Global IBC (intermediate bulk containers) liners consumption will lead to the market valuation of over US$ 1 billion towards the end of 2028, according to a new analytical study of Future Market Insights (FMI). The global market for IBC liners has been projected to expand at a promising CAGR of 5% during the 10-year forecast period 2018-2028.The aseptic IBC liner segment holds more than 70% of the total market share, by filling technology.
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FMI’s report has covered some of the key manufacturers operating in the IBC liners market, which also include Bemis Company, Inc., Nittel GmbH & Co KG, Sealed Air Corporation, Arena Products, Inc., Qbig Packaging B.V., CDF corporation, Brambles Industries Limited, Composite Containers LLC, Peak Packaging Ltd., and Paper Systems Inc. among others. Many local and unrecognized players are expected to contribute to the global IBC liners market during 2018-2028.
Key Segment :
On the basis of capacity, the IBC liners market has been segmented into
up to 1,000 litres
1,000 to 1,500 litres
above 1,500 litres
On the basis of material type, the IBC liners market has been segmented into
polyethylene (PE)
Polypropylene (PP)
EVOH
Aluminum foil
On the basis of content type, the IBC liners market has been segmented into
powder & granules
liquid segments
On the basis of filling technology, the IBC liners market has been segmented into
aseptic
non-aseptic
On the basis of end users, the IBC liners market has been segmented into
food
beverages
chemicals
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IBC Liners Market: FMI Key Findings
Polyethylene is the most common material type used for manufacturing IBC liners owing to its extensive flexibility and cost-effectiveness.
Among capacity types, the 1,000 to 1,500 litres segment holds the highest market share and is projected to have a highly positive outlook during the forecast period. One of the most common capacity types, 1,000 to 1,500 litres capacity type is widely used for storage and shipping of bulk contents.
Among filling technology types, the aseptic filling segment is expected to expand 1.3x of its current value by the end of 2022.
Emergent Markets Expected to Escalate the Demand for IBC Liners
The IBC liners market has numerous growth opportunities in South Asia. The adoption of bulk liquid packaging is positively impacting the IBC liners demand. Manufacturers are focusing on manufacturing IBC liners for standard IBCs and also meeting end-user requirements through customized products. This has led to an increased usage of IBC liners which have unique distinguishing features, particularly in the food and beverages sector.
Intermediate bulk containers are widely being preferred for bulk transportation, while many companies have their fleet of IBCs, some of the small manufacturers are now interested in pooling. The industry is witnessing a shift from the ownership model to the pay-per-use model due to IBC liners. It is more cost-effective than buying an intermediate container. Also, IBCs rentals allow capital conservation and eliminate IBC disposal costs.
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Geographically, the South Asian region is expected to exhibit a positive outlook for the IBC liners market and is projected to grow at a healthy CAGR of 8.2% during 2018-2028. In terms of market share, East Asia is anticipated to remain as the most attractive market for IBC liners in the global IBC liners market during the forecast period.
About FMI
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
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