Albany, New York, October 12, 2018: The bulk bags market is expected to witness promising growth prospects underpinned by key associated beneficial attributes such as greater efficiency and ease of transport in moving bulk materials. Chemical industry continues to remain the most lucrative end-use industry in the bulk bags market, accounting for leading revenue shares in the market.
Aforementioned intelligence is according to the report titled “Bulk Bags Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028,” added to Market Research Reports Search Engine’s (MRRSE) extensive repository. The report envisages an impressive growth at a high single-digit CAGR for the bulk bags market over the period of forecast. Manufacturers in the bulk bags market launching specialty bags for addressing industry-specific requirements and applications.
Being a cost-effect and an environment-friendly packaging alternative, bulk bags continue to witness increased preference among key industrial sectors for transportation of materials. Cost of transportation using bulk bags is curtails as use of pallets is eliminated, thereby reducing expenditure on secondary packaging. Relative durability, lightweight, and negation of additional protective packaging requirement, are key attributes of bulk bags that will continue to drive its market growth.
Bulk Bags Market: Report Summary
The report on the bulk bags market commences with a market overview, along with data on usage of bulk bags across applications. The report covers performance of bulk bags market on the basis of revenue. The overview section of the report encompasses key dynamics, including growth opportunities, challenges, trends, and drivers, for the bulk bags market for the period of forecast.
The report further provides a detailed analysis and forecast on the bulk bags market by splitting the market categorically into key segments, viz. capacity, fabric, design, end-use industry, and region. Average pricing of the bulk bags across geographies has been considered for arriving at accurate size of the market.
Growth outcomes of the bulk bags market on the basis of GDP growth rate, demand side, and supply side have been triangulated. Additionally, the Y-o-Y growth rate of the bulk bags market, at a global as well as regional level, has been taken into consideration while developing this report, for understanding the predictability and identifying right opportunities for the market growth.
Bulk Bags Market: Analysis on Competition Landscape
The final section of the report identifies and profiles key companies contributing to growth of the bulk bags market. Assessment on the competition landscape is of great value for the report readers, for better understanding latent opportunities present in the market.
The report also offers a dashboard view of the companies identified in the bulk bags market, on the basis of the categories of providers, key differentiators, and their company portfolio. A detailed SWOT analysis has also been provided for all the bulk bags manufacturing companies profiled in the report.
Key players that significantly underpin expansion of the bulk bags market, as identified by the report, include Berry Global Group, Inc., Intertape Polymer Group (IPG), LC Packaging International BV, Sackmakers J&HM Dickson Ltd, Yixing Wellknit Container-bag Co. Ltd., and Yantai Haiwan Plastic Products Co. Ltd.
Browse Full Global Bulk Bags Market Report with TOC : https://www.mrrse.com/bulk-bags-market
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