The mesh bag market is set for significant expansion, with an anticipated valuation of USD 1.5 billion by 2023. The market displays a considerable trend, featuring a rise of 3.2% CAGR, expected to endure until 2033. The consistent growth forecasts indicate that the global mesh bag market is poised to achieve an impressive valuation of USD 2.1 billion by 2033.
Key Market Trends and Highlights
Attributes | Key Insights |
---|---|
Market Estimated Size in 2023 | USD 1.5 billion |
Projected Market Size in 2033 | USD 2.1 billion |
Value-based CAGR from 2023 to 2033 | 3.2% |
Don't pay for what you don't need
Customize your report by selecting specific countries or regions and save 30%!
The global mesh bag market insights scope expanded at a 3.93% CAGR between 2018 and 2022. The mesh bag market is anticipated to develop at a CAGR of 3.2% over the forecast period from 2023 to 2033.
Attributes | Details |
---|---|
Market Value in 2018 | USD 1.2 billion |
Market Value in 2022 | USD 1.4 billion |
CAGR from 2018 to 2022 | 3.93% |
The global mesh bag market steadily grew during this period, with a CAGR of 3.93%. In 2018, the market was valued at USD 1.2 billion, which grew to USD 1.4 billion by 2022.
The growth was underpinned by a rising demand for sustainable and breathable retail bags, mainly for carrying fruits and vegetables. The market performance in these years was primarily influenced by the increasing emphasis on eco-friendly alternatives and the advantages of mesh bags in keeping produce fresh.
Looking ahead, the mesh bag market is expected to maintain moderate growth, with a projected CAGR of 3.2% during the forecast period from 2023 to 2033. The market will continue to benefit from the ongoing transition towards sustainable practices in the retail sector, with consumers and manufacturers favoring eco-friendly options over traditional plastic bags.
Mesh bags, with their excellent breathability and product visibility, are well-positioned to thrive in this evolving market landscape. The forecasted growth reflects the market's potential to address the demand for sustainable and fresh-produce-friendly retail solutions in the coming years.
The table below showcases values shares and CAGRs from the five countries spearheaded by the United States, the United Kingdom, Germany, China, and India.
CAGR by 2033
The United States | 2.20% |
---|---|
The United Kingdom | 3.60% |
Germany | 1.60% |
China | 5.40% |
India | 5.90% |
The increasing adoption of mesh bags in the United States for use as laundry bags is poised to drive the growth of the North America mesh bags market in the coming years. With a projected CAGR of 2.20% by 2033, this trend is attributed to the practicality of mesh bags, allowing convenient product display and pre-packing for laundry purposes.
The high demand for Leno mesh bags among supermarkets and grocery stores in the United States, specifically for packaging citrus fruits, shellfish, firewood, nuts, and onions, is another pivotal factor expected to impact the regional market positively. Leno mesh bags are preferred for their breathability, structural integrity, and durability, making them an ideal choice for a wide range of produce packaging needs, further boosting the market prospects in the United States.
The United Kingdom mesh bag market is poised for steady growth with a CAGR of 3.60% as consumers increasingly embrace sustainable retail options.
Mesh bags, known for their breathability and product visibility, are gaining traction as eco-friendly alternatives to plastic bags. They are trendy for carrying vegetables and fruits, and their customization options, like monogramming and color selections, provide customers with a personalized shopping experience.
Germany mesh bag market is witnessing an upsurge in demand, driven by the growing preference for sustainable retail bags with a CAGR of 1.60% by 2033.
As the awareness of environmental issues and the need for eco-friendly solutions rise, manufacturers focus on producing mesh bags, often made of cotton, as a more sustainable choice than traditional plastic bags. These bags have the advantage of keeping fruits and vegetables fresh for extended periods due to their breathability, ensuring that the market continues to expand.
China mesh bag market is experiencing remarkable growth, with a projected CAGR of 5.40% by 2033.
Factors contributing to this growth include rising disposable income, increased awareness of infusion therapies, and a growing geriatric population. The elderly people, susceptible to chronic conditions like diabetes, has fueled the demand for infusion therapies, making it a significant driver of market expansion.
