The FIBC market in 2023 is getting better and better with soaring export volume. The economic recovery after the COVID-19 pandemic could facilitate industries that use FIBC bags such as agriculture, chemicals, food and construction. Please follow this article to learn with EPP about the volatility of the jumbo bag market.
Introduction to the FIBC market
FIBC (Flexible Intermediate Bulk Container) bags, also known as big bags, or container bags. This is a special type of bag used to pack and transport bulk goods. In today's market, Bulk bags have become an effective packaging solution for many industries, from agriculture to chemicals, construction and other industrial goods.
The necessity of FIBC bags in industries
Increasing environmental awareness can create opportunities for recyclable and environmentally friendly PP super sacks. In addition, fluctuations in the price of raw materials such as plastics, and synthetic fibers may affect prices and competition in the big bag market.
Flexibility in transportation and storage
FIBC bulk bags are designed to hold and transport large amounts of goods, thanks to their versatility. Thanks to its size and high load capacity, Bulka bags help optimize space when storing and transporting goods. In particular, industries such as agriculture and construction often use big bags of storage to pack and transport materials such as sand, cement, fertilizer and animal feed.
Protect goods from external factors
FIBC bags are capable of protecting goods from external factors such as sunlight, moisture, dirt and exposure to the air. This is especially important for sensitive products such as chemicals, additives and materials that are susceptible to oxidation or damage in an unsuitable environment.
Save on shipping costs
With their capacity to hold large quantities of goods, FIBC bags reduce the number of transports required compared to using smaller packaging vehicles. This can help reduce transportation costs and increase efficiency in the supply chain. In addition, industrial bulk bags can be reused after being washed and checked for quality assurance, helping to save on packaging costs.
FIBC market trend in 2023
The general trend of the packaging industry is to switch to using recycled, environmentally friendly, and biodegradable FIBC bags. As a result, producers and consumers can increase their use of sustainable bulk bags with handles to meet environmental protection requirements.
Industry growth leads to increased demand
With the development of many industries globally, such as construction, agriculture and chemical industries, the demand for FIBC bags has also increased. This development led to the expansion of production and freight, which in turn increased the demand for efficient packaging solutions such as jumbo bag for sale.
The increase of exports and imports
The FIBC market not only serves domestic demand but also contributes to exports and imports. In 2023, an increase in export and import activities is expected. The use of FIBC bags during freight is a popular and cost-effective option for exporting and importing companies. Therefore, the big bag market in 2023 has strong growth prospects thanks to the increase in international trade activities.
The emergence of new technologies and materials
In the packaging industry, constant research and development of new technologies has brought about remarkable progress. New technologies and materials have been applied to the production of FIBC packaging, which improves their durability, water resistance, heat resistance, and safety in use. These advancements create competition and product diversification in the FIBC market in 2023.
The FIBC bag market in 2023 is forecasted to have a positive outlook thanks to the development of many industries and import and export activities. FIBC jumbo bags not only provide flexibility in shipping and storage of goods, but also protect goods from external factors and save on transportation costs.
Above is the information shared about the volatility of the FIBC market. The emergence of new technologies and materials also contributes to the growth and diversification of the bulk bag market. In general, the FIBC market in 2023 offers many opportunities for businesses in the field of packaging and freight.
EPP always strives to become the leading packaging supplier in Vietnam. If you have a need to use quality jumbo bags, you can contact the hotline +84986 002 888 for the most detailed advice.
🌐 Address: Central Lake 1 Building, Aqua Bay, Ecopark, Phung Cong Commune, Van Giang, Hung Yen.
🌐 Website: https://epp.vn - https://eppvietnam.trustpass.alibaba.com
📲 +84 986 002 888 - sales@epp.vn