Rigid Bulk Packaging Market Size (2024 - 2029)

The rigid bulk packaging market is experiencing growth driven by the increasing emphasis on safe and sustainable industrial packaging, which has gained attention from governments and organizations worldwide. Key factors influencing the market size include the development of sustainable and recyclable materials, growth in construction activities, and rising demand for food and packaging transport. Additionally, the need to optimize logistics costs and enhance supply chain efficiency is prompting investments in innovation within the industrial packaging sector. Efforts by companies and governments to reduce packaging waste further support the expansion of this market.

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Market Size of Rigid Bulk Packaging Industry

Market Growth_Rigid Bulk Packaging Market
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 4.90 %
Fastest Growing Market Asia Pacific
Largest Market Asia Pacific
Market Concentration High

Major Players

Rigid Bulk Packaging Market Major Players

*Disclaimer: Major Players sorted in no particular order

Rigid Bulk Packaging Market Analysis

The rigid bulk packaging market is expected to register a CAGR of 4.9% during the forecast period 2021-2026. Over the last few decades, global bulk packaging has received very scant attention compared to consumer packaging. However, recently, governments and organizations across the world have come to realize the importance of safe and sustainable industrial packaging.

  • Some of the major drivers contributing to the growth of this market include the emergence of sustainable and recycling packaging materials, steady growth in construction activity and increased demand for food and packaging transport materials across the globe.
  • Further, the greater need to improve logistics costs, bill of materials, and enhance overall efficiency across the supply chain, is expected to drive investments in innovation among the industrial packaging manufacturers over the forecast period.
  • On the other hand, the market has been buoyed by companies and governments focused on claiming the necessary measures to reduce packaging wastage.

Rigid Bulk Packaging Industry Segmentation

The scope of the rigid bulk packaging market is limited to the forms of bulk packaging products offered by various vendors made of different materials for a wide range of end-user verticals, including the food, beverage, industrial, chemicals, and pharmaceutical sectors, globally.

By Material
Pastic
Metal
Wood
Other Materials
By Product
Industrial Bulk Containers
Drums
Pails
Boxes
Other Products
By End-user Industry
Food
Beverage
Industrial
Pharmaceutical and Chemical
Other End-user Industries
Geography
North America
United States
Canada
Europe
Germany
France
United Kingdom
Rest of Europe
Asia-Pacific
Japan
India
China
Rest of Asia-Pacific
Latin America
Brazil
Mexico
Rest of Latin America
Middle East & Africa
United Arab Emirates
South Africa
Saudi Arabia
Rest of Middle East & Africa
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Rigid Bulk Packaging Market Size Summary

The rigid bulk packaging market is experiencing a notable expansion, driven by the increasing emphasis on safe and sustainable industrial packaging solutions. This sector, which has historically received less attention compared to consumer packaging, is now gaining traction as governments and organizations worldwide recognize its significance. Key factors propelling market growth include the adoption of sustainable and recyclable materials, a steady rise in construction activities, and a growing demand for efficient food and packaging transport solutions. Additionally, the need to optimize logistics costs and enhance supply chain efficiency is encouraging investments in innovative packaging technologies. The market is further supported by initiatives aimed at reducing packaging waste, highlighting the industry's commitment to sustainability.

In the United States, the rigid bulk packaging market is strengthened by the presence of major industry players and robust manufacturing sectors such as chemicals, pharmaceuticals, food and beverages, and automotive. The country's position as a leading exporter and importer of goods, coupled with its focus on enhancing trade relations, is expected to bolster market growth. The market is moderately consolidated, with a few key players dominating the landscape. Companies are increasingly pursuing acquisition and partnership strategies to expand their market presence and offerings. Notable developments include Amcor Limited's acquisition of Bemis Company, Inc., and IFCO SYSTEMS' acquisition by Triton and Abu Dhabi Investment Authority, both of which aim to enhance their value propositions and sustainability efforts in the packaging industry.

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Rigid Bulk Packaging Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Overview

    2. 1.2 Introduction to Market Drivers and Restraints

    3. 1.3 Market Drivers

      1. 1.3.1 Emergence of Sustainable and Recyclable Packaging Materials

    4. 1.4 Market Restraints

      1. 1.4.1 Environmental Legislations Challenge the Market Growth

    5. 1.5 Industry Value Chain Analysis

    6. 1.6 Industry Attractiveness - Porter's Five Force Analysis

      1. 1.6.1 Threat of New Entrants

      2. 1.6.2 Bargaining Power of Buyers/Consumers

      3. 1.6.3 Bargaining Power of Suppliers

      4. 1.6.4 Threat of Substitute Products

      5. 1.6.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 By Material

      1. 2.1.1 Pastic

      2. 2.1.2 Metal

      3. 2.1.3 Wood

      4. 2.1.4 Other Materials

    2. 2.2 By Product

      1. 2.2.1 Industrial Bulk Containers

      2. 2.2.2 Drums

      3. 2.2.3 Pails

      4. 2.2.4 Boxes

      5. 2.2.5 Other Products

    3. 2.3 By End-user Industry

      1. 2.3.1 Food

      2. 2.3.2 Beverage

      3. 2.3.3 Industrial

      4. 2.3.4 Pharmaceutical and Chemical

      5. 2.3.5 Other End-user Industries

    4. 2.4 Geography

      1. 2.4.1 North America

        1. 2.4.1.1 United States

        2. 2.4.1.2 Canada

      2. 2.4.2 Europe

        1. 2.4.2.1 Germany

        2. 2.4.2.2 France

        3. 2.4.2.3 United Kingdom

        4. 2.4.2.4 Rest of Europe

      3. 2.4.3 Asia-Pacific

        1. 2.4.3.1 Japan

        2. 2.4.3.2 India

        3. 2.4.3.3 China

        4. 2.4.3.4 Rest of Asia-Pacific

      4. 2.4.4 Latin America

        1. 2.4.4.1 Brazil

        2. 2.4.4.2 Mexico

        3. 2.4.4.3 Rest of Latin America

      5. 2.4.5 Middle East & Africa

        1. 2.4.5.1 United Arab Emirates

        2. 2.4.5.2 South Africa

        3. 2.4.5.3 Saudi Arabia

        4. 2.4.5.4 Rest of Middle East & Africa

Rigid Bulk Packaging Market Size FAQs

The Rigid Bulk Packaging Market is projected to register a CAGR of 4.90% during the forecast period (2024-2029)

Amcor PLC, Mondi Group PLC, Greif Inc., Nefab Packaging AB and SCHÜTZ GmbH & Co. are the major companies operating in the Rigid Bulk Packaging Market.

Rigid Bulk Packaging Report Snapshots

Rigid Bulk Packaging Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)