The global sales of rotomolded containers is projected to reach USD 4.5 billion in 2024. The market is anticipated to expand at a CAGR of 3.4% during the forecast period and is poised to reach a revenue of USD 6.3 billion in 2034. The market valuation of fresh food packaging market in 2023 was USD 4.3 billion and is expected to acquire a Y-o-Y growth of 3.4% in 2024.
Polyethylene-based rotomolded containers are expected to dominate the market and are expected to acquire more than 3/5th of the market in 2024. This is because the structural versatility of polyethylene helps the manufacturers of rotomolded containers to use them as their first choice.
Polyethylene can be easily transformed into various structures without losing its strength and integrity. Their durability, cost-effectiveness and recyclability impacts the improved adoption positively. Manufacturers today emphasize sustainability due to strict regulatory frameworks, and polyethylene rotomolded containers help them achieve their sustainability goals.
Global Rotomolded Containers Industry Forecast
| Attributes | Key Insights |
|---|---|
| Historical Size, 2023 | USD 4.3 billion |
| Estimated Size, 2024 | USD 4.5 billion |
| Projected Size, 2034 | USD 6.3 billion |
| Value-based CAGR (2024 to 2034) | 3.4% |
Rotomolded tanks are expected to dominate the market in terms of value change and are expected to acquire nearly 2/5th of the overall market. This is because their durability, material properties and cost efficacy make them a prominent choice for storage and transportation in diverse industries ranging from agriculture, chemicals, oil and gas, and food and beverage.
These tanks are highly customizable and are available in a range of sizes, shapes, and colors and with compartments inside. The rotomolded IBCs are expected to take the second position in terms of market share. However, rotomolded IBCs dominate the market in terms of growth.
This is because most of the end-user industries need larger containers for the storage of products in bulk. This is because the industrial expansion and growing population led to heightened adoption which in turn led to heightened production. Rotomolded IBCs, due to their bulk character, possible effective transportation further induce the heightened adoption in the future.
Considering end use, the food and beverage sectors are expected to consume a major section of rotomolded containers. The food and beverage industry acquire 1/3rd of the market in 2024. The logistics efficiency of these containers due to chemical resistance, damage resistance and adherence towards hygiene and cleanness drives the demand for rotomolded containers in food and beverage sectors.
Also, strict regulatory frameworks and a burgeoning population drive the need for customized and effective bulk containers. Rotomolded containers being an effective and adaptive choice further amplify the adoption. The material handling industry is expected to dominate the market in terms of the growth rate due to the need for bulk and strong solutions for material handling and storage.
The rotomolded containers market experiencing attractive growth during the forecast period. The market is expected to generate a growth opportunity of USD 1.9 billion by the end of 2034. The industry is projected to expand 1.4 times in the forecasted period.
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The table provided below presents the poised CAGR for Global rotomolded containers market over several semi-annual periods spanning from 2024 to 2034. In the first half (H1) of the year from 2023 to 2033, the business is predicted to surge at a CAGR of 3.1%, followed by a slightly higher growth rate of 3.9% in the second half (H2) of the same year.
| Particular | Value CAGR |
|---|---|
| H1 | 3.1% (2023 to 2033) |
| H2 | 3.9% (2023 to 2033) |
| H1 | 3.0% (2024 to 2034) |
| H2 | 4.1% (2024 to 2034) |
Moving in the subsequent period, from H1 2024 to H2 2034, the CAGR is projected to decrease slightly to 3.0% and expected to increase at 4.1% in the second half. In the first half (H1), the market witness a decline of 10 BPS while in the second half (H2) the market expected to witness an increase of 20 BPS
Superior Performance as Compared to Blow Molded Containers Drives the Market Adoption
Rotational molded containers tend to be far superior to their blow molded counterparts. Rotational molding has witnessed significant pace in terms of evolution in the past couple of decades. The key driver for the growth in preference for rotational molding is low cost.
