Plastic Bags and Sacks Market was valued at USD 22.8 million in 2020 and is expected to grow at a CAGR of 4% between 2021 and 2027. Demand increases in a variety of end use fields, including foodstuff, food & beverage, consumer goods and clothing and clothing, packaging, plastic bag and sack demand augmenting the forecast period. For example, about a third (128.8 tons) of plastic produced worldwide is used for packaging, according to the organization of the plastic garbage project. The most important amount of plastic waste comes from packaging companies two-thirds generated by furniture and one-third industrial and commercial; Americans use 10 billion plastic bags which this year requires 12 million barrels of oil to be manufactured.
Plastic bags & sacks are developed into two types of biodegradable and non-biodegradable plastic materials. In 2017,more than 85% of plastic bags & sacks were manufactured from non-biodegradable materials such as HDPE,LDPE,LLDPE, PP, PS and other plastics. Non-biodegradable plastics are highly preferred materials for the production of plastic bags & sacks, due to the cost effectiveness and availability of rich materials. Compared to non-biodegradable plastics, biodegradable plastics consume a large amount of resources for processing, resulting in higher material costs. Biodegradable Plastic bags and sacks are eco-friendly and degradable compared to oily plastic(non-biodegradable plastic).
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Top Major Key Players Industries
Wells Plastics Ltd.,
Novolex,
Shabra Group,
JUNER Plastic packaging Co.,
Xtex Polythene Ltd.,
SahachitWatana Plastic Industry Co.,Ltd.,
Dagoplast AS,
Symphony Polymers Pvt Ltd.,
International Plastics Inc.,
Sarah Bio Plast,
Ampac Holdings LLC,
EXTRAPACK Ltd.,
Bulldog Bag Ltd.,
Abbey Polyethene.
By Material
Biodegradable Plastic
PLA
PHA
PBS
Starch Blend
Others
Non-Biodegradable Plastic
HDPE
LDPE
LLDPE
PP
PS
Other Plastics
By Product
T Shirt Bags
Gusseted Bags
Lay Flat Bags
Trash Bags
Rubble Sacks
Woven Sacks
Other Bags
By Application
Retail & Consumer
Grocery Products
Food & Beverages
Clothing & Apparels
Other Consumer Goods
Institutional Services
Hospitality
Healthcare
Other Applications
Industrial Applications
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Scope of the Report
The research study analyzes the global Warehousing Logistics Robots industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size andor Volume
o Latin America Market Size andor Volume
o Europe Market Size andor Volume
o Asia-Pacific Market Size andor Volume
o Rest of the world Market Size andor Volume
Key Questions Answered by Warehousing Logistics Robots Market Report
What was the Warehousing Logistics Robots Market size in 2018 and 2021; what are the estimated growth trends and market forecast (2021-2027).
What will be the CAGR of Warehousing Logistics Robots Market during the forecast period (2021-2027)
Which segments (product type or applications or end-user) were most attractive for investments in 2018 How these segments are expected to grow during the forecast period (2021-2027).
Which manufacturer vendor or players in the Warehousing Logistics Robots Market was the market leader in 2018
Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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