According to a market report by Lucintel, the future of the global cargo intermediate bulk container market looks promising with opportunities in the chemical, pharmaceutical, and food markets. The global cargo intermediate bulk container market is expected to grow with a CAGR of 5.7% from 2025 to 2031. The major drivers for this market are the growing demand for bulk transportation, the rising global trade and logistics, and the increase in industrial production.
A more than 150-page report to understand trends, opportunity and forecast in cargo intermediate bulk container market to 2031 by type (ton bag and IBC ton barrel), application (chemical, pharmaceutical, food, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World).
Lucintel forecasts that, within the type category, IBC ton barrel is expected to witness higher growth over the forecast period due to the increasing need for safe liquid handling.
Within the application category, food is expected to witness the highest growth due to the increasing demand for efficient food storage.
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In terms of region, APAC is expected to witness the highest growth over the forecast period due to the growing demand for efficient bulk transport solutions.
Technocraft Industries, Greif, Time Technoplast, DS Smith, Transtainer, Pensteel, Con-Tech International, Qiming Packaging, Plastic Closures, Custom Metalcraft are the major suppliers in the cargo intermediate bulk container market.
This unique research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or write us at [email protected] To get access of more than 1000 reports at fraction of cost visit Lucintel's Analytics Dashboard.
About Lucintel
At Lucintel, we offer solutions for you growth through game changer ideas and robust market & unmet needs analysis. We are based in Dallas, TX and have been a trusted advisor for 1,000+ clients for over 20 years. We are quoted in several publications like the Wall Street Journal, ZACKS, and the Financial Times.
Contact:
Roy Almaguer
Lucintel
Dallas, Texas, USA
Email: [email protected]
Tel. +1-972-636-5056
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