Increasing Awareness about the choice of packaging is accelerating the demand for intelligent packaging solutions like Loop Handle Bags Growth of Loop Handle Bags Market
Packaging is becoming a vital constituent of modern life due to the avoidance of wastage, ease of transportation, storage and inclination of the consumer towards an extensive usage of bags. The recent awareness about the choice of packaging is accelerating the demand for intelligent packaging solutions like Loop Handle Bags, mostly used for packaging of garments. These bags find a wide range of applications in food & beverages, consumer goods, healthcare & pharmaceuticals, home care & personal care, and other industrial packaging applications.
Future Market Insights recent study suggests that the growth of the global Loop Handle Bags market is being driven by industrial applications for bulk packaging of products. Loop handle provides a better grip for handling. The handles are attached to bags with adhesives or are stitched to the jute bags. The FMI report further indicated that despite the positive outlook, the growth of the loop handle bags market might be affected. One of the factors is the stringent government rules and regulations against environmental pollution caused by the plastic.
Research shows great potential of blockchain technology bringing a huge change in the Loop Handle Bags. The technology is helpful in efficiently transporting the food worldwide and reducing the food wastage. Furthermore, it helps the producers of the food in accessing information regarding food grains from remote locations along with storing information pertaining to post-harvest storage processes. In addition to this, it also highlights the features such as-
Excellent convenience for carrying and storing products
Convenience of procurement
Increasing output with the same workforce
Reduced environmental impact
Resilience and adaptability to business disruptions
Enhanced performance and cost effectiveness
Customer experience
Employee experience
Revenue and profit growth
Business model innovation
To reach potential outcomes, organizations are investing in intelligent and innovative packaging solutions. Not just organizations, but various regions of the world are pushing their limits to attain maximum growth in the industry. For instance, the demand for 4-Loop FIBC bags in North America is likely to remain the highest in terms of both value and volume. The United States is predicted to have the largest 4-Loop FIBC market share, while Canada is expected to rise significantly throughout the projection period.
The packaging has become an important constituent of modern life due to the ease of storage, transportation, and inclination of consumers towards the usage of bags. The choice of packaging solution depends upon different needs of consumers. Loop handle bags provide all the features of a bag and have loop handles.
Loop handle bags are mostly used for packaging of garments. Loop handle bags find a wide range of applications in food & beverages, consumer goods, healthcare & pharmaceuticals, home care & personal care, and other industrial packaging applications. These bags are manufactured using different materials such as plastic, paper, jute etc. The market for loop handle bags is expected to be positive during the forecast period.
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Global Loop Handle Bags Market - Dynamics
Loop handle bags are used in industrial applications for bulk packaging of products. Loop handle provides a better grip for handling. The handles are attached to bags with adhesives or is stitched to the jute bags.
Loop handle bags are used in a variety of applications such as food & beverages, consumer goods, healthcare & pharmaceuticals, household & personal care, textile, and industrial applications. Textile and industrial applications are expected to be the key driver for the growth of the global loop handle bags market.
Furthermore, manufacturers of loop handle bags also manufacture customized design for loop handle bags. Loop handle bag manufacturers are focusing on developing eco-friendly bags due to increasing awareness against environmental pollution. The primary factor driving the growth of loop handle bags is shopping and brand promotion. These factors are expected to boost the growth of the loop handle bags market during the forecast period.
Despite the positive outlook, the growth of the loop handle bags market might be affected. One of the factors is the stringent government rules and regulations against environmental pollution caused by the plastic. These factors might hamper the growth of the global loop handle bags market during the forecast period.
Global Loop Handle Bags Market - Regional Outlook
Geographically, the global market for Loop Handle Bags has been divided into seven key regions as: North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excluding Japan, Middle East & Africa and Japan. Among these regions, the Asia Pacific excluding Japan region is expected to dominate the global loop handle bags market in terms of value and volume both. Countries like China and India are supposed to be the dominating countries in the Asia Pacific excluding Japan loop handle bags market during the forecast period.
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Global Loop Handle Bags Market - Key Players
Some of the key players operating in the global Loop Handle Bags market are following: Bring Back Bag, Sunder Products Company, Avon - Flex, Marklon, Tex In Private Limited, Essential Packaging Ltd., Dongguan Kinshun Packing Materials Co.,Ltd, Viva Plast Private Limited, International Plastics, American Plastic Mfg., Nantong Huasheng Plastic Products Co.,Ltd. Many local and unorganized players are expected to contribute in the global loop handle bags market during the forecast period.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
The report covers exhaust analysis on
Market Segments
Market Dynamics
Market Size
Supply & Demand
Current Trends/Issues/Challenges
Competition & Companies involved
Technology
Value Chain
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Regional analysis includes
North America (U.S., Canada)
Latin America (Mexico. Brazil)
Western Europe (Germany, Italy, France, U.K, Spain)
Eastern Europe (Poland, Russia)
Asia Pacific (China, India, ASEAN, Australia & New Zealand)
Japan
Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
Global Loop Handle Bags Market - Segmentation
Globally, the loop handle bags market has been segmented into product type, material type, capacity and application.
On the basis of material type, loop handle bags market has been segmented into:
Plastic
Polyethylene
Polypropylene
Others
Paper
Jute
Others
On the basis of capacity, loop handle bags market is segmented into:
Up to 500 grams
500 to 1000 grams
1000 to 2000 grams
2000 grams to 5000 grams
More than 5000 grams
On the basis of application, loop handle bags market has been segmented into:
