Heavy Duty Bags & Sacks Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2031

Global Heavy Duty Bags & Sacks Market Segmentation

Based on capacity, the global heavy duty bags & sacks market is segmented into: less than 20 kg, 20 – 40 kg, and above 40 kg.

On the basis of material type, the global heavy duty bags & sacks market is segmented into: paper, plastic (LDPE, PP, HDPE, LLDPE, polystyrene, and others), and jute.

Based on product type, the global heavy duty bags & sacks market is segmented into: open mouth, gusset bags, woven sacks, pasted valve, and trash sacks, rubble sacks.

On the basis of end-use, the global heavy duty bags & sacks market is segmented into: food, building & construction, chemical & fertilizers, automotive, agriculture, and others.

Based on geographies, the global heavy duty bags & sacks market is segmented into: Latin America, North America, Eastern Europe, Western Europe, Asia Pacific Excluding Japan (APEJ), Japan, and Middle East & Africa (MEA).

The executive summary also discusses important conclusions of the study on heavy duty bags & sacks market along with an overview of the market. Further, the report includes a brief discussion on the use of plastic and paper as key materials in manufacturing heavy duty bags & sacks.

Extensive competitive analysis and profiles of key players participating in the global heavy duty bags & sacks have been included in the report lined with their strategic synopsis and SWOT analysis.

The dashboard gives accurate comparison of manufacturers of heavy duty bags & sacks based on different parameters including total revenue, growth strategies, product offerings, latest developments, operating margin, and key differentiators.

The study on heavy duty bags & sacks market covers market attractiveness assessments on the basis of product type, material type, capacity, end users, and geographies. By material type, plastic is anticipated to dominate the heavy duty bags & sacks market, accounting for more than half of total market value share.

By end-use, agriculture and chemicals & fertilizers segments are projected to be the primary consumers in the global heavy duty bags & sacks market.

Value figures of the global heavy duty bags & sacks market have been analyzed in terms of sales, while the weighted average pricing is taken in terms of capacity. For revenue calculation, pricing obtained through primary quotes from various regional manufacturers, distributors, and suppliers of heavy duty bags & sacks are taken into consideration.

Further, revenue generated by manufactures and their corresponding capacity for production are considered to determine the heavy duty bags & sacks market size in terms of value and volume.

Analysis of heavy duty bags & sacks based on estimated demand and the current scenario has also been mentioned in the report. Based on secondary research and response from initial respondents, all important end users of heavy duty bags & sacks have been determined.

To estimate the value of global heavy duty bags & sacks market for different end-use industries, country-wise demand has been evaluated. Top-down approach is implemented to analyze the heavy duty bags & sacks market by key regions and countries.

Heavy duty bags & sacks have been gaining high demand in the past few years for their ability to sustain more weight compared to conventional bags. The global heavy duty bags & sacks market is estimated to register a 4% value CAGR over the assessment period of 2018-2028.

Plastic to Remain Dominant Material in the Global Heavy Duty Bags & Sacks Market

Based on material type, plastic is expected to maintain its superiority in the global heavy bags & sacks market, accounting for around 55% of value share, over the period between 2018 and 2028.

Plastic-based heavy duty bags & sacks are not only waterproof but also highly reliable for agricultural packaging, which in turn is predicted to act as catalysts to accelerate the growth of global heavy duty bags & sacks market.

However, stringent regulations against the use of plastic by government organizations in several countries may create hindrance in the demand for plastic as a material of choice in heavy duty bags & sacks market.

On the basis of capacity type, 20-40 kg heavy duty bags & sacks are projected to witness the maximum demand over the forecast period, backed by their ease of storage and transportation. With growing demand for bags under this capacity in automotive, construction, and other industries, the global heavy duty bags & sacks market is expected to gain high traction in the coming years.

Industrialization to Promote Growth of Heavy Duty Bags & Sacks Market in APEJ

Rapid growth in industrialization and construction activities, especially in emerging economies such as China and India, are likely to boost the demand for heavy duty bags & sacks in APEJ, which is anticipated to outperform Western Europe as the most lucrative region for the market through 2028.

Although the global heavy duty bags & sacks market has been forecast to maintain a positive outlook over the forecast period, more availability of alternative options such as flexible intermediate bulk containers (FIBCs) will may negatively affect the market. These containers are gaining increasing momentum among various end users of heavy duty bags & sacks, for their ability handle more heavy weight. Shift in preference toward bulk bags and their increasing demand from end users and organizations may become a daunting challenge for leading players in heavy duty bags & sacks market.

Competitive Landscape

Leading players of heavy duty bags & sacks market are focusing on expanding at global level through mergers and acquisitions. For instance, in May 2016, Novolex acquired a plastic and plastic based products manufacturer, Heritage Bag Company based in Roanoke, Texas. It helps companies leverage expertise of the acquired firms to improve their products and services portfolio.

Some of leading players participating in the global heavy duty bags & sacks market are Mondi Group, Novolex, Nihon Matai Co., Ltd, Seevent Plastics Ltd., Wooderson Packaging Ltd, Segezha Group LLC, LC Packaging International B.V., Berry Global, Inc., MegaSack Corporation, Global-Pak Inc., Al-Tawfiq Company, Muscat Polymers Pvt. Ltd, ProAmpac LLC, Sonoco Products Company, Amcor, Bemis Company, Inc., TMR Woven Bags and Sacks, and Wenzhou SMOO Bags.