Global bulk container packaging market 2014-2020 | Page 2
Bulk Container Packaging Market
REPORT DESCRIPTION
Bulk Container Packaging (Flexitanks, Flexible Intermediate Bulk Containers
and Bulk Container Liners) Market for Food & Beverages, Chemicals and
Other Applications - Global Industry Analysis, Size, Share, Growth, Trends
and Forecast 2014 - 2020
Transparency Market Research (TMR) has released a new research report, titled “Bulk Container
Packaging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 2020”. TMR states that the global bulk container packaging market stood at US$2.22 billion in 2013
and will reach US$4.21 billion by 2020, increasing at a CAGR of 9.7% from 2014 to 2020.Increasing
oil exports from Southeast Asia, combined with the flourishing global wine trade, are projected to fuel
the bulk container packaging market. Moreover, the capacity of flexitanks to carry large volumes of
commodities enhances cost and operational efficiency, which will boost the market.Bulk container
packaging constitutes products used for high volume or bulk packaging, which are used for sea, road,
or rail transportation.
However, volatile feedstock prices pose a challenge to the growth of this market. Expansion of the
commodity trade in BRIC countries will be favorable for the bulk container packaging market in the
years to come.The report segments the bulk container packaging market into flexitanks, bulk
container liners, and flexible intermediate bulk containers (FIBC). FIBC accounted as the largest
product segment of the market in 2013. The bulk container liners product segment are expected to
witness moderate growth and held more than 35% of the market in 2013.
Browse The Full Report At: http://www.transparencymarketresearch.com/bulkcontainer-packaging-market.html
On the other hand, the flexitanks product segment held a smaller share of the overall market in 2013.
However, flexitanks are expected to display the fastest growth, due to their cost-effectiveness and
higher operational performance.By application, the chemicals segment dominated the market and is
expected to display a CAGR of more than 9% from 2014 to 2020.
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Transparency Market Research