The heavy-duty bags and sacks market is witnessing steady growth and is expected to reach a value of US$16.6 billion by 2028, with a projected compound annual growth rate (CAGR) of 3.6% from 2021 to 2028. In 2022, the market was estimated to be worth US$13 billion. The food and agricultural sectors are expected to account for nearly 40% of the market share in 2022. Heavy-duty bags and sacks with a capacity ranging from 20 to 40 kg are projected to reach a market value of US$8.0 billion by 2028, with a CAGR of 4.5% during the forecast period.
According to Future Market Insights (FMI), the heavy-duty bags and sacks market in the Asia Pacific region (APEJ) is expected to witness 1.4 times growth from 2022 to 2028. China plays a crucial role in driving the success of the Asia Pacific market and is projected to create incremental opportunities worth approximately US$1 billion by 2028.
In Western Europe, Germany and Italy are anticipated to hold a combined market share of 40% in 2022, with the total market projected to reach US$4.0 billion. The region is considered an “innovation initiator” for the heavy-duty bags and sacks market due to its technologically advanced manufacturing units and recycling programs.
The customization of bags with features such as UV protection, product visibility, color customization, and chemical and tear resistance is shaping the growth of the heavy-duty bags and sacks market. Additionally, strict government regulations against the use of plastic bags have influenced market dynamics.
In May 2022, Berry Global Group became the first plastic packaging manufacturing company to achieve RecyClass Recycled Content Certification for its refuse sacks, showcasing its commitment to sustainability.
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Key Takeaways:
- The global heavy-duty bags and sacks market is projected to reach US$ 16.6 billion by 2028, with a CAGR of 3.6% from 2021 to 2028.
- The food and agricultural sectors are expected to capture nearly 40% of the market share in 2022.
- Heavy-duty bags and sacks with a capacity of 20 to 40 kg are projected to reach a market value of US$ 8.0 billion by 2028, with a CAGR of 4.5%.
- The Asia Pacific region is expected to witness significant growth, led by China, which will create incremental opportunities worth approximately US$ 1 billion by 2028.
- Germany and Italy together are anticipated to hold a cumulative market share of 40% in Western Europe.
- Customization of bags with various features is driving market growth.
- Berry Global Group achieved RecyClass Recycled Content Certification for its refuse sacks, highlighting its commitment to sustainability.
- The market is expected to experience a decline of 10 basis share points (BPS) in H1-2022 compared to H1-2021, but a rise of 30 BPS is projected for H1-2022 based on future outlook.
- Growing demand from industries such as chemicals, fertilizers, and building and construction is fueling the market growth.
- Increasing international trade is driving the demand for heavy-duty shipping bags and sacks, creating new product development opportunities
Market Benefits
- The study provides an in-depth analysis of the global heavy duty bags & sacks market along with the current trends and future estimations to elucidate the imminent investment pockets.
- The key market players along with their strategies are thoroughly analyzed to understand the competitive outlook of the industry.
- An extensive analysis of the market based on application assists in understanding the trends in the industry.
- The report presents a quantitative analysis of the market from 2022 to 2028 to enable stakeholders to capitalize on the prevailing market opportunities.
Heavy Duty Bags & Sacks Market: Companies
The manufacturers operating in the global heavy duty bags & sacks market include
- Segezha Group LLC,
- Mondi Group,
- Nihon Matai Co., Ltd.,
- Sonoco Products Company,
- Berry Global, Inc.,
- Al-Tawfiq Company,
- Wooderson Packaging Ltd.,
- ProAmpac LLC,
- MegaSack Corporation and
- LC Packaging International BV
among other heavy duty bags & sacks manufacturers.
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Heavy Duty Bags & Sacks Market: Dynamics Impacting Revenue Growth
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 & sacks globally. 20 – 40 kg heavy duty bags & sacks are expected to be the most lucrative capacity type. The heavy duty bags & sacks lie under this capacity provides ease of storage & transportation. In terms of material used, plastic accounts for nearly 55.0% of the total material used for heavy duty bags & sacks market by market value.
The FMI study analyses the heavy duty bags & sacks market in several regions, and focuses on the key dynamics affecting the heavy duty bags & sacks market, globally. The growing demand from end use industries such as building & construction, automotive, and food among others, the demand for heavy duty bags & sacks is expected to gain traction.
These factors are expected to drive the growth of the global heavy duty bags & sacks market during the forecast period. In terms of end-use industries, chemical & fertilizers segment is expected to drive the demand for heavy duty bags & sacks. The regulatory bans by government across various countries over the use of plastic might hamper the growth of heavy duty bags & sacks.
China’s Growing Grain Consumption Drives Heavy Duty Bags & Sacks Market, While Germany Leads in Packaging Innovation:
China serves as a developing growth portal for the heavy duty bags & sacks market in the Asia Pacific region due to various factors. The country has a significant presence of resin producers spread across different provinces, particularly in the north and northwestern regions. Additionally, China’s evolving demographics and changing social aspects contribute to the market’s growth potential.
Grain consumption in China has been steadily increasing, with an estimated consumption of 420 million tonnes in 2018, triple the amount from 1975. This rising demand for food and grain drives the need for heavy duty bags & sacks in the country, making China a significant market for these products.
On the other hand, Germany emerges as a leading center for the heavy duty sacks and bags market, particularly in terms of packaging innovation. The country excels in various manufacturing sectors, including automotive, construction, healthcare, and packaging, benefiting from its expertise in these industries.
Germany is actively embracing sustainability initiatives, as outlined in the “EU Strategy on Plastics in Circular Economy by 2030.” The country aims to ensure that all packaging within the European market becomes fully recyclable. Consequently, it is expected that Germany will enforce regulations in the future, mandating the use of only recyclable bags and sacks for packaging purposes. This regulatory shift will impact the dynamics of heavy duty bags & sacks market, promoting more sustainable practices
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Heavy Duty Bulk Bags & Sacks Market by Category
By Capacity, Heavy Duty Bags & Sacks Market is segmented as:
- Less than 20 kg
- 20-40 Kg
- Above 40 Kg
By Material Type, Heavy Duty Bags & Sacks Market is segmented as:
- Paper
- Plastic
- HDPE
- LDPE
- LLDPE
- PP
- Polystyrene
- Others
- Jute
By Product Type, Heavy Duty Bags & Sacks Market is segmented as:
- Open Mouth
- Pasted Valve
- Gusset Bags
- Rubble Sacks
- Woven Sacks
- Trash Sacks
By End Use, Heavy Duty Bags & Sacks Market is segmented as:
- Food
- Agriculture
- Chemical & Fertilizers
- Building & Construction
- Automotive
- Others
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