An Incisive, In-depth Analysis on the Industrial Paper Sacks Market
This study offers a comprehensive, 360 degree analysis on the Industrial Paper Sacks market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Industrial Paper Sacks market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
Industrial Paper Sacks Market Analysis: Unbleached Industrial Paper Sacks to Remain Dominant in Terms of Market Share
The global industrial paper sacks market was valued at more than US$ 5.1 Bn in 2017. The industrial paper sacks market is forecast to expand at a CAGR of 4.9% during the forecast period, 2018-2028.
Industrial paper sacks are shipping bags usually made of kraft virgin fiber and are used for transporting dry powdered or granular materials such as flour, cement, and animal feed among others. Industrial paper sacks are made with several layers of heavy-duty kraft paper to provide strength. Plastic films are often coated on industrial paper sacks to make them moisture resistant. Industrial paper sacks are available with a sewed open mouth, pinched bottom mouth, valve, and open mouth sack. Reinforcements are added to industrial paper sacks for better strength. Manufacturers prefer industrial paper sacks as they are sustainable solutions for industrial packaging. Industrial paper sacks are designed to provide the required amount of stacking, as well as tear and rupture resistance. Industrial paper sacks are available in bleached and unbleached grades. Unbleached grade industrial paper sacks are expected to witness a positive growth, registering a CAGR of 5.0% during the forecast period. The manufacturing process of unbleached industrial paper sacks uses less primary energy and contributes less to the depletion of non-renewable resources than plastic sacks.
The Building & Construction Industry to Provide Remunerative Opportunities for the Growth of Industrial Paper Sacks Market
Escalating demand from the building and construction industry is driving the growth of the global industrial paper sacks market. The demand for cement has increased to a significant level in the emerging economies due to rapid urbanization and the growth of industrial as well as manufacturing sectors. Tremendous production of cement will increase the demand for its packaging. As a result, the demand for industrial paper sacks is expected to propel. The demand for industrial paper sacks in the building & construction industry is expected to outgrow the demand for plastic sacks due to the rising concerns about environmental pollution. Industrial paper sacks offer optimum strength and good material handling during storage and transportation. Plastic sacks dominate the cement packaging market in many countries, but it is expected that plastic sacks may lose significance during the forecast period due to the introduction of high-quality industrial paper sacks. Industrial paper sacks benefit from lower cost and higher filling speed than polyethylene sacks. The increased demand for high-filling speeds has led to the growth of porous sack papers. High-porosity industrial paper sacks when exposed to filling systems face less strain and offer lower sack breakage. The air escapes from the porous industrial paper sacks and the size of the sacks can be reduced by 4-10%. Industrial paper sacks reduce dusting while filling to ensure cleaner sacks.
Inclination Towards Sustainable Packaging to Boost Sales of Industrial Paper Sacks
Consumer preference for paper sacks is expected to drive the global industrial paper sacks market during the forecast period. Manufacturers are inclining towards sustainable and packaging solutions such as industrial paper sacks. Industrial paper sacks made from kraft paper have an enhanced porosity of 30% which results in filling speed that is three times higher than plastic sacks. Taking the limitations of industrial paper sacks into consideration, manufacturers are developing sacks that provide the advantages of plastic sacks along with the properties of paper sacks. As plastic sacks are often used for transportation and storage of materials in unsuitable climatic conditions, manufacturers are developing rain-safe industrial paper sacks.
Industrial Paper Sacks Market: Recent Developments
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Recently, Mondi Group manufactured a sustainable hybrid bag that offers the advantages of a plastic sack. Knauf, a leading producer of building materials collaborated with Mondi Group for the development of these hybrid bags. Conventional industrial paper sacks when exposed to direct rain absorb water and may weaken, thus, damaging the contents. Handling industrial paper sacks becomes difficult in harsh conditions and the shelf life of the packaged product gets affected. To overcome this, hybrid bags can be employed. The outer layer of the bag is made of polyethylene, allowing the sack to be stored outdoors. Hybrid bags are suitable for storing building & construction materials such as cement and gypsum. The bag’s polyethylene film has anti-slip properties which ensure safe handling during shipping.
