Polypropylene Woven Bags and Sacks Market Projections & Future Scenario Analyzed until 2028

Posted on 2018-11-30 by Mark Hub in Industrial // 0 Comments

Fact.MR

Rockville, US, 2018-Nov-30 — /EPR Network/ — Quality-constructed to impart economical yet strong packaging, laminated polypropylene woven bags and sacks continue to dwarf their non-laminated counterparts. 60% of polypropylene woven bags and sacks sales converted worldwide are laminated, according to a recent Fact.MR study. The study foresees the polypropylene woven bags and sacks market to record a moderate 4.0% volume CAGR through the period of forecast, 2018 to 2028.

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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.

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Drivers & Restraints:

The demand for polypropylene bags and sacks from the cement industry has increased significantly in the last few years, due to increase in urbanization and growth in the industrial sector. Multinational companies are eyeing the Middle East region in anticipation of increased demand from the building & construction industry. The cement industry in Saudi Arabia is expected to grow at an annual average rate of the 10-12%, during 2014-2020. Steady increase in the cement industry will increase the demand for its packaging, and in turn, polypropylene woven bags and sacks. Polypropylene woven bags & sacks offer optimum strength and good material handling during transportation and shipping. They are highly preferred for cement packaging. In recent years, it has been noticed that the number of polypropylene woven bags & sacks manufacturers for industrial applications has increased dramatically. For example, Cement Product Industry Co. Ltd has achieved strong growth within a short span of time. The company serves packaging needs of the major cement industries in the GCC region. Moreover, the demand for polypropylene woven bags & sacks is very high in Saudi Arabia and UAE region due to large scale industrial development in this region. Both of these countries account for a large market share of the cement industry in the region. With the increase in cement production by cement manufacturers, the demand for polypropylene woven bags and sacks is expected to rise. In addition, there is a great demand for Polypropylene bags and sacks from the cement industry in emerging economies such as China and India, which is expected to significantly contribute to the growth of the overall market.

Competitive Landscape:

Key players operating in the global market for polypropylene woven bags and sacks include Mondi Group plc, United Bags, Inc, Berry Global, Inc., Muscat Polymers Pvt. Ltd, Al-Tawfiq Company, Emmbi Industries Limited, Uflex Ltd., Palmetto Industries, Printpak Inc and Emmbi Industries Limited, among others.

Table of Content:

Executive Summary
1.1. Market Overview
1.2. Market Analysis
1.3. Fact.MR Analysis and Recommendations
1.4. Wheel of Opportunity
Market Introduction
2.1. Market Definition
2.2. Market Taxonomy
Market Background
3.1. Porter’s Analysis
3.2. Macro-Economic Factors
3.3. Forecast Factors – Relevance & Impact
3.4. Value Chain
3.5. Market Dynamics
3.5.1. Drivers
3.5.2. Restraints
3.6. Opportunity Analysis
Market Forecast
4.1. Market Volume Projections
4.2. Market Size Projections
4.3. Y-o-Y Projections
4.4. Absolute $ Opportunity Analysis

Continued……………..

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