The bulk container packaging market is anticipated to be valued at USD 20.2 billion in 2024. For 2023, the value was tipped at USD 18.9 billion. The market is expected to evolve at a healthy rate from 2024 to 2034, with a CAGR of 3.80%. By the end of the forecast period in 2034, the market value is predicted to have jumped to USD 29.3 billion.
| Attributes | Details |
|---|---|
| Bulk Container Packaging Market Value for 2024 | USD 20.2 billion |
| Projected Market Value for 2034 | USD 29.3 billion |
| Value-based CAGR of Market for 2024 to 2034 | 3.80% |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The bulk container packaging market was tipped to be US$ 16.5 billion in 2019. The market is likely to progress at a consistent CAGR of 3.4% over the historical period.
As trade increased worldwide, so did the need for bulk container packaging. However, the pandemic acted as a disruptor in the market. As restrictions were imposed, industrial plants were shut down. Shipping routes were also in for disruption as a significant number of countries closed their borders. Thus, the pandemic halted the progress of the market during the historical period. However, the use of bulk container packaging for charitable causes, including help in supplying food to the severely affected regions, also lent a positive outlook to the market during the pandemic. By 2023, the market value had reached US$ 18.9 billion.
| Market Value (2019) | US$ 16.5 billion |
|---|---|
| Historical CAGR (2019 to 2023) | 3.4% |
| Historical Market Valuation (2023) | US$ 18.9 billion |
Long-term Analysis of the Bulk Container Packaging Market
The bulk container packaging market is marked to be worth US$ 20.2 billion in 2024. The progress of the market is pegged to be promising over the period from 2024 to 2034, with a CAGR of 3.80%.
The market is expected to progress at a much faster pace in the forecast period than in the historical period. With the pandemic no longer weighing things down, trade is flourishing, even across international borders. As shipment quantities increase, both in terms of size and volume, there is a greater need for bulk container packaging.
The sudden increase in industries like food and pharmaceuticals and electronic commerce, especially in countries like China and India, is accelerating the market's growth. The infusion of better tracking facilities into the industrial packaging solution is expected to drive the demand in the market further. By 2034, it is anticipated that the value of the market will have jumped to USD 29.3 billion.
Principal Consultant
An analysis of the bulk container packaging market is attempted concerning two categories: material and end use. The material used in bulk container packaging comes overwhelmingly from plastic. Bulk container packaging is used in a variety of industries. However, industrial chemicals emerge as the dominant one.
Plastic is the predominant material used in bulk container packaging. For 2024, plastic is expected to account for a gargantuan 95.1% of the market share by material.
While plastic use has come under scrutiny in the wake of sustainability trends, it still offers a more cost-effective solution than metal packaging. The development of new polymers that enhance the toughness of the packaging, minimizing losses, also makes plastic appealing. Thus, plastic dominates the material segment.
| Attributes | Details |
|---|---|
| Top Material | Plastic |
| CAGR (2024 to 2034) | 95.1% |
Bulk container packaging is extensively used in the chemical industry. For 2024, the industrial chemical end-use segment is anticipated to contribute to 44.9% of the market share.
There is a need in the chemical industry to transport and store material that is often hazardous or flammable. Thus, an industrial packaging solution like bulk container packaging is sought by chemical industry suppliers to ensure a lack of spillage and potential disasters while transporting industrial chemicals.
| Attributes | Details |
|---|---|
| Top End Use | Industrial Chemical |
| CAGR (2024 to 2034) | 44.9% |
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
Rapid advancements made in the industrial sector are contributing to the progress of the market in the Asia Pacific. Government encouragement further accelerates industrial growth in the region, which portends positive development of bulk container packaging.
North America is a significant region for the market. The region already holds a prominent share of the sales and is penned for further growth over the forecast period.
| Countries | CAGR |
|---|---|
| Canada | 3.3% |
| India | 5.7% |
| China | 5.1% |
| South Korea | 4.2% |
| Thailand | 4.6% |
The Asia Pacific is set to be the fastest-growing region for the market, and India is one of the most promising countries in the region. For the 2024 to 2034 period, the CAGR for India is estimated to be an invigorating 5.7%.
The packaging industry is growing by leaps and bounds in India, bolstered by the support provided by the government. Even as restrictions on plastic use are increasing, the government encourages recyclable plastic use. Thus, the outlook for the market in India is bright.
