Global corrugated paperboard IBCs Market: Overview
Intermediate Bulk Containers are useful for transporting heavy goods. However, often, companies look for alternative solutions, which are more economical, safe, and are ecologically more compatible. A corrugated paperboard IBC is an efficient alternative to conventional Intermediate Bulk Containers. Corrugated paperboard IBCs are widely used to transport liquid food and non-hazardous liquid chemicals. Corrugated paperboard IBCs enjoy high preference among logistics service providers as an alternative and affordable solution. The global corrugated paperboard IBCs market is expected to have a positive outlook over the forecast period, due to their economical pricing as compared to alternative solutions, and higher efficiency in saving storage space.
Moreover, corrugated paperboard IBCs are more environment friendly than traditional Intermediate Bulk Containers. Conventional methods of transporting bulk liquid using steel and plastic drums are considered hectic and pose serious challenges to the environment. Due to all these factors, the global corrugated paperboard IBCs market growth is expected to remain largely positive, during the forecast period.
Global corrugated paperboard IBCs Market: Dynamics
Global trade has undergone rapid transformation in the last decade. Corrugated paperboard IBCs are used to transport a wide range of non-hazardous chemicals such as, adhesives, cleaners, emulsions, latex, and shampoo, among others. The global liquid transportation market has faced substantial demand in the past few years, and is supported by growing trade between countries. In addition to non-hazardous chemicals, corrugated paperboard IBCs are also used to transport food products, such as, soy sauce, juice concentrates, buttermilk, milk products, and sweeteners, among others.
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Global corrugated paperboard IBCs Market: Key Players
Few of the key players operating in the global corrugated paperboard market are – Bulk Handling Australia, BlackVel, Karions Ltd, Qingdao LAF Packaging Co., Ltd., and BARR Plastics, Inc., among others.
Global corrugated paperboard IBCs Market: Segmentation
The global corrugated paperboard IBCs has been segmented as –
On the basis of capacity, the global corrugated paperboard IBCs market has been segmented as –
- <500 L
- 501 L – 1,000 L
- 1,001 L – 1,500 L
- 1,501-2,000 L
- >2000 L
On the basis of applications, the global corrugated paperboard IBCs market has been segmented as –
- Shampoo & Detergents
- Food & Beverages
- Juice concentrates
- Sour Cream
- Citrus Juice
Global corrugated paperboard IBCs Market: Geographical Outlook
The global corrugated paperboard IBCs market has been divided into seven regions –
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific excluding Japan
- Middle East & Africa
This post was originally published on Analytics News