Plastic Bags & Sacks Market Set to Register healthy CAGR During 2020-2026
Non-biodegradable plastic bags & sacks are expected to be highly attractive in terms of incremental opportunity and market share by the end of 2026. For manufacturing of non-biodegradable plastic bags & sacks, polyethylene material is most preferred. In 2017, more than half of plastic bags & sacks were made up of LDPE and HDPE plastics. Polypropylene plastic bags & sacks segment is expected to register a CAGR of 3.6% during the forecast period.
For More Detailed Analysis, Request PDF Brochure@ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=9284
Europe region is estimated to be the largest geographic segment in the global non-biodegradable plastic bags & sacks market in 2018. In the European plastic bags & sacks market, LDPE & HDPE is expected to reach a cumulative market share of more than 60% during the forecast period. PS (Polystyrene) and other non-biodegradable plastic bags & sacks market segments are projected to witness sluggish growth during the forecast period. In Asia Pacific plastic bags & sacks market, HDPE is the highly preferred non-biodegradable plastic material for plastic bags & sacks. With the highest market share in Asia Pacific plastic bags & sacks market, HDPE material is also anticipated to create highest incremental opportunity as compared to other materials. Latin America and Middle East & Africa are expected to account for less than 15% of value share in the global plastic bags & sacks market in 2018.
Drivers and Restraints
In the present market scenario, the end-use plastic bags & sacks is not limited to the packaging of goods, but also for promoting the brand. Most of the leading supermarkets use plastic bags & sacks for promoting their brand. The use of plastic bags & sacks has increased among the retailers due high printability of plastic bags & sacks for providing detailed information about the product. As printed plastic bags & sacks are an effective marketing tool to promote brands, not only for the retailers, but also for the manufacturers of apparels, food & beverage, and other consumer products, have reflected an increased interest towards printed plastic bags & sacks. The plastic bags & sacks manufacturers offer customized printing options as per the demand of the consumer.
90 State Street, Suite 700
Albany, NY 12207
USA - Canada Toll Free: 866-552-3453
Transparency Market Research (TMR) is a market intelligence company, providing global business information reports and services. Our exclusive blend of quantitative forecasting and trends analysis provides forward-looking insight for thousands of decision makers. TMR has experienced team of analysts, researchers, and consultants, use proprietary data sources and various tools and techniques to gather, and analyze information. Our business offerings represent the latest and the most reliable information indispensable for businesses to sustain a competitive edge.
Each TMR syndicated research report covers a different sector - such as pharmaceuticals, chemicals, energy, food & beverages, semiconductors, med-devices, consumer goods and technology. These reports provide in-depth analysis and deep segmentation to possible micro levels. With wider scope and stratified research methodology, TMR has syndicated reports strive to provide clients to serve their overall research requirement.
This release was published on openPR.
Permanent link to this press release:
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 Plastic Bags & Sacks Market Set to Register healthy CAGR During 2020-2026 here
News-ID: 1911963 • Views: 138
More Releases from Transparency Market Research
Wearable EEG Devices Market: Growing incidences of Neurovascular Disorders is Dr …
According to new market research titled 'Wearable EEG Devices Market to 2027 - Global Analysis and Forecasts by Channel and Application.' The global wearable EEG devices market is expected to reach US$ 1,556.35 Mn in 2027 from US$ 745.05 Mn in 2018. The market is projected to grow with a CAGR of 8.7% from 2019-2027. The report provides trends prevailing in the global wearable EEG devices market and the factors
Decentralized Electricity Generation Market - Global Industry Analysis, Share, G …
Global Decentralized Electricity Generation Market: Overview With the increasing installation of smart grids and the rising number of electricity generation resources, the power generation industry has been undergoing a significant change over the recent past. The modification in the grid structure, which permits decentralization of electricity generation, is acting as the main driving force behind the substantial growth of the global market for decentralized electricity generation. The main objective of this research
Global Sucralose Market Outlook In The Developed And Emerging Industry
Sucralose Market Overview Sugar substitute market is witnessing an increasing demand driven by the increasing sales of various sugar substitutes such as natural sweeteners and artificial sweeteners. Sucralose, an artificial sweetener used as a sugar substitute is highly preferred by consumers owing to its zero calorie attribute. Though sucralose is 600 times sweeter than sugar but interestingly it is not identified as the carbohydrate by the human body. Sucralose has its
Flavored Syrup Market - Growth Powered with Latest Development Scenario & Influe …
Flavored Syrup Market Introduction Global syrup market is witnessing a significant demand generated by the food and beverage industry. Consumers' increasing preference for different and personalized flavors in food has driven the syrup manufacturers to produce a wide range of flavored syrups. Flavored syrups contain artificial or natural flavorings mixed along with sugar and water. Obtain Report Details @ https://www.transparencymarketresearch.com/flavored-syrup-market.html Increasing demand of flavored syrups especially among the consumers contributes to the
More Releases for HDPE
HDPE Pipe Market Report: Trends, Forecast and Competitive Analysis
According to a new market report published by Lucintel, the future of the global HDPE (High Density Poly Ethylene) pipe market looks promising with opportunities in potable water, wastewater, oil and gas, and irrigation sectors. The global HDPE pipe market is expected to reach an estimated $22.4 billion by 2024 and is forecast to grow at a CAGR of 3.8% from 2019 to 2024. The major growth drivers for this
HDPE Blow Molding and Injection Molding Containers Market 2026
Due to its intrinsic physical and mechanical properties, high density polyethylene (HDPE) is highly used as packaging materials in different industries including food, beverages, pharmaceuticals, cosmetics, homecare, chemicals, and petrochemicals. Urbanization, changing consumer preferences, and expanding middle class have significantly contributed to the rising demand for consumer goods. Increased demand for consumer goods has, in turn, revolutionized the packaging industry, especially plastic packaging. Polyethylene is most commonly used in the packaging
Global High-density Polyethylene (HDPE) Market -Surging Demand from Packaging In …
Scope of the Report: This report focuses on the High-density Polyethylene (HDPE) in global market, especially in North America, Europe, Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, types and applications. Surging Demand from Packaging Industry to Boost Global High Density Polyethylene Market .Plastic packaging needs a large volume of the high density polyethylene as it is a core plastic in rigid packaging. Nearly
HDPE Pipes Market Overview and Forecast Report 2017 to 2022
Global HDPE Pipes revenue, share, overview, industry chain structure, types, applications,demand and projections to 2022. For this report, the HDPE Pipes value is provided for 2016 in USD millions, an expected CAGR % as well as USD million worth of industry in 2022. Regionally, the globe is segmented into United States, China, Europe, Japan, Southeast Asia and India to study their market size and local analysis. End user applications of HDPE
Global HDPE Packaging Market: Key vendors - Amcor, Bemis, Berry Plastics
Latest industry research report on: Global HDPE Packaging Market : Industry Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth, Segmentation, Parameters, Forecasts HDPE packaging is used in industries such as food, beverage, pharmaceuticals, and consumer goods. Its properties of stiffness, moldability, and chemical resistance make it suitable for use in making various types of packaging including bottles, containers, cartons, bags, and others. Almost 70% of HDPE produced is used in packaging,
Research Focuses on Global HDPE Geomembrane
HDPE Geomembrane Report by Material, Application, and Geography – Global Forecast to 2021 is a professional and in-depth research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China). The report firstly introduced the HDPE Geomembrane basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures,