The Europe bulk bags market is poised for substantial growth from 2020 to 2030, driven by the increasing demand for eco-friendly and sustainable packaging solutions across diverse industries like agriculture, construction, chemicals, food, and beverage.
Bulk bags, also known as flexible intermediate bulk containers (FIBCs), are specifically designed to store and transport bulk materials such as powders and granules. Made from polypropylene, these bags offer reliability, versatility, and cost-effectiveness, making them widely adopted in multiple industries.
The expansion of the construction sector, coupled with the growing adoption of bulk bags for storing and transporting construction materials, is anticipated to drive significant demand in the European market throughout the forecast period. Additionally, the food and beverage industry, which extensively utilizes bulk bags for packaging grains, flour, sugar, and other food items, is expected to contribute to market growth.
Sustainability has become a crucial focus across industries, leading to an increased demand for eco-friendly packaging solutions like bulk bags. These bags offer advantages such as reusability, recyclability, and reduced environmental impact compared to traditional packaging options. This aligns with the growing preference for sustainable practices and regulations promoting responsible packaging.
Furthermore, the rising consumer and business focus on environmentally friendly and sustainable packaging solutions has resulted in a surge in demand for bulk bags in Europe. Compared to traditional packaging methods like paper bags and cardboard boxes, bulk bags are more environmentally friendly as they can be reused.
In conclusion, the Europe bulk bags market is set for remarkable growth, driven by the need for sustainable packaging solutions and the versatility and cost-effectiveness of bulk bags in various industries. As the demand for eco-friendly packaging continues to rise, bulk bags are poised to play a pivotal role in meeting the packaging needs of European industries while adhering to environmentally responsible practices.
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Key Takeaways from Bulk Bags Market
- Increasing focus on improving trade will favour bulk bags sales in Europe, enabling the market to rise at a steady 3.4% CAGR between 2020 and 2030
- Negatives sales likely in the U.K. amid COVID-19, however, recovery of the market is expected 2022 onwards
- 2021 and 2022 to remain uneventful years as Germany and France might continue registering declining sales, demand is expected to increase 2022 onwards
- Despite decelerating sales, Benelux is expected to register a positive growth at little below 1% in 2021
Who is winning?
Grief, Inc., Berry Global Group, Inc., Intertape Polymer Group, Conitex Sonoco, LC Packaging International BV, Bag Corp, Sackmaker J&HM Dickson Ltd., Emmbi Industries Ltd., RDA Bulk Packaging Ltd. Conrop, s.r.o., MANICARDI srl, Sokuflex Behälter GmbH, Bulk Containers Europe BV, DIV Trades d.o.o., TiszaTextil Plastic Processing and Sales LTD., PLASTCHIM-T AD, Pera Plastic Czech s.r.o., Romtextil SA, EUROFLEX FIBC LIMITED, and BLOCKX GROUP are the prominent players in the Europe bulk bags market. The Tier 3 players in the market hold 70-80% in the Europe bulk bags market. In conclusion, key players contribute almost 20-30% of the Europe demand.
Key Benefits for the Europe Bulk Bags Market:
- Porter’s Five Forces Analysis: The report utilizes Porter’s Five Forces Analysis to assess the potential of buyers and suppliers, as well as the competitive landscape of the industry. This analysis helps in formulating effective strategies by understanding the market dynamics and competitive scenario.
- Regional Revenue Mapping: The report provides a mapping of major countries within each region based on their individual revenue contribution to the global or regional market. This mapping allows for a better understanding of the market’s regional dynamics and helps in identifying potential growth areas.
- Trend Analysis and Future Scenario: The report presents current market trends and forecasts the future scenario of the Europe bulk bags market from 2020 to 2030. This analysis helps stakeholders to identify prevailing opportunities and potential investment pockets in the market.
- Key Player Profiles and Strategic Developments: The report includes profiles of key players in the Europe bulk bags market, along with their key strategic developments. This information offers insights into the competitive landscape and the strategies implemented by market leaders.
- Impact Analysis of Drivers, Restraints, and Opportunities: The study provides a detailed analysis of the key drivers, restraints, and opportunities in the Europe bulk bags market. The impact of these factors on the market is elucidated, helping stakeholders to understand the market dynamics and make informed decisions.
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Regional Outlook:
Pharmaceutical Industry’s Impact on Bulk Bags Sales in Germany
Germany’s Pharmaceutical Export Market: The pharmaceutical industry in Germany plays a crucial role in supporting the sales of bulk bags. In 2019, Germany exported approximately 15% of the global drugs and medicines. The need for UN certified and other bulk bags remains high in Germany due to the country’s growing export activities and advancements in drug and medicine production.
Growth Opportunities for Bulk Bags in the UK
Expanding Chemical Industry: The UK’s chemical industry, which generated US$ 74.6 billion in revenues and US$ 22.8 billion in value added in 2019, presents a significant opportunity for bulk bag sales. As the country’s second-largest manufacturing sector, the chemical industry encompasses various sectors, including petrochemicals, polymers, agrochemicals, and more.
Export Opportunities Driving Bulk Bags Manufacturers in Russia
Seaport Trade and Coastal Trades: Export activities and the handling of cargo in Russian ports have witnessed significant growth, creating opportunities for bulk bag manufacturers. The yearly volume of cargo handled by Russian ports reached 840.3 million tons, and Russia’s coal exports accounted for approximately 11% of the global market share in 2019.
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Bulk Bags Market by Category
Product Type
- 1&2 loops bags
- Four loop big bag
- Form stable big bag – Q-bag
- Anti-static big bag – Antistatic Bag
- Big bag with valve Cross Corner Bag
- UN Big bag – Food Bag
End Use
- Building & Construction
- Chemicals & Fertilizers
- Food Products & Agriculture
- Pharmaceuticals
- Mining
Country
- Germany
- Spain
- Italy
- France
- K.
- Benelux
- Nordic
About FMI
Future Market Insights, Inc. (ESOMAR certified, Stevie Award – recipient market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years.
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