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. 2 Transparency Market Research