Global Silo Bags Market Growth, Share, Size, Trends and Forecast (2024 - 2030)

By Length Type;

60 Meters, 75 Meters and 90 Meters.

By Material Type;

Polyethylene (PE) and Polypropylene (PP).

By Application;

Grain Storage, Forages Storage, Fertilizers Storage, Dried Fruits Storage and Others.

By Geography;

North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).
Report ID: Rn178524753 Published Date: April, 2024 Updated Date: May, 2024

Introduction

Global Silo Bags Market (USD Million), 2020 - 2030

In the year 2023, the Global Silo Bags Market was valued at USD 564.09 million. The size of this market is expected to increase to USD 882.37 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 6.6%.

The global silo bags market has witnessed substantial growth in recent years, owing to the increasing demand for efficient and cost-effective storage solutions in the agriculture sector. Silo bags, also known as grain bags or silage bags, offer farmers a flexible and convenient way to store grains, seeds, and forage crops. These bags are made from high-quality polyethylene material, which provides protection against environmental factors such as moisture, pests, and mold, ensuring the preservation of the stored crops for extended periods.

One of the key drivers of the silo bags market is the growing adoption of modern farming techniques and the need to mitigate post-harvest losses. Traditional storage methods such as warehouses and silos are often expensive to construct and maintain, especially for small-scale farmers. Silo bags offer a more affordable alternative, allowing farmers to store their produce on-site without the need for significant infrastructure investment. Moreover, the flexibility of silo bags enables farmers to store varying quantities of crops, making them ideal for both large commercial farms and smallholders.

Another factor contributing to the market growth is the rising trend of mechanization in agriculture. With the mechanization of farming operations, there is an increased focus on efficiency and productivity throughout the agricultural value chain. Silo bags align with this trend by streamlining the storage process, reducing manual labor requirements, and minimizing the risk of spoilage. Additionally, the versatility of silo bags enables farmers to store a wide range of crops, including grains, pulses, oilseeds, and forage, further driving their adoption across different regions and crop types.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Length Type
    2. Market Snapshot, By Material Type
    3. Market Snapshot, By Application
    4. Market Snapshot, By Region
  4. Global Silo Bags Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Growing demand

        2. Increasing adoption

        3. Advancements in material technology

      2. Restraints
        1. Lack of awareness

        2. Regulatory constraints

        3. Limited availability

      3. Opportunities
        1. Expansion into new geographical markets

        2. Innovation in product design

        3. Strategic partnerships and collaborations

    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Global Silo Bags Market, By Length Type, 2022 - 2032 (USD Million)
      1. 60 Meters
      2. 75 Meters
      3. 90 Meters
    2. Global Silo Bags Market, By Material Type, 2022 - 2032 (USD Million)
      1. Polyethylene (PE)
      2. Polypropylene (PP)
    3. Global Silo Bags Market, By Application, 2022 - 2032 (USD Million)
      1. Grain Storage
      2. Forages Storage
      3. Fertilizers Storage
      4. Dried Fruits Storage
      5. Others
    4. Global Silo Bags Market, By Geography, 2022 - 2032 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Silo Bag India Pvt. Ltd.
      2. Silo Bag Grain Co., Ltd.
      3. RKW Group
      4. Flex-Pack
      5. IPESA Silo Bags
      6. Plastar S.A.
      7. GrainPro, Inc.
      8. Brain Chamber Polysacks Pvt. Ltd.
      9. Richiger Maquinarias S.A.
      10. Shandong Xingguo Xinli Plastic Engineering Co., Ltd.
  7. Analyst Views
  8. Future Outlook of the Market

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