Press release
Plastic Packaging Sacks Market Growing at a CAGR of 2.61% to 2021
For overview analysis, the report introduces Plastic Packaging Sacks Market basic information including definition, classification, application, industry chain structure, industry overview, policy analysis, and news analysis, etc.About Plastic Packaging Sacks market
Research Analysts recognizes the following companies as the key players in the global Plastic Packaging Sacks market: Global-Pak, Hood Packaging, LC Packaging, Mondi, and Sonoco.
Other Prominent Vendors in the market are: Bemis, El Dorado Packaging, Knack Packaging, KLENE PAKS, Lincoln Packaging, Midaz International, TMR Woven Bags and Sacks, and Wenzhou SMOO Bags.
Analysts forecast the global plastic packaging sacks market to grow at a CAGR of 2.61% during the period 2017-2021.
Request a sample copy of Plastic Packaging Sacks Market Research Report @ https://marketsizeforecasters.com/get-sample/18194
Commenting on the report, an analyst from Technavio’s team said: “HDPE/PP sacks are primarily used by the chemical and fertilizer sector as they do not react with the contents packed in them. The products of this sector are highly reactive in nature and tend to cause leakage or damage when packaged in paper or jute sacks. Plastic packaging sacks are resistant to decay, moisture, corrosion, and infestation that makes it suitable for packaging fertilizers and chemicals.”
The listed pricing for this Plastic Packaging Sacks Market report starts at $ 3500.
Request Discount for Plastic Packaging Sacks Market Research Report @ https://marketsizeforecasters.com/enquire-for-discount/18194
According to the report, plastic packaging sacks are used in many sectors that include construction, chemical and fertilizer, horticulture, and food. Significant growth in sectors like the food and horticulture has led to a considerable increase in demand for plastic packaging sacks. The pressing need to reduce the overall weight of the bulk packaging while transporting materials is a major factor driving the demand for packaging sacks in the construction as well as chemical and fertilizer sectors. Plastic woven sacks are lightweight; they reduce the overall weight of the cargo, keeping the tensile strength and other mechanical properties intact.
Further, the report states that one of the main challenges for the global plastic packaging sacks market is the stringent packaging regulations implemented by regulatory authorities. The major products that require bulk packaging are either consumables or products that are hazardous to the environment. Therefore, it is important that packaging sacks are safe and effective. For instance, Europe has regulated single-use plastic bags in 2015 and instructed to reduce its use by 90% before 2019; the use of these plastic bags will be cut down further by 40% before 2025. This will impact the global plastic packaging sacks market indirectly, leaving the manufacturers to explore alternative solutions.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to a SWOT analysis of the key vendors.
Browse full table of contents and data tables For Plastic Packaging Sacks Market Report of 70 pages https://marketsizeforecasters.com/global-plastic-packaging-sacks-market
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