China has become a focal point for foreign companies to set up industrial plants. Thus, the domestic industries in China are being augmented by plants set up by foreign companies. The significant size of the chemical, food & beverage, and other industries in China represents a wealth of opportunities for bulk container packaging. For the forecast period, the CAGR for China is anticipated to be a promising 5.1%.
The presence of established local companies contributes to the positive outlook of the market in Thailand. YPA Thailand and Pack Delta Public Company Limited are two of the companies that have earned reputable names in the country. For the forecast period, the CAGR for Thailand is an appreciable 4.6%.
Import and export of bulk containers happens on a large scale in Korea. Western countries import bulk containers from Korea for cheap, while Korea imports bulk containers from developed countries for high-end quality. Thus, the thriving trade of bulk containers helps the market in Korea. For the forecast period, South Korea is expected to have a solid CAGR of 4.2%.
Canadian industrialists are looking for easy-to-handle packaging solutions that can nonetheless comfortably be used for transport and storage of large quantities. Thus, the trend is toward FIBCs in Canada. For the forecast period, the CAGR for Canada is estimated to be a sturdy 3.3%.
Market players are employing expansion strategies to increase the scope of the business. They are also striving to tap into hitherto unexplored areas in a bid to take advantage of the lack of competition.
Takeovers are common in the market. Multinational companies are acquiring smaller businesses to weed out competitors and increase their market stronghold. However, there are also significant opportunities for small-scale players in the market, especially those who trade locally. Thus, the market has a competitive nature.
Recent Developments in the Bulk Container Packaging Market
The bulk container packaging market size is expected to be worth USD 20.2 billion in 2024.
The bulk container packaging market is estimated to get as big as USD 29.3 billion by 2034.
The CAGR for India in the bulk container packaging market is estimated to be 5.7% through 2034.
Flexitanks, bulk containers, and bulk container liners are some product types in bulk container packaging.
The bulk container packaging market is expected to develop at a CAGR of 3.80% from 2024 to 2034.
