1 Introduction of Stainless Steel IBC Types
According to the capacity division, the capacity of the product is Up to 1000 L, 1001 to 1500 L, 1501 to 2000 L and Above 2000 L. In the market segment classified by capacity, 1000L stainless steel IBC is the most popular, so it accounts for the largest share in the market segment.
2 Global Stainless Steel IBC Market Value by Type
From 2018 to 2023, the value of Stainless Steel IBC in the “Up to 1000 L” category increased from 138.25 M USD to 187.38 M USD, showing a significant growth. The “1001 to 1500 L” category also saw an increase from 61.96 M USD to 79.72 M USD. The “1501 to 2000 L” category experienced a rise from 55.85 M USD to 68.19 M USD, and the “Above 2000 L” category grew from 38.45 M USD to 46.65 M USD. Overall, the total value of Stainless Steel IBC increased from 294.51 M USD in 2018 to 381.95 M USD in 2023.
Comparing the categories, the “Up to 1000 L” size consistently held the highest value throughout the years, with a peak of 187.38 M USD in 2023. The “1001 to 1500 L” category was the second highest, reaching 79.72 M USD in the same year. The “1501 to 2000 L” category maintained a middle position, with 68.19 M USD in 2023, while the “Above 2000 L” category had the lowest value at 46.65 M USD. This indicates a preference for smaller IBC in the market, with the “Up to 1000 L” size being the most popular and valuable.
Table Global Stainless Steel IBC Market Value (M USD) by Type (2018-2023)
|
|
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
|
Up to 1000 L |
138.25 |
150.86 |
140.11 |
156.90 |
171.86 |
187.38 |
|
1001 to 1500 L |
61.96 |
67.16 |
62.16 |
68.31 |
74.11 |
79.72 |
|
1501 to 2000 L |
55.85 |
59.36 |
54.47 |
59.42 |
64.14 |
68.19 |
|
Above 2000 L |
38.45 |
40.86 |
37.39 |
40.47 |
43.87 |
46.65 |
|
Total |
294.51 |
318.23 |
294.13 |
325.10 |
353.97 |
381.95 |
3 Global Stainless Steel IBC Market Value Share by Type
In 2023, the “Up to 1000 L” category held the largest market share with a value of 187.38 M USD, accounting for 49.06% of the total Stainless Steel IBC market. The “1001 to 1500 L” category was the second largest, with a value of 79.72 M USD, representing 20.87% of the market. The “1501 to 2000 L” category had a value of 68.19 M USD, making up 17.85% of the market, while the “Above 2000 L” category was the smallest, with a value of 46.65 M USD, contributing to 12.21% of the total market.
Figure Global Stainless Steel IBC Market Value Share by Type (2018-2023)
4 Global Stainless Steel IBC Market Production by Type
From 2018 to 2023, the production of Stainless Steel IBC in the “Up to 1000 L” category increased from 105.35 K units to 142.22 K units, marking the most significant growth. The “1001 to 1500 L” category also saw an upward trend, rising from 39.61 K units to 51.11 K units. Production in the “1501 to 2000 L” category grew from 27.85 K units to 33.49 K units, and the “Above 2000 L” category increased from 16.71 K units to 19.65 K units. Overall, global production of Stainless Steel IBC rose from 189.52 K units in 2018 to 246.46 K units in 2023.
Comparing the categories, the “Up to 1000 L” size has consistently been the most produced, with a peak of 142.22 K units in 2023, indicating a strong market preference for this size. The “1001 to 1500 L” category is the second most produced, reaching 51.11 K units in the same year. The “1501 to 2000 L” and “Above 2000 L” categories have lower production figures, with 33.49 K units and 19.65 K units respectively, suggesting less demand for larger IBC. This data reflects a clear trend towards smaller, more versatile Stainless Steel IBC in the global market.
Table Global Stainless Steel IBC Market Production (K Units) by Type (2018-2023)
|
|
2018 |
2019 |
2020 |
2021 |
2022 |
2023 |
|
Up to 1000 L |
105.35 |
116.73 |
109.73 |
120.65 |
129.66 |
142.22 |
|
1001 to 1500 L |
39.61 |
43.66 |
40.94 |
44.26 |
47.15 |
51.11 |
|
1501 to 2000 L |
27.85 |
29.96 |
27.79 |
29.70 |
31.40 |
33.49 |
|
Above 2000 L |
16.71 |
17.91 |
16.52 |
17.40 |
18.49 |
19.65 |
|
Total |
189.52 |
208.26 |
194.97 |
212.00 |
226.69 |
246.46 |
5 Global Stainless Steel IBC Market Production Share by Type
In 2023, the “Up to 1000 L” category dominated the market with the largest share, accounting for 57.70% of the total Stainless Steel IBC production. The “1001 to 1500 L” category held the second largest share with 20.74%, followed by the “1501 to 2000 L” category at 13.59%. The “Above 2000 L” category had the smallest share, representing 7.97% of the market.
Figure Global Stainless Steel IBC Market Production Share by Type (2018-2023)
