2 Loop FIBC Bags Market Report, Global Industry Analysis, Market Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030

  • Published Date: Jan, 2024
  • Report ID: CR0209454
  • Format: Electronic (PDF)
  • Number of Pages: 186
  • Author(s): Joshi, Madhavi

Report Overview

The 2 Loop FIBC Bags Market size was estimated at USD 450 million in 2023 and is projected to reach USD 750 million by 2030, exhibiting a compound annual growth rate (CAGR) of 7.50% during the forecast period (2024-2030).

2 Loop FIBC Bags Market

(Market Size)
$450 million
$750 million
2023
2030
Source: Citius Research
Study Period 2018 - 2030
Base Year For Estimation 2023
Forecast Data Period 2024 - 2030
CAGR (2024-2030) 7.50%
2023 Market Size USD 450 million
2030 Market Size USD 750 million
Key Players Bulk Lift International, Berry Global, LC Packaging, Conitex Sonoco, Greif

Market Summary

The 2 Loop FIBC bags market represents a specialized segment within the flexible intermediate bulk container industry, catering to a global demand for efficient and secure packaging solutions for dry, flowable products. These bags are characterized by their two lifting loops, which are integral for handling and transportation, primarily using forklifts or other material handling equipment. The market is an integral component of the broader packaging sector, serving industries that require the movement of large quantities of materials like chemicals, fertilizers, food products, and construction materials. The design of 2 Loop FIBCs emphasizes operational safety and load stability, making them a preferred choice for many industrial applications. Growth is fundamentally supported by the expansion of end-use industries and the ongoing globalization of trade, which necessitates robust and standardized packaging. Manufacturers are consistently engaged in product development, focusing on enhancing the durability and safety features of these bags to meet stringent international standards and specific customer requirements. The market is competitive, with numerous players ranging from large multinational corporations to smaller regional manufacturers, all striving to capture market share through innovation, quality, and strategic pricing.

Key Highlights

The 2 Loop FIBC bags market is distinguished by several critical attributes that underscore its importance. A primary highlight is the unwavering focus on safety standards; these bags are manufactured to comply with rigorous international regulations, ensuring safe transportation and handling of potentially hazardous materials. The inherent design, featuring two reinforced loops, provides a balanced and secure lifting point, significantly reducing the risk of accidents during loading and unloading operations. Another significant aspect is the versatility in capacity and customization; these bags are available in various sizes and can be tailored with specific features like liners, coatings, and discharge mechanisms to suit a vast array of products, from fine powders to granular materials. The market is also characterized by its responsiveness to sustainability trends, with a growing shift towards the production of recyclable and reusable FIBC bags, aligning with corporate environmental responsibility goals. Furthermore, the logistical advantages offered, including efficient space utilization during shipping and storage due to their collapsible nature, present substantial cost-saving benefits for end-users, reinforcing their value proposition in the supply chain.

Drivers, Opportunities & Restraints

The expansion of the 2 Loop FIBC bags market is propelled by several key drivers. The robust growth in global agricultural output and the consequent rise in fertilizer consumption create sustained demand for reliable bulk packaging. Similarly, the expansion of the chemical industry, requiring safe transport for various compounds, acts as a fundamental growth pillar. The overarching trend of industrialization in emerging economies is leading to increased construction activities, thereby boosting the need for packaging cement, sand, and other construction materials. Opportunities within this market are abundant, particularly in the development of advanced, high-performance bags. There is significant potential for innovation in materials science to create lighter, stronger, and more environmentally sustainable fabrics. The integration of smart technologies, such as RFID tags for tracking and monitoring contents, presents a forward-looking opportunity to add value and enhance supply chain visibility. However, the market does face notable restraints. Fluctuations in the prices of raw materials, primarily polypropylene, can impact production costs and profit margins for manufacturers. Furthermore, the market is subject to intense competition, which can pressure pricing strategies. Stringent and evolving environmental regulations concerning plastic usage and waste management also pose a challenge, compelling manufacturers to invest in sustainable practices and circular economy models.

