A bulk bag comprises eight substantially identical side wall portions and eight stiffening panels. A bottom wall is connected to the bottom edges of the side wall portions and may be provided with a discharge port. Alternatively, a discharge port may be provided in one of the side wall portions. The bulk bag may be provided with a top wall which may be either openable or secured in place. A pallet and/or lift loops may be provided for transporting the bulk bag and the contents thereof. Belly bands extend around the periphery of the side wall comprising the side wall portions for reinforcing the side wall.