Market Overview:
The global corrugated bulk bins market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for corrugated bulk bins from various end-use industries, such as food, pharmaceuticals, chemicals, consumer goods and tobacco. In addition, the growing trend of using reusable packaging solutions is also contributing to the growth of this market. On the basis of type, the global corrugated bulk bins market can be segmented into hinged containers, totes and pallets. Of these segments, hinged containers are expected to account for a major share in terms of revenue in 2018. This segment is projected to grow at a CAGR of 6% during the forecast period from 2018 to 2030 due to their high durability and resistance against damage caused by external factors such as rain or snowfall. On the basis of application, food industry is expected dominate this market with a major share in terms revenue contribution followed by pharmaceuticals industry during forecast period .
Product Definition:
A corrugated bulk bin is a container made from corrugated cardboard that is used to store or ship goods. The corrugations in the cardboard create strength and stability in the bin, making it ideal for storing or shipping heavy items.
Hinged:
Hinged bulk bins are used for storage and transportation of goods. They are generally made up of steel or other metal sheets, which fold down from the top, forming a flat surface. The structure is designed in such a way that it provides easy access to the stored products through small doors at the front and backside of the bin. These types of bulk bins can be closed using various mechanisms including lifting devices, catch bars or magnets along with mechanical systems like chains or ropes on either side.
Totes:
Totes are large, flat, and waterproof containers that can be used for packaging a variety of products. They are available in numerous sizes and shapes to suit a variety of applications. The primary function of the tote is to provide an easy-to-carry option over other bulk packaging solutions such as drums or boxes. Totes can also be used for stacking during transportation or storage purposes making them an ideal choice for use in corrugated bulk bins market as well.
Application Insights:
The corrugated bulk bins market is segmented on the basis of application into food, pharmaceutical, chemical, consumer goods and tobacco. The food industry was the largest user of corrugated bulk bins in 2017 and is expected to maintain its dominance over the forecast period. Factors such as rising disposable income levels coupled with increasing spending on convenience foods are anticipated to drive demand for corrugated bulk bins in this sector over the coming years.
Corrugated bulk containers are widely used by companies operating within the packaging sector as they offer ease of handling while packing products such as fruits and vegetables which leads to reduced wastage caused by damage or spillage during transportation leading to increased profit margins for companies within packaging industries. Companies offering packing materials & supplies services also use these containers since they can pack a large amount of supplies into a small space resulting in higher efficiency compared with traditional wooden boxes or plastic bags alone which further boosts product demand from various sectors including agriculture & horticulture among others globally.
Regional Analysis:
Asia Pacific dominated the global corrugated bulk bins market in 2016 and is expected to continue its dominance over the forecast period. The growth of this region can be attributed to increasing exports of corrugated packaging material from developed countries such as Japan, China, India, Australia and New Zealand. In addition, rising demand for consumer goods along with a growing population in emerging economies including China and India will drive the regional market further.
The European market is anticipated to witness considerable growth over the next eight years owing to an increase in exports of corrugated packaging materials from Germany; however, sluggish economic conditions are expected to affect this trend eventually. North America also has a significant presence on account of high consumption volumes generated by e-commerce companies operating online shopping malls across U.S.
Growth Factors:
- Increasing demand for corrugated bulk bins from the food and beverage industry as a result of the growing popularity of ready-to-eat and processed foods.
- The increasing use of corrugated bulk bins in warehouses and distribution centers to store, organize, and transport goods.
- The growing demand for corrugated bulk bins from the retail sector due to their ability to improve product visibility and increase merchandising space.
- Rising adoption of automated storage solutions that require corrugated bulk bins for efficient handling and organization of goods within warehouses and distribution centers.
Scope Of The Report
Report Attributes
Report Details
Report Title
Corrugated Bulk Bins Market Research Report
By Type
Hinged, Totes, Pallets
By Application
Food, Pharmaceutical, Chemical, Consumer Goods, Tobacco
By Companies
Greif Inc., International Paper Company, Jayaraj Fortune Packaging Pvt. Ltd, Larsen Packaging Products Inc., Mondi, Packaging Corporation of America, Saica Group, Smurfit Kappa, Sonoco, Supack Industries Pvt. Ltd, WestRock Company
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
203
Number of Tables & Figures
143
Customization Available
Yes, the report can be customized as per your need.
Global Corrugated Bulk Bins Market Report Segments:
The global Corrugated Bulk Bins market is segmented on the basis of:
Types
Hinged, Totes, Pallets
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food, Pharmaceutical, Chemical, Consumer Goods, Tobacco
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Greif Inc.
- International Paper Company
- Jayaraj Fortune Packaging Pvt. Ltd
- Larsen Packaging Products Inc.
