North America Tops The Global Polypropylene Woven Bags And Sacks Market Accounting For 24.5% Of Global Market Share In 2022 – Press Release
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The global polypropylene woven bags and sacks market is estimated at USD 4.1 Billion in 2022 and is forecast to surpass USD 6.2 Billion by 2032, growing at a CAGR of 4.1% from 2022 to 2032.
The global polypropylene woven bags and sacks market accounts for ~1% of the global packaging market in 2022. The global polypropylene woven bags and sacks market is estimated to have an absolute $ opportunity of USD 2.1 Billion during the forecast years of 2022-2032.
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Palpability of polythene’s environmental hazards has emphasized the use of sustainable alternatives in the packaging sector, thereby entailing adoption of polypropylene woven bags and sacks. Rapid inroad paved by the retail industry in FMCG sector, which has resulted in proliferation of retail outlets, will continue to bode well for growth of the polypropylene woven bags and sacks market.
Countries worldwide are passing prohibitions and taxes on plastic bags to offset environment impacts resulting from their production and disposal. Single-use plastic bags that have a thickness of less than 35 microns or 50 microns fall under the prohibition, and the thickness varies from country to country; primary agenda behind this being their zero reusable value and exhausting landfill sites.
“Following ban on plastic bags, polypropylene non-woven bags are in rigorous demand, albeit their composition of plastic as a part with cloth was frowned upon in their infancy. Despite materials used in polypropylene woven bags and sacks are not completely biodegradable, they can be reused & recycled, thereby illustrating a greener alternative. In fact, polypropylene woven bags and sacks manufacturing is emerging as a lucrative small-business idea, in light of their steadily surging demand,” says a lead analyst at Fact.MR.
Numerous Features and Advantages leading to Market Growth
Polypropylene woven sacks and bags are popular chiefly because of their resistance towards fungus and rotting attacks, moisture due to their non-toxic feature. Moreover, their light weight provides notable advantages over conventional bags. This is poised to expand market demand by 1.4X in the coming years.
Additionally, these LDPE/PP liners laminated bags have wider applications in multiple end-use industries. Therefore, the market is poised to provide a gain of 190 BPS points in the coming years. Moreover, the ban on thin-film plastic bags is fueling the adoption and demand of sacks and bags.
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Global Polypropylene Woven Bags and Sacks Market Segments
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By Product Type :
- Valve Bags
- Gusseted Bags
- Block Bottom Bags
- Pinch Bottom Bags
- Open Mouth Bags
- Other Product Type
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By Bag Type :
- Laminated Polypropylene Woven Bags
- Kraft Paper Laminate
- BOPP-Laminate
- Non Laminated Polypropylene Woven Bags
- Laminated Polypropylene Woven Bags
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By End-Use :
- Building & Construction
- Agriculture & Allied Industries
- Food
- Retail & Shopping
- Other End-Use
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By Region :
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- MEA
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This press release may contain forward-looking statements. Forward-looking statements describe future expectations, plans, results, or strategies (including product offerings, regulatory plans and business plans) and may change without notice. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements.
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