Press release
Bulk Bags Market Growth Driven by Need to Enable Seamless Transport and Storage of Goods across Verticals
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Conitex Sonoco Releases New Multi Layered FIBC (Flexible Intermediate Bulk Container) Bulk Bags
With respect to escalated consumer demands across end-use industries such as chemicals, construction, and food amongst others. Leading manufacturers are integrating resources for optimizing their product portfolio aligning with industry specificities. Incorporation of apt building material in order to attain sturdy bulk bags remains a priority amongst leading manufacturers in bulk bags market.
Packaging titan Sonoco, best known for its diverse range of flexible packaging solutions has recently made a public announcement affirming its complete acquisition of Conitex Sonoco which was a joint venture between Conitex and Sonoco since 1998. The recent development is in favor of Sonoco's objective to diversify its product range of bulk bags, expand its geographical presence and upgrade its clientele. The joint venture, Conitex Sonoco prior to its acquisition had also recently launched its latest offerings in bulk bags market with the launch of a multi-layer variant. This add-on will further enhance the company's FIBC series of bulk bags under the brand, BulkSak.
Increased Demands of Small Sized Bags to Instill Growth in Bulk Bags Market
Further in the report readers can gain vital insights about the prevalence of several market segments attributed to bulk bags market inclusive of capacity, fabric type, design, filling and discharge, and end-use industry. Based on capacity bulk bags market is classified as small, medium, and large. On the basis of fabric type, bulk bags market is categorized as Type A, B, C, and D. Based on design bulk bags market is categorized as U-panel bag, four side panel, baffle, circular/ tabular, and cross corner amongst others. Based on filling and discharge, bulk bags market is sectioned as open top & flat bottom, duffle top & flat bottom, open top & spout bottom, spout top & spout bottom, and spout top & flat bottom. In terms of end-use industry bulk bags market is classified as chemicals & fertilizers, food, construction, pharmaceutical, and mining amongst others.
Alongside, the report also entails veritable insights on the regional presence of bulk bags market according to which the market is scattered in several regions including Eastern and Western Europe, North America, Latin America, Japan, Asia-Pacific excluding Japan, and Middle East and Africa. Based on these research components readers are able to identify various marketing practices incorporated by market players across regions and their impact on end user response.
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Key Players: Bulk Bags Market
This section of the report collates relevant details that brief readers about the impact of marketing practices in luring end-user preferences and their eventual purchase decisions. New and existing market players can engage in in-depth analytical study of these strategies to attain comprehensive outlook on the market status. Based on renewed outlook market players can implement accurate marketing decisions that incur increased revenues as well as ensure sustenance of market players in the competitive landscape of bulk bags market. Eminent market players identified in bulk bags market include Conitex Sonoco, Greif Inc., Halsted Corporation, LC Packaging International BV, Jumbo Bag Ltd., and Mini Bulk Bags amongst others.
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