1. Market Research
  2. > Manufacturing
  3. > Packaging Market Trends

U.S. Rigid Bulk Packaging Market

  • October 2014
  • 341 pages
  • Freedonia
Report ID: 702403

Summary

Table of Contents

US demand to reach $7.3 billion in 2018

US demand for rigid bulk packaging is projected to reach $7.3 billion in 2018.
Growth will represent an improvement from the performance of the 2008-2013 period as manufacturing output and construction activity recover from postrecession troughs. Additionally, gains will be driven by expanded use of larger, higher value containers that are more cost effective than smaller containers with shorter service lives.

RIBCs to see fastest gains

The fastest gains are expected for rigid intermediate bulk containers (RIBCs) and material handling containers. In addition to an improved outlook for production activity, gains for these containers will be boosted by cost benefits over smaller or single-trip containers arising from factors such as greater reusability, and storage and handling efficiency. While RIBCs and material handling containers have higher initial costs than shorter life containers, their longer service lives and handling efficiencies can offer long term cost benefits to large scale users, especially in closed-loop distribution systems.

Plastic drums will also post above average gains based on cost and performance advantages over steel drums as well as enhanced corrosion resistance and barrier properties. Preventing faster gains will be competition from RIBCs as well as the entrenched position of steel and fibre drums in certain applications. RIBCs possess cost and space efficiency advantages over plastic drums in packaging large volumes.
Drums, the leading rigid bulk packaging segment in value terms in 2013, will face continued inroads by larger capacity containers. Nonetheless, drums will remain
widely used due to their relatively low cost and reusability, along with a good safety profile in the transport of hazardous materials. Drums are also favored by smaller volume users and those not able to accommodate RIBCs.

Chemicals, pharmaceuticals to be fastest growing market

The fastest market advances are expected in chemical and pharmaceutical uses. Growth will be fueled by a recovery in the manufacturing sector, which will fortify heightened demand for chemicals used in a wide range of manufactured goods. All major chemical segments will post improved performances from the 2008-2013 period, with pharmaceuticals expected to enjoy the fastest advances.Gains in the plastic, rubber, and fiber market will also accelerate, boosted by a rebound in demand for materials used in large volume markets such as construction and motor vehicles. Increased requirements for these basic materials will result in greater demand for packaging used with bulk quantities of chemicals, plastics, rubber, and fiber. In the food and beverage market, rigid bulk packaging opportunities will be helped by population gains, improved consumer spending growth, a recovery in the broader economy, and favorable prospects for value added food types. Growth in the agricultural
and horticultural market will reflect a recovery in the housing market, leading to heightened demand for horticultural consumables.

Durable goods markets will register a significant improvement, fueled by a marked acceleration in durable goods output, with healthy gains anticipated for products used in construction. Continued efforts to improve manufacturing efficiency via the implementation of just-intime manufacturing and closed-loop distribution systems will also favorably impact demand.

Study coverage

This upcoming industry study, Rigid Bulk Packaging, presents historical demand data (2003, 2008, 2013) plus forecasts for 2018 and 2023 by material, product and market. The study also considers market environment factors, evaluates company market share and profiles more than 30 US industry players.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 60 Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.

Veronica helps you find the right report:

Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

Purchase Reports From Reputable Market Research Publishers

Industrial Bulk Packaging - Global Market Outlook (2017-2023)

  • $ 4157
  • Industry report
  • June 2017
  • by Stratistics MRC

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. ...

Global Industrial Bulk Packaging Market Analysis & Trends - Industry Forecast to 2025

  • $ 4200
  • Industry report
  • July 2017
  • by Accuray Research LLP

The Global Industrial Bulk Packaging Market is poised to grow at a CAGR of around 10.1% over the next decade to reach approximately $15.61 billion by 2025. Some of the prominent trends that the market ...

The 2018-2023 World Outlook for Rigid Bulk Packaging

  • $ 995
  • Industry report
  • April 2017
  • by ICON Group

This study covers the world outlook for rigid bulk packaging across more than 190 countries. For each year reported, estimates are given for the latent demand, or potential industry earnings (P.I.E.), ...

Us Rigid Bulk Packaging Market

September 2016 $ 5300

ref:plp2014

Reportlinker.com © Copyright 2017. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.