The heavy-duty bags and sacks market is projected to reach US$ 13.2 billion by 2022 and US$ 16.6 billion by 2028, at a CAGR of 3.6% from 2013 to 2021.
The term “bags and sacks” refers to heavy-duty bag kinds that support higher weight than standard bag types. Heavy-duty bags and sacks are robust and have a long lifespan. Compared to other bags, heavy duty bags and sacks have various advantages due to their low thickness and strong strength.
Large volumes of materials can be handled using sturdy bags and sacks. As a result, these bags and sacks are highly valued in industrial applications that include, among others, those related to food, agriculture, and chemicals. Also, the bags and sacks are impact-resistant and well-protected.
Request Sample @ https://www.futuremarketinsights.com/reports/sample/rep-gb-4466
A research by Future Market Insight named “High Duty Bag and Sack Market: Global Industry Analysis 2017-2021 and Opportunity Assessment 2022-2028” offers crucial insights into the Heavy Duty Bag and Sack market. The market for large bags and sacks is anticipated to expand financially at an average annual rate of 4.0% over the course of the projected period.
Heavy Duty Bags and Sacks Market: Dynamics Affecting Sales Growth
The report predicts that increased construction activity and industrialization in emerging countries will be a key driving force for the growth of large bags and sacks worldwide. 20-40 kg heavy duty bags & sacks are expected to be the most favorable capacity type. Bag & sack lying under this capacity provides ease of storage & transportation. In terms of materials used, plastic accounts for nearly 55.0% of the total materials used in the heavy duty bags and sacks market by market value.
Request Customization @ https://www.futuremarketinsights.com/customization-available/rep-gb-4466
The study analyzes the heavy duty bag and sack market in several regions and focuses on the key dynamics affecting the global heavy Duty bag and sack market. Increasing demand in end-use industries such as construction and construction, automotive and food, demand for heavy-duty bags and sacks is expected to gain traction. These factors are expected to drive the growth of the global heavy duty bags and sacks market during the forecast period. From the end-use industry perspective, the chemical and fertilizer segment is expected to drive the demand for heavy duty bags and sacks. Government regulatory bans in several countries on the use of plastic can hamper the growth of heavy-duty bags and sacks.
Monkeys are expected to surpass Western Europe as the main area of demand for the large bag and sack market by 2028. Countries like India and China in the Monkey region are witnessing a rapid rise in industrialization. This factor is expected to create tremendous opportunities for the growth of the global heavy duty bag and sack market in the region.
Request Discount @ https://www.futuremarketinsights.com/request-discount/rep-gb-4466
The production of heavy duty bags and sacks may be hindered by more end users choosing textiles(flexible medium bulk containers). This fiber has gained popularity through heavy duty bags and sacks due to its ability to hold huge weight. The majority of organizations and end users have shifted their preferences from bags & sacks to bulk bags. Increased use of fiber can pose a threat to the growth of heavy duty bags and sacks.
Besides, the bags & sacks are highly customizable and can be manufactured as per customer’s requirements. Flexibility in production allows bags & sacks to be one of the most sought-after packaging solutions in the chemical, agricultural and construction fields. Bags & sacks made of plastic are waterproof and therefore offer high reliability when it comes to agricultural packaging. These factors are expected to drive the global heavy duty bags and sacks market during the forecast period.
Heavy Duty Bags and Sacks Market: Company
Manufacturers operating in the global heavy duty bag and sack market include Segeza Group Co., Ltd., Mondi Group and Nihon Matai Co., Ltd.Ltd., Sonoko Products Company,Berry Global,Ltd., Al-Taufik Company, Wooderson Packaging Company. One of the manufacturers of bags and sacks.
Competitive Landscape
The key manufacturers operating in heavy duty bags & sacks market are trying to focus on increasing their production capacity to meet the increasing demand from food, agriculture and industrial sectors. Market players are actively focusing on sustainability and new product development to support the product penetration.
- Berry Global is working on producing more sustainable material for heavy duty bags & sacks in 2021. The manufacturing unit in the U.K. is working on using certified FDA post-consumer recycled polypropylene (rPP) for packaging.
- In June 2021, Sonoco Protective Solutions, a division of Sonoco announced launch of Sonopost® packaging technology in Europe.
Heavy Duty Bulk Bags & Sacks Market by Category
By Capacity, Heavy Duty Bags & Sacks Market is segmented as:
- Less than 20 kg
- 20-40 Kg
- Above 40 Kg
By Material Type, Heavy Duty Bags & Sacks Market is segmented as:
- Paper
- Plastic
- HDPE
- LDPE
- LLDPE
- PP
- Polystyrene
- Others
- Jute
By Product Type, Heavy Duty Bags & Sacks Market is segmented as:
- Open Mouth
- Pasted Valve
- Gusset Bags
- Rubble Sacks
- Woven Sacks
- Trash Sacks
By End Use, Heavy Duty Bags & Sacks Market is segmented as:
- Food
- Agriculture
- Chemical & Fertilizers
- Building & Construction
- Automotive
- Others
About Us:
Future Market Insights (ESOMAR certified market research organization and a member of Greater New York Chamber of Commerce) provides in-depth insights into governing factors elevating the demand in the market. It discloses opportunities that will favor the market growth in various segments on the basis of Source, Application, Sales Channel and End Use over the next 10-years
Contact Us:
Future Market Insights Inc.
Unit No: 1602-006
Jumeirah Bay 2
Plot No: JLT-PH2-X2A
Jumeirah Lakes Towers
Dubai
United Arab Emirates
For Sales Enquiries: sales@futuremarketinsights.com
Browse all Reports: https://www.futuremarketinsights.com/reports