Latest
industry research report on: Global Paper Sacks Market | Industry
Size, Share, Research, Reviews, Analysis, Strategies, Demand, Growth,
Segmentation, Parameters, Forecasts
Paper and paper based packaging
have become vital constituents of modern life. Moreover,
communication, food & consumer products are some of the things
that have witnessed improvement over the last few years and are more
easily available as a result of paper and paper based packaging.
Paper based packaging is constantly advancing in terms of growth rate
in the overall packaging industry and has constantly gained
attention, owing to its versatile, tear-resistance and cost effective
method to transport, preserve and protect a wide array of goods. As a
raw material source, paper is a low cost readily available raw
material which accounts for more than 50% of the revenue generation
in the packaging industry and is used in the form primary packaging,
often with the assistance of paper sacks. The use of paper sacks in
primary packaging is gaining traction, particularly in industrial
applications in the form of containers where it is used to transport
dry chemicals, animal feed and cement among many others. Paper sacks
is one of the flexible packaging solution that provides all the
features related to high performance during packing and
transportation. These paper sacks are made up kraft paper that ranges
from 1ply to 4ply. The innermost part of the paper sack is laminated
with aluminum foil, plastic, etc. which act as barrier towards
oxygen, moisture and leakage. Most of the paper sacks are sturdy, yet
light weight and individually tailored according to the size,
filling, handling and transportation to meet the product or customer
specific needs. Occasionally these paper sacks are mounted with
special handles at the bottom for easy carriage. Apart from its
primary usage of protecting and transporting, these paper sacks are
also use as tool for brand promotion due to its impressive colors &
multi-graphic printing.
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Global
Paper Sacks Market- Market Segmentation:
Global
paper sacks market is segmented on the basis of product type, paper
type, packaging type and end use type. On the basis of product type,
global paper sacks market is segmented into open mouth sacks, valve
sacks and tuck-in-sleeve sacks. Open mouth sacks can be further
sub-segmented into block bottom, sewn bottom, flat pasted bottom,
gusseted sewn bottom and gusseted pasted bottom. Valve sacks can be
further sub-segmented into block bottom and gusseted sewn bottom. On
the basis of paper type, the global paper sacks market is segmented
into unbleached paper, bleached paper and coated paper. On the basis
of packaging type, global paper sacks market can be segmented into
manually packing process and automated packing process. On the basis
of end use industry, global paper sacks market can be segmented into
construction industry, chemical industry, agriculture industry
(animal feed, fertilizer, seeds, etc.) and food industry.
Global
Paper Sacks Market - Market Dynamics:
Infrastructural
development and increasing urbanization in the developing economies
is one of the growing factor for the global paper sacks market.
Another significant factor that is driving the growth of the global
paper sacks market is the dust-free and moisture protection features
of the paper sacks. In addition to this, low damage rate of paper
sacks which is not exceeding 2% is expected to positively impact the
sales of paper sacks, driving its demand over the forecast period.
One of the major reason for the growth of global paper sacks market
is the increasing awareness about environmental sustainability as
paper sacks can be recycled and re-used. Adding to this, the
stringent government regulation on plastic sacks usage is another
factor that drives the growth of global paper sacks market. However,
the restraining factor in the growth of global paper sacks market is
the high price of paper sacks as compared to plastic sacks. Moreover,
increasing investments by manufacturers of plastic sacks to innovate
their product with prime focus on consumer convenience, is expected
to hinder the growth of the global paper sacks market throughout the
forecast period.
Global
Paper Sacks Market - Regional Outlook:
Geographically,
the global paper sacks market is segmented into North America, Latin
America, Western Europe, Eastern Europe, APEJ (Asia Pacific excluding
Japan), MEA (Middle East & Africa) and Japan. The global paper
sacks market is expected to witness a stable CAGR over the forecast
period. The demand for the paper sacks is expected to witness an
above average growth in North America due to higher adoption of paper
sacks in commercial and industrial use. Apart from this, rampant
growth of retail and industrial sector in Asia-Pacific is expected to
further boost the sales of paper sacks by the end of forecast period.
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Global Paper Sacks Market -
Major Players:
Some of the major players
identified across the globe in the paper sacks market are Simpac Ltd,
Papiersackfabrik Tenax GmbH & Co, S.G.Baker Ltd, H Polesy &
Co Pty Ltd, Edna Group, Orora Packaging Australia Pty Ltd, Rugby
Paper Sacks Ltd, Mondi plc. East Riding Sacks Ltd and Napco National
Paper Products Co.
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