The Zion Market Research research states that the global Polywoven Bag Market is expected to grow from its estimated valuation of USD 5.49 billion in 2023 to USD 8.77 billion by the end of 2032. Over the course of the projection period, the market is anticipated to rise at a CAGR of 4.80%. The global polywoven bags market is examined in this report along with its growth factors, growth constraints, and demand-influencing factors at the time of forecasting. It will also help in navigating and researching the opportunities that are opening up in the polywoven bag market.
Global Polywoven Bags Market: Overview
By protecting the product during shipment and extending its shelf life, packaging plays a crucial part in the final delivery of the product to the customer. One such packaging technique that is widely used worldwide is polywoven bags. These bags are robust, light, breathable, and easily printed using polyethylene or polypropylene threads.
To ensure product safety during export, finished products are packaged in polywoven bags. Products in bulk including grains, animal feed, flour, cement, and sand, are stored and packed in these bags. These bags come in a variety of colors and sizes, and they can be personalized to the customer's specifications. These have a strong resistance to cracking, are waterproof, reusable, long-lasting, non-toxic, and made of both plastic and cloth.
Global Polywoven Bags Market: Segmentation
There are four segments in the worldwide polywoven bag market: material type, product type, application, and geography.
The market is split into two segments based on the kind of material: polyethylene and polypropylene.
The market is divided into two segments based on the kind of product: non-linear polywoven bags and linear polywoven bags.
Ploywoven bags have a higher burst strength than plastic bags, which makes them very useful for storing cement as well as several types of cereals and pulses. It is anticipated that this will raise the need for polywoven bags.
The polywoven bags are used to store dry bulk items like grains, sugar, cement, sand, specific kinds of chemicals, etc. since they are waterproof and tear-resistant. This is anticipated to fuel additional growth in the polywoven bag industry.
Sand bags, cement bags, sugar and salt packing bags, solid chemicals, seed bags, flour bags, and fertilizer bags are the different segments of the market based on their respective applications.
The market is divided geographically into Latin America, North America, Asia-Pacific, Europe, the Middle East, and Africa.
Global Polywoven Bags Market: Growth Factors
The main reasons driving the market will be the characteristics of polywoven bags, such as their resilience to tearing, light weight, low cost, waterproofing with a laminated film coating, and durability. Increased demand for agricultural products, population growth, and fast urbanization are other factors driving market expansion.
Given that polywoven bags are reusable and help many businesses reduce costs, it is anticipated that sales of them will rise. The polywoven bags are used to store dry bulk items like grains, sugar, cement, sand, specific kinds of chemicals, etc. since they are waterproof and tear-resistant. This is anticipated to fuel additional growth in the polywoven bag industry.
Global Polywoven Bags Market: Regional Analysis
In terms of market share, Asia Pacific leads the polywoven bag industry. A rise in agricultural output has been observed to meet the demands of the expanding population, particularly in the developing economies of China and India. This is one of the main causes of the Asia-Pacific polywoven bag market's expansion. North America and Europe are growing at a faster rate than Asia Pacific.
Since Latin America is one of the world's top exporters of agricultural products, the need for polywoven bags is expected to rise there. Throughout the projected period, there will be a significant demand for polywoven bags due to the expansion of infrastructure projects in the Middle East and Africa.
Global Polywoven Bags Market: Competitive Players
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
- Inova Pvt. Ltd.
The Global Polywoven Bags Market segments are as follows:
By Material Type
- polyethylene
- polypropylene.
By Product Type
- non-linear polywoven bags
- linear polywoven bags.
By Applications
- sand bags
- sugar and salt packaging bags
- cement bags
- solid chemicals
- seed bags
- flour bags
- fertilizer bags.
Global Polywoven Bags Market: Regional Segment Analysis
- North America The U.S.
- Europe The UK France Germany
- The Asia Pacific China Japan India
- Latin America Brazil
- The Middle East and Africa
The primary drivers propelling the expansion of the worldwide poly woven bag market are its properties, which include resistance to tearing, waterproofing, lightweighting, acid resistance, and degreasing agents. But the market's expansion is hampered by changes in the cost of raw materials and the rate of production.
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