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The global flexible intermediate bulk container market size was valued at USD 2.47 billion in 2024. The market is projected to grow from USD 2.63 billion in 2025 to USD 4.23 billion by 2032, exhibiting a CAGR of 7.00% during the forecast period. Asia Pacific dominated the flexible intermediate bulk container market with a market share of 37.25% in 2024.
A flexible intermediate bulk container (FIBC) is a large container or sack designed for the storage or transport of different products or materials. These bags present a cost-effective alternative to the high costs associated with shipping or transporting materials such as plastic and wooden pallets and containers.
There is growing adoption of bulk containers for the packaging and transportation of agricultural products such as grains, seeds, sugar, and flour. As the global trade of food expands, particularly in developing areas such as Southeast Asia and Africa, the demand for economical, lightweight, and sturdy packaging options becomes essential, driving the growth of the global flexible intermediate bulk container market.
Grief Inc. and Amcor Plc are the leading manufacturers, accounting for the largest share of the global flexible intermediate bulk container market.
Rapidly Growing E-commerce Sector Drives the Global Market Growth
The rapidly expanding global e-commerce sector is playing a major role in the flexible intermediate bulk container market growth. Increasing disposable income among consumers and higher lifestyle standards are propelling the consumer goods sector, which in turn, is boosting the e-commerce industry. The rise of both e-commerce and consumer goods is intensifying the need for economical and durable packaging solutions, thereby promoting the uptake of the product. Moreover, the increasing need for pharmaceuticals and chemical products has strengthened the adoption of these containers due to their adaptability to different forms and ability to offer customized protection. At present, online retail businesses and e-commerce platforms require around fifty percent more FIBC packaging compared to conventional retail outlets. This increase is attributed to the need for securing products during transportation and shipping individual items.
Rising Environmental Concerns & Regulatory Compliance to Hamper Market Expansion
A significant challenge is the environmental effects of traditional flexible materials, particularly those produced from petroleum-derived polymers such as polyurethane (PU) and polyethylene (PE). These foams are often non-biodegradable, hard to recycle, and add to persistent plastic pollution. Governments globally are implementing tougher packaging laws aimed at minimizing plastic waste and encouraging recycling. Adhering to these regulations requires companies to invest in research and development, innovative raw materials, and testing to confirm that their foam packaging complies with environmental and safety criteria.
Rising Demand from the Food Sector to Offer Significant Growth Opportunities
FIBCs are frequently used in the food industry. Often utilized in food processing plants, bulk bags provide an excellent option for securely storing produce while prolonging the shelf life of perishable goods. When food products need to be transported internationally, FIBCs are among the few dependable choices for packaging. Moreover, FIBC bulk bags provide an effective means of storing ingredients and materials used in food production. Even a modest warehouse can easily handle large quantities of stored items, and the stackable design helps reduce space constraints and lower transportation costs. Bulk bags are highly versatile, with customizable features that facilitate the daily operations of food producers and processors. The growing demand for FIBCs in the food sector will create lucrative growth opportunities.
Integrating RFID Tags with Flexible Intermediate Bulk Container to Boost Market Growth
RFID tags are being integrated into FIBCs to improve tracking, streamline inventory management, and provide real-time visibility of material contents and locations throughout the supply chain. This technology facilitates hands-free bulk scanning, boosts operational efficiency, minimizes human error related to barcodes, and allows automatic tracking without the direct line of sight. RFID tags can hold store details such as product ownership, transaction accounts, or environmental information, and can be read from a distance using specialized readers. Additionally, RFID technology supports better inventory management and quality control by providing accurate and up-to-date information about the contents and condition of the bags. This can help reduce waste and improve efficiency by ensuring that the right products are in the right place at the right time. Henceforth, integrating RFID tags with flexible intermediate bulk containers has emerged as a key trend in the industry.
