Press release
Emerging Growth Trends Driving Expansion in the Intermediate Bulk Container Market
Intermediate Bulk Container
Forecasted Growth and Market Size of the Intermediate Bulk Container Market
The intermediate bulk container market is projected to experience robust growth, reaching a valuation of $5.57 billion by 2029. This expansion corresponds to a compound annual growth rate (CAGR) of 9.8%. Several factors are fueling this growth, including a growing demand for streamlined logistics, heightened emphasis on sustainability, expansion within the chemical and petrochemical sectors, and the rise in global trade activities. Additionally, changing consumer preferences are influencing market dynamics. Important trends shaping the market during the forecast period include evolving global supply chain conditions, stringent regulatory compliance and safety standards, increased demand for adaptable packaging solutions, a push toward circular economy models, and shifts in materials used for packaging.
Download a free sample of the intermediate bulk container market report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=6044&type=smp
Key Industry Players Leading the Intermediate Bulk Container Market
The intermediate bulk container market features several prominent companies that play a major role globally. Some of the leading organizations include Berry Global Group Inc., DS Smith plc, Mondi plc, Greif Flexible Products and Services, Brambles Limited, MAUSER Corporate GmbH, Myers Industries Inc., Time Technoplast Ltd., BWAY Corporation, LC Packaging International BV, Bulk Lift International LLC, Nefab Group, Hoover Ferguson Group Inc., Schuetz Container System Inc., Snyder Industries Inc., Plymouth Industries LLC, CorrPak Bulk Packaging Systems LLC, Global-Pak LLC, System Schafer Werke GmbH, Thermoflex LLC, Arlington Packaging Limited, Environmental Packaging Technologies Inc., Qingdao LAF Packaging Co. Ltd., Büscherhoff Spezialverpackung GmbH & Co. KG, RDA Bulk Packaging Ltd., Gaoqing Anthente Container Package Company Limited, Ven Pack, Heritage B B.V., and Schoeller Arca Systems Holding B.V.
Strategic Expansion Through Acquisitions in the Intermediate Bulk Container Market
In April 2023, Greif Inc., a US-based leader in industrial packaging, acquired Centurion Container LLC for $145 million. This move significantly enhances Greif's presence in North America, leveraging Centurion's well-established management team known for successfully expanding a comprehensive reconditioning network. The acquisition strengthens Greif's portfolio of reusable and sustainable packaging options, increasing its ownership stake in Centurion from 9% to 80%. Centurion Container LLC specializes in the manufacture of intermediate bulk containers and is based in the United States.
View the full intermediate bulk container market report:
https://www.thebusinessresearchcompany.com/report/intermediate-bulk-container-global-market-report
Emerging Trends Reflecting Growth and Innovation in the Intermediate Bulk Container Industry
Leading companies in the intermediate bulk container space are investing heavily in new production facilities to meet rising demand for efficient and sustainable bulk packaging products. A production facility refers to a site that houses machinery, resources, and staff dedicated to large-scale manufacturing and assembly. For example, in September 2023, Greif Inc. opened a new manufacturing plant for intermediate bulk containers in Dilovasi, Turkey. This facility underlines Greif's strategic commitment to strengthening its global operations and enhancing service capabilities to customers in Turkey and neighboring regions.
Main Market Segments in the Global Intermediate Bulk Container Industry
This report divides the intermediate bulk container market into several key categories:
1) By Type:
- Low-Temperature Superconducting Magnetic Energy Storage
- High-Temperature Superconducting Magnetic Energy Storage
2) By Component:
- Superconducting Coils
- Cryogenic Cooling System
- Power Conditioning System
- Other Components
3) By Application:
- Power Systems
- Industrial Use
- Research Institutions
- Other Applications
Further Breakdown of Segments by Superconducting Magnetic Energy Storage Types
Within the low-temperature superconducting magnetic energy storage segment, subcategories include Niobium-Titanium (NbTi) based systems and other low-temperature superconducting systems. For the high-temperature superconducting magnetic energy storage segment, the report highlights Yttrium Barium Copper Oxide (YBCO) based systems alongside other high-temperature superconducting alternatives.
Reach out to us:
The Business Research Company: https://www.thebusinessresearchcompany.com/,
Americas +1 310-496-7795,
Europe +44 7882 955267,
Asia & Others +44 7882 955267 & +91 8897263534,
Email us at info@tbrc.info.
