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Flexible Intermediate Bulk Container Market 2021: Key Stakeholders, Subcomponent Manufacturers, Industry Association 2026 | Grand View Research, Inc.

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Flexible Intermediate Bulk Container Market 2021: Key Stakeholders, Subcomponent Manufacturers, Industry Association 2026 | Grand View Research, Inc.

November 15
12:20 2021
Flexible Intermediate Bulk Container Market 2021: Key Stakeholders, Subcomponent Manufacturers, Industry Association 2026 | Grand View Research, Inc.
“Grand View Research, Inc. – Market Research And Consulting.”
According to a new report published by Grand View Research, rising food and pharmaceutical industries across the world, increasing need to reduce the overall weight of bulk packaging, and growing manufacturing and construction sectors in the Asia Pacific are the key factors driving the market growth

The global flexible intermediate bulk container market size is projected to reach USD 6.4 billion by 2026, progressing at a CAGR of 5.9% over the forecast period, according to a new report by Grand View Research, Inc. Growing food and pharmaceutical industries across the world and increasing need to reduce overall weight of bulk packaging are among the key factors driving the demand for flexible intermediate bulk containers.

Flexible intermediate bulk containers (FIBCs) are also known as bulk bags, jumbo bags, and big bags. These are made of flexible woven material typically polypropylene (PP) and possess the capacity to hold 500 kg to 2,000 kg of weight. They are commonly used to store dry and flowable products such as grains, seeds, salts, chemicals, sands, clays, cement, and others. FIBC majorly finds application in various end-use industries including food, chemical, pharmaceutical, building & construction, mining, and others.

Countries in North America and Europe are the largest consumers of FIBC. Key product manufacturing countries are China, Turkey, and India. The global market players for flexible intermediate bulk containers majorly compete on the basis of price per unit. Therefore, in order to lower the cost of production, manufacturing companies and distributors of North America and Europe largely outsource manufacturing activities from the aforementioned countries.

The demand for flexible intermediate bulk containers in developed countries including the U.S., Japan, Germany, France, and others, is mainly driven by rising pharmaceutical industry owing to increasing aging population. In emerging countries, the demand for FIBCs is majorly driven by rising food processing and agricultural industries. Steady growth rate of chemical industry and significant growth rate of pharmaceutical industry across the world are also expected to positively impact the global demand for flexible intermediate bulk containers.

Browse full report with Table of Content @ https://www.grandviewresearch.com/industry-analysis/flexible-intermediate-bulk-container-fibc-market

Flexible Intermediate Bulk Container Market Report Highlights

• In terms of revenue, type A segment is anticipated to reach USD 4.2 billion by 2026 with a CAGR of 5.9% from 2019 to 2026

• In terms of revenue, pharmaceutical segment is expected to witness the highest growth rate over the forecast period in the market owing to rising pharmaceutical industry across the world

• Type D product segment is anticipated to reach USD 302.2 million by 2026 owing to its benefits such as electric charge dissipative abilities while filling and discharging powdered materials

• Some of the key companies present in the market are Global-Pak, Bag-Corp, Isbir Sentetik, Greif, Plastipak Industrial Textiles, Bulk Lift International, Halsted, Jumbo Bag Limited, Rishi FIBC Solutions, Taihua Group, Intertape Polymer Group, LC Packaging, and Langston Companies, Inc.

• The FIBC market is highly fragmented with the presence of a large number of players across the regions that compete primarily on the basis of pricing.

For Requesting a Sample Copy of This Report, Please Visit @ https://www.grandviewresearch.com/industry-analysis/flexible-intermediate-bulk-container-fibc-market/request/rs1

Flexible Intermediate Bulk Container Market Segmentation

Grand View Research has segmented the global FIBC market on the basis of product, end use, and region.

FIBC Product Outlook (Volume, Million Units; Revenue, USD Million, 2015 – 2026)                           

    • Type A                                               

    • Type B                              

    • Type C                             

    • Type D     

FIBC End Use Outlook (Volume, Million Units; Revenue, USD Million, 2015 – 2026)

    • Food

    • Chemical

    • Pharmaceuticals

    • Others

FIBC Regional Outlook (Volume, Million Units; Revenue, USD Million, 2015 – 2026)

     • North America       

        • U.S.

     • Europe

        • Germany

        • France

     • Asia Pacific

        • China

        • India

        • Japan

     • Central & South America

        • Brazil

     • Middle East & Africa

        • UAE

Inquire more or share questions if any before the purchase on this report @ https://www.grandviewresearch.com/inquiry/5473/ibb

Browse More Related Report:

Returnable Packaging Market Size, Share & Trends Analysis Report By Material (Plastic, Metal), By Product (Pallets, IBCs), By End Use (Food & Beverages, Healthcare), By Region, And Segment Forecasts, 2021 – 2028

About Grand View Research                  

Grand View Research is a full-time market research and consulting company registered in San Francisco, California. The company fully offers market reports, both customized and syndicates, based on intense data analysis. It also offers consulting services to business communities and academic institutions and helps them understand the global and business scenario to a significant extent. The company operates across multitude of domains such as Chemicals, Materials, Food and Beverages, Consumer Goods, Healthcare, and Information Technology to offer consulting services.

Media Contact
Company Name: Grand View Research, Inc.
Contact Person: Sherry James, Corporate Sales Specialist – U.S.A.
Email: Send Email
Phone: 1888202951
Address:Grand View Research, Inc. 201 Spear Street 1100 San Francisco, CA 94105, United States
City: San Francisco
State: California
Country: United States
Website: https://www.grandviewresearch.com/industry-analysis/flexible-intermediate-bulk-container-fibc-market

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