Press release
The Bulk Container Packaging Market Composites growth outlook with industry review and forecasts
Bulk Container Packaging Market size is set to exceed USD 6 billion by 2024.Increasing edible oil export from SEA, particularly Malaysia and Indonesia, is one amongst the major factor propelling the overall bulk container packaging market size over the projected timeframe. For instance, Indonesia exported more than 14 million tons of palm oil in 2007 and reached roughly around 20 million tons in 2013. In addition, more than 30% of the total edible oil exports from Southeast Asia was done through flexitanks owing to its high operational efficiency along with low cost.Global Market Insights has a new study based report titled " Bulk Container Packaging Market Size By Product (Flexitanks, Flexible Intermediate Bulk Container [FIBC], Bulk Container Liners), By Application (Food & Beverage, Chemicals) Industry Analysis Report, Regional Outlook (U.S., Canada, Germany, UK, France, Spain, Italy, China, India, Japan, Australia, Indonesia, Malaysia, Brazil, Mexico, South Africa, GCC), Growth Potential, Price Trends, Competitive Market Share & Forecast, 2016 – 2024".
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Flexitanks tanks are widely preferred by the oil exporters, as it helps in increasing the profit margin, by reducing the operational expenses. Increasing palm oil demand from Europe, India and China will complement the bulk packaging container market size over the estimated period. Furthermore, increasing biofuel production across the globe on account of its environment friendly characteristics along with government support will subsequently boost the product demand for transportation applications. Thereby propelling the global bulk container packaging market size by 2024.
The Bulk Container Packaging Market Report Consists of,
1. Methodology and Scope
2. Executive Summary
3. Bulk Container Packaging Market Industry Insights
3.1 Industry segmentation
3.2. Industry size, forecast and growth expectations, 2016 - 2024
3.3. Industry ecosystem analysis
3.4. Raw material insights
3.5. Technology insights
3.6. Regulatory framework
3.7. Industry dynamics
3.8. Key growth opportunities
3.9. Porter's analysis
3.10. Company market share, 2015
3.11. PESTEL analysis
3.14. Regional price trends
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4. Bulk Container Packaging Market Product Insights
Flexitank business generated revenue more than USD 150 million 2015 and will witness maximum gains over the estimated period. These tanks are suitable in transporting wine, fruit juices and edible oil. Increasing trade business of these products across the globe, particularly Southeast Asia, will significantly boost the bulk container packaging market size over the projected timeframe. Industry members involved in flexitank manufacturing have adopted new manufacturing technology in order to enhance the product characteristics. This will further complement business growth by 2024.
5. Bulk Container Packaging Market Application Insights
The overall bulk container packaging market share for food & beverage accounted more than 30% of the global industry size in 2015. Rapidly growing population has significantly propelled food product demand in large volume and at low cost. In addition, increasing consumer spending power towards food & beverage has substantially propelled tea, coffee, wine and beer demand across the globe. This drives the industry size in order to efficiently export/import foodgrade product without contamination.
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6. Bulk Container Packaging Market Regional Insights
North America led the overall bulk container packaging market size in 2015. The regional growth is primarily driven by increasing corn, oilseeds, grains such as soybean, and feeds from the U.S.
Asia Pacific bulk container packaging market size will witness highest growth close to 11% over the estimated period. Increasing population in China and India has substantially propelled the overall food & beverage import. Therefore, the growth rate in the region will be comparatively higher.
7. Competitor Profiles
Bulk container packaging market share was highly consolidated in 2015, with three major industry members accounting for more than half of the overall share. Some of the product manufacturers are BLT Flexitank Industrial Co. Ltd., Shandong Anthente New Materials Technology, Braid Logistics, KriCon, Büscherhoff Spezialverpackung, Environmental Packaging Technologies, K Tank Supply Limited, Qingdao LAF Packaging, MY Flexitank (MYF), SIA Flexitanks, Trust Flexitanks, Qingdao LAF Packaging, and Trust Flexitanks.
About Global Market Insights, Inc.:
Global Market Insights, Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider; offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy and biotechnology.
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Arun Hegde
Corporate Sales, USA
Global Market Insights, Inc.
Phone:1-302-846-7766
Toll Free: 1-888-689-0688
Email: sales@gminsights.com
Web: www.gminsights.com/
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