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Intermediate Bulk Containers Market Trends

Report ID: GMI12422
Published Date: Nov 2024
Report Format: PDF

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Intermediate Bulk Containers Market Trends

IBC rental services are becoming more popular, as they offer a cost-effective alternative for companies that need IBCs for short-term use. These services are gaining traction, particularly in sectors with fluctuating production demands. Renting IBCs instead of purchasing them outright helps businesses reduce their capital expenditures, especially for industries that have fluctuating demands or seasonal production cycles. IBC rental services provide a flexible solution, as businesses can rent containers as needed and return them after use. Rental services also offer the advantage of maintenance and repair, which reduces the operational burden on companies. As more industries look for flexible, cost-efficient packaging options, the rental market for IBCs is poised to expand further, particularly in sectors like chemicals, food & beverage, and logistics.

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

The market size for intermediate bulk containers was valued at USD 15.3 billion in 2024 and is projected to reach USD 27.1 billion by 2034, driven by a CAGR of 5.9% from 2025 to 2034.

The rigid segment dominated the market with a share of over 70% in 2024, driven by the demand for durable, high-strength packaging solutions.

The North America market held a significant share of over 27.5% in 2024, driven by strong demand from industries such as food and beverage, chemicals, and pharmaceuticals.

Major players in the industry include CL Smith, Denios, DS Smith, Greif, Hazmatpac, IDEX, ILC Dover, LC Packaging, Mauser Packaging Solutions, Mondi, Pyramid Technoplast, Schafer Werke, and Schoeller Allibert.