The global FIBC (Flexible Intermediate Bulk Container) market will register an 5.2% CAGR in terms of revenue, the global market size will reach US$ 9862.4 million by 2027.
In 2021, the global flexible intermediate bulk container market was worth USD 6.8 billion, and it is predicted to grow at a CAGR of 5.2% over the forecast period. The market is being driven by the growing food and pharmaceutical industries around the world, the need to reduce overall bulk packaging weight, and the growing manufacturing and construction sectors in Asia Pacific.
Based on the FIBC (Flexible Intermediate Bulk Container) market development status, competitive landscape and development model in different regions of the world, this report is dedicated to providing niche markets, potential risks and comprehensive competitive strategy analysis in different fields of Consumer Goods. From the competitive advantages of different types of products and services, the development opportunities and consumption characteristics and structure analysis of the downstream application fields are all analyzed in detail. To Boost Growth of FIBC (Flexible Intermediate Bulk Container) during the epidemic era, this report analyzes in detail for the potential risks and opportunities which can be focused on.
The report also assesses the key opportunities in the FIBC (Flexible Intermediate Bulk Container) market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall global FIBC (Flexible Intermediate Bulk Container) Market has also been forecasted for the period 2022-2027, taking into consideration the previous growth patterns, the growth drivers and the current and future trends.
Who are the Major Players in FIBC (Flexible Intermediate Bulk Container) Market?
Top Key players in the FIBC (Flexible Intermediate Bulk Container) Market have been identified through secondary research, and their market shares have been determined through primary and secondary research. The global FIBC (Flexible Intermediate Bulk Container) Market is fragmented with a large number of small players operating worldwide. The companies referred in the market research report includes Global-Pak, Flexi-tuff, Isbir, BAG Corp, Greif, Conitex Sonoco, Berry Plastics, AmeriGlobe, LC Packaging, RDA Bulk Packaging, Sackmaker, Langston, Taihua Group, Rishi FIBC, Halsted, Intertape Polymer, Lasheen Group, MiniBulk, Bulk Lift, Wellknit, Emmbi Industries, Dongxing, Yantai Haiwan, Kanpur Plastipack, Yixing Huafu, Changfeng Bulk, Shenzhen Riversky and others.
GREIF LAUNCHES REAL-TIME TRACKING FOR IBCS AT UPCOMING LOGICHEM VIRTUAL EVENT
September 2020- Greif launched real time tracking technology, GCube Connect, for composite Intermediate Bulk Containers (IBCs) in its drive to help customers increase performance, reduce costs and improve their carbon footprint. GCUBE Connect helps improve visibility across the entire supply chain with the help of Internet of Things and allows customers to receive live data about their product allowing them to increase sales, reduce freight costs, optimize production planning and automate procurement and sales processes
Market is segmented based on the type, applications, companies and regions.
By Type, FIBC (Flexible Intermediate Bulk Container) Market has been segmented into
The end user’s industry application on FIBC (Flexible Intermediate Bulk Container) Market is,
The Asia-Pacific market is expected to grow rapidly in terms of both volume and revenue. China and India are two of the world's greatest agricultural producers. Furthermore, China boasts one of the world's major chemical industries. Furthermore, as compared to other parts of the world, the pharmaceutical market in the region is growing at one of the fastest rates. As a result of the aforementioned factors, Asia-Pacific is expected to grow at a rapid pace in both volume and revenue throughout the forecast period.
North America
The FIBC (Flexible Intermediate Bulk Container) Market describes the factors driving the global growth opportunities in upcoming years and highlights market channels. In addition, the report analyzes market size and share, trends, by geographic region, end-use type and segment. It focuses extensively on revealing a detailed regional analysis. The Global FIBC (Flexible Intermediate Bulk Container) Market report also conducted a PESTEL analysis of the industry to study the main influencing factors and entry barriers of the industry.
Report Attributes | Report Details |
Report Title | FIBC (Flexible Intermediate Bulk Container) Market - Global Growth, Trends and Forecast (2022 - 2027) By Types, By Application, By Regions and By Key Players: Global-Pak, Flexi-tuff, Isbir, BAG Corp, Greif, Conitex Sonoco, Berry Plastics, AmeriGlobe, LC Packaging |
Forecast Period 2022 to 2028 CAGR | CAGR of 5.2% over the forecast period (2022-2027) |
By Type |
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By Application |
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By Companies | Global-Pak, Flexi-tuff, Isbir, BAG Corp, Greif, Conitex Sonoco, Berry Plastics, AmeriGlobe, LC Packaging, RDA Bulk Packaging, Sackmaker, Langston, Taihua Group, Rishi FIBC, Halsted, Intertape Polymer, Lasheen Group, MiniBulk, Bulk Lift, Wellknit, Emmbi Industries, Dongxing, Yantai Haiwan, Kanpur Plastipack, Yixing Huafu, Changfeng Bulk, Shenzhen Riversky |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 133 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The FIBC (Flexible Intermediate Bulk Container) Market is studied from 2017 - to 2027.
What is the growth rate of FIBC (Flexible Intermediate Bulk Container) Market?
The FIBC (Flexible Intermediate Bulk Container) Market is growing at a CAGR of 5.2% over the next 5 years.
Who are the key players in FIBC (Flexible Intermediate Bulk Container) Market?
Global-Pak, Flexi-tuff, Isbir, BAG Corp, Greif, Conitex Sonoco, Berry Plastics, AmeriGlobe, LC Packaging, RDA Bulk Packaging, Sackmaker, Langston, Taihua Group, Rishi FIBC, Halsted, Intertape Polymer, Lasheen Group, MiniBulk, Bulk Lift, Wellknit, Emmbi Industries, Dongxing, Yantai Haiwan, Kanpur Plastipack, Yixing Huafu, Changfeng Bulk, Shenzhen Riversky
What regions does this FIBC (Flexible Intermediate Bulk Container) Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of FIBC (Flexible Intermediate Bulk Container) Market?
Type A FIBCs, Type B FIBCs, Type C FIBCs, Type D FIBCs
What are the major end-use applications of the FIBC (Flexible Intermediate Bulk Container) Market?
Chemical Industry, Food Industry, Pharmaceutical Industry, Others
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
The market engineered data is verified and validated by a number of experts, both in-house and external.
REPORT WRITING/ PRESENTATION
After the data is curated by the mentioned highly sophisticated process, the analysts begin to write the report. Garnering insights from data and forecasts, insights are drawn to visualize the entire ecosystem in a single report.
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