U.S. demand for rigid bulk packaging to reach $7.2 billion in 2020

New rigid bulk packaging study reveals that pharmaceutical and chemical production will expand demand for rigid bulk packaging.

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Demand for rigid bulk packaging in the U.S. is expected to expand 3.3% per year to $7.2 billion in 2020, spurred primarily by a favorable production outlook for chemicals and pharmaceuticals, the largest market for rigid bulk packaging products. The popularity of reusable systems, which are sold at a higher price than products intended for single use, will sustain value gains, though a less frequent replacement rate will mitigate growth somewhat. These and other trends are presented in “Rigid Bulk Packaging,” a new study from The Freedonia Group.

Pails will hold the largest portion of total rigid bulk packaging demand, due to their performance and cost advantages in small-volume applications. These benefits allow them to either be reused or disposed of, depending on the preference of the user.

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