Packaging solutions for bulk cargo are gaining fast acceptance across the globe, and players involved in packaging are introducing different modifications to their bulk packaging solutions. This has spurred the use of octabins to store and carry free flowing products and several granular products. Transformation of the packaging industry over years have introduced variety of packaging designs and shapes to accommodate different types of material and variety of goods.
The global market for octabins is expected to grow at a steady pace during the period of forecast. End use industries are adopting octabins owing to their “higher weight per volume” capacity coupled with reduced costs associated with the packaging and transportation. Other aspects that are pushing the use of octabins in several end use industries include ease in handling and stacking and better bulk resistance. According to XploreMR, global octabins market is expected to soar at a CAGR of 5.4% throughout the period of forecast, 2017-2026.
Players involved in manufacturing of octabins are targeting Asia Pacific excluding Japan (APEJ) region with a view to enhance their hold in the Asian market. They are also investing in research and development to develop octabins with additional features. To name a few companies, Smurfit Kappa, DS Smith, Mondi Group, IBC International, International Paper, Europac and Rondo Ganahl AG are the key players involved in the global octabins market.
Sales of Standard Octabins to Reach a Significant Value in the Coming Years
Octabin Market: Food Industry Will Continue To Drive Production Sales through 2026: Global Industry Analysis (2012 - 2016) & Opportunity Assessment (2017 - 2026)Buy Now
Custom Market Research Services
xploreMR offers custom market reserch services that help clients to get information on their business scenario required where syndicated solutions are not enough
Why Choose XploreMR
Our analysts go above and beyond to answer your specific queries. We are with you throughout the entire journey – from initial discussion to post-purchase.
Country-wise Analysis & Forecasting
As we track markets at country-level, we are able to offer hard-to-find market intelligence in both developed and emerging countries.
High Quality At Competitive Pricing
We believe high quality market research shouldn’t be out of reach for businesses. Our competitively-priced market research reports ensure businesses of all sizes have access to quality information
Food Service Packaging Market Forecast, Trend Analysis & Competition Tracking - Global Market insights 2017 to 2026
Growth of the global food service packaging will remain influenced by factors such as rising prevalence of convenient packaging products, changing consumer demand patterns associated with packaging, a ...
A recent market report published by XploreMR on the Adhesive Films market provides global industry analysis for 2015-2019 & forecast for 2020-2030. The report offers a comprehensive assessment of ...