Global Woven Sacks Market, By Product (Open Mouth Sack, Pinch Bottom Sack, Gusseted Sacks, Valve Sacks, Others), Material (Polypropylene (PP), High Density Polyethylene (HDPE)), End users (Building and Construction, Agriculture, Chemical, Food) – Industry Trends and Forecast to 2029
Market Analysis and Size
Woven sacks market includes extensive demand analysis of various types of sacks such as open mouth sacks, pinch bottom sacks, gusseted sacks, valve sacks, and others manufactured of PP and HDPE materials. During the projected period, the worldwide woven sacks market is expected to grow by 1.7 times the present market value. Woven sacks are made from a variety of materials, including fabric, back seam adhesive, crip tape, and thread, in addition to HDPE and PP. Furthermore, firms in the worldwide woven sacks market are increasing their focus on jute-based products.
Data Bridge Market Research analyses that the woven sacks market was valued at USD 9.50 billion in 2021 and is expected to reach USD 14.58 billion by 2029, registering a CAGR of 5.5 % during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Market Definition
Woven sacks are made from a variety of materials, including fabric, back seam adhesive, crip tape, and thread, in addition to HDPE and PP. Furthermore, firms in the worldwide woven sacks market are increasing their focus on jute-based products. Manufacturers in the woven sacks market are enhancing the accessibility of customizable PP woven sacks. Consumers are choosing for sacks that are long-lasting and water-resistant. Excellence quality woven sacks are being made with an additional lining to guarantee high strength and low permeability.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2019 - 2014)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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By Product (Open Mouth Sack, Pinch Bottom Sack, Gusseted Sacks, Valve Sacks, Others), Material (Polypropylene (PP), High Density Polyethylene (HDPE)), End users (Building and Construction, Agriculture, Chemical, Food)
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Countries Covered
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U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa
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Market Players Covered
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Mondi (U.K), Muscat Polymers Pvt. Ltd (India), Al-Tawfiq Company (Saudi Arabia), United Bags, Inc (U.S), Berry Global, Inc. (U.S), Anduro Manufacturing (U.S), Uflex Limited (India), Palmetto Industries (U.S), Printpak Inc (U.S) and Emmbi, Inc (India)
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Market Opportunities
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Woven Sacks Market Dynamics
This section deals with understanding the market drivers, advantages, opportunities, restraints and challenges. All of this is discussed in detail as below:
Drivers
- Rise in demand due to growing population
Growing population in the rural sector, increasing ‘middle-class’ population across evolving economies, and rising number of farmers are anticipated to drive the growth of agricultural sector across the world.
- Increased product activities creates lucrative avenues in global market
Woven sacks are used in the construction industry to transport commodities such as sand, cement, lime, and gypsum. As a result, the rising number of building and construction activities is likely to raise demand for weaved bags in the coming years.
Opportunities
- Technology advancement
Technology has aided in streamlining and raising the efficiency of the recycling process. Recyclers acquire different types of plastics, which can be inefficient and costly to sort by hand. As a result, recyclers are moving to high-tech solutions such as infrared (IR) lasers. Air bursts puff various plastics into separate streams for recycling when IR rays shine on them and detect their different content.
Restraints/ Challenges
Woven sacks easy tear and wear-out properties will hinder the woven sacks market growth rate. The negative impact of COVID-19 outbreak on supply chain and high cost of raw materials will act as market restraint and further challenge the market growth rate. Non-availability of handle support in paper bags and inability to carry heavy goods are the major market restrains that will obstruct the market's growth rate.
This woven sacks market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the woven sacks market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Woven Sacks Market
The COVID-19 pandemic has had adverse impact on the large number of industries in the market. The industries faced losses as a result of limits on building & construction sector and lockdowns imposed around the globe. Manufacturing output was reduced as a result of reduced production capacity and raw material delivery delays. The pandemic also had a substantial influence on the demand for woven sacks. Furthermore, with ongoing relaxation of transportation limitations and the subsequent lifting of lockdowns, the market is likely to develop significantly in the coming years. The woven sacks market is predicted to rebound relatively faster due to rising demand.
Global Woven Sacks Market Scope
The woven sacks market is segmented on the basis of products, materials and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Products
- Open Mouth Sack
- Pinch Bottom Sack
- Gusseted Sacks
- Valve Sacks
- Others
On the basis of product, the global woven sacks market is segmented into open mouth sack, pinch bottom sack, gusseted sacks, valve sacks and others.
Materials
- Polypropylene (PP)
- High Density Polyethylene (HDPE)
On the basis of usage, the global woven sacks market is segmented into polypropylene (PP), high density polyethylene (HDPE).
End-User
- Building & Construction
- Agriculture
- Chemicals
- Foods and beverages
On the basis of end-user, the global woven sacks market is segmented into food and beverages, agriculture, building & construction, chemicals and others.
Woven Sacks Market Regional Analysis/Insights
The woven sacks market is analysed and market size insights and trends are provided by country, products, materials and end-user as referenced above.
The countries covered in the woven sacks market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.
Asia-Pacific dominates the woven sacks market in terms of market share and revenue and will continue to show its dominance during the forecast period of 2022 to 2029. This is due to the rising demand for woven sacks in this region. The Asia-Pacific region dominates the woven sacks market, with India and China leading the way in terms of production and consumption of re-usable woven sacks. Due of the ease of producing re-usable woven sacks, India and china is leading the Asia-Pacific market.
During the projected period, North America is expected to be the fastest growing region due to the rising demand of eco-friendly woven sacks in retail sector in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Woven Sacks Market Share Analysis
The woven sacks market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the company’s focus related to woven sacks market.
Some of the major players operating in the woven sacks market are:
- Mondi (U.K)
- Muscat Polymers Pvt. Ltd (India)
- Al-Tawfiq Company (Saudi Arabia)
- United Bags, Inc (U.S)
- Berry Global, Inc. (U.S)
- Anduro Manufacturing (U.S)
- Uflex Ltd (India)
- Palmetto Industries (U.S)
- Printpak Inc (U.S)
- Emmbi inc. (India)
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