The adoption of intermediate bulk containers (IBCs) in Western Europe is estimated to experience a modest CAGR of 5.30% through 2033. The sales of intermediate bulk containers in Western Europe are expected to reach a valuation of USD 12,233.80 million by 2033, up from USD 7,281.40 million in 2023.
Leading merchants of IBCs are integrating innovative technologies like RFID to address the issue of counterfeiting. Players are also coming up with distinct solutions to meet the sustainability goals of businesses operating in end use industries.
Furthermore, the continued demand for solutions that offer a hygienic environment, reduced chances of spillage, and extended shelf life is expected to propel the sales of IBCs over the upcoming years.
Attributes | Details |
---|---|
Industry size of Western Europe in 2023 | USD 7,281.40 million |
Expected Industry Size of Western Europe by 2033 | USD 12,233.80 million |
Forecast CAGR between 2023 to 2033 | 5.30% |
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Country | Germany |
---|---|
Forecast CAGR % (2023 to 2033) | 5.20% |
The prospects for intermediate bulk containers (IBC) in Germany are lucrative. As per the latest estimates, the adoption rate of IBCs in Germany is estimated to be 5.20% through 2033. Following factors are propelling the sales of the product in the country:
Country | United Kingdom |
---|---|
Forecast CAGR % (2023 to 2033) | 4.40% |
The United Kingdom is predicted to expand at a CAGR of 4.40% through 2033. Given below are the leading factors that are inducing product adoption:
Country | France |
---|---|
Forecast CAGR % (2023 to 2033) | 4.0% |
The demand scope of intermediate bulk containers (IBC) in France is projected to witness CAGR of 4.0% through 2033. Following factors are strengthening the sales of IBCs:
Country | Netherlands |
---|---|
Forecast CAGR % (2023 to 2033) | 3.20% |
In the Netherlands, the demand for intermediate bulk containers is expected to increase at a rate of 3.20% over the forecast period. Following factors are propelling the sales of IBCs:
Country | Italy |
---|---|
Forecast CAGR % (2023 to 2033) | 3.70% |
Key industry players are investing in Italy to expand their intermediate bulk container (IBC) business. The adoption rate of IBCs in Italy is estimated to be 3.70% through 2033. The following factors are driving growth in the industry:
Leading Product Type | RIBC |
---|---|
Industry Share % (2023) | 77.60% |
Rigid intermediate bulk containers (IBCs) are expected to account for a share of 77.60% in 2023. End users prefer RIBCs due to their durability, which makes them ideal for applications requiring rough handling, like manufacturing and chemical industries.
Additionally, since RIBCs can be stacked more firmly than FIBCs, businesses requiring storage and transportation of large quantities of goods opt for RIBCs for more efficiency.
Leading Content | Solid and Semi-solid |
---|---|
Industry Share % (2023) | 93.90% |
The solid and semi-solid segment is projected to acquire an industry share of 93.90% in 2023. Following factors are propelling the growth of this segment:
Key providers of intermediate bulk containers are focusing on strategic partnerships with other players. Leading merchants are enhancing their product manufacturing capabilities, diversifying their product portfolio, and extending their geographical footprint to enlarge their customer base.
These players are also offering customized IBC solutions to meet the diverse demands of multiple end use industries. Manufacturers are additionally prioritizing the production of IBCs made from recycled materials, and those designed for multiple cycles of recycling and reuse. Moreover, manufacturers can be seen persistently developing new technologies to enhance the efficiency of IBCs.
Key Developments in the Intermediate Bulk Container (IBC) Industry in Western Europe
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Attribute | Details |
---|---|
Estimated Industry Size in 2023 | USD 7,281.40 million |
Projected Industry Size by 2033 | USD 12,233.80 million |
Anticipated CAGR between 2023 to 2033 | 5.30% CAGR |
Historical Analysis of Demand for Intermediate Bulk Container (IBC) in Western Europe | 2018 to 2022 |
Demand Forecast for Intermediate Bulk Container (IBC) in Western Europe | 2023 to 2033 |
Report Coverage | Industry Size, Industry Trends, Analysis of Key Factors Influencing Intermediate Bulk Container (IBC) Adoption in Western Europe, Insights on Western Europe Players and their Industry Strategy in Western Europe, Ecosystem Analysis of Local and Regional Western Europe Providers |
Key Countries Analyzed | Germany, Italy, France, United Kingdom, Spain, The Netherlands, BENELUX, Rest of Western Europe |
Key Companies Profiled | Greif; Mauser Packaging Solutions; Schütz Container Systems; Schoeller Allibert; Hoover Container Solutions; Plastic Omnium; IPL; IBC Group; Normpac; RPC Group; DS Smith Plastics; Quadpack Group |
The anticipated CAGR for IBC industry in Western Europe through 2033 is 5.30%.
Demand for IBCs in Western Europe is expected to exceed USD 12,233.80 million by 2033.
Emphasis on sustainability and product invention form the core strategies.
RIBC is a commonly used solution by players operating in end use industries.
Solid and semi-solid segment takes a considerable share of the IBC industry.
1. Executive Summary 2. Market Overview 3. Market Background 4. Industry Analysis and Outlook 2018 to 2022 and Forecast, 2023 to 2033 5. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Product Type 5.1. RIBC 5.2. FIBC 6. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Material Type 6.1. Metal & Paperboard 6.2. Plastic 7. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Content 7.1. Liquid 7.2. Solid & Semi-solid 8. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Capacity 8.1. RIBC 8.2. FIBC 9. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By End Use 9.1. RIBC 9.1.1. Chemicals 9.1.2. Petroleum & Lubricants 9.1.3. Paints, Inks & Dyes 9.1.4. Food & Beverages 9.1.5. Cosmetics & Personal Care 9.1.6. Healthcare & Pharmaceuticals 9.1.7. Others 9.2. FIBC 9.2.1. Chemicals & Fertilizers 9.2.2. Food & Agriculture 9.2.3. Building & Construction 9.2.4. Healthcare & Pharmaceuticals 9.2.5. Mining 9.2.6. Others 10. Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Country 10.1. UK 10.2. Germany 10.3. Italy 10.4. France 10.5. Spain 10.6. Rest of Western Europe 11. UK Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region 12. Germany Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region 13. Italy Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region 14. France Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region 15. Spain Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033, By Region 16. Rest of Industry Analysis and Outlook 2018 to 2022 and Forecast 2023 to 2033 17. Market Structure Analysis 18. Competition Analysis 18.1. Schafer Werke Gmbh 18.2. DS Smith Plc 18.3. Mondi Plc 18.4. SCHÜTZ GmbH & Co. KGaA 18.5. HCS Group 18.6. Obal Centrum s.r.o 18.7. Pensteel Ltd 18.8. SYSPAL Ltd 18.9. SIA Flexitanks Limited 18.10. Intertape Polymer Group 18.11. Conitex Sonoco 18.12. Value (USD Million) & Volume (Units)ed Bags Inc. 18.13. Composite Containers LLC 18.14. Bulk Pack Inc. 18.15. JohnPac LLC 19. Assumptions & Acronyms Used 20. Research Methodology
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