In the dynamic landscape of Korea's industrial sector, the demand for intermediate bulk containers is on a steady ascent. In 2023, it is projected to reach a noteworthy figure of US$ 316.4 million, marking a substantial increase from the previous year's valuation of US$ 299.3 million. This upward trajectory is set to continue its ascent in Korea over the forecast period with a promising CAGR of 5.80%, surpassing US$ 553.5 million by 2033.
| Attributes | Details |
|---|---|
| Industry size for Korea in 2023 | US$ 316.4 million |
| Expected Industry Size for Korea by 2033 | US$ 553.5 million |
| Forecasted CAGR between 2023 to 2033 | 5.80% |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
Principal Consultant
Rigid intermediate bulk container (RIBC) is the prevalent product type in Korea. In 2023, RIBC is expected to account for 75.80% of the industry share by product type.
| Demand for Intermediate Bulk Container in Korea Based on Product Type | RIBC |
|---|---|
| Industry Share in 2023 | 75.80% |
RIBC provides durability to packaging. Made from materials like plastic and metal, RIBC is optimal for long-distance transport, as the toughness of the material prevents spillage and wastage of the products inside. Thus, RIBC is the dominant product type in Korea.
Intermediate bulk containers prominently feature solid and semi-solid material as content. In 2023, solid and semi-solid content is expected to contribute a whopping 90.40% of the industry share.
| Demand for Intermediate Bulk Container in Korea Based on Content | Solid and Semi-solid |
|---|---|
| Industry Share in 2023 | 90.40% |
With the rise of various industries like healthcare, food & beverage, and agriculture in Korea, there is a pronounced demand for containers to handle solid and semi-solid materials. Intermediate bulk containers have proven to be up to the task of handling, storing, and transporting solid and semi-solid material in Korea.
Owing to the large volumes of imports and exports, there is a plethora of players in Korea, both local and international. Korean exports have become popular due to their competitive pricing, leading local players to strive for products that meet international standards. Conversely, international brands are also looking to make headway in Korea. The intermediate bulk container industry in Korea is thus poised for the entry of various international brands
Recent Developments Observed in Intermediate Bulk Container in Korea
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
| Attribute | Details |
|---|---|
| Estimated Industry Size in 2023 | US$ 316.4 million |
| Projected Industry Size by 2033 | US$ 553.5 million |
| Anticipated CAGR between 2023 to 2033 | 5.80% CAGR |
| Historical Analysis of Demand for Intermediate Bulk Container in Korea | 2018 to 2022 |
| Demand Forecast for Intermediate Bulk Container in Korea | 2023 to 2033 |
| Report Coverage | Industry Size, Industry Trends, Key Insights for Intermediate Bulk Container in Korea, Insights on Global Players and Leading Industry Strategy in Korea, Ecosystem Analysis of Local and Regional Korea Providers |
| Key Companies Profiled |
|
| Key Cities Profiled |
|
The industry size of intermediate bulk container in Korea is valued at US$ 316.4 million in 2023.
The intermediate bulk container industry is forecasted to develop at a CAGR of 5.80% in Korea through 2033.
The industry size for intermediate bulk container is forecasted to reach US$ 553.5 million in Korea by 2033.
Rigid intermediate bulk container (RIBC) is the preferred product type in Korea.
In Korea, intermediate bulk containers are primarily used for handling solid and semi-solid content.
1. Executive Summary
1.1. 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. Industry Analysis and Outlook 2018 to 2022 and Forecast, 2023 to 2033
4.1. Historical Market Size Value (US$ Million) & Volume (Units) Analysis, 2018 to 2022
4.2. Current and Future Market Size Value (US$ Million) & Volume (Units) Projections, 2023 to 2033
4.2.1. Y-o-Y Growth Trend Analysis
4.2.2. Absolute $ Opportunity Analysis
5. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Product Type
5.1. Introduction / Key Findings
5.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Product Type, 2018 to 2022
5.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Product Type, 2023 to 2033
5.3.1. RIBC
5.3.1.1. Metal
5.3.1.2. Paperboard
5.3.1.3. Plastic
5.3.1.4. Composite
5.3.2. FIBC
5.3.2.1. Flexitanks
5.3.2.2. Bags
5.4. Y-o-Y Growth Trend Analysis By Product Type, 2018 to 2022
5.5. Absolute $ Opportunity Analysis By Product Type, 2023 to 2033
6. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Material Type
6.1. Introduction / Key Findings
6.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Material Type, 2018 to 2022
6.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Material Type, 2023 to 2033
6.3.1. Metal & Paperboard
6.3.2. Plastic
6.3.2.1. PE
6.3.2.2. PP
6.3.2.3. PVC
6.4. Y-o-Y Growth Trend Analysis By Material Type, 2018 to 2022
6.5. Absolute $ Opportunity Analysis By Material Type, 2023 to 2033
7. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Content
7.1. Introduction / Key Findings
7.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Content, 2018 to 2022
7.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Content, 2023 to 2033
7.3.1. Liquid
7.3.2. Solid & Semi-solid
7.4. Y-o-Y Growth Trend Analysis By Content, 2018 to 2022
7.5. Absolute $ Opportunity Analysis By Content, 2023 to 2033
8. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Capacity
8.1. Introduction / Key Findings
8.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Capacity, 2018 to 2022
8.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Capacity, 2023 to 2033
8.3.1. RIBC
8.3.1.1. Up to 1,000 Ltr.
8.3.1.2. 1,001 - 1,500 Ltr.
