Global Rigid Bulk Packaging Market, By Material (Plastic, Metal, Wood, Other Materials), Product (Industrial Bulk Containers, Drums, Pails, Boxes, Other Products), End User Industry (Food, Beverage, Industrial, Pharmaceutical and Chemical, Other End User Industries), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast to 2028
Market Analysis and Insights : Global Rigid Bulk Packaging Market
Rigid bulk packaging market will expect to grow at a rate of 5.0% for the forecast period of 2021 to 2028. Rigid bulk packaging market report analyses the growth, which is currently being growing due to the industrialization and urbanization resulting in higher amount of demand from the various end-users.
Rigid bulk packaging can be defined as a transportable packaging system of high strength that is used mainly in the transportation of sensitive and perishable goods. Owing to its high strength and load handling, rigid bulk packaging is used for safety and preservation of the contents of the box. This method of packaging primarily uses raw materials of heavy strength, such as metals, trees, glass, high-strength plastics, and others.
The growing number of construction and manufacturing activity which in turn increases the production of chemicals and plastic materials, increasing preferences of the consumer towards the usages of higher value reusable containers, rising emergence of sustainable and recyclable packaging materials, rising production of oil and gas, rapid urbanization and industrialization in the developing regions requiring transportation of various heavy materials making use of rigid bulk packaging which will likely to augment the growth of the rigid bulk packaging market in the projected timeframe of 2021-2028. On the other hand, growing awareness among the consumers regarding the benefits of packaging along with increasing demand from the food and beverage packaging industry which will further contribute by generating massive opportunities that will lead to the growth of the rigid bulk packaging market in the above mentioned projected timeframe.
Volatility in the prices of raw material along with stringent government regulations which will likely to act as market restraints factor for the growth of the rigid bulk packaging in the above mentioned projected timeframe. Increasing environmental concern which will become the biggest and foremost challenge for the growth of the market.
This rigid bulk packaging market report provides details of new recent developments, trade regulations, import export analysis, production analysis, value chain optimization, market share, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographical expansions, technological innovations in the market. To gain more info on rigid bulk packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Global Rigid Bulk Packaging Market Scope and Market Size
Rigid bulk packaging market is segmented on the basis of material, product and end user industry. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of material, the rigid bulk packaging market is segmented into plastic, metal, wood, and other materials.
- Based on product, the rigid bulk packaging market is segmented into industrial bulk containers, drums, pails, boxes, and other products. Pails segment will hold the largest share in the growth of the market due to the rising usages of the material in the packaging of several products such as food, pet food, inks, paints and coatings, lubricants, detergents and other products.
- On the basis of end user industry, the rigid bulk packaging market is segmented into food, beverage, industrial, pharmaceutical and chemical, and other end user industries.
Rigid Bulk Packaging Market Country Level Analysis
Rigid bulk packaging market is analysed and market size, volume information is provided by country, material, product and end user industry as referenced above.
The countries covered in the rigid bulk packaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the rigid bulk packaging market due to the growing manufacturing and construction industries along with increasing demand for various chemical products in the region. North America region is expected to hold the largest growth rate due to the prevalence of market players along with strong manufacturing industries such as chemicals, pharmaceutical, food and beverages, and automotive in the region.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Rigid Bulk Packaging Market Share Analysis
Rigid bulk packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to rigid bulk packaging market.
The major players covered in the rigid bulk packaging market report are Mondi; Greif.; NEFAB GROUP; Schütz GmbH & Co. KGaA; Sonoco Products Company; Amcor plc; The Cary Company; Hoover Ferguson Group, Inc.; Taihua Group.; Cleveland Steel Container; WestRock Company.; BWAY Corporation; Packaging Corporation of America; Berry Global Inc.; by Snyder Industries; Chem-Tainer Industries; Brambles Ltd; Menasha Packaging Company, LLC.; Rehrig Pacific Company; REMCON Plastics Inc; among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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