Latin America Intermediate Bulk Container Liner Market Size, Share & Trends Analysis Report By Capacity, By Application (Food & Beverage, Industrial Liquids, Household Products), By Country, And Segment Forecasts, 2023 - 2030

Latin America Intermediate Bulk Container Liner Market Size, Share & Trends Analysis Report By Capacity, By Application (Food & Beverage, Industrial Liquids, Household Products), By Country, And Segment Forecasts, 2023 - 2030

Latin America Intermediate Bulk Container Liner Market Growth & Trends

The Latin America intermediate bulk container liner market size is expected to reach USD 87.8 million by 2030, expanding at a CAGR of 5.3% from 2023 to 2030, according to a new report by Grand View Research, Inc. This growth is owing to the increasing demand for sustainable and customized packaging solutions in various application industries.

The region is witnessing an increased demand for sustainable and eco-friendly IBC liners in various application industries such as food & beverage, household products, and others owing to rising environmental concerns. Several packaging manufacturers are seeking packaging options that are recyclable, and have a lower environmental impact to meet the growing demand for sustainable intermediate bulk container liners. For instance, Grief, a packaging manufacturer, offers intermediate bulk container liners and outer containers made from paperboard, which is biodegradable and recyclable in nature, reducing the environmental impact, and promoting a circular economy.

Furthermore, application industries such as household products, food & beverages, and industrial liquids often require intermediate bulk container liners that can be customized to their specific needs, such as different capacities, materials, and design features. Flexibility in design and customization options allows these application industries to optimize their packaging solutions. For instance, Grief, an industrial packaging manufacturer, offers IBC containers with a wide range of customization options such as customization in pallets, liners, valves, and others.

The industry players are adopting several strategies including partnerships, new product launches, expansions, mergers & acquisitions, joint ventures, and partnership agreements to increase the customer base and individual market share. For instance, in October 2022, Sealed Air announced an expansion of its global footprints in Latin America by launching SEE Packforum, a new center in Brazil. This new center will witness the development of various bulk packaging solutions such as intermediate bulk container liners to cater to the food & beverage, and other application industries.

Latin America Intermediate Bulk Container Liner Market Report Highlights

• The Latin America IBC liner market is witnessing substantial growth due to its ability to prevent various food & beverages, household, and industrial products from contamination and leakage during long hours of transportation and warehousing
• However, the abundant availability of substitute packaging solutions such as steel containers, ISO containers, and others restrain the market growth for the IBC liners to a certain extent
• The Above 1000 liters capacity range is gaining popularity due to the growing industrial sector requiring bulk packaging for the shipping of industrial chemicals and oils across regions
• The food & beverage application segment dominated the Latin America intermediate bulk container liner market with a revenue share of over 72.0% in 2022 due to the increased imports and exports of these products requiring bulk packaging solutions to avoid product leakage and breakage till their final distribution
• Brazil recorded a higher market share of over 32.0% in 2022 as it is one of the largest producers and exporters of food & beverage items, including orange juice which requires bulk packaging for international transportation

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