Concentration Insights

The global landscape of the 2 Loop FIBC bags market demonstrates a varied concentration of manufacturing and consumption. From a production standpoint, Asia-Pacific emerges as a highly concentrated hub, with countries like China and India hosting a dense network of manufacturers. This concentration is fueled by the availability of raw materials, lower production costs, and a strong manufacturing infrastructure. These regional players cater to both domestic demand and a significant portion of global exports. In terms of consumption, concentration is observed within specific industrial sectors. The chemical industry is a major concentrated consumer, relying heavily on these bags for the safe handling of powders and granules. The food and agricultural sectors also represent concentrated pockets of high demand, particularly in regions with large-scale agro-processing and fertilizer application. North America and Europe, while having significant domestic production, also show concentrated demand from high-value industries that require bags meeting very specific safety and quality certifications. The market concentration is therefore a dual dynamic of geographical manufacturing clusters and sector-specific demand centers, influencing global trade flows and competitive strategies.

Type Insights

The 2 Loop FIBC bags market is segmented by type, primarily based on the construction and material properties of the bags, which dictate their suitability for different applications. A major categorization is between standard and certified bags. Certified bags, such as those meeting OSHA standards or other international guidelines, are designed for transporting hazardous materials and are subject to strict testing protocols for safety factors. Another key differentiation is based on the fabric used, with a majority being made from polypropylene, valued for its strength, durability, and cost-effectiveness. Bags can also be classified by their lining; uncoated bags are breathable and suitable for free-flowing products, while coated or laminated bags provide a barrier against moisture and are essential for hygroscopic materials. Furthermore, bags are available in various weaves (e.g., circular weave, tubular) which affect their strength and flexibility. The choice of type is critically dependent on the product being packaged, its characteristics, and the required safety level during transport and storage, leading to a diverse product portfolio offered by manufacturers.

Application Insights

The application of 2 Loop FIBC bags spans a wide spectrum of industries, each with distinct requirements. In the chemical industry, these bags are indispensable for packaging a diverse range of products including pigments, dyes, plastic resins, and other industrial compounds. Their design ensures containment and prevents contamination, which is paramount for product integrity. The agricultural sector is another major application area, where these bags are used extensively for fertilizers, animal feed, seeds, and grains. The ability to handle large volumes efficiently supports the logistics of modern farming. The food industry utilizes food-grade FIBCs for products like sugar, flour, salt, and other ingredients, requiring certifications for direct contact and often featuring specific liners for protection. The construction industry relies on them for bulk packaging of cement, sand, gravel, and other dry mix components, benefiting from their durability and ease of handling on construction sites. Other significant applications include pharmaceuticals, minerals, and waste recycling, demonstrating the product's critical role in the global industrial and commercial infrastructure.

Regional Insights

The demand and production dynamics for 2 Loop FIBC bags exhibit distinct regional characteristics. The Asia-Pacific region is recognized as both the largest producer and a rapidly growing consumer market. This dominance is driven by massive industrial and agricultural output in China and India, coupled with strong export-oriented manufacturing. North America represents a mature market characterized by high demand for premium, certified bags, particularly from the chemical and food processing industries. Stringent safety regulations in this region dictate market standards. Europe similarly has a well-established market with a strong emphasis on quality, sustainability, and compliance with EU regulations, driving innovation in recyclable and reusable bag solutions. The Middle East and Africa show promising growth potential, largely fueled by the construction sector and agricultural development projects. Latin America's market is steady, supported by its agricultural exports and mining activities. Each region presents a unique set of market drivers, regulatory environments, and competitive landscapes, influencing global strategy for key players in the 2 Loop FIBC bags industry.

Company Insights

The competitive environment in the 2 Loop FIBC bags market includes a mix of global players and regional specialists. Leading companies such as Greif Inc., Berry Global Group Inc., and LC Packaging International BV have a significant international presence, offering a wide portfolio of bulk packaging solutions and often providing value-added services like bag recovery and recycling. These established players compete on the basis of global supply chain networks, extensive R&D capabilities, and strong brand reputation for quality and reliability. The market also features strong regional manufacturers and numerous smaller companies that compete effectively by focusing on specific geographic areas or niche applications. Companies like MiniBulk and BAG Corp are noted for their specialized offerings. Competition is multifaceted, based on product quality, innovation, price, and the ability to meet specific customer and regulatory requirements. Strategic initiatives commonly observed include capacity expansion, mergers and acquisitions to enhance market reach, and continuous investment in developing sustainable and high-performance products to gain a competitive edge.

