The global cement sacks market was estimated to reach a valuation of USD 344.82 Billion in the year 2022. With a steady CAGR of 3.8% from 2023 to 2033, this market is expected to reach USD 357.93 Billion by 2023 and USD 519.72 Billion by 2033.
Cement sacks are made up of a variety of materials such as paper, plastic, and jute, as per the requirement of the consumers and the load. These sacks are mostly utilized in the construction sector as cement packing options and are intended for their load-bearing capability. Cement sacks are made to fit specific shipping and transit needs, protecting them while being used, handled, shipped, and stored. While paper bags are produced using many layers of paper and are more environmentally friendly, plastic cement sacks offer higher water resistance. These sacks are available in several variations, including valve sacks, sacks with a sewed open mouth, and sacks with an open mouth. The requirement for effective packaging solutions in the sector is driving the cement sacks market's growth as building activity increases internationally.
The global market for cement sacks is anticipated to be driven by quickly expanding building and construction activities throughout the projected period (2023 to 2033). The need for cement and efficient packaging is expanding as building activity increases globally. Analysis by Future Market Insights predicts that the construction sector will provide close to 14.8% of the whole global economy. India, China, and the United States are the top three countries for building activity. By 2030, the Indian construction sector, which is rising nearly twice as quickly as China, is projected to spend US$13 trillion on infrastructure and building projects. Additionally, the nation produced close to 331 MT of cement in FY21, and 389 MT is expected to be produced in FY23. Such events are generating awareness for the key players in the cement sack industry on a worldwide scale.
Manufacturers are introducing efficient cement packaging options on the market to take full advantage of the prospects that will arise. For instance, D-Sack® was introduced by BillerudKorsnäs. It is a ground-breaking method of packaging for cement in the worldwide building sector. The D-Sack offers several benefits over ordinary cement sacks, including the ability to vanish while mixing, reduce cement waste, do away with packaging waste, as well as save time.
The market for cement sacks is anticipated to be dominated by the plastic cement sacks segment, which is anticipated to have the biggest market share throughout the projected period. Due to their many advantages over paper bags, these plastic sacks are regarded as the most optimal product to be used in the cement packaging sector. First, plastic films provide water-resistant packaging, which is crucial for cement packing. It is a cost-effective option since it also decreases material waste. The plastic bag's spillage-free capabilities, which results in far less dust as well as spillage issues than a paper bag, is another significant characteristic. Additionally, the filling machine has found the plastic bag to be more ductile. Such factors are expected to boost segmental growth in the next few years.
Manufacturers of cement sacks in Europe are making substantial efforts to support the circular economy. Manufacturers are putting a lot of effort into using reusable content in packaging and spreading awareness about sustainable packaging. For example, Tarmac Cement was among the first cement producers in the UK to switch to using 50% recycled plastic in the production of totally recyclable hybrid bags. According to the corporation, millions of bags will transition to more environmentally friendly options as a result of the numerous new bagged cement products.
Region-wise, the Asia Pacific region currently dominates the global cement sacks market and is anticipated to do so during the projected period. The presence of the main cement-producing countries in the area and the quick increase in building activity in developing countries are to blame for the inflated demand for cement sacks.
Cement sacks are made of paper, plastics, and jute. Cement sacks have high strength and load-bearing capacity and are therefore used in the building & construction industry where there is a need for heavy duty packaging solutions. The packaging industry is focusing on end-user convenience.
To optimize efficiency and cost, higher preference is given to lightweight packaging solutions that deliver high performance at a lower cost. Cement sacks are custom designed to meet the requirements of shippers and provide high-quality protection that meets easy handling, shipping, service, and storage requirements.
Cement sacks are easy to manufacture and offer a number of added benefits that go a long way in making them one of the ideal preferences in the market. Furthermore, cement sacks are highly customizable and can be manufactured as per customer requirements.
Cement sacks made from plastic provides excellent water barrier. Paper sacks are manufactured using several layers of paper and can be layered with plastic films for providing a barrier against gas and moisture.
Also, what adds to the confidence of end-users is their ability of cement sacks to resist damage due to external agents like acids, organic solvents, and chemicals, which include degreasing agents. The tremendous increase in cement production will also increase the demand for packaging solutions such as plastic and paper cement sacks.
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Global Cement Sacks Market - Dynamics
The demand for cement has increased to a significant level in the emerging economies due to high growth in urbanization and industrial sectors. Cement sacks offer optimum strength and good material handling during transportation and shipping.
However, plastic cement sacks still dominate the cement packaging market in some countries but are expected to lose significance owing to the introduction of high-quality industrial paper cement sacks. It is noticed that despite being high in demand, there are very few manufacturers for cement sacks present in India and ASEAN countries.
This will create enormous growth opportunities for the new entrants in the cement sacks market. Manufacturers of cement sacks are ramping up their production lines to produce cement sacks designed to be compatible with sack filler machines.
Global Cement Sacks Market - Regional Overview
Canada is expected to witness the highest CAGR for the North America cement sacks market during the forecast period. Furthermore, in the Asia Pacific region, India and China are anticipated to witness substantial growth during the forecast period. Owing to the upsurge construction sector in these 2 emerging economies. However, the cement sacks market in Middle East & Africa is estimated to witness lethargic growth during the forecast period.
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Global Cement Sacks Market - Key Players
A few of the key players in the cement sacks market are Mondi Group Plc, Klabin S.A., BillerudKorsnäs AB, Smurfit Kappa Group Plc, Conitex Sonoco USA Inc., Segezha Group, LC Packaging International BV, Rengo Co., Ltd., Gascogne SA, Industrial Development Company Sal (Indevco), etc.
The report on cement sacks market is a compilation of first-hand information, and qualitative & quantitative assessment by industry analysts, as well as inputs from industry experts and industry participants across the value chain.
The report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segment. Cement sacks market also maps the qualitative impact of various market factors on market segments and geographies.
The global cement sacks market is divided into seven major regions, which are as follows
North America
Latin America
Europe
South Asia
East Asia
Oceania
Middle East & Africa (MEA)
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Global Cement Sacks Market - Segmentation
The global cement sacks market is segmented by material type, product type, and capacity. The pricing for cement sacks has being done based on material type segment in US$ million, and the volume is considered in tonnes.
On the basis of material type, the global cement sacks market is segmented into:
Plastic
High Density Polyethylene (HDPE)
Low Density Polyethylene (LDPE)
Linear Low Density Polyethylene (LLDPE)
Polypropylene (PP)
Polystyrene (PS)
Polyvinyl Chloride (PVC)
Other Plastic
Paper
Bleached Paper
Unbleached Paper
Jute
On the basis of product type, the global cement sacks market is segmented into:
Sewn Open Mouth
Pinched Bottom Open Mouth
Valve Sacks
Open Mouth Sacks
On the basis of capacity, the global cement sacks market is segmented into:
