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Block Sack Market

Block Sack Market By Raw Material (Plastic PE Film Sacks, Polypropylene (PP) Sacks, Sacks Paper, Jute), Product Type (Shopping Sacks, Box type Sacks), Application (Fertilizer Sacks, Seed Sacks, Cement Sacks), End Use (Food and Beverages, Pharmaceuticals) & Region - Forecast 2022-2032

Market Insights on Block Sack covering sales outlook, demand forecast & up-to-date key trends

Block Sack Market Overview

The block sack market is anticipated to register a CAGR of 4.8% during the forecast period, up from US$ 1.15 Bn in 2022 to reach a valuation of US$ 1.84 Bn by 2032.

Attributes

Details

Block Sack Market Value (2022)

US$ 1.15 Bn

Block Sack Market Projected Value (2032)

US$ 1.84 Bn

Block Sack Market CAGR (2022-2032)

4.8%

Sales of block sack is expected to rise due to its multiple benefits such as light weighted and tamper-proof. The demand for block sack is increasing drastically for material handling.

Key factor aiding the growth of block sack market share is its features like durability and versatility which gives added advantage for using block sacks in various sectors. The demand for block sack is also rising due to valve provision, which helps to speed up the product filling and sealing process. This factor also anticipated to boost up the sales of block sack during the forecasted period.

The block sack market is dynamic. There is a tough competition amongst manufacturers, due to the increased demand for block sack, since it is economic production and less raw material inputs are required. This is anticipated to increase the sales of block sack in the projected period.

The manufacturers are adding resistance in the block sacks in terms of heat, water, and other climatic conditions. Hence, the demand for block sack for preserving food articles is increasing. This further push the growth of block sack market share. Another major factor boosting the demand for block sack is its increased demand in food and beverages industries, chemicals, agriculture sectors, etc. This rising demand is projected to propel the sales of block sack during the forecast period.

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What are the Growth Propellers to the Block Sack Market Share?

The block sack market is being driven by lower raw material and starting capital requirements. The primary driving force in block sack market is tear proof and safe material transportation. This factor is anticipated to augment the sales of block sack during the forecast period. Recyclability and customization are two major aspects driving the growth of the block sacks market share.

The use of block sacks for eye-catching branding and promotion is becoming more popular in a variety of industries which is ultimately boosting the sales of block sack. The retail sector is predicted to have the most demand for block sack, which come in a variety of forms, sizes, and colours. The block sack market is likewise growing in tandem with the construction industry.

Construction industries employ block sacks for cement storage because of their high strength, material carrying capacity, and resistant quality. As a result, sales of block sack in construction industries are anticipated to rise. On the other hand, the demand for paper block sack is in high demand in the pharmaceutical industry for the storage of drugs and medicines.

Despite several advantages, the block stack market share might get affected due to competition from other packaging solutions such as corrugated boxes and metal boxes. Block sacks, on the other hand, are versatile and multipurpose. Furthermore, when compared to alternative methods, it requires less money for packaging.

Ismail Sutaria
Principal Consultant
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Which is the Leading Region in the Block Sack Market?

The block sack market share is growing rapidly due to its customizability and branding. A large number of agricultural activities and establishment of agro agencies across APAC region will give lucrative opportunities for the growing market of block sacks.

The PP laminated block sacks are highly demanded in the construction sector. It is witness that the construction sector is rapidly growing in the U.S. and Europe. This will propel the market growth of block sack on the footprints of the construction sector in these regions.

The increasing awareness of protection against spoilage, food wastage due to climatic conditions will lead to the evolution of the global market of block sacks over the next few years. The exponential rise in seed and fertilizers storage will lead to a rise in block sack markets.

How is the Competitive Landscape in the Block Sack Market?

Key players in global block stack market include Starlinger Company, East Riding Sacks Limited, Shouman Company, Dyna Polyplast Pvt Ltd., Segezha Group, Flexipol Packaging Limited, AB Group Packaging, and Tianjin Jia Tai Feng Plastic Woven Co., Ltd.

Starlinger added the 300th conversion line for AD*Star block bottom sacks in the Philippines in May 2018 to increase production.

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Scope Of Report

Report Attribute

Details

Growth rate

CAGR of 4.8% from 2022 to 2032

Base year for estimation

2021

Historical data

2015 - 2020

Forecast period

2022 - 2032

Quantitative units

Revenue in USD billion, volume in kilotons, and CAGR from 2022 to 2032

Report coverage

Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis,

Segments covered

Raw material, Product type, Capacity, application, end use, region

Regional scope

North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand

Country scope

U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa

Key companies profiled

Starlinger Company, East Riding Sacks Limited, Shouman Company, Dyna Polyplast Pvt Ltd., Segezha Group, Flexipol Packaging Limited, AB Group Packaging, Tianjin Jia Tai Feng Plastic Woven Co., Ltd.

Customization scope

Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs.

Frequently Asked Questions

The block sack market is forecasted to register a CAGR of 4.8% during the forecast period.

Key players holding substantial Block Sack Market share include Starlinger Company, East Riding Sacks Limited, Shouman Company, Dyna Polyplast Pvt Ltd., Segezha Group, Flexipol Packaging Limited, AB Group Packaging, and Tianjin Jia Tai Feng Plastic Woven Co., Ltd.

Demand for block sack is likely to rise due to its multiple benefits for various industries such as light weight and tamper-proof.

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Ismail Sutaria
Principal Consultant
LinkedIn
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