Industrial Bulk Packaging Market

• Rise in food product demand around the world is driving the market growth

The market for industrial bulk packaging is anticipated to grow as a result of a rise in food product demand around the world. Due to changes in consumer preferences, governmental policies, and food storage, there is an increase in the demand for packaged goods. The increased food safety concern caused by the outbreak has led to many people favoring packaged food over unpackaged food. Packaging materials serve a critical role in supporting the food business by guaranteeing the secure handling and storage of food products.

A few weeks before the holiday season, packaged food sales climbed by 95% year over year, according to Bizom data, an Indian company that provides retail analytics. This spike was caused by rising out-of-home consumption and ready-to-eat products. Therefore, the expansion of the industrial bulk packaging market will be fueled by an increase in demand for food goods.

The industrial bulk packaging industry is primarily being driven by the surge in demand from the chemical and petroleum sectors. Bulk packaging and crates/totes are in more demand due to increased output across numerous industries and trading of goods like chemicals and petroleum products. Building & construction and chemical industries are only two examples of the end-use industries that industrial bulk packaging companies serve. Effective industrial bulk packaging is more in demand from various industries as a result of expanding international trade and the secure transit of goods.

In the industrial bulk packaging market, technological progress is a major trend that is becoming more popular. In order to provide better packaging solutions, businesses are using artificial intelligence to help with computer and algorithm use. Al is utilized in a number of purposes, including product recycling, data marking, and inspection. To increase the efficiency and environmental responsibility of shipments, DHL Supply Chain launched a new on-demand packaging option to its corporate clients in April 2022.

The Al-powered OptiCarton technology will help with the optimization of box filling from a predefined set of cartons and may even suggest splitting orders into numerous consignments to reduce the cost or carbon footprint of individual shipments. Thus, driving the industrial bulk packaging market revenue.

CDF Corporation has just introduced a new manufacturing line for Form-Fit intermediate bulk container (IBC) liners in October 2023. The production line will be located in the advanced facility of J Natzan Kunststoffverarbeitung GmbH & Co KG in Lienen, Germany. Natzan, renowned for its meticulousness in plastic packaging and specialized heat-sealing solutions, will join forces with CDF in this endeavor. The agreement highlights the dedication of both firms to providing innovative solutions in the field of flexible packaging.

The collaboration between CDF and Natzan spans six years, demonstrating their mutual commitment to customizing packaging solutions to satisfy the specific requirements of the sector. The effort is scheduled to be fully operational by the end of 2023, signifying CDF's second European expansion following the integration of Quadpak AB into its alliance in 2013. The Lienen factory will focus on manufacturing multi-ply Form-Fit and pillow-style liners specifically for the Intermediate Bulk Container (IBC) sector. These liners typically serve makers of liquid to extremely viscous products, providing environmentally conscious and cost-efficient bulk packaging options that range from 220 to 1500 liters.

The Global Industrial Bulk Packaging Market Industry is significantly influenced by the expansion of e-commerce and online retail. As more consumers turn to online shopping, the demand for bulk packaging solutions that ensure product safety during transit is increasing. Companies are investing in innovative packaging designs that enhance durability and reduce waste. The rise of e-commerce logistics has led to a greater emphasis on efficient packaging that can withstand the rigors of shipping. This trend is likely to propel the market forward, with a projected CAGR of 4.7% from 2025 to 2035, reflecting the growing need for effective bulk packaging solutions.

The Global Industrial Bulk Packaging Market Industry is benefiting from the increasing volume of global trade and logistics activities. As international trade expands, the need for reliable and efficient bulk packaging solutions becomes paramount. Industries such as agriculture, chemicals, and construction are particularly reliant on bulk packaging for transporting goods across borders. The growth of logistics networks and trade agreements facilitates smoother transportation, thereby boosting demand for bulk packaging. This trend is expected to contribute to the market's expansion, with projections indicating a robust growth trajectory in the coming years.

The Global Industrial Bulk Packaging Market Industry is experiencing a notable shift towards sustainable packaging solutions. As environmental concerns gain prominence, companies are increasingly adopting eco-friendly materials and practices. This trend is driven by regulatory pressures and consumer preferences for sustainable products. For instance, the use of biodegradable and recyclable materials is on the rise, with many manufacturers committing to reducing their carbon footprint. This shift is expected to contribute to the market's growth, with projections indicating a market value of 66.1 USD Billion in 2024, potentially reaching 109.6 USD Billion by 2035.

