Woven Sacks Market: Overview
Woven sacks are manufactured with polyethylene or polypropylene materials and can be laminated or unlamented. These sacks are among the most versatile packaging solutions widely used in the packaging of fertilizers, building materials, food grains, chemicals, cattle feedstock and grocery products, among others. Woven sacks exhibit high strength and low seepage and are lightweight, moisture proof and durable. They are an economical solution as compared to their counterparts such as big bags & sacks, containers and other such products. The factor that makes woven sacks favorable among end users is recyclability. They can be used multiple times without any wear and tear. Woven sacks find application in the retail sector, owing to the growth of supermarkets, hypermarkets and convenience stores, where bulk products are in use and require easy storage and transportation. Overall, the outlook for the woven sacks market is expected to be positive during the next decade.
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Woven Sacks Market: Dynamics
The woven sacks market is expected to witness huge demand from agriculture and building & construction industries. The preferred materials for the manufacturing of woven sacks are polypropylene and polyethylene; however, due to the non-toxic characteristics of polypropylene, it is the preferred choice among the two. Woven sacks are used in various industries including agriculture, horticulture, construction and other sectors as these sacks are quicker to pack and deliver. These factors are expected to drive the global woven sacks market during the forecast period.
Laminated woven sacks consist of piles of fabrics that have polypropylene or polyethylene strips. Here woven sacks are laminated by a ply of plastic film or paper, which provides superior printability to the sacks. This factor is expected to drive the growth of the global woven sacks market during the next decade. Woven sacks are non-toxic and can be reused, and are available in a wide range of capacities, owing to the demand from various end-use industries. Also, woven sacks comply with rising regulations and standards against the use of single-use plastic bags & sacks. These factors are expected to fuel the demand for woven sacks during the forecast period.
Woven Sacks Market: Segmentation
Globally, the woven sacks market has been segmented on the basis of material type, product type, sack type, capacity, end use and region:
On the basis of material type, the global woven sacks market has been segmented as:
On the basis of product type, the global woven sacks market has been segmented as:
- Open Mouth Sack
- Pinch Bottom Sack
- Gusseted Sacks
- Valve Sacks
On the basis of sack type, the global woven sacks market has been segmented as:
- BOPP (Biaxially Oriented Polypropylene)
On the basis of capacity, the global woven sacks market has been segmented as:
- Less than 20 kg
- 20 – 40 kg
- 40 kg & above
On the basis of end use, the global woven sacks market has been segmented as:
- Food & Beverages
- Building & Construction
- Chemicals & Fertilizers
On the basis of region, the global woven sacks market has been segmented as:
- North America
- Latin America
- Western Europe
- Eastern Europe
- Asia Pacific excluding Japan
- Middle East & Africa
The APEJ region, dominated by China & India, is expected to witness a surge in demand, due to rising industrialization, coupled with the well-established agricultural industry, in the region. North America, led by the U.S., is likely to witness average growth during the forecast period. Western Europe is expected to foresee moderate growth due to the stiff regulations imposed by governments on the use of plastic bags & sacks. For instance, France imposed a complete ban on the use of polyethylene. Similar steps have been taken by other countries of the region as well. Latin America, especially Mexico and Brazil, is expected to witness high growth in the woven sacks market during the forecast period. MEA is expected to witness high growth in the woven sacks market, owing to the growing infrastructure sector in the region.
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Woven Sacks Market: Market Participants
Examples of some of the market participants operating in the global woven sacks market are:
- Berry Global Inc.
- Muscat Polymers Pvt. Ltd.
- Al-Tawfiq Company
- Uflex Ltd.
- Emmbi Industries Limited
- United Bags Inc.
- Knack Packaging Private Limited
- Da Nang Plastic Joint Stock Company
- Hanoi Plastic Bag JSC
- Daman Polyfabs
This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers’ or customers’ journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.
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