Ventilated FIBC Market to Witness Sales Slump in Near Term Due to COVID-19; Long-term Outlook Remains Positive

Ventilated FIBC bags also known as bulk bags or jumbo bags or FIBC bags. They are called as bulk bags because of the intermediate sized container. Ventilated FIBC’s are made out of plastic or petroleum materials in to a type of a cubic shaped bags. The material is structured to support heavy weighted products.

The ventilated FIBC’s are nothing but a flexible bag that is used to carry heavy containers or products with minimum weight of 500 pounds and maximum weight of 4000 pounds. These bags are used in almost many purposes in all industries where lots of heavy items have to be lifted.

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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.

What are the Success Factor for the Growth of Ventilated FIBC Market Packaging in the Agricultural Industry?

The ventilated FIBC bags market is expected to grow widely globally but when considering agricultural industry it is the major contributor to the ventilated FIBC market growth as the items used to pack are majorly food items such as wheat, rice, pulses, seeds, fertilizers, salt, chilli and many more. All these items are required not to get contaminated and expire before it reaches the consumers.

Also ventilated FIBC retain the original colour of the product which is an important factor for vegetables and fruits as this is the main factor which attracts the customer to buy the product giving them the satisfaction of buying fresh fruits and vegetables. This is another success factor which promotes demand for ventilated FIBC’s in the market.

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.

How Has Covid-19 Impacted the Growth Of The Ventilated FIBC Market?

The COVID-19 pandemic has induced negative impact on the sales of the ventilated FIBC globally. The imposed lockdown in several countries and halt in manufacturing has reduce the demand of the ventilated FIBC’s. However, as the few countries are uplifting the lockdown in with precautionary measures the demand for ventilated FIBC’s is estimated to rise in coming months.

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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