Technological advancements in packaging machinery are playing a crucial role in the Global Industrial Bulk Packaging Market Industry. Innovations such as automation, smart packaging, and improved sealing technologies are enhancing efficiency and reducing operational costs. These advancements enable manufacturers to produce bulk packaging solutions that meet the evolving demands of various industries, including food and beverage, chemicals, and pharmaceuticals. As companies seek to optimize their production processes, the integration of advanced machinery is expected to drive market growth. The ongoing investment in technology is indicative of a broader trend towards modernization within the packaging sector.

The Global Industrial Bulk Packaging Market Industry is also shaped by changing consumer preferences, particularly the growing demand for convenience and ready-to-use products. As lifestyles become increasingly fast-paced, consumers are gravitating towards products that offer ease of use and quick access. This trend is evident in sectors such as food and beverage, where bulk packaging solutions that provide portion control and easy dispensing are gaining traction. Manufacturers are responding by developing packaging that aligns with these preferences, thereby driving market growth. The focus on convenience is likely to remain a key driver in the evolving landscape of bulk packaging.

By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North American industrial bulk packaging market area will dominate this market. The growth in the chemical and pharmaceutical industries' demand is a factor in the expansion. The region's tight rules controlling the safe transportation and storage of hazardous items are another factor driving the demand for industrial bulk packaging in the area. In addition, as demand for eco-friendly packaging solutions rises, the market in North America is growing.

Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: INDUSTRIAL BULK PACKAGING MARKET SHARE BY REGION 2022 (USD Billion) Source: Secondary Research, Primary Research, Market Research Future Database and Analyst Review

Europe industrial bulk packaging market accounts for the second-largest market share. The region's growth is being driven by an increase in packaged goods demand from the food and beverage sectors. The region's expanding inclination toward packaged food and drink products is what's driving the market for industrial bulk packaging. Additionally, due to the growing need for environmentally friendly and sustainable packaging choices, the market in Europe is growing. Further, the German industrial bulk packaging market held the largest market share, and the UK industrial bulk packaging market was the fastest growing market in the European region

The Asia-Pacific Industrial Bulk Packaging Market is expected to grow at the fastest CAGR from 2023 to 2032. The growth of the region's economy is a result of increased demand from industries including agriculture, the production of food and beverages, and chemicals. In countries like China and India, where urbanization and population growth are on the rise, packaged goods demand is being driven by these factors, along with industrial bulk packaging need. Moreover, China’s industrial bulk packaging market held the largest market share, and the Indian industrial bulk packaging market was the fastest growing market in the Asia-Pacific region.

Leading market players are investing heavily in research and development in order to expand their product lines, which will help the industrial bulk packaging market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, industrial bulk packaging industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the industrial bulk packaging industry to benefit clients and increase the market sector. In recent years, the industrial bulk packaging industry has offered some of the most significant advantages to medicine. Major players in the industrial bulk packaging market are attempting to increase market demand by investing in research and development operations includes My Flexitank Industries Sdn Bhd, Greif, Inc., Shandong Anthente New Materials Technology Co. Ltd,, International Paper Company, Büscherhoff Spezialverpackung GmbH & Co.

KG, Bulk Lift International, Inc., Bemis Company, Inc., Environmental Packaging Technologies, Inc., Hoover Ferguson Group, and Schuetz GmbH & Co. KGaA.

The Bemis Company, Inc. was a leading producer of pressure-sensitive materials as well as flexible packaging goods (including self-venting cook-in-bag packaging, retort packaging for shelf-stable items, vacuum packaging for meat products, and puncture-resistant, sterile medical packaging). The corporation was based in Neenah, Wisconsin, in the United States. Its branches were dispersed over 12 different countries, and its packaging films and adhesives were offered for sale everywhere.

Schuetz GmbH & Co. KGaA designs and makes metal and plastic goods. The company provides systems for industrial services, energy, and packaging. In addition to coils, plates, and split bars, Schuetz also offers steel and plastic drums, underfloor heating systems, and harvesting systems. International clients are served by Schuetz. The SCHÜTZ group's competency center is located at its headquarters in Selters, Westerwald. Not only do the new items start here, but all the machines and production facilities are also developed and built on-site for the production of goods all over the world.