Europe Rigid Bulk Packaging Market Size
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| Market Size (2024) | USD 29.64 Billion |
| Market Size (2029) | USD 33.17 Billion |
| CAGR (2024 - 2029) | 2.27 % |
| Market Concentration | Medium |
Major Players
*Disclaimer: Major Players sorted in no particular order |
Europe Rigid Bulk Packaging Market Analysis
The Europe Rigid Bulk Packaging Market size is estimated at USD 29.64 billion in 2024, and is expected to reach USD 33.17 billion by 2029, growing at a CAGR of 2.27% during the forecast period (2024-2029).
- In Europe, rigid bulk packaging is in high demand due to the growing demand for shipping containers, which are used for transporting raw materials and finished goods such as metal, minerals, oil & gas, chemicals, machinery, cars, aircraft components, etc. According to the PortEconomics report, Rotterdam Port handled around 14.5 million twenty-foot equivalent units (TEUs) of containers in 2022, making it the European Union's largest container port. The second-largest container port in the EU was Antwerp-Brussels, handling about 13.5 TEUs million.
- Rigid bulk packaging also provides a higher level of shipment safety compared to flexible bulk. Currently, the manufacturers are also adopting rigid bulk packaging to reduce emissions from transportation as a larger volume can be shipped at the same time, resulting in lower CO2 emissions. The European Union has set ambitious long-term environmental and climate change objectives. Thereby, the businesses are gravitating majorly towards the rigid bulk packaging in the region.
- The rapid urbanization and industrialization are further expected to stimulate the manufacturing and construction industries especially in several developing economies which is further expected to increase the production of various chemicals thereby benefiting the rigid bulk packaging market growth. In addition, trade agreements between several nations across the globe are expected to increase the imports and exports between these countries thereby favoring the market growth.
- Growing industries such as chemicals, construction, and the food and beverage industry are expected to recover in a V-shape from the crisis. As per the American Chemistry Council, the chemicals production growth in Europe was anticipated to drop to a negative 2.2% during 2020; however, during 2021, it recovered and witnessed a growth of 3.1% in 2021 to a stable 1.6% growth in 2022. This growth is expected in the forecast period, consequently attributing to the demand for rigid bulk drums and IBCs for chemicals.
- However, the market for rigid bulk packaging in Europe is expected to face the challenge of changing raw material prices over the next few years. The raw materials that are commonly used in rigid bulk packaging are plastic, paper board, and steel material. T
- The raw material prices are one of the most important factors that influence the price of the final products. Therefore, raw material price fluctuations are a major issue for vendors in Europe.
- In November 2022, the European Commission incorporated a proposal for Packaging Waste Regulation (Proposal). Under the proposal, all packaging would be required to be recycled. This applies to pallets and bulk boxes, plastic crates and intermediate bulk containers (excluding cardboard trays), drums, and canisters (all sizes and materials). Therefore, in Europe, bulk packaging manufacturers are increasing the use of eco-friendly recycled material.
Europe Rigid Bulk Packaging Market Trends
Robust Demand from the Food and Beverage Segment Aids the Market Growth
- Europe's bulk rigid packaging market is one of the fastest-growing global markets, driven by the growing needs of end-use industries such as food and beverage industries. As per the EU Food and Drink Industry Report 2022, the European Union is also the world's biggest exporter of food and drink products, with exports amounting to EUR 156 billion (USD 169.71 billion).
- For instance, rapeseed oil dominates in markets like Europe, owing to its abundant production in the regional market and its wide application in the biodiesel, food, and animal feed industries. Germany and France are the leading consumers of rapeseed oil in the regional market.
- Moreover, the utilization of vegetable oil in mechanical industries for making lubricants and oleochemicals, which is a non-food applicant, has a significant share in the global market. The increasing demand for vegetable oils in Europe drives the need for safe bulk packaging mediums.
- Europe is the world's largest wine producer and exporter. The increasing production and consumption of wine in Europe will drive the growth of the European rigid bulk packaging market. The increasing wine production, consumption, and export will lead to an increase in the need for cost-efficient and secure transportation solutions.
- Furthermore, the rigid bulk packaging market is anticipated to benefit from the expanding food & beverage sector, driven by factors such as population growth, higher disposable incomes, and increased consumer spending. Many food items, such as ready-made meals, need multiple ingredients in large amounts, leading to an increased need for sturdy bulk packaging materials.
- Wine producers in Europe use rigid bulk packaging for their wine transportation because it allows for twice the volume of shipment compared to individual unit shipments. According to OIV, Approximately 4.6 million hectoliters of wine were produced in Romania in 2023.
