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FMI, in its upcoming business report, elaborates the historical and current scenario of the global Reconditioned IBC market in terms of production, consumption, volume, and value. The report scrutinizes the market into various segments, regions and players on the basis of demand pattern and growth prospects.
Crucial information and forecast statistics covered in the Reconditioned IBC market report will arm both existing and emerging market players with necessary insights to craft long-term strategies as well as maintain business continuity during a crisis such as the ongoing COVID-19 pandemic.
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COVID-19 Impact Analysis on Reconditioned IBC Market
The recent outbreak of the COVID-19 has adversely affected various markets in the packaging industry, and the Reconditioned IBC market is no exception. Products which are deemed ‘essential’ continue to experience significant sales, while non-essential items faced a sharp decline in demand.
Following government’s measures, particularly social distancing norms and stay-at-home orders, companies operating in the Reconditioned IBC market have put their production on a halt. Additionally, movement restrictions and supply chain disruptions have created a logistical nightmare for market players, leading to severe product shortages in the global marketplace. Several market players are further planning to relocate their supply chain from China – the first epicenter of the COVID-19.
The FMI’s report includes an interesting chapter on preliminary impact of the COVID-19 on the Reconditioned IBC market. This allows both leading and emerging market players to understand the market scenario during a crisis and aids them in making sound decisions to gain a distinct competitive edge.
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Global Reconditioned IBC Market: Segmentation
The global reconditioned IBC market can be segmented on the basis of material, size/capacity, reconditioning pattern, and the end use
The global reconditioned IBC market can be segmented on the basis of material type into:
- Plastic Intermediate Bulk Containers
- Composite Intermediate Bulk Containers
The global Reconditioned IBC market can be segmented on the basis of size/capacity into:
- Reconditioned IBC with Capacity Up to 150 Gallons
- 150- 225 Gallons
- 225-300 Gallons
- Capacity of 300 Gallons and above
The global reconditioned IBC market can be segmented on the basis of reconditioning pattern into:
- Rebottled IBC
- Non-UN Approved Reconditioned IBC
- UN Approved Reconditioned IBC
- Washed IBC
- Non-UN Approved Reconditioned IBC
- UN Approved Reconditioned IBC
The global reconditioned IBC market can be segmented on the basis of end use industry served into:
- Oils & Lubricants
- Chemicals and solvents
- Paints & Dyes
- Pharmaceuticals Concentrates / Solutions
- Food & Beverages Ingredients
- Agriculture & Allied Industry (Fertilizers / Pesticides)
- Building and Construction
- Other Industrial End Use
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Reconditioned IBC Market: Key Players
Some of the key players currently operating in the global Reconditioned IBC market are:
- Mauser Group B.V.
- Greif, Inc.
- The Cary Company
- Schutz Container Systems, Inc.
- Recontainers Ltd.
- Industrial Container Services, Inc.
- Mitchell Container Services, Inc
- General Steel Drum LLC
- Rahway Steel Drum Co Inc.
- Metal Drum Co Ltd/The
- James G Carrick & Co Ltd
- Izvar Ambalaj Sanayi VE Ticaret AS
- Clouds Drums Dubai LLC
- Skolnik Industries Inc.
The report on Reconditioned IBC is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, as well as inputs from industry experts and industry participants across the value chain. The Reconditioned IBC report provides in-depth analysis of parent market trends, macroeconomic indicators, and governing factors along with market attractiveness as per segments. The Reconditioned IBC report also maps the qualitative impact of various market factors on market segments and geographies.
Important Questions Answered in the Reconditioned IBC Market Report
- Which end user remains the top revenue contributor in different regional markets?
- At what rate has the global Reconditioned IBC market been expanding during the forecast period?
- How will the global Reconditioned IBC market look like by the end of the forecast period?
- What innovative strategies are adopted by Reconditioned IBC market players to stay ahead of the pack?
- What are the restraints affecting the growth of the global Reconditioned IBC market?
Key Offerings of the Report
- Growth Drivers and Opportunities: Comprehensive analysis on growth-driving factors and opportunities for market players in different regional markets
- Recent Trends and Forecasts: Detailed assessment on the latest trends, technological developments, and forecasts for a 5-year or 10-year period.
- Segmental Analysis: Extensive analysis on each segment and factors differentiating the role of these segments in market revenue forecasts and growth rate analysis
- Regional Market Forecast: Thorough analysis of each regional market to arm stakeholders with necessary information to take critical decisions
- Competitive Landscape: All-inclusive insights on both leading and emerging players vying for a slice of the Reconditioned IBC market