4-Loop FIBC Market

4-Loop FIBC Market Overview

The 4-Loop FIBC market is likely to register a CAGR of 4% during the forecast period, and is anticipated to reach a market share of US$ 27 Bn in 2032, from US$ 16.86 Bn in 2021, as manufacturers have shifted to 4-Loop FIBC bags due to better protection of the materials that are transported and for ease of procurement.

Flexible intermediate bulk containers (FIBCs) or Big Bags are other names for 4-loop FIBCs. In the logistics industry, 4-loop FIBC bags are commonly used for the transportation of bulk materials, creating a demand for 4-loop FIBC. 

Thermoplastic polymers have shown growth in the last few years in various industries that include packaging & labelling, stationery, and textiles. Various varieties of 4-Loops FIBC bags have been standardized and are widely recognized around the world, contributing to the sales of 4-Loop FIBC. 

Building & construction is the most important end user category of the global 4-loop FIBC market among the numerous end use industries. Demand for 4-Loop FIBC bags is high among consumers because they protect products from humidity, electrostatic dangers, extend shelf life, and provide safe transportation storage. 

4-Loop FIBCs are employed in a variety of end-use industries, including food and beverage, agriculture, construction, and pharmaceuticals, among others, enhancing the sales of 4-Loop FIBC. During the projected period, the global outlook for the 4-Loop FIBC market share is expected to be positive.

What Leads to the Growth of the 4-Loop FIBC Market?

Building and construction companies use jumbo bags, 4-loop FIBCs, jute bags, and other packaging forms to pack sand, cement, and other materials, which is expanding the demand for 4-loop FIBCs. 

The package to product weight ratio of 4-loop FIBCs is low, and empty FIBCs are small and lightweight, lowering transportation costs, boosting the sales of 4-loop FIBC. The demand for 4-Loop FIBC among various end-use industries manufacturers in bulk goods transportation has increased as a result of this factor.

What are the Limitations of the 4-Loop FIBC Market?

Despite the favourable aspects, there are certain obstacles to the growth of the global 4-loop FIBC market. The sales of 4- Loop FIBCs may be hampered by rising raw material prices and labour shortages. 4- Loop FIBCs are typically composed of polypropylene and polyethylene as raw materials. 

The raw material is projected to account for 60-70 per cent of the FIBC's entire manufacturing cost, hampering the demand for 4-Loop FIBC. Raw material availability and pricing fluctuations are some obstacles to 4- Loop FIBC manufacturers maintaining competitive costs.

Ismail Sutaria

Principal Consultant

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What is the Regional Outlook of the 4-Loop FIBC Market?

During the projection period, the demand for 4-Loop FIBC bags in North America is likely to remain the highest in terms of both value and volume. The United States is predicted to have the largest 4-Loop FIBC market share, while Canada is expected to rise significantly throughout the projection period. 

During the forecast period, the Europe 4- Loop FIBC market is predicted to closely follow the North America 4- Loop FIBC market in terms of market size. During the projected period, the Asia Pacific 4 – Loop FIBC is predicted to see considerable growth in terms of both volume and sales of 4- Loop FIBC. 

The global 4-Loop FIBC market has a lot of room for growth in countries like India, China, and Brazil, as well as the ASEAN region. Sales of 4-Loop FIBC have risen, as the items being carried are better protected, and procurement is easier.

What is the Competitive Landscape in the 4-Loop FIBC Market?

FlexiTuff Ventures International Ltd, ALPINE FIBC PVT.LTD, Shalimar Group, LC Packaging, Muscat Polymers Pvt. Ltd, LARE FIBC are some major key players in the 4-Loop FIBC market, holding a substantial 4-Loop FIBC market share. Manufacturers are taking advantage of every opportunity available in the 4-Loop FIBC market.

• Due to the superior protection of the contents being carried and the convenience of procurement, the majority of manufacturers have switched to 4-Loop FIBC bags.
• The study delves into parent market trends, macroeconomic data, and governing factors, as well as market potential and the attractiveness of the 4-Loop FIBC market by segment. The study also maps the qualitative impact of major market parameters on market segments and geographies, as well as their corresponding effects on the sales of 4-Loop FIBC.

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