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Significant Benefits Offered by Type A FIBCs Boost the Segment’s Growth
Based on product type, the market is segmented into type A, type B, type C, and type D. The type A segment accounted for the largest share of the market in 2024. Type A FIBC (Flexible Intermediate Bulk Container) bags provide numerous advantages, particularly in terms of their economical nature and adaptability for transporting non-flammable substances. Constructed from plain woven polypropylene, these bags are not meant to dissipate static electricity, which makes them suitable for materials that do not present a fire risk, such as sand, gravel, or other solid substances. They are highly efficient in handling large volumes of materials, thereby streamlining the packaging and transportation process.
Type C will continue to be the second-dominating segment of the market. FIBC Type C bags are classified as conductive. Their woven design and non-conductive materials dissipate electrostatic charges, which makes Type C FIBC bags appropriate for transporting flammable materials. Additionally, they can be utilized in settings where flammable gases, vapors, and dust are found, ensuring greater safety during handling and storage.
Chemicals & Fertilizers Segment Led due to Several Advantages offered by FIBCs
Based on end-use industry, the market is divided into chemicals & fertilizers, food & beverages, building & construction, pharmaceuticals, agriculture, and others. Chemicals & fertilizers are the dominating segment of the market in 2024. FIBC (Flexible Intermediate Bulk Container) presents a variety of advantages to the chemical and fertilizer sectors, including improved safety, cost effectiveness, and eco-friendliness. FIBCs ensure secure storage by minimizing the likelihood of spills and leaks, and they also come in anti-static and conductive variants for handling dangerous substances. Their significant capacity and ability to be reused further aid in saving costs and lowering waste.
The food & beverages segment is expected to witness steady growth in the forecast period. Flexible intermediate bulk containers (FIBCs) are favored in this industry due to their adherence to food safety regulations, availability in food-grade options, and efficiency in managing substantial quantities. The increasing worldwide need for processed and packaged food, especially in emerging markets, is a key driver supporting this growth.
By geography, the market is categorized into North America, Europe, Asia Pacific, Latin America, and the Middle East & Africa.
Asia Pacific Flexible Intermediate Bulk Container Market Size, 2024 (USD Billion) To get more information on the regional analysis of this market, Download Free sample
Asia Pacific is the dominating region in the FIBC market. Nations such as India and China are driving demand as their manufacturing industries grow and need affordable bulk packaging options. In India, sectors such as fertilizers and food grains depend significantly on FIBCs for both storage and transportation. In addition, the growing pharmaceutical sector across several countries in the region is further boosting the demand for flexible bulk containers.
North America is the second-largest market for the global flexible intermediate bulk container market. The U.S. and Canada widely utilize FIBCs in industries such as food and beverage, chemicals, construction, and agriculture due to their strength and compliance with OSHA and FDA regulations. For example, the U.S. chemical industry favors FIBCs for the secure transport of hazardous substances, while the food industry employs FDA-approved bulk bags for handling grains and powders. Moreover, the rapidly growing flexible packaging sector is further cushioning market expansion.
Europe is a significant market for flexible intermediate bulk containers. Sustainability trends are shaping demand, with consumers and regulators demanding eco-friendlier materials. This shift has driven advancements in biodegradable and recyclable foams, along with bio-based options, opening up fresh paths for growth. Additionally, the pharmaceutical industry plays a role in the expansion of the market.
The market in Latin America is estimated to attain moderate growth in the forthcoming years, owing to the rising demand from the food processing sector. FIBCs are designed to support hygienic storage of processed foods, allowing safe stacking and lifting, and easy transportation. Their diverse bag designs and customizable features tailored to the specific requirements of processed food ensure they are ideally suited for the specific product. Thus, major players in the region’s food processing sector are increasingly adopting FIBCs.
The Middle East & African market is expected to grow steadily in the upcoming years, owing to the growing demand from the building and construction industry. In the construction industry, flexible intermediate bulk containers (FIBCs) play a crucial role by enabling easy filling and emptying, efficient vehicle loading, and secure transport from one location to another. Additionally, flexible bulk containers can improve the safety standards of construction sites, as their robust construction makes them ideal for the demanding conditions of these environments, thus enhancing their utilization in the region.
