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Global Packaging Sacks Market 2016-2020

  • Published: Jun 2016
  • Pages: 74
  • SKU: IRTNTR9629
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This market research report presents a detailed segmentation of the global packaging sacks market by end users (construction sector, chemical and fertilizer sector, food sector, horticulture sector, and other sectors), by raw materials (jute, plastic, and paper), and by geography (the Americas, APAC, Europe, and ROW). The leading vendors in this market are Sonoco, Global Pak, Hood Packaging, LC Packaging, and Mondi.

Overview of the global packaging sacks market

Market research analysts at Technavio predict the global packaging sacks market to grow at a CAGR of more than 2% by 2020. The rising demand for plastic-based packaging sacks is one of the top drivers that will lead to the growth of this market during the forecast period. Plastic packaging is increasingly replacing paper and jute packaging due to its flexibility, durability, lightweight, and low-cost properties. Furthermore, as plastic-based packaging is suitable for all types of packaging products such as food, chemicals, and fertilizer, its demand among the end users will grow significantly over the next few years.

A recent trend emerging in the market is the increasing demand for high-barrier packaging sacks. This type of packaging solution contains high-barrier resins, which provide better protection from moisture and oxygen and extends the shelf life of food products. High-barrier packaging sacks have a specialized coating and laminated structures along with resins that allow better performance than any other packaging products. Some of the high-barrier plastics that are gaining popularity among the consumers include biaxially-oriented polyethylene terephthalate (BOPET) and ethylene vinyl alcohol (EVOH). Due to their numerous advantages, high-barrier plastics are mainly used in the food and chemical industries. Dow, for instance, has made recyclable barrier films using RETAIN polymer modifiers, which helps in the recycling of films without affecting the quality of the barrier film.

Segmentation by end users and analysis of the packaging sacks market

  • Construction sector
  • Chemical and fertilizer sector
  • Food sector
  • Horticulture sector

According to this market study report, the construction sector dominated the market by accounting for a market share of nearly 29% during 2015. Packaging sacks are extensively used in the construction industry owing to its ability to aid in the packaging of construction materials like sand, cement while making roads, ports, buildings, and other construction activities.

Geographical segmentation and analysis of the packaging sacks market

  • Americas
  • APAC
  • Europe
  • ROW

The packaging sacks market in APAC is expected to grow at a CAGR of nearly 3% by 2020. Factors such as increasing demand for packaging sacks and strong production and consumption of packaging sacks in developing countries like China and India will drive the prospects for market growth in this region. The food and construction sectors have also increased their demand for packaging sacks, which, in turn, improved the GDP growth rate of APAC countries as these regions have excellent infrastructure and good transportation systems. Additionally, recent technological improvements in most APAC countries have also led to the large-scale production of flexible packaging sacks, which in turn will spur its adoption among industries for a wide array of functions.

Competitive landscape and key vendors

The packaging sacks market is highly fragmented due to the presence of numerous international and local vendors. The level of competition will further increase among the market vendors in terms of product differentiation, portfolio, and pricing. Moreover, the companies are expanding their businesses by setting up new manufacturing plants and launching new products in the emerging markets. The international vendors are expected to grow during the forecast period by acquiring regional or local vendors. For instance, LC Packaging acquired Geerings Horticulture Products to expand its business and services in the UK.

Key vendors in the market are -

  • Global Pak
  • Hood Packaging
  • LC Packaging
  • Mondi
  • Sonoco

The other prominent vendors in this market include Bemis, El Dorado Packaging, Greif, Knack Packaging, Lincon Polymers, TMR Woven Bags and Sacks, and Wenzhou SMOO Bags.

Key questions answered in the report include

  • What will the market size and the growth rate be in 2020?
  • What are the key factors driving the global packaging sacks market?
  • What are the key market trends impacting the growth of the global packaging sacks market?
  • What are the challenges to market growth?
  • Who are the key vendors in the global packaging sacks market?
  • What are the market opportunities and threats faced by the vendors in the global packaging sacks market?
  • Trending factors influencing the market shares of the Americas, APAC, Europe, and ROW.
  • What are the key outcomes of the five forces analysis of the global packaging sacks market?

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Table of Content

PART 01: Executive summary

  • Highlights

PART 02: Scope of  the report

  • Market overview
  • Top-vendor offerings

PART 03: Market research methodology

  • Research methodology
  • Economic indicators

PART 04: Introduction

  • Key market highlights

PART 05: Market landscape

  • Market overview
  • Market size and forecast
  • Five forces analysis

PART 06: Market segmentation  by end-users

  • Global packaging sacks market by end-users
  • Global packaging sacks market by construction sector
  • Global packaging sacks market by chemical and fertilizer sector
  • Global packaging sacks market by horticulture sector
  • Global packaging sacks market by food sector
  • Global packaging sacks market by other sectors

PART 07: Market segmentation by raw material

  • Market overview
  • Plastic based global packaging sacks market
  • Paper-based global packaging sacks market
  • Jute based global packaging sacks market

PART 08: Geographical segmentation

  • Segmentation of packaging sacks market by geography
  • Packaging sacks market in APAC
  • Packaging sacks market in Europe
  • Packaging sacks market in Americas
  • Packaging sacks market in ROW

PART 09: Market drivers

PART 10: Impact of drivers

PART 11: Market challenges

PART 12: Impact of drivers and challenges

PART 13: Market trends

PART 14: Vendor landscape

  • Competitive scenario
  • Global-Pak
  • Hood Packaging
  • LC packaging
  • Mondi
  • Sonoco
  • Other prominent vendors

PART 15: Appendix

  • List of abbreviations

PART 16: Explore Technavio

Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

TechnavioINFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases
Technavio

TechnavioDATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts
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TechnavioREPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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