8.3.1.3. Above 1,500 Ltr.
8.3.2. FIBC
8.3.2.1. Up to 500 Kg
8.3.2.2. 501 to 1,000 Kg
8.3.2.3. 1,001 to 1,500 Kg
8.3.2.4. Above 1,500 Kg
8.4. Y-o-Y Growth Trend Analysis By Capacity, 2018 to 2022
8.5. Absolute $ Opportunity Analysis By Capacity, 2023 to 2033
9. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By End Use
9.1. Introduction / Key Findings
9.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By End Use, 2018 to 2022
9.3. Current and Future Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By End Use, 2023 to 2033
9.3.1. RIBC
9.3.1.1. Chemicals
9.3.1.2. Petroleum & Lubricants
9.3.1.3. Paints, Inks & Dyes
9.3.1.4. Food & Beverages
9.3.1.5. Cosmetics & Personal Care
9.3.1.6. Healthcare & Pharmaceuticals
9.3.1.7. Others
9.3.2. FIBC
9.3.2.1. Chemicals & Fertilizers
9.3.2.2. Food & Agriculture
9.3.2.3. Building & Construction
9.3.2.4. Healthcare & Pharmaceuticals
9.3.2.5. Mining
9.3.2.6. Others
9.4. Y-o-Y Growth Trend Analysis By End Use, 2018 to 2022
9.5. Absolute $ Opportunity Analysis By End Use, 2023 to 2033
10. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region
10.1. Introduction
10.2. Historical Market Size Value (US$ Million) & Volume (Units) Analysis By Region, 2018 to 2022
10.3. Current Market Size Value (US$ Million) & Volume (Units) Analysis and Forecast By Region, 2023 to 2033
10.3.1. South Gyeongsang
10.3.2. North Jeolla
10.3.3. South Jeolla
10.3.4. Jeju
10.3.5. Rest of Korea
10.4. Market Attractiveness Analysis By Region
11. South Gyeongsang Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
11.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
11.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
11.2.1. By Product Type
11.2.2. By Material Type
11.2.3. By Content
11.2.4. By Capacity
11.2.5. By End Use
11.3. Market Attractiveness Analysis
11.3.1. By Product Type
11.3.2. By Material Type
11.3.3. By Content
11.3.4. By Capacity
11.3.5. By End Use
11.4. Key Takeaways
12. North Jeolla Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
12.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
12.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
12.2.1. By Product Type
12.2.2. By Material Type
12.2.3. By Content
12.2.4. By Capacity
12.2.5. By End Use
12.3. Market Attractiveness Analysis
12.3.1. By Product Type
12.3.2. By Material Type
12.3.3. By Content
12.3.4. By Capacity
12.3.5. By End Use
12.4. Key Takeaways
13. South Jeolla Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
13.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
13.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
13.2.1. By Product Type
13.2.2. By Material Type
13.2.3. By Content
13.2.4. By Capacity
13.2.5. By End Use
13.3. Market Attractiveness Analysis
13.3.1. By Product Type
13.3.2. By Material Type
13.3.3. By Content
13.3.4. By Capacity
13.3.5. By End Use
13.4. Key Takeaways
14. Jeju Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
14.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
14.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
14.2.1. By Product Type
14.2.2. By Material Type
14.2.3. By Content
14.2.4. By Capacity
14.2.5. By End Use
14.3. Market Attractiveness Analysis
14.3.1. By Product Type
14.3.2. By Material Type
14.3.3. By Content
14.3.4. By Capacity
14.3.5. By End Use
14.4. Key Takeaways
15. Rest of Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033
15.1. Historical Market Size Value (US$ Million) & Volume (Units) Trend Analysis By Market Taxonomy, 2018 to 2022
15.2. Market Size Value (US$ Million) & Volume (Units) Forecast By Market Taxonomy, 2023 to 2033
15.2.1. By Product Type
15.2.2. By Material Type
15.2.3. By Content
15.2.4. By Capacity
15.2.5. By End Use
15.3. Market Attractiveness Analysis
