Published on : Dec 20, 2017
Albany, New York, December 20, 2017: According to a study based on bulk container packaging titled “Bulk Container Packaging Market: Global Industry Analysis and Opportunity Assessment 2017 – 2027” submitted recently into the database of Market Research Hub (MRH), the global bulk container packaging market is expected to generate a value of nearly US$ 28.7 Bn by the end of 2027. The global bulk container packaging market which is evaluated for US$ 13.6 Bn in value by 2017, is further estimated to exhibit a 7.8% CAGR during the assessment period from 2017 to 2027.
The insightful report begins with an executive summary that provides key information related to global bulk container packaging market and covers market overview and market analysis in brief. The report shares basics of the market with its readers under market introduction section that covers market definition and market taxonomy. The readers will find the study very useful as it shares projection for market related numbers such as market volume, market size, year-on-year growth and absolute $ opportunity.
The comprehensive report has been divided into different segments for in-depth analysis which are product type, material type, end use and region. Geographically, the report analyzes the market on the basis of key regions which are North America, Western Europe, Eastern Europe, Latin America, Asia Pacific Excluding Japan, Japan and Middle East and Africa. According to the report observations, the North America market has been witnessing a steep rise in trade activities over the years which in turn increases the demand for bulk packaging. The product type section is sub-segmented into flexitanks, bulk containers (flexible and rigid) and bulk container liners. The material type segment is bifurcated into plastics, metals and others (wood, fiber, paperboard etc.) The end use segment is categorized into industrial chemicals, petroleum & lubricants, food & beverages, paints, inks & dyes and others. The report provides introduction to all these segments and shares key trends along with market attractiveness analysis. The readers will also find region wise analysis in terms of drivers, restraints, opportunities, market size and volume.
As per the report, the advantages of bulk container packaging such as reusability and cost efficiency are some of the major factors driving the market of North America. According to the report, North America market is estimated to hold nearly 30.8% share of the global bulk container packaging market by 2027. On the other hand, the report analyzes that political uncertainty is one of the restraints to the growth of the bulk container packaging market.
The research methodology of the global bulk container packaging market report is based on forecasts that focuses on global as well as regional trends. Overall, the report offers key insights that will shape the market during the assessment period.
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