Market Overview
The Global Intermediate Bulk Container (IBC) Liner Market is expected to reach a value of USD 1,057 million in 2023 and is expected to have a CAGR of 5.9% by 2032. With the increase in globalization and expansion in trade, trade agreements are being finalized in many regions, such as South America, Asia Pacific, North America, etc.
The intermediate bulk container is a container that is made up of high-quality durable plastic polymer. The plastic polymer most of the time used in these containers is HDPE or in other words High-density Polyethylene. It’s used to store liquids, pastes, & solids, and also helps in transporting bulk products to larger distances.
Market Dynamic
China is the leader in terms of export and import of goods. The second-largest economy in terms of goods export and import is the US. It has around 200 trading partners worldwide, with a valuation of more than USD 6 trillion. According to the
Agriculture Department of the United States, an investment of approx. USD 23 million was announced for the extension of dairy sectors. It’s expected that further expansion & investment will lead to a growing demand for intermediate bulk container liners to export the product globally.
IBC Liners are often used for several household products’ packaging such as hand washing, liquid soap, liquid detergents, etc. The rising demand for liquid disinfectants & liquid cleaners has opened a door of immense opportunities for the IBC Liner sector to expand its growth. Its leakage-free characteristic is attracting the market and is expected to expand in the upcoming years.
Research Scope and Analysis
By Capacity
The Intermediate Bulk Containers with a capacity of more than 1000 liters, dominate the market with the highest share of more than 82% in 2023. Wide expansion of food products such as beverages market where a liquid is transported & utilized, IBC (intermediate bulk containers) with the size of above 1000 liters play a significant role. Therefore, with rising globalization, this segment is expected to show growth in upcoming years as well. Moreover, these IBC liners are of less cost when compared with barrels & drums.
Whereas, in terms of up to 1000-liter capacity containers, it is expected to grow at a high rate over the forecasted period. These containers are used for the exporting & warehousing of numerous products like beverages & food, etc. These containers with medium sizes are more affordable & easier to carry for medium-range quantities. As medium quantities such as 600 liters or 800 liters are more often used & hence this drives the segment to further growth.
By Application
The Food & beverages sector dominates the market with a maximum share of 74.3% in 2023. Various types of food products that can be stored include condiments, oils, juices, vegetable purees, sauces, sweeteners, spices, grains, etc. With the expanding global trade among various countries, such as the United States., South Asian countries, etc., transportation is preferred in safe containers & therefore, IBC liner is much utilized considering its property of protection. Two categories of liners, i.e., pillow liners, & form fit liners, are used for food packaging & transporting. Beverages that can be stored and utilized include; alcoholic and non-alcoholic drinks such as wine, rum, soft drinks, coffee, etc.
Moreover, another sector of the Industrial Liquid is expected to grow significantly over the coming future. This sector consists of oils & gas, and chemicals such as adhesives, resins, epoxy paint, etc. These intermediate bulk container liners are easy to use & protect various liquids from the spell, from various contaminations, and it’s environmentally safe. These properties are driving the market growth of these IBC Liners.
The Global Intermediate Bulk Container Liner Market Report is segmented on the basis of the following:
By Capacity
- Up to 1000 Liters
- >1000 Liters
By Application
- Food & Beverages
- Industrial Liquids
- Household Products
Regional Analysis
The European market dominates the global intermediate bulk container liner market with a share of about 49.1% in 2023. Reasons behind such an expansion can be the export of liquid products such as milk to Algeria & Egypt. And the growing pharmaceuticals in Germany.
Moreover, in the Asia Pacific region, China is showing substantial growth in this sector of IBC liners due to its growing import & export of food products. And in terms of North America, the United States, is expected to show the largest growth. Various governments are taking the initiative to discard the proliferation of plastic which has a bad effect on the environment. A more sustainable approach is now being favored due to rising awareness & hence these factors are driving the market share of IBC liners in developed as well as developing countries. One such example is, the policy of Mexico where efforts are made to not use plastic, and hence IBC liners lead the way, being with the properties of recyclable & reusable. Latin America too is making its journey towards the IBC liners market.
