Press release
Global Silo Bags Market Evaluated to Reach USD 949.6 Million in Revenue By 2030 | Infinium Global Research
Infinium Global Research, a premier market research firm, is pleased to announce the release of a comprehensive report on the Global Silo Bags Market. This extensive report provides a detailed analysis of various segments and sub-segments within the global and regional silo bags market. It offers insights into the impact of key drivers, restraints, and macro indicators on both short-term and long-term market trends. Additionally, the report presents an in-depth overview of trends, forecasts, and the financial values associated with the global silo bags market. The global medical waste containers market was valued at USD 546.3 Million in 2022 and is expected to reach USD 949.6 Million by 2030 and grow at a CAGR of 7.31% over the forecast period.To Know More Request a Sample of this Report: https://www.infiniumglobalresearch.com/market-reports/sample-request/971
Silo bags were initially developed for the anaerobic storage of chopped forages but have now expanded their utility to bulk grain storage. Built upon hermetic storage technology, silo bags effectively reduce post-harvest losses while offering an economical alternative for farmers to manage their stored grain between crop harvests. Typically, silo bags comprise three to seven layers of polyethylene, with each layer measuring about 250 microns in thickness. The outer layer is white to reflect solar radiation, while the inner layer is black to block sunlight. A standard silo bag is approximately 60 meters long, 3 meters in diameter, and can store as much as 200 tons of wheat, maize, soybeans, or smaller quantities as needed. Properly sealed silo bags are watertight and exhibit a high degree of gas tightness to CO2 and O2, providing protection from external damage. These characteristics make silo bags a highly sought-after item in the market. Additionally, the diminishing cultivable land has led to a growing demand for silo bags.
Key Factors Driving Market Growth:
=> Efficient Grain Storage: The increasing demand for efficient grain storage solutions is a significant driver of the silo bags market. Inefficient storage solutions have led to substantial losses, making silo bags an effective solution to mitigate post-harvest wastage.
=> Demand for Convenience: The rising demand for convenient packaging, reduced cost investment, and ease of handling is significantly propelling the silo bags market.
=> Government Subsidies: Increasing government subsidies to support farmers are expected to bolster market growth. Many governments around the world provide financial incentives to farmers for their agricultural operations.
=> Technological Advancements: The development of silo bags with advanced technologies is poised to boost market growth in the forecast period.
Impact of COVID-19: The COVID-19 pandemic has impacted the silo bags market due to global supply chain disruptions. Lockdowns and restrictions have affected the availability of silo bags. However, the long-term growth of the market is expected to remain stable.
Geographical Overview:
=> North America is anticipated to dominate the silo bags market during the forecasted period. The United States, one of the largest producers of agricultural products, is experiencing a growing demand for efficient and cost-effective storage solutions, driving increased adoption of silo bags.
=> Europe is expected to hold a significant market share due to the adoption of modern farming practices and the need for flexible storage solutions. Silo bags offer versatile and convenient storage options for agricultural products.
Segmentation: The report covers various segments, including length type and application:
=> Length Types: 60 meters, 75 meters, and over 90 meters.
=> Applications: Grain storage, forages storage, fertilizers storage, dried fruits storage, and other applications.
Key Market Players: The report profiles leading companies in the market, including IPESA - RIO CHICO S.A., LLC Planet Plastic, Up North Plastics, Inc., The RKW Group, Berry Global Inc., Plastika Kritis S.A., Rishi FIBC Solutions Pvt. Ltd., grainbags.ro, Poly-Ag Corp., and Agroflex.
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Table of Content
Chapter 1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
Chapter 2. Executive Summary
2.1. Silo Bags Market Highlights
2.2. Silo Bags Market Projection
2.3. Silo Bags Market Regional Highlights
Chapter 3. Global Silo Bags Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Porter`s Five Forces Analysis
