The FIBC market is gradually improving in technology to meet the market’s requirements, willing to participate in the “race” of the global supply chain. It is forecast that the packaging market will get better thanks to many developed countries that have reopened their economies after deploying the COVID-19 vaccine on a large scale. Accordingly, fibc industry will bring many opportunities and benefits to domestic and foreign enterprises investing in this field.
Positive movements of FIBC market
The development of the food industry is a key factor affecting the packaging industry in Vietnam. This helps baffle bag fibc or Food grade bulk bags have a dizzying increase in consumption. The annual growth rate of the jumbo bag industry is reaching a high level, from 15 to 20% per year.
The FIBC market is gradually improving in technology to meet the market’s requirements, willing to participate in the “race” of the global supply chain
In addition, the e-commerce industry in recent years has also developed rapidly. All of the above factors resonate to make investors focus on packaging manufacturers in Vietnam. Many foreign companies have decided to choose Vietnam as a market to expand and develop their packaging industry.
Foreign enterprises recognized the potential and opportunities in the field of packaging and invested heavily in the Vietnamese market. With relatively low labor costs, domestic demand is high while only a few domestic companies can invest in advanced technology to develop packaging production with high cost. Foreign companies with outstanding advantages have many long-term investment opportunities in Vietnam in the field of packaging.
Why are FIBC bags so popular?
FIBC bags are made from woven polypropylene fabric, allowing users to store and transport materials in large volumes without affecting the environment. Because jumbo bags have great capacity and durability, they are ideal for reuse over and over again. In addition, big bags are also cost-effective, lightweight.
Bulk bags are the preferred choice for most industries today that need to store, pack and transport bulk goods
BUlk bags are the preferred choice for most industries today that need to store, pack and transport bulk goods. The product has outstanding advantages such as saving cargo space and costs in consideration with others in the FIBC market.
Wide application
Selecting the exact bag that meets your requirements can significantly help you save on labor costs and reduce material waste. By choosing the right type of FIBC bag, you ensure that your products are packed efficiently, minimizing the risk of damage during transport and storage. This not only optimizes handling procedures but also enhances overall productivity.
EPP VietNam also plans to expand production and business
- Agricultural Products: Grains, seeds, fertilizers, and animal feed benefit from the large capacity and durability of jumbo bags, ensuring safe storage and transport.
- Building Materials: Items such as sand, gravel, cement, and other bulk construction materials are often packaged in jumbo bags, facilitating easy handling and transport on construction sites.
- Chemicals: Various chemicals, including powders and granules, require secure packaging to prevent contamination and ensure safety during handling, making jumbo bags an ideal choice.
- Food Products: Jumbo bags are used to package dry food ingredients, such as flour, sugar, and rice, ensuring compliance with food safety standards while allowing for easy bulk handling.
- Pharmaceuticals: In the pharmaceutical industry, large quantities of raw materials and ingredients are often stored in jumbo bags, maintaining quality and safety throughout the supply chain.
Above is information about the FIBC market and development opportunities. Hope our article will help you find a reputable supplier for high quality FIBCs. Facing the positive developments of the packaging market, EPP VietNam also plans to expand production and business. EPP is manufacturing and supplying PP jumbo bags type A, B, C. For any information you need to consult or buy products, you can visit: https://epp.vn/ or contact us directly.
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