Abstract
US rigid bulk packaging demand to reach $6.5 billion in 2011
Demand for rigid bulk packaging is forecast to reach $6.5 billion in 2011.
Advances will be aided by growth in manufacturing activity along with a shift
in the product mix toward larger, higher-value containers offering enhanced
performance and cost effectiveness over smaller, shorter-life alternatives.
Changing preferences among industrial users will result in varied prospects
for major product segments. Segments offering a combination of total cost
benefits, greater reusability and increased performance efficiency are
expected to log the fastest gains as they supplant a variety of conventional
container types. Growth will also be aided by the need for containers that
comply with state, federal and international regulatory requirements,
especially those concerning the transport and handling of hazardous chemicals
and the management of hazardous waste.
RIBCs, plastic drums & pails to be fastest growing product segments
Fastest value gains are anticipated for rigid intermediate bulk containers
(RIBCs) and material handling containers. Plastic drums and plastic pails will
also experience above-average growth, in part the result of conversions from
fiber and steel drums and steel pails, respectively. Moderating prospects will
be the maturity of a number of product types and the declining share of the
manufacturing sector as a component of total US economic activity. Competition
from flexible intermediate bulk containers (FIBCs) will also limit gains in
some applications, as FIBCs are significantly less costly than RIBCs (though
not as long-lasting) and capable of carrying liquids with the use of liners.
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