High duty bags and sacks are extremely strong and versatile. Compared to other bags, heavy duty bags and sacks have a number of advantages due to their low thickness and strong strength.
Heavy-duty bags and sacks are capable of holding a lot of things. As a result, these strong bags and sacks are widely used in industries such as food, agriculture, and chemicals, among others. Moreover, heavy duty bags and sacks are impact resistant and well shielded.
Due to a variety of variables, including those about which FMI provides in-depth insights and projections in this research, the global heavy duty bags and sacks market is anticipated to grow at a CAGR of 4.0% during the forecast period in terms of revenue.
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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.
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The study analyzes the heavy duty bag and sack market in several regions and focuses on the key dynamics affecting the global heavy Duty bag and sack market. Increasing demand in end-use industries such as construction and construction, automotive and food, 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. From the end-use industry perspective, the chemical and fertilizer segment is expected to drive the demand for heavy duty bags and sacks. Government regulatory bans in several countries on the use of plastic can hamper the growth of heavy-duty bags and sacks.
Monkeys are expected to surpass Western Europe as the main area of demand for the large bag and sack market by 2028. Countries like India and China in the Monkey region are witnessing a rapid rise in industrialization. This factor is expected to create tremendous opportunities for the growth of the global heavy duty bag and sack market in the region.
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APEJ is expected to outpace Western Europe as the leading region for the demand for heavy duty bags & sacks market by 2028. In APEJ region, countries like 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 & sacks market in the region.
The production of heavy duty bags & sacks might be hampered by more end users opting for FIBCs (flexible intermediate bulk containers). These FIBCs are gaining popularity over heavy duty bags & sacks due to their ability to uphold huge weight. Majority of organizations and end users have shifted their preferences to bulk bags from heavy duty bags & sacks. The growing use of FIBCs can be a threat to the growth of heavy duty bags & sacks.
Heavy Duty Bags and Sacks Market: Company
Manufacturers operating in the global heavy duty bag and sack market include Segeza Group Co., Ltd., Mondi Group and Nihon Matai Co., Ltd.Ltd., Sonoko Products Company,Berry Global,Ltd., Al-Taufik Company, Wooderson Packaging Company. One of the manufacturers of bags and sacks.
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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