Global Silage Bags Market Demand & Forecast Analysis, 2016-2032

Executive Summary : - 

The global silage bags demand was estimated to be around XX Kilo Tons in 2017. Silage bags are mainly used for grain storage, animal feed storage and fertilizer storage. Grain storage application accounts for the largest share globally. There are two main types of silage bags available according to polymer used for their production, namely polypropylene and polyethylene. Commercially, silage bags are available in three different sizes, small (100-140 Tons), medium (150-200 Tons) and large (210-250 Tons).

Silage bags are packaging systems for silage, which is a green fodder stored in air tight and compact conditions. Silage bags prove to be cost-effective storage systems for farmers and fertilizer producers who require additional storage facility. Silage bags substitute other silage storage alternatives such as silos, bunkers and piles which require high investment as well as maintenance cost. The market for silage bags is driven by awareness among farmers to prevent wastage of food grains, fodder and other agricultural produce used to feed animals during the dry seasons. The global demand for silage bags is estimated to grow at a CAGR of 5% during 2018-2025. Asia s growing population with rising disposable incomes and a growing middle class is expected to drive the demand for silage bags.

Asia Pacific region will dominate the silage bags during the forecast period and is expected to grow at above average levels.