Bulk Container Packaging Market Size

Bulk Container Packaging Market size was valued at USD 24.3 million in 2024 and is set to reach USD 85.78 million by the end of 2037, expanding at around 10.1% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of bulk container packaging is assessed at USD 26.28 million.

The growth of the market can be ascribed to the rising international sea-borne trade, especially over the past decade, which, in turn, is boosting the demand for bulk cargo. For instance, in 2018, approximately 3000 million tons of bulk cargo were loaded with bulk commodities on the global merchant fleet.

Global bulk container packaging market trends such as, skyrocketing demand for plastic-based packaging solutions and higher production of plastic across the globe are projected to influence the growth of the market positively over the forecast period. For instance, the total production of plastic worldwide was estimated to be around USD 350 million metric tons in 2020. Moreover, the up-surged freight transportation services index (TSI) and booming demand for gasoline are further expected to hike the growth of the market over the forecast period. Based on the statistics provided by the Bureau of Transportation Statistics, the TSI index increased by 5.0% from August 2021 to August 2022. Hence, all these factors are estimated to hike the growth of the market over the forecast period.