Product ID: UCMIG15E2617
Report ID:
UCMIG15E2617 |
Region:
Global |
Published Date: Upcoming |
Pages:
165
| Tables: 55 | Figures: 60
The estimated value of the global market for intermediate bulk container liners reached USD 948.8 million in 2022 and is anticipated to experience a compound annual growth rate (CAGR) of 5.4% throughout the forecast period from 2023 to 2030. The expansion of this market is linked to the rising prevalence of international trade agreements, particularly in regions like Asia Pacific, Central & South America, and others. Notably, countries such as Chile and Brazil export significant quantities of tomato pastes and purees to major trading partners such as the U.S. and Canada. The U.S. market for Intermediate Bulk Container (IBC) liners is being propelled by the increased exportation of food and beverage products, including vegetable oils and milk, to key international destinations like China and Canada.
This report is being written to illustrate the market opportunity by region and by segments, indicating opportunity areas for the vendors to tap upon. To estimate the opportunity, it was very important to understand the current market scenario and the way it will grow in future.
Production and consumption patterns are being carefully compared to forecast the market. Other factors considered to forecast the market are the growth of the adjacent market, revenue growth of the key market vendors, scenario-based analysis, and market segment growth.
The market size was determined by estimating the market through a top-down and bottom-up approach, which was further validated with industry interviews. Considering the nature of the market we derived the Specialty Chemicals by segment aggregation, the contribution of the Specialty Chemicals in Diversified Materials and vendor share.
To determine the growth of the market factors such as drivers, trends, restraints, and opportunities were identified, and the impact of these factors was analyzed to determine the market growth. To understand the market growth in detail, we have analyzed the year-on-year growth of the market. Also, historic growth rates were compared to determine growth patterns.
Our industry expert will work with you to provide you with customized data in a short amount of time.
REQUEST FREE CUSTOMIZATIONWant to customize this report? This report can be personalized according to your needs. Our analysts and industry experts will work directly with you to understand your requirements and provide you with customized data in a short amount of time. We offer $1000 worth of FREE customization at the time of purchase.
Product ID: UCMIG15E2617