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Abi will answer all Flexible Intermediate Bulk Containers (FIBC) related
procurement queries with relevant data points
Abi - AI powered digital procurement assistant
Discover Market Info
Get up-to-date market and supplier info on Flexible Intermediate Bulk Containers (FIBC) to help you build
Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices
Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices
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Assess Supplier Risk based on key risk and compliance parameters
Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.
Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus
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Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography
Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings
Assess Category Performance
Benchmark your category performance against peers and the market
Measure category performance on 15 key parameters across cost, risk and strategy KPIs
Source Market Indices
Get information on key factors affecting your supply
Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics
Meet Abi
Discover Market Info
Manage Risk
Find Suppliers
Assess Category Performance
Source Market Indices
Abi will answer all Flexible Intermediate Bulk Containers (FIBC) related
procurement queries with relevant data points
Abi - AI powered digital procurement assistant
Get up-to-date market and supplier info on Flexible Intermediate Bulk Containers (FIBC) to help you build
Intelligence covers market and price outlook, SWOT analysis, demand & supply drivers, engagement models and Procurement best practices
Intelligence on category covers the following aspects market outlook, supply market, SWOT analysis, Cost components & Price outlook, Demand and supply drivers, Engagement Models and Procurement Best Practices
Assess Supplier Risk based on key risk and compliance parameters
Supplier assessment covers the following parameters Financial Risk, Ethical, Labor, Environmental Compliance, IT Security.
Supplier assessment is powered by world’s leading data partners including D&B, CreditSafe, Dow Jones, Refinitiv, Orpheus
Identify right fit suppliers based on your selection criteria including revenue, capabilities, certification, geography
Select suppliers based on industry, country, classification from a database of 4.2 mn suppliers. Get detailed supplier profiles with supplier capabilities, revenue, certifications, risk ratings
Benchmark your category performance against peers and the market
Measure category performance on 15 key parameters across cost, risk and strategy KPIs
Get information on key factors affecting your supply
Source Macro Data and Market Indices information from leading data sources across these key areas - Labor Rates, Currency, Energy, Country Risk, Trade Flow/Transportation, Port Data, Tariff, Weather and Epidemics
Category Intelligence on Flexible Intermediate Bulk Containers covers the following
The major driver for growth of FIBCs will be the need for light weight and less costly means to carry heavy loads
Currently, FIBCs are a small segment of flexible bulk packaging market, due to the wide acceptance of shipping sacks and film wraps as the traditional packaging materials. The growing adoption levels in the developing regions of APAC will help in increasing their demand in the next 3–5 years. Impact of COVID is expected to reduce the market growth by 2–3 percent in the next two years
Market Outlook of Flexible Bulk Packaging*
Major Drivers
FIBC export, import trade traffic has been stable in 2019, growing marginally at 1–2 percent compared to 2018. The major importing region was North America and few countries in Western Europe, contributing to more than 30 percent of the imports. The labor-intensive FIBC manufacturing process has led to buyers opting for low-cost labor countries, like China, India, and Malaysia, for their FIBC requirements, making Asia, the best sourcing
North America
Demand has almost doubled in the US for imports, while the export traffic has been steady. However, the trade tensions between the US and China can impact this significantly in the long term.
Europe
The UK, Germany, Italy, and Switzerland have increased import traffic from China for FIBC requirements. The UK is the major importer comprising of 12 percent of the European FIBC import.
Asia
China contributes to 28 percent of the global export traffic, followed by India, which contributes to 7 percent. Imports in South East Asian countries have been increasing for the past few years.
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