Polywoven Bags Market Headed for Growth and Global Expansion by 2024

Packaging has a significant role in the end delivery of product to the consumers by ensuring its safety while shipping and it also helps to extend the shelf life of the product. Polywoven Bag is one such packaging method which is largely adopted all over the world. These bags are usually woven of polyethylene or polypropylene threads and are strong, lightweight, easy to print, and breathable bags. They are ideal for packing, storing and transport dry bulk products such as sugar, grains, animal feeds, flour, maize, sand, solid chemicals, and cement. Polywoven Bags are available in various colors, sizes, and shapes; they can be customized as per the requirement of the client.

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The global poly woven bags market is segmented into its material type, product type, application, and geography. On the basis of material type, the market is divided into polyethylene and polypropylene. Based on product type, the market is segregated into non-linear poly woven bags and linear polywoven bags. On the basis of applications, the market is categorized into sand bags, sugar and salt packaging bags, cement bags, solid chemicals, seed bags, flour bags, and fertilizer bags. Based on geography, the market is diversified into North America, Asia-Pacific, Latin America, Europe, and the Middle East and Africa.

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Features of polywoven bags such as durability, re-usability, waterproof with a laminated film coating, light in weight, low in cost, and tear resistant will be the primary driving factors of the market. Other factors influencing the market growth include a rise in population, rapid urbanization, and increasing demand for agricultural produce. However, instability in prices of raw materials may cause hindrance to the market growth. Also, production rate might be affected as the manufacturing of polywoven bag is largely dependent on the agricultural produce of the corresponding region.

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The largest share in the polywoven bags market is held by Asia Pacific. In order to satisfy the needs of growing population, there has been an increase in agricultural production especially in developing economies of China and India. This is one of the primary reasons for the growth of the polywoven bags market in Asia Pacific. Following Asia Pacific in its growth is North America and Europe. The presence of polymer manufacturing companies has driven the market growth in these regions. Latin America is one of the largest exporters of the agricultural goods across the globe and hence the demand for polywoven bags will escalate in this region. Increasing infrastructural activities in the Middle East and African region will generate a high demand for polywoven bags during the forecast period.

Some of the major companies involved in the polywoven bags market include LC Packaging, H Polesy & Co. Pty. Ltd., Anita Plastics Inc., Mondi Group, AEP Industries Inc., Knack Polymers, Hanoi Plastic Bag JSC, Interplast Group, Bischof & Klein GmbH. & Co., Da Nang Plastic Joint Stock Company, Daman Polyfabs, and Inova Pvt. Ltd.

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