
Silo Bags Market
Silo Bags Market Forecasts to 2030 - Global Analysis By Storage Capacity (Up To 2000 Mt and Above 2000 Mt), By Length (Up to 60 meters, 61-90 meters and Over 90 meters), Material, Distribution Channel, Application, End User and By Geography

According to Stratistics MRC, the Global Silo Bags Market is accounted for $660.34 million in 2023 and is expected to reach $1102.69 million by 2030 growing at a CAGR of 7.6% during the forecast period. Silo Bags are modular semiconductor components that perform specific functions within an integrated circuit (IC) system. These small, individual chips can be independently designed, manufactured, and tested before being assembled into a larger IC package. Silo Bags enable flexible and scalable system designs, allowing for improved performance, reduced development costs, and faster time-to-market for complex electronic devices such as CPUs, GPUs, and AI accelerators.
According to the Food and Agriculture Organization (FAO) of the United Nations, estimates say that approximately 25% of the world's food production is lost or wasted every year due to various factors, such as moisture, pests, and other causes.
Market Dynamics:
Driver:
Growing demand for grain storage
As population growth and urbanization increase, there's a rising need to store grains efficiently and safely to meet food demand. Silo bags offer a flexible and cost-effective solution for temporary and semi-permanent grain storage, especially in regions with limited infrastructure or fluctuating harvests. This demand is further fueled by the benefits of silo bags, including their ability to protect grains from pests, spoilage, and adverse weather conditions.
Restraint:
Limited awareness and adoption
Despite their numerous benefits, such as cost-effectiveness and protection against weather damage, many potential users, especially in developing regions, remain unaware of their existence or are hesitant to adopt them due to traditional storage practices. This lack of awareness and slow adoption rates hinder market growth.
Opportunity:
Expanding agricultural sector
As global population growth and changing dietary preferences drive increased food demand, farmers seek efficient storage solutions to preserve harvested crops. Silo bags offer a cost-effective and flexible storage option, particularly in regions lacking permanent storage infrastructure. Additionally, the adoption of modern agricultural practices and the expansion of farming operations into remote areas further fuel the demand for silo bags, positioning the market for substantial growth and development.
Threat:
Competition from alternative storage solutions
Traditional storage methods such as silos and warehouses, as well as emerging technologies like hermetic bags and airtight containers, offer alternatives to silo bags. These alternatives may offer advantages such as larger storage capacities, better protection against pests and environmental factors, and a longer shelf life for stored commodities. Additionally, advancements in technology and materials used in alternative storage solutions may enhance their appeal to consumers. As a result, silo bag manufacturers face the challenge of differentiating their products and demonstrating their superiority to compete effectively in the market.
Covid-19 Impact:
The COVID-19 pandemic has both positively and negatively impacted the silo bags market. While disruptions in the supply chain and logistical challenges have hindered production and distribution, increased demand for food security and storage solutions has driven the adoption of silo bags. Additionally, economic uncertainties have prompted farmers to seek cost-effective storage solutions, further boosting market growth.
The above 2000 Mt segment is expected to be the largest during the forecast period
The segment above 2000 metric tons (Mt) is projected to be the largest in the Silo Bags Market during the forecast period. This is attributed to the growing demand for large-capacity storage solutions to accommodate increasing agricultural yields and address food security concerns. Additionally, advancements in silo bag technology have improved their durability and capacity, making them suitable for storing larger quantities of grains and other agricultural commodities, thereby driving the growth of this segment.
The biodegradable materials segment is expected to have the highest CAGR during the forecast period
In the silo bags market, the biodegradable materials segment is anticipated to experience the highest CAGR during the forecast period. This growth can be attributed to increasing environmental awareness and regulatory pressures to reduce plastic waste. Biodegradable materials offer eco-friendly alternatives to traditional plastics, attracting environmentally conscious consumers and businesses. Additionally, advancements in biopolymer technology have improved the durability and performance of biodegradable silo bags, further driving their adoption in agricultural storage applications.