India mesh bag market is expected to grow at a CAGR of 5.90% by 2033, driven by the surging adoption of specialty infusion systems, increased private sector and government funding, and rising healthcare expenditure.
Technology advancements favor the launch of user-friendly and technologically innovative infusion systems. Moreover, private payers reimbursement values promote home-based infusion therapy, boosting revenue growth in the home infusion segment.
Get the data you need at a Fraction of the cost
Personalize your report by choosing insights you need
and save 40%!
The table below highlights how cotton is projected to lead the material market, expanding at a market share of 38.70% in 2023. The table further details how diabetes is anticipated to witness a market share of 49.10% in 2023.
Category | Value Share in 2023 |
---|---|
Cotton | 38.70% |
Fruits and Vegetables | 49.10% |
In the global mesh bag market, cotton is set to dominate, with a projected market share of 38.70% in 2023. The material choice is indicative of a growing emphasis on sustainability and eco-friendliness.
Cotton mesh bags are favored for their durability, breathability, and ability to provide long-lasting freshness to various contents. As consumers and businesses increasingly shift away from single-use plastics, cotton mesh bags are emerging as a responsible and reusable alternative for packaging and carrying goods.
The significant market share of cotton reflects the rising demand for sustainable retail bags, especially in comparison to conventional plastic options. The material market leadership underscores the importance of environmentally conscious choices in the mesh bag industry.
In the mesh bag market, the fruits and vegetables category is expected to account for a substantial market share of 49.10% in 2023. These mesh bags have found a particular niche in the packaging and transportation of fresh produce. Their design offers excellent product visibility and breathability, making them ideal for carrying fruits and vegetables.
Sustainability hence, becomes a paramount consideration in consumer choices, these bags align with the preference for eco-friendly options. The inherent breathability of mesh bags helps maintain freshness by allowing proper air circulation, extending the shelf life of perishable goods. With a strong focus on reducing single-use plastics and minimizing environmental impact, the fruits and vegetables segment in the mesh bag market continues to gain prominence, emphasizing the growing importance of eco-conscious packaging solutions.
Many key mesh bag markets are inclined to invest significantly in innovation, research, and development practices to uncover increased applications of the mesh bag market. With technology, players also focus on ensuring safety, quality, and customer satisfaction to captivate an increased customer base. Some of the latest development include
Some of the products are
Key Players | Products |
---|---|
Volm Companies |
|
SG Global Packaging |
|
Min Shen Enterprise |
|
Attributes | Details |
---|---|
Estimated Market Size in 2023 | USD 1.5 billion |
Projected Market Valuation in 2033 | USD 2.1 billion |
CAGR Share from 2023 to 2033 | 3.2% |
Forecast Period | 2023 to 2033 |
Historical Data Available for | 2018 to 2022 |
Market Analysis | Value in USD billion |
Key Regions Covered | North America; Latin America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; The Middle East and Africa |
Key Market Segments Covered | Material Type, Product Type, Mesh Type, Capacity, End Use, Region |
Key Countries Profiled | The United States, Canada, Brazil, Mexico, Rest of Latin America, Germany, The United Kingdom, France, Spain, Italy, Rest of Western Europe, Russia, Poland, Czech Republic, Romania, Rest of Eastern Europe, India, Bangladesh, Australia, New Zealand, Rest of South Asia and the Pacific, China, Japan, South Korea, GCC countries, South Africa, Israel, Rest of the Middle East and Africa |
Key Companies Profiled | Vedder Industrial; Volm Companies; SG Global Packaging; Karatzis; Krishna Polynet; Min Shen Enterprise; Cady Bag; Agribag |
The mesh bag market is expected to reach a valuation of USD 1.5 billion in 2023.
India will expand at a CAGR of 5.90% by 2033.
The mesh bag market is set to expand by a CAGR of 3.2% by 2033.
The mesh bag market is forecasted to reach USD 2.1 billion by 2033.
Cotton is preferred and expected to rise to a market share of 38.7% in 2023.
Explore Packaging Insights
View Reports