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Rapid Growth Expected in Global FIBC Market, with a Projected Value of US$ 11.9 Billion by 2032, Driven by Increasing Demand for Bulk Packaging Solutions.

Jan 27, 2024

To manufacture flexible intermediate bulk containers (FIBCs), strong sheets of heavy-duty PVC-covered polyester or nylon are interconnected, and the containers are then lifted using pallets. However, with the increasing demand for flexible packaging that occupies less space, woven polypropylene bulk bags have become feasible alternatives to traditional FIBCs.

FIBCs have undergone continuous structural and design improvements, making them particularly suitable for transporting hazardous chemicals. According to Future Market Insights, FIBCs find extensive use in industries such as mining, building and construction, food, and agriculture.

The advantages of FIBCs extend beyond bulk packaging; they also ensure product safety and extended shelf life. FIBCs integrated with modified atmospheric packaging (MAP) technology can delay product deterioration by replacing oxygen with nitrogen in the packaging.

The utilization of FIBCs in the food industry has significantly increased due to their ability to extend the shelf life of products. Furthermore, container designs that prioritize hygiene and sanitation are more appealing to consumers.

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Hence, key players and end-users are taking substantial precautions to prevent product contamination. UV-protected bags and FIBCs made of 100% virgin polypropylene fabric are considered the best options for outdoor applications, while cleanroom packaging helps reduce the risk of contamination.

The risk of fire during transportation is higher when FIBCs are used for transporting hazardous goods, especially in high-temperature areas. Consequently, there is a significant demand for fire retardant bulk bags among chemical companies that transport explosive products. FIBCs made of polypropylene fabric with fire-retardant chemicals provide maximum fire safety, which explains their high demand in recent years.

Key Takeaways from Global FIBC Market

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Competitive Landscape

Key players in the FIBC market are concentrating on providing lighter-weight and more environmentally friendly FIBC. Some of the key companies are Grief, Inc., Berry Global Group, Inc., Intertape Polymer Group., Conitex Sonoco, LC Packaging International BV, RDA Bulk Packaging Ltd., Masterpack Group Conrop, s.r.o., MANICARDI® srl, J&HM Dickson Ltd., DS SMITH plc, Sokuflex Behälter GmbH, Bulk Containers Europe BV

Key Players:

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Global FIBC Market by Category

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Future Market Insights (ESOMAR certified 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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