The global plastic packaging market primarily includes of packaging for food and beverages – which accounts nearly 70% packaging which is processed by polymers, remaining 30% polymer packaging covers of cosmetics, chemicals & fertilizers, and medical products. Polypropylene Woven Bags & Sacks have become popular due to their inertness towards moisture, chemical & exceptional resistance towards rotting & fungus attack as they are nontoxic which is also lighter in weight and is more advantages than conventional bags. Polypropylene Woven Bags and sacks laminated with LDPE/PP liner have wider applications.
Based on the types, Polypropylene Woven Bags & Sacks market can be segmented into: Uncoated, Laminated (Coated), Gusset, BOPP bags, Perforated, Liner Woven Bags & Sacks,Small Bags, EZ Open Bag,Valve Bag; Based on the end-user industries, Polypropylene Woven Bags & Sacks market can be segmented into: Pharmaceuticals, Fertilizers,Chemicals, Sugar,Polymers, Agro, Others; Based on the end-user industries, Polypropylene Woven Bags & Sacks market can be segmented into: Supermarkets, Hypermarkets, Convenience Stores, Others
In Regional segments, the USA and Germany are the biggest markets for polypropylene woven bags & sacks industry. Asia-Pacific is anticipated to grow its position during the forecast period for polypropylene woven bags & sacks market mainly due to the developing economies like India and China as the spending by middle-class consumers is rising and rapid pace of urbanization. Moreover, the market growth is attributed to the lifestyle across the developing regions and rising per capita income are also the factors which are boosting Global Polypropylene Woven Bags & Sacks Market. The Market for Global Polypropylene Woven Bags & Sacks is also rising in emerging markets like South Africa, East European regions over the forecast period. Owing to polypropylene woven bags & sacks contribution in various commodities which are associated with day to day life of human it can be anticipated that market of polypropylene woven bags & sacks is expected to grow substantially over the forecast period.
The market is expected to witness sustained growth over the forecast period. The growth of the market is driven as there is favorable growth in the packaging industry is a major factor which will boost the global Polypropylene Woven Bags & Sacks market. Increasing economies, the rising population, and the subsequent disposable income of people are the main drivers for augmented opportunities in developing countries. These are used for packaging of a range of products like fertilizers, sugar, cashew nuts, chemicals, maize, animal feeds, and numerous other products. Manufacturers of polypropylene woven bags & sacks on producing biodegradable bio-based polypropylene woven bags & sacks which can be easily recycled so that they do not pose risk to the environment.
Some of the players operating in the market includes Berry Plastics Inc., Da Nang Plastic Joint Stock Company, Shrijikrupa Polypack Pvt. Ltd., Abdos Polymers Ltd., Umasree Texplast, STPGroup, Hanoi Plastic Bag JSC.and Mondi plc and many other regional players. Manufacturers are investing in R&D and also focusing on different strategies to maintain their market share in the global Polypropylene Woven Bags & Sacks market.
Post time: Aug-14-2019