Follow Us On:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Learn More About The Business Research Company
With over 17500+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Armed with 1,500,000 datasets, the optimistic contribution of in-depth secondary research, and unique insights from industry leaders, you can get the information you need to stay ahead.Our flagship product, the Global Market Model (GMM), is a premier market intelligence platform delivering comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Emerging Growth Trends Driving Expansion in the Intermediate Bulk Container Market here
News-ID: 4322429 • Views: …
More Releases from The Business Research Company
Segment Evaluation and Major Growth Areas in the Personalized Testing and Supple …
The personalized testing and supplements sector is gaining remarkable traction, driven by advancements in technology and a rising consumer focus on tailored health solutions. As more individuals seek customized wellness options, this market is set to experience substantial expansion in the coming years. Here's an in-depth look at its current valuation, key players, significant trends, and the main market segments shaping its future.
Market Valuation and Expansion Forecast for Personalized Testing…
Top Players and Market Competition in the Skin Microbiome Industry
The skin microbiome market is emerging as a significant area of interest due to growing awareness about the critical role of skin health and innovative skincare technologies. As research advances and consumer preferences shift towards more natural and science-backed products, this market is set to undergo substantial growth. Let's explore the current market size, key players, driving factors, and upcoming trends shaping the skin microbiome industry.
Projected Expansion in the Skin…
Key Strategic Developments and Emerging Changes Shaping the Upadacitinib Market …
The upadacitinib market is poised for significant expansion over the coming years, driven by advances in treatment options and increasing awareness of autoimmune diseases. This report delves into the market's current size, key drivers, major players, and the emerging trends shaping its future trajectory.
Steady Growth Expected in Upadacitinib Market Size Through 2029
The market for upadacitinib is projected to reach $2.54 billion by 2029, growing at a robust compound annual…
Analysis of Key Market Segments Driving the Alzheimer's Disease Diagnostic Marke …
The Alzheimer's disease diagnostic sector is rapidly evolving as advancements in technology and healthcare infrastructure open new possibilities for early detection and personalized treatment. With rising awareness and innovative approaches, this market is poised for significant growth in the coming years. Let's explore the current market size, key drivers, leading companies, and emerging trends that are shaping this critical healthcare field.
Projected Market Size and Growth Trends in Alzheimer's Disease Diagnostics…
More Releases for Container
Food Container
The Food Container market value was US$ $$ million in 2020. The Food Container market value is forecast to reach US$ $$ million by 2031, growing at a compound annual growth rate (CAGR) % during the forecast period from 2023-2031.
Request To Download Sample of This Strategic Report @https://reportocean.com/industry-verticals/sample-request?report_id=AR37613
As the global economy recovers in 2021 and the supply of the industrial chain improves, the Food Container market will undergo major changes.…
Container Fleet Market: Information by Type (Reefer Container, Tank Container, D …
Container fleets are bulky shipping containers that are capable of withstanding the transportation of various goods ranging from dry goods to hazardous liquids. Before the emergence of container fleets, the cost associated with ocean freight and port handling in tandem with the uncertainties involved resulted in less economic outcomes. However, modern specialized container vessels offer several cost reduction benefits in the transportation of goods, thus acting as the primary source…
Aircraft Container & Pallet Loader Market size and Key Trends in terms of volume …
Aircraft Container & Pallet Loader Market: Introduction
Aircraft container & pallet loader is a unit load device used across airports to transport containers & pallet loads. Aircraft container & pallet loader eases the transport of cargo by allowing different types of goods, which are to be packed and kept into a single unit container. The aircraft container & pallet loader helps the cargo handlers across the entire cargo chain, from…
Shipping Containers Market by Size of Container (Small Container (20 feet), Larg …
Asia-Pacific and Europe are the potential markets for the growth of shipping container industry. Moreover, rise in seaborne trade and improvement in transportation services further supplements the market growth. However, slower economic growth in European countries and loss of containers in ocean during sea storms hinders the market growth. Investment in high cube container segment can be beneficial for the growth of the market of key players.
According to a new…
Global Marine Container Market 2019 - CIMC, SINGAMAS, Maersk Container Industry, …
The new market research study on Global Marine Container Market in-depth market analysis with specific segments such as application, regional markets, end-users, policy analysis, value chain structure, and emerging trends. The Marine Container market report makes a case for investments in particular regions based on a realistic view of their regulatory environment, manufacturing dynamics and availability of skills and resources.The report’s analysis is based on technical data and industry figures…
Shipping Container Market is Booming (9% CAGR)| CXIC, Dong Fang International Co …
HTF MI published a new industry research that focuses on Shipping Container market and delivers in-depth market analysis and future prospects of Global Shipping Container market. The study covers significant data which makes the research document a handy resource for managers, analysts, industry experts and other key people get ready-to-access and self-analyzed study along with graphs and tables to help understand market trends, drivers and market challenges. The study is…
