Domestic technical textiles Industry Segment-wise consumption of ...

Advantages of FIBC:
• Low cost of material handling from the manufacturer to the end user, inclusive of wastage of
material
• Easy filling and discharge
• Savings in loading/unloading time due to ease of handling
• Low weight packing for transport
• Built in safety factor of at least 5:1 on nominal load
• Transportation of empty FIBCs is cheap and space saving
• No requirement of pallets when compared to small bags – self supporting
• Good chemical and organic resistance
• Eco-friendly, since product is recyclable
• Can be used for storage in open air (if UV stabilised)
Market dynamics and key growth drivers
It is used in bulk packaging of
• Polymers, such as PET and PVC
• Petrochemicals, such as DMT, PTA and polyester chips
• Minerals, such as bentonite, alumina, ebonite, magnesite, mineral ores like nickel
• Agro-products, such as wheat, rice, starch, lactose and sugar
• Chemicals, such as carbon black, dyes and intermediates and fertilisers
• Oil cakes (powder form)
• Detergents
• Oat meal
• Clay, mica and feldspar
• Cement
• Pharmaceuticals
• Fish meal
The bulk packaging is done usually for long distance transportation like exports. As the exports of the
above mentioned items increasing from India, the demand for FIBC will also increase. Moreover
FIBC is also directly exported, the exports of which are growing sharply.
Market Size and future forecast
The market for these FIBC Jumbo bags is estimated as around Rs. 1,500 crore in 2007-08 and is
expected to cross Rs 5,000 crore by 2012-13. We have considered 2% y-o-y price increase as the