3.4. IGR-Growth Matrix Analysis
3.4.1. IGR-Growth Matrix Analysis by Length Type
3.4.2. IGR-Growth Matrix Analysis by Application
3.4.3. IGR-Growth Matrix Analysis by Region
3.5. Value Chain Analysis of Silo Bags Market
Chapter 4. Silo Bags Market Macro Indicator Analysis
Chapter 5. Company Profiles and Competitive Landscape
5.1. Competitive Landscape in the Global Silo Bags Market
5.2. Companies Profiles
5.2.1. IPESA - RIO CHICO S.A.
5.2.2. LLC Planet Plastic
5.2.3. Up North Plastics, Inc.
5.2.4. The RKW Group
5.2.5. Berry Global Inc.
5.2.6. Plastika Kritis S.A.
5.2.7. Rishi FIBC Solutions Pvt.Ltd.
5.2.8. grainbags.ro
5.2.9. Poly-Ag Corp.
5.2.10. Agroflex
Chapter 6. Global Silo Bags Market by Length Type
6.1. 60 Meter
6.2. 75 Meter
6.3. Over 90 Meter
Chapter 7. Global Silo Bags Market by Application
7.1. Grain Storage
7.2. Forages Storage
7.3. Fertilizers Storage
7.4. Dried Fruits Storage
7.5. Other Applications
Chapter 8. Global Silo Bags Market by Region 2023-2030
8.1. North America
8.1.1. North America Silo Bags Market by Length Type
8.1.2. North America Silo Bags Market by Application
8.1.3. North America Silo Bags Market by Country
8.1.3.1. The U.S. Silo Bags Market
8.1.3.1.1. The U.S. Silo Bags Market by Length Type
8.1.3.1.2. The U.S. Silo Bags Market by Application
8.1.3.2. Canada Silo Bags Market
8.1.3.2.1. Canada Silo Bags Market by Length Type
8.1.3.2.2. Canada Silo Bags Market by Application
8.1.3.3. Mexico Silo Bags Market
8.1.3.3.1. Mexico Silo Bags Market by Length Type
8.1.3.3.2. Mexico Silo Bags Market by Application
8.2. Europe
8.2.1. Europe Silo Bags Market by Length Type
8.2.2. Europe Silo Bags Market by Application
8.2.3. Europe Silo Bags Market by Country
8.2.3.1. Germany Silo Bags Market
8.2.3.1.1. Germany Silo Bags Market by Length Type
8.2.3.1.2. Germany Silo Bags Market by Application
8.2.3.2. United Kingdom Silo Bags Market
8.2.3.2.1. United Kingdom Silo Bags Market by Length Type
8.2.3.2.2. United Kingdom Silo Bags Market by Application
8.2.3.3. France Silo Bags Market
8.2.3.3.1. France Silo Bags Market by Length Type
8.2.3.3.2. France Silo Bags Market by Application
8.2.3.4. Italy Silo Bags Market
8.2.3.4.1. Italy Silo Bags Market by Length Type
8.2.3.4.2. Italy Silo Bags Market by Application
8.2.3.5. Rest of Europe Silo Bags Market
8.2.3.5.1. Rest of Europe Silo Bags Market by Length Type
8.2.3.5.2. Rest of Europe Silo Bags Market by Application
8.3. Asia Pacific
8.3.1. Asia Pacific Silo Bags Market by Length Type
8.3.2. Asia Pacific Silo Bags Market by Application
8.3.3. Asia Pacific Silo Bags Market by Country
8.3.3.1. China Silo Bags Market
8.3.3.1.1. China Silo Bags Market by Length Type
8.3.3.1.2. China Silo Bags Market by Application
8.3.3.2. Japan Silo Bags Market
8.3.3.2.1. Japan Silo Bags Market by Length Type
8.3.3.2.2. Japan Silo Bags Market by Application
8.3.3.3. India Silo Bags Market
8.3.3.3.1. India Silo Bags Market by Length Type
8.3.3.3.2. India Silo Bags Market by Application
8.3.3.4. South Korea Silo Bags Market
8.3.3.4.1. South Korea Silo Bags Market by Length Type
8.3.3.4.2. South Korea Silo Bags Market by Application
8.3.3.5. Australia Silo Bags Market
8.3.3.5.1. Australia Silo Bags Market by Length Type
8.3.3.5.2. Australia Silo Bags Market by Application
8.3.3.6. Rest of Asia-Pacific Silo Bags Market
8.3.3.6.1. Rest of Asia-Pacific Silo Bags Market by Length Type
8.3.3.6.2. Rest of Asia-Pacific Silo Bags Market by Application
8.4. RoW
8.4.1. RoW Silo Bags Market by Length Type
8.4.2. RoW Silo Bags Market by Application
8.4.3. RoW Silo Bags Market by Sub-region
8.4.3.1. Latin America Silo Bags Market
8.4.3.1.1. Latin America Silo Bags Market by Length Type
8.4.3.1.2. Latin America Silo Bags Market by Application
8.4.3.2. Middle East Silo Bags Market
8.4.3.2.1. Middle East Silo Bags Market by Length Type
8.4.3.2.2. Middle East Silo Bags Market by Application
8.4.3.3. Africa Silo Bags Market
8.4.3.3.1. Africa Silo Bags Market by Length Type
8.4.3.3.2. Africa Silo Bags Market by Application
More Insights on this report, Speak to Our Analyst: https://www.infiniumglobalresearch.com/market-reports/enquiry/971
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of silo bags.
=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.
=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.
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About Infinium Global Research:
Infinium Global Research is a business consulting and market research firm; a group of experts that caters to fulfilling business and market research needs of leading companies in various industry verticals and business segments. The company also serves government bodies, institutes, and non-profit/non-government organizations to meet their knowledge and information needs.
Through our information services and solutions, we assist our clients to improve their performance and assess the market conditions to achieve their organizational goals. Our team of experts and analysts are engaged in continuously monitoring and assessing the market conditions to provide knowledge support to our clients. To help our clients and to stay updated with the advances and inventions in technology, business processes, regulations, and the environment, Infinium often conducts regular meets with industry experts and opinion leaders. Our key opinion leaders are involved in monitoring and assessing the progress in the business environment, so as to offer the best opinion to our clients.
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