Steady Growth Projected: RIBC Market Expected to Reach US$ 31.4 Billion by 2033, Reflecting Strong Demand Across Various Industries
The European market for intermediate bulk containers (IBCs) achieved a substantial 32.9% value share in 2022, with the United Kingdom recording a notable CAGR of 2.5% for the forecast period. Key factors driving this market growth encompass the rising demand for biodiesel and other renewable fuels, widespread use of IBCs in various end-use industries, ongoing design enhancements in IBCs,…