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Non-woven Bags - Market: Size, Share, Growth, Analysis, Key Players, Revenue, Growth | Valuates Reports
Non-woven Bags - Market SizeThe global market for Non-woven Bags was estimated to be worth US$ 3803.8 million in 2023 and is forecast to a readjusted size of US$ 6077.7 million by 2030 with a CAGR of 7.5% during the forecast period 2024-2030
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Non-woven Bags - Market
A custom non-woven bag is made from non-woven materials, a staple fibre. These fibres are usually bonded together with the use of chemical, mechanical, heat or solvent treatment. The non-woven bags are made without being woven or knitted. The process that the bag undergoes to be form, creates a fabric that is soft, durable, light, reusable and water resistant. The chemical processes that it goes through also makes it a reliable carrier bag as it can last for a duration of up to 5 years. Non-woven bags are eco-friendly and 100% recyclable to benefit our earth. These are environmentally-friendly, long-lasting and tear resistant. It is light weighted and portable to carry. Non-woven bags can be used as a gift bag, promotional bag and shopping bag. It is ideally used in super markets, Foodservice, trade shows and conference events.
Global key players of non-woven bags include Kaisen, Shuye Environmental Technology, Vicbag, Earthwise Bag, Netpak Ambalaj, etc. The top five players hold a share over 3%. China is the largest market, has a share about 34%, followed by North America, and Europe, with share 26% and 23%, separately.
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Segment by Type:
• PP
• PET
• Others
Segment by Application
• Retail
• Foodservice
• Others
By Company
Kaisen, Shuye Environmental Technology Co., Ltd., Vicbag Group, Earthwise Bag Company, Inc., Netpak Ambalaj, Shenzhen Xiongwei Textile Co., Ltd., Wenzhou Sheng'en Nonwovens Co., Ltd., Eco Bags, MIHA J.S.C, 1 Bag at a Time, Inc.
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