Germany is Anticipated to Witness a Robust Growth in the Future
- Industries are the backbone of Germany's economy. It is one of the most competitive and innovative industries in the world. Germany's manufacturing industry accounts for around 23% of Gross Value Added (GVA), a level that has remained stable over the past two decades. This is higher than the EU average of 16.2%. Even globally, Germany boasts one of the most robust industrial economies in the world. Its industry contributes more to GDP than that of France, the United Kingdom, or the United States.
- Owing to the increasing market demand, the manufacturers are innovating industrial bulk containers, drums, pails, and other products with varied technological advancements. For instance, in August 2023, a German-based industrial packaging company, Schütz GmbH & Co, announced that it would continue developing and improving its IBC and parts. The packaging specialist would present the CC/FC Breather, an innovative ventilation system specially designed for the IBC series.
- According to Germany Trade and Invest (GTAI), Germany has the largest pharmaceutical market in Europe and the fourth largest globally. One of the main reasons for the growth of the Pharmaceutical market in Germany is the high level of investment in the pharmaceutical sector. Germany has a strong and well-known pharmaceutical sector, with several leading pharmaceutical companies. IBCs and other bulk containers are used extensively in the pharmaceutical industry for storage, transportation, and as in-container blending vessels. The growth in the pharmaceutical industry would proportionately increase the demand for rigid bulk packaging in the country.
- Also, it addresses the increasing issue of plastic waste, which has been a major issue in recent years. Since January 2023, all packaging in Germany was required by law to be recyclable or reusable. The implementation of this law in Germany is taking important steps to reduce waste and safeguard the environment by requiring the use of reusable or recycled packaging. Therefore, rigid bulk packaging manufacturers across the country are considering more recyclable and reusable materials.
- Various initiatives in the food industry undertaken in Germany are expected to strengthen the rigid bulk packaging market growth. According to Statistisches Bundesamt, in 2023, Germany exported milk and dairy products worth around USD 12.95. Such massive exports and import value is expected to create a growth opportunity for the market studied in the region.
Europe Rigid Bulk Packaging Industry Overview
The Europe rigid bulk packaging market is moderately competitive with the presence of major players like ORBIS Corporation, Greif Inc., Schoeller Allibert Services B.V., Obal Centrum S.R.O, and more in the market. Additionally, the other major players in the market are adopting acquisition and partnership strategies to enter the market and grow their offerings.
In May 2023, the world's leading reusable packaging company, Tosca, introduced a new LCA (Life Cycle Analysis) tool to assist bulk liquid transportation companies in reducing their environmental impact by choosing the most sustainable liquid intermediate bulk containers (IBC). The analysis covers Schütz containers, stainless steel containers, steel drums, and nestable plastic drums.
In December 2022, Schoeller Allibert, based out of the Netherlands, Europe, launched the Fill Level feature for intermediate bulk containers (IBCs) management. The purpose of the system is to automate fill-level monitoring. Fill-level monitoring typically requires manual inspection of each container, which is time-consuming and requires a lot of staff.
Europe Rigid Bulk Packaging Market Leaders
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ORBIS Corporation
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Schoeller Allibert Services B.V.
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Greif Inc.
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Basca Srl
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Obal Centrum S.R.O.
*Disclaimer: Major Players sorted in no particular order
Europe Rigid Bulk Packaging Market News
- March 2023 - ALPLA Group, a bulk packaging manufacturer based out of Europe, notified that it would be marketing all activities related to large-volume plastic packaging for the industrial and commercial market under the brand ALPLA Industrial. A year and a half after Wolf Plastics' (WPL) acquisition, the global leader is consolidating its portfolio, which includes the subsidiary and the market leader in Central and Southeast Europe, and is expanding it to cover products made of Post-consumer Recycled (PCR's) material, setting the foundation for future growth.
- July 2022 - Germany's key tight-head drums manufacturer, Duttenhofer, has invested in the technology of producing traceability for drums. Herma's integrated technology includes labels for QR codes and a print-and-apply solution to implement traceability for chemicals-containing tight-head drums. The company is among the first in the sector to introduce traceability for some of its clients, including the world's leading chemical companies.
