Transparency Market Research has published a new report titled “Bulk Container Packaging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020.” According to the report, the global bulk container packaging market was valued at US$ 2.22 Bn in 2013 and is anticipated to reach US$ 4.21 Bn by 2020, expanding at a CAGR of 9.7% between 2014 and 2020.
Browse the full Bulk Container Packaging Market report at http://www.transparencymarketresearch.com/bulk-container-packaging-market.html
Increase in exports of oil and fat from Southeast Asia coupled with growth in wine trade across the globe is projected to drive the bulk container packaging market. Furthermore, high carrying capacity of flexitanks that enhances cost and operational efficiency is estimated to boost the market. However, volatility in prices of raw materials is projected to hamper the bulk container packaging market. Rise in commodity trade in BRICS countries is likely to provide opportunities for market players in the next few years.
FIBC emerged as the largest product segment of the global bulk container packaging market in 2013. Bulk container liners are expected to grow at a moderate rate and accounted for over 35% of the market share at the end of 2013. Flexitanks accounted for a smaller share of the global bulk container packaging market in 2013. However, flexitanks is estimated to be the fastest growing product segment during the forecast period due to higher performance level in terms of cost and operations.
In terms of revenue, chemicals application segment held the largest share in 2013 and is anticipated to expand at a CAGR of over 9% between 2014 and 2020. Bulk container packaging is widely used in the transportation of bulk chemicals. Food & beverages was the second-largest application segment of the global bulk container packaging market in 2013. Bulk container liners segment is projected to grow at a moderate rate during forecast period.
North America dominated the global bulk container packaging market, accounting for more than 30% share in 2013. This was due to .high demand for bulk container liners and FIBC for export of corn, oilseeds, grains and feeds in the U.S. and Canada. In terms of volume, the market in Europe is anticipated grow at a moderate rate due to high export of wines from the region. The market for bulk container packaging in Asia Pacific is projected to expand at the highest growth rate in the next few years, due to increasing exports of oils and bulk chemicals to North America and Europe.
Browse the full Bulk Container Packaging Market report at
http://www.transparencymarketresearch.com/pressrelease/bulk-container-packaging-market.htm
bulk-container-packaging-market
The global bulk container packaging market was moderately concentrated in 2013. Key industry participants include BLT Flexitank Industrial Co. Ltd., Braid Logistics, Büscherhoff Spezialverpackung GmbH & Co. KG, Environmental Packaging Technologies, Inc., SIA Flexitanks Ltd., Trans Ocean Bulk Logistics Ltd. and Trust Flexitanks.
The report segments the global bulk container packaging market as follows:
Bulk Container Packaging Market - Product Segment Analysis
Flexitanks
Flexible intermediate bulk containers (FIBC)
Bulk container liners
Bulk Container Packaging Market - Application Analysis
Food & beverages
Chemicals
Others (Including pharmaceuticals, etc.)
Bulk Container Packaging Market - Regional Analysis
North America
Europe
Asia Pacific
Rest of the World (RoW)
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