With the upcoming strict policies to make transportation free of contamination, the IBC market gets a further boost. Middle East countries such as UAE, Oman, & Saudi Arabia, are leading the market in oil reserves. And are known to export their products to various countries such as India, the United States, etc. Bulk transportation of oils & chemicals to various countries, demand for IBC liners kept on increasing.
Europe
- Germany
- The U.K.
- France
- Italy
- Russia
- Spain
- Benelux
- Nordic
- Rest of Europe
Asia-Pacific
- China
- Japan
- South Korea
- India
- ANZ
- ASEAN
- Rest of Asia-Pacific
Latin America
- Brazil
- Mexico
- Argentina
- Colombia
- Rest of Latin America
Competitive Landscape
- The IBC market is characterized by various small and medium-sized players. Many of these players have
- a strong presence in the market, especially in domestic markets. When it comes to IBC liners, there isn't
- much differentiation among the various market players, resulting in very high competition. To gain a
- competitive edge, key players are introducing advanced technologies like temperature control and
- package tracking solutions These enhancements are meant for staying ahead in the race.
Some of the prominent players in the global intermediate bulk container liner
market are:
- CHEP
- Liquibox
- Grief
- Smurfit Kappa
- CDF Corporation
- Amcor plc
- Sealed Air
- Qbig Packaging B.V
- ILC Dover LP
- Scholle IPN
- Other Key Players
COVID-19 Pandemic & Recession: Impact on the Global Intermediate Bulk Container Liner Market:
The COVID-19 pandemic had a significant impact on the packaging industry, leading to a scarcity of essential chemical raw materials such as plastic, chemicals, and wood. Many of these raw materials became unavailable in the market, and even if they were available, transportation constraints during the pandemic made it difficult to procure them. Furthermore, the available materials experienced a substantial increase in cost compared to their usual prices. The drastic reduction in the raw materials market has greatly affected the packaging and chemical industry. Intermediate Bulk Containers (IBC), which depend heavily on steel and plastic, were also affected by the unavailability of raw materials and price hikes. However, the demand for protective packaging experienced a hike as the world increasingly relied on online options, remote operations, and the need for enhanced packaging to ensure the safe shipment of products and goods.
Report Details
| Report Characteristics |
| Market Size (2024) |
USD 1,057 Mn |
| Forecast Value (2033) |
USD 1,773.9 Mn |
| CAGR (2024-2033) |
5.9% |
| Historical Data |
2018 – 2023 |
| Forecast Data |
2024 – 2033 |
| Base Year |
2023 |
| Estimate Year |
2024 |
| Report Coverage |
Market Revenue Estimation, Market Dynamics, Competitive Landscape, Growth Factors and etc. |
| Segments Covered |
By Capacity (Up to 1000 liters, and >1000 liters), By Application (Food & Beverages, Industrial Liquids, Household Products). |
| Regional Coverage |
North America – The US and Canada; Europe – Germany, The UK, France, Russia, Spain, Italy, Benelux, Nordic, & Rest of Europe; Asia- Pacific– China, Japan, South Korea, India, ANZ, ASEAN, Rest of APAC; Latin America – Brazil, Mexico, Argentina, Colombia, Rest of Latin America; Middle East & Africa – Saudi Arabia, UAE, South Africa, Turkey, Egypt, Israel, & Rest of MEA
|
| Prominent Players |
CHEP, Liquibox, Grief, Smurfit Kappa, CDF corporation, Amcor plc, Sealed Air, Qbig packaging B.V, ILC Dover LP, Scholle IPN, and Other Key Players. |
| Purchase Options |
HVMN Inc., Thync Global Inc., Apple Inc., Fitbit Inc., TrackmyStack, OsteoStrong, The ODIN, Thriveport LLC, Muse, Moodmetric, and Other Key Players |
Frequently Asked Questions
The Global Intermediate Bulk Container Liner Market is expected to reach a value of USD 1,057 million in 2023.
The Global Intermediate Bulk Container Market is expected to grow at 5.9% CAGR by 2032.
The Food and Beverages segment dominates the market with the highest share of 74.3% in 2023.
Some of the key players include CHEP, Liquibox, Grief, Smurfit Kappa, CDF corporation, Amcor plc, Sealed Air, Qbig Packaging B.V, ILC Dover LP etc.