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Heavy Duty Bags & Sacks Market: Innovative Trends Implemented by Manufacturers Steering Growth until 2028
The global heavy duty bags & sacks market is estimated to register a 4% value CAGR over the assessment period of 2018-2028.
Heavy duty bags & sacks have been gaining high demand in the past few years for their ability to sustain more weight compared to conventional bags. The global heavy duty bags & sacks market is estimated to register a 4% value CAGR over the assessment period of 2018-2028.
Steady growth of the global heavy duty bags & sacks can be attributed to the advantages of these bags including low thickness, high strength, excellent durability as well as reusability. With an ability to uphold greater volume of materials, preference for heavy duty bags & sacks is increasing across a number of end-use industries such as agriculture, chemicals & fertilizers, food & beverages, and others. These key factors are expected to be highly impactful on the expansion of heavy duty bags & sacks market.
Moreover, these bags are highly customizable and can be manufactured according to consumer requirements. Such flexibility increases the demand for heavy duty bags & sacks as the most effective packaging solution in several industrial sectors.
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Plastic to Remain Dominant Material in the Global Heavy Duty Bags & Sacks Market
Based on material type, plastic is expected to maintain its superiority in the global heavy bags & sacks market, accounting for around 55% of value share, over the period between 2018 and 2028.
Plastic-based heavy duty bags & sacks are not only waterproof but also highly reliable for agricultural packaging, which in turn is predicted to act as catalysts to accelerate the growth of global heavy duty bags & sacks market.
However, stringent regulations against the use of plastic by government organizations in several countries may create hindrance in the demand for plastic as a material of choice in heavy duty bags & sacks market.
On the basis of capacity type, 20-40 kg heavy duty bags & sacks are projected to witness the maximum demand over the forecast period, backed by their ease of storage and transportation. With growing demand for bags under this capacity in automotive, construction, and other industries, the global heavy duty bags & sacks market is expected to gain high traction in the coming years.
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Rising Demand for Paper-based Heavy Duty Bags & Sacks amid Stringent Regulations against Plastic Use
Apart from plastic, paper is highly sought out material for manufacturing heavy duty bags & sacks. Paper-based heavy duty bags & sacks are preferred among various consumers for their high durability, low cost, degradability, and environment-friendliness. Increasing stringent government regulations worldwide against the use of plastic-based products is likely to push the demand for paper bags, influencing growth in the global heavy duty bags & sacks market. However, low compatibility of paper-based bags with changes in the environmental conditions may remain a challenge for using this material in the production of heavy duty bags & sacks.
Jute was also deemed to be one of the most potential materials for heavy duty bags & sacks. However, various demerits of jute along with many advances in other materials may confine the significance of jute in the growth of heavy duty bags & sacks market.
Usage of Recycled Material to Generate Opportunities for Key Players in Heavy Duty Bags & Sacks Market
With several countries imposing ban on the use of plastic-based products, a focus on increasing the use of recycled materials remain a key growth strategies of manufacturers of heavy duty bags & sacks.
Some of leading players participating in the global heavy duty bags & sacks market are Mondi Group, Novolex, Nihon Matai Co., Ltd, Seevent Plastics Ltd., Wooderson Packaging Ltd, Segezha Group LLC, LC Packaging International B.V., Berry Global, Inc., MegaSack Corporation, Global-Pak Inc., Al-Tawfiq Company, Muscat Polymers Pvt. Ltd, ProAmpac LLC, Sonoco Products Company, Amcor, Bemis Company, Inc., TMR Woven Bags and Sacks, and Wenzhou SMOO Bags.
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