Reusable Packaging News No. 3, 2019 Bulk Container Special - Page 14

intermediate bulk containers,” says the report by FMI.

- Strong growth in the preference for flexible packaging solutions over rigid counterparts is driving FIBCs (flexible IBCs) to hold a larger value share over RIBCs (rigid IBCs) in the intermediate bulk container market

- Accounting for an approximate value share of 80%, collectively, food & beverages, industrial chemicals, and building & construction industries remain predominant consumers of the intermediate bulk container market.

- High suitability for transportation and storage of corrosive chemicals is accounting for towering sales of HDPE-bottled RIBCs in the intermediate bulk container market

- Environmental stress cracking resistance is emerging a vital QA measure for manufacturers of intermediate bulk containers

Paper Intermediate Bulk Containers Gaining Traction in F&B Industry

A majority of intermediate bulk container demand remains concentrated in food & beverages, industrial chemicals, and building & construction industries, as indicated by the study. IBC adoption in the F&B industry is, however, witnessing a higher annual growth rate, says the report.

Paper and paperboard intermediate bulk containers are recently gathering traction in the food and beverages vertical. In addition to economical handling costs, a significantly less filling and discharging time associated with paper intermediate bulk containers is positioning them as an ideal IBC candidate for the F&B industry.

An additional benefit in terms of transporting and warehousing space consumption is also cited as an important factor pushing the adoption of paper intermediate bulk containers among food and beverages industry operators.

A variety of RIBCs remain the preferred standard choice for packaging and transportation of bulk chemicals, and paints & dyes, whereas emerging application opportunities in non-hazardous bulk fluid transportation are projected to provide a strong push to the demand for FIBCs – especially flexitanks. The report spots substantial applicability of flexitanks to be arising in segments such as juices, syrups, & other food-grade liquids, wines, and oils.

14 anuary, 2012