Plastic Rigid IBCs are reusable, stackable Intermediate Bulk Containers (IBCs) that are primarily used for the storage and transportation of large volumes of liquids and solids across a variety of industries, including chemicals, food, and pharmaceuticals. They are becoming an increasingly popular form of packaging due to their cost-effectiveness and ease of use. IBCs consist of a rigid, non-porous, HDPE (High-Density Polyethylene) container, a durable polyethylene pallet base, and a protective cage of galvanized steel. They are constructed to be robust and designed to have chemical and temperature resistance, ensuring that the product inside is safe and secure.
The growth of the rigid IBCs market is attributed to the growing demand for food and beverages and pharmaceutical products, coupled with the need for safe and efficient packaging solutions. In addition, these IBCs are becoming increasingly popular due to their cost-effectiveness, superior quality, and quick transportation of products.
The global Plastic Rigid IBC market was valued at US$ 2946.5 million in 2022 and is anticipated to reach US$ 4511.6 million by 2029, witnessing a CAGR of 6.2% during the forecast period 2023-2029. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
A detailed market research report on Global Plastic Rigid IBC Market available at: https://www.themarketreports.com/report/global-plastic-rigid-ibc-market-research-report
This report aims to provide a comprehensive presentation of the global market for Plastic Rigid IBC, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Plastic Rigid IBC.
SCHUTZ, Mauser Group, Greif, Shijiheng, Snyder Industries, ZhenJiang JinShan Packing Factory, Time Technoplast Limited, Chuang Xiang, Myers Industries, Hoover Ferguson Group, WERIT, Maschiopack, Pyramid Technoplast, Sotralentz, Sintex, Shanghai Fujiang Plastic Industry Group, Jielin and NOVAX are the key manufacturters of Plastic Rigid IBC.
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