Container with collapsible loops

A collapsible container comprising:

• an upper first and a second loop of generally similar configuration,
• a flexible wall web attached about each of said loops and extending therebetween to define a tubular assembly,
• a bottom web attached to and extending across the second loop and cooperating with said loops and the wall web to define a container,
• a hem of said wall web is disposed about each of the first and second loops,
• a containment web secured in said hem about the upper first loop and extends therefrom and toward the second loop to define a containment vessel for liquid and other materials, whereby the wall web and containment web provide double containment against leakage from the container, and
• said loops with said webs thereon being twistable from their extended configurations into a compact layered array by manual grasping an twisting of opposite side portions of both loops to twist the loops into a collapsed configuration of four generally symmetrical smaller loops in overlaid array to facilitate handling and compact storage.