This Heavy Duty Bins market study offers a comprehensive analysis of the business models, key strategies, and respective market shares of some of the most prominent players in this landscape. Along with an in-depth commentary on the key influencing factors, market statistics in terms of revenues, segment-wise data, region-wise data, and country-wise data are offered in the full study. This study is one of the most comprehensive documentation that captures all the facets of the evolving Heavy Duty Bins market.
Global Heavy Duty Bins Market - Overview
Industrial bulk packaging have seen a tremendous growth in recent few years due to increase in logistics and transportation industry across the globe. One such type of industrial bulk packaging can be done by using heavy duty bins. Heavy duty bins are designed for saving storing industrial and household products which may get damage during transit. Mostly heavy duty bins are commonly made up of plastic such as polyethylene (PE), polypropylene (PP), polyvinyl chloride (PVC), and polyethylene terephthalate (PET). Moreover, it is observe that due to environmental issue heavy duty bins made from steel and corrugated paper are getting traction. Heavy duty bins are available with several formats such as nestable, stackable and collapsible which helps in reducing the space for storing empty bins. All these above factors have created growth opportunities for heavy duty bins market during the forecast period.
Market Growth Analysis
Disclaimer: This data is only a representation. Actual data may vary and will be available in the report.
Global Heavy Duty Bins Market - Dynamics
Growth in trade volume across the globe has increased the need for packaging solutions like heavy duty bins by ensuring product integrity with a reduction in quality deterioration. Higher operational act along with cost effective solution are some of the key factors driving the demand for heavy duty bins market during the forecast period. In October 2018, Remcon Plastics, Inc. introduced eco - friendly heavy duty bins with a capacity of 150-200 pounds per cubic foot. In November 2018, RPC Saeplast, a subsidiary of RPC Group Plc introduced 1000L heavy duty bins for storing and handling of fish. Moreover, increasing raw material cost of plastic and steel are expect to hinder the market for heavy duty bins during the forecast period 2018-2028.
Heavy duty binsis mainly used for logistics and transportation and building & construction.
Global Heavy Duty Bins Market – Regional Overview
In North America, Canada heavy duty binsmarket is expected to witness better growth than U.S.market during the forecast period. In Asia Pacific region, India and China market are expected to witness substantial growth for heavy duty binsmarket. Furthermore, logistics industry in Asia Pacific regions are preferring heavy duty binsfor transit due to its toughness and sturdiness. Moreover, Europe being a developed market, is expected to be witnessed lethargic growth for heavy duty binsmarket in countries like U.K., Germany and France during the forecast period 2018 - 2028.
Global Heavy Duty Bins Market – Key Players
A few of the key players in the heavy duty binsmarket are RPC Group Plc, Snyder Industries, Inc., Remcon Plastics, Inc., Dura-Cast Products, Inc., The Granger Plastics Company, R & R Technologies LLC, Time Technoplast Ltd., Mauser Group B.V., Mold-Tek Packaging Ltd., Greif, Inc., Smurfit Kappa Group PLC, Nefab AB, Supreme Industries limited, Rengo Co., Ltd., Giraffe Storage Solutions, Nilkamal Crates & Bins Pvt., Ltd.. Tat Seng Packaging Group Ltd., etc.
The report is a compilation of first-hand information, and qualitative & quantitative assessment by industry analysts, as well as inputs from industry experts and industry participants across the value chain. The report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segment. The report also maps the qualitative impact of various market factors on market segments and geographies.
The global market is divided into seven major regions -
- North America
- Asia Pacific excluding Japan (APEJ)
- Latin America
- Eastern Europe
- Western Europe
- Middle East & Africa (MEA)
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Global Heavy Duty Bins Market - Segmentation
The global heavy duty binsmarket is segmented by material type, shape, capacity, product type, and end use industry. The pricing for heavy duty binshas being done based on material type segment in US$ million, and the volume is considered in tonnes.
On the basis of material type, the global heavy duty binsmarket is segmented into -
- Polyethylene (PE)
- Polyvinyl Chloride (PVC)
- Polypropylene (PP)
- Polyethylene Terephthalate (PET)
- Corrugated Paper
On the basis of shape, the global heavy duty binsmarket is segmented into -
On the basis of capacity, the global heavy duty binsmarket is segmented into -
- Less than 15 gallons
- 15 gallons to 40 gallons
- 40 gallons to 80 gallons
- 80 gallons to 120 gallons
- 120 gallons & above
On the basis of product type, the global heavy duty binsmarket is segmented into -
On the basis of end use industry, the global heavy duty binsmarket is segmented into -
- Logistics and Transportation
- Building & Construction
- Chemicals & Fertilizers
- Food & Beverage
- Home Care & Personal Care
- E – Commerce
- Other End Use
- A detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size regarding volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies for key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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What will you discover from Heavy Duty Bins Market report?
- The current and future market size, covering each aspect and nuanced trends across key national and geographic markets
- An overview of the market report, providing an imperative visual of the varied market subdivisions and overall forecast statistics in terms of value and volume
- Extensive database and key dynamics elevating the market with varied verticals associated
- Underlying Heavy Duty Bins Market forces that are compelling consumers or businesses to purchase the product
- How novel technologies and consumer-centric innovations will create new value-adding opportunities for companies active in the Heavy Duty Bins Market
- What will be environment and regulatory impacts on the market over the next decade
Which framework has been used to develop the Heavy Duty Bins Market report?
- Investment Feasibility Matrix - It shows returns on investment, level of competition, success rate of investment, and potential risks associated with the market. The analysis shows that the competition is high in the established market, while the returns for short-term investment are also taken into consideration
- Relative Maturity Mapping – The relative maturity is measured according to three growth phases (growth, maturity, decline)
- Relative PLC (Product Life Cycle) – Analysis of the emergence of prominent players and competitive test prices which are driving factors behind every market. (expected market behavior, observed market behavior, expected market performance, observed market performance)