Silo bags Market Size, Analysis, and Forecast Report 2017-2027

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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.  ( free-pr-online.com) 

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 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
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
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Silo bags Regional Outlook

In terms of geography, the global Silo bags market has been divided
into five key regions — North 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.

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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