- Mondi
- Packaging Corporation of America
- Saica Group
- Smurfit Kappa
- Sonoco
- Supack Industries Pvt. Ltd
- WestRock Company
Highlights of The Corrugated Bulk Bins Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Hinged
- Totes
- Pallets
- By Application:
- Food
- Pharmaceutical
- Chemical
- Consumer Goods
- Tobacco
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Corrugated Bulk Bins Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
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- Correctly Positioning New Products
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
A corrugated bulk bin is a large, rectangular container made of corrugated metal. The containers are used to store large quantities of materials, such as grains or coal. They are also used to store products that require protection from weather conditions, such as fertilizer or lumber.
Some of the major players in the corrugated bulk bins market are Greif Inc., International Paper Company, Jayaraj Fortune Packaging Pvt. Ltd, Larsen Packaging Products Inc., Mondi, Packaging Corporation of America, Saica Group, Smurfit Kappa, Sonoco, Supack Industries Pvt. Ltd, WestRock Company.
The corrugated bulk bins market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Corrugated Bulk Bins Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Corrugated Bulk Bins Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Corrugated Bulk Bins Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Corrugated Bulk Bins Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Corrugated Bulk Bins Market Size & Forecast, 2018-2028
4.5.1 Corrugated Bulk Bins Market Size and Y-o-Y Growth
4.5.2 Corrugated Bulk Bins Market Absolute $ Opportunity
Chapter 5 Global Corrugated Bulk Bins Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Corrugated Bulk Bins Market Size Forecast by Type
5.2.1 Hinged
5.2.2 Totes
5.2.3 Pallets
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Corrugated Bulk Bins Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Corrugated Bulk Bins Market Size Forecast by Applications
6.2.1 Food
6.2.2 Pharmaceutical
6.2.3 Chemical
6.2.4 Consumer Goods
6.2.5 Tobacco
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Corrugated Bulk Bins Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Corrugated Bulk Bins Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Corrugated Bulk Bins Analysis and Forecast
9.1 Introduction
9.2 North America Corrugated Bulk Bins Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Corrugated Bulk Bins Market Size Forecast by Type
9.6.1 Hinged
9.6.2 Totes
9.6.3 Pallets
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Corrugated Bulk Bins Market Size Forecast by Applications
9.10.1 Food
9.10.2 Pharmaceutical
9.10.3 Chemical
9.10.4 Consumer Goods
9.10.5 Tobacco
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Corrugated Bulk Bins Analysis and Forecast
10.1 Introduction
10.2 Europe Corrugated Bulk Bins Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Corrugated Bulk Bins Market Size Forecast by Type
10.6.1 Hinged
10.6.2 Totes
10.6.3 Pallets
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Corrugated Bulk Bins Market Size Forecast by Applications
10.10.1 Food
10.10.2 Pharmaceutical
10.10.3 Chemical
10.10.4 Consumer Goods
10.10.5 Tobacco
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Corrugated Bulk Bins Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Corrugated Bulk Bins Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Corrugated Bulk Bins Market Size Forecast by Type
11.6.1 Hinged
11.6.2 Totes
11.6.3 Pallets
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Corrugated Bulk Bins Market Size Forecast by Applications
11.10.1 Food
11.10.2 Pharmaceutical
11.10.3 Chemical
11.10.4 Consumer Goods
11.10.5 Tobacco
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Corrugated Bulk Bins Analysis and Forecast
12.1 Introduction
12.2 Latin America Corrugated Bulk Bins Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Corrugated Bulk Bins Market Size Forecast by Type
12.6.1 Hinged
12.6.2 Totes
12.6.3 Pallets
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Corrugated Bulk Bins Market Size Forecast by Applications
12.10.1 Food
12.10.2 Pharmaceutical
12.10.3 Chemical
12.10.4 Consumer Goods
12.10.5 Tobacco
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Corrugated Bulk Bins Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Corrugated Bulk Bins Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Corrugated Bulk Bins Market Size Forecast by Type
13.6.1 Hinged
13.6.2 Totes
13.6.3 Pallets
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Corrugated Bulk Bins Market Size Forecast by Applications
13.10.1 Food
13.10.2 Pharmaceutical
13.10.3 Chemical
13.10.4 Consumer Goods
13.10.5 Tobacco
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Corrugated Bulk Bins Market: Competitive Dashboard
14.2 Global Corrugated Bulk Bins Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Greif Inc.
14.3.2 International Paper Company
14.3.3 Jayaraj Fortune Packaging Pvt. Ltd
14.3.4 Larsen Packaging Products Inc.
14.3.5 Mondi
14.3.6 Packaging Corporation of America
14.3.7 Saica Group
14.3.8 Smurfit Kappa
14.3.9 Sonoco
14.3.10 Supack Industries Pvt. Ltd
14.3.11 WestRock Company
