Fiber Bale Packaging Market: An Overview
Fiber bale packaging is a versatile type of bulk packaging that protects staple fiber against dirt in the factory, forklift grease and numerous handler. Once attached to the other piece, each piece is modified to greatly enclose and accommodate the compact, durable fibre bale. The key objective of fiber bale packaging is to develop and assemble technology for safe and secured packaging of bulk products, its storage and shipping and stays firmly packed up to when the package is opened or damaged. Fiber bale packaging can tailor a bale cover to suit individual requirements, based on staple fiber features, wrapping preference and bale presses. Owing to its many benefits, net wrapping in fiber bale packaging has been the heavily used option in recent years. The ease of delivery of the fiber bale packaging and minimized wear of the equipment made it the system of choice. The fiber bale packaging incorporates high strength with reasonable working power to produce compact with physically attractive bales. Any of the fiber bale packaging consists of multi-layer laminates (coated on one or two sides) forms that are used to satisfy specific strength and robustness specifications. Some of the foremost users of fiber bale packaging are food & beverage, automotive, electrical & electronics, and building & construction industries.
Fiber Bale Packaging Market: Dynamics
Fiber bale packaging market is majorly driven by the various factors such as wide range of fabric weights, ideal for large baling lines & high speed automatic packaging and availability of extrusion PE or PP coated fiber that demanded by the various end-use industries. The use of highly integrated fiber bale packaging will improve time to market and mitigate costs related to the production, storage and transportation of bulk packaging worldwide. Customised fiber bale packaging ensure higher excellence, greater safety and more cost-effectiveness in the storage and transportation of bulk packaging from coast to coast. Although lightweight, fiber bale packaging also represents a surprising extent of strength and durability. Besides this, tear resistant ability, stretchable and flexible for ideal fitting, and water resistance with coated fabrics are some of the features helps in boosting up the fiber bale packaging market globally. With the slowdown in world economic growth due to COVID-19 pandemic, the fiber bale packaging market players has also experienced a certain impact and are struggling to continue their operations to provide their services to food & beverage and electrical & electronics industries. The disruption caused by COVID-19 in the whole world is expected to vibrate the economy of Europe, America, China and other developing countries from Asia Pacific.
Fiber Bale Packaging Market: Regional Outlook
Global fiber bale packaging market has been fragmented into seven key regions including North America, Latin America, Europe, South Asia, East Asia, Middle East & Africa and Oceania. Large number of fiber bale packaging manufacturers are present in the developed countries such as U.S., Germany, and France, because of which the North America followed by European region dominates the global fiber bale packaging film market. There are significant growth opportunities for the existing manufacturers and new competitors in the global fiber bale packaging market specifically to Asian manufacturers where packaging industries are growing rapidly, due to which demand for fiber bale packaging in Asia Pacific region is anticipated to increase in coming years. Besides this, growing penetration in markets around the world, such as Latin America, Middle East & Africa and Oceania are also demanding for bulk packaging in various industrial operations and thus fiber bale packaging market is also projected increase to some extent.
Fiber Bale Packaging Market: Key Players
Some of the key players in fiber bale packaging market are
- Lenzing Plastics GmbH & Co KG
- Sonoco Products Company (Conitex)
- ITW Signode India Limited
- Stein Fibers, Ltd.
- Proag Products Ltd
- Bischof + Klein SE & Co. KG
Fiber Bale Packaging Market: Segmentation
Global fiber bale packaging market is segmented on the basis of material as
- Other Plastics
Global fiber bale packaging market is segmented on the basis of bale weight as
- Up to 150 GSM
- 151 to 250 GSM
- 251 to 350 GSM
- More than 350 GSM
Global fiber bale packaging market is segmented on the basis of end-use as
- Food & Beverage
- Electrical & Electronics
- Building & Construction
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