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The market for bulk bags, with regards to industry, has had a diverse range of trends in recent times and that is simply the fact because these ingenious packaging solutions are quite versatile. However, eco-packaging might become a high demanding trend. When sustainability is a leading goal of the cross-industry activities, bulk bags, which are also called flexible intermediate bulk containers (FIBCs), have grown in popularity due to the fact that they can be recycled and re-used. The businesses are now more demanding for packaging materials being developed in such a way that they are from nature-friendly wastebags and support circular economy.
However, it is also interesting to say that the innovation tendency in bulk bags production is increasingly getting to be more common, as well as the personalization. While shipping businesses may be expected to integrate custom tailored packaging along the industry transformation. B responding to the trend a lot of bulk bag manufacturers are offering customization options that differ in size, material, and function as well. This has clearly been the case in usually arising. For example, agriculture, chemicals, and food processing.
Trade and commerce with the world have also a key part played in determining the dynamics of the market for bulk bag. The businesses quench this thirst by expanding their visibility in international market. They have in this regard an evergreen demand for bags that conform to the global norms and regulations. It has been the main factor associated with the birth and development of customized bulks bags suitable for certifications and requirements by all international organizations and an ideal solution to global market transportation and adherence to the diverse regulations.
Intensified efforts to reduce prices and provide value for money is still what has strongly affected the bulk bags market trends. While several industries are switching to caterer bags because of their cost-effective nature as they also help in saving transportation costs and storage, this packaging solution has had overwhelmingly positive effects. One of the essential characteristic of bulk bags is their lightweigh feature therefore keeps the shipping cost at reasonable level making the bulk bags an appealing possibility for the businesses that would like to run an efficient supply chain.
The progress made in the sector has also made a remarkable contribution to rising bulk bags in the market. Through the latest technology integration in modern manufacturing, this kind of quality and longevity of bulk bags have significantly improved. Resistance to climate agents as well as environmental problem is resolved with reinforced stitching and innovative coating materials that enhance the performance index of the product. So, manufactures are on the go in search of a technology that will best satisfy the market surrounding bulk bags.
Bulk Bags Market Highlights:
Global Bulk Bags Market Overview
Bulk Bags Market Size was valued at USD 2.9 Billion in 2022. The Bulk Bags industry is projected to grow from USD 3.1 Billion in 2023 to USD 5.2 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 6.80% during the forecast period (2023 - 2032). Globally expanding food and pharmaceutical industries, a growing demand to lower bulk packaging's overall weight, and expanding manufacturing and construction sectors, are the key market drivers enhancing the market growth.
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Bulk Bags Market Trends
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Rising food and pharmaceutical industries across the world is driving the market growth
Bulk bags are utilised in a variety of end-use industries, including waste management, building & construction, chemical, pharmaceutical, agricultural, mining, and culinary. Because of the expanding pharmaceutical business globally as a result of an ageing population and an increase in chronic diseases, the need for bulk bags in the pharmaceutical sector is anticipated to increase more quickly. Due to their minuscule weight, flexible intermediate bulk containers reduce the overall weight of bulk packaging. Multiple Bulk Bags can be folded and pressed together to be kept in a small area.Bulk Bags are constructed of polypropylene (PP), a flexible woven material, and may store 500 kg to 2,000 kg of weight. Commonly used to store dry and flowable goods including grains, seeds, salts, chemicals, sands, clays, cement, and others are these flexible intermediate containers. Bulk bags are mostly used in industrial settings to handle raw, semi-finished, and finished grains and small-size materials.
