openPR Logo
Press release

Industrial Paper Sacks Market to Witness Heightened Growth During the Period 2018 - 2028

02-04-2019 11:51 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Future Market Insights

Industrial Paper Sacks Market to Witness Heightened Growth

Environmentally sustainable industrial paper sacks are predicted to remain the most preferred, comprehensive, and state-of-the-art packaging solution for powered materials, as per a recent report by Future Market Insights (FMI), a multinational market intelligence firm. The global sales of industrial paper sacks is expected to generate approximately US$ 5.5 Billion, in 2019. Demand analysis indicates a moderate year-on-year growth rate of nearly 4.3 percent, during the same period. Superior functionality, sustainability and cost efficiency associated with industrial paper sacks, makes it a preferred packaging choice for numerous powdered goods such as flour, cement, and animal feed among others, thereby, increasing the sales revenue of industrial paper sacks.

Sustainability to Remain a Key Demand Driver

Industrial paper sacks demand is projected to remain promising considering improvement in four key areas, including reduction in electricity consumption, reduction in greenhouse emission, lesser fossil fuel consumption, and continuous improvements in carbon footprint. Packaging manufacturers are increasingly offering safe and effective solutions by incorporating highly sustainable materials in packaging. In addition, manufacturers are optimizing the raw materials and enhancing sack construction to further improve the products’ sustainability credentials. Stringent government regulations banning plastic sacks will remain a critical factor pushing the demand for industrial paper sacks, in the global market.

Hybrid Industrial Paper Sacks Manufacturing to Open Opportunities

Since conventional industrial paper sacks tends to be rain and moisture sensitive, it weakens the packaging, thereby, affecting the shelf-life of the product. Manufacturers are increasingly using High-density polyethylene (HDPE) for a protective outer coating of the industrial paper sacks—resulting in hybrid paper-plastic sacks. Apart from offering an impressive outdoor performance and easy recyclability, the newly developed hybrid industrials sacks is projected to remain the most preferred packaging solution for construction materials such as cement and gypsum as well as other moisture-sensitive materials. The bag is even suitable for filling up content at temperatures of 90°C. Hybrid variants are also likely to streamline supply chain management.

Request sample of Report with table of contents and Figures @  https://www.futuremarketinsights.com/reports/sample/rep-gb-8176

“Weight-carrying limitations and weather-sensitivity of industrial paper sacks are some pain points being addressed by manufacturers. Billerudkorsnas, a key manufacturer of industrial paper sacks, has added waterproof industrial paper sacks to its product portfolio, thereby eliminating product waste and ensuring fast and higher filling speed”, Senior Analyst, Future Market Insights.

Industrial Paper Sacks Sales Concentrated in Emerging Markets

Developing markets of Asia Pacific (more than 1/4th of the total market share) are expected to exhibit substantial demand for industrial paper sacks, given the expanding urban landscape and building & construction industry. As per FMI analysis, China is predicted to remain in the fore, with a notable growth in production and consumption of industrial paper sacks, over the past decade. India, on the other hand, will remain a key revenue contributor, given the recent economic boom in the region. In addition, high investments in the building & construction and agriculture industries are expected to create ample opportunities for manufacturers of industrial paper sacks, in the emerging markets.

Manufacturers Focus on Product Portfolio Expansion to Sustained Market Presence

In a highly fragmented landscape, tier-3 manufacturers of industrial paper sacks are projected to contribute approximately 70-80 percent revenue to the global market. However, tier-1 manufactures may prove dominance over the global industrial paper sacks market, in terms of their bargaining power, given their application-specific product offerings. On the other hand, given the high competitiveness amongst manufacturers, threat of substitutes in the form of flexible intermediate bulk containers and heavy duty bags, with superior high capacity and strength, remains exceptionally high. The global industrial paper sacks market is most likely to offer opportunities to new entrants, considering expanding application across a host of end-use sectors.

Ask a question to Analyst @ https://www.futuremarketinsights.com/ask-the-analyst/rep-gb-8176

“Manufacturers are focused on expanding their portfolios to cater to the growing demand from end users. In addition, there seems to be a key focus on design, to enable optimum consumer convenience, such as the temperature-controlled packaging. Industrial paper sacks manufacturers are also ramping up their production lines, designed to be compatible with sack filler machines”, Senior Analyst, FMI.

Key Insights from Segmental Analysis:

In terms of grade, unbleached industrial paper sacks is expected to maintain its dominance in terms of both, value and volume during the forecast period, with more than 70 percent market share.

Expanding at the most steady CAGR, less than 2-ply segment by thickness will remain the most preferred variant, versus 2 ply, 3 ply, and more than 3 ply categories. The less than 2 ply segment is expected to witness a peak y-o-y growth rate of 5.6 percent, during 2023-2025

Pinched bottom open mouth industrial paper sacks will witness maximum adoption given its applicability in packaging expensive or sensitive products.

