FIBC Flexible Intermediate Bulk Container Market Insights Video

According to Cognitive Market Research, The Global FIBC market size is USD 7.5 billion in 2023 and will enhance at a compound annual growth rate (CAGR) of 10.98% from 2023 to 2030.

• The demand for FIBC is rising due to various strategies adopted by key players.
• Demand for circular bags remains higher in the FIBC market.
• The food products & agriculture category held the highest FIBC market revenue share in 2023.
• North America will continue to lead, whereas the European FIBC market will experience the most substantial growth until 2030.