Global Heavy Duty Bags & Sacks Market to Reach US$ 16.6 Billion by 2028, Driven by Food and Agricultural End Usage and Increasing Demand. - FMIBlog

The market for strong bags and sacks is steadily growing and is expected to reach a value of US$16.6 billion by 2028. The projected compound annual growth rate (CAGR) for this market is 3.6%. In 2022, the market value is expected to be US$13 billion, with the food and agriculture sectors accounting for about 40% of it. By 2028, the market for heavy-duty bags and sacks with a capacity of 20 to 40 kg is predicted to be worth US$8.0 billion, with a CAGR of 4.5%.

The Asia Pacific heavy-duty bags and sacks market is predicted to experience significant growth from 2022 to 2028, as stated by Future Market Insights (FMI). China is a key player in the success of this market and is expected to generate additional opportunities valued at approximately US$1 billion by 2028.

It is expected that Germany and Italy, two countries in Western Europe, will control a joint portion of 40% in the market by 2022. The total market value is estimated to reach US$4.0 billion. This region is regarded as a frontrunner in terms of innovation for the heavy-duty bags and sacks market. This is due to the presence of advanced manufacturing facilities and effective recycling initiatives.

The heavy-duty bags and sacks market is experiencing growth due to the personalization of bags with features such as protection from harmful UV rays, clear product visibility, customizable color options, and durability against chemicals and tears. Furthermore, the market dynamics have been influenced by stringent government regulations that discourage the use of plastic bags.

Berry Global Group made history in May 2022 by becoming the inaugural plastic packaging manufacturer to obtain the RecyClass Recycled Content Certification for its refuse sacks. This achievement serves as a testament to the company's unwavering dedication to promoting sustainability in its operations.

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in the Heavy Duty Bags & Sacks Market: Various enterprises dominate the Heavy Duty Bags & Sacks Market.

companies that are involved in the production of heavy duty bags and sacks on a worldwide scale.

among various manufacturers of durable bags and sacks.

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Factors Affecting the Growth of the Heavy-Duty Bags & Sacks Market

According to a recent report from FMI, the global heavy duty bags & sacks market is projected to experience tremendous growth due to the rise in construction projects and industrialization in developing nations. The most profitable type of bags & sacks are expected to be those with a capacity of 20 – 40 kg. These heavy duty bags & sacks offer convenience in terms of storage and transportation. When it comes to the materials used, plastic dominates the market, accounting for approximately 55.0% of the total market value for heavy duty bags & sacks.

The investigation conducted by FMI examines the market for large and sturdy bags and sacks in various areas, with a specific focus on the important factors that influence this global market. With an increasing need from industries like construction, automotive, and food, among others, the demand for durable bags and sacks is predicted to gather momentum.

The aforementioned elements are anticipated to boost the expansion of the worldwide market for durable bags and sacks in the foreseeable future. When it comes to the sectors that benefit from these products, the chemical and fertilizers industry is projected to be the driving force behind the demand for durable bags and sacks. However, the growth of this market may be hindered by government-imposed restrictions on the use of plastic in several countries.

China’s increasing grain consumption is fueling the demand for heavy duty bags and sacks, while Germany takes the lead in pioneering packaging advancements.

China acts as a burgeoning gateway for the heavy-duty bags & sacks market in the Asia Pacific area owing to several reasons. The nation holds a notable presence of resin manufacturers dispersed throughout various provinces, notably in the north and northwest regions. Moreover, China's shifting demographics and evolving social aspects add to the market's potential for expansion.

The intake of grains in China has been consistently on the rise, with an approximate consumption of 420 million tons in 2018, which is three times more than that in 1975. This growing requirement for nourishment and grains creates a demand for robust bags and sacks in the nation, thereby establishing China as an important marketplace for such goods.

In contrast, Germany stands out as a prominent hub for the heavy-duty sacks and bags industry, notably when it comes to advancements in packaging. The nation thrives across diverse manufacturing fields such as automobile, building, medical, and packaging, leveraging its proficiency in these sectors.

Germany is enthusiastically embracing sustainability efforts, as detailed in the "EU Strategy on Plastics in Circular Economy by 2030." The nation seeks to guarantee that all packaging in the European market is completely recyclable. As a result, it is anticipated that Germany will introduce rules in the coming years that will require the use of exclusively recyclable bags and sacks for packaging. This change in regulations will influence the state of the heavy duty bags & sacks industry, encouraging the adoption of more environmentally friendly practices.

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Market Segmentation for Heavy Duty Bulk Bags & Sacks

In terms of ability, the market for durable bags and sacks is divided into various categories.

The Heavy Duty Bags & Sacks Market is categorized based on the type of material used.

In terms of the kind of products, the market for robust bags and sacks can be divided into various categories.

In terms of utilization, the market for sturdy bags and sacks is categorized as:

Future Market Insights, Inc., a market research organization that is certified by ESOMAR and has received the prestigious Stevie Award, as well as being a member of the Greater New York Chamber of Commerce, offers detailed analysis on the driving forces behind the increased demand in the market. The organization reveals potential opportunities that will contribute to the market's growth across different segments in terms of Source, Application, Sales Channel, and End Use over the next decade.

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