Global Heavy-Duty Bags & Sacks Market
- 4100.00 Dollar US$
- Published date: July 13, 2021
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- Pune, Bagbera, Jharkhand, India
Global Heavy-Duty Bags & Sacks Market is expected to reach US$ XX Bn by 2026 from US$ XX Bn in 2019 at a CAGR of 4.5 % during the forecast period.
The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.
Heavy-Duty Bags & Sacks Definition:
Heavy-duty bags and sacks are used for storing the material and can hold more than 25 lb of material. The sacks are made using both monolayer and coextruded film. Coextruded films address specific issues like increasing the stiffness in open mouth bags, providing enhanced seal performance, consuming reclaim, and achieving required barrier and surface properties.
Global Heavy-Duty Bags & Sacks Market Dynamics:
The high growth of the industries including food and horticulture because of the increase in production and trade of horticulture products and chemicals has boosted the demand for Heavy-Duty Bags & Sacks. Additionally, the low cost of shale gas, which is used as a major feedstock for the manufacturing chemicals, is inducing players in the chemical and fertilizer sectors to enhance the production of chemicals, which also increases the demand for Heavy-Duty Bags & Sacks.
Moreover, the increased need to reduce the overall weight of bulk packaging and transporting materials will also drive the demand for Heavy-Duty Bags & Sacks in several other industrials sectors such as construction, and boost its market growth in the coming years. One of the major trends that will gain traction in the Global Heavy-Duty Bags & Sacks Market in the coming years is the usage of bio-based raw materials. The increased awareness towards the usage of synthetic plastics will induce manufacturers to develop eco-friendly plastics bags, which are easy to recycle.
Traditionally, woven plastic bags stand for toughness, impact, and tear resistance, and were used in the fertilizer, building, and food/pet food industry. The latest innovation by manufacturers makes it possible to apply a resin coating, to the woven fabric, rendering it sealable. This technology gives cost-effective form, fill and seal packaging lines in replacement of incumbent paper bags, polyethylene (PE) film bags, or even stitched bags.
The state-of-the-art woven bags can provide a high toughness packaging solution with a lower weight. Depending on the specific application, it has shown a weight reduction of up to 50% compared to incumbent solutions. It also allows for excellent printing and ease of recycling. All these factors are expected to drive the growth of the Global Heavy-Duty Bags & Sacks Market.
Merchandizers and consumers need their products to be marketable having good visual appeal, weather resistance, and extended shelf life. Hardware stores, which cater to do-it-yourself clientele, store building materials, and lawn and garden products outdoors. Outdoor storage allows merchandisers to sell higher-margin products using their more valuable indoor floor space.
It also allows them to reduce customer and employee exposure to health hazards. For this outdoor storage, the need for Heavy-Duty Bags & Sacks has increased. If products do not get sold during the first season, merchandisers want to sell them in the next season; so the storage of material in Heavy-Duty Bags & Sacks is done.
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