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In March 2018, BillerudKorsnas AB launched a new dissolvable paper sack, i.e. D-sack. It can be used for the packaging of cement and other building materials. It is a dissolvable sack that can be disintegrated in the mixer and bio-based carbon is mixed in the construction material itself.
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Gascogne SA, has introduced a product range (Hybris), which combines the advantages of two different materials. The sack constitutes of traditional paper with a plastic appearance on the outside. Thus, it increases printing finish as well as ensures that the bag will remain intact during the filling process. The product range exists in different sizes and features such as a valve, pinch-bottom, SOS sacks, or open mouth.
By grade type, the unbleached segment of the industrial paper sacks market was valued at more than US$ 3.5 Bn in the year 2017. The pinched bottom open mouth segment of the industrial paper sacks market is anticipated to be the most lucrative segment in the global industrial paper sacks market and is projected to expand at a CAGR of 5.8% during the forecast period.
Industrial Paper Sacks Market: Competitive Landscape
The key players considered in the report on the industrial paper sacks market are Mondi Group plc, Smurfit Kappa Group Plc, Klabin SA, WestRock Company, BillerudKorsnäs AB, Gascogne SA, LC Packaging International BV, Simpac Ltd., Edna Group, Essentra Plc., Rosenflex UK Ltd, Novolex Holdings, Inc., Bischof & Klein GmbH & Co. KG, Industrial Development Company sal (Indevco), Segezha Group, Rengo Co., Ltd, Conitex Sonoco Inc., and Forum Packaging Ltd. among others. Many local and unorganized players are expected to contribute to the global industrial paper sacks market during the forecast period.
In this report, FMI offers a 10-year forecast of the global industrial paper sacks market between 2018 and 2028. In terms of value, the industrial paper sacks market is forecast to expand at a CAGR of 4.9%. The study reveals the market dynamics in seven geographic segments along with a market analysis for the current industrial paper sacks market environment and future scenario over the forecast period.
Report Description
This FMI report studies the global industrial paper sacks market for the period 2018–2028. The prime objective of this report is to offer insights and key market trends pertaining to the global industrial paper sacks market that gradually help transform global businesses.
The industrial paper sacks market numbers have been assessed by carefully scrutinizing the production of industrial paper sacks, in all the seven key regions for the current year, as well as the historical performance of the industrial paper sacks market. Market size and forecast for each segment in the industrial paper sacks market have been provided in the context of regional markets. All the segmentation for industrial paper sacks has been considered after appropriate secondary research and revalidation of the data obtained through interviews with key thought leaders in the industry. The industrial paper sacks market has been forecast based on constant currency rates.
A number of primary and secondary sources were consulted during the course of the study on the industrial paper sacks market. Secondary sources for data on industrial paper sacks trade include Factiva, various paper associations, as well as company annual reports & publications. Detailed trade data has been provided to assess the global industrial paper sacks market supply/demand scenario.
The global industrial paper sacks market report begins with an executive summary intended to give a clear perspective about the market to the reader. It is then followed by a thorough definition of industrial paper sacks and the market segmentation describing the scope of the study. This is to outline the significance of industrial paper sacks as a product, and the impact of their market growth on the industry.
A porter’s analysis section ensures a thorough understanding of the level of competition in the industrial paper sacks market. Porter’s analysis for the global industrial paper sacks market has been covered for the bargaining power of suppliers and buyers, threat of substitutes and new entrants, and the intensity of competition. This is followed by market dynamics and an overview of the global industrial paper sacks market, which includes FMI analysis of market drivers, restraints, trends, and opportunities that are affecting the growth of the industrial paper sacks market.
On the basis of product type, the industrial paper sacks market has been segmented into sewn-open mouth, pinched-bottom open mouth, valve sacks, and open-mouth sacks. Of these, the pinched-bottom open mouth segment is anticipated to grow at a healthy CAGR in the global industrial paper sacks market.
The grade type considered in the industrial paper sacks market study includes bleached and unbleached. Of these, the unbleached industrial paper sacks segment accounts for the major share of the global industrial paper sacks market.
The thickness considered in the industrial paper sacks market study includes up to 1 ply, 2 ply, 3 ply, and >3 ply.