Compared to blow molded containers, the production of rotomolded containers is more cost effective. Use of the blow molding process for manufacturing containers required high cost due to the requirement of different chemicals. Therefore, many manufacturers have made the switch from blow molding process as the preferred mode of production, to rotational molding.
Furthermore, rotational molding enables the production of several parts as a single piece. In contrast, blow molding produces rather weak structures in its molds. Due to high demand for sturdy and safe containers, rotational molding is employed as the preferred method, since it makes use of heat, instead of pressure, unlike blow molding process.
Therefore, the demand for rotomolded containers is anticipated to be driven mainly by growth in preference for rotational molding.
Demand for Production Methods Allowing Customization
Rotomolding is poised to witness growth in preference as the effective manufacturing process for containers, due to multiple reasons. As opposed to processes such as injection molding, in case of rotomolding, the material is not injected or forced to form a particular shape. This generates opportunities for the manufacture of containers in a diverse of styles, shapes and sizes.
Also, they allows a diverse range of sizes, with accurate and precise surface detail, together with the implementation of different colors at multiple stages of the process. This resulted to high aesthetics and the possibility to include the company’s logo on the surface of the container, without the risk of peeling off.
Consumer engagement as well as brand advertising are key factors to the success of a company, and therefore, the ability to be able to achieve that with rotomolded containers is anticipated to play a pivotal role in increasing preference for rotomolded containers, during the forecast period.
High Demand from the Food Industry to Fuel Growth of the Market
The sales of rotomolded containers are expected to acquire considerable growth due to the growing need for effective storage and transportation solutions from the food and beverage sector. The food and beverage industry needs durable and sturdy containers. The food and beverage industry is adopting these containers for diverse products such as creams, sauces, syrups, eggs and other related products.
The rotomolded containers have a good ability to prevent damage even in the harsh environment. This will ensure the manufacturers of food and beverage the safety of their products and help to increase the adoption.
Plastic materials like polyethylene and polyamides have good recyclable properties and chemical inertness. Using alternate metal-based containers has issues such as corrosion, weight and high cost of manufacture.
The plastic-based solution effective in this case has a positive impact on the market in the future and is expected to witness the same trend in the future. Manufacturers of rotomolded containers should increase the food and beverage adherence in their containers and adopt more effective solutions following regulatory frameworks.
High Competition from Advanced Technology Hamper the Market
Advanced technology such as 3-D printing has been witnessing rapid penetration for the purpose of manufacturing complex parts. Although 3-D printing was originally conceptualized to aid the product development process, it has found a wide array of applications, thereby posing a threat to the likes of rotational molding, injection molding, and blow molding processes.
3-D printing provides a quick turnaround time, with negligible to no tooling investment. The pace at which it has grown in the past few years, promises a tough competition to rotational molding.
Principal Consultant
The global market of rotomolded containers has recorded a CAGR of 2.0% during the historical period ie, 2019 to 2023. The market recorded a value of USD 4.0 billion in 2019 and has positively reached USD 4.3 billion in 2023.
Rotomolded containers are plastic containers with a hollow inside. These containers are manufactured by the rotational molding process which is commonly used for the production of bulk containers including tanks. Rotomolded containers are known for their superior quality and their efficiency in the transportation and storage of goods.
These containers have sturdy structures and are flexible to mold to diverse shapes and sizes during the manufacturing process. Recently, diverse industries have started to adopt these containers due surge in demand driven by increased production and consumption in the end-user industries.
Polyethylene-based rotomolded containers are expected to lead the market and are anticipated to grow at a CAGR of 3.9% during the forecast period. This is because the strength, recyclability and good flexibility and sturdiness of polyethylene make them a prominent choice in the manufacturers of rotomolded containers.
Also, polythene can be molded in diverse shapes and sizes during the manufacturing process further increasing the adoption. Considering product type, rotomolded IBCs are a prominent choice in the end-user industries. It is expected that the same is expected to grow at a CAGR of 4.8% during the forecast period.