Europe Rigid Bulk Packaging Market Report - Table of Contents
1. INTRODUCTION
1.1 Study Assumptions and Market Definition
1.2 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET INSIGHTS
4.1 Market Overview
4.2 Industry Value Chain Analysis
4.3 Industry Attractiveness - Porter's Five Forces Analysis
4.3.1 Bargaining Power of Suppliers
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Threat of New Entrants
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
4.4 Market Dynamics
4.4.1 Market Drivers
4.4.1.1 Increase in Production and Consumption of Wine Across the Region
4.4.1.2 Demand for Safety Shipment Have Boosted the Market Growth
4.4.2 Market Restraints
4.4.2.1 Fluctuating Cost of Raw Materials
5. MARKET SEGMENTATION
5.1 By Material
5.1.1 Pastic
5.1.2 Metal
5.1.3 Wood
5.1.4 Other Materials
5.2 By Product
5.2.1 Industrial Bulk Containers
5.2.2 Drums
5.2.3 Pails
5.2.4 Bulk Boxes
5.2.5 Other Bulk Containers
5.3 By End-user Industry
5.3.1 Food
5.3.2 Beverage
5.3.3 Industrial
5.3.4 Pharmaceutical and Chemical
5.3.5 Other End-user Industries
5.4 By Country
5.4.1 United Kingdom
5.4.2 Germany
5.4.3 France
5.4.4 Italy
5.4.5 Spain
6. COMPETITIVE LANDSCAPE
6.1 Company Profiles*
6.1.1 ORBIS Corporation
6.1.2 Schoeller Allibert Services B.V.
6.1.3 Basca Srl
6.1.4 Greif Inc.
6.1.5 Obal Centrum S.R.O
6.1.6 Martin Contenedores Para Logistica, SL
6.1.7 Tank International S.R.L
6.1.8 P. Wilkinson Containers Ltd
6.1.9 ALPLA Group
6.1.10 CurTec Nederland B.V.
6.1.11 ITP Packaging
6.1.12 Schutz GmbH & Co
6.1.13 PTM mechatronics GmbH
6.1.14 Tosca Ltd
7. INVESTMENT ANALYSIS
8. MARKET OPPORTUNITIES AND FUTURE TRENDS
Europe Rigid Bulk Packaging Industry Segmentation
Rigid bulk packaging is a high-strength packaging solution mainly used in packaging products that are sensitive and perishable. The global market for rigid bulk packaging is expected to grow due to the increasing demand from the chemical, pharmaceutical, and food & beverages industries. The demand for reusable bulk packaging is also increasing due to the cost-effectiveness of reusable bulk containers compared to smaller containers.
The Europe rigid bulk packaging market is segmented by material (plastic, metal, wood, and other materials), by product (industrial bulk containers, drums, pails, bulk boxes, and other bulk containers), and by end-user industry (food, beverage, industrial, pharmaceutical and chemical, other end-user industries), and by country (United Kingdom, Germany, France, Italy, Spain, and Rest of Europe). The market sizes and forecasts are provided in terms of value USD for all the above segments.
| By Material | |
| Pastic | |
| Metal | |
| Wood | |
| Other Materials |
| By Product | |
| Industrial Bulk Containers | |
| Drums | |
| Pails | |
| Bulk Boxes | |
| Other Bulk Containers |
| By End-user Industry | |
| Food | |
| Beverage | |
| Industrial | |
| Pharmaceutical and Chemical | |
| Other End-user Industries |
| By Country | |
| United Kingdom | |
| Germany | |
| France | |
| Italy | |
| Spain |
Europe Rigid Bulk Packaging Market Research Faqs
How big is the Europe Rigid Bulk Packaging Market?
The Europe Rigid Bulk Packaging Market size is expected to reach USD 29.64 billion in 2024 and grow at a CAGR of 2.27% to reach USD 33.17 billion by 2029.
What is the current Europe Rigid Bulk Packaging Market size?
In 2024, the Europe Rigid Bulk Packaging Market size is expected to reach USD 29.64 billion.
Who are the key players in Europe Rigid Bulk Packaging Market?
ORBIS Corporation, Schoeller Allibert Services B.V., Greif Inc., Basca Srl and Obal Centrum S.R.O. are the major companies operating in the Europe Rigid Bulk Packaging Market.
What years does this Europe Rigid Bulk Packaging Market cover, and what was the market size in 2023?
In 2023, the Europe Rigid Bulk Packaging Market size was estimated at USD 28.97 billion. The report covers the Europe Rigid Bulk Packaging Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the Europe Rigid Bulk Packaging Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029.
Europe Rigid Bulk Packaging Industry Report
Statistics for the 2024 Europe Rigid Bulk Packaging market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Europe Rigid Bulk Packaging analysis includes a market forecast outlook for 2024 to 2029 and historical overview. Get a sample of this industry analysis as a free report PDF download.
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