For a more in-depth segmental analysis of the global industrial paper sacks market, write to the expert analysts of FMI at press@futuremarketinsights.com

Customize your report as per your requirement @ https://www.futuremarketinsights.com/customization-available/rep-gb-8176

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Industrial Paper Sacks Market to Witness Heightened Growth During the Period 2018 - 2028 here

News-ID: 1556610 • Views: 191

More Releases from Future Market Insights

How Changing Dynamics of Cable Testing Market are Reflecting on Growth Strategie …
Global Cable Testing Market: Introduction The cost of the substitution of cables that are concealed is very high. Faults in the cable, bending, kinking, and crushing, are not always visible, which has created the requirement for cable testing. Thus, cable testing helps check the cable functionality, cable quality, and cable conformity. Several times, cable testing by visual inspection is an effective way of identifying the actual problem before it causes any
How Transformative Trends in Self-Organising Network Market are Molding Strategi …
Self-Organising Network: Introduction With accelerated advancements and increasing complexities in the radio network technologies, such as those utilised for the development of LTE and 5G networks, which are used for planning, management, configuration, healing and optimisation, are required to be automated to facilitate efficiency. At present, suppliers are offering self-organising networks that possess the ability to offer optimum performance. Self-organising networks are use cases that perform network governance, including network planning,
Mining Vehicle AC Kits Market: Exploring the Impact of Trends on Strategies of K …
Mining Vehicle AC Kits Market: Introduction Cabin space in mining equipment has become more sophisticated in the recent past. The installation of mining vehicle AC kits has evolved from an optional feature to a necessary feature. Mining equipment manufacturers have made advancements in technology related to efficiency, performance and cost of air conditioning systems in order to make them affordable and economical to enable low-budget and compact installations without compromising on
Key Factors to Fuel Growth of the Talent Acquisition & Staffing Technology and S …
With the growing importance of recruiting and retaining top talent effectively and efficiently, smart hiring processes are the need of the hour. It is about time organisations move beyond merely scrutinising resumes. Salaries and benefits are important factors, but adopting ways that would make candidates an important part of the hiring process will attract the best talent. Studies reveal that due to discrepancies in existing Applicant Tracking Systems (ATS), hiring

All 5 Releases


More Releases for Industrial

Industrial Logistics Robots Industry
Industrial Logistics Robots Market 2018 report focuses on the major drivers and restraints for the global key players. It also provides analysis of the market share, segmentation, revenue forecasts and geographic regions of the market. The report spread across 139 pages with tables and figures in it. Sample Report Download HERE at https://www.researchreportsinc.com/sample-request?id=207718 For competitor segment, the report includes global key players of Industrial Logistics Robots as well as some small players.
Industrial Energy Storage System
The Global Industrial Energy Storage System Market Research Report 2017 renders deep perception of the key regional market status of the Industrial Energy Storage System Industry on a Global level that primarily aims the core regions which comprises of continents like Europe, North America, and Asia and the key countries such as United States, Germany, China and Japan. Request for sample of Industrial Energy Storage System Market research report @ https://www.qyresearchgroups.com/request-sample/497849 The
Industrial Lift Manufacturar - Technovision
Industrial Lift Manufacturar General: Technovision 'Industrial Lift' is widely used to move the material from one floor to another floor with great safety. It is a self-supported free standing structure. Product Range: Series 'Industrial Lift' is available with lifting capacity up to 2000kgs, carriage size 1500x1500mm and travel height 16.0Mtrs. Structure: Modular design with MS tubular structure with 'T' guide and vertical 'H' beams. Carriage is MS fabricated tubular structure with checkered platform. Carriage is
Global Industrial Vehicle Market
Global Industrial Vehicle Market: Key Trends and Drivers Battery operated vehicles are considered as the biggest drivers for the market today. They can be easily adopted in industries since they’re relatively more economical during operation with low maintenance cost, and work more efficiently. The global industrial vehicle market is characterized by innovative, automated and eco-friendly vehicle. Evolving requirements of material-handling vehicles globally trends the industrial vehicle market growth.
Global Industrial Laser Market
Industrial Laser Market: Overview In recent years the industrial laser market has been developing steadily. The industrial lasers are used in industry in a wide variety of applications. These applications can involve processing of materials and all other applications. The material processing includes cutting, welding, drilling, etc. these type of implementation generally requires high power lasers. The adoption of laser processing is increasing in industries as it can be easily automated
Industrial Valves Market
The report analyzes & forecast industrial valves market on a global and regional level. The study provides historic data of 2015 along with a forecast from 2016 to 2021 based on revenue and revenue is given in USD million. This report is thereby produced to give a comprehensive overview of the ongoing trends in the market. This study includes a review of market dynamics with focus on key market drivers,