Some key players that currently operate in Type A bulk bags market across the globe can be segmented into three tiers based on their market share as follow-
- Tier 1 (includes market leaders with a market share of more than 3%)
- ABC Polymer Industries, LLC.
- United Bags, Inc.
- Bulk-Pack, Inc.
- Global-Pak, Inc.
- Mondi plc
- Tier 2 (includes market players with a market share above 1% and below 3%)
- National Bulk Bag
- Gulf Plastic Industries SAOG
- Bag Supplies (FIBC) Limited
- Berry Plastics Inc.
- Tier 3 (includes manufacturers with market share below 1%)
- Olympic Bulk Bags Pty (Ltd)
- Rishi FIBC Solutions PVT. Ltd.
- Abdos Polymers Ltd.
- Virgo Polymer (India) Ltd.
- Umasree Texplast
- STP Group Hanoi Plastic Bag JSC
- Aditya Timpack Pvt Ltd
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Exhibit 2: Value Chain Analysis
Key developments & Trends
- In February 2016, Windmoeller & Hoelscher Corporation formerly known as BSW Machinery had launched new type of Polypropylene (PP) woven bag that are 20% lighter than comparable bags. Using Light & Strong (LS) technology, the company has come-up with 64g bags that outperform standard 80g bags commonly used in the cement industry in drop tests.
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