/ Press Release Details / Projected Remarkable Growth: Flexible Intermediate Bulk Container Market Set to Reach $9

Projected Remarkable Growth: Flexible Intermediate Bulk Container Market Set to Reach $9,010.6 Million by 2030, with a Solid 6.8% CAGR

The global Flexible Intermediate Bulk Container market is anticipated to grow at a growth rate of 6.8% to reach USD 9,010.6 million by 2030.

Flexible intermediate bulk containers (FIBC), commonly known as bulk transport packaging, offer a versatile and flexible solution crafted from woven, collapsible fabric materials. These containers serve as a multipurpose resource, playing a pivotal role in the protection, storage, and transportation of dry goods and commodities. Their adaptability makes them invaluable in a range of industries, including agriculture, manufacturing, and logistics, where they simplify handling and logistics, ensuring the safe and efficient movement of various materials, from grains to chemicals, across the supply chain.

Request Sample Copy of Report of Global Flexible Intermediate Bulk Container Market

The market is experiencing significant expansion driven by rapid global industrialization. Industries, particularly chemical and agriculture, rely heavily on Flexible Intermediate Bulk Containers (FIBCs) for the handling and transportation of various products such as grains, rice, cereals, and liquid chemicals. These versatile containers also serve as a preferred choice for storing and moving construction materials like carbon black, steel, minerals, cement, and sand, streamlining logistics in multiple sectors.

Moreover, the global environmental consciousness surge has played a pivotal role in fueling market growth. There is a growing demand for lightweight, biodegradable, and bulk packaging materials, especially in the pharmaceutical sector. This demand arises from the need to reduce the ecological footprint and enhance sustainability. FIBCs meet these requirements, making them a preferred choice in pharmaceutical product packaging. As industries across the globe prioritize eco-friendly practices and seek efficient packaging solutions, the market for Flexible Intermediate Bulk Containers continues to thrive, offering versatile and sustainable options for a wide range of applications.

KEY INSIGHTS OF THIS REPORT:

  • Type A represents the most widely utilized category of flexible intermediate bulk containers (FIBCs). In 2018, it held a commanding position within the product segment, contributing to 67.4% of the total revenue. This indicates its prevalent use and strong market presence, showcasing its importance in various industries.
  • The primary end-user industries for the global Flexible Intermediate Bulk Container (FIBC) market are food and chemical sectors. Food processing companies extensively employ FIBCs for the transportation of agricultural products like grains, rice, potatoes, cereals, and more within the food industry.
  • North America holds a leading position in the Flexible Intermediate Bulk Container (FIBC) market due to its thriving pharmaceutical sector, widespread FIBC adoption by large-scale chemical producers, and the stable growth of food processing and agriculture industries in the region.

The scope of this report covers the market by its major segments, which include as follows:

GLOBAL FLEXIBLE INTERMEDIATE BULK CONTAINER MARKET SEGMENTATION

GLOBAL FLEXIBLE INTERMEDIATE BULK CONTAINER MARKET KEY PLAYERS

  • Plastipak Group
  • Global-Pak Inc.
  • Intertape Polymer Group
  • Bulk Handling Australia Group
  • BAG Corp.
  • Conitex Sonoco
  • United Bags Inc.
  • Rishi FIBC Solutions Pvt. Ltd.
  • Flexipol Packaging Limited
  • Greif Inc.
  • LC Packaging
  • Midwestern Bag & Supply
  • Emmbi Industries Limited
  • Halsted Corporation
  • RDA Bulk Packaging Ltd.
  • Sackmaker J&HM Dickson Ltd.
  • Berry Global Inc.
  • AmeriGlobe LLC
  • Others

GLOBAL FLEXIBLE INTERMEDIATE BULK CONTAINER MARKET, BY GRADE

  • Type A
  • Type B
  • Type C
  • Type D
  • Others

GLOBAL FLEXIBLE INTERMEDIATE BULK CONTAINER MARKET, BY DESIGN

  • Circular Woven Bags
  • U-Panel Bags
  • Four-Panel Bags

GLOBAL FLEXIBLE INTERMEDIATE BULK CONTAINER MARKET, BY END USER

  • Oil & Glass
  • Pharmaceuticals
  • Construction
  • Food & Chemicals
  • Textiles
  • Others

GLOBAL FLEXIBLE INTERMEDIATE BULK CONTAINER MARKET, BY REGION

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • France
    • Italy
    • Spain
    • United Kingdom
    • Russia
    • Netherlands
    • Sweden
    • Poland
    • Rest of Europe
  • Asia Pacific
    • India
    • China
    • South Korea
    • Japan
    • Australia
    • Thailand
    • Indonesia
    • Philippines
    • Rest of APAC
  • Latin America
    • Brazil
    • Mexico
    • Argentina
    • Colombia
    • Rest of LATAM
  • The Middle East and Africa
    • Saudi Arabia
    • United Arab Emirates
    • Israel
    • Turkey
    • Algeria
    • Egypt
    • Rest of MEA

Choose License Type
assit assit

Tailor made solution just for you

80% of our clients seek made-to-order reports. how do you want us to tailor yours?
📧 Talk to Analyst

We have 24/7 dedicated support team.

Get in Touch

© 2023. All rights reserved: AnalystView Market Insights