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The "Global 2 Loop FIBC Bags Market" size was valued at US$ 856.4 million in 2024 and is projected to reach US$ 1.23 billion by 2030, at a CAGR of 6.2% during the forecast period 2024-2030.
The "United States 2 Loop FIBC Bags Market" size was valued at US$ 234.5 million in 2024 and is projected to reach US$ 325.6 million by 2030, at a CAGR of 5.6% during the forecast period 2024-2030.
2-Loop FIBC (Flexible Intermediate Bulk Container) Bags are a type of bulk bag used for transporting and storing large quantities of dry, flowable products, such as grains, chemicals, and construction materials. These bags are designed with two sturdy lifting loops, making them suitable for lifting with forklifts or cranes. The 2-loop design offers a cost-effective and space-saving solution, as it requires less fabric than 4-loop bags, while still providing reliable support for medium-weight loads
Production reached 185 million units in 2023. UV-resistant bags grow at 7.2% annually. Market saw 38% increase in food-grade applications. Standards implemented in 42 countries. Future projects worth US$ 178.9 million by 2026. Asia Pacific leads with 45% market share.
Report Overview
2 loop FIBC bags are industrial bags with two handles mostly used for packaging agricultural products such as grains, salts, seeds etc. and industrials products such as cement, sand, clays etc. 2 loop FIBC bags are also known as 2 loop jumbo bags.
This report provides a deep insight into the global 2 Loop FIBC Bags market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, value chain analysis, etc.
The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global 2 Loop FIBC Bags Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.
In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the 2 Loop FIBC Bags market in any manner.
Global 2 Loop FIBC Bags Market: Market Segmentation Analysis
The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.
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