15.3.1. By Product Type
15.3.2. By Material Type
15.3.3. By Content
15.3.4. By Capacity
15.3.5. By End Use
15.4. Key Takeaways
16. Market Structure Analysis
16.1. Competition Dashboard
16.2. Competition Benchmarking
16.3. Market Share Analysis of Top Players
16.3.1. By Regional
16.3.2. By Product Type
16.3.3. By Material Type
16.3.4. By Content
16.3.5. By Capacity
16.3.6. By End Use
17. Competition Analysis
17.1. Competition Deep Dive
17.1.1. Korea Flecon Co., Ltd
17.1.1.1. Overview
17.1.1.2. Product Portfolio
17.1.1.3. Profitability by Market Segments
17.1.1.4. Sales Footprint
17.1.1.5. Strategy Overview
17.1.1.5.1. Marketing Strategy
17.1.1.5.2. Product Strategy
17.1.1.5.3. Channel Strategy
17.1.2. jeil industry co. ltd
17.1.2.1. Overview
17.1.2.2. Product Portfolio
17.1.2.3. Profitability by Market Segments
17.1.2.4. Sales Footprint
17.1.2.5. Strategy Overview
17.1.2.5.1. Marketing Strategy
17.1.2.5.2. Product Strategy
17.1.2.5.3. Channel Strategy
17.1.3. Mauser Packaging Solutions
17.1.3.1. Overview
17.1.3.2. Product Portfolio
17.1.3.3. Profitability by Market Segments
17.1.3.4. Sales Footprint
17.1.3.5. Strategy Overview
17.1.3.5.1. Marketing Strategy
17.1.3.5.2. Product Strategy
17.1.3.5.3. Channel Strategy
17.1.4. Berry Global, Inc
17.1.4.1. Overview
17.1.4.2. Product Portfolio
17.1.4.3. Profitability by Market Segments
17.1.4.4. Sales Footprint
17.1.4.5. Strategy Overview
17.1.4.5.1. Marketing Strategy
17.1.4.5.2. Product Strategy
17.1.4.5.3. Channel Strategy
17.1.5. Hoover Ferguson Group
17.1.5.1. Overview
17.1.5.2. Product Portfolio
17.1.5.3. Profitability by Market Segments
17.1.5.4. Sales Footprint
17.1.5.5. Strategy Overview
17.1.5.5.1. Marketing Strategy
17.1.5.5.2. Product Strategy
17.1.5.5.3. Channel Strategy
17.1.6. Snyder Industries, Inc
17.1.6.1. Overview
17.1.6.2. Product Portfolio
17.1.6.3. Profitability by Market Segments
17.1.6.4. Sales Footprint
17.1.6.5. Strategy Overview
17.1.6.5.1. Marketing Strategy
17.1.6.5.2. Product Strategy
17.1.6.5.3. Channel Strategy
17.1.7. Bulk Lift International, Inc
17.1.7.1. Overview
17.1.7.2. Product Portfolio
17.1.7.3. Profitability by Market Segments
17.1.7.4. Sales Footprint
17.1.7.5. Strategy Overview
17.1.7.5.1. Marketing Strategy
17.1.7.5.2. Product Strategy
17.1.7.5.3. Channel Strategy
17.1.8. HCS Group
17.1.8.1. Overview
17.1.8.2. Product Portfolio
17.1.8.3. Profitability by Market Segments
17.1.8.4. Sales Footprint
17.1.8.5. Strategy Overview
17.1.8.5.1. Marketing Strategy
17.1.8.5.2. Product Strategy
17.1.8.5.3. Channel Strategy
17.1.9. Transtainer
17.1.9.1. Overview
17.1.9.2. Product Portfolio
17.1.9.3. Profitability by Market Segments
17.1.9.4. Sales Footprint
17.1.9.5. Strategy Overview
17.1.9.5.1. Marketing Strategy
17.1.9.5.2. Product Strategy
17.1.9.5.3. Channel Strategy
17.1.10. Obal Centrum s.r.o
17.1.10.1. Overview
17.1.10.2. Product Portfolio
17.1.10.3. Profitability by Market Segments
17.1.10.4. Sales Footprint
17.1.10.5. Strategy Overview
17.1.10.5.1. Marketing Strategy
17.1.10.5.2. Product Strategy
17.1.10.5.3. Channel Strategy
17.1.11. Pensteel Ltd
17.1.11.1. Overview
17.1.11.2. Product Portfolio
17.1.11.3. Profitability by Market Segments
17.1.11.4. Sales Footprint
17.1.11.5. Strategy Overview
17.1.11.5.1. Marketing Strategy
17.1.11.5.2. Product Strategy
17.1.11.5.3. Channel Strategy
17.1.12. SYSPAL Ltd
17.1.12.1. Overview
17.1.12.2. Product Portfolio
17.1.12.3. Profitability by Market Segments
17.1.12.4. Sales Footprint
17.1.12.5. Strategy Overview
17.1.12.5.1. Marketing Strategy
17.1.12.5.2. Product Strategy
17.1.12.5.3. Channel Strategy
18. Assumptions & Acronyms Used
19. Research Methodology
Explore Packaging Insights
View Reports
Intermediate Bulk Container Industry Analysis in Korea