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
3.1. Market Dynamics
3.1.1. Drivers
3.1.2. Restraints
3.1.3. Opportunity
3.1.4. Trends
3.2. Scenario Forecast
3.2.1. Demand in Optimistic Scenario
3.2.2. Demand in Likely Scenario
3.2.3. Demand in Conservative Scenario
3.3. Opportunity Map Analysis
3.4. Product Life Cycle Analysis
3.5. Supply Chain Analysis
3.5.1. Supply Side Participants and their Roles
3.5.1.1. Producers
3.5.1.2. Mid-Level Participants (Traders/ Agents/ Brokers)
3.5.1.3. Wholesalers and Distributors
3.5.2. Value Added and Value Created at Node in the Supply Chain
3.5.3. List of Raw Material Suppliers
3.5.4. List of Existing and Potential Buyer’s
3.6. Investment Feasibility Matrix
3.7. Value Chain Analysis
3.7.1. Profit Margin Analysis
3.7.2. Wholesalers and Distributors
3.7.3. Retailers
3.8. PESTLE and Porter’s Analysis
3.9. Regulatory Landscape
3.9.1. By Key Regions
3.9.2. By Key Countries
3.10. Regional Parent Market Outlook
3.11. Production and Consumption Statistics
3.12. Import and Export Statistics
4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034
4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2019 to 2023
4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2024 to 2034
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Product
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Product, 2019 to 2023
5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Product, 2024 to 2034
5.3.1. Flexi tanks
5.3.2. Bulk Containers
5.3.2.1. Flexible Bulk Containers
5.3.2.2. Rigid Bulk Containers
5.3.3. Bulk Container Liners
5.4. Y-o-Y Growth Trend Analysis By Product, 2019 to 2023
5.5. Absolute $ Opportunity Analysis By Product, 2024 to 2034
6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Material
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Material, 2019 to 2023
6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Material, 2024 to 2034
6.3.1. Plastic
6.3.1.1. HDPE
6.3.1.2. LDPE
6.3.1.3. LLDPE
6.3.1.4. PP
6.3.1.5. PVC
6.3.1.6. Others
6.3.2. Metals
6.3.3. Others
6.4. Y-o-Y Growth Trend Analysis By Material, 2019 to 2023
6.5. Absolute $ Opportunity Analysis By Material, 2024 to 2034
7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End Use
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By End Use, 2019 to 2023
7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By End Use, 2024 to 2034
7.3.1. Industrial Chemicals
7.3.2. Petroleum and Lubricants
7.3.3. Food and Beverages
7.3.4. Paints, Inks, and Dyes
7.3.5. Pharmaceutical
7.3.6. Others
7.4. Y-o-Y Growth Trend Analysis By End Use, 2019 to 2023
7.5. Absolute $ Opportunity Analysis By End Use, 2024 to 2034
8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region
8.1. Introduction
8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2019 to 2023
8.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2024 to 2034
8.3.1. North America
8.3.2. Latin America
8.3.3. Western Europe
8.3.4. Eastern Europe
8.3.5. South Asia and Pacific
8.3.6. East Asia
8.3.7. Middle East and Africa
8.4. Market Attractiveness Analysis By Region
9. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
9.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
9.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
9.2.1. By Country
9.2.1.1. USA
9.2.1.2. Canada
9.2.2. By Product
9.2.3. By Material
9.2.4. By End Use
9.3. Market Attractiveness Analysis
9.3.1. By Country
9.3.2. By Product
9.3.3. By Material
9.3.4. By End Use
9.4. Key Takeaways
10. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
10.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
10.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
10.2.1. By Country
10.2.1.1. Brazil
10.2.1.2. Mexico
10.2.1.3. Rest of Latin America
10.2.2. By Product
10.2.3. By Material
10.2.4. By End Use
10.3. Market Attractiveness Analysis
10.3.1. By Country
10.3.2. By Product
10.3.3. By Material
10.3.4. By End Use
10.4. Key Takeaways
11. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
11.2.1. By Country
11.2.1.1. Germany
11.2.1.2. UK
11.2.1.3. France
11.2.1.4. Spain
