PP
jumbo bags are made of polypropylene, which is thickly woven and are used to
store and transport industrial products, building and construction products,
fertilizers, pharmaceuticals, chemical, food, and agriculture products. The
capacity of these bags ranges from 200kg to 2000 kg. However, some specially
customized bags can hold over 2000 kg. PP jumbo bags are used in end-user
industries such as agriculture, building and construction, and mining. One
variance of these bags is four-side panel PP jumbo bags, which are created by
sewing four individual pieces in a square-shaped form. These bags have an
anti-static fabric that can be used to carry high flammable goods. These bags
are easy to accumulate hence are easier to store and transport. Four-sided
panel PP jumbo bags are mainly used in fertilizers, chemicals, and food
industries.
Market
Dynamics
Main
factors influencing growth of the market are increasing
demand for convenient packaging and biodegradable variety to plastic. PP
jumbo bags are easier to handle and transport, and this is fueling the
demand for these bags in the market. The demand is mainly arising from
industries such as chemical, food, agriculture, and fertilizer. Moreover owing
to the properties such as UV stability, good electric insulation, less shipping
cost, and excellent tensile strength the popularity of these bags is
increasing. The best feature of the PP jumbo bags is that they are
biodegradable, which means the consumer does not feel guilty in harming the
environment. These bags can be recycled and repurposed in applications such as
auto parts, cables, and trays. The bags can also be reused after proper
inspection and cleaning. These factors are enhancing the consumer demand for
these bags.
Even
though the PP jumbo bags market has no such restraining factor, however, the
COVID-19 scenario is having a marginal impact on the market. The market is
estimated to witness some challenges, owing to stringent lockdown measures on
all the industrial sectors.
This
market is distributed in five regions that include North America, Europe, Asia Pacific,
Middle East, and Africa, and Latin America. Among these, Asia Pacific is expected
to hold a bigger share of the market, owing to favorable growth of end-use
sectors such as food, agriculture, and chemicals in this region. For instance,
according to a report by the Department of Chemicals and Petrochemicals, the
Indian chemical industry budget for the financial year 2020 was around US$ 29
million.
Competitive
Analysis
Major
players operating in the PP jumbo bags market include GLOBAL-PAK, Inc., Berry
Global Group, Inc., Conitex Sonoco, Halsted Corporation, Material Motion, Inc.,
Intertape Polymer Group, Sackmaker J&HM Dickson Ltd., Mondi Group, Jumbo
Bag Ltd., and Taihua Group.
In
September 2020, Global-Pak developed a new facility in Lisbon, Ohio to meet the
immediate demand for PP jumbo plastic bags from the U.S.
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