The corrugated bulk bins are made of wood pulp, which can be recycled. Recycling helps in mitigating solid waste disposal. Recycling of corrugated bulk bins or boxes enables to save tons of waste produced from packaging industry. It also helps in reducing greenhouse gas emissions that led to climate change. The supportive government regulations for using non-biodegradable materials in Europe and North America have fueled the demand for corrugated bulk bins which helps drive market growth.
MARKET DYNAMICS
The growing demand from end use industries such as packaging, food & beverage and pharmaceutical industry is anticipated to drive the market growth. In addition growing industrial activities mostly from the emerging economies, rise in consumer income and increasing sale from e-commerce platform are the key factors attributed to the market growth. Moreover, availability of low-cost alternatives restraints the market growth.
MARKET SCOPE
The "Global Corrugated Bulk Bins Market Analysis to 2028" is a specialized and in-depth study of the chemicals & materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the corrugated bulk bins market with detailed market segmentation by type, load capacity, format and application. The global corrugated bulk bins market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading corrugated bulk bins market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global corrugated bulk bins market is segmented into type, load capacity, format and application. By type, the corrugated bulk bins market is classified into hinged, totes, pallets, and others. By load capacity, the corrugated bulk bins market is segmented into below 1,000 Kg, 1,000-1,500 Kg, and more than 1,500 Kg. By format, the corrugated bulk bins market is segmented into single wall, double wall, tripple wall, and others. By application, the corrugated bulk bins market is segmented into food & beverage, automotive, healthcare, chemical, building & construction, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global corrugated bulk bins market based on various segments. It also provides market size and forecast estimates from the year 2017 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The corrugated bulk bins market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the corrugated bulk bins market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the corrugated bulk bins market in these regions.
MARKET PLAYERS
The report covers vital developments in the corrugated bulk bins market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the corrugated bulk bins market are anticipated to witness lucrative growth opportunities in the future with the rising demand for corrugated bulk bins in the global market. Below mentioned is the list of few companies engaged in the corrugated bulk bins market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the corrugated bulk bins market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
1. International Paper
2. WestRock Company
3. Mondi
4. Georgia-Pacific, LLC.
5. Greif
6. Smurfit Kappa
7. Packaging Corporation of America
8. B&B Triplewal Containers Ltd
9. DS Smith
10. Larsen Packaging Products, Inc.