Reusable Packaging News No. 3, 2019 Bulk Container Special - Page 11

IBC Liners Market Will hit at a CAGR of 5.0% to 2028

Global IBC (intermediate bulk containers) liners consumption will lead to a market valuation of over US$ 1 billion towards the end of 2028, according to a new analytical study by Future Market Insights (FMI). The global market for IBC liners has been projected to expand at a promising CAGR of 5% during the 10-year forecast period 2018-2028. The report attributes this growth to a billowing consumption of IBC liners among food & beverage as well as chemical manufacturers.

Furthermore, demand for aseptic IBC liners is gaining traction with the increasing urgency to maintain the freshness and aroma of the content stored. The aseptic IBC liner segment holds more than 70% of the total market share, by filling technology.

14 anuary, 2012

RPN

Reusable Packaging News