Recent Developments

The 2 Loop FIBC bags market is dynamic, with recent developments reflecting broader industry trends towards sustainability and technological integration. A prominent trend among leading manufacturers is the increased investment in developing circular economy models. This includes launching bags made from recycled materials and establishing take-back programs to ensure responsible end-of-life management for used FIBCs. There is a noticeable surge in the introduction of new products designed with enhanced safety features, such as improved loop strength and advanced UV protection for outdoor storage. Furthermore, companies are increasingly incorporating tracking technology into their bags. Embedding RFID chips or QR codes allows for better inventory management, theft prevention, and condition monitoring throughout the supply chain, adding a layer of digital intelligence to a traditional product. Partnerships and acquisitions continue to shape the market landscape as companies seek to expand their geographic footprint and product portfolios to better serve a global clientele and consolidate their market position.

Report Segmentation

This comprehensive market research report on the 2 Loop FIBC Bags market provides a detailed analysis segmented across multiple dimensions to offer a granular view of the industry. The segmentation is designed to help stakeholders understand specific market dynamics. The report is segmented by type, distinguishing between different bag constructions such as standard, anti-static, and food-grade, each catering to unique application needs and safety standards. It is further segmented by application, providing deep dives into demand from key end-use industries including chemicals and fertilizers, food and agriculture, construction, and pharmaceuticals. A crucial segmentation is by region, offering dedicated analysis for North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa, highlighting regional production capacities, consumption patterns, and growth prospects. This multi-faceted segmentation allows for a targeted analysis, enabling businesses to identify specific growth pockets, understand competitive intensity in each segment, and make informed strategic decisions regarding investment, marketing, and expansion.

FAQs

What are 2 Loop FIBC bags used for?

2 Loop FIBC bags are primarily used for the storage and transportation of dry, flowable products in bulk quantities. Their common applications include packaging fertilizers, chemicals, food grains, plastic polymers, sand, and construction materials, offering a cost-effective and efficient solution for industrial logistics.

What is the difference between 1 loop and 2 loop FIBC bags?

The key difference lies in the number of lifting points. A 1 Loop bag has a single central loop, typically requiring a special lifting device. A 2 Loop bag has two loops, making it compatible with standard forklifts and offering improved stability and balance during handling, which enhances operational safety.

How much weight can a 2 Loop FIBC bag hold?

The safe working load capacity of a 2 Loop FIBC bag varies based on its design and construction but commonly ranges from 1,000 to 4,000 pounds. It is critical to never exceed the manufacturer's specified safe working load to ensure safety and prevent accidents during lifting and transport.

Are FIBC bags reusable?

Many FIBC bags are designed and constructed for multiple uses, depending on the product they carried and their condition after the first use. Bags used for non-hazardous, non-contaminating materials can often be reused after a thorough inspection, offering economic and environmental benefits.

What does FIBC stand for?

FIBC is an industry acronym that stands for Flexible Intermediate Bulk Container. It is the technical term for large, flexible bags, commonly known as bulk bags, super sacks, or big bags, used for transporting and storing granular products.

What are the safety considerations for using FIBC bags?

Critical safety considerations include never exceeding the bag's rated safe working load, ensuring the loops are correctly engaged by the lifting equipment, inspecting bags for damage before each use, and using the correct type of bag (e.g., anti-static) for the specific product being handled, especially combustible materials.

Citius Research has developed a research report titled “2 Loop FIBC Bags Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” delivering key insights regarding business intelligence and providing concrete business strategies to clients in the form of a detailed syndicated report. The report details out the factors such as business environment, industry trend, growth opportunities, competition, pricing, global and regional market analysis, and other market related factors.

Details included in the report for the years 2024 through 2030

• 2 Loop FIBC Bags Market Potential
• Segment-wise breakup
• Compounded annual growth rate (CAGR) for the next 6 years
• Key customers and their preferences
• Market share of major players and their competitive strength
• Existing competition in the market
• Price trend analysis
• Key trend analysis
• Market entry strategies
• Market opportunity insights

The report focuses on the drivers, restraints, opportunities, and challenges in the market based on various factors geographically. Further, key players, major collaborations, merger & acquisitions along with trending innovation and business policies are reviewed in the report. The 2 Loop FIBC Bags Market report is segmented on the basis of various market segments and their analysis, both in terms of value and volume, for each region for the period under consideration.

