The global ventilated FIBC market is poised for significant growth, with a projected value of US$ 23.5 billion in 2023 and an anticipated CAGR of 6.7%. This growth is driven by the ever-expanding food and beverage industry, as well as increasing demands from various end-use sectors. Ventilated FIBCs, also known as breathable bulk bags, feature ventilated strips along all sides and are made from flexible fabric, allowing easy airflow and preventing moisture buildup. Designed for materials requiring proper ventilation during storage and transportation, these FIBCs have capacities ranging from 500 to 1500 kg and comply with ISO 21898 norms, boasting ventilation levels of up to 45% and safety factors of 5:1 and 6:1.
The food industry heavily utilizes ventilated FIBCs due to their excellent ventilation and moisture resistance, making them ideal for packaging perishable food products. Additionally, the agricultural sector is a major end-user of these bags, as they provide sufficient air passage and prevent discoloration, keeping fruits and vegetables fresh for longer periods. As a result, the increasing agricultural industry is expected to drive the growth of ventilated FIBC bags over the forecasted period.
Asia Pacific is poised to emerge as the largest market for ventilated FIBCs, driven by high demand in the agricultural industry, particularly in countries like China and India. Indian farmers, in particular, are increasingly opting for these bags to maintain the freshness of their produce.
Be prepared for market fluctuations! Access the Sample Report to anticipate challenges and capitalize on opportunities @ https://www.futuremarketinsights.com/reports/sample/rep-gb-13314
Key Takeaways:
- Ventilated FIBC market to reach a value of US$ 23.5 billion in 2023, with a CAGR of 6.7%.
- Rapid growth in the food and beverage industry and increasing demand from various end-use sectors drive market expansion.
- Ventilated FIBCs offer benefits such as UV resistance, reusability, recyclability, and prevention of spoilage due to moisture and fungal infection.
- Asia Pacific expected to be the largest market for ventilated FIBC bags, led by demand in the agricultural industry.
- Key players in the market include Shalimar Thermoforming Industry, Brabender Technologie, Agilbag Container, and JumboSack Corporation
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
- Bulk Lift International
- Daman Polyfabs
- Eastco Industries (Group) Corp
- AceBulk Co.
- Ad-Manum Packagings Ltd
- Fischer Bag Company
Why is there a Significant Demand of Ventilated FIBC Market in India?
In the country like India whose major part of the economy depends on its agricultural sector, the best packaging is much needed which safely transfer the items from the agricultural field to the store to the consumer.
For this considering the benefits provided by the ventilated FIBC market, Indian manufacturers and farmers prefer this type of packaging to keep and carry the vegetables, fruits, rice, wheat, pulses and so many more. Rising demand for ventilated FIBC from agricultural sector in India is driving the market growth substantially.
Key Segments of Ventilated FIBC Market Covered in the Report
Empower your business for the road ahead! Request a personalized report to drive your expansion @ https://www.futuremarketinsights.com/customization-available/rep-gb-13314
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
Get a competitive edge – Speak to an analyst and gain valuable knowledge @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-13314
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.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
LinkedIn| Twitter| Blogs
