The Future of Intermediate Bulk Containers in Industry

The Future of Intermediate Bulk Containers in Industry In today’s time and age, intermediate bulk containers (IBCs) are an indispensable tool for handling, storing, and transporting liquids, chemicals, pharmaceuticals, and food products. As per reports from the SNS Insider Research, the IBC market size is going to expand – it is likely to reach USD 15.42 Billion by 2032, at a CAGR of 5.50% during the forecast period of 2024-2032. Over time, IBCs have been updated and enhanced to reduce product and packaging wastage, optimise logistics and create an overall efficient shipping process. Below are a few trends and innovations that will shape the future of intermediate bulk containers and their impact on various industries. Some of these have already caught on. Let’s take a look at those. Enhanced Focus on Sustainability Modern businesses are looking for greener and more sustainable packaging solutions to minimise their carbon footprint, courtesy of rising environmental concer...