2 Loop FIBC Bags Market Segmentation

Market Segmentation

Regions Covered

• North America
• Latin America
• Europe
• MENA
• Asia Pacific
• Sub-Saharan Africa and
• Australasia

2 Loop FIBC Bags Market Analysis

The report covers below mentioned analysis, but is not limited to:

• Overview of 2 Loop FIBC Bags Market
• Research Methodology
• Executive Summary
• Market Dynamics of 2 Loop FIBC Bags Market
  • Driving Factors
  • Restraints
  • Opportunities
• Global Market Status and Forecast by Segment A
• Global Market Status and Forecast by Segment B
• Global Market Status and Forecast by Segment C
• Global Market Status and Forecast by Regions
• Upstream and Downstream Market Analysis of 2 Loop FIBC Bags Market
• Cost and Gross Margin Analysis of 2 Loop FIBC Bags Market
• 2 Loop FIBC Bags Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030
  • Competition Landscape
  • Market Share of Major Players
• Key Recommendations

The “2 Loop FIBC Bags Market Report - Global Industry Analysis, Size, Share, Growth Trends, Regional Outlook, Competitive Strategies and Segment Forecasts 2024 - 2030” report helps the clients to take business decisions and to understand strategies of major players in the industry. The report delivers the market driven results supported by a mix of primary and secondary research. The report provides the results triangulated through authentic sources and upon conducting thorough primary interviews with the industry experts. The report includes the results on the areas where the client can focus and create point of parity and develop a competitive edge, based on real-time data results.

2 Loop FIBC Bags Market Key Stakeholders

Below are the key stakeholders for the 2 Loop FIBC Bags Market:

• Manufacturers
• Distributors/Traders/Wholesalers
• Material/Component Manufacturers
• Industry Associations
• Downstream vendors

2 Loop FIBC Bags Market Report Scope

Report AttributeDetails
Base year2023
Historical data2018 – 2023
Forecast2024 - 2030
CAGR2024 - 2030
Quantitative UnitsValue (USD Million)
Report coverageRevenue Forecast, Competitive Landscape, Growth Factors, Trends and Strategies. Customized report options available on request
Segments coveredProduct type, technology, application, geography
Regions coveredNorth America, Latin America, Europe, MENA, Asia Pacific, Sub-Saharan Africa and Australasia
Countries coveredUS, UK, China, Japan, Germany, India, France, Brazil, Italy, Canada, Russia, South Korea, Australia, Spain, Mexico and others
Customization scopeAvailable on request
PricingVarious purchase options available as per your research needs. Discounts available on request

COVID-19 Impact Analysis

Like most other markets, the outbreak of COVID-19 had an unfavorable impact on the 2 Loop FIBC Bags Market worldwide. This report discusses in detail the disruptions experienced by the market, the impact on flow of raw materials, manufacturing operations, production trends, consumer demand and the projected future of this market post pandemic.

The report has helped our clients:

• To describe and forecast the 2 Loop FIBC Bags Market size, on the basis of various segmentations and geography, in terms of value and volume
• To measure the changing needs of customers/industries
• To provide detailed information regarding the drivers, restraints, opportunities, and challenges influencing the growth of the market
• To gain competitive intelligence and uncover new opportunities
• To analyse opportunities in the market for stakeholders by identifying high-growth segments in 2 Loop FIBC Bags Market
• To strategically profile key players and provide details of the current competitive landscape
• To analyse strategic approaches adopted by players in the market, such as product launches and developments, acquisitions, collaborations, contracts, expansions, and partnerships

Report Customization

Citius Research provides free customization of reports as per your need. This report can be personalized to meet your requirements. Get in touch with our sales team, who will guarantee you to get a report that suits your necessities.

Customize This Report

Frequently Asked Questions

The Global 2 Loop FIBC Bags Market size was valued at $XX billion in 2023 and is anticipated to reach $XX billion by 2030 growing at a CAGR of XX%
The global 2 Loop FIBC Bags Market is expected to grow at a CAGR of XX% from 2023 to 2030.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.
For further details request a free sample copy of this report here.

