Industrial Bags and Sacks Market Look a Witness of Excellent Long-Term Growth – Worldwide Survey by 2030
Industrial Bags and Sacks Market research report by Delvens focuses on primary sections such as – market segments, market outlook, competitive landscape, and company profiles. The segments provide details in terms of various perspectives such as end-use industry, product or service type, and any other relevant segmentation as per the market’s current scenario which includes various aspects to perform further marketing activity, the global Industrial Bags and Sacks Market is expected to witness market growth at a rate of 3.2% in the forecast period to 2030.
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The increase in demand for food and beverages, grocery, dairy products among consumers is the factor that has supported long-term expansion for Industrial Bags and Sacks Market.
Regional Analysis
Europe dominates the industrial bags & sacks market due to the high demand for the LDPE & HDPE within the region.
Recent Developments
Mondi Paper Bags, part of Mondi Group, has acquired two paper bag lines from Helwan Cement Company and InterCement Sacs, two major cement producers in Egypt. The acquired production lines will increase Mondi's capacity by approximately 60-80 million bags annually and strengthen Mondi's position in the Middle Eastern bag market, particularly in supporting suppliers to the construction industry.
Mondi, a leading global packaging and paper group, is committed to playing its part in the supply of essential products during the COVID-19 outbreak and has recently developed packaging for QIAGEN's SARS-CoV-2 coronavirus test kit.
Key Players of Industrial Bags and Sacks Market
· Mondi
· ProAmpac
· Inteplast Group
· Dana Poly, Inc
· Raj Packaging Industries Ltd
· Rutan Poly Industries, Inc.
· New York Packaging & RediBagUSA
· Smurfit Kappa
· Sonoco Products Company
· WestRock Company
· Industrial Packaging
· DuPont. And More
Industrial Bags and Sacks Market is segmented into product type, layer, application and region.
On the basis of Product Type
· Paper based
· Plastic bags
On the basis of Layer
· 2-ply
· 3-ply
· others
On the basis of Application
· Food & grains
· Agriculture
· Building & Counstruction
· Others
On the basis of Region
· Asia Pacific
· North America
· Europe
· South America
· Middle East & Africa
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In addition to the market data for Industrial Bags and Sacks Market, Delvens offers client-centric report and customized according to the company’s specific demand and requirement.
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