On the basis of end-use, the global industrial paper sacks market has been segmented into building & construction, chemicals, agriculture & allied industries, food, and other industrial applications. The building & construction segment in the global industrial paper sacks market is expected to heavily dominate the market during the forecast period.
The next section of the report highlights the industrial paper sacks market by region and provides the market outlook for 2018–2028. The report evaluates the present scenario and growth prospects of the regional industrial paper sacks market for 2018–2028. The next section of the report highlights the industrial paper sacks market by region and provides the market outlook for 2018–2028. The study investigates the regional year-on-year (Y-o-Y) growth of the industrial paper sacks market. Key regions assessed in this report include North America, Latin America, Western Europe, Eastern Europe, Asia-Pacific excluding India, the Middle East & Africa (MEA) region, and India. The report evaluates the present scenario and growth prospects of the regional industrial paper sacks market for 2018–2028.
To ascertain the market size in terms of value and volume, the revenue generated by the key manufacturers of industrial paper sacks and their respective production capacity is taken into consideration. The forecast presented here assesses the total revenue generated by value across the industrial paper sacks market. In order to provide an accurate forecast, we started by sizing up the current market, which formed the basis on how the industrial paper sacks market is expected to develop in the future. Given the characteristics of the market, we have triangulated the outcome on the basis of three different types of analysis: based on supply side, downstream industry demand for industrial paper sacks, and the economic envelope. In addition, it is imperative to note that in an ever-fluctuating global economy, we not only conduct forecasts in terms of CAGR, but also analyse the market based on key parameters, such as Y-o-Y growth rates, to understand the predictability of the industrial paper sacks market and identify the right opportunities for players.
To understand the key growth segments in terms of growth and adoption of industrial paper sacks globally, in the final section of the report, a ‘dashboard view’ of the companies is provided to compare the current industrial scenario and their contribution to the total industrial paper sacks market. Moreover, it is primarily designed to provide clients an objective and exhaustive list of manufacturers in the industrial paper sacks market. Detailed comparative assessment of key providers specific to a segment in the industrial paper sacks market is also included. Report audiences can gain segment-specific manufacturer insights to identify and evaluate key competitors in the industrial paper sacks market.
The key manufacturers in the industrial paper sacks market profiled in this report include– Mondi Group plc, Smurfit Kappa Group Plc, Klabin SA, WestRock Company, BillerudKorsnäs AB, Gascogne SA, LC Packaging International BV, Simpac Ltd., Edna Group, Essentra Plc., Rosenflex UK Ltd, Novolex Holdings, Inc., Bischof & Klein GmbH & Co. KG, Industrial Development Company sal (Indevco), Segezha Group, Rengo Co., Ltd, Conitex Sonoco Inc., and Forum Packaging Ltd. among others. Many local and unrecognized players are expected to contribute to the global industrial paper sacks market during 2018-28.
Key Segments Covered in the Industrial Paper Sacks Market
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By Product Type
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Sewn-Open Mouth
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Pinched-Bottom Open Mouth
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Valve Sacks
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Open-Mouth Sacks
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By Grade
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Unbleached
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Bleached
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By Thickness
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1 ply
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2 ply
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3 ply
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>3 ply
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By End Use
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Building & Construction
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Mortar
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Cement
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Concrete
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Chemicals
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Agriculture & Allied Industries
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Crops
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Flour
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Coffee/Tea
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Fruits & Veg
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Seeds
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Animal Feed
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Others
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Food
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Sugar
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Salt
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Cacao
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Starch
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Others
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Other Industrial
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Key Regions Covered in the Industrial Paper Sacks Market
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North America
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U.S.
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Canada
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Latin America
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Brazil
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Mexico
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Rest of Latin America
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Western Europe
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Germany
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Italy
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France
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Spain
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NORDIC Countries
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U.K.
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BENELUX
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Rest of Western Europe
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Eastern Europe
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Russia
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Poland
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Rest of Eastern Europe
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Asia Pacific Excluding Japan (APACEI)
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China
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ASEAN
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Australia & New Zealand
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Japan
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Rest of APACEI
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Middle East & Africa (MEA)
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GCC Countries
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South Africa
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Northern Africa
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Rest of MEA
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