Global Intermediate Bulk Container Market Overview:
The global intermediate bulk container market is expected to grow at a slow pace during the forecast period, according to the AMA study. The increasing demand due to chemicals & petrochemical sector caused by accelerated transportation activities for small volume shipments across the world is expected to be one of the major factors aiding into the growth for the market. However, the market is expected to witness a slight decline in the growth during the next one year due to high demand & supply gap, but it is again expected to rise with a healthy pace after the COVID-19 pandemic is over.
- Increasing Demand Due to Chemicals & Petrochemical Sector Due to the Accelerated Transportation Activities Specific for Small Volume Shipments
- Growing Demand from Food & Beverages Sector Due to Increasing Transportation of Packed Food & Beverage Products
- Rising Adoption of Online Sales Channel
- The Outbreak of COVID-19 Pandemic is One of the Major Restraints for the Market as Most of the Industries have been Facing Economic Crisis & is Leading to Stopped Operations of Transportation & Logistics Sector Across the World for an Ambiguous Period of Time
- Opportunities in the Asia Pacific Region
- Short Term Challenges Due to Stopped Import & Exports and Other Transportation of Different Industries Across the World
The vendors in this market are majorly focusing on developing innovative products and solutions in order to cater to the market's demands to remain competitive in the global market. According to the recent global industry crisis due to outbreak of COVID-19 is expected to be one of the major challenges for the vendors of this market as the production and markets of different industries have been shut down for an ambiguous period of time.
Some of the key players profiled in the report are Berry Global, Inc. (United States), Bulk Lift International, LLC (United States), BWAY Corporation (United States), DS Smith (United States), Greif, Inc (United States), Hawman Container Services (Canada), Hoover Ferguson Group, Inc. (United States), Mondi Group (Austria), OBAL CENTRUM s.r.o. (Czech Republic), SCHÄFER Werke GmbH (Germany), SCHUTZ GmbH & Co. KGaA (Germany), Snyder Industries (United States), SYSPAL Ltd (United Kingdom), THIELMANN - THE CONTAINER COMPANY (Switzerland), Time Technoplast Ltd. (India) and Transtainer (Australia). Analyst at AdvanceMarketAnalytics see United States Manufacturers to retain maximum share of Global Intermediate Bulk Container market by 2025. Considering Market by Content, the sub-segment i.e. Liquids will boost the Intermediate Bulk Container market. Considering Market by Material, the sub-segment i.e. Metal will boost the Intermediate Bulk Container market.
Stringent Worldwide Government Regulations Regarding Shutting Down the Production & Services Across Different Countries of the World to Avoid the Spread of COVID-19
Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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The top-down and bottom-up approaches are used to estimate and validate the size of the Global Intermediate Bulk Container market.
In order to reach an exhaustive list of functional and relevant players various industry classification standards are closely followed such as NAICS, ICB, SIC to penetrate deep in important geographies by players and a thorough validation test is conducted to reach most relevant players for survey in Intermediate Bulk Container market.
In order to make priority list sorting is done based on revenue generated based on latest reporting with the help of paid databases such as Factiva, Bloomberg etc.
Finally the questionnaire is set and specifically designed to address all the necessities for primary data collection after getting prior appointment.
This helps us to gather the data related to players revenue, operating cycle and expense, profit along with product or service growth etc.
Almost 70-80% of data is collected through primary medium and further validation is done through various secondary sources that includes Regulators, World Bank, Association, Company Website, SEC filings, OTC BB, USPTO, EPO, Annual reports, press releases etc.