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Flexible Intermediate Bulk Container Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

Flexible Intermediate Bulk Container Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2020-2025

  • December 2020
  • 143 pages
  • ID: 5981456
  • Format: PDF
  • IMARC Group

Summary

Table of Contents

The global flexible intermediate bulk container market grew at a CAGR of around 6% during 2014-2019.

Flexible intermediate bulk containers (FIBC), or bulk bags, refer to industrial packaging materials used for storing dry, granular and semi-liquid products. They are large, cubic, bendable containers manufactured using coated or uncoated woven fabric with loops to facilitate convenient storage and movement. U-panel, circular, four-panel and baffle bags are among the most commonly used FIBCs. These bags are used to contain toxic, non-toxic and free-flowing products, such as chemicals, petrochemicals, pharmaceuticals, rubber and agriculture and food products. As a result, they find extensive applications across various industries, such as transportation, mining, manufacturing, agriculture and waste handling.

Rapid industrialization across the globe is one of the key factors driving the growth of the market. Chemical and agriculture product manufacturers are increasingly using FIBCs to handle grains, rice, potatoes, cereals and liquid chemicals. These bags are also used to store and transport construction materials, such as carbon black, steel, alloys, minerals, cement and sand. Furthermore, increasing environmental consciousness among the masses and the rising demand for lightweight, biodegradable and bulk packaging material for pharmaceutical products, is also stimulating the market growth. Pharma-grade FIBC bags are used for storing various medical products and preventing contamination. In line with this, product innovations, such as the development of FIBC variants as hygiene packaging solutions, is acting as another growth-inducing factor. Food-grade FIBC bags are manufactured using virgin polypropylene resins that aid in preventing spoilage of perishable goods and are suited for storing packaged products in bulk quantities. Looking forward, the analyst expects the global flexible intermediate bulk container market to continue its moderate growth during the next five years.

Key Market Segmentation:
the analyst provides an analysis of the key trends in each sub-segment of the global flexible intermediate bulk container market report, along with forecasts for growth at the global, regional and country level from 2020-2025. Our report has categorized the market based on region, product and end use industry.

Breakup by Product:
Type A
Type B
Type C
Type D

Breakup by End Use Industry:
Food
Chemicals
Pharmaceuticals
Others

Breakup by Region:
North America
United States
Canada
Asia Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa

Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being Bag Corp., Berry Global Inc., Bulk Lift International LLC, Global-Pak Inc., Greif Inc., Isbir Sentetik Dokuma Sanayi A.S., Langston Companies Inc., LC Packaging International BV, Plastipak Group and Rishi FIBC Solutions PVT. Ltd.

Key Questions Answered in This Report:
How has the global flexible intermediate bulk container market performed so far and how will it perform in the coming years?
What has been the impact of COVID-19 on the global flexible intermediate bulk container market?
What are the key regional markets?
What is the breakup of the market based on the product?
What is the breakup of the market based on the end use industry?
What are the various stages in the value chain of the industry?
What are the key driving factors and challenges in the industry?
What is the structure of the global flexible intermediate bulk container market and who are the key players?
What is the degree of competition in the industry?

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