The global rigid bulk packaging market is expected to grow from USD 9.3 billion in 2024 to USD 14.63 billion by 2034, at a CAGR of 4.63%. This growth is driven by rising demand in the food and beverage and pharmaceutical industries. The market includes segments like plastic, metal, and wood materials, with Intermediate Bulk Containers (IBCs) being the most popular product. Asia-Pacific leads the market due to rapid industrialization and urbanization, while North America and Europe show steady growth due to their established industries. Key players in the market include Greif Inc., Berry Global Inc., and Mondi Group PLC.
Rigid Bulk Packaging Market Companies
New Advancements in the Market
- In March 2025, LyondellBasell, a global chemical company, revealed the introduction of Pro-fax EP649U, a novel polypropylene impact copolymer intended for the rigid packaging sector. With its unique formulation for thin-walled injection molding, this advanced product is for applications involving food packaging.
Rigid Bulk Packaging Recent Development
- In November 2024, a Netherlands-based provider of flexible and rigid packaging for healthcare and other demanding uses, revealed today that it is beginning its initial North American flexible packaging manufacturing site in Winston-Salem, Inc.
- In May 2024, Amcor PLC announced the opening of its Amcor Innovation Center Europe (AICE) in Ghent, Belgium. The center aims to innovate in new material technologies to make packaging more sustainable and performant.
- In March 2024, Mondi Group PLC announced a merger with DS Smith PLC, one of the largest U.K.-based paperboard and packaging companies. The merger involves combining production assets in Europe, North America, and South Africa.
- In October 2022, Amcor PLC launched a two-step, lightweight technology that eliminates more than 50% of the material and weight in the finish of their bottle, reducing both manufacturing costs and carbon emissions.
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