IBCs due to their convenience to store and transport bulk products anticipated to be the main reason for the increased adoption. In the forecasted period, it is expected that major end users industry increase their production capacity due to the rise in population. Manufacturers of rotomolded containers should adopt industry-adhered rotomolded IBCs to acquire market growth.
Considering geography, North America is anticipated to lead the market in terms of value share. Western Europe is expected to be the second most factored region in the market. Considering the growth rate, Asia Pacific is anticipated to lead the market. Asia Pacific region is expected to be the most attractive region considering market expansion and industrial advancement.
Countries such as India, China and ASEAN are projected to witness heightened growth in the current market scenario and are expected to witness the same in the future.
North America due to the presence of a large industrial base and prominent leaders in the industry has led to heightened sales and exports in the region while in Western Europe, the economic stability of Germany and EU countries drives the expansion of multiple end-user industries which propels the adoption.
Manufacturers can focus on this region and increase the efficiency of the manufacturing process to acquire consistency in the market.
Tier 1 companies encompasses the market leaders with market revenue exceeding USD 80 million acquiring a cumulative market share of 15 to 20% of the global market. These market players are characterized by their high production capacity and strict focus on the development of innovative and efficient rotomolded containers.
Furthermore, these market leaders are known by their substantial competence in manufacturing across multiple rotomolded containers, wider distribution network across multiple regions and countries with a strong consumer presence.
These manufacturers continuously involved in the investment in development of novel rotomolded containers. Prominent companies within Tier 1 include Berry Global Inc, Pelican Products inc, Elkhart plastics, Synder industries, Dura-Cast Products inc. and others.
Tier 2 companies include mid-sized players with revenue of USD 30 to 80 million having a strong foothold in specific region and also have selected international presence. These manufacturers offer rotomolded containers for multiple end use but may not be used in specialized application. These players lack diversity in product portfolio.
Considering Tier 1 companies, Tier 2 companies will have lower global reach and lesser investment in the research and development for the development of novel products. Prominent players in Tier 2 includes Zero Manufacturing inc, Remcon Plastic Incorporated, Rotational Modling Inc, and others.
Tier 3 includes the small-scale companies or startups operating at the local presence and serving niche markets having revenue below USD 30 million. These manufacturers mainly focused on fulfilling local market demands and hence are characterized by Tier 3 companies.
They are small scale players and have limited geographical reach. Tier 3, is recognized as an unorganized market, denoting a sector characterized by a lack of extensive structure and formalization when compared to organized competitors.
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The contents below cover the industry analysis for the rotomolded containers market for multiple countries. Market demand analysis on key countries in multiple regions of the globe including North America, Latin America, East Asia, Western Europe and others are provided.
The United States is anticipated to be the leader in the North American rotomolded containers industry and expected to grow with a CAGR of 2.4% during the forecast period. In Europe, Germany anticipated to lead the market in terms of market share expected to grow with a CAGR of 1.8% during the forecast period.
| Countries | Value CAGR (2024 to 2034) |
|---|---|
| USA | 2.4% |
| Germany | 1.8% |
| China | 5.1% |
| UK | 2.1% |
| India | 5.6% |
| Japan | 2.6% |
| GCC Countries | 4.4% |
| Brazil | 3.0% |
The rotomolded containers market in India expected to generate USD 151.6 million growth opportunity during the forecast period. The country is expected to capture 40% of the South Asian market in 2024.
Indian Ministry of Food Processing Industries stated that the food processing industry in India is expected to grow at a CAGR of 7.3% during the forecast period. It is expected that the market will experience considerable growth in the forecasted period due to several factors. Growing middle-class income in the country propels the heightened consumption of food and beverage items.
