The global FIBC market is estimated to reach US$ 7.1 Bn in value by the end of 2022, with a CAGR of 5.3 percent over the forecasted period 2022-2032. In 2022, the worldwide FIBC market is projected to represent one-third of the US$22 billion market for FIBCs. The growth of industries requiring bulk shipment of products, is the primary factor impacting the consumption and requirement for FIBCs.
A leader in the industry with 37 years of experience, Brightflexi International Pvt. Ltd., is setting new standards with its diverse range of high-quality FIBC bags. Its notable contributions to the field have enabled the company to receive the Growth Champion, 2022 Asia Pacific recognition from the Financial Times.
Since its inception, Brightflexi International has developed a diverse and impressive product portfolio. Furthermore, the company imparts knowledge to the public about FIBCs, recycling, and the RFID lifecycle end procedures in addition to its product offerings. Through strategic exports and partnerships, the firm has also successfully penetrated the US and European markets.
Brightflexi caters to the needs of multiple industries including building and construction, food, chemicals, and more.“We firmly believe in outdoing ourselves and pushing our limits. Brightflexi packaging solutions has a wide outreach to customers in various industries”, says Abhinav Bansal, Joint Managing Director.
The numerous benefits of the various offerings of the firm including FIBC, PP woven sacks and fabrics, AD star block bottom bags, BOPP laminated bags, BOPP Back Seam bags, Pinch bottom bags, Insect free bags, Geotextiles, Multifilament Yarn, and more, like their unique properties including non-toxic content, and personal reusability is what sets Brightflexi International’s products apart from the competition.
Expertly tackling common client concerns around FIBC bags encompassing apprehensions about the selection of FIBC bags, which extend to concerns about safety, quality, and capacity of the bags. Customers are on the lookout for bags which can withhold the weight of products safely, without compromising on efficient designs. Faulty bags are also a hazard for workers who carry them. With such high stakes, the customers’ demands for top-notch quality are high. Additionally, today’s customers also want customized solutions, better service, personalized interactions, and collaborative experiences which are also affordable. “Our strategy is more towards providing customizable product options, which the customers require, we are dedicated to present a customer centric focus, releasing our products from sampling till production and dispatch”, adds Abhinav.
Since its inception in 1985, the company has laid strong emphasis on machinery upgradation to stay on top of the latest developments in extrusion, weaving, and sewing, which has resulted in achieving advanced integration of operations. Their state-of-the-art manufacturing technology and facility extends an area of Four lakh Sq.ft. and provides a manufacturing capacity of 30,000 metric tons per year. It enables them to produce superior quality products. Creating stellar products for nearly four decades, Brightflexi has earned a number of accolades including an Award for Excellence in Sub-sector in Plastics, Polymer from the Ministry of Petroleum, GoI.
Brightflexi has earned a number of accolades including an Award for Excellence in Sub-sector in Plastics, Polymer from the Ministry of Petroleum, GoI
Future Roadmap
In order to meet the growing demand for FIBC bags by various industries, Brightflexi is striving to increase its manufacturing capacities scheduled to launch in 2022. There is anticipation for massive increase in demand for these bags on account of their reusable nature. The company also intends to launch a strong internal R&D branch with a global market focus. In order to achieve their 5-year growth targets, also known as 5G growth in brand value, innovation, revenue, demographic expansion, and client acquisition, the team is also fast growing in the sales and production divisions.
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