“According to Stratistics MRC, the Global Rigid Bulk Packaging Market is accounted for $6.46 billion in 2015 and is expected to reach $8.95 billion by 2022 growing at a CAGR of 4.7% during the forecast period”. Increase in demand from chemicals and petroleum industries are propelling the market growth. Growing competition from flexible packaging and strict government regulations are hampering the market growth.
Pails segment is expected to capture the largest market share due to their performance and cost advantages in small volume applications. Rigid intermediate bulk containers (RIBCs) are anticipated to grow at the highest CAGR during the forecast period. North America commanded the market, followed by Asia Pacific. Asia Pacific is anticipated to contribute the most to the market due to growing movers and packers industry in India and China.
Some of the key players in Rigid Bulk Packaging market include Rock-Tenn Company, Greif Incorporated, Schoeller Allibert Limited, Akro-Mils, Myers Industries Incorporated, Sonoco Products Company, Letica Corporation, Buckhorn, Macro Plastics Incorporated, Bonar Plastics, CorrPak, Brambles, BWAY, Berry Plastics, Chem-Trainer, West-Rock and Hedwin.
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• Wood panels
• Rigid Bulk Containers
• Material Handling Containers
• Rigid Intermediate Containers (RIBCs)
• Bulk Boxes
End Users Covered:
• Paint & Coating
• Detergent & Cleaners
• Food & Beverages
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o Rest of Asia Pacific
• Rest of the World
o Middle East
o South Africa
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
For More, Please Visit:http://www.strategymrc.com/report/rigid-bulk-packaging-market-2016
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