Latin America Intermediate Bulk Container Liner Market Size, Share, Report 2023-2032
The Latin America intermediate bulk container liner market was valued at USD 58.25 million in 2022 and it is predicted to surpass around USD 97.91 million by 2032 with a CAGR of 5.33% from 2023 to 2032.
Key Pointers
Report Scope of the Latin America Intermediate Bulk Container Liner Market
| Report Coverage | Details |
| Market Size in 2022 | USD 58.25 million |
| Revenue Forecast by 2032 | USD 97.91 million |
| Growth rate from 2023 to 2032 | CAGR of 5.33% |
| Base Year | 2022 |
| Forecast Period | 2023 to 2032 |
| Market Analysis (Terms Used) | Value (US$ Million/Billion) or (Volume/Units) |
| Companies Covered | Amcor plc; Sealed Air; CHEP; Arena Products, Inc.; Scholle IPN; Liquibox; ILC Dover LP; Greif; Smurfit Kappa |
This growth can be attributed to increased international trade agreements in the region, such as the Latin American Integration Association, promoting inter-regional trade of bulk products, thereby promoting the requirement of IBC liners. Additionally, Brazil and Mexico have a significant export market for food & beverage products such as edible oil, fruit concentrate, fruit puree, tomato puree, and others further driving the market growth for these liners in the region.
The Brazil intermediate bulk container (IBC) liner market is driven by the thriving food and beverage industry within the country. According to the Brazilian Food Industry Association (ABIA), the food & beverage sector achieved remarkable revenue of USD 209 billion, recording a significant surge of 16.6% in 2022. This growth directly contributes to the increasing demand for intermediate bulk container liners, as they play a vital role in the transportation of food & beverage products throughout the country and to its import partners.
Moreover, the demand for intermediate bulk container liners is further driven by the stringent requirements set by regulatory bodies such as the National Health Surveillance Agency (ANVISA). For instance, ANVISA has specific requirements set for the packaging of perishable food products, such as milk and fruit puree to prevent these products from contamination during storage and transportation. To align with this regulation, food & beverage manufacturers opt for these packaging solutions, which further drives the market growth for packaging fulfilling these requirements at an economical cost which further can contribute to the IBC liners demand in the country.
Capacity Insights
Based on capacity, the Latin America intermediate bulk container (IBC) liner market is further categorized into above 1000 liters and up to 1000 liters. Among these, the above 1000 liters capacity range recorded a higher market share of over 74% in 2022. This is attributed to the extensive utilization of intermediate bulk container liners in industries such as industrial liquids and agriculture chemicals. These industries deal with larger volumes of materials and require efficient bulk storage and transportation solutions.
The upto 1000 liters capacity range is expected to grow at a CAGR of 5.12% during the forecast period 2023-2032. This growth is due to the wide application of these liners in the food & beverage and household product industries. These industries typically require smaller to medium quantities of IBC liners for storage and transportation purposes, driving the growth of the segment. These liners are also known as industrial bag-in-box liners and include sizes ranging from 2oo liters to 1000 liters.
Application Insights
Based on application, the Latin America intermediate bulk container (IBC) liner market is further segmented into food & beverages, industrial liquids, and household products. Among these, the food & beverages segment recorded the highest market share of over 73% in the base year 2022. This is owing to the growing export and import trade of food & beverage products among Latin American countries. The intermediate bulk container liner is required at various stages of the food & beverages supply chain, including storage, transportation, and distribution of products such as syrups, sauces, and alcoholic & non-alcoholic beverages. These liners help preserve the quality and freshness of the products while facilitating efficient handling and logistics management.
Furthermore, the food safety and quality regulations in the region further emphasize the need for reliable and compliant packaging solutions such as intermediate bulk container liners, which drives the market demand for this application. For instance, the Hazard Analysis and Critical Control Points (HACCP) system is widely adopted by food manufacturers, suppliers, and distributors in Latin America. This system mandates reliable food packaging such as intermediate bulk container liners to avoid product contamination, ensuring the safety and quality of the products.
The industrial liquids segment is anticipated to grow at a CAGR of 5.03% over the forecast period 2023-2032. This growth is driven by the thriving industrial sector, including chemical manufacturing, oil & gas, and other liquid-based industries. These industries handle large volumes of liquids, making the application of intermediate bulk container liners with a capacity range above 1000 liters essential for efficient storage and transportation. These liners offer a secure and leak-proof packaging solution that plays a vital role in maintaining the integrity of industrial liquids. They ensure that the liquids remain uncontaminated and of high quality till their final distribution, which further increases the segment demand.
The demand in the household products segment is driven by their utilization in packaging various household products, such as liquid detergents, floor cleaners, surfactants, and liquid soaps & hand wash, among others. These liners ensure effective protection of liquid detergents against contamination. Liquid detergents have gained popularity over powder detergents due to their convenience, which can further drive the demand for IBC liners.
