Transparency Market Research (TMR) has released a
new research report, titled “Bulk Container Packaging Market -
Global Industry Analysis, Size, Share, Growth, Trends and Forecast
2014 - 2020”. TMR states that the global bulk container packaging
market stood at US$2.22 billion in 2013 and will reach US$4.21
billion by 2020, increasing at a CAGR of 9.7% from 2014 to
2020.Increasing oil exports from Southeast Asia, combined with the
flourishing global wine trade, are projected to fuel the bulk
container packaging market. Moreover, the capacity of flexitanks to
carry large volumes of commodities enhances cost and operational
efficiency, which will boost the market.Bulk container packaging
constitutes products used for high volume or bulk packaging, which
are used for sea, road, or rail transportation.
This 88 page report gives readers a
comprehensive overview of the Bulk container packaging market. Browse
Market Research Report @
However, volatile
feedstock prices pose a challenge to the growth of this market.
Expansion of the commodity trade in BRIC countries will be favorable
for the bulk container packaging market in the years to come.The
report segments the bulk container packaging market into flexitanks,
bulk container liners, and flexible intermediate bulk containers
(FIBC). FIBC accounted as the largest product segment of the market
in 2013. The bulk container liners product segment are expected to
witness moderate growth and held more than 35% of the market in 2013.
On the other hand, the flexitanks product segment
held a smaller share of the overall market in 2013. However,
flexitanks are expected to display the fastest growth, due to their
cost-effectiveness and higher operational performance.By application,
the chemicals segment dominated the market and is expected to display
a CAGR of more than 9% from 2014 to 2020.
Bulk container packaging is well suited for the
transportation of bulk chemicals, since it keeps chemicals isolated.
Food and beverages stood as the second largest application segment of
the global bulk container packaging market in 2013, state
analysts.According to the report, North America registered a share of
more than 30% in the global bulk container packaging market in 2013.
This was mainly due to high demand for FIBC and bulk container liners
for export of oilseeds, feeds, corn, and grains in the U.S. and
Canada.
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By volume, Europe is anticipated to witness
moderate growth for bulk container packaging, due to high export of
wines. Among the regional markets, however, Asia Pacific will expand
at the highest growth rate, due to escalating exports of bulk
chemicals and oils to North America and Europe, adds the report. The
Rest of the World (RoW) region is expected to display the second
fastest growth rate, due to increasing exports of food products and
bulk chemicals.On the competitive landscape, in 2013, the global bulk
container packaging market was controlled by a few key players in the
market. BLT Flexitank Industrial Co. Ltd., SIA Flexitanks Ltd., Trust
Flexitanks, Braid Logistics, Environmental Packaging Technologies,
Inc., and Trans Ocean Bulk Logistics Ltd. are some of the major
players operating in the global bulk container packaging market.
The report segments the global bulk container
packaging market as follows:
Bulk Container Packaging Market - Product
Segment Analysis
- Flexitanks
- Flexible intermediate bulk containers (FIBC)
- Bulk container liners
Bulk Container Packaging Market - Application
Analysis
- Food & beverages
- Chemicals
- Others (Including pharmaceuticals, etc.)
Bulk Container Packaging Market - Regional
Analysis
- North America
- Europe
- Asia Pacific
- Rest of the World (RoW)
About
Us
Transparency Market Research (TMR) is a global market intelligence
company providing business information reports and services. The
company’s exclusive blend of quantitative forecasting and trend
analysis provides forward-looking insight for thousands of decision
makers. TMR’s experienced team of analysts, researchers, and
consultants use proprietary data sources and various tools and
techniques to gather and analyze information.
TMR’s data repository is continuously updated and revised by a team
of research experts so that it always reflects the latest trends and
information. With extensive research and analysis capabilities,
Transparency Market Research employs rigorous primary and secondary
research techniques to develop distinctive data sets and research
material for business reports.
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