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Navigating the Future: Dangerous Goods Bag Market Trends and Forecast Insights, 2025 Edition
Dangerous Goods Bag Market
Dangerous Goods Bag Market Size Growth Forecast: What to Expect by 2025?
The market for dangerous goods bags has witnessed considerable expansion in the past few years. It is set to increase from $2.56 billion in 2024 to $2.81 billion in 2025, exhibiting a compound annual growth rate (CAGR) of 9.9%. Factors contributing to this growth during the historical period include escalating global trade of dangerous substances, burgeoning regulatory compliance needs, heightened consciousness about environmental security, enhanced demand for secure transit, and a surge in occurrences of hazardous material leakages.
How Will the Dangerous Goods Bag Market Size Evolve and Grow by 2029?
Expectations are high for robust growth in the dangerous goods bag market size in the upcoming years, with projections putting it at $4.05 billion by 2029, with a compound annual growth rate (CAGR) of 9.6%. This increase during the forecast period can be ascribed to various factors such as the escalating demand for environmentally friendly packaging, increased use of recycled materials, growth in industrial manufacturing sectors, and mounting government initiatives towards sustainability. Other factors include a surge in demand for lightweight and durable packaging. The upcoming trends for the same period include advancements in sustainable material technology, progress in smart packaging solutions, an increase in investment for research and development, innovation in recycling processes and the adoption of digital tracking and monitoring technologies.
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What Drivers Are Propelling the Growth of Dangerous Goods Bag Market Forward?
The escalating movement of perilous substances is set to drive the advancement of the dangerous goods bag market. Perilous substances are materials that present a threat to health, safety, property, or the environment, due the characteristics of their chemical, physical or biological properties. The rise in transport of these hazardous materials links with the growing demand for chemicals, as expanded industry operations require safer transportation of more chemical products across various regions. Bags for dangerous goods facilitate the secure transportation of perilous substances by offering compliant and secure containment, thereby reducing the potential for leaks or contamination. These bags improve safety in logistics operations, offering protection for individuals, property, and the environment. For example, the Central Pollution Control Board, a statutory organization based in India, stated that the import of hazardous wastes in December 2024 escalated to 5,74,169 metric tonnes (MT) in 2022-23, which is an increase from 3,27,742 metric tonnes (MT) in 2021-22. Consequently, the escalating transportation of perilous substances fuels the advancement of the dangerous goods bag market.
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Which Emerging Trends Are Transforming the Dangerous Goods Bag Market in 2025?
Leading businesses in the dangerous goods bag market are prioritizing the creation of eco-friendly solutions like recycled containers in order to lessen their environmental footprint and adhere to tightened regulations. Recycled containers are those that are entirely or partially made from recovered, processed, and reused materials, thereby reducing waste and environmental impact by diminishing the demand for untouched raw materials. For example, in October 2023, U.S.-based plastic packaging manufacturer, Berry Global Group Inc., debuted their 20- and 25-liter optimum containers, containing 35% recycled high-density polyethylene (rHDPE). These containers are approved by the UN for transporting a variety of hazardous liquids and boast improved chemical resistance, while also conforming to forthcoming recycled content laws. These 20- and 25-liter optimum containers offer a sustainable solution for the safe packing and transport of dangerous goods, contributing to the achievement of circular economy objectives.
What Are the Key Segments in the Dangerous Goods Bag Market?
The dangerous goods bag market covered in this report is segmented -
1) By Product Type: Single-Use Bags, Reusable Bags
2) By Type Of Goods: Explosives, Flammable Liquids, Flammable Solids, Oxidizing Substances, Radioactive Materials, Toxic And Infectious Substances, Corrosive Substances, Miscellaneous Dangerous Goods
3) By Application Industry: Aerospace, Chemical Manufacturing, Pharmaceuticals, Logistics And Transportation, Construction, Automotive, Food And Beverage
4) By Distribution Channel: Online Stores, Specialty Stores, Supermarkets Or Hypermarkets, Other Distribution Channels
5) By End-User: Manufacturers, Distributors, Retailers, Government And Regulatory Agencies, Waste Management Companies
Subsegments:
1) By Single-Use Bags: Polyethylene (PE) Bags, Polypropylene (PP) Bags, Laminated Bags, Paper-Based Bags, Aluminum Foil Bags, Biodegradable Bags
2) By Reusable Bags: Flexible Intermediate Bulk Containers, Woven Polypropylene Bags, Nylon Bags, Polyvinyl Chloride (PVC)-Coated Fabric Bags, Canvas Bags, Composite Material Bags
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Who Are the Key Players Shaping the Dangerous Goods Bag Market's Competitive Landscape?
Major Companies operating in the dangerous goods bag market are Klingele Paper & Packaging Group, Nefab Group, Trident Safety Group, Berlin Packaging, K-Packing, Dangerous Goods International (DGI), Viking Packing Specialist, Gravis, Airpack Systems, Checker Bag Company, Bulk Corp International, Palmetto Industries, Global-Pak Inc., Air Sea Containers, RDA Bulk Packaging India Pvt. Ltd., DG Packaging Co. Ltd., FIBC-Silvassa, Midwestern Bag & Supply, Southern Packaging LP, Top Line Bags
What Geographic Markets Are Powering Growth in the Dangerous Goods Bag Market?
North America was the largest region in the dangerous goods bag market in 2024. The regions covered in the dangerous goods bag market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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