Region with largest share:
Over the forecast period, Asia Pacific is positioned to dominate the silo bags market due to the region's rapidly growing population, coupled with increasing agricultural activities and government initiatives to improve food security, which are driving the demand for efficient storage solutions. Additionally, rising investments in agricultural infrastructure, technological advancements, and the expanding adoption of modern farming practices further contribute to the region's prominence in the silo bags market.
Region with highest CAGR:
During the forecast period, North America is anticipated to witness rapid expansion in the Silo Bags market due to several factors. These include increasing adoption of modern agricultural practices, growing demand for efficient and cost-effective storage solutions, and rising awareness about the benefits of silo bags in preserving grain quality and reducing post-harvest losses. Additionally, government initiatives promoting sustainable agriculture and food security are likely to drive the demand for silo bags in the region.
Key players in the market
Some of the key players in Silo Bags Market include Adani Agri Logistics Ltd, BagMan LLC, Berry Global Inc., Blue lake Plastics, LLC, Canadian Tarpaulin Manufacturers Ltd., Context Network, Flexituff International Ltd., GEM Silage Products, GrainPro, GSI Group LLC, IG Industrial Plastics, LLC, Kan Sakthi Poly Products, Marcher Brasil, Obeeco Ltd., Richiger Maquinarias S.A., RKW Group, Sakthi Poly Products, Silo Bag Grain Co., Ltd., Silo Bags International Ltd. and SiloNet.
Key Developments:
In September 2022, Marcher Brasil announced the launch of a new food extractor tool called OUTGRAIN211. The machine effectively removes stored food grains from silo bags. The product is known to be efficient, safe, and quick, and promotes zero losses. OUTGRAIN211 was launched at the Expointer 2022 and has promised to make the most of the storage system by avoiding grain contamination.
In October 2022, Adani Agri Logistics Ltd, a part of the Adani Group, announced signing a contract with the Food Corporation of India (FCI) for building 4 silo complexes across Bihar and Uttar Pradesh states of India. These units are expected to improve silo storage capacity by 3.5 lakh tonnes.
Storage Capacities Covered:
• Up To 2000 Mt
• Above 2000 Mt
Lengths Covered:
• Up to 60 meters
• 61-90 meters
• Over 90 meters
Materials Covered:
• Polyethylene
• Polypropylene
• Biodegradable Materials
• Other Materials
Distribution Channels Covered:
• Direct Sales
• Distributors and Retailers
• Online Sales Channels
Applications Covered:
• Grain Storage
• Dried Fruits Storage
• Fertilizers Storage
• Forages Storage
• Other Applications
End Users Covered:
• Farmers
• Feed Manufacturers
• Food Processing Companies
• Grain Traders and Merchants
• Other End Users
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o UK
o Italy
o France
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
• Company Profiling
o Comprehensive profiling of additional market players (up to 3)
o SWOT Analysis of key players (up to 3)
• Regional Segmentation
o Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
2.1 Abstract
2.2 Stake Holders
2.3 Research Scope
2.4 Research Methodology
2.4.1 Data Mining
2.4.2 Data Analysis
2.4.3 Data Validation
2.4.4 Research Approach
2.5 Research Sources
2.5.1 Primary Research Sources
2.5.2 Secondary Research Sources
2.5.3 Assumptions
3 Market Trend Analysis
3.1 Introduction
3.2 Drivers
3.3 Restraints
3.4 Opportunities
3.5 Threats
3.6 Application Analysis
3.7 End User Analysis
3.8 Emerging Markets
3.9 Impact of Covid-19
4 Porters Five Force Analysis
4.1 Bargaining power of suppliers
4.2 Bargaining power of buyers
4.3 Threat of substitutes
4.4 Threat of new entrants
4.5 Competitive rivalry
5 Global Silo Bags Market, By Storage Capacity
5.1 Introduction
5.2 Up To 2000 Mt
5.3 Above 2000 Mt
