Envisioned to reach a value of US$ 23.5 billion in 2023, the global ventilated Flexible Intermediate Bulk Container (FIBC) market is poised for substantial growth, with projections indicating an impressive expansion at a Compound Annual Growth Rate (CAGR) of 6.7%. Fueled by innovations in packaging, the market is set to surge, surpassing a significant milestone at US$ 44.9 billion by 2033. As industries increasingly prioritize efficient and breathable packaging solutions for various goods, ventilated FIBCs emerge as a key player, underscoring their essential role in meeting the evolving demands of global supply chains and logistics.
Termed as breathable bulk bags, Ventilated Flexible Intermediate Bulk Containers (FIBCs) feature ventilated strips on all sides, constructed with flexible fabric. Specifically engineered with air vents woven into the fabric, these bags facilitate the seamless flow of air within the contents while preventing moisture accumulation. Crafted from a specialized polypropylene material, ventilated FIBCs are designed to cater to the storage and transportation needs of materials that necessitate adequate airflow. As an innovative packaging solution, these bags address the unique requirements of industries where ventilation and moisture control are crucial, positioning them as a versatile and essential component in the realm of bulk material handling.
Asia Pacific is poised to solidify its position as the predominant market for ventilated Flexible Intermediate Bulk Container (FIBC) bags, a trend expected to persist through the forecast period, driven by heightened demand in the agricultural sector. Notably, countries such as China and India are at the forefront, demonstrating substantial and sustained demand for ventilated FIBC bags. In India, farmers increasingly favor these bags to maintain the freshness of their products, contributing to the region’s robust demand. The agricultural industry’s reliance on efficient packaging solutions underscores the pivotal role of ventilated FIBC bags in meeting the evolving needs of Asia Pacific’s dynamic market landscape.
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Benefits of Ventilated FIBCs
Ventilated FIBCs offer a plethora of benefits that make them a preferred choice:
- Environmental Friendliness: These containers reduce the need for single-use packaging, contributing to a greener planet.
- Cost-Efficiency: Businesses enjoy cost savings through reduced packaging and transportation expenses.
- Improved Product Quality: Air circulation prevents moisture build-up and maintains material integrity.
Competitive Landscape
Key Players involved in the Ventilated FIBC Market are
- Shalimar Thermoforming Industry
- Brabender Technologie
- Fresal Embalagens
- JumboSack Corporation
- Agilbag Containers
- Berg Bag Company
- Capro Industries
- Grayling Industries
- Global-Pak Inc.
- Karur K.C.P. Packagings Ltd
- Jet Tech Pvt Ltd
- LC Packaging
- Kingswell Industries
- Allied Propack Pvt Ltd
- Paglierani Srl
What Restraints the Growth of the Ventilated FIBC Market?
One of the factor that limits the sales of ventilated FIBC’s is its inability to provide ait tight packaging to industrial and non-industrial products. There are certain products which required air tight packaging for long shelf life. The inability of ventilated FIBC’s to provide required air tight packaging is hindering the market growth.
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Key Segments of Ventilated FIBC Market Covered in the Report
Based on Product Type:
- Full Open Top
- Inlet Spout with Tie
- Cone Top with Spout
- Others
Based on Strip Fabrics:
- Two sides
- Four sides
Based on Construction:
- Circular
- 4 Panel
- U Panel
- Baffle
Based on End-use Industry:
- Food & Beverages
- Agriculture
- Pharmaceuticals
- Others
Based on Region:
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East & Africa
- Oceania
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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