Global Ventilated Bulk Bags Market: Overview

Ventilated bulk bags are those bags that are made from polypropylene woven fabrics. In a bid to enable required flow of air, the bag is particularly made from this fabric. A flap or a duffle is often utilized in the form of a top closure with a bottom spout used as a discharge. The growth of the global ventilated bulk bags market is estimated to be driven by the it rising demand from the various end use segments.

Ventilated FIBC bag is another name by ventilated bulk bags. Due to the size, these bags come under the category of intermediate bulk containers. These bags are able to carry weights in between 500 to 4000 pounds roughly. Loops are added to these so as to facilitate lifting of these bags as it is difficult to move them with hands. Ventilated bulk bags are used in almost all industries where handling of dry solid goods in bulk is involved. It is particularly used industries like pharmaceuticals, food, and chemicals. The growth of the global ventilated bulk bags market is anticipated to observe growth due to the benefits offered by them.

Construction, number of strip fabrics, applications, and region are the four important parameters based on which the global ventilated bulk bags market has been classified.

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Global Ventilated Bulk Bags Market: Notable Developments

One of the important market developments that give a quick view of the dynamics pertaining to the global ventilated bulk bags market is mentioned as below:

  • In January 2019, American beverage company, The Sazerac Company, have made acquisition of 19 additional brands from prominent industrial packaging company, Star Industries.

Some of the prominent organizations in the global ventilated bulk bags market comprise the below-mentioned:

  • JumboSack Corporation
  • Fischer Bag Company
  • Global-Pak Inc.
  • Cliffe Packaging Ltd
  • Bulk Lift International
  • Star Industries

Global Ventilated Bulk Bags Market: Key Trends

The global ventilated bulk bags market is characterized by the presence of the following restraints, drivers, and opportunities.

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Growth of the Agricultural Industry to Generate Increased Demand for these Bags

The properties of these bags are many and these qualities add to the growth of the global ventilated bulk bags market. These bags offers protection, are durable, and strong, which makes these bags ideal for carrying stuff in bulk. The rating of a typical ventilated bulk bag stands at 5:1 safety factor ratio according to the norms of ISO 21898. This indicates that the bag is capable and specified to carry load as many as 5 times the load that the bags are allowed to carry safely. The heavy load carrying capacity of these bags is likely to support growth of the global ventilated bulk bags market over the period of assessment, from 2020 to 2030. 

Agricultural sector is one of the leading end users of the global ventilated bulk bags market as these bags are recyclable, enables sufficient passing of air through them and can carry huge load. These bags come in various patterns, such as baffle, conical, circular, four panel, and U-panel. In addition, hassle-free entry of new players in the developing parts of the world is likely to foster growth of the global ventilated bulk bags market over the specified period of analysis.

Global Ventilated Bulk Bags Market: Geographical Analysis

The global ventilated bulk bags market is estimated to witness substantial growth in Asia Pacific. The growth of the region is driven by flourishing agricultural industry in countries like India and China.  Both the countries are leading producers of fruits and vegetables, which is estimated to drive the demand for ventilated bulk bags in the years to come.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

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