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Showing posts with the label Global Bulk Container Packaging Market

Bulk Container Packaging Market to Expand due to Escalating Commodity Export in Asia Pacific

Transparency Market Research (TMR) has released a new research report, titled “ Bulk Container Packaging Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 - 2020 ”. TMR states that the  global bulk container packaging market  stood at US$2.22 billion in 2013 and will reach US$4.21 billion by 2020, increasing at a CAGR of 9.7% from 2014 to 2020. Increasing oil exports from Southeast Asia, combined with the flourishing global wine trade, are projected to fuel the bulk container packaging market. Moreover, the capacity of flexitanks to carry large volumes of commodities enhances cost and operational efficiency, which will boost the market.Bulk container packaging constitutes products used for high volume or bulk packaging, which are used for sea, road, or rail transportation.  However, volatile feedstock prices pose a challenge to the growth of this market. Expansion of the commodity trade in BRIC countries will be favorable for the...