During the projected period, it is anticipated that eco-friendly cotton bags would surpass plastic bags in the retail industry. People are adopting cotton bags more frequently as a result of the expanding availability of decorative cotton bags. Compared to plastic bags, cotton bags have a higher printability and shelf appeal. Jute Bags Are Expected to Hamper the Growth of Cotton Bags Market
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The anticipated impact of the plastic bag ban on the demand for cotton bags The Wall Street Journal reports that only 1% of all plastic bags are recycled annually; the remainder are disposed of in landfills. Governments all over the world have enacted restrictions banning the use of plastic bags as a result of rising intolerance for them. This has in turn been a significant factor fueling the expansion of the cotton bag market globally. Washington, San Francisco, and other cities have outlawed plastic bags.
High tariffs on the use of plastic bags have been enacted in China, India, and Australia, which will provide significant prospects for the major players in the Asia Pacific cotton bag market. Kenya advocated for a national plastic bag ban in 2017, which had an immediate impact on the manufacturers and distributors of single-use plastic bags. The plastic bag ban has helped to clear the way for new cotton bag vendors to enter the market. It is anticipated that expanding innovations that have been supporting research into automatic bag producing machines would have a good effect on cotton bag production.
Jute Bags Are Expected to Hamper the Growth of Cotton Bags Market
End users are getting attracted towards jute bags as they are an economic and functional alternative to cotton bags. Jute bags provide moisture and chemical resistance properties and thus, provide a suitable solution for the packaging of food and chemical products. Biodegradable bag manufacturers are focusing on the manufacturing of jute bags owing to their low-cost production.
Jute bags are also lighter in weight and relatively more affordable and thus, end users are expected to adopt jute and hemp bags instead of cotton bags. That apart, the use of paper bags for retail purposes is gradually increasing as paper bags are recyclable, lighter and inexpensive. This factor is also anticipated to negatively impact the Cotton Bags market during the forecast period
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According to the UN Comtrade Database 2015, China, France, Italy and Hong Kong are the biggest global exporters of cotton bags. China leads the way in terms of export of cotton bags. North America and Europe are the two top export destinations for cotton bags, which can directly be attributed to high demand for cotton bags from supermarkets and food industry in the regions. Government subsidiaries in terms of taxes and resources will act as crucial drivers for the development of the cotton bags market in India and ASEAN
Global Cotton Bags Market: Segmentation
The global cotton bags market is segmented on the basis of end users, type of bags and capacity.
On the basis of capacity, the global cotton bags market has been segmented into:
- Up to 5 kg
- 5kg – 10 kg
- 10 kg – 15 kg
- 15 kg – 20 kg
- Above 20 kg
On the basis of end users, the global cotton bags market has been segmented into:
- Automotive
- Chemical
- Agriculture
- Oil and Gas
- Research and Development
- Others
On the basis of the type of cotton bags, the global cotton bags market has been segmented into:
- Calico (unbleached or unprocessed cotton) bags
- Beach cotton bags
- Tote cotton bags
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