This will increase the high production need in the industry which propels the adoption of rotomolded containers as they offer efficacy in the storage of bulk products. Manufacturers can adopt effective rotomolded containers adhering to the requirements of the regulatory framework of the industry. By adopting novel technology standards, manufacturers can specifically focus on innovation and advancement in the industrial standards.
The China market for rotomolded containers expected to generate an incremental opportunity of USD 250.2 by the end of 2034 of the East Asia market. It is one of the attractive market for rotomolded containers.
The European Chemical Industry Council stated that the sales of chemicals in China have reached 2.4 trillion in 2022. The Country is expected to be the leading country considering adoption and growth. The chemical industry needs effective storage and transportation solutions. Certain chemicals are vulnerable to various environmental hazards such as air, moisture and other factors.
An effective storage solution that prevents these hazards from contact with the products. Also, the storage should be chemically inert with the environment. Rotomolded containers due to their superior quality and stability have led to improved strength and quality. Manufacturers of rotomolded containers should adopt more effective solutions to adhere to the industrial standards.
USA market for rotomolded containers expected to generate an incremental opportunity of USD 636.7 million at the end of the forecast period and expected to grow at a CAGR of 2.4%. USA’s heightened advancement in the shipping and logistics industry expected to propels the adoption of novel rotomolded containers in the country.
International Trade Administration, U.S. Department of Commerce, stated that the USA is leading in the shipping and logistics industry across the world. The country has generated more than 8% of its GDP from this sector. The trend is because the country’s leading economic and political advancement drives improved trade and logistics.
This has resulted in the advancement in the transportation and logistics across the country. The trend has resulted in the need for effective transportation and storage of goods. Rotomolded containers due to their effectiveness in the transportation and storage of goods have resulted the heightened adoption and are expected witnessed in the country in the future as well.
The section contains information about the leading segment in the rotomolded containers market. Polyethylene based rotomolded containers expected to grow 3.9% during the forecast period. Rotomolded IBCs expected to grow at a rate of 4.8%.
| Material Type | Polyethylene (PE) |
|---|---|
| Value Share (2034) | 65.9% |
Polyethylene based rotomolded containers expected to dominate the market of rotomolded containers. The same expected to grow with a CAGR of 3.9% during the forecasted period and expected to generate an incremental opportunity of USD 1.6 billion by the end on the 2034.
Polyethylene-based rotomolded containers are expected to dominate the market driven by their cost efficacy, versatility and strength. Polyethylene-based containers are highly recyclable and hence ensure adherence with the growing regulatory framework. Leading end-user industries such as food, beverage and chemical industries need chemically resistant and safer solutions to storage and transport bulk products.
Polyethylene-based solutions are prominent solutions for these requirements and hence increase the widespread adoption. Manufacturers can offer advancement in material innovation and offer sustainable and customizable solutions to increase adoption.
Polyamide based rotomolded containers experiencing attractive growth driven by its superior stability, sturdiness and efficiency in the packaging of bulk products such as chemical and complex industrial goods. The targeted segment is anticipated to grow with a CAGR of 4.6% during the forecast period.
| Product Type | IBCs |
|---|---|
| Value CAGR (2034) | 4.8% |
Rotomolded IBCs are expected to experience attractive growth during the forecasted period and are expected to be the leading segment in the product type category. This is because the rise in economic advancement and increased disposable income on the consumer side has led to the increased consumption of products.
This trend has made the manufacturers in the end-user industry increase overall production which impacted the need for effective bulk containers positively. IBCs are a prominent choice for the storage and transportation of goods that need efficacy in the overall process. Manufacturers can adopt these products during the forecast period to improve the market growth.
Trays made by rotational molding are expected to offer considerable growth during the forecasted period. This is because the food and beverage industry across the globe experiencing attractive growth during the forecasted period driven by heightened consumption due to increased population.
This trend has led to safer and effective storage mechanisms for perishable food items and rotomolded trays are becoming one of the prominent choices in the industry.
