Wicketed Bags Market - Global Industry Analysis

Wicketed Bags Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2020-2026

Category: Packaging Report Format : PDF Report Code: ZMR-6466 Status : Upcoming

Description

Global Wicketed Bags Market: Overview

Wicketed bags are stacked bags aligned neatly on a wire ticket and are placed with a rubber washer or chipboard header. These bags are widely utilized in flexible packaging materials. Anything from frozen meals and fresh foods to pets and outdoor materials can be stored. Some of the materials used for manufacturing these bags include polyamide, cast polypropylene, polyester, polyethylene, and several others. It is widely utilized for industrial items, personal care, beauty products, and food items.

Report Scope:

Report Attribute Details
Base Year 2020
Historic Years 2016 - 2020
Forecast Years 2021 - 2028
Segments Covered By Product Type, By Application, and By End Use
Forecast Units Value (USD Billion), and Volume (Units)
Quantitative Units Revenue in USD million/billion and CAGR from 2021 to 2028
Regions Covered North America, Europe, Asia Pacific, Latin America, and Middle East & Africa, and Rest of World
Countries Covered U.S., Canada, Mexico, U.K., Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Argentina, GCC Countries, and South Africa, among others
Number of Companies Covered 10 companies with scope for including additional 15 companies upon request
Report Coverage Market growth drivers, restraints, opportunities, Porter’s five forces analysis, PEST analysis, value chain analysis, regulatory landscape, market attractiveness analysis by segments and region, company market share analysis, and COVID-19 impact analysis.
Customization Scope Avail customized purchase options to meet your exact research needs.

Global Wicketed Bags Market: Growth Factors

One of the major factors driving the growth of the global wicketed bags market is the increasing demand for process and convenience food. Also, the growing disposable income of the people is further boosting its demand in the market. The ongoing technological advancements are inducing companies to automate their bag manufacturing process to enhance consistency and offer operational efficiency in the production unit. Manufacturers are increasing their findings to boost the research & development activities and launch bio-based materials that completely comply with the AQMD standards. The growing utilization of the bio-based product in place of toxic plastic is creating lucrative growth opportunities in the market. The emergence of eco-friendly and sustainable wicketed bags is positively shaping the trajectory of the global wicketed bags market. These sustainable and eco-friendly wicketed bags consume less energy and produce low wastage, which in turn also reduces the carbon footprint. Advancements are helping to overcome the underlying challenges of heat seal issues. The surging trend of customized printing and attractive color graphics in wicketed bags are also harnessing its appearance and shelf appeal for their sale.

Global Wicketed Bags Market: Segmentation

The global wicketed bags market can be segmented into application, closure, packaging material, and region.

By application, the market can be segmented into industrial goods, cosmetic & personal care products, pharmaceutical products, food products, and retail & consumer. The retail & consumer segment accounts for the largest share in the global wicketed bags market due to the fact that they guarantee a large number of choices, attractive dispensing, and are user-friendly.

By closure, the market can be segmented into the non-reclosable back and reclosable bags.

By packaging, the market can be segmented into semi-rigid packaging and flexible packaging. The flexible packaging segment dominates the global wicketed bags market as they are cost-effective, lightweight, and durable in nature. Flexible packaging occupies less room for packaging and storage shelves. These wicketed bags complement the product appearance and facilitate sturdy packaging.

By material, the market can be segmented into biodegradable and non-biodegradable materials. The non-biodegradable material segment can further be bifurcated into polyamide, polyester, polyvinyl chloride, cast polypropylene, polyvinylidene, chloride polyethylene, and others. The non-biodegradable material segment holds the largest share in the global wicketed bags market as they offer transparent packaging with better qualities.

Global Wicketed Bags Market: Regional analysis

Asia Pacific accounts for the largest share in the global wicketed bags market due to the fast proliferating food and beverage sector in the region. Moreover, the growing demand for packaged food along with the growing disposable income of people is likely to further boost the growth of the regional market during the forecast period.

North America is expected to witness a significant growth rate in forthcoming years due to the growing awareness among people regarding the convenience and flexibility offered by wicketed bags. Moreover, the presence of prominent market leaders in the region will further accentuate the growth of the regional market.

Global Wicketed Bags Market: Competitive Players

Some of the significant players in the global wicketed bags market are Chun Yip Plastics, Sheel Pack, WrapEx, Midwest Poly Pak, A-Pac Manufacturing, Rutan Poly Industries, Richmond Plastics, KG Marketing and Bags, Maco PKG, International Plastics, OM FLEX, Coveris Holdings S.A., Uflex Ltd., LPS Industries, Inc., St. John Packaging, PAC Worldwide Corporation, Sonoco Products Company, Mondi Plc, Supreme Plastics Group, Berry Global Group Inc., and Bischof + Klein.

Global Wicketed Bags Market: Regional Segment Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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FrequentlyAsked Questions

One of the major factors driving the growth of the global wicketed bags market is the increasing demand for process and convenience food. Also, the growing disposable income of the people is further boosting its demand in the market. The ongoing technological advancements are inducing companies to automate their bag manufacturing process to enhance consistency and offer operational efficiency in the production unit.

 

Some of the significant players in the global wicketed bags market are Chun Yip Plastics, Sheel Pack, WrapEx, Midwest Poly Pak, A-Pac Manufacturing, Rutan Poly Industries, Richmond Plastics, KG Marketing and Bags, Maco PKG, International Plastics, OM FLEX, Coveris Holdings S.A., Uflex Ltd.

Asia Pacific accounts for the largest share in the global wicketed bags market due to the fast proliferating food and beverage sector in the region. Moreover, the growing demand for packaged food along with the growing disposable income of people is likely to further boost the growth of the regional market during the forecast period.

 

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