According to the report by Expert Market Research (EMR), the global PP Jumbo Bags Market reached a value of approximately USD 6.03 billion in 2022. Aided by the rising demand for versatile and durable packaging solutions and the growing applications of PP Jumbo Bags across various industries, the market is projected to further grow at a CAGR of 5.70% between 2023 and 2028 to reach a value of USD 8.41 billion by 2028.
PP jumbo bags, also known as Flexible Intermediate Bulk Containers (FIBCs), are widely utilised for storing and transporting various products, including chemicals, fertilisers, cement, sand, food grains, and others. They provide a cost-effective, durable, and flexible solution for bulk packaging, due to their high tensile strength, resistance to tearing, and excellent chemical resistance.
The escalating demand for robust and flexible packaging materials is a primary driver of the global PP jumbo bags market growth. The surging awareness of the numerous advantages associated with the use of PP Jumbo Bags, including their lightweight nature, ease of handling, and high load capacity, has led to an upswing in demand for these packaging solutions. Furthermore, the growing trend of efficient and secure bulk transportation has underscored the significance of PP jumbo bags in the logistics and transportation industry.
The expanding applications of PP jumbo bags in various sectors significantly contribute to the PP jumbo bags market expansion. The agriculture industry extensively uses these bags for the storage and transportation of various food grains and fertilisers. In the construction industry, PP jumbo bags are employed to transport bulk materials like sand, cement, and aggregates due to their high load capacity and tear resistance. The chemical industry, too, capitalises on these bags’ chemical resistance and uses them for storing and transporting a wide variety of chemicals, aiding the PP jumbo bags market development.
Further, the burgeoning need for eco-friendly alternatives in the packaging sector has led to increased emphasis on PP jumbo bags as a sustainable solution. Due to their reusable and recyclable nature, PP Jumbo Bags align well with global efforts to reduce packaging waste and promote sustainable practices. This environmental friendliness, combined with their functionality, has catapulted PP jumbo bags as a preferred choice in the packaging industry, thereby augmenting the PP jumbo bags market demand.
Moreover, continuous advancements in manufacturing processes are expected to spur the market. The advent of advanced weaving and lamination techniques, coupled with innovative bag designs offering enhanced usability, have made PP jumbo bags even more appealing to various industries. Such improvements not only increase the bags’ functional capabilities but also reduce production costs, thereby propelling the PP jumbo bags market expansion.
Market Segmentation of PP Jumbo Bags Market
The market can be divided based on capacity, type, bag design, end use, and region.
Market Breakup by Capacity
- 250 Kg-750 Kg
- 750 Kg-1500 Kg
- 1500 Kg and Above
Market Breakup by Type
- Type A
- Type B
- Type C
- Type D
Market Breakup by Bag Design
- U-Panel Bag
- Four Side Panel
- Cross Corner
Market Breakup by End Use
- Chemical and Fertiliser
- Building and Construction
Market Breakup by Region
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/pp-jumbo-bags-market
Competitive Landscape of PP Jumbo Bags Market
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global PP jumbo bags companies. Some of the major key players explored in the report by Expert Market Research are as follows:
- Berry Global Group, Inc.
- Greif, Inc.
- Conitex Sonoco
- Emmbi Industries Ltd
- AmeriGlobe LLC
- Halsted Corporation
- LC Packaging
- Bulk-Pack, Inc.
- Rishi FIBC Solutions Pvt. Ltd.
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