Table of Contents

Chapter 1. Introduction
  1.1. Market Scope
  1.2. Key Segmentations
  1.3. Research Objective
Chapter 2. Research Methodology & Assumptions
Chapter 3. Executive Summary
Chapter 4. Market Background
  4.1. Dynamics
    4.1.1. Drivers
    4.1.2. Restraints
    4.1.3. Opportunity
    4.1.4. Challenges
  4.2. Key Trends in the Impacting the Market
    4.2.1. Demand & Supply
  4.3. Industry SWOT Analysis
  4.4. Porter’s Five Forces Analysis
  4.5. Value and Supply Chain Analysis
  4.6. Macro-Economic Factors
  4.7. COVID-19 Impact Analysis
    4.7.1. Global and Regional Assessment
  4.8. Profit Margin Analysis
  4.9. Trade Analysis
    4.9.1. Importing Countries
    4.9.2. Exporting Countries
  4.10. Market Entry Strategies
  4.11. Market Assessment (US$ Mn and Units)
Chapter 5. Global 2 Loop FIBC Bags Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment A
  5.1. By Segment A, 2024 - 2030
    5.1.1. Sub-Segment A
    5.1.2. Sub-Segment B
  5.2. Opportunity Analysis
Chapter 6. Global 2 Loop FIBC Bags Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment B
  6.1. By Segment B, 2024 - 2030
    6.1.1. Sub-Segment A
    6.1.2. Sub-Segment B
  6.2. Opportunity Analysis
Chapter 7. Global 2 Loop FIBC Bags Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Segment C
  7.1. By Segment C, 2024 - 2030
    7.1.1. Sub-Segment A
    7.1.2. Sub-Segment B
  7.2. Opportunity Analysis
Chapter 8. Global 2 Loop FIBC Bags Market Size (US$ Mn and Units), Forecast and Trend Analysis, By Region
  8.1. By Region, 2024 - 2030
    8.1.1. North America
    8.1.2. Latin America
    8.1.3. Europe
    8.1.4. MENA
    8.1.5. Asia Pacific
    8.1.6. Sub-Saharan Africa
    8.1.7. Australasia
  8.2. Opportunity Analysis
Chapter 9. North America 2 Loop FIBC Bags Market Forecast and Trend Analysis
  9.1. Regional Overview
  9.2. Pricing Analysis
  9.3. Key Trends in the Region
    9.3.1. Supply and Demand
  9.4. Demographic Structure
  9.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    9.5.1. Sub-Segment A
    9.5.2. Sub-Segment B
  9.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    9.6.1. Sub-Segment A
    9.6.2. Sub-Segment B
  9.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    9.7.1. Sub-Segment A
    9.7.2. Sub-Segment B
  9.8. By Country, 2024 - 2030, (US$ Mn and Units)
    9.8.1. U.S.
    9.8.2. Canada
    9.8.3. Rest of North America
  9.9. Opportunity Analysis
Chapter 10. Latin America 2 Loop FIBC Bags Market Forecast and Trend Analysis
  10.1. Regional Overview
  10.2. Pricing Analysis
  10.3. Key Trends in the Region
    10.3.1. Supply and Demand
  10.4. Demographic Structure
  10.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    10.5.1. Sub-Segment A
    10.5.2. Sub-Segment B
  10.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    10.6.1. Sub-Segment A
    10.6.2. Sub-Segment B
  10.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    10.7.1. Sub-Segment A
    10.7.2. Sub-Segment B
  10.8. By Country, 2024 - 2030, (US$ Mn and Units)
    10.8.1. Brazil
    10.8.2. Argentina
    10.8.3. Rest of Latin America
  10.9. Opportunity Analysis
Chapter 11. Europe 2 Loop FIBC Bags Market Forecast and Trend Analysis
  11.1. Regional Overview
  11.2. Pricing Analysis
  11.3. Key Trends in the Region
    11.3.1. Supply and Demand
  11.4. Demographic Structure
  11.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    11.5.1. Sub-Segment A
    11.5.2. Sub-Segment B
  11.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    11.6.1. Sub-Segment A
    11.6.2. Sub-Segment B
  11.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    11.7.1. Sub-Segment A
    11.7.2. Sub-Segment B
  11.8. By Country, 2024 - 2030, (US$ Mn and Units)
    11.8.1. UK
    11.8.2. Germany
    11.8.3. France
    11.8.4. Spain
    11.8.5. Rest of Europe
  11.9. Opportunity Analysis
Chapter 12. MENA 2 Loop FIBC Bags Market Forecast and Trend Analysis
  12.1. Regional Overview
  12.2. Pricing Analysis
  12.3. Key Trends in the Region
    12.3.1. Supply and Demand
  12.4. Demographic Structure
  12.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    12.5.1. Sub-Segment A
    12.5.2. Sub-Segment B
  12.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    12.6.1. Sub-Segment A
    12.6.2. Sub-Segment B
  12.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    12.7.1. Sub-Segment A
    12.7.2. Sub-Segment B
