Silo bags Market Growth and Forecast 2017-2027

Research Offers 10-Year Forecast on
Silo bags Market
March 2017
Report Id : REP-GB-2646
Status : Ongoing
Category : Automotive & Transportation
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Silo bags Market
Research Offers 10-Year Forecast on Silo bags Market
Silo bags Market: Introduction
Packaging plays an important role in attracting customers towards any product offered by a
manufacturers. Apart from that, packaging is also used for protection and bulk material shipping. One
such type of packaging is silo bags packaging. Silo bags are 2.4 to 3.6 meter elongated and flexible plastic
bags. The length of these bags depends on the quantity of material to be stored and the machine used
for packing purposes. As the cultivable land is decreasing, the demand for silo bags is gradually
increasing. Silo bags are also being used to protect grains from any kinds of external damage.
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Silo bags: Market Dynamics
The silo bags market is being driven by the increase in awareness about wastage of grains during
cultivation. Grain wastage hampers the overall production of crops. Moreover, the rising population of
the world is expected to create huge pressure on the overall production of agricultural crops. Silo bags
are useful as they can be used to protect grains and thus, help in meeting increased demand for crops.
The primary function of silo bags is to provide increased protection to the crops as well as to increase
their shelf life. Silo bags have monitoring equipment which can be used to trail the quality of any product
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Silo bags Market
as well as adjust the temperature. These features are likely to increase the demand for silo bags in the
near future. Silo bags also provides UV protection, yet another feature that is expected to fuel the
demand for silo bags during the forecast period. In addition, they are economical in comparison to
permanent steel bins and this is positive affecting the demand for silo bags market. Also, silo bags offer
the comfort of supple storage at an appropriate location when permanent storage is a restrictions.
Steel silos are expected to hinder the growth of silo bags because steel silos keep grains more safe than
normal silo bags. Also, silo bags offer limited unitary capacity and this can adversely affect the demand
for them.
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Silo bags: Market Segmentation
The global Silo bags market is segmented on the basis of storage and the capacity of the bags.
Based on the storage, the global silo bags market is segmented into:
Dry grains
Wet grains
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Silo bags Market
Rolled/crushed grains
Forages
Fertilizer
Dried fruits
Wood chips
Others
Based on the capacity of bags, the global silo bags market is segmented into:
Upto 200 mt
Above 200 mt
Silo bags Regional Outlook
In terms of geography, the global Silo bags market has been divided into five key regions -- North
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Silo bags Market
America, Latin America, Europe, Asia-Pacific and the Middle East. The Asia Pacific region is expected to
dominate the silo bags market during the forecast period. The presence of developing economies like
China and India will bolster this market. Also, Australia is expected to have massive impact on the Global
Silo bags market as agriculture is one of the most important means of sustenance in the country. It is
expected that the Latin America region will witness a decent CAGR by the end of the forecast period. On
the other hand, Europe and North America are expected to witness slower growth as compared to the
Latin America. Similarly, the Middle East and Africa region is also expected to register sluggish growth
throughout the forecast period.
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Silo bags packaging Market: Key players
Some of the key players in the global Silo bags market are Silo Bag India Pvt. Ltd., Silo Bags International
Limited, The Context Network, LLC, HYPLAST N.V, Grain Bags Canada, The Panama Group, Richiger, and
Silo bag grain, etc. The companies are focusing on launching products in emerging economies where the
agriculture sector is very strong.
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Future Market Insights has announced the addition of the “Silo bags Market: Global Industry Analysis, Size and Forecast, 2017 to 2027 ”report to their offering.