Continuous Development and Introduction of New Products by Key Companies Resulted in Their Dominating Position in the Market
The global market is concentrated with companies such as Greif Inc., Amcor Plc, Rishi FIBC Solutions Pvt. Ltd., and SIA Flexitanks, accounting for a significant flexible intermediate bulk container market share.
Grief Inc. stands as a leading global provider of industrial packaging products and services. They manufacture and distribute a variety of packaging solutions, such as steel, plastic, and fiber drums, intermediate bulk containers (IBCs), containerboard, and other related items. The company also oversees timber properties and provides value-added services, including filling, packaging, and lifecycle management of containers. Greif operates in more than 35 countries and caters to a wide range of industries, including chemicals, food and beverage, and automotive.
Amcor Plc is a world-renowned company specializing in the creation and production of innovative solutions. They provide a diverse array of packaging products and services, such as flexible packaging, rigid containers, cartons, and closures, serving numerous sectors such as food, beverages, and pharmaceuticals. Amcor prioritizes innovation, sustainability, and a customer-centric approach, which have been central to its global leadership in packaging.
Additionally, C.L. Smith and Southern Packaging, LP are among the other prominent players in the market. The company has strengthened its market presence through significant investments in research & development to deliver innovative products.
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ATTRIBUTE |
DETAILS |
|
Study Period |
2019-2032 |
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Base Year |
2024 |
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Estimated Year |
2025 |
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Forecast Period |
2025-2032 |
|
Historical Period |
2019-2023 |
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Growth Rate |
CAGR of 7.00% from 2025-2032 |
|
Unit |
Value (USD Billion) |
|
Segmentation |
By Product Type · Type A · Type B · Type C · Type D |
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By End-use Industry · Chemicals & Fertilizers · Food & Beverages · Building & Construction · Pharmaceutical · Agriculture · Others |
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By Geography · North America (Product Type, End-use Industry, and Country) o U.S. (By End-use Industry) o Canada (By End-use Industry) · Europe (Product Type, End-use Industry, and Country/Sub-region) o Germany (By End-use Industry) o U.K. (By End-use Industry) o France (By End-use Industry) o Spain (By End-use Industry) o Italy (By End-use Industry) o Russia (By End-use Industry) o Poland (By End-use Industry) o Romania (By End-use Industry) o Rest of Europe (By End-use Industry) · Asia Pacific (Product Type, End-use Industry, and Country/Sub-region) o China (By End-use Industry) o Japan (By End-use Industry) o India (By End-use Industry) o Australia (By End-use Industry) o Southeast Asia (By End-use Industry) o Rest of Asia Pacific (By End-use Industry) · Latin America (Product Type, End-use Industry, and Country/Sub-region) o Brazil (By End-use Industry) o Argentina (By End-use Industry) o Mexico (By End-use Industry) o Rest of Latin America (By End-use Industry) · Middle East & Africa (Product Type, End-use Industry, and Country/Sub-region) o Saudi Arabia (By End-use Industry) o UAE (By End-use Industry) o Oman (By End-use Industry) o South Africa (By End-use Industry) · Rest of Middle East & Africa (By End-use Industry) |
Fortune Business Insights says that the global market value stood at USD 2.47 billion in 2024 and is projected to reach USD 4.23 billion by 2032.
In 2024, the market value stood at USD 0.92 billion.
The market is expected to grow at a CAGR of 7.00% during the forecast period of 2025-2032.
The chemicals & fertilizers segment led the market by end-use industry.
The key factor driving the growth of the market is the rapidly growing e-commerce sector.
Greif Inc., Amcor Plc, Rishi FIBC Solutions Pvt. Ltd., SIA Flexitanks, C.L. Smith, and Southern Packaging, LP are the top players in the market.
Asia Pacific dominates the market.
Increased demand from the chemicals sector is one of the factors that is expected to favor product adoption.
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