Forklifts are used in industrial settings to mechanically handle filled flexible intermediate bulk containers. Bulk Bags are inexpensive, lightweight, and simple to handle. Bulk Bags are widely utilised in the food and beverage, pharmaceutical, agricultural, and chemical industries as a consequence of the advantages they provide. Their adoption rate in bulk packaging is noticeably higher than that of rigid and corrugated packaging due to the aforementioned advantages. The bulk bag market is expected to grow as commercial activity increases globally. The necessity for bulk bags for packing and shipping hazardous liquids, cereals, fertilisers, and other products has increased with the expansion of international trade operations. For instance, bulk bags are getting more and more well-liked across a range of end-use industries. The need for PP jumbo bags is primarily being driven by the chemical and product sectors globally. Bulk bags may also be used for storage and transportation, which makes them very convenient to handle and promotes the expansion of the bulk bag market. Additionally, the Bulk Bags' low price makes them a more sensible packing option.
Additionally, businesses included in the bulk bag market are developing packaging solutions to satisfy the expanding end-use sector demand and are concentrating on new goods with enhanced features. For instance, Greif, Inc. released SealGuard in 2020 to address common issues with applications for bulk bags used in the food, pharmaceutical, and chemical industries. In order to produce Bulk Bags more automatically, the company set out to create a completely new set of material and manufacturing process improvements with SealGuard.Thus, driving the Bulk Bags market revenue.
Bulk Bags Market Segment Insights
Bulk Bags Fabric Type Insights
The Bulk Bags market segmentation, based on Fabric Type, includes Type A, Type B, Type C, and Type D. Type A segment dominated the market in 2022. A basic FIBC is classified as Type A, and it is constructed from plain polypropylene or another non-conductive material. In contrast to other product kinds, it lacks any electrical charge dissipative capabilities. Because of this, combustible goods like product powder cannot be transported in these FIBCs.
Figure 1: Bulk Bags Market, by Fabric Type, 2022 & 2032 (USD Billion)
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Bulk Bags Capacity Insights
The Bulk Bags market segmentation, based on Capacity, includes Small (less than 0.75 cu.m), Medium (0.75 to 1.5 cu.m), and Large (greater than 1.5 cu.m). The medium (0.75 to 1.5 cu.m) segment dominated the market in 2022. The rising demand for medium capacity bulk bags is to blame for this.
Bulk Bags Design Insights
The Bulk Bags market segmentation, based on Design, includes U-Panel Bags, Baffles, Four Side Panels, Cross Corner, Tabular, Circular, and Others. The baffles segment dominated the Bulk Bags market in 2022.This can be attributable to the end user industry's rising demand.
Bulk Bags End User Insights
The Bulk Bags market segmentation, based on End User, includes Mining, Fertilizers, Chemicals, Construction, Food, Beverage, Pharmaceuticals, and Others. Food segment dominated the Bulk Bags market in 2022.FIBCs are frequently used in the food sector to handle agricultural items including grains, rice, potatoes, cereals, and others as well as in food processing businesses. Over the projected period, the market is anticipated to be driven by the expanding food processing industry as a result of an increase in per capita income.
Bulk Bags Regional Insights
By region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. The North America Bulk Bags Market dominated this market in 2022 (45.80%). The region's expanding pharmaceutical industry is the driving force behind this. The regional market is expanding as a result of the large-scale chemical and manufacturing industries' widespread adoption of FIBC. Additionally, over the course of the forecast period, demand for flexible intermediate bulk containers is anticipated to benefit from the region's agriculture and food processing businesses' consistent growth rates.Further, the U.S. Bulk Bags market held the largest market share, and the Canada Bulk Bags market was the fastest growing market in the North America region.
Further, the major countries studied in the market report are The US, Canada, German, France, the UK, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.
Figure 2: BULK BAGS MARKET SHARE BY REGION 2022 (USD Billion)Â 
Source: Secondary Research, Primary Research, MRFR Database and Analyst Review
Europe Bulk Bags market accounted for a healthy market share in 2022. Significant opportunities for market expansion are being presented by the region's favourable expansion of end-use industries like agriculture, chemicals, and food. Further, the German Bulk Bags market held the largest market share, and the U.K Bulk Bags market was the fastest-growing market in the European region.
