's collapsible Intermediate Bulk Container (IBC) solutions to achieve these environmental goals.
✫ On August 18, 2021, Sonoco ThermoSafe, a subsidiary of Sonoco and a leading provider of temperature-controlled packaging, entered into a global partnership with Korean Air, one of the largest air cargo carriers. This agreement centers on leasing the innovative Pegasus ULD temperature-controlled bulk shipping container, enabling pharmaceutical freight forwarders to access these containers directly through Korean Air. Additionally, clients of Korean Air will have the opportunity to utilize a range of other Sonoco ThermoSafe containers as part of this collaboration.
Forecast Growth Projected:
The Global Bulk Packaging Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031. In 2023, the market is growing at a steady rate, and with the rising adoption of strategies by key players, the market is expected to rise over the projected horizon.
List of the Key Players in the Bulk Packaging Market:
Shandong Anthente New Materials Technology Co., Ltd., BLT Flexitank Industrial Co. Ltd., Braid Logistics, Büscherhoff Spezialverpackung GmbH & Co. KG, Environmental Packaging Technologies Inc., KriCon, K Tank Supply Limited, Qingdao LAF Packaging Co. LTD. and MY FlexiTank.
Segment Covered in the Bulk Packaging Market:
By Product: Containers (Flexitanks, Bulk Container (Flexible Intermediate Bulk Containers (FIBC), Rigid Bulk Containers)), Pails, Drums, Boxes, Shipping Sacks, Others.
By Material: Plastic (High-Density Polyethylene (HDPE), Low-Density Polyethylene (LDPE), Linear Low-Density Polyethylene (LDPE), Polypropylene (PP), Polyvinyl Chloride (PVC), Polystyrene (PS), Others), Metals, Wood, Paperboard, Others.
By Application: Food & Beverages, Chemicals and Petrochemicals, Paint, Dyes and Inks, Pharmaceuticals, Others.
Regional Analysis:
The global Bulk Packaging Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa.
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Regional Analysis:
The global Bulk Packaging Market report focuses on six major regions: North America, Latin America, Europe, Asia Pacific, the Middle East, and Africa. The report offers detailed insight into new product launches, new technology evolutions, innovative services, and ongoing R&D. The report discusses a qualitative and quantitative market analysis, including PEST analysis, SWOT analysis, and Porter's five force analysis. The Bulk Packaging Market report also provides fundamental details such as raw material sources, distribution networks, methodologies, production capacities, industry supply chain, and product specifications.
Chapter Outline:
Chapter 1: Introduces the report scope of the report, executive summary of different market segments (by region, product type, application, etc), including the market size of each market segment, future development potential, and so on. It offers a high-level view of the current state of the market and its likely evolution in the short to mid-term, and long term.
Chapter 2: key insights, key emerging trends, etc.
Chapter 3: Manufacturers competitive analysis, detailed analysis of Bulk Packaging manufacturers competitive landscape, revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product revenue, gross margin, product introduction, recent development, etc.
Chapter 5 & 6: Revenue of Bulk Packaging in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space, and market size of each country in the world.
Chapter 7: Provides the analysis of various market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 8: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 9: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 10: The main points and conclusions of the report.
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FAQs
How big is the Bulk Packaging Market?
The Bulk Packaging Market size was USD 25.2 billion in 2023. It is expected to reach USD 32.1 billion by 2031.
How fast is the Bulk Packaging Market growing?
The Bulk Packaging Market will exhibit a CAGR of 6.3% during the forecast period, 2024-2031.
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