IBC Liner Market

IBC Liner Market Overview

The global IBC liners market is expected to be worth USD 1,463.07 million by the end of the forecast period (2033) recording a CAGR of 4.9%. The market had a valuation of USD 906.8 million in the year 2022 and is anticipated to reach a valuation of USD 950.33 million by the end of 2023.

Market Dynamic for IBC Liners

The intermediate bulk container (IBC) liner market offers several opportunities for manufacturers.

• Growing Demand for Food and Pharmaceutical Applications: The demand for IBC liners is growing in the food and pharmaceutical industries, as these liners provide a hygienic and safe solution for transporting and storing products. Manufacturers can capitalize on this opportunity by developing liners that meet the specific requirements of these industries, such as FDA-approved materials and airtight seals.
• Increased Focus on Sustainability: Many companies are increasingly focused on sustainability and reducing their environmental impact. IBC liners offer a more eco-friendly solution than traditional containers, as they are reusable and recyclable. Manufacturers can differentiate themselves by developing liners that are made from sustainable materials and have a longer lifespan than traditional liners.
• Expansion in Emerging Markets: The IBC liner market is expanding in emerging markets such as Asia Pacific and the Middle East. Manufacturers can capitalize on this opportunity by expanding their operations in these regions and developing liners that meet the specific requirements of these markets.
• Customization: Many customers are looking for customized solutions that meet their specific requirements. Manufacturers can differentiate themselves by offering custom-designed liners that meet the specific needs of their customers, such as liners with customized dimensions, filling and discharging systems, and other features.
• Adoption of New Technologies: The adoption of new technologies such as barrier coatings, anti-static materials, and RFID tags can enhance the functionality and performance of IBC liners. Manufacturers can differentiate themselves by adopting these new technologies and offering liners with improved performance and functionality.

The Usefulness of IBC Liners as Protective Barriers

The IBC liners, also known as IBC totes primarily act as protective barriers for the environment as they act as a protection against hazardous substances. These IBC containers serve as affordable and simple solutions for safeguarding the environment. They are also useful in cases of accidental spills.

Increasing Pharma and Chemical Industries Growing Demand

A significant growth in the pharma and chemical sector is correspondingly propelling the growth of the IBC tote market. These industries act as key end users of the intermediate bulk containers due to their need in packaging raw materials and also to store finished goods. These developments are anticipated to boost the market for IBC liners during the forecasted duration.

Polyethylene and polyamide are gaining popularity at every level of the economy, from consumers and product manufacturers to the packaging industry. As demand for sustainable packaging is expected to rise, investments boosting innovations in this sector are likely to grow. This, in turn, may give rise to innovative materials, processes, techniques, and designs that meet consumers’ needs and tastes, apart from being environmentally friendly.

Attributes	Details
IBC Liners Market HCAGR (2018 to 2022)	3.7%
IBC Liners Market CAGR (2023 to 2033)	4.9%
IBC Liners Market Size (2023)	USD 950.33 million
IBC Liners Market Size (2033)	USD 1,463.07 million

IBC Liners Demand Analysis (2018 to 2022) Vs Market Outlook (2023 to 2033)

The IBC liners market is estimated to reach a valuation of USD 1,463.07 million by the end of the year 2033. IBC liners are the first choice of the end users, as they act as barriers against environmental hazards and save additional investment on container purchases. As per capacity, the 1,000 to 1,500 Liters segment is likely to outpace the other segments and is estimated to create some incremental opportunities in the coming decade.

The polyethylene segment amongst the other material types is estimated to be highly attractive in terms of market share and presents significant opportunities from 2023 to 2033. The beverage segment is forecast to witness a significant opportunity, registering a CAGR of 5.4% owing to the growing use of IBC liners in heavy containers for shipment. South Asia is anticipated to witness a significant growth of twice its value by the end of the year 2033 and is likely to create a vast market with expected revenue growth at a CAGR of 7.8% during the forecast period.

Short Term (2023 to 2026): Intermediate bulk containers are the foremost choice for transporting food gradients. The containers provide some benefits to warehouse operators who inevitably require a safe and hygienic process to transport some specific food items. This collapsible container equipped with the United States FDA-approved high-density polyethylene liner help in shipping these products efficiently and safely. This is expected to boost the market during this period.

