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The North America flexible intermediate bulk container market size is forecast to increase by USD 84.1 million at a CAGR of 6.4% between 2023 and 2028. The market is witnessing significant growth due to several key trends and factors. One of the primary drivers is the cost savings associated with FIBC use compared to traditional options such as woven polypropylene (PP) sandbags, cement bags, and potato sacks. FIBCs offer increased capacity and durability, reducing the need for frequent replacements. Additionally, innovations in FIBC products continue to emerge, with advancements in materials like plastic polymers leading to the development of rigid plastics suitable for both liquids and solids. These containers offer increased strength and stability, making them a popular choice in industrial storage applications. However, fluctuations in raw material prices of FIBCs pose a challenge to market growth. Despite this, the market is expected to continue expanding as businesses seek more efficient and cost-effective solutions for transporting and storing bulk materials.
1 Executive Summary
2 Market Landscape
3 Market Sizing
4 Historic Market Size
5 Five Forces Analysis
6 Market Segmentation by End-user
7 Customer Landscape
8 Geographic Landscape
9 Drivers, Challenges, and Opportunity/Restraints
10 Competitive Landscape
11 Competitive Analysis
12 Appendix
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