With the exponentially increasing industrial output, demand for packaging, particularly bulk packaging has increased significantly where laminated bulk bins market finds lucrative opportunities. As laminated bulk bins are made up of either paperboard or plastic, they find extensive application in the food & beverage, electronics & electrical, and pharmaceutical sectors. Growing reliance on the paperboard packaging solution amidst the trend of eco-friendly packaging is one of the prominent factor driving the progress of the laminated bulk bins market.
A wide range of laminated bulk bins is available in the market such as single walled, double walled, and heavy duty laminated boxes to suit a broad client base. Mushrooming SMEs have increased warehousing spaces where heavy duty and foldable laminated bulk bins are highly sought after which serves benefits in terms of saving time, handling efforts, cost, and reduced product damage. This, in turn, assists in maximizing the overall warehousing efficiencies.
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Global Laminated Bulk Bins Market: Segmentation
The global Laminated Bulk Bins market is segmented on the basis of material type, end use, and geography.
On the basis of material type, the global laminated bulk bins market is segmented into
- Paper
- Corrugated Paper
- Kraft Paper
- Plastics
Paper segment is expected to lead the global laminated bulk bins market in terms of material type. The high adoption ratio of paper based laminated bulk bins is also attributed to their recyclability as compared to the plastic based laminated bulk bins.
On the basis of end use, the global laminated bulk bins market is segmented into
- Food & Beverages
- Electronics & Electricals
- Pharmaceuticals
Food & beverages end user is expected to account for the largest market share in the global laminated bulk bins market. The growth can be attributed to high demand for the fresh produce bulk transportation for exports and imports.
On the basis of region, the global laminated bulk bins market is segmented into
- North America
- Latin America
- Middle East & Africa
- Europe
- Asia Pacific
North America is expected to lead the global laminated bulk bins market. The region off late has been witnessing a steep rise in the demand of its food and chemical applications. One third of the agricultural land in the U.S. is meant particularly for exports which drives the need of bulk packaging. Laminated bulk bins offer several advantages such as reusability and cost efficiency, leading to their wide applicability across the various end users.
Among the European countries, Germany alone has a share of nine percent in total world’s merchandise exports which is even larger than the export percentage of the U.S. It has not only supported its home states, it has also helped in improving the economy of its Eastern European countries. Germany recorded exports worth 118,248 million euros in the month of January’2017 which is self-explanatory of the strong position of Germany all over the globe. This increased demand for exports is further driving the growth of the laminated bulk bins market in the European region.
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Regional Segments Analyzed Include
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC, S. Africa, N. Africa)
Compilation of authentic and first-hand intelligence, insights offered in the report are based on quantitative and qualitative assessment by leading industry experts, and inputs from opinion leaders & industry participants around the value chain. Growth determinants, macroeconomic indicators, and parent market trends have been scrutinized and delivered, coupled with the market attractiveness for each market segment encompassed. Qualitative impact of growth influencers on the market segments across regions has also been mapped by the report.
Global Laminated Bulk Bins Market: Tier Analysis
Key players under the Tier 1 category having a market share between 3%-5% are International Paper Company and WestRock Company. Players in the Tier 2 category have a market share between 1-3%, this category includes J Hill Container Company, Inc. and Bulk Handling Australia. Other players in the Tier 3 category are Elsons International etc.
This analytical research study imparts an all-inclusive assessment on the market, while propounding historical intelligence, actionable insights, and industry-validated & statistically-upheld market forecast. Verified and suitable set of assumptions and methodology has been leveraged for developing this comprehensive study. Information and analysis on key market segments incorporated in the report has been delivered in weighted chapters. A thorough analysis has been offered by the report on
- Market Dynamics
- Market Size
- Market Segments
- Demand & Supply Trends
- Current Issues and Challenges
- Companies and Competitor Landscape
- Value Chain
- Technology
Key Countries Covered
- U.S
- Canada
- Brazil
- Mexico
- Germany
- U.K.
- France
- Spain
- Italy
- BENELUX
- South Africa
- GCC
- China
- Japan
- South Korea
- India
- Indonesia
- Malaysia
- Singapore
- Australia
- New Zealand
Key Regions Covered
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
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The report covers following Laminated Bulk Bins Market insights and assessment that are helpful for all participants involved in the Laminated Bulk Bins market:
- Data on recently introduced regulations and their impact on key industries and on demand in Automotive Hoses
- Latest industry Analysis on Laminated Bulk Bins Market, with key analysis of market drivers, trends, and influencing factors
- Key trends Analysis of Laminated Bulk Bins Market and changing consumer preferences in major industries.
- Changing Laminated Bulk Bins demand and consumption of diverse products
- Major trends underlining funding by key investors in numerous countries
- New investment opportunities in diverse technology and product or service types
- Comprehensive data and Competitive analysis of Laminated Bulk Bins major players
- Laminated Bulk Bins Market sales in US will grow at a steady pace, driven by growing consumer confidence and economic recovery
- Laminated Bulk Bins demand forecast in Europe remains stable, as many countries such as UK, France, and Germany focus on boosting growth
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