Global Rigid Bulk Packaging Market to grow at a CAGR of 4.23% during the period 2016 - 2020; Finds New Report

Report forecast the global rigid bulk packaging market to grow at a CAGR of 4.23% during the period 2016-2020.

Rigid bulk packaging is used in industries including chemicals, pharmaceuticals and healthcare, and food and beverage. It helps in the protected delivery of these goods in large quantities from the point of manufacture to the point of distribution channel, where these are finally packaged for customers. Materials like rigid plastics, steel, and paperboard are used for rigid bulk packaging. This market is characterized by innovative offerings and customizations aligned with customer specifications.

The report covers the present scenario and the growth prospects of the global rigid bulk packaging market for 2016-2020. To calculate the market size, the report considers the revenue generated from the sales of different types of rigid bulk containers to industries such as food and beverage, pharmaceutical and healthcare, chemicals, and others.

The market is divided into the following segments based on geography:

• APAC
• Europe
• North America
• ROW

According to the report, a key growth driver is globalization and international trade. The two primary elements driving the global rigid bulk packaging market are the innovative progression (which has reduced the cost of transportation) and the increase in the liberalization of the trade and capital market (which has increased export and import activities). Many emerging economies like China, Russia, Brazil, and India are changing their pattern of trade and investment. Demand for oil- and agriculture-based commodities are increasing rapidly. The increase in trade of oil and chemical has also driven the growth of the bulk container market.

Further, the report states that one challenge that could hamper market growth is the volatility in raw material prices.

Global Rigid Bulk Packaging Market 2016-2020, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

key players in the global rigid bulk packaging market: Berry Plastics, Brambles, Greif, Sonoco, and WestRock.

Other Prominent Vendors in the market are: Bonar Plastics, Berenfield Containers, BWAY, Chem-Tainer Industries, Hedwin, Hoover Container Solutions, Mauser Packaging Company, Menasha Packaging, Rehrig Pacific, Remcon Plastics, and Schoeller Allibert.

Market driver

• Globalization and international trade
• For a full, detailed list, view our report

Market challenge

• Volatility in raw material price
• For a full, detailed list, view our report

Market trend

• Resurgence in demand for material handling containers
• For a full, detailed list, view our report

Key questions answered in this report

• What will the market size be in 2020 and what will the growth rate be?
• What are the key market trends?
• What is driving this market?
• What are the challenges to market growth?
• Who are the key vendors in this market space?
• What are the market opportunities and threats faced by the key vendors?
• What are the strengths and weaknesses of the key vendors?

Spanning over 60 pages and 29 Exhibit “Global Rigid Bulk Packaging Market 2016 - 2020” report covers Executive summary, Scope of the report, Market research methodology, Introduction, Market landscape, Market segmentation by product type, Geographical segmentation, Market drivers, Impact of drivers, Market challenges, Impact of drivers and challenges, Market trends, Vendor landscape, Appendix.

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