The research report presents a comprehensive assessment of the Global Paper IBC Container Market Overview and contains thoughtful insights, facts, historical data and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application and industry
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The increasing freight transportation across the globe is one of the major factors that is driving the market of paper IBC containers. Paper IBC containers are made up of renewable resources, and are recyclable in nature, which drives the market, globally. Also, they do not incur cleaning expenses or disposal costs, which is one of the major advantages of using Paper IBC containers, thus driving the market. These containers reduce filling and discharging time, and require less storage space during the transportation of liquids in bulk quantities. Also, increasing commodity trade in emerging nations is expected to drive the paper IBC container market during the forecast period.
However, paper IBC containers cannot be placed in more than two stages during transportation, and not more than a height of three stages when kept in a warehouse.
Global Paper IBC Container Market: Segmentation
On the basis of product type, the global paper IBC containers market can be segmented as:
- 3-ply Paper IBC Containers
- 9-ply Paper IBC Containers
On the basis of shape, the global paper IBC containers market can be segmented as:
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On the basis of end use, the global paper IBC containers market can be segmented as:
- Food & Beverages Industry
- Pharmaceuticals Industry
- Personal Care & Cosmetics Industry
- Chemicals Industry
Global Paper IBC Container Market: Regional Outlook
Geographically, the global paper IBC containers market can be segmented based on regions such as North America, Latin America, Western Europe, Eastern Europe, MEA, APEJ, and Japan. APEJ accounts for a lion’s share in the global paper IBC container market, due to high exports in emerging economies such as China and India. China is the largest exporter in the world, exporting goods valued at US$ 2.6K billion. The U.S., Europe, and MEA are anticipated to witness moderate CAGRs over the forecast period, owing to the growing industrialization in these regions.
Global Paper IBC Container Market: Key Players
Some of the key players in the paper IBC container market are as follows:
- Karions Ltd.
- BARR Plastics Inc.
- DACO Corporation
- ILC Dover LP
- SpaceKraft Ltd.
- Dongguan Uni-Packing Heavy-Duty Packing Technology Co., Ltd.
- Shandong Anthente New Materials Technology Co., Ltd
- Tri-Wall Package Materials Co., Ltd.
- NYLEX (MALAYSIA) BERHAD
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Many local and unrecognized players are expected to contribute to the global paper IBC container market during forecast period.
Global Paper IBC Container Market: Key Developments
Many key players in the paper IBC container market are looking forward to expand their product portfolios or going through inorganic and organic expansion through acquisitions and mergers. For instance,
- DACO Corporation has introduced paper IBC containers with 275 gallon form fit tote liner, which dispense from the bottom. They are FDA approved and are also eco-friendly in nature.
The market analyzes the consumption patterns of each end use segment with the help of extensive primary and secondary research. Further, the impacts of all the end uses on the market growth has been examined in the report.
The report answers important questions which include:
Why is player leading the in region?
Which factors pose a negative impact on the growth?
What was the value registered in 2018?
What challenges do the players face during R&D stages?
Which countries contribute a significant share to the total revenue in region?
Key findings of the market report:
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