Medium Term (2026 to 2029): The IBC liners are ideal for the food & beverage industry as they help producers keep the costs of shipping and storage comparatively low to minimize the overall cost of products. The cost-saving factor is beneficial for industries and is likely to propel the market further during this period.

Long Term (2029 to 2033): To eliminate the problem of weight and efficiency in transportation, IBC liners in the food and beverage sector are expected to generate extraordinary revenue in the IBC liners market during this period.

What are the Restraints Encountered by IBC Liners Market?

Rigid Regulations with a Cumbersome Installation Process to Hamper Growth

Various governments are incorporating regulations for restricting and reducing the sales and use of plastic products. These imposed regulations on plastic use can help in diminishing hazards caused to the environment. Since IBC liners are primarily made of polymer and over the years, plastic products have become a highly visible indicator of environmental degradation, various regulatory government bodies are influencing manufacturers to shift their focus toward the production of eco-friendly and sustainable products by imposing bans.

The installation of the specified liners mainly involves the process of fastening them inside the fabric of the containers, which allows the containers to be used only for one type of material and not for several contents. This is one of the key factors hampering the growth of the IBC liners market across the globe over the forecast period.

Emptying Process of IBC Liners Poised to be Risky

A higher quantity of combustible dust gets deposited in the IBC liners while the container is in use. These IBC liners are weak containers prone to damage if an explosion occurs without any precaution. Due to the explosion, the IBC liners may get damaged because of the high pressure caused by the sudden outburst of fire and this may result in an external fire. Such factors are restraints for the market.

Worldwide Trading Activity to Spur the Demand

Trade has shown a remarkable path over the last two centuries and today almost one-fourth of the total global production is exported, which is boosting the economies worldwide.

Global trade activity including goods and services is becoming more complex day by day. According to a recent publication, around 30% value of worldwide exports comes only from foreign entities.

Category-wise Insights

The Food Industry is the Dominant Sector to Boost the Growth of the Market

IBC liner is significantly used in the food & beverage industry. The high consumption of heavy containers in South Asia for food & beverage packaging is owing to the features such as structural integrity to maintain the freshness of the food, cost-effectiveness with excellent barrier properties against oxidation and temperature, and likewise.

Expansion in the beverage industry is likely to boost the use of IBC liners. The food & beverages sector is expected to register a CAGR of 5.4% over the forecast period.

The Chemical Industry is likely to be a Key Sector for the Growth of the Market

Further, IBC liners are used prominently in the chemicals industry as they are apt storage solutions for many industrial chemicals such as epoxy paint, paint thinner, adhesives, sealants, and resins amongst others. They provide resistance to corrosion, can handle harsh solvents and are available in a wide range of sizes and designs.

The Middle East & Africa are likely to have a prominent share in the consumption of IBC liners for the chemical industry owing to the growth backed by the petrochemical industry. The chemical industry is likely to record a CAGR of 4.9% over the forecast period.

Plastic is Likely to Dominate the Material Segment

The IBC liners are primarily made using propylene polyethylene. Hence, plastic is anticipated to be a significant component in the material segment. Plastic is light in weight and provides a good aesthetic appeal. Moreover, the barrier properties offered by plastic are quite high. It is also not expensive when compared to some other metals.

Based on material, plastic commanded the leading share of 67.5% in terms of revenue in 2021.

Plastic is a preferred material for IBC liners for several reasons

• Flexibility: Plastic is a flexible material that can be molded into a variety of shapes and sizes, making it ideal for custom-designed liners that fit specific IBCs. Plastic liners can also be designed to fit snugly into the IBC, reducing the risk of leaks or spills.
• Lightweight: Plastic liners are lightweight, making them easy to transport and handle. This is particularly important in applications where IBCs need to be moved frequently or where weight is a critical factor.
• Cost-effective: Plastic liners are typically less expensive than other liner materials such as metal or glass, making them a cost-effective solution for many applications.
• Chemical Resistance: Plastic liners are resistant to a wide range of chemicals, making them suitable for storing and transporting hazardous materials. This is particularly important in the chemical and pharmaceutical industries, where strict regulations require the use of safe and reliable storage solutions.
• Hygienic: Plastic liners can be made from food-grade materials, making them suitable for storing and transporting food products. They are also easy to clean and sanitize, reducing the risk of contamination.

