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Silage Tube Market

Silage Tube Market By Capacity (Small: 100 to 140 tons, Large: 150 to 200 tons, Very large: 210 to 250 tons), Grain (Dry grains, Wet grains, Crushed grains, Dried fruits) & Region - Forecast 2022-2032

Market Insights on Silage Tube covering sales outlook, demand forecast & up-to-date key trends

Silage Tube Market Overview

The silage tube market is anticipated to record a CAGR of 15% during the forecast period, up from US$ 2 Bn in 2022 to reach a valuation of US$ 8.09 Bn by 2032.

Attributes

Details

Silage Tube Market Value (2022)

US$ 2.00 Bn

Silage Tube Market Value (2032)

US$ 8.09 Bn

Silage Tube Market CAGR (2022-2032)

15%

Sales of silage tubes are expected to rise as silage tubes are frequently used in agriculture to protect feed from harmful pests and environmental conditions. Demand for silage tube is rising as it works well on a wide variety of grains and crops, including moisture-containing grains, dried grains, dry fodder, and others.

In addition to this, demand for silage tubes is rising owing to an increase in the need for innovative packaging. The sales of silage tubes are also increased due to the increased customer preference for specialized packaging of items that is both cost-effective and appealing to the consumer.

Increasing awareness among farmers to prevent fodder for dry climatic conditions is also projected to contribute to the growth of the silage tube market share.

Some of the key silage tube market trends promoting the demand for silage tubes include crop packaging silage tubes and bags that are built of materials that are puncture resistant, strong, and tear-resistant. Due to the rising demand, the sales of silage tube is anticipated to rise, and the global silage tube market is expected to witness a positive outlook during the forecast period.

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What are the Key Drivers to the Silage Tube Market Share?

Sales of silage tubes are effectively rising while making their way in the agricultural industry as it ensures the protection of fodder and silage against adverse climatic conditions.

Acceptance of silage tubes among farmers all across the globe is expected to drive the demand for silage tube and the growth of the global silage tube market share during the forecast period. Also, the silage tube can be sealable so that once the required quantity of fodder is taken, the bag can be sealed again. Sealing also allows the preservation of humidity at the desired level, which is one of the primary factors driving the sales of silage tubes.

The demand for silage tubes is anticipated to rise as it is effective when used with a vast range of crops, including high moisture grains, dry grains, and chopped dry forage, which are meant to feed cattle.

These factors are expected to drive the sales of silage tube and aid the growth of the global silage tube market share during the forecast period. Silage tube is available in various thicknesses and sizes depending on the requirement of the farmer.

Small farmers who cannot invest in large silo systems are preferring to silage tubes as their short-term requirement, which is anticipated to boost the demand for silage tubes. This factor further boosts the sales of silage tubes as well as the growth of the silage tube market share during the next decade.

However, the availability of different alternatives, including containers, ditches, and bunkers, can hamper the growth prospects of the silage tube market during the forecast period.

Ismail Sutaria
Principal Consultant
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Which Region holds the Highest Growth Potential in the Silage Tube Market?

Countries such as Australia, India, and other parts of the Asia Pacific region are expected to witness high demand for silage tube nowadays owing to changing climatic conditions. 

In the MEA region, African countries used silage tubes to keep fodder and silage to feed cattle. It is due to low rainfall in various parts of the region. African countries with low rainfall are opting for silage tubes on a mass basis. European countries such as Germany, the U.K., Italy, and others are expected to witness slower growth in the silage tube market share owing to the availability of various alternatives in the regions, including bunkers, containers, and others. 

Similar trends are followed in the U.S. and Canada. The silage tube market is expected to witness stagnant growth in the North American region. However, Brazil and Mexico are expected to witness average growth in the silage tube market during the forecast period.

How Strong is the Competition in the Silage Tube Market?

The key players in the silage bags market are Silo Bags India (India), Flex Pack (Holland), RKW groups (Germany), Silo Bags International limited (China), Silo bag grain (Australia), Grain Bags Canada (Canada), The Panama Group (India), Ipesa - Rio Chico S.A. (Argentina), etc.

Recent Developments in Silage Tube Market

  • Donaghys debuted SEVEN-7, a silage wrap with three times the mechanical resistance to impact and perforations, in New Zealand through its silage tubes in September 2016.
  • BASF introduced Lupro-Cid® NA, a low-irritant and low-corrosive organic acid composed of buffered formic acid and propionic acid.
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Scope of Report

Report Attribute

Details

Growth rate

CAGR of 15% from 2022 to 2032

Base year for estimation

2021

Historical data

2015 - 2020

Forecast period

2022 - 2032

Quantitative units

Revenue in USD billion, volume in kilotons, and CAGR from 2022 to 2032

Report coverage

Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis,

Segments covered

capacity, grain types, region

Regional scope

North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand

Country scope

U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa

Key companies profiled

Silo Bags India (India), Flex Pack (Holland), RKW groups (Germany), Silo Bags International limited (China), Silo bag grain (Australia), Grain Bags Canada (Canada), The Panama Group (India), Ipesa - Rio Chico S.A. (Argentina)

Customization scope

Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. 

Frequently Asked Questions

The silage tube market is anticipated to register a CAGR of 15% during the forecast period.

Key players holding substantial Silage Tube Market share include Silo Bags India (India), Flex Pack (Holland), RKW groups (Germany), Silo Bags International limited (China), Silo bag grain (Australia), Grain Bags Canada (Canada), The Panama Group (India), Ipesa - Rio Chico S.A. (Argentina).

As per the analysis, the Silage Tube Market share is likely to be US$ 8.09 Bn by 2032.

Demand for silage tube is likely to rise due to increased customer preference for specialized packaging of items that is both cost-effective and appealing to the consumer.

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Ismail Sutaria
Principal Consultant
LinkedIn
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