Demand for Heavy Duty Bags & Sacks Market to Surge in the Heavy Duty Bags & Sacks Market End-use Industry During the Forecast Period 2018 – 2028
Heavy duty bags and sacks come in a wide variety of materials, applications, dimensions and shapes. These can include polypropylene white sacks, black refuse sacks, polymer bags, heavy duty polythene bags, refuse sacks, heavy duty polythene bags, rubble sacks, and compactor sacks among others.
These products find extensive application in storing and transporting heavy farming, engineering, and construction materials. These bags and sacks are witnessing high rates of adoption owing to advantageous physical properties such as resistance to holes and stretching high durability, handling biological materials and heavy waste.
The affordability and low space requirements for heavy duty sacks and bags are key factors that are expected to have a substantial effect on the growth of the global market. Other major influencers that have the potential to affect market players can include factors such as:
- The high demand from the manufacturing sector is projected to generate a higher demand for heavy duty bags and sacks in the foreseeable future. The market will witness growth in the near future with the rise in gross domestic production rates. This rise is also supported by the sustained demand arising from the worldwide agriculture sector.
- Plastic is anticipated to continue dominating the global heavy duty bags and sacks market as a raw material of choice, particularly low density polyethylene. This also provides the benefit of recyclability, especially in the numerous countries that have set up bans and restrictions on the production and usage of single use plastic products.
- LDPE heavy duty bags and sacks also provide benefits such as chemical resistance, thermal coefficient, tensile strength, and minimal water absorption, at very low prices. These properties make them popular in packing conventional pesticide and fertilizer products.
- In addition to plastic, paper variants of heavy duty bags and sacks are also gaining popularity owing to high durability, low cost, and eco-friendly properties. In addition, regulations against plastic in numerous regions of the world is also expected to have a role in the growth of the paper bags and sacks sector.
Future Market Insights delivers vital insights on the heavy duty bags & sacks market in its published report, titled “Heavy Duty Bags & Sacks Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028”. In terms of revenue, the global heavy duty bags & sacks market is projected to expand at a CAGR of 4.0%during the forecast period, owing to numerous factors, about which FMI offers thorough insights and forecasts in this report.
Heavy duty bags & sacks are referred to as the bags & sacks which can uphold more weight than the regular bag types. Heavy duty bags & sacks are highly durable and can be used multiple times. Heavy duty bags & sacks offer several advantages over other bags in terms of low thickness and high strength. Heavy duty bags & sacks can handle a large volume of materials. Hence, these heavy duty bags & sacks are highly preferred in industrial applications including food, agriculture, and chemicals among others. Also, heavy duty bags & sacks are well shielded and impact resistant.
Heavy Duty Bags & Sacks Market: Dynamics Impacting Revenue Growth
In the report, FMI suggests that increasing construction activities and industrialization in emerging countries is expected to be the key driving force for the growth of heavy duty bags & sacks globally. 20 – 40 kg heavy duty bags & sacks are expected to be the most lucrative capacity type. The heavy duty bags & sacks lie under this capacity provides ease of storage & transportation. In terms of material used, plastic accounts for nearly 55.0% of the total material used for heavy duty bags & sacks market by market value. The FMI study analyses the heavy duty bags & sacks market in several regions, and focuses on the key dynamics affecting the heavy duty bags & sacks market, globally. The growing demand from end use industries such as building & construction, automotive, and food among others, the demand for heavy duty bags & sacks is expected to gain traction. These factors are expected to drive the growth of the global heavy duty bags & sacks market during the forecast period. In terms of end-use industries, chemical & fertilizers segment is expected to drive the demand for heavy duty bags & sacks. The regulatory bans by government across various countries over the use of plastic might hamper the growth of heavy duty bags & sacks.
APEJ is expected to outpace Western Europe as the leading region for the demand for heavy duty bags & sacks market by 2028. In APEJ region, countries like India and China are witnessing a rapid rise in industrialization. This factor is expected to create immense opportunities for the growth of the global heavy duty bags & sacks market in the region.
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The production of heavy duty bags & sacks might be hampered by more end users opting for FIBCs (flexible intermediate bulk containers). These FIBCs are gaining popularity over heavy duty bags & sacks due to their ability to uphold huge weight. Majority of organizations and end users have shifted their preferences to bulk bags from heavy duty bags & sacks. The growing use of FIBCs can be a threat to the growth of heavy duty bags & sacks.
Furthermore, heavy duty bags & sacks are highly customizable and can be manufactured as per customer requirements. The flexibility in production allows heavy duty bags & sacks to be one of the most sought-after packaging solutions in the chemical, agriculture, and construction sectors. Heavy duty bags & sacks made of plastic are waterproof and therefore offer high reliability when it comes to agricultural packaging. These factors are expected to drive the global heavy duty bags & sacks market during the forecast period.
Heavy Duty Bags & Sacks Market: Companies
The manufacturers operating in the global heavy duty bags & sacks market include Segezha Group LLC, Mondi Group, Nihon Matai Co., Ltd., Sonoco Products Company, Berry Global, Inc., Al-Tawfiq Company, Wooderson Packaging Ltd., ProAmpac LLC, MegaSack Corporation and LC Packaging International BV among other heavy duty bags & sacks manufacturers.
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