Future of IBCs and Tote Tanks

North America is forecast to be the third largest market for IBCs in the future. The U.S. is expected to hold almost 90% of the market in the North American intermediate bulk container market until 2031. But the highest demand for IBCs is likely to be concentrated in Asia because the low cost of manufacturing in China and India in particular has led key players across the globe to move their production facilities there and elsewhere in East and South Asia.