The Asia Pacific Bulk Bags market is expected to register significant growth from 2023 to 2032. The two major agricultural producers in the world are China and India. The world's largest chemical industry is also located in China. Additionally, compared to the rest of the world, the pharmaceutical market in the region is expanding at the fastest rate. As a result of the aforementioned reasons, the Asia Pacific market is anticipated to grow at a spectacular rate over the course of the forecast period in terms of both volume and revenue. Moreover, China’s Bulk Bags market held the largest market share and the Indian Bulk Bags market was the fastest growing market in the Asia-Pacific region.
Bulk Bags Key Market Players & Competitive Insights
Leading market players are investing heavily in research and development in order to expand their product lines, which will help the bulk bag manufacturers grow even more. Market participants are also undertaking a variety of strategic activities to expand their footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Bulk Bags industry must offer cost-effective items.
Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the Bulk Bags industry to benefit clients and increase the market sector. In recent years, the Bulk Bags industry has offered some of the most significant advantages to medicine. Major players in the Bulk Bags market, including Greif Inc., Conitex Sonoco, BAG Corp, Langston Companies Inc., RDA Bulk Packaging Ltd., Bulk Lift International, Berry Group Inc, J&HM Dickson Ltd, LC Packaging, and Emmbi Industries Ltd, are attempting to increase market demand by investing in research and development Fabric Types.
Greif Inc. (Greif) is a company that produces packaging goods. It provides industrial packaging items such water bottles, reconditioned containers, rigid intermediate bulk containers, closure systems for industrial packaging items, steel, fibre, and plastic drums, rigid intermediate bulk containers, transit protection devices, and so forth. The company offers filling, packaging, container life cycle services, logistics, and warehousing as part of its service range. In addition, Grief produces and sells flexible intermediate bulk containers. It produces and sells wood from the US-maintained timberland to other buyers. The business provides its goods and services to a number of sectors, including agriculture, the automobile, pharmaceutical, mineral, and food and beverage industries. The business is present across North and South America, Asia Pacific, Europe, the Middle East, and Africa. United States-based Greif is based in Delaware, Ohio. Greif, Inc. unveiled SealGuard in 2020, a creation made to address common problems in existing FIBC applications for the food, pharmaceutical, and chemical industries.
In Ahmedabad, India, Umasree Texplast produces eco-friendly big bags and containers. The business specialises in creating large PET-recycled bags. In order to support the circular economy and Make in India, Umasree Texplast and Brazilian company Packem have formed a joint venture to produce FIBC (Flexible Intermediate Bulk Container)/Jumbo Bags made of PET/PCR (rPET) that are 100 percent sustainable. This investment totals USD 15 million (roughly 120 crores).
Key Companies in the Bulk Bags market include
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Greif Inc.
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Conitex Sonoco
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Langston Companies Inc.
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RDA Bulk Packaging Ltd.
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Berry Group Inc
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J&HM Dickson Ltd
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LC Packaging
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Emmbi Industries Ltd
Bulk Bags Industry Developments
March 2022:Â SIA introduced the Trinity Tank, a three-pod Reefer Flexitank system that allows shippers to pack multiple bulk liquids into a single container.
Bulk Bags Market Segmentation
Bulk Bags Fabric Type Outlook
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Type A
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Type B
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Type C
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Type D
Bulk Bags Capacity Outlook
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Small (less than 0.75 cu.m)
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Medium (0.75 to 1.5 cu.m)
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Large (greater than 1.5 cu.m)
Bulk Bags Design Outlook
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U-Panel Bags
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Baffles
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Four Side Panels
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Cross Corner
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Tabular
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Circular
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Others
Bulk Bags End User Outlook
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Mining
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Fertilizers
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Chemicals
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Construction
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Food
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Beverage
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Pharmaceuticals
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Others
Bulk Bags Regional Outlook
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North America
- US
- Canada
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Europe
- Germany
- France
- UK
- Italy
- Spain
- Rest of Europe
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Asia-Pacific
- China
- Japan
- India
- Australia
- South Korea
- Australia
- Rest of Asia-Pacific
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Rest of the World
- Middle East
- Africa
- Latin America
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