Global RIGID BULK PACKAGING MARKET Growth 2021-2027 was just released by Trends Market Research. The report offers an in-depth examination of the main elements that can assist well-known firms in the sector in developing effective future action plans. Market revenue and market size are the two primary parameters analysed in this study. In the projected period 2021-2027, the market research offers key information such as market share, market size, and growth rate. The research offers insights into market developments, trends, and supply and demand changes in a variety of global regions.
The research offers insights into market developments, trends, and supply and demand changes in a variety of global regions like:
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North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The study examines the worldwide RIGID BULK PACKAGING MARKET -supported product type, application, and end-use across a variety of nations.
Based on Material, plastic material is widely used for rigid bulk packaging in the market. High-density polyethylene and polypropylene are two common polymers used in the manufacture of rigid bulk packaging goods. High-density polyethylene is a kind of polyethylene that has numerous advantageous features such as a strong moisture barrier, high tensile strength, and great resistance to most solvents, among others, making it perfect for the manufacture of different rigid bulk packaging items. Based on Product, the intermediate bulk container segment is expected to witness the highest growth in the market. IBCs are primarily used for material storage and handling in the oil and gas, chemical, and petrochemical industries. Furthermore, IBCs provide product safety and cost-effective packaging options, as well as contribute to lower total packaging costs due to features like numerous usages, high storage capacity, and compatibility with various industrial products. According to UK trade data, total goods exports in April 2019 totaled EUR 29.9 billion. This was a reduction of EUR 3.8 billion (11%) compared to the previous month, but an increase of EUR 1.8 billion (6.5%) compared to April 2018. Furthermore, growing demand for reusability and ecological packaging has prompted the use of returnable bulk containers, notably for exports.
The report displays the stated data in the form of pie diagrams, line graphs, and different updates that isolate the real data. The study examines the market in depth, covering dynamic growth determinants, limitations, challenges, and possibilities.
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It also includes a study of important market participants and their most current market strategies in order to assist new market entrants, stakeholders, and shareholders in developing lucrative company plans.
Major players in the market include:
Amcor PLC • Mondi PLC • Greif, Inc. • Nefab Packaging AB • SCHUTZ GmbH & Co. KGaA • Sonoco Products Company • The Cary Company • Taihua Group • Hoover Container Solutions • Cleveland Steel Container • Bulk-Pack, Inc. • BWAY Corporation • Core Plastech International, Inc. • Berry Global, Inc. • Snyder Industries • Other Key Players
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The research examines the various tactics used by market participants to retain their position in the worldwide RIGID BULK PACKAGING MARKET.