Future Market Insights (FMI) has recently published an exhaustive study on the global IBC liners market, bringing to fore credible insights on the key market trends impacting growth from 2020-2030.
Opportunities abound across the recyclable and reusable IBC liner packaging solutions. A case in point, French paper manufacturing giant Ahlstrom has been extensively utilizing this technology to incur cost savings of approximately € 30,000 and significant decrease in manufacturing footprint.
- North America to generate US$ 135 Mn by 2020-end, East Asia to emerge as a lucrative market
- Polyethylene IBC liners to account for over one-third revenue share in the immediate forecast period
- Food-grade IBC liners packaging to remain lucrative, non-alcoholic beverages to generate 17% revenue by 2020-end
- By thickness, 50 to 100 micron IBC liners to hold dominant revenue share
- Aseptic packaging likely to expand at nearly 6% CAGR through 2030
- Liquid packaging solutions to emerge as a lucrative segment by content type
“Prominent manufacturers are foraying into emerging economies across the East & South Asian market so as to capture a wide consumer base, thereby accelerating growth prospects in the long-run,” comments the FMI analyst.
For more insights into the market, request a sample of this report@ https://www.futuremarketinsights.com/reports/sample/rep-gb-12772
COVID-19 Impact Analysis
The COVID-19 pandemic has generated significant expansion avenues for the global packaging industries, with credible potential existing across the food & beverage, cosmetics and pharmaceuticals segments. As the world prepares for another incoming wave of infections, manufacturers are strengthening existing supply chains to mitigate any further recessionary impacts.
Furthermore, demand has surged across the food & beverage and pharmaceutical segments respectively. For instance, significant spike in sales of Remdesivir were recorded, attributed to the designation of the Emergency Use Authorization (EUA) status by the US FDA in the initial stages of the pandemic.
All these aforementioned trends have therefore enhanced the need to incorporate efficient packaging solutions, thereby broadening growth prospects for the IBC liners market.
Prominent players operating in the global IBC liners landscape include Amcor Plc, Sealed Air Corporation, Peak Packaging Ltd, Nittel GmbH & Co KG, Composite Containers LLC, Paper Systems Inc, Arena Products Inc., Brambles Industries Ltd., Hanlon Solutions Resource Inc. and CDF Corporation to name a few.
Manufacturers rely on strategic alliances, mergers & acquisitions, new product launches and expansion of geographical outreach to acquire a deeper customer base. Moreover, they are also furthering existing research capacities to incorporate novel technological advancements so as to offer enhanced packaging solutions.
For Information On The Research Approach Used In The Report, Ask Analyst @ https://www.futuremarketinsights.com/ask-question/rep-gb-12772
More Insights on FMI’s IBC Liners Market Report
Future Market Insights, in its new report, offers an unbiased analysis of the global IBC liners market, analyzing historical demand from 2015-2019 and forecast statistics for 2020-2030. The study reveals growth projections on the IBC liners market on the basis of capacity (up to 1,000 liters, 1,000-1,500 liters, and above 1,500 liters), material type (polyethylene, polyamide (PA), polypropylene (PP), EVOH, aluminum foil and others), thickness (up to 50 micron, 50 to 100 micron, 100 to 150 micron, and above 150 micron), content type (powder & granules and liquid), filling technology (aseptic and non-aseptic) and end-use (food, beverages, chemicals, paints, inks & dyes, agricultural, pharmaceuticals, biopharmaceuticals, and petroleum, lubricants & others) across seven prominent regions.
About Packaging Division at Future Market Insights
The Packaging division at FMI provides an in-depth historical analysis and granular projections of the global packaging market. Ranging from packaging materials to designs & formats, FMI has an exhaustive market research database, serving clients with unique offerings and strategic recommendations. With a repository of 750+ reports, the team analyzed the packaging industry comprehensively in 70+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help
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