With all such factors concerning plastic, it is anticipated to be the dominant segment over the forecast period.

Country-wise Insights

North America, Europe, and the Asia Pacific held the dominant positions in the IBC liners market. The Middle East and Africa region is also expected to pick up the pace with rapid industrialization. The IBC liners market, being systematic, is expected to grow on a gracious note. This has been mentioned by FMI in its latest piece of analysis.

What is the Market Outlook in the Asia Pacific Region?

India set to Witness Significant Growth in the Market

Due to increased trade among global countries, the market for IBC liners is expected to grow rapidly in India. The government’s initiatives to increase manufacturing and easing of the export procedures are expected to boost the demand for the IBC liners market in India. The growth rate is anticipated to be at 8.8% over the forecast period.

What is the Market Outlook for the North American Region?

The United States to Dominate the North American Market for IBC Liners

With technological advancements, the need for exports has risen in the United States. Further, the growth of the food industry is giving rise to the requirement for transportation. These factors are expected to propel the United States market for IBC liners over the forecast period. The market in this region is anticipated to record a CAGR of 3.2% by the end of 2033.

What is the European Market Outlook for IBC Liners?

Germany to Emerge as a Dominant Market for IBC Liners

Germany is witnessing a growing pharmaceutical sector. Further, the increase in the geriatric population in Germany is anticipated to provide growth opportunities for the IBC liners mark requires the rising production of pharmaceuticals.

This is due to the consumption need of the aging population which requires medical supplies. This is expected to propel the German market over the forecast period. The German market for IBC liners is likely to register a CAGR of 2.3% over the forecast period.

The Key Player Structural Analysis of the IBC Liners Market

The market for IBC liners is highly fragmented with numerous small- and medium-sized market players. Most of these key players already hold a strong position in the market, especially the domestic markets. As a product, the IBC liners are not quite different from the various market players and hence, the completion is quite high. High-tech enhancements such as temperature control and package tracking are being implemented by key players to stay ahead of the race.

The Key Market Players

• 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.
• Paper Systems Inc.
• W. Stuart Smith International LAF Packaging Co., Ltd.
• Bycom Industries Pte Ltd.
• ILC Dover LP
• LC Packaging International BV
• Palmetto Industries
• Bulk Lift International, Inc.
• Hanlon Solutions Resource, Inc.
• Multipac Pty. Ltd.
• Freedom Manufacturing LLC

Key Segments Covered

By Capacity:

• Up to 1,000 liters
• 1,000 to 1,500 liters
• Above 1,500 liters

By Material Type/ Content Type:

• Polyethylene (PE)
• Low-density Polyethylene (LDPE)
• Linear low-density polyethylene (LLDPE)
• Polypropylene (PP)
• Polyamide (PA)
• Ethylene Vinyl Alcohol (EVOH)
• Aluminum Foil
• Others (PET, PVC, etc.)
• Powder & Granules
• Liquid Segments

By Filling Technology:

• Aseptic
• Non-aseptic

By End User:

• Food and Beverages
• Chemicals
• Agricultural
• Pharmaceuticals
• Pain
• Inks and Dyes
• Petroleum Lubricant Industries

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• The Middle East and Africa

Frequently Asked Questions

How big is the IBC liner market?

The IBC liner market size is valued at USD 950.33 million in 2023.

What is the growth forecast for the IBC liner market?

The IBC liner market is projected to thrive at a 4.9% CAGR through 2033.

How big will be the IBC liner market by 2033?

The IBC liner market is predicted to surpass USD 1,463.07 million by 2033.

Who is the IBC liner market’s top end-user?

The IBC liner in the food and beverage industry commands a substantial CAGR of 5.4% through 2033.

Which country holds high lucrativeness in the IBC liner market?

India will rise at a high 8.8% CAGR in the IBC liner market.