FIBC Market Size to Hit USD 12.86 Billion by 2033 | Straits Research

Core Insights - The global FIBC (Flexible Intermediate Bulk Container) market is projected to grow from USD 8.77 billion in 2025 to USD 12.86 billion by 2033, with a CAGR of 4.9% during the forecast period [14] - The demand for FIBCs is driven by the expansion of the food and pharmaceutical industries, as well as the need for lightweight bulk packaging solutions [1][2] Market Dynamics - The increase in international trade, particularly from emerging economies, is expected to drive the global FIBC market due to higher packaging requirements [2] - The rise of e-commerce retailing is creating opportunities for the FIBC market, with e-commerce expected to account for over 12% of total retail in Western Europe and over 19% in the United States by 2022 [3] - E-commerce companies are demanding 50% more FIBC packaging than traditional retail channels, driven by the need for product security and cost-effective shipping [4] Regional Analysis - Asia Pacific holds the largest market share and is estimated to grow at a CAGR of 5.9% during the forecast period, fueled by investments in e-commerce and changing consumer preferences towards reusable packaging [6] - Europe is the second-largest region, projected to reach USD 1,700 million by 2030 at a CAGR of 4.8%, with government efforts to attract foreign direct investment enhancing the FIBC market [9] - North America is the third-largest region, with e-commerce penetration expected to exceed 87% by 2024, significantly boosting the demand for FIBCs [10] Competitive Landscape - Key players in the FIBC market include Global-Pak, Bag Corp, Isbir Sentetik, Greif, and Berry Global Group Inc. [14] - Recent developments include Global-Pak's recycling program in collaboration with PureCycle Technologies to recycle bulk bags [13] Market Segmentation - The FIBC market is segmented by product type (Type A, B, C, D) and end-use industries, with the food segment dominating and expected to grow at a CAGR of 5.9% [14][16]