Overview:

The market for the rental of intermediate bulk containers is expected to reach a valuation of USD 1,440.8 million in 2025. Projections indicate expansion to USD 2,704.6 million by 2035, reflecting a compound annual growth rate (CAGR) of 6.5% over the ten-year forecast period. In 2024, the sector generated revenues of USD 1,352.9 million.

The chemicals sector represents a significant portion of the market, accounting for an estimated 35%. The need for efficient bulk storage and transportation of both hazardous and non-hazardous chemical substances is a key driver. Renting IBCs is favored by chemical manufacturers seeking to minimize capital outlay, enhance supply chain flexibility, and ensure adherence to stringent safety protocols.

Intermediate bulk containers provide critical containment capabilities due to their leak-proof and corrosion-resistant properties. Many are certified for the transport of hazardous goods, offering assurance in handling volatile products. The rental model is particularly attractive for businesses that require frequent upgrades or changes in container types, avoiding substantial long-term investments.

The expansion of the IBC rental market is being propelled by increasing demand for cost-effective, adaptable, and environmentally conscious logistics solutions for bulk liquids and materials. Renting intermediate bulk containers allows enterprises to reduce initial capital expenditure, optimize storage capacity, and meet regulatory requirements without committing to long-term asset ownership.

Key industries driving demand include chemicals, food and beverage, pharmaceuticals, and oil and gas. The broader shift towards circular economy practices, emphasizing reuse and sustainability, is also contributing to market growth. Furthermore, advancements in tracking technologies, including the integration of RFID and IoT within IBCs, are improving supply chain efficiency and making rental options more appealing globally.

Over the forecast period, the IBC rental business is anticipated to present lucrative opportunities. The market is projected to offer an incremental potential value of USD 1,351.7 million, suggesting a significant expansion phase by 2035.