The plastic bags & sacks market is expected to witness market growth at a rate of 3.2% in the forecast period of 2021 to 2028. Data Bridge Market Research report on plastic bags & sacks market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecast period while providing their impacts on the market’s growth. The growth of end user industries globally is escalating the growth of plastic bags & sacks market.
The plastic bags & sacks refer to the type of industrial packaging that is developed from two type of plastic materials consisting of biodegradable and non-biodegradable. The non-biodegradable plastics are generally the highly preferred material for the production of plastic bags & sacks as they help in reducing the overall cost and have abundant availability of the material.
The increase in demand for food and beverages, grocery, dairy products among consumers acts as one of the major factors driving the growth of plastic bags & sacks market. The increase in demand for the bags because of its barrier properties, easy to open and pack feature and efficiency, and rise in the traction of plastic bags & sacks in humid regions with the purpose of providing protection against rain, moisture and other liquid contents accelerate the market growth. The growth in their popularity of bags & sacks due to their recyclable and reusable nature and increasing adoption owning to their abrasion resistance further influence the market.
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The major players covered in the plastic bags & sacks market report are Mondi, ProAmpac, Inteplast Group, Dana Poly, Inc, Raj Packaging Industries Ltd, Rutan Poly Industries, Inc., New York Packaging & RediBagUSA, PitchBook, Amcor plc, AmeriGlobe L.L.C., BAG Corp., Bemis Company, Inc., Cascades inc., Greif, International Paper., BWAY Corporation, NEFAB GROUP, Orora Packaging Australia Pty Ltd, SCHÜTZ GmbH & Co. KGaA, Sigma Plastics Group, Smurfit Kappa, Sonoco Products Company, WestRock Company, Industrial Packaging, DuPont among other domestic and global players. Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
Scope of the Plastic Bags and Sacks Market Report:
The plastic bags & sacks market is segmented on the basis of material type, product type and application. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of material type, the plastic bags & sacks market is segmented into bio degradable and non-bio-degradable.
- On the basis of product type, the plastic bags & sacks market is segmented into t shirt bags, gusseted bags, lay flat bags, trash bags, rubble sacks, woven sacks and others.
- On the basis of application, the plastic bags & sacks market is segmented into retail & consumer applications, institutional services, and industrial applications.
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Plastic Bags and Sacks Market Regional Analysis/Insights
The Plastic Bags and Sacks market is analyzed and market size insights and trends are provided by country, material type, end user and application as referenced above.
The countries covered in the Plastic Bags and Sacks market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, Israel, Egypt, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
North America dominates the market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the high demand for fiber cement Plastic Bags and Sacks within the region. Asia-Pacific on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the prominent presence of fiber cement Plastic Bags and Sacks market players within the region. Moreover, the high requirement for the residential and commercial building construction also boosts the regional demand.
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