Jul 18, 2017 (MarketersMedia via COMTEX) —
According to Stratistics MRC, the Global Industrial Bulk Packaging market is estimated at $56.01 billion in 2016 and is expected to reach $83.91 billion by 2023 growing at a CAGR of 5.9% from 2016 to 2023.
Gaithersburg, US – July 18, 2017 /MarketersMedia/ —
Increase in demand from chemicals and petroleum industries and increasing demand from developing nations like India and China are the factors propelling the market growth. Growing competition from flexible packaging and strict government regulations are hampering the market growth.
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Among applications, food and beverages segment is anticipated to grow at highest CAGR during forecast period. Plastic in material segment held the largest market share and paperboard is expected to show lucrative growth rate during forecast period. Asia Pacific accounted for the highest market share and is expected to grow at a higher CAGR during forecast period because of increasing industrialization and urbanisation and increasing exports to developed countries from Asia Pacific region.
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Some of the key players in the market include Amcor Limited, Bemis Company, Inc., Cleveland Steel Container Corporation, Composite Containers LLC, Greif, Inc., Hoover Container Solutions, Inc., International Paper Company, Mauser Group, Menasha Corporation, Mondi PLC, Orora Limited, Sigma Plastics Group, Westrock Company and Wuxi Sifang Drums Limited Company.
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? Chemical & Pharmaceuticals
? Building & Construction
? Food & Beverages
? Oil & Lubricants
? Other Applications
Pack Types Covered:
? Jerry Cans
? Other Pack Types
? North America
o Rest of Europe
? Asia Pacific
o New Zealand
o Rest of Asia Pacific
? Rest of the World
o Middle East
o South Africa
What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
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About Stratistics MRC
We offer wide spectrum of research and consulting services with in-depth knowledge of different industries. We are known for customized research services, consulting services and Full Time Equivalent (FTE) services in the research world. We explore the market trends and draw our insights with valid assessments and analytical views. We use advanced techniques and tools among the quantitative and qualitative methodologies to identify the market trends.
Our research reports and publications are routed to help our clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects.
Name: James Lamb
Organization: Stratistics Market Research Consulting Pvt Ltd
Source URL: http://marketersmedia.com/industrial-bulk-packaging-market-size-share-report-analysis-trends-forecast-to-2023/218665
For more information, please visit http://www.strategymrc.com/
Release ID: 218665
**********************************************************************As of Friday, 07-14-2017 23:59, the latest Comtex SmarTrend® Alert, an automated pattern recognition system, indicated a DOWNTREND on 05-18-2012 for BMS @ $30.02.As of Friday, 0