Global jumbo bags market is driven by increasing its demand in agriculture and industrial sector

Jumbo bags are type of primary or secondary packaging which are commonly made with woven polyethylene or polypropylene. Major factor driving growth of the global jumbo bags market is increasing demand of jumbo bags due to its ease of transportation properties. Jumbo bags have variety of lifting options such as hood lift, corner loops, sleeve lifts, straps, etc. However, occurrence of toxic chemical from manufacturing plants of jumbo bags may hamper growth of the global jumbo bags market.

The global jumbo bags market has been segmented on the basis of material, product type, application, and region. On the basis of material, the market is segmented into polyethylene, semi-aromatic polyamides, and polypropylene.

On the basis of product type, the market is segmented into regular, conductive, dissipative, anti-static, and UN certified. UN certified segment expected to witness high growth in terms of revenue over the forecast period, due to its ability to carry hazardous material. On the basis of application, the market is segmented into construction, food, agriculture, pharmaceuticals, and minerals. Agriculture segment dominates the global market in terms of revenue and expected to witness high growth in the near future.

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Based on the region the target market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. Market in North America is dominates the global market in terms of revenue and expected to maintain its position in over the forecast period, owing to presence of large number of manufacturing and processing industries. Asia Pacific market is expected to witness high growth in terms of revenue in the near future, owing to increasing demand for reusable packaging in agriculture sector, especially in emerging economies. Revenue of Europe market is expected witness average growth over the forecast period, followed by Latin America and Middle East and Africa.

Key players operating in the global jumbo bags market include Jumbo Bag Ltd, Gulf Plastic Industries Company SAOG, FIBC Vietnam, PINNACLE Packing Industries L.L.C., Al-Tawfiq Company, Filling & Packing Materials Manufacturing Company (FIPCO), BJJ PHOLSUWAN ENTERPRISE CO., LTD., Virgo Polymers India Ltd., Berg Bag Company, Inc., and KP Polypack International.

 

About the Author

Michelle Boyd
Michelle does an outstanding job, related to the Health and Medicine background. Having experience of more than 8years, have been working before with other companies related to the same field, been an expert in resolving whatever queries are being approached by the team. She likes to enjoy each and every moment of life.

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