Heavy Duty Bags & Sacks Market Prospects and Growth Assessment 2028
Heavy duty bags & sacks are referred to as the bags & sacks which can uphold more weight than the regular bag types. Heavy duty bags & sacks are highly durable and can be used multiple times. Heavy duty bags & sacks offer several advantages over other bags in terms of low thickness and high strength. Heavy duty bags & sacks can handle a large volume of materials. Hence, these heavy duty bags & sacks are highly preferred in industrial applications including food, agriculture, and chemicals among others. Heavy duty bags & sacks are well shielded and impact resistant.
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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.
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.
Furthermore, heavy duty bags & sacks are highly customizable and can
be manufactured as per customer requirements. The flexibility in production
allows heavy duty bags & sacks to be one of the most sought-after packaging
solutions in the chemical, agriculture, and construction sectors. Heavy duty
bags & sacks made of plastic are waterproof and therefore offer high
reliability when it comes to agricultural packaging. These factors are expected
to drive the global heavy duty bags & sacks market during the forecast
period.
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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