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Intermediate Bulk Container (IBC) Market Share Growth: Opportunities, Challenges, and In-Depth Analysis

Submitted by Yogi on Wed, 12/27/2023 - 01:17

The Intermediate Bulk Container (IBC) market share was valued at USD 1.15 billion in 2022. It is projected to reach USD 1.90 billion by 2030, exhibiting a compound annual growth rate (CAGR) of 6.4% during the forecast period from 2023 to 2030.

The IBC market has witnessed substantial growth and is expected to continue its upward trajectory in the coming years. This can be attributed to various factors such as the increasing demand for efficient and cost-effective packaging solutions across industries.

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