Sep 5, 2018   SOURCE: BusinessWire

Global Rigid Bulk Packaging Markets to 2023: Industrial Bulk Containers to Witness the Fastest Growth - ResearchAndMarkets.com

The "Global Rigid Bulk Packaging Market - Segmented by Material (Plastic, Metal, Wood), Type of Packaging, By End-user Industry, and Geography - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

The rigid bulk packaging market is expected to register a CAGR of 4.9% during the forecast period (2018-2023).

Trends Driving the Rigid Bulk Packaging Market

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. The growing trend of sustainability buoyed by legislations across various countries has driven the demand for recycling and reusability in 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.

These factors have been buoyed by companies and governments focused on claiming the necessary measures to reduce packaging wastage. These trends are expected to drive the rigid bulk packaging market during the forecast period.

Key Highlights

  • Industrial Bulk Containers to Witness the Fastest Growth
  • Robust Trade Relations to Drive the Market in the United States

Major Developments in the Market

  • Schutz signed an agreement to acquire Envases y Laminados, S.A. de C.V. (ELSA), a leading supplier of rigid industrial packaging in Mexico.
  • Nefab Packaging Sweden AB acquired Foldy Pac Nordic AB, a manufacturer of packaging for demanding transport by road, sea and air.

Companies Profiled

  • Mondi PLC
  • Greif Inc.
  • Nefab AB
  • Schutz GmbH & Co. KGaA
  • Sonoco Products Company
  • Bemis Company Inc.
  • The Cary Company
  • Taihua Group
  • Hoover Container Solutions
  • Cleveland Steel Container

Key Topics Covered

1. Introduction

2. Research Methodology

3. Executive Summary

4. Market insights

5. Market Dynamics

6. Global Rigid Bulk Packaging Market Segmentation

7. Competitive Intelligence - Key Vendor Profiles

8. Investment Analysis

9. Future of Rigid Bulk Packaging Market

For more information about this report visit https://www.researchandmarkets.com/research/9srrkk/global_rigid_bulk?w=4