Latin America Intermediate Bulk Container Liner Market Segmentations:
By Capacity
By Application
Chapter 1. Introduction
1.1. Research Objective
1.2. Scope of the Study
1.3. Definition
Chapter 2. Research Methodology
2.1. Research Approach
2.2. Data Sources
2.3. Assumptions & Limitations
Chapter 3. Executive Summary
3.1. Market Snapshot
Chapter 4. Market Variables and Scope
4.1. Introduction
4.2. Market Classification and Scope
4.3. Industry Value Chain Analysis
4.3.1. Raw Material Procurement Analysis
4.3.2. Sales and Distribution Channel Analysis
4.3.3. Downstream Buyer Analysis
Chapter 5. COVID 19 Impact on Latin America Intermediate Bulk Container Liner Market
5.1. COVID-19 Landscape: Latin America Intermediate Bulk Container Liner Industry Impact
5.2. COVID 19 - Impact Assessment for the Industry
5.3. COVID 19 Impact: Major Government Policy
5.4. Market Trends and Opportunities in the COVID-19 Landscape
Chapter 6. Market Dynamics Analysis and Trends
6.1. Market Dynamics
6.1.1. Market Drivers
6.1.2. Market Restraints
6.1.3. Market Opportunities
6.2. Porter’s Five Forces Analysis
6.2.1. Bargaining power of suppliers
6.2.2. Bargaining power of buyers
6.2.3. Threat of substitute
6.2.4. Threat of new entrants
6.2.5. Degree of competition
Chapter 7. Competitive Landscape
7.1.1. Company Market Share/Positioning Analysis
7.1.2. Key Strategies Adopted by Players
7.1.3. Vendor Landscape
7.1.3.1. List of Suppliers
7.1.3.2. List of Buyers
Chapter 8.Latin America Intermediate Bulk Container Liner Market, By Capacity
8.1. Latin America Intermediate Bulk Container Liner Market, by Capacity, 2023-2032
8.1.1. Upto 1000 liters
8.1.1.1. Market Revenue and Forecast (2020-2032)
8.1.2. Above 1000 liters
8.1.2.1. Market Revenue and Forecast (2020-2032)
Chapter 9. Latin America Intermediate Bulk Container Liner Market, By Application
9.1. Latin America Intermediate Bulk Container Liner Market, by Application, 2023-2032
9.1.1. Food & Beverage
9.1.1.1. Market Revenue and Forecast (2020-2032)
9.1.2. Industrial Liquids
9.1.2.1. Market Revenue and Forecast (2020-2032)
9.1.3. Household Products
9.1.3.1. Market Revenue and Forecast (2020-2032)
Chapter 10. Latin America Intermediate Bulk Container Liner Market, Regional Estimates and Trend Forecast
10.1. Latin America
10.1.1. Market Revenue and Forecast, by Capacity (2020-2032)
10.1.2. Market Revenue and Forecast, by Application (2020-2032)
Chapter 11. Company Profiles
11.1. Amcor plc
11.1.1. Company Overview
11.1.2. Product Offerings
11.1.3. Financial Performance
11.1.4. Recent Initiatives
11.2. Sealed Air
11.2.1. Company Overview
11.2.2. Product Offerings
11.2.3. Financial Performance
11.2.4. Recent Initiatives
11.3. CHEP
11.3.1. Company Overview
11.3.2. Product Offerings
11.3.3. Financial Performance
11.3.4. Recent Initiatives
11.4. Arena Products, Inc.
11.4.1. Company Overview
11.4.2. Product Offerings
11.4.3. Financial Performance
11.4.4. LTE Scientific
11.5. Scholle IPN
11.5.1. Company Overview
11.5.2. Product Offerings
11.5.3. Financial Performance
11.5.4. Recent Initiatives
11.6. Liquibox
11.6.1. Company Overview
11.6.2. Product Offerings
11.6.3. Financial Performance
11.6.4. Recent Initiatives
11.7. ILC Dover LP
11.7.1. Company Overview
11.7.2. Product Offerings
11.7.3. Financial Performance
11.7.4. Recent Initiatives
11.8. Greif
11.8.1. Company Overview
11.8.2. Product Offerings
11.8.3. Financial Performance
11.8.4. Recent Initiatives
11.9. Smurfit Kappa
11.9.1. Company Overview
11.9.2. Product Offerings
11.9.3. Financial Performance
11.9.4. Recent Initiatives
Chapter 12. Research Methodology
12.1. Primary Research
12.2. Secondary Research
12.3. Assumptions
Chapter 13. Appendix
13.1. About Us
13.2. Glossary of Terms
Cross-segment Market Size and Analysis for
Mentioned Segments
Additional Company Profiles (Upto 5 With No Cost)
Additional Countries (Apart From Mentioned Countries)
Country/Region-specific Report
Go To Market Strategy
Region Specific Market DynamicsRegion Level Market Share Import Export AnalysisProduction AnalysisOthers