  12.8. By Country, 2024 - 2030, (US$ Mn and Units)
    12.8.1. Egypt
    12.8.2. Algeria
    12.8.3. GCC
    12.8.4. Rest of MENA
  12.9. Opportunity Analysis
Chapter 13. Asia Pacific 2 Loop FIBC Bags Market Forecast and Trend Analysis
  13.1. Regional Overview
  13.2. Pricing Analysis
  13.3. Key Trends in the Region
    13.3.1. Supply and Demand
  13.4. Demographic Structure
  13.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    13.5.1. Sub-Segment A
    13.5.2. Sub-Segment B
  13.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    13.6.1. Sub-Segment A
    13.6.2. Sub-Segment B
  13.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    13.7.1. Sub-Segment A
    13.7.2. Sub-Segment B
  13.8. By Country, 2024 - 2030, (US$ Mn and Units)
    13.8.1. India
    13.8.2. China
    13.8.3. Japan
    13.8.4. ASEAN
    13.8.5. Rest of Asia Pacific
  13.9. Opportunity Analysis
Chapter 14. Sub-Saharan Africa 2 Loop FIBC Bags Market Forecast and Trend Analysis
  14.1. Regional Overview
  14.2. Pricing Analysis
  14.3. Key Trends in the Region
    14.3.1. Supply and Demand
  14.4. Demographic Structure
  14.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    14.5.1. Sub-Segment A
    14.5.2. Sub-Segment B
  14.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    14.6.1. Sub-Segment A
    14.6.2. Sub-Segment B
  14.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    14.7.1. Sub-Segment A
    14.7.2. Sub-Segment B
  14.8. By Country, 2024 - 2030, (US$ Mn and Units)
    14.8.1. Ethiopia
    14.8.2. Nigeria
    14.8.3. Rest of Sub-Saharan Africa
  14.9. Opportunity Analysis
Chapter 15. Australasia 2 Loop FIBC Bags Market Forecast and Trend Analysis
  15.1. Regional Overview
  15.2. Pricing Analysis
  15.3. Key Trends in the Region
    15.3.1. Supply and Demand
  15.4. Demographic Structure
  15.5. By Segment A , 2024 - 2030, (US$ Mn and Units)
    15.5.1. Sub-Segment A
    15.5.2. Sub-Segment B
  15.6. By Segment B, 2024 - 2030, (US$ Mn and Units)
    15.6.1. Sub-Segment A
    15.6.2. Sub-Segment B
  15.7. By Segment C, 2024 - 2030, (US$ Mn and Units)
    15.7.1. Sub-Segment A
    15.7.2. Sub-Segment B
  15.8. By Country, 2024 - 2030, (US$ Mn and Units)
    15.8.1. Australia
    15.8.2. New Zealand
    15.8.3. Rest of Australasia
  15.9. Opportunity Analysis
Chapter 16. Competition Analysis
  16.1. Competitive Benchmarking
    16.1.1. Top Player’s Market Share
    16.1.2. Price and Product Comparison
  16.2. Company Profiles
    16.2.1. Company A
      16.2.1.1. Company Overview
      16.2.1.2. Segmental Revenue
      16.2.1.3. Product Portfolio
      16.2.1.4. Key Developments
      16.2.1.5. Strategic Outlook
    16.2.2. Company B
      16.2.2.1. Company Overview
      16.2.2.2. Segmental Revenue
      16.2.2.3. Product Portfolio
      16.2.2.4. Key Developments
      16.2.2.5. Strategic Outlook
    16.2.3. Company C
      16.2.3.1. Company Overview
      16.2.3.2. Segmental Revenue
      16.2.3.3. Product Portfolio
      16.2.3.4. Key Developments
      16.2.3.5. Strategic Outlook
    16.2.4. Company D
      16.2.4.1. Company Overview
      16.2.4.2. Segmental Revenue
      16.2.4.3. Product Portfolio
      16.2.4.4. Key Developments
      16.2.4.5. Strategic Outlook
    16.2.5. Company E
      16.2.5.1. Company Overview
      16.2.5.2. Segmental Revenue
      16.2.5.3. Product Portfolio
      16.2.5.4. Key Developments
      16.2.5.5. Strategic Outlook
    16.2.6. Company F
      16.2.6.1. Company Overview
      16.2.6.2. Segmental Revenue
      16.2.6.3. Product Portfolio
      16.2.6.4. Key Developments
      16.2.6.5. Strategic Outlook
    16.2.7. Company G
      16.2.7.1. Company Overview
      16.2.7.2. Segmental Revenue
      16.2.7.3. Product Portfolio
      16.2.7.4. Key Developments
      16.2.7.5. Strategic Outlook
    16.2.8. Company H
      16.2.8.1. Company Overview
      16.2.8.2. Segmental Revenue
      16.2.8.3. Product Portfolio
      16.2.8.4. Key Developments
      16.2.8.5. Strategic Outlook
    16.2.9. Company I
      16.2.9.1. Company Overview
      16.2.9.2. Segmental Revenue
      16.2.9.3. Product Portfolio
      16.2.9.4. Key Developments
      16.2.9.5. Strategic Outlook
    16.2.10. Company J
      16.2.10.1. Company Overview
      16.2.10.2. Segmental Revenue
      16.2.10.3. Product Portfolio
      16.2.10.4. Key Developments
      16.2.10.5. Strategic Outlook
Chapter 17. Go-To-Market Strategy