6 Global Silo Bags Market, By Length
6.1 Introduction
6.2 Up to 60 meters
6.3 61-90 meters
6.4 Over 90 meters
7 Global Silo Bags Market, By Material
7.1 Introduction
7.2 Polyethylene
7.3 Polypropylene
7.4 Biodegradable Materials
7.5 Other Materials
8 Global Silo Bags Market, By Distribution Channel
8.1 Introduction
8.2 Direct Sales
8.3 Distributors and Retailers
8.4 Online Sales Channels
9 Global Silo Bags Market, By Application
9.1 Introduction
9.2 Grain Storage
9.3 Dried Fruits Storage
9.4 Fertilizers Storage
9.5 Forages Storage
9.6 Other Applications
10 Global Silo Bags Market, By End User
10.1 Introduction
10.2 Farmers
10.3 Feed Manufacturers
10.4 Food Processing Companies
10.5 Grain Traders and Merchants
10.6 Other End Users
11 Global Silo Bags Market, By Geography
11.1 Introduction
11.2 North America
11.2.1 US
11.2.2 Canada
11.2.3 Mexico
11.3 Europe
11.3.1 Germany
11.3.2 UK
11.3.3 Italy
11.3.4 France
11.3.5 Spain
11.3.6 Rest of Europe
11.4 Asia Pacific
11.4.1 Japan
11.4.2 China
11.4.3 India
11.4.4 Australia
11.4.5 New Zealand
11.4.6 South Korea
11.4.7 Rest of Asia Pacific
11.5 South America
11.5.1 Argentina
11.5.2 Brazil
11.5.3 Chile
11.5.4 Rest of South America
11.6 Middle East & Africa
11.6.1 Saudi Arabia
11.6.2 UAE
11.6.3 Qatar
11.6.4 South Africa
11.6.5 Rest of Middle East & Africa
12 Key Developments
12.1 Agreements, Partnerships, Collaborations and Joint Ventures
12.2 Acquisitions & Mergers
12.3 New Product Launch
12.4 Expansions
12.5 Other Key Strategies
13 Company Profiling
13.1 Adani Agri Logistics Ltd
13.2 BagMan LLC
13.3 Berry Global Inc.
13.4 Blue lake Plastics, LLC
13.5 Canadian Tarpaulin Manufacturers Ltd.
13.6 Context Network
13.7 Flexituff International Ltd.
13.8 GEM Silage Products
13.9 GrainPro
13.10 GSI Group LLC
13.11 IG Industrial Plastics, LLC
13.12 Kan Sakthi Poly Products
13.13 Marcher Brasil
13.14 Obeeco Ltd.
13.15 Richiger Maquinarias S.A.
13.16 RKW Group
13.17 Sakthi Poly Products
13.18 Silo Bag Grain Co., Ltd.
13.19 Silo Bags International Ltd.
13.20 SiloNet
List of Tables
1 Global Silo Bags Market Outlook, By Region (2021-2030) ($MN)
2 Global Silo Bags Market Outlook, By Storage Capacity (2021-2030) ($MN)
3 Global Silo Bags Market Outlook, By Up To 2000 Mt (2021-2030) ($MN)
4 Global Silo Bags Market Outlook, By Above 2000 Mt (2021-2030) ($MN)
5 Global Silo Bags Market Outlook, By Length (2021-2030) ($MN)
6 Global Silo Bags Market Outlook, By Up to 60 meters (2021-2030) ($MN)
7 Global Silo Bags Market Outlook, By 61-90 meters (2021-2030) ($MN)
8 Global Silo Bags Market Outlook, By Over 90 meters (2021-2030) ($MN)
9 Global Silo Bags Market Outlook, By Material (2021-2030) ($MN)
10 Global Silo Bags Market Outlook, By Polyethylene (2021-2030) ($MN)
11 Global Silo Bags Market Outlook, By Polypropylene (2021-2030) ($MN)
12 Global Silo Bags Market Outlook, By Biodegradable Materials (2021-2030) ($MN)
13 Global Silo Bags Market Outlook, By Other Materials (2021-2030) ($MN)
14 Global Silo Bags Market Outlook, By Distribution Channel (2021-2030) ($MN)
15 Global Silo Bags Market Outlook, By Direct Sales (2021-2030) ($MN)
16 Global Silo Bags Market Outlook, By Distributors and Retailers (2021-2030) ($MN)
17 Global Silo Bags Market Outlook, By Online Sales Channels (2021-2030) ($MN)
18 Global Silo Bags Market Outlook, By Application (2021-2030) ($MN)
19 Global Silo Bags Market Outlook, By Grain Storage (2021-2030) ($MN)
20 Global Silo Bags Market Outlook, By Dried Fruits Storage (2021-2030) ($MN)
21 Global Silo Bags Market Outlook, By Fertilizers Storage (2021-2030) ($MN)
22 Global Silo Bags Market Outlook, By Forages Storage (2021-2030) ($MN)
23 Global Silo Bags Market Outlook, By Other Applications (2021-2030) ($MN)
24 Global Silo Bags Market Outlook, By End User (2021-2030) ($MN)
25 Global Silo Bags Market Outlook, By Farmers (2021-2030) ($MN)
26 Global Silo Bags Market Outlook, By Feed Manufacturers (2021-2030) ($MN)
