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(USGovernment-News.Com, February 03, 2017 ) According to Publisher, the Global Bulk Container Packaging market is accounted for $3.07 billion in 2015 and is expected to reach $6.19 billion by 2022 growing at a CAGR of 10.5% from 2015 to 2022. Increasing international trade and high operational & cost efficiency offered by Flexitanks will drive the market growth. However, the instability in the raw materials prices and fluctuation of crude oil prices will hinder the market growth. Commodity exports in BRICS are likely to generate opportunity for the market to grow.
Food and beverages segment is expected to witness a significant growth during forecast period. Flexible intermediate bulk containers (FIBC) commanded the largest segment followed by Flexitanks. Asia Pacific will grow at the highest CAGR during the period. North America is accounted for the largest market share followed by Europe.
Some of the key players in global Bulk Container Packaging market are B.A.G Corp, Jumbo Bag Corporation, Boxon Group, Bulk Handling Australia (BHA), AmeriGlobe LLC, Codefine, Big Bags International Private Limited., Flexituff International, Filling & Packing Materials Manufacturing Co.(FIPCO), Jumbo Bag Corporation, Syn-Tex Bag, Intertape Polymer Group,Greif Incorporated, Sonoco Products Company, Berenfield Containers Incorporated, Koch Industries Incorporated, C.L. Smith Co, Container Handling Systems Corporation, Meyer Industries, Plascon Bulk Packaging, Milliken Chemical, PACT- Packaging and Crating Technologies, All con World Systems, National Bulk Equipment, Inc, New Century Packaging, Trans Ocean Bulk Logistics, Weidenhammer Packungen GmbH & Co KG, United Bags,Inc., Braid Logistics and Büscherhoff Spezialverpackung GmbH & Co. KG.
Applications Covered: - Building and construction - Chemicals - Agricultural and Horticultural Products - Food & beverages - Petroleum and Lubricants - Pharmaceuticals - Durable Goods - Other Application Products Covered: - Bulk container liners - Flexitanks - Flexible intermediate bulk containers (FIBC) - Rigid Intermediate Bulk Containers (RIBC) o Metal Body RIBCs o Plastic Body RIBCs - Material Handling Containers o Steel Material Handling Containers o Plastic Material Handling Containers - Pails o Plastic Pails o Steel Pails - Drums o Fibre Drums o Plastic Drums o Steel Drums
Regions Covered: - North America o US o Canada o Mexico - Europe o Germany o France o Italy o UK o Spain o Rest of Europe - Asia Pacific o Japan o China o India o Australia o New Zealand o Rest of Asia Pacific - Rest of the World o Middle East o Brazil o Argentina o South Africa o Egypt
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