Global Save Grain Bags Market Worldwide Industry Analysis, Future Demand and Forecast till 2028

The save grain bags market is anticipated to grow at a CAGR of 4.4 % during the forecast period (2022-2028). Grain bags have shown to be a viable alternative to more traditional grain storage techniques. Save grain bags are FDA Approved Hermetic storage bags with EVAL Japanese technology (Ethyl Vinyl Alcohol). The benefits of these storage bags for the complete storage period, are the grains are free from infestation, molds, insects, pests, and quality loss.

The global save grain bags market is segmented based on the type and application. Based on the type, the market is sub-segmented into LLDPE, PPE, BOPP, MET, PE, and Others. Based on the application, the market is sub-segmented into the commercial and residential. Based on the distribution channel, the market is sub-segmented into online and offline. Among these segments, the commercial segment is expected to propel the growth of the market due to the increasing usage and demand for save grain bags globally. As these bags don’t require toxic and harmful chemicals to control infestation and maintain a high germination rate, which will contribute to the market growth during the forecast period.

The major market players in the global save grain bags market are Swiss Pac, Knack Polymers, SPPLAs, Shako Flexipack, and Bankey Bihari Packaging Pvt. Ltd., among others. The market players are also contributing significantly to the growth of the market by the adoption of various strategies including mergers and acquisitions, geographical expansion, partnerships, collaborations, and new product launches, to stay competitive in the market. For instance, in March 2022, the Environmental Handling Fee (EHF) charged at the point of purchase had been decreased by Clean farms, which manages the collection program for agricultural grain bags in Saskatchewan and Manitoba. The EHF, which is now 25 cents per kilogram, will be reduced to 22.5 cents per kilogram. The charge supports recycling initiatives in the province where it is collected, helping to keep discarded agricultural plastic out of landfills and out of the environment. Grain bags that are returned for recycling help to keep the economy circular by being utilized to create new plastic film goods. Environmental handling fees are frequently used to fund the recycling of a wide range of items.. Clean farms manages the recycling programs in Saskatchewan and Manitoba on behalf of the initial sellers of agricultural grain bags. These businesses are in charge of collecting discarded grain bags when producers have done with them, in accordance with provincial stewardship rules.

Market Coverage

• The market number available for – 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
  • By Type
  • By Application
  • By Distribution Channel
• Regions Covered-
  • North America
  • Europe
  • Asia-Pacific
  • Rest of the World
• Competitive Landscape- Swiss Pac, Knack Polymers, SPPLAs, Shako Flexipack, Bankey Bihari Packaging Pvt. Ltd. among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How has COVID-19 impacted the market?
  • Deviation from the pre-COVID-19 forecast
  • Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Save Grain Bags Market Report by Segment

By Type

• LLDPE
• PPE
• BOPP
• MET
• PE
• Others

By Application

• Commercial
• Residential

By Distribution Channel

• Online
• Offline