Intermediate Bulk Container Liner Industry Overview
The global intermediate bulk container liner market size was estimated at USD 948.8 million in 2022 and is expected to grow at a compound annual growth rate (CAGR) of 5.4% during the forecast period 2023-2030.
This market growth is attributed to the growing international trade agreements in regions such as Asia Pacific, Central South America, and others. For instance, tomato pastes and purees are majorly exported from Chile, Brazil, and others to major trade partners such as the U.S. and Canada. Intermediate bulk container (IBC) liner is a flexible bag comprising of several layers of plastic films and is fitted with a variety of discharge and fill fitments to transport bulk quantities of products.
Gather more insights about the market drivers, restrains and growth of the Intermediate Bulk Container Liner Market
The U.S. Intermediate Bulk Container (IBC) liner market is driven by the increased international exports of food beverage products such as vegetable oils and milk to major export partners such as China, Canada, and others. Based on the data provided by Office of the United States Trade Representative, the country is considered as the second largest trading economy after China with over USD 7.0 trillion in exports and imports of goods. U.S. has trade relations with over 200 countries and regional associations spread across the globe. This thriving trade relations is expected to drive the demand for bulk transportation packaging for exporting and importing of goods which can drive the demand for IBC liners.
In addition, the dairy sector in the country is witnessing significant growth owing to several government funding to increase international exports of dairy products. For instance, on June 8, 2023, the U.S. Department of Agriculture (USDA) announced its plans to invest USD 23.0 million to support the expansion and development of the U.S. dairy industry. These investments and developments in U.S. dairy sector further drive the demand for IBC liners in exporting these products internationally.
Browse through Grand View Research's Plastics, Polymers Resins Industry Research Reports.
- The global epoxy curing agents market size was estimated at USD 3,542.52 million in 2023 and is projected to grow at a CAGR of 6.8% from 2024 to 2030.
- The global polyethylene terephthalate films market size was estimated at USD 35.97 billion in 2023 and expected to expand at a CAGR of 5.2% from 2024 to 2030.
Intermediate Bulk Container Liner Market Segmentation
Grand View Research has segmented the global intermediate bulk container (IBC) liner market on the basis of capacity, application, and region:
Intermediate Bulk Container Liner Capacity Outlook (Revenue, USD Million, 2018 - 2030)
- Upto 1000 liters
- Above 1000 liters
Intermediate Bulk Container Liner Application Outlook (Revenue, USD Million, 2018 - 2030)
- Food Beverage
- Alcoholic Beverages
- Non-Alcoholic Beverages
- Others
- Industrial Liquids
- Household Products
Intermediate Bulk Container Liner Regional Outlook (Revenue, USD Million, 2018 - 2030)
- North America
- U.S.
- Canada
- Europe
- Germany
- France
- UK
- Italy
- Spain
- Asia Pacific
- China
- India
- Japan
- Australia
- Malaysia
- Thailand
- Central South America
- Brazil
- Mexico
- Argentina
- Chile
- Colombia
- Middle East Africa
- GCC Countries
Key Companies Market Share Insights
Key Companies resort to multiple mergers and acquisitions in a bid to gain market share in a particular region. In some cases, the companies build technological collaborations to produce an advanced product with superior performance characteristics to increase revenue. For instance, on February 1, 2023, Sealed Air, a packaging solutions manufacturer completed the acquisition of Liquibox, a provider of bulk liquid packaging solutions. With this acquisition, Sealed Air is anticipated to expand its liquid packaging portfolio under the brand named CRYOVAC. Some of the prominent players in the global intermediate bulk container liner market include:
- Amcor plc
- Sealed Air
- CHEP
- Arena Products, Inc.
- Scholle IPN
- Liquibox
- ILC Dover LP
- Greif
- Smurfit Kappa
- Steripac Asia
- CDF Corporation
- Mulitpac Systems
- SBH Solutions
- Qbig Packaging B.V.
- Peak Liquid Packaging
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