The market in plastic packaging sacks looks set to continue to grow in the near future, with analysts forecasting a compound annual growth rate (CAGR) of 2.61 percent in the period to 2021.
A recent report, Global Plastic Packaging Sacks Market 2017-2021, covering the predicted growth of this type of industrial packaging and major factors affecting it, as well as listing key vendors, was based on in-depth market analysis and had input from various experts in the industry. It focuses on an analysis of comprehensive and reliable data which has been gathered from in-depth research from a number of sources, both primary and secondary.
The report sets out the major factors which have led to the predicted increase in the use of plastic packaging. Main drivers include the requirement to reduce transport costs through the reduction of weight, in addition to the need to ensure durability and strength. It also comments on the various opportunities available for the sector; certain challenges specific to the industry; and other important issues which may affect the market.
Plastic packaging sacks are flexible, standardised bulk bags which are used as the main industrial packaging for many different types of dry, granulated or loose materials. They are primarily used for storing, protecting, transporting and handling products or goods in larger quantities from their centres of manufacture to various distribution centres, where they will then be packaged for clients or customers.
The bags are often customised to ensure that they fully comply with clients’ diverse needs.
Plastic packaging sacks, which are principally made from high-density polyethylene (HDPE) or polypropylene (PP), are mainly used in the chemical and fertiliser sectors because they will not react with any contents – an important consideration in these industries.
Plastic industrial packaging is long-lasting and practical, being resistant to moisture, corrosion and decay. Using such materials to package potentially reactive and often dangerous goods such as chemicals and fertilisers means that manufacturers and clients can be assured of their safety and durability at all times.
Relying on jute or paper sacks to contain such materials could lead to leaks or damage, with potentially dangerous results.
But plastic packaging is used in other sectors, too. These include horticulture, food and the construction industry. In fact, it is mainly the horticulture and food industries which have led to the significant growth in their use in recent years.
In addition to being practical and durable, plastic packaging also has other benefits. These include the fact that they weigh less than many other types of packaging. And as weight means money when transporting goods, they can result in a considerable reduction in transportation costs.
The challenges to the market include complying with increasingly strict packaging regulations imposed by regulatory authorities, for example, the implementation of environmentally-friendly policies which aim to limit the damage done to the environment by plastic. It is important that the industry takes steps to ensure that it both meets and exceeds any laws and limitations brought in to protect the environment, by adapting and innovating new technologies.