Heavy duty bags and sacks are extremely strong and versatile. Compared to other bags, heavy duty bags and sacks have a number of advantages due to their low thickness and strong strength.
Heavy-duty bags and sacks are capable of holding a lot of things. As a result, these strong bags and sacks are widely used in industries such as food, agriculture, and chemicals, among others. Additionally, heavy duty bags and sacks are impact resistant and well shielded.
Due to a variety of variables, including those about which FMI provides in-depth insights and projections in this research, the global market for heavy duty bags and sacks is anticipated to grow at a CAGR of 4.0% during the forecast period in terms of revenue.
Heavy Duty Bags & Sacks Market: Companies
The manufacturers operating in the global heavy duty bags & sacks market include
- Segezha Group LLC,
- Mondi Group,
- Nihon Matai Co., Ltd.,
- Sonoco Products Company,
- Berry Global, Inc.,
- Al-Tawfiq Company,
- Wooderson Packaging Ltd.,
- ProAmpac LLC,
- MegaSack Corporation and
- LC Packaging International BV
among other heavy duty bags & sacks manufacturers.
Heavy Duty Bags & Sacks Market: Dynamics Impacting Revenue Growth
In the report, FMI suggests that increasing construction activities and industrialization in emerging countries is expected to be the key driving force for the growth of heavy duty bags & sacks globally. 20 – 40 kg heavy duty bags & sacks are expected to be the most lucrative capacity type. The heavy duty bags & sacks lie under this capacity provides ease of storage & transportation. In terms of material used, plastic accounts for nearly 55.0% of the total material used for heavy duty bags & sacks market by market value.
The FMI study analyses the heavy duty bags & sacks market in several regions, and focuses on the key dynamics affecting the heavy duty bags & sacks market, globally. The growing demand from end use industries such as building & construction, automotive, and food among others, the demand for heavy duty bags & sacks is expected to gain traction.
These factors are expected to drive the growth of the global heavy duty bags & sacks market during the forecast period. In terms of end-use industries, chemical & fertilizers segment is expected to drive the demand for heavy duty bags & sacks. The regulatory bans by government across various countries over the use of plastic might hamper the growth of heavy duty bags & sacks.
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
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