Market Research Analysis Plastic Bag and Sack Market 2022 - Demand and Sale | Page 2

Bags and sacks offer profits that are desirable for consumers and the lightweight packaging industry: good printability,
appealing looks, material saving, and increasingly often reusability. Their usability for food remains to surge. The
market may be explored by material type, product type, end users and geography. The market may be explored by
material type as non-biodegradable (HDPE, LDPE, LLDPE, PP, PS, and others), and biodegradable (PLA, PHA, PBS, starch
blends and other plastics). The “Non-Biodegradable” segment led the plastic bag and sack market in 2017 and will
continue to lead in the forecast period. The key factors that may attributed to the growth of market includes eco-
friendly and high demand.
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Based on product type, the market could span lay flat bags, gusseted bags, trash bags, t-shirt bags, woven sacks, and
rubble sacks. The market could be explored based on end users as retail & consumer, industrial and institutional.
Asia-Pacific accounted for the major share of the market in 2017 and will continue to lead in the forecast period. The
factors that could be attributed to the growth include improvement in manufacturing technologies, rising government
investment in various industries, and growing urbanization and middle-class income. Asia-Pacific is followed by the
North American region.
Some of the key players that fuel the growth of the plastic bag and sack market comprise Unistar Plastics, Superbag,
Advance Polybag, Cardia Bioplastics, New Quantum, No Volex, T.S.T Plaspack, Olympic Plastic Bags, Xtex Polythene,
Sahachit Watana, Biobag, Papier-Mettler, Shenzhen Zheng Wang, Thantawan, plastic, Rongcheng Libai, Dongguan
Xinhai, Shenzhen Sanfeng, Jiangsu Tories, Shandong Huanghai, Rizhao Huanuo, Leyi, Weifang Baolong, Huili, Tianjin
Huijin and Weifang Longpu. The leading companies are taking up partnerships, mergers and acquisitions, and joint
ventures in order to boost the inorganic growth of the industry.
Market Segment:
The reports help answer the following questions:
• What is the current size of the plastic bag and sack market in the world and in the top 10 global countries?
• How is the plastic bag and sack market divided into different product segments?
• How are the overall market and different product segments growing?
• How is the market predicted to develop in the future?
• What is the market potential compared to other countries?