Today, the variety
of products available in the market calls for different style and
packing types with suitable physical properties, which makes the
Global
Plastic
Bag
And
Sack
Market
crucial. Plastic packaging is light weight yet robust and, thus, can
be used in various processes such as molding and extrusion for
packaging. Plastic bags and sacks find application in a variety of
fields, including consumer goods, food and beverages,
pharmaceuticals, industrial products, healthcare, etc. Increased
durability and product safety and their low cost are some of the
major benefits that plastic bags and sacks offer over conventional
packaging materials such as metals and cartons. In the recent past,
the global plastic bag and sack market has witnessed increased
adoption of recyclable plastic materials. This recent trend has
boosted growth of the plastic bag and sack industry further.
Expansion of the online retail industry in the recent past has also
been contributing to the amplified demand for plastic bags globally.
Rise in
globalization has led to an increase in consumers’ disposable
income across the world. This growth in disposable income has boosted
sales of consumer goods globally, which is a factor directly fueling
demand for plastic bags and sacks.
Plastic Bag and
Sack Market: Drivers and Restraints
Demand for plastic
bags and sacks is driven by the high growth witnessed in the online
retail market, introduction of environmental friendly bio-degradable
products, the increasing purchasing power of average customers, and
growth of the end-use application industries. However, the strict
regulatory framework for plastic production across the globe could
negatively affect growth of the plastic bag and sack market.
Plastic Bag and
Sack Market: Segmentation
The global plastic bag and sack market is segmented as follows :
On the basis of
type of plastic:
- Polyethylene
- HDPE (High Density Polyethylene)
- LDPE (Low Density Polyethylene)
- LLDPE (Linearly Low Density Polyethylene)
- Polypropylene
- Others
On the basis of
application:
- Industrial products
- Consumer goods
- Food & beverages
- Medical & healthcare
Plastic Bag and
Sack Market: Region-wise Outlook
Get Free Sample
Report :
The production and
demand trends in the global plastic bag and sack market vary from
region to region, depending on the existing regulations for use of
plastic products in that region. In North America, the U.S. is the
major market for plastic bags and sacks. Till 2015, the plastic
industry was the third largest manufacturing industry in the U.S.
Asia Pacific is the next big market for plastic bags and sacks;
however, recent initiatives by government in China to ban plastic
bags could adversely affect growth of the market in the near future.
Phase-out of lightweight plastic bags across various geographies in
the world has been witnessed in recent past, and governments across
these geographies are laying emphasis on use of environment-friendly
biodegradable alternatives.
Plastic Bag and
Sack Market: Key Players
Key players identified in the global plastic bag and sack market
are :
- POLYNOVA Industries Inc.
- Novolex
- Al Jabri Plastic Factory
- Hanoi Plastic Bag JSC
- AR-BEE Transparent Products, Inc.
- Rutan Poly Industries, Inc.
- American Plastic Manufacturing
- S.S.Polypack
- Hilex Poly Co. LLC
- Duro Bag Manufacturing Co
The research report
presents a comprehensive assessment of the market and contains
thoughtful insights, facts, historical data, and statistically
supported and industry-validated market data. It also contains
projections done using a suitable set of assumptions and
methodologies. The research report provides analysis and information
on the basis of market segments, geographies, types, technologies,
and applications.
The report
presents exhaustive analysis on:
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
On the basis of
regions, the market is segmented into:
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain, Nordic countries, Belgium, Netherlands, and Luxembourg)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC, S. Africa, and N. Africa)
The report is a
compilation of first-hand information, qualitative and quantitative
assessment by industry analysts, and inputs from industry experts and
industry participants across the value chain. The report provides
in-depth analysis of the various parent market trends, macro-economic
indicators, and governing factors, along with the market
attractiveness as per segments. The report also maps the qualitative
impact of the various factors on the market segments and geographies.
Report
highlights:
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, and regional markets exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
About Us :
Transparency Market
Research is a global market intelligence company, providing global
business information reports and services. Our exclusive blend of
quantitative forecasting and trends analysis provides forward-looking
insight for thousands of decision makers. Our experienced team of
Analysts, Researchers, and Consultants, use proprietary data sources
and various tools and techniques to gather, and analyze information.
Our data repository
is continuously updated and revised by a team of research experts, so
that it always reflects the latest trends and information. With a
broad research and analysis capability, Transparency Market Research
employs rigorous primary and secondary research techniques in
developing distinctive data sets and research material for business
reports.
No comments:
Post a Comment