What is Global FIBC Conductive Bag Market?
The Global FIBC (Flexible Intermediate Bulk Container) Conductive Bag Market is a specialized sector within the packaging industry. These bags, also known as bulk bags or big bags, are designed to safely transport and store large quantities of dry, flowable products, including granules, powders, and flakes. The conductive aspect of these bags is particularly important in industries where static electricity could pose a risk, such as in the handling of flammable substances. The global market for these bags was valued at US$ 1454.2 million in 2022 and is projected to reach US$ 2167.9 million by 2029. This indicates a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period from 2023 to 2029.
Below 2 Tons, Above 2 Tons in the Global FIBC Conductive Bag Market:
The Global FIBC Conductive Bag Market can be segmented based on the capacity of the bags. The two main categories are bags with a capacity of below 2 tons and those with a capacity of above 2 tons. The choice between these two types depends on the specific needs of the user. Bags with a capacity of below 2 tons are typically used for lighter, bulkier materials, while those with a capacity of above 2 tons are used for heavier, denser materials. The type of material being transported also plays a role in the choice of bag. For example, bags with a capacity of above 2 tons might be used for transporting heavy materials like sand or gravel, while those with a capacity of below 2 tons might be used for lighter materials like grain or plastic pellets.
Chemical, Food, Pharmaceutical, Others in the Global FIBC Conductive Bag Market:
The Global FIBC Conductive Bag Market finds usage in various sectors including the chemical, food, pharmaceutical, and other industries. In the chemical industry, these bags are used for transporting and storing a wide range of products, from raw materials to finished goods. They are particularly useful in this industry due to their ability to prevent static electricity, which can be a major safety hazard when handling flammable chemicals. In the food industry, these bags are used for transporting and storing bulk quantities of food products like grains, sugar, and flour. They are favored in this industry due to their ability to keep the food products safe from contamination. In the pharmaceutical industry, these bags are used for transporting and storing bulk quantities of pharmaceutical ingredients and finished products. They are chosen in this industry due to their ability to maintain the integrity of the pharmaceutical products, preventing contamination and ensuring safety. In other industries, these bags are used for a variety of purposes, depending on the specific needs of the industry.
Global FIBC Conductive Bag Market Outlook:
To rephrase the market outlook for the Global FIBC Conductive Bag Market, it can be said that the market was worth US$ 1454.2 million in 2022 and is expected to grow to US$ 2167.9 million by 2029. This represents a Compound Annual Growth Rate (CAGR) of 5.8% during the forecast period from 2023 to 2029. Europe is the second largest consumer of these bags, accounting for 30% of the consumption market share. The top five manufacturers of these bags account for 14% of the market revenue.
| Report Metric | Details |
| Report Name | FIBC Conductive Bag Market |
| Accounted market size in 2022 | US$ 1454.2 in million |
| Forecasted market size in 2029 | US$ 2167.9 million |
| CAGR | 5.8% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Consumption by Region |
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| By Company | Global-Pak, Flexi-tuff, Isbir, BAG Corp, Greif, Conitex Sonoco, Berry Global, AmeriGlobe, LC Packaging, RDA Bulk Packaging, Sackmaker, Langston, Taihua Group, Rishi FIBC, Halsted, Intertape Polymer, MiniBulk, Bulk Lift, Wellknit, Emmbi Industries, Dongxing, Yantai Haiwan, Kanpur Plastipack, Yixing Huafu, Changfeng Bulk, Shenzhen Riversky |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