Key players of the rotomolded containers market are manufacturing and launching novel products in the market. They are collaborating with multiple end user firms to expand their geographical reach.
Key Developments in Rotomolded Containers Industry
In terms of material type, the industry is divided into polyethylene (PE), polypropylene (PP), polyvinyl chloride (PVC), polyamide (PA) and others.
In terms of product type, the industry is divided into cases, tanks, IBCs, trays and others.
In terms of end use industry, the industry is divided into consumer electronics, material handling, chemicals and fertilizers, food and beverages processing, petroleum and lubricants and others.
In terms of region, the industry is divided into North America, Latin America, Western Europe, Eastern Europe, East Asia, South Asia and Pacific and MEA.
The rotomolded container industry is projected to witness CAGR of 3.4% between 2024 and 2034.
The global rotomolded container industry stood at USD 4.3 billion in 2023.
Global tray seal machines industry is anticipated to reach USD 6.3 billion by 2034 end.
South Asia is set to record a CAGR of 4.5% in assessment period.
The key players operating in the rotomolded container industry are Berry Global Inc, Pelican Products inc, Elkhart plastics, Synder industries, Dura-Cast Products inc. and others.
1. Executive Summary
2. Industry Introduction
2.1. Market Taxonomy
2.2. Market Definition
3. Market Trends and Success Factors
4. Market Background
4.1. Macro-economic and Industry Outlook
4.2. Market Dynamics
4.3. Value Chain Analysis
4.4. List of Key Market Participants (Manufacturers/Channel Partners)
4.5. Analysis of Key Industry Matrices
4.6. Industry Development Roadmap
5. Global Market Demand Analysis 2019 to 2023 and Forecast 2024 to 2034
5.1. Historical Market Volume Analysis
5.2. Future Market Volume Projections
6. Pricing Analysis
7. Global Market Value (USD) Analysis 2019 to 2023 and Forecast 2024 to 2034
7.1. Historical Sales Analysis
7.2. Future Market Size and Growth Projections
8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, Material Type
8.1. Polyethylene (PE)
8.2. Polypropylene (PP)
8.3. Polyvinyl Chloride (PVC)
8.4. Polyamide (PA)
8.5. Others
9. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Product Type
9.1. Cases
9.2. Tanks
9.3. IBCs
9.4. Trays
9.5. Others
10. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by End Use Industry
10.1. Consumer Electronics
10.2. Material Handling
10.3. Chemicals & Fertilizers
10.4. Food & Beverages Processing
10.5. Petroleum & Lubricants
10.6. Others
11. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, by Region
11.1. North America
11.2. Latin America
11.3. East Asia
11.4. South Asia & Pacific
11.5. Western Europe
11.6. Eastern Europe
11.7. Middle East and Africa (MEA)
12. North America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Market Segments
13. Latin America Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Market Segments
14. East Asia Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Market Segments
15. South Asia & Pacific Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Market Segments
16. Western Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Market Segments
17. Eastern Europe Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Market Segments
18. Middle East and Africa Sales Analysis 2019 to 2023 and Forecast 2024 to 2034, by Key Market Segments
19. Sales Analysis 2024 & 2034 by Key Market Segments for Key Countries
20. Competition Outlook including Market Structure Analysis, Company Share Analysis by Key Players, and Competition Dashboard
21. Company Profile
21.1. REMCON Plastics Inc.,
21.2. Berry Global Inc
21.3. Zero Manufacturing
21.4. Dura-Cast Products, Inc.
21.5. Granger Plastics
21.6. Elkhart Plastics, Inc.
21.7. Ameripack
21.8. Francis Ward
21.9. Snyder Industries
21.10. R & R Technologies LLC
21.11. Rotational Molding, Inc.
21.12. Stern Companies
21.13. Advanced Packaging, Inc
21.14. Xiamen Mellow Rotomolding Co., Ltd.
21.15. Gemstar Manufacturing
21.16. Pelican Products, Inc
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Rotomolded Containers Market