27 Global Silo Bags Market Outlook, By Food Processing Companies (2021-2030) ($MN)
28 Global Silo Bags Market Outlook, By Grain Traders and Merchants (2021-2030) ($MN)
29 Global Silo Bags Market Outlook, By Other End Users (2021-2030) ($MN)
Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.
List of Figures
RESEARCH METHODOLOGY

We at ‘Stratistics’ opt for an extensive research approach which involves data mining, data validation, and data analysis. The various research sources include in-house repository, secondary research, competitor’s sources, social media research, client internal data, and primary research.
Our team of analysts prefers the most reliable and authenticated data sources in order to perform the comprehensive literature search. With access to most of the authenticated data bases our team highly considers the best mix of information through various sources to obtain extensive and accurate analysis.
Each report takes an average time of a month and a team of 4 industry analysts. The time may vary depending on the scope and data availability of the desired market report. The various parameters used in the market assessment are standardized in order to enhance the data accuracy.
Data Mining
The data is collected from several authenticated, reliable, paid and unpaid sources and is filtered depending on the scope & objective of the research. Our reports repository acts as an added advantage in this procedure. Data gathering from the raw material suppliers, distributors and the manufacturers is performed on a regular basis, this helps in the comprehensive understanding of the products value chain. Apart from the above mentioned sources the data is also collected from the industry consultants to ensure the objective of the study is in the right direction.
Market trends such as technological advancements, regulatory affairs, market dynamics (Drivers, Restraints, Opportunities and Challenges) are obtained from scientific journals, market related national & international associations and organizations.
Data Analysis
From the data that is collected depending on the scope & objective of the research the data is subjected for the analysis. The critical steps that we follow for the data analysis include:
- Product Lifecycle Analysis
- Competitor analysis
- Risk analysis
- Porters Analysis
- PESTEL Analysis
- SWOT Analysis
The data engineering is performed by the core industry experts considering both the Marketing Mix Modeling and the Demand Forecasting. The marketing mix modeling makes use of multiple-regression techniques to predict the optimal mix of marketing variables. Regression factor is based on a number of variables and how they relate to an outcome such as sales or profits.
Data Validation
The data validation is performed by the exhaustive primary research from the expert interviews. This includes telephonic interviews, focus groups, face to face interviews, and questionnaires to validate our research from all aspects. The industry experts we approach come from the leading firms, involved in the supply chain ranging from the suppliers, distributors to the manufacturers and consumers so as to ensure an unbiased analysis.
We are in touch with more than 15,000 industry experts with the right mix of consultants, CEO's, presidents, vice presidents, managers, experts from both supply side and demand side, executives and so on.
The data validation involves the primary research from the industry experts belonging to:
- Leading Companies
- Suppliers & Distributors
- Manufacturers
- Consumers
- Industry/Strategic Consultants
Apart from the data validation the primary research also helps in performing the fill gap research, i.e. providing solutions for the unmet needs of the research which helps in enhancing the reports quality.
For more details about research methodology, kindly write to us at info@strategymrc.com
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