To create the shape of the FIBCs, strong sheets of heavy-duty PVC-covered polyester or nylon were connected, and the containers were then lifted using pallets. Due to the rising need for flexible packaging that takes up less space, these FIBCs made woven polypropylene bulk bags conceivable.
Due to continual structural and design improvements, FIBCs are primarily employed to transport hazardous chemicals. Future Market Insights claims that FIBCs are heavily used in the mining, building and construction, food, and agricultural sectors.
FIBCs not only offer bulk packaging but also ensure the products’ safety and shelf life. FIBCs with modified atmospheric packaging (MAP) technology postpone product deterioration by switching oxygen for nitrogen in the packing.
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Its use in the food industry has greatly increased recently as a result of their ability to increase the shelf life of the products. Moreover, container designs that emphasise hygiene and sanitation are more appealing to consumers.
So, major actors and final users are taking tremendous precautions to guard against contamination of the product. UV-protected bags and FIBCs made of 100% virgin polypropylene fabric are the best options for outdoor applications, and cleanroom packaging helps lower the risk of contamination.
The risk of fire during transportation is higher when FIBCs are used to transport hazardous goods, especially in areas with high temperatures. Thus, there is a considerable need for fire retardant bulk bags among chemical businesses that transport explosive products. The FIBCs made of PP fabric and fire-retardant chemicals provide maximum fire safety, which is why these FIBCs have been in such high demand over the past three years.
Key Takeaways from Global FIBC Market
- FIBC with a carrying capacity above 750 kgs is expected to hold major pie of 55% value share.
- Q bags with baffles are estimated to increase 1.7x of the current market value, by next decade.
- In terms of end use, chemicals & fertilizers segment is estimated to dominate the FIBC industry, registering CAGR of 5.8% in the global market.
- During the projected period, the U.S. FIBC market is expected to rise significantly.
- During the forecast period, the Indian FIBC market is expected to grow at a CAGR of 5.3% until 2032.
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Competitive Landscape
Key players in the FIBC market are concentrating on providing lighter-weight and more environmentally friendly FIBC. Some of the key companies are Grief, Inc., Berry Global Group, Inc., Intertape Polymer Group., Conitex Sonoco, LC Packaging International BV, RDA Bulk Packaging Ltd., Masterpack Group Conrop, s.r.o., MANICARDI® srl, J&HM Dickson Ltd., DS SMITH plc, Sokuflex Behälter GmbH, Bulk Containers Europe BV
Key Players:
- Grief, Inc.
- Berry Global Group, Inc.
- Intertape Polymer Group.
- Conitex Sonoco
- LC Packaging International BV
- RDA Bulk Packaging Ltd
- Masterpack Group
- Conrop, s.r.o.
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Global FIBC Market by Category
By Packaging Type:
- Q-bags
- Baffle Bags
- Circular Bags
- 6-panel
- Others
By Capacity:
- Upto 250 Kg
- 250 kgs – 750 Kgs
- Above 750 Kgs
By End User:
- Building & Construction
- Chemicals & Fertilizers
- Food Products & Agriculture
- Pharmaceuticals Products
- Mining
By Region:
- North America
- Latin America
- Europe
- Middle East and Africa
- East Asia
- South Asia
- Oceania
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