The global woven bags market has shown consistent growth, with a valuation of approximately US$5.8 billion in 2021, marking a year-over-year growth of 3.2%. Projections indicate that this market will continue to expand steadily, with a projected compound annual growth rate (CAGR) of 4.3%, reaching an impressive valuation of US$9.2 billion by 2032. It’s worth noting that the woven bags market accounts for a significant share, approximately 18%, of the broader global bags market, valued at US$33 billion in 2022.
Within the woven bags segment, plastic woven bags, primarily made from polypropylene (PP), have gained prominence due to their non-toxic nature and 100% reusability. These bags are known for their strength, capable of withstanding heavy loads and resisting tears, which helps minimize product loss. Consequently, the polypropylene segment is anticipated to lead the global market during the forecast period.
The United States has played a substantial role in the market’s growth, with the USA woven bags market experiencing a 3.6% year-on-year increase in 2021. Looking ahead, North America as a whole is expected to witness a surge in woven bag sales, with total sales estimated to reach US$1 billion by 2022. This trend underscores the increasing preference for durable and reusable packaging solutions.
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Key Takeaways from the Global Woven Bags Market
- Sales of the plastic woven bags segment is expected to increase by 1.6x of the current market sales, by the end of 2032.
- The consumption of block-bottom woven bags is estimated to capture a market share of 44% in 2022 and is estimated to outpace other segments during the assessment period.
- As per the end-use industry, building and construction is the leading segment representing prominent demand for woven bags
- The food and agriculture industries are expected to create significant revenue-generating opportunities for the key players.
- South Asia and East Asia are estimated to be prominent markets for woven bags.
“Eco-friendly woven bags using jute material in packaging are expected to gain traction in the next decade due to the consumer preference for recyclable and biodegradable woven bags” – comments an FMI analyst
Global Woven Bags Market Scenario
- Distributors in the U.S. are primarily reliant on Asia Pacific countries such as India and China for the supply of woven sacks and bulk bags. To obtain an advantage over other providers, stakeholders in the woven sacks industry are becoming more competitive in their price.
- Manufacturers are increasing their capacity to produce polypropylene (PP) woven bags, which are widely used in farming, agriculture, and construction. Sapphire Packaging Co., Ltd., a global manufacturer of bags located in Vietnam, is extending its PP woven sacks, non-woven shopping bags, and RPET (recycled polyethylene terephthalate) shopping bags line.
- Following nylon, polypropylene is being promoted as a good resin species. PP recycled materials in woven bags, on the other hand, are unstable and contain contaminants. The quality of recycled materials has been discovered to be low, with average tensile strength and hardness. As a result, woven bag manufacturers are beefing up their R&D skills in order to better recycled materials in PP woven bags.
Global Woven Bags Market Landscape
Mondi Group, Muscat Polymers Pvt. Ltd, Al-Tawfiq Company, Anduro Manufacturing, Uflex Ltd, Berry Globol Group, United Bags, Inc, Palmetto Industries, Emmbi industries, Mansarovar Agro Sacks Private Limited, Bang Polypack, Commercial Syn Bags Limited, ProAmpac, Palmetto Industries, and PrintPack.
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Global Woven Bags Market by Category
By Product Type:
- Pinch Bottom Bags
- Open Mouth Bags
- Valve Bags
- Gusseted Bags
- Block Bottom Bags
- Others (Perforated Bags, etc.)
By Material:
- Plastic
o Polypropylene (PP)
o Polyethylene (PE)
- Jute
By End Use:
- Agriculture
- Food
- Building & Construction
- Chemicals
- Retail
- Others (Tourism & Transport, etc)
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Middle East & Africa
- Oceania
Author:
Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.
Ismail is a regular at industry conferences and expos and has been widely covered in electronic and print media. He is a Speaker at our upcoming Talk show – Rise of the Intelligent Packaging. Ismail has been quoted in leading publications, including the European Pharmaceutical Review and the European Adhesive Tape Association.
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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