Intralogistik

European Bulk Bag Market Estimated to Expand at a Robust CAGR By 2030

The growing demand for safe and mass transportation of industrial chemicals and mining products is increasing the production of bulk bags such as  antistatic bags and cross-corner bags  . Separately, the demand for superior pollution-free solutions for the delivery of food and agricultural products has enabled the adoption of United Nations (UN) certified food and bulk bags. The market is expected to exceed US $ 1.6 billion by 2021. The expansion of the chemical industry supports growth opportunities in the European market.

Get a sample report: https://www.futuremarketinsights.com/reports/sample/rep-gb-13034

The increasing adoption of flexible packaging in the transportation of bulk chemicals and materials, including petrochemicals, basic minerals, polymers, specialty chemicals, consumer chemicals, etc., is driving demand for bulk bags, primarily in European countries. .. gain. In addition to this, the convenience and affordability of bulk bags rich in plastic raw materials are driving sales on the market.

According to FMI, 1 & 2 loop bags will be listed as a best-selling product category. & 2 loop bags are the most attractive in the end-use industry because they provide the most efficient, cost-effective and easy-to-use elements for agriculture, fertilizer and other applications. This segment is estimated to hold a market value share of approximately 28% by 2021.

Important points from the bulk bag market

  • Increased attention to trade improvement will drive sales of bulk bags in Europe, allowing the market to rise at a stable CAGR of 3.4% between 2020 and 2030.
  • Negative sales in the UK are expected at COVID-19, but the market is expected to recover after 2022.
  • In 2021 and 2022, Germany and France may continue to record a decline in sales, so we expect to maintain a good year and increase demand after 2022.

Reusable bulk bag to shape the European bulk container industry

A bulk bag used to transport bulk materials. These bags allow for flexible packaging and can be reused in a closed loop fashion. The closed-loop method is a method of cleaning the bulk bag and preparing it for reuse in the originally designed application. In the closed-loop method, bulk bag manufacturers, customers, and end operators work together to reuse bulk bags. To reuse them carefully, you need to eradicate the dirt inside.

The discount of the report receive  : https://Www.Futuremarketinsights.Com/request-discount/rep-gb-13034

Bulk bag market by category

Product type

  • 1 & 2 loop bag
  • 4 loop big bag
  • Form a large and stable bag-Q bag
  • Antistatic Big Bag-Antistatic Bag
  • Big bag with valve Cross corner bag
  • United Nations Big Bag-Food Bag

End use

  • Architecture / construction
  • Chemical fertilizer
  • Food / Agriculture
  • Pharmaceuticals
  • Mining

Rising raw material prices can hinder market growth

Flexible intermediate bulk containers (FIBC) or bulk bags are usually made from raw materials such as polyethylene and polypropylene. Petroleum-based raw materials are expected to account for approximately 60-70% of the total production cost of bulk bags. Fluctuations in raw material prices are a major constraint on maintaining the economical prices of bulk bags from an export perspective. The result of the rise in crude oil prices is likely to be reflected, further emphasizing the price burden of operating companies.

Impact of COVID-19 on the bulk bag market

With the increase in difficult situations during the COVID-19 pandemic, the increase in bulk bags has decreased significantly. As a result, the year-on-year growth rate at the end of 2020 has fallen by nearly 1% compared to 2019. Trouble with supply shortages has a moderate negative impact on bulk bag packaging demand in the agriculture and food industry. chain.  

How do the historical and future outlooks of the European bulk bag market match?

The need for bulk transportation and storage of industrial chemicals and materials in distribution centers and warehouses creates opportunities for bulk bag sales. According to the Flexible Intermediate Bulk Container Association (FIBCA), bulk bags, also known as “big bags” and “bulk sack”, were first manufactured in the late 1950s or early 1960s. European manufacturing picked up during the oil crisis of the mid-1970s.

Request Report Customization: https://www.futuremarketinsights.com/customization-available/rep-gb-13034

Table of contents

1. executive summary

    1.1. European market outlook

    1.2. Market analysis

    1.3. Analysis and recommendations

2. Market overview

    2.1. Market coverage

    2.2. Market definition

3. Major market trends

    3.1. Key trends affecting the market

    3.2. Product innovation trends

4. Main success factors

    4.1. Product adoption analysis

    4.2. Product USP / Features

5. Demand Analysis of European Bulk Bag Market 2015-2019 and Forecast, 2020-2030

    5.1. Past Market Size (Units) and Value (US $ Mn) Analysis, 2015-2019

    5.2. Current and future market size (units) and value (US $ Mn) forecasts, 2020-2030

        5.2.1. Analysis of growth trends compared to the previous year

        5.2.2. Absolute $ Opportunity Analysis

Über future Market Insights global consulting Pvt Ltd

Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in Dubai, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.

Firmenkontakt und Herausgeber der Meldung:

future Market Insights global consulting Pvt Ltd
616 Corporate Way, Suite 2-9018
USANY 10989 Valley Cottage
Telefon: +1 347 9183531
Telefax: +1 845 5795705
http://www.futuremarketinsights.com

Ansprechpartner:
Ankush Nikam
Senior SEO
Telefon: +1 (347) 9183531
Fax: +1 (347) 9183531
E-Mail: ankush@futuremarketinsights.com
Für die oben stehende Pressemitteilung ist allein der jeweils angegebene Herausgeber (siehe Firmenkontakt oben) verantwortlich. Dieser ist in der Regel auch Urheber des Pressetextes, sowie der angehängten Bild-, Ton-, Video-, Medien- und Informationsmaterialien. Die United News Network GmbH übernimmt keine Haftung für die Korrektheit oder Vollständigkeit der dargestellten Meldung. Auch bei Übertragungsfehlern oder anderen Störungen haftet sie nur im Fall von Vorsatz oder grober Fahrlässigkeit. Die Nutzung von hier archivierten Informationen zur Eigeninformation und redaktionellen Weiterverarbeitung ist in der Regel kostenfrei. Bitte klären Sie vor einer Weiterverwendung urheberrechtliche Fragen mit dem angegebenen Herausgeber. Eine systematische Speicherung dieser Daten sowie die Verwendung auch von Teilen dieses Datenbankwerks sind nur mit schriftlicher Genehmigung durch die United News Network GmbH gestattet.

counterpixel