Heavy Duty Bags and Sacks Market to Grow 4% CAGR by 2028

 

Future Market Insights, Valley Forge, N.Y., USA, delivers vital insights on the heavy duty bags and sacks market in its published report titled Heavy Duty Bags & Sacks Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028. In terms of revenue, the global heavy duty bags and sacks market is projected to expand at a CAGR of 4.0% during the forecast period, due to numerous factors, about which FMI offers thorough insights and forecasts in this report.

Heavy duty bags and sacks are referred to as the bags and sacks which can uphold more weight than the regular bag types. Heavy duty bags and sacks are highly durable and can be used multiple times. Heavy duty bags and sacks offer several advantages over other bags in terms of low thickness and high strength. Heavy duty bags and sacks can handle a large volume of materials. Hence, these heavy duty bags and sacks are highly preferred in industrial applications including food, agriculture, and chemicals among others. Also, heavy duty bags and sacks are well shielded and impact resistant.

In the report, FMI suggests that increasing construction activities and industrialization in emerging countries is expected to be the key driving force for the growth of heavy duty bags and sacks globally. The 20 - 40 kg heavy duty bags and sacks are expected to be the most lucrative capacity type. The heavy duty bags and sacks that lie under this capacity provide ease of storage and transportation. 

In terms of material used, plastic accounts for nearly 55.0% of the total material used for heavy duty bags and sacks market by market value. The FMI study analyzes the heavy duty bags and sacks market in several regions, and focuses on the key dynamics affecting the heavy duty bags and sacks market, globally. In the growing demand areas from end use industries such as building and construction, automotive, and food, among others, the demand for heavy duty bags and sacks is expected to gain traction. These factors are expected to drive the growth of the global heavy duty bags and sacks market during the forecast period. In terms of end-use industries, the chemical and fertilizers segment is expected to drive the demand for heavy duty bags and sacks. The regulatory bans by government across various countries on the use of plastic might hamper the growth of heavy duty bags and sacks.

 

APEJ is expected to outpace Western Europe as the leading region for the demand for heavy duty bags and sacks by 2028. In the APEJ region, countries such as India and China are witnessing a rapid rise in industrialization. This factor is expected to create immense opportunities for the growth of the global heavy duty bags and sacks market in the region.

The production of heavy duty bags and sacks might be hampered by more end users opting for FIBCs (flexible intermediate bulk containers). These FIBCs are gaining popularity over heavy duty bags and sacks due to their ability to uphold huge weight. The majority of organizations and end users have shifted their preferences to bulk bags from heavy duty bags and sacks. The growing use of FIBCs can be a threat to the growth of heavy duty bags and sacks.

Furthermore, heavy duty bags and sacks are highly customizable and can be manufactured as per customer requirements. The flexibility in production allows heavy duty bags and sacks to be one of the most sought-after packaging solutions in the chemical, agriculture, and construction sectors. Heavy duty bags and sacks made of plastic are waterproof and therefore offer high reliability when it comes to agricultural packaging. These factors are expected to drive the global heavy duty bags and sacks market during the forecast period.

 

Manufacturers operating in the global heavy duty bags and sacks market include Segezha Group, Mondi Group, Nihon Matai Co., Sonoco Products Co., Berry Global Inc., Al-Tawfiq Co., Wooderson Packaging Ltd., ProAmpac LLC, MegaSack Corp., and LC Packaging International BV, among other heavy duty bags and sacks manufacturers.