Research Methodology

We follow a robust research methodology to analyze the market in order to provide our clients with qualitative and quantitative analysis which has a very low or negligible deviance. Extensive secondary research supported by primary data collection methods help us to thoroughly understand and gauge the market. We incorporate both top-down and bottom-up approach for estimating the market. The below mentioned methods are then adopted to triangulate and validate the market.

Secondary data collection and interpretation

Secondary research includes sources such as published books, articles in journals, news media and published businesses, government and international body publications, and associations. Sources also include paid databases such as Hoovers, Thomson Reuters, Passport and others. Data derived through secondary sources is further validated through primary sources. The secondary sources also include major manufacturers mapped on the basis of revenues, product portfolios, and sales channels.

Primary data collection

Primary data collection methods include conducting interviews with industry experts and various stakeholders across the supply chain, such as raw material suppliers, manufacturers, product distributors and customers. The interviews are either telephonic or face-to-face, or even a combination of both. Prevailing trends in the industry are gathered by conducting surveys. Primary interviews also help us to understand the market drivers, restraints and opportunities, along with the challenges in the market. This method helps us in validating the data gathered through secondary sources, further triangulating the data and developing it through our statistical tools. We generally conduct interviews with -

  • CEOs, Directors, and VPs
  • Sales and Marketing Managers
  • Plant Heads and Manufacturing Department Heads
  • Product Specialists

Supply Side and Demand Side Data Collection

Supply side analysis is based on the data collected from the manufacturers and the product providers in terms of their segmental revenues. Secondary sources for this type of analysis include company annual reports and publications, associations and organisations, government publications and others.

Demand side analysis is based upon the consumer insights who are the end users of the particular product in question. They could be an individual user or an organisation. Such data is gathered through consumer surveys and focused group interviews.

Market Engineering

As a primary step, in order to develop the market numbers we follow a vigorous methodology that includes studying the parent market of the niche product and understanding the industry trends, acceptance among customers of the product, challenges, future growth, and others, followed by further breaking down the market under consideration into various segments and sub-markets. Additionally, in order to cross-validate the market, we also determine the top players in the market, along with their segmental revenues for the said market. Our secondary sources help us to validate the market share of the top players. Using both the qualitative and quantitative analysis of all the possible factors helps us determine the market numbers which are inclined towards accuracy.

Request a detailed Research Methodology for the market.

Request Customization or Sample Report

To request a sample report or for any inquiry regarding this report, please fill out the form below

Yes, I have read the Privacy Policy.

Related Reports






latest reports