The global ventilated bulk bags market is anticipated to reach a valuation of US$ 24.6 billion in 2023, driven by technological advancements in bag design. The trend is expected to create new opportunities for the market, leading to a projected CAGR of 7.1% between 2023 and 2033, and reaching a total valuation of approximately US$ 48.9 billion by 2033.
The increasing demand for bulk handling solutions is a significant factor driving the growth of the ventilated bulk bags market. Industries across various sectors, including agriculture, construction, chemicals, and food processing, are recognizing the benefits of using bulk bags for packaging and transportation purposes.
One of the key advantages of bulk bags is their ability to handle large quantities of materials in a single container, which eliminates the need for multiple smaller packaging units and streamlines the handling and transportation process. Bulk bags offer high load capacities, typically ranging from hundreds to thousands of kilograms, allowing efficient movement of materials in bulk.
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Another factor contributing to the growth of the ventilated bulk bags market is the expanding agricultural industry. The demand for food is rising, as the global population increases. The agricultural sector is under pressure to meet this demand efficiently. Ventilated bulk bags play a crucial role in this industry by providing an effective solution for storing and transporting agricultural products such as grains, fruits, and vegetables. The bags allow for proper ventilation, preventing spoilage and maintaining product quality during storage and transportation.
Key Takeaways from the Market Study
- Global ventilated bulk bags market was valued at US$ 23.0 billion by 2022-end.
- From 2018 to 2022, the market demand expanded at a CAGR of 3.1%.
- South Asia and Pacific is expected to hold a dominant CAGR of 7.1% during the forecast period.
- By construction, the circular/tubular segment is expected to constitute a CAGR of 7.1% in 2033.
- On the basis of application, fire woods or logs segment is expected to dominate the market with a CAGR of 6.9% in 2033.
- From 2023 to 2033, ventilated bulk bags market is expected to flourish at a CAGR of 7.1%.
- By 2033, the market value of ventilated bulk bags is expected to reach US$ 48.9 billion.
Increasing focus on food safety, across the globe is a major factor that is expected to propel the growth of the ventilated bulk bags market in the near future, remarks an FMI analyst.
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Company Portfolio
- JumboSack Corporation: JumboSack Corporation specializes in the production and distribution of bulk bags, including ventilated bulk bags. The company offers a wide range of bag sizes and configurations to accommodate different products and applications. JumboSack Corporation emphasizes product quality, performance, and customer satisfaction.
- Bulk Lift International: Bulk Lift International is a leading provider of bulk bag solutions for various industries. The organization offers ventilated bulk bags that are designed for efficient and safe storage and transportation of commodities. Bulk Lift International focuses on providing reliable and durable packaging solutions.
- Fischer Bag Company: Fischer Bag Company is a manufacturer and distributor of industrial packaging products, including ventilated bulk bags. The company offers customizable options and high-quality bags designed for the handling and storage of different materials. Fischer Bag Company prioritizes customer
More Valuable Insights Available
Future Market Insights offers an unbiased analysis of the global ventilated bulk bags market, providing historical data for 2018 to 2022 and forecast statistics from 2023 to 2033.
To understand opportunities in the ventilated bulk bags market, the market is segmented on the basis of construction (circular/ tubular, 4 panel, u panel, and baffle), by strip fabrics (two sides, and four sides), and by application (fruits, vegetables, and fire wood or logs), across five major regions (North America, Latin America, Western Europe, Eastern Europe, South Asia & Pacific, East Asia, and Middle East & Africa (MEA)).
Key Segments Profiled In The Global Ventilated Bulk Bags Market
Construction:
- Circular/ Tubular
- 4 Panel
- U Panel
- Baffle
Strip Fabrics:
- Two Sides
- Four Sides
Application:
- Fruits
- Vegetables
- Fire Wood or Logs
Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- South Asia and Pacific
- East Asia
- Middle East and Africa (MEA)
About Future Market Insights Inc. (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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