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Rigid Bulk Packaging

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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 – PowerPoint PPT presentation

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Title: Rigid Bulk Packaging


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Rigid Bulk Packaging .
One-Stop Shop for Business Information
2
Summary
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.
3
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.
4
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.
5
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.
6
Table Of Content
  1. EXECUTIVE SUMMARY
  2. MARKET ENVIRONMENT
  3. MATERIALS
  4. PRODUCTS
  5. MARKETS
  6. INDUSTRY STRUCTURE

7
  • To know more
  • Rigid Bulk Packaging

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