Woven Bags Market Size & Share | Industry Trends Analysis Report for 2032
The global woven bags market has shown consistent growth, with a valuation of approximately US$5.8 billion in 2021, marking a year-over-year growth of 3.2%. Projections indicate that this market will continue to expand steadily, with a projected compound annual growth rate (CAGR) of 4.3%, reaching an impressive valuation of US$9.2 billion by 2032. It’s worth noting that the woven bags market accounts for a significant share, approximately 18%, of the broader global bags market, valued at US$33 billion in 2022.
Within the woven bags segment, plastic woven bags, primarily made from polypropylene (PP), have gained prominence due to their non-toxic nature and 100% reusability. These bags are known for their strength, capable of withstanding heavy loads and resisting tears, which helps minimize product loss. Consequently, the polypropylene segment is anticipated to lead the global market during the forecast period.
Get a Report Sample Now: https://www.futuremarketinsights.com/reports/sample/rep-gb-14703
Key Takeaways from the Global Woven Bags Market
- Sales of the plastic woven bags segment is expected to increase by 1.6x of the current market sales, by the end of 2032.
- The consumption of block-bottom woven bags is estimated to capture a market share of 44% in 2022 and is estimated to outpace other segments during the assessment period.
- As per the end-use industry, building and construction is the leading segment representing prominent demand for woven bags
- The food and agriculture industries are expected to create significant revenue-generating opportunities for the key players.
- South Asia and East Asia are estimated to be prominent markets for woven bags.
“Eco-friendly woven bags using jute material in packaging are expected to gain traction in the next decade due to the consumer preference for recyclable and biodegradable woven bags” – comments an FMI analyst
Request Report Methodology: https://www.futuremarketinsights.com/request-report-methodology/rep-gb-14703
Global Woven Bags Market by Category
By Product Type:
- Pinch Bottom Bags
- Open Mouth Bags
- Valve Bags
- Gusseted Bags
- Block Bottom Bags
- Others (Perforated Bags, etc.)
By Material:
- Plastic
o Polypropylene (PP)
o Polyethylene (PE)
- Jute
By End Use:
- Agriculture
- Food
- Building & Construction
- Chemicals
- Retail
- Others (Tourism & Transport, etc)
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Middle East & Africa
- Oceania