Press release
Intermediate Bulk Containers Rental Services Market Size(Volume & Value), Growth and Development Trends 2017-2027
This exclusive report will provide you with the market size and forecast (US$ Mn) for the global market and its segments for the period from 2015 to 2027 along with the growth rate (CAGR) from 2017 to 2027, considering 2016 as base year. In addition, drivers, restraints and opportunities, competitive landscape have also been covered under the current proposed table of contents, which will in due course help you to take strategic decisions with respect to the market.
Growing industrial packaging market due to rise in international trade and requirement for cost effective bulk packaging has fuelled the global demand for intermediate bulk containers (IBC) rental services market. Rental IBCs services serve a great purpose of conserving capital, also facilitating the use of IBCs by small scale end users. Rental services market is also expected to generate huge lump sums of revenue for the manufacturers. The financial and production benefits gained from renting IBCs include tax and capital savings along with improved inventory management. Renting provides the ability to get the IBC when needed, into production by the end user.
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Intermediate Bulk Containers (IBC) Rental Services Market: Segmentation
The global market for intermediate bulk containers (IBC) rental services is segmented based on product type, material type and end use.
On the basis of product type, the global market for intermediate bulk containers (IBC) rental services is segmented as follows:
Plastic IBCs
Composite IBCs
Metal IBCs
On the basis of material type, the global market for intermediate bulk containers (IBC) rental services is segmented as follows:
Plastic
HDPE
LDPE
LLDPE
Metal
Stainless Steel
Carbon Steel
On the basis of end use, the global market for intermediate bulk containers (IBC) rental services is segmented as follows:
Food and Beverages
Vegetable Oil
Palm Oil
Wine
Pulp Concentrates
Other Food and Beverage Products
Agrochemicals
Fertilizers
Pesticides
Industrial Chemicals
Hazardous
Non Hazardous
Petroleum & Lubricants
Paints, Inks & Dyes
Pharmaceuticals
Building & Construction
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Intermediate Bulk Containers (IBC) Rental Services Market: Market Dynamics
The global market for intermediate bulk containers (IBC) rental services is characterized by product offering that provide cost and functional benefits in terms of business objectives. Low levels of down payment requirements and small instalment allows end users to manage and control working capital requirements expended on intermediate bulk containers (IBCs). Cost effective capital management and elimination of non-working assets allows companies to control operational costs and stay competitive in the market.
The global market for intermediate bulk containers (IBC) rental services is characterized by existence of extensive market segments for end use. Food and beverages, agrochemicals, industrial chemicals, petroleum and lubricants, paints, inks and dyes, pharmaceuticals and building and construction and building are prominent end use segments for the global market for intermediate bulk containers (IBC) rental service.
The global market for intermediate bulk containers (IBC) rental services is characterized by supply of IBCs made of plastic and metal. Plastic intermediate bulk containers (IBC) are highly preferred over other material type due to convenience and flexibility in manufacturing.
Industrial chemicals segment accounts for a major chunk in the global IBC market, wherein the IBCs are used for the transportation of hazardous chemicals to minimize snapping chances. Petroleum and lubricants segment is the second largest end user utilizing IBCs for the bulk transportation of petroleum and constituents for cross border trade activities. Food & Beverages segment is expected to expand at the highest CAGR during the forecast period 2017-2027.
Intermediate Bulk Containers (IBC) Rental Services Market: Regional Outlook
The intermediate bulk containers (IBC) rental services market is segmented into 7 key regions including North America, Latin America, Eastern Europe, Western Europe, Middle East and Africa (MEA), Asia Pacific Excluding Japan (APEJ) and Japan.
Global Intermediate Bulk Containers (IBC) Rental Services Market: Competitive Landscape
Some of the players operating in the intermediate bulk containers (IBC) rental services market include TPS Rental Systems Ltd, CCR a member of Hoyer Group, American Machining, Inc., Arlington Packaging and CHEP.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
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The study is a source of reliable data on:
Market segments and sub-segments
Market trends and dynamics
Supply and demand
Market size
Current trends/opportunities/challenges
Competitive landscape
Technological breakthroughs
Value chain and stakeholder analysis
The regional analysis covers:
North America (U.S. and Canada)
Latin America (Mexico, Brazil, Peru, Chile, and others)
Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
Eastern Europe (Poland and Russia)
Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
Middle East and Africa (GCC, Southern Africa, and North Africa)
The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.
A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.
Highlights of the report:
A complete backdrop analysis, which includes an assessment of the parent market
Important changes in market dynamics
Market segmentation up to the second or third level
Historical, current, and projected size of the market from the standpoint of both value and volume
Reporting and evaluation of recent industry developments
Market shares and strategies of key players
Emerging niche segments and regional markets
An objective assessment of the trajectory of the market
Recommendations to companies for strengthening their foothold in the market
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