Press release
Global Woven Bags Market to Surpass US$ 9.2 Bn as Demand for PP Woven Bags in Building & Construction Rises
Woven Bags Market is anticipated to grow significantly in the forecast period owing to the rising demand for Woven Bags from various end-use industries. Woven Bags are made from a variety of materials such as cloth, threads, crip tape, and back seam adhesive. Woven Bags have gained popularity due to their inertness to moisture, chemicals, and extraordinary resistance.Woven Bags are nontoxic and lower in weight than conventional bags. Plastic polypropylene (PP) woven bags laminated with LDPE/PP lining also have a broader range of uses. However, as compared to the usage of fresh materials, recycled components in PP woven bags are linked with inferior mechanical and physical qualities.
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Woven Bags Market is segmented based on types, material type, applications, and regions. Woven Bags Market is anticipated to grow at a significant CAGR in the upcoming period as the scope and its applications are rising enormously across the globe. Woven Bags Industry could be explored by type as Grocery Bag, HDPE Woven Sack/Bag, LAMINATED WOVEN SACK/BAG, Mono Woven sacks/bags.
As a result, in order to generate high-quality recycled materials for woven bags, manufacturers should consider the physical and chemical modification index while adjusting the blending ratio of recycled materials. Manufacturers of jute woven bags are broadening their manufacturing beyond PP and HDPE.
Key Takeaways from Global Woven Bags Market
Sales of plastic woven bags segment is expected to increase 1.6x of the current market sales, by the end of 2032.
The consumption of block bottom woven bags is estimated to capture a market share of 44% in 2022, and estimated to outpace other segments during the assessment period.
As per end use industry, building and construction is the leading segment representing prominent demand for woven bags
Food and agriculture industries are expected to create significant revenue generating opportunities for the key players.
South Asia and East Asia are estimated as a prominent market for woven bags.
"Eco-friendly woven bags using jute material in packaging are expected to gain traction in the next decade due to the consumer preference for recyclable and biodegradable woven bags" - comments FMI analyst
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Global Woven Bags Market Scenario
Distributors in the U.S. are primarily reliant on Asia Pacific countries such as India and China for the supply of woven sacks and bulk bags. To obtain an advantage over other providers, stakeholders in the woven sacks industry are becoming more competitive in their price.
Manufacturers are increasing their capacity to produce polypropylene (PP) woven bags, which are widely used in farming, agriculture, and construction. Sapphire Packaging Co., Ltd., a global manufacturer of bags located in Vietnam, is extending its PP woven sacks, non-woven shopping bags, and RPET (recycled polyethylene terephthalate) shopping bags line.
Following nylon, polypropylene is being promoted as a good resin species. PP recycled materials in woven bags, on the other hand, are unstable and contain contaminants. The quality of recycled materials has been discovered to be low, with average tensile strength and hardness. As a result, woven bag manufacturers are beefing up their R&D skills in order to better recycled materials in PP woven bags.
Global Woven Bags Market Landscape
Mondi Group
Muscat Polymers Pvt. Ltd
Al-Tawfiq Company
Anduro Manufacturing
Uflex Ltd
Berry Globol Group
United Bags, Inc
Palmetto Industries
Emmbi industries
Mansarovar Agro Sacks Private Limited
Bang Polypack, Commercial Syn Bags Limited
ProAmpac, Palmetto Industries
PrintPack
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Global Woven Bags Market by Category
By Product Type:
Pinch Bottom Bags
Open Mouth Bags
Valve Bags
Gusseted Bags
Block Bottom Bags
Others (Perforated Bags, etc.)
By Material:
Plastic
Polypropylene (PP)
Polyethylene (PE)
Jute
By End Use:
Agriculture
Food
Building & Construction
Chemicals
Retail
Others (Tourism & Transport, etc)
By Region:
North America
Latin America
Europe
South Asia
East Asia
Middle East & Africa
Oceania
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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.
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