11.2.1.5. Italy
11.2.1.6. Rest of Western Europe
11.2.2. By Product
11.2.3. By Material
11.2.4. By End Use
11.3. Market Attractiveness Analysis
11.3.1. By Country
11.3.2. By Product
11.3.3. By Material
11.3.4. By End Use
11.4. Key Takeaways
12. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
12.2.1. By Country
12.2.1.1. Poland
12.2.1.2. Russia
12.2.1.3. Czech Republic
12.2.1.4. Romania
12.2.1.5. Rest of Eastern Europe
12.2.2. By Product
12.2.3. By Material
12.2.4. By End Use
12.3. Market Attractiveness Analysis
12.3.1. By Country
12.3.2. By Product
12.3.3. By Material
12.3.4. By End Use
12.4. Key Takeaways
13. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
13.2.1. By Country
13.2.1.1. India
13.2.1.2. Bangladesh
13.2.1.3. Australia
13.2.1.4. New Zealand
13.2.1.5. Rest of South Asia and Pacific
13.2.2. By Product
13.2.3. By Material
13.2.4. By End Use
13.3. Market Attractiveness Analysis
13.3.1. By Country
13.3.2. By Product
13.3.3. By Material
13.3.4. By End Use
13.4. Key Takeaways
14. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
14.2.1. By Country
14.2.1.1. China
14.2.1.2. Japan
14.2.1.3. South Korea
14.2.2. By Product
14.2.3. By Material
14.2.4. By End Use
14.3. Market Attractiveness Analysis
14.3.1. By Country
14.3.2. By Product
14.3.3. By Material
14.3.4. By End Use
14.4. Key Takeaways
15. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country
15.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2019 to 2023
15.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2024 to 2034
15.2.1. By Country
15.2.1.1. GCC Countries
15.2.1.2. South Africa
15.2.1.3. Israel
15.2.1.4. Rest of MEA
15.2.2. By Product
15.2.3. By Material
15.2.4. By End Use
15.3. Market Attractiveness Analysis
15.3.1. By Country
15.3.2. By Product
15.3.3. By Material
15.3.4. By End Use
15.4. Key Takeaways
16. Key Countries Market Analysis
16.1. USA
16.1.1. Pricing Analysis
16.1.2. Market Share Analysis, 2023
16.1.2.1. By Product
16.1.2.2. By Material
16.1.2.3. By End Use
16.2. Canada
16.2.1. Pricing Analysis
16.2.2. Market Share Analysis, 2023
16.2.2.1. By Product
16.2.2.2. By Material
16.2.2.3. By End Use
16.3. Brazil
16.3.1. Pricing Analysis
16.3.2. Market Share Analysis, 2023
16.3.2.1. By Product
16.3.2.2. By Material
16.3.2.3. By End Use
16.4. Mexico
16.4.1. Pricing Analysis
16.4.2. Market Share Analysis, 2023
16.4.2.1. By Product
16.4.2.2. By Material
16.4.2.3. By End Use
16.5. Germany
16.5.1. Pricing Analysis
16.5.2. Market Share Analysis, 2023
16.5.2.1. By Product
16.5.2.2. By Material
16.5.2.3. By End Use
16.6. UK
16.6.1. Pricing Analysis
16.6.2. Market Share Analysis, 2023
16.6.2.1. By Product
16.6.2.2. By Material
16.6.2.3. By End Use
16.7. France
16.7.1. Pricing Analysis
16.7.2. Market Share Analysis, 2023
16.7.2.1. By Product
16.7.2.2. By Material
16.7.2.3. By End Use
16.8. Spain
16.8.1. Pricing Analysis
16.8.2. Market Share Analysis, 2023
16.8.2.1. By Product
16.8.2.2. By Material
16.8.2.3. By End Use
16.9. Italy
16.9.1. Pricing Analysis
16.9.2. Market Share Analysis, 2023
16.9.2.1. By Product
16.9.2.2. By Material
16.9.2.3. By End Use
16.10. Poland
16.10.1. Pricing Analysis
16.10.2. Market Share Analysis, 2023
16.10.2.1. By Product
16.10.2.2. By Material
16.10.2.3. By End Use
16.11. Russia
16.11.1. Pricing Analysis
16.11.2. Market Share Analysis, 2023
16.11.2.1. By Product
16.11.2.2. By Material
16.11.2.3. By End Use
16.12. Czech Republic
16.12.1. Pricing Analysis
16.12.2. Market Share Analysis, 2023
16.12.2.1. By Product
16.12.2.2. By Material
16.12.2.3. By End Use
16.13. Romania
16.13.1. Pricing Analysis
16.13.2. Market Share Analysis, 2023
16.13.2.1. By Product
16.13.2.2. By Material
16.13.2.3. By End Use
16.14. India
16.14.1. Pricing Analysis
16.14.2. Market Share Analysis, 2023
16.14.2.1. By Product
16.14.2.2. By Material
16.14.2.3. By End Use
16.15. Bangladesh
16.15.1. Pricing Analysis
16.15.2. Market Share Analysis, 2023
16.15.2.1. By Product
16.15.2.2. By Material
16.15.2.3. By End Use
16.16. Australia
16.16.1. Pricing Analysis
16.16.2. Market Share Analysis, 2023
16.16.2.1. By Product
16.16.2.2. By Material
16.16.2.3. By End Use
16.17. New Zealand
16.17.1. Pricing Analysis
16.17.2. Market Share Analysis, 2023
16.17.2.1. By Product
16.17.2.2. By Material
16.17.2.3. By End Use
16.18. China
16.18.1. Pricing Analysis
16.18.2. Market Share Analysis, 2023
16.18.2.1. By Product
16.18.2.2. By Material
16.18.2.3. By End Use
16.19. Japan
16.19.1. Pricing Analysis
16.19.2. Market Share Analysis, 2023
16.19.2.1. By Product
16.19.2.2. By Material
16.19.2.3. By End Use
16.20. South Korea
16.20.1. Pricing Analysis
16.20.2. Market Share Analysis, 2023
16.20.2.1. By Product
16.20.2.2. By Material
16.20.2.3. By End Use
16.21. GCC Countries
16.21.1. Pricing Analysis
16.21.2. Market Share Analysis, 2023
16.21.2.1. By Product
16.21.2.2. By Material
16.21.2.3. By End Use
16.22. South Africa
16.22.1. Pricing Analysis
16.22.2. Market Share Analysis, 2023
16.22.2.1. By Product
16.22.2.2. By Material
16.22.2.3. By End Use
16.23. Israel
16.23.1. Pricing Analysis
16.23.2. Market Share Analysis, 2023
16.23.2.1. By Product
16.23.2.2. By Material
16.23.2.3. By End Use
17. Market Structure Analysis
17.1. Competition Dashboard
17.2. Competition Benchmarking
17.3. Market Share Analysis of Top Players
17.3.1. By Regional
17.3.2. By Product
17.3.3. By Material
17.3.4. By End Use
18. Competition Analysis
18.1. Competition Deep Dive
18.1.1. Greif, Inc.
18.1.1.1. Overview
18.1.1.2. Product Portfolio
18.1.1.3. Profitability by Market Segments
18.1.1.4. Sales Footprint
18.1.1.5. Strategy Overview
18.1.1.5.1. Marketing Strategy
18.1.1.5.2. Product Strategy
18.1.1.5.3. Channel Strategy
18.1.2. Berry Global, Inc.
18.1.2.1. Overview
18.1.2.2. Product Portfolio
18.1.2.3. Profitability by Market Segments
18.1.2.4. Sales Footprint
18.1.2.5. Strategy Overview
18.1.2.5.1. Marketing Strategy
18.1.2.5.2. Product Strategy
18.1.2.5.3. Channel Strategy
18.1.3. Sealed Air Corporation
18.1.3.1. Overview
18.1.3.2. Product Portfolio
18.1.3.3. Profitability by Market Segments
18.1.3.4. Sales Footprint
18.1.3.5. Strategy Overview
18.1.3.5.1. Marketing Strategy
18.1.3.5.2. Product Strategy
18.1.3.5.3. Channel Strategy
18.1.4. DS Smith Plc
18.1.4.1. Overview
18.1.4.2. Product Portfolio
18.1.4.3. Profitability by Market Segments
18.1.4.4. Sales Footprint
18.1.4.5. Strategy Overview
18.1.4.5.1. Marketing Strategy
18.1.4.5.2. Product Strategy
18.1.4.5.3. Channel Strategy
18.1.5. Mondi Group
18.1.5.1. Overview
18.1.5.2. Product Portfolio
18.1.5.3. Profitability by Market Segments
18.1.5.4. Sales Footprint
18.1.5.5. Strategy Overview
18.1.5.5.1. Marketing Strategy
18.1.5.5.2. Product Strategy
18.1.5.5.3. Channel Strategy
18.1.6. Bemis Company, Inc.
18.1.6.1. Overview
18.1.6.2. Product Portfolio
18.1.6.3. Profitability by Market Segments
18.1.6.4. Sales Footprint
18.1.6.5. Strategy Overview
18.1.6.5.1. Marketing Strategy
18.1.6.5.2. Product Strategy
18.1.6.5.3. Channel Strategy
18.1.7. International Paper Company
18.1.7.1. Overview
18.1.7.2. Product Portfolio
18.1.7.3. Profitability by Market Segments
18.1.7.4. Sales Footprint
18.1.7.5. Strategy Overview
18.1.7.5.1. Marketing Strategy
18.1.7.5.2. Product Strategy
18.1.7.5.3. Channel Strategy
18.1.8. Winpak Ltd
18.1.8.1. Overview
18.1.8.2. Product Portfolio
18.1.8.3. Profitability by Market Segments
18.1.8.4. Sales Footprint
18.1.8.5. Strategy Overview
18.1.8.5.1. Marketing Strategy
18.1.8.5.2. Product Strategy
18.1.8.5.3. Channel Strategy
18.1.9. Mauser Group B.V
18.1.9.1. Overview
18.1.9.2. Product Portfolio
18.1.9.3. Profitability by Market Segments
18.1.9.4. Sales Footprint
18.1.9.5. Strategy Overview
18.1.9.5.1. Marketing Strategy
18.1.9.5.2. Product Strategy
18.1.9.5.3. Channel Strategy
18.1.10. Hoover Ferguson Group
18.1.10.1. Overview
18.1.10.2. Product Portfolio
18.1.10.3. Profitability by Market Segments
18.1.10.4. Sales Footprint
18.1.10.5. Strategy Overview
18.1.10.5.1. Marketing Strategy
18.1.10.5.2. Product Strategy
18.1.10.5.3. Channel Strategy
19. Assumptions & Acronyms Used
20. Research Methodology
Explore Packaging Insights
View Reports
Bulk Container Packaging Market
