Polypropylene Woven Bags and Sacks Market to Record a Moderate 4.0% Volume CAGR

Posted by Arslan on March 11th, 2019

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.

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.

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.

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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.

According to the study, end-use of polypropylene woven bags and sacks continues to remain robust in the food and building & construction industries. However, sales rate of polypropylene woven bags and sacks in agriculture & allied Industries is foreseen to overshadow sales in food and building & construction industries during the period of forecast. Revenues from polypropylene woven bags and sacks sales in retail & shopping sector will continue to observe a sluggish rise through 2028.

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. Top of Form

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