According to Future Market Insights, the global intermediate bulk container (IBC) market size is forecast to inflate from US$ 23.8 billion in 2023 to US$ 46.2 billion by 2033. Overall intermediate bulk container demand is expected to surge at 6.9% CAGR throughout the assessment period (2023 to 2033).
The Intermediate Bulk Container (IBC) Liner Market is a dynamic sector that caters to the increasing demand for efficient and safe bulk packaging solutions. IBC liners act as a protective barrier between the container and the stored material, preventing contamination, leakage, and damage. These liners are typically made from high-quality materials such as polyethylene or polypropylene, offering excellent resistance to chemicals, moisture, and temperature variations.
The market for IBC liners has witnessed significant growth in recent years, driven by the expanding industrial sectors and the need for cost-effective and eco-friendly packaging solutions. With the rising emphasis on sustainability and the need to comply with stringent regulatory standards, industries are increasingly adopting IBC liners to ensure the integrity of their products during storage and transportation.
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Growth Factors: Driving the Intermediate Bulk Container (IBC) Liner Market
Increasing Demand for Bulk Packaging Solutions
The global market for bulk packaging solutions is experiencing steady growth due to the rapid industrialization and globalization of trade. The need for efficient and secure packaging options to transport a wide range of materials, including liquids, powders, and granules, has propelled the demand for IBC liners. These liners offer superior protection against moisture, contamination, and physical damage, making them an ideal choice for industries seeking reliable packaging solutions.
Stringent Regulations and Compliance Standards
Industries across various sectors, such as chemicals, pharmaceuticals, and food and beverages, are subject to strict regulations to ensure the safety and quality of their products. IBC liners play a crucial role in meeting these compliance standards by providing a hygienic and contaminant-free environment for the stored materials. The increasing focus on maintaining product integrity and safety has led to a surge in the adoption of IBC liners in these industries.
Key Takeaways from Intermediate Bulk Containers (IBC) Market
- By product type, the flexible IBC segment is likely to hold around 94% market share by the end of 2033.
- Based on material, plastic segment will continue to dominate the global intermediate bulk container (IBC) market during the next decade.
- In terms of content, solid & semi-solids segment is forecast to showcase an incremental opportunity of US$ 20.3 billion, during the assessment years.
- By end use, chemicals sub-segment in RIBCs category is estimated to create an incremental opportunity of US$ 1.2 billion during the projection period while food and agriculture sub-segment of FIBCs category is estimated to create an incremental opportunity of US$ 8.4 billion by the end of 2033.
- Europe is forecast to remain at the leading position and hold around 1/3rd share of the global market during the assessment period.
- With increasing manufacturing activities, East Asia and South Asia markets are estimated to witness a gain of 250 bps and 140 bps of current market share respectively by 2033.
- The U.S. intermediate bulk container (IBC) market reached US$ 3.5 billion in 2022 and it is expected to hold 86.7% share of North America market by 2033.
- China’s intermediate bulk container market is forecast to exhibit a CAGR of 8.5% between 2023 and 2033.
“Growing demand for flexible and rigid intermediate bulk containers due to their packaging capabilities in storing and transporting liquid, semi-solid and solid contents safely and conveniently is anticipated to provide a strong thrust to the global intermediate bulk container market development,” says an FMI analyst
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Ever-increasing Cross Country Trade to Boost IBCs Demand
In recent years, there has been a dramatic rise in cross-country trade due to globalization and open trade policies, and the trend is expected to further escalate during the upcoming years. This in turn will generate high demand for bulk packaging solutions such as intermediate bulk containers (IBCs).
Regions such as North America are seeing an exponential rise in demand for food, petroleum, and chemical applications. Around 33% of the agricultural land in the USA is meant only for exports, which propels the need for bulk packaging. IBCs offer several benefits such as reusability, leading to their long range of applications across various end users.
Further, one of the key factors leading to adoption of IBCs is their exponentially small contamination problem, since IBCs are manufactured with utmost care and periodic reconditions.
Who is Winning?
Greif Inc., SCHUTZ GmbH & Co. KGaA, and Mauser Packaging Solutions are the top players operating in the intermediate bulk containers market. Further, Berry Global Inc., International Paper Company, DS Smith Plc and Mondi Group are also noticeable players in the intermediate bulk containers market. The 3-tier players of the market hold 55 to 65% of the global intermediate bulk containers market. Summarizing everything, key players will contribute almost 25 to 30% of the global market.
- Grief Inc,
- Berry Global, Inc,
- Thielmann US LLC,
- SIA Flexitanks Limited,
- Schafer Werke Gmbh,
- Time Technoplast Ltd,
- International Paper Company,
- DS Smith Plc,
- HCS Group,
- Mondi Plc,
- SCHÜTZ GmbH & Co. KGaA,
- Mauser Packaging Solutions,
- Hoover Ferguson Group,
- Snyder Industries, Inc,
- Obal Centrum s.r.o,
- Bulk Lift International, Inc,
- Transtainer,
- Pensteel Ltd, and
- SYSPAL Ltd,
are few of the key intermediate bulk container manufacturers operating worldwide.
Intermediate Bulk Container (IBC) Industry by Category
By Product:
- RIBC
- Metal
- Paperboard
- Plastic
- Composite
- FIBC
- Flexitanks
- Bags
By Material:
- Metal & Paperboard
- Plastic
- Polyethylene (PE)
- Polypropylene (PP)
- Polyvinyl Chloride (PVC)
By Content:
- Liquid
- Solid & Semi-Solids
By Capacity:
- RIBC
- Up to 1,000 L
- 1,000 – 1,500 L
- Above 1,500 L
- FIBC
- Up to 500 KG
- 501 to 1,000 KG
- 1,001 to 1,500 KG
- Above 1,500 KG
By End Use:
- RIBC
- Chemicals
- Petroleum & Lubricants
- Paints, Inks & Dyes
- Food & Beverage
- Cosmetic & Personal
- Healthcare & Pharmaceuticals
- Others
- FIBC
- Chemicals & Fertilizers
- Food & Agriculture
- Building & Construction
- Healthcare & Pharmaceuticals
- Mining
- Others
About Future Market Insights, Inc.
Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.
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