The shape of flexible intermediate bulk containers (FIBCs) is created by connecting strong sheets of heavy-duty PVC-covered polyester or nylon, and they are lifted using pallets. However, the need for more space-efficient and flexible packaging solutions led to the development of woven polypropylene bulk bags.
FIBCs have undergone continuous improvements in terms of their structural design and are now primarily used for transporting hazardous chemicals. They find extensive applications in industries such as mining, building and construction, food, and agriculture, as reported by Future Market Insights.
These FIBCs not only provide bulk packaging but also ensure product safety and extended shelf life. The incorporation of modified atmospheric packaging (MAP) technology in FIBCs helps delay product deterioration by replacing oxygen with nitrogen during packing.
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The use of FIBCs in the food industry has gained significant traction due to their ability to enhance the shelf life of products. Moreover, container designs that prioritize hygiene and sanitation are more appealing to consumers.
To prevent product contamination, major players and end-users are taking stringent measures. UV-protected bags and FIBCs made of 100% virgin polypropylene fabric are the preferred options for outdoor applications, while cleanroom packaging helps mitigate the risk of contamination.
There is an increased risk of fire during the transportation of hazardous goods using FIBCs, especially in high-temperature areas. Therefore, there is a notable demand for fire retardant bulk bags among chemical companies involved in transporting explosive products. FIBCs made of PP fabric and incorporating fire-retardant chemicals provide the highest level of fire safety, leading to their 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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