How big is the FIBC Market?

The FIBC Market size is expected to reach USD 5.14 billion in 2024 and grow at a CAGR of 5.81% to reach USD 7.22 billion by 2029. Read More

What is the current FIBC Market size?

In 2024, the FIBC Market size is expected to reach USD 5.14 billion. Read More

Who are the key players in FIBC Market?

Greif Inc., United Bags Inc., Rishi FIBC Solutions Pvt Ltd, Plastipak Group and J&HM Dickson Ltd. are the major companies operating in the FIBC Market. Read More

Which is the fastest growing region in FIBC Market?

Asia Pacific is estimated to grow at the highest CAGR over the forecast period (2024-2029). Read More

What years does this FIBC Market cover, and what was the market size in 2023?

In 2023, the FIBC Market size was estimated at USD 4.84 billion. The report covers the FIBC Market historical market size for years: 2019, 2020, 2021, 2022 and 2023. The report also forecasts the FIBC Market size for years: 2024, 2025, 2026, 2027, 2028 and 2029. Read More

FIBC Market Size & Share Analysis - Industry Research Report

FIBC Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)

The FIBC Market Report is Segmented by Type (Type A, Type B, Type C, and Type D), Design Type (U-Panel Bags, Baffle Bags, Circular Bags, 4-Side Panel Bags, and Other Design Types), End User (Food and Agricultural Products, Chemical and Petrochemical, Pharmaceutical, and Other End Users), and Geography (North America ( United States and Canada), Europe ( United Kingdom, Italy, Germany, France, and Rest of Europe), Asia-Pacific ( China, India, Japan, Australia and New Zealand, and Rest of Asia-Pacific), Latin America, and Middle East and Africa). The Market Sizes and Forecasts are Provided in Terms of Value (USD) for all the Above Segments.

FIBC Industry Overview

The FIBC market is fragmented as it currently consists of many players. Several key players in the market are constantly making efforts to bring advancements. A few prominent companies are entering into collaborations and expanding their global footprints in developing regions to consolidate their positions in the market. The major market players are Greif Inc., United Bags Inc., Berry Global Group Inc., Rishi FIBC Solutions Pvt Ltd, and J&HM Dickson Ltd.

In May 2023, FlexSack launched its new polypropylene sustainable, flexible intermediate bulk containers (FIBCs) containing 30% recycled PP (rPP). FlexSack-eco 2023 with 30% (PCR) is a sustainable alternative to the traditional polyethylene bag. The latest development in woven bags has evolved from a combination of polyethylene bags sewn with nylon thread to 100% recycled polypropylene bags.
In August 2023, Australia-based family-owned business Sadleirs Packaging introduced a 100% polypropylene FIBC with 30% recyclable content for the first time in the country. As per the company’s sales manager, almost all FIBC configurations can be migrated to the new FIBC Green Bag, and the clients in the Mining, Manufacturing, Construction, Chemicals, Dairy, and other food processing sectors are eager to trial and migrate.