Increasing Awareness about the choice of packaging is accelerating the demand for intelligent packaging solutions like Loop Handle Bags Growth of Loop Handle Bags Market
Packaging is becoming a vital constituent of modern life due to the avoidance of wastage, ease of transportation, storage and inclination of the consumer towards an extensive usage of bags. The recent awareness about the choice of packaging is accelerating the demand for intelligent packaging solutions like Loop Handle Bags, mostly used for packaging of garments. These bags find a wide range of applications in food & beverages, consumer goods, healthcare & pharmaceuticals, home care & personal care, and other industrial packaging applications.
Future Market Insights recent study suggests that the growth of the global Loop Handle Bags market is being driven by industrial applications for bulk packaging of products. Loop handle provides a better grip for handling. The handles are attached to bags with adhesives or are stitched to the jute bags. The FMI report further indicated that despite the positive outlook, the growth of the loop handle bags market might be affected. One of the factors is the stringent government rules and regulations against environmental pollution caused by the plastic
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Furthermore, it helps the producers of the food in accessing information regarding food grains from remote locations along with storing information pertaining to post-harvest storage processes. In addition to this, it also highlights the features such as-
- Excellent convenience for carrying and storing products
- Convenience of procurement
- Increasing output with the same workforce
- Reduced environmental impact
- Resilience and adaptability to business disruptions
- Enhanced performance and cost effectiveness
- Customer experience
- Employee experience
- Revenue and profit growth
- Business model innovation
Global Loop Handle Bags Market – Dynamics
Loop handle bags are used in industrial applications for bulk packaging of products. Loop handle provides a better grip for handling. The handles are attached to bags with adhesives or is stitched to the jute bags.
Loop handle bags are used in a variety of applications such as food & beverages, consumer goods, healthcare & pharmaceuticals, household & personal care, textile, and industrial applications. Textile and industrial applications are expected to be the key driver for the growth of the global loop handle bags market.
Furthermore, manufacturers of loop handle bags also manufacture customized design for loop handle bags. Loop handle bag manufacturers are focusing on developing eco-friendly bags due to increasing awareness against environmental pollution. The primary factor driving the growth of loop handle bags is shopping and brand promotion. These factors are expected to boost the growth of the loop handle bags market during the forecast period.
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Global Loop Handle Bags Market – Regional Outlook
Geographically, the global market for Loop Handle Bags has been divided into seven key regions as: North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Middle East & Africa and Japan. Among these regions, the Asia Pacific excluding Japan region is expected to dominate the global loop handle bags market in terms of value and volume both. Countries like China and India are supposed to be the dominating countries in the Asia Pacific excluding Japan loop handle bags market during the forecast period.
Global Loop Handle Bags Market – Key Players
Some of the key players operating in the global Loop Handle Bags market are following: Bring Back Bag, Sunder Products Company, Avon – Flex, Marklon, Tex In Private Limited, Essential Packaging Ltd., Dongguan Kinshun Packing Materials Co.,Ltd, Viva Plast Private Limited, International Plastics, American Plastic Mfg., Nantong Huasheng Plastic Products Co.,Ltd. Many local and unorganized players are expected to contribute in the global loop handle bags market during the forecast period.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
Global Loop Handle Bags Market – Segmentation
Globally, the loop handle bags market has been segmented into product type, material type, capacity and application.
On the basis of material type, loop handle bags market has been segmented into:
- Plastic
- Polyethylene
- Polypropylene
- Others
- Paper
- Jute
- Others
On the basis of capacity, loop handle bags market is segmented into:
- Up to 500 grams
- 500 to 1000 grams
- 1000 to 2000 grams
- 2000 grams to 5000 grams
- More than 5000 grams
On the basis of application, loop handle bags market has been segmented into:
- Food & Beverages
- Consumer Goods
- Healthcare & Pharmaceuticals
- Agriculture
- Home Care & Personal Care
- Other Industrial Applications
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