The woven bag market is poised for a transformative journey, extending its influence well into 2034 and beyond. With an estimated adoption value of US$ 6.5 billion in 2024, the market is projected to soar to a valuation surpassing US$ 9.9 billion by 2034, reflecting a moderate CAGR of 4.2%. The surge in woven bag …
Tag Archives: Woven Bags Market trends
Woven Bags Market Set to Surpass US$ 9.2 Billion by 2032, Fueled by Non-Toxic and Reusable Plastic Varieties
The global woven bags market continues its upward trajectory, having been valued at approximately US$ 5.8 Billion in 2021, with a year-over-year (Y-o-Y) growth of 3.2%. Projections indicate steady growth, with woven bags sales expected to increase at a CAGR of 4.3%, reaching a valuation of US$ 9.2 Billion by 2032. Woven bags currently hold …