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The packaging industry is perfectly in sync with the time by following all the parameters of the related industries with constant evolution. Bulk bags are a result of the innovations launched by the packaging industry in recent times. It has been designed primarily to store and transport goods in bulk. But what assists bulk bags market gain traction the most is its cost-effective and environmentally-efficient nature, a rare combination.

The global bulk bags market is showing great potential to achieve a market valuation of USD 4956.7 million by 2023 with a CAGR of 6.80% during the forecast period (2018-2023), reveals Market Research Future (MRFR). The report further incorporates drivers that can take the bulk bags market further in the coming years.

 

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Uploaded on October 1, 2019