The scope of the publisher's recent study on the “Wicketed Bags Market Forecast to 2028 - COVID-19 Impact and Global Analysis - by Type (Loose Flap, Bottom Gusset, Side Gusset, and Others) and Application (Food, Pharmaceuticals, Personal Care and Cosmetic Products, Industrial Goods, and Others)” includes the factors fueling the market growth, revenue estimation and forecast, and market share analysis, along with the identification of significant market players and their key developments.
The wicketed bags market was valued at US$ 783.34 million in 2021 and is projected to reach US$ 1,045.62 million by 2028; it is expected to grow at a CAGR of 4.2% from 2021 to 2028. Wicketed bags are held together on a wicket (thin metal bar). The wicket makes it easy to dispense bags and package various items. The bags enhance the aesthetic appeal of a product and can augment product dispensing, along with durable packaging. Wicketed bags are largely used in many end-use industries due to their properties such as high tear resistance, tensile and break strength, transparency, eco-friendly, and durability. They are extensively utilized for packaging bakery food products, fruits, ice, vegetables, baby diapers, meat, and feminine hygiene products. It has been also used for semi-automatic, automatic, and manual load industrial applications.
Based on type, the wicketed bags market is segmented into loose flap, bottom gusset, side gusset, and others. The bottom gusset segment led the market with the largest share in 2020. Bottom-gusset bags are basically designed to contain larger and three-dimensional-shaped products. A bottom fold allows this bag to square off also creates a form-fitting and flat-surface bag end. Wicketed bag with bottom gusset is made of polyethylene. It is very transparent and glossy owing to the use of special polymers. It also comes with a perforation for easy opening, along with a strap handle to carry. The wicket in the bags makes it easier to bundle and be utilized on an automatic/semi-automatic filling line at the buyer’s end. These bags have multiple usages in the packaging of grocery, clothing, and sanitary products. They have features such as proper fitting, a flat end that provides an additional printing area, a fold (gusset) on the bottom, horizontal or vertical orientation for retail display. Rather than lying flat, these types of bags stand upright and tend to be versatile in case of size and shape. In addition, the overall size of a bottom gusset bag is usually large, even if they’re handling the same volume of product. Bottom gusset bags are usually used for confectionary packaging, pet food packaging, and coffee packaging.
The global wicketed bags market is segmented into five main regions-North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM). In 2020, Asia Pacific accounted for the largest share of the global wicketed bags market during the forecast period. The rising demand for food and personal hygiene products in nations, such as India and China, have contributed to the growth of wicketed bags market in Asia Pacific. Furthermore, the growing population, rising disposable income levels of the population, and substantial economic conditions are encouraging a consumer to spend more on consumer products, which is expected to drive the demand for wicketed bags across the region during the forecast period.
The ongoing pandemic has drastically altered the status of the plastic industry and has also impacted the growth of the wicketed bags market. The COVID-19 outbreak has further distorted operational efficiency and disrupted the value chains due to the sudden closure of national and international boundaries, creating revenue loss and damage. The disruptive value chain has had a negative impact on the raw material supply, which, in turn, is impacting the growth of the wicketed bags market. However, as the economies are planning to revive their operations, the demand for wicketed bags is presumed to rise globally. The packaging industry is a dynamically growing contributor to this demand since consumers are inclined toward ordering food products and other goods online. Moreover, the food and pharmaceutical segments are likely to bring growth opportunities for the market as wicketed bags are highly used in the packaging of food, personal hygiene, and pharmaceutical products. The corporate sectors have also resumed their operations with the imposition of several safety measures such as ensuring limited direct contact with visitors, strengthening and communicating proper hygiene practices, conducting complete sanitations, and eliminating personnel contact during shift changes.
The “Global Wicketed Bags Market Analysis to 2028” is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the wicketed bags market with detailed market segmentation by type, application, and geography. Based on type, the wicketed bags market is segmented into loose flap, bottom gusset, side gusset, and others. Based on application, the market is segmented into food, pharmaceuticals, personal care and cosmetic products, industrial goods, and others. Based on geography, the wicketed bags market is segmented into five main regions-North America, Europe, Asia Pacific, Middle East and Africa, and South America.
Reasons to Buy
The wicketed bags market was valued at US$ 783.34 million in 2021 and is projected to reach US$ 1,045.62 million by 2028; it is expected to grow at a CAGR of 4.2% from 2021 to 2028. Wicketed bags are held together on a wicket (thin metal bar). The wicket makes it easy to dispense bags and package various items. The bags enhance the aesthetic appeal of a product and can augment product dispensing, along with durable packaging. Wicketed bags are largely used in many end-use industries due to their properties such as high tear resistance, tensile and break strength, transparency, eco-friendly, and durability. They are extensively utilized for packaging bakery food products, fruits, ice, vegetables, baby diapers, meat, and feminine hygiene products. It has been also used for semi-automatic, automatic, and manual load industrial applications.
Based on type, the wicketed bags market is segmented into loose flap, bottom gusset, side gusset, and others. The bottom gusset segment led the market with the largest share in 2020. Bottom-gusset bags are basically designed to contain larger and three-dimensional-shaped products. A bottom fold allows this bag to square off also creates a form-fitting and flat-surface bag end. Wicketed bag with bottom gusset is made of polyethylene. It is very transparent and glossy owing to the use of special polymers. It also comes with a perforation for easy opening, along with a strap handle to carry. The wicket in the bags makes it easier to bundle and be utilized on an automatic/semi-automatic filling line at the buyer’s end. These bags have multiple usages in the packaging of grocery, clothing, and sanitary products. They have features such as proper fitting, a flat end that provides an additional printing area, a fold (gusset) on the bottom, horizontal or vertical orientation for retail display. Rather than lying flat, these types of bags stand upright and tend to be versatile in case of size and shape. In addition, the overall size of a bottom gusset bag is usually large, even if they’re handling the same volume of product. Bottom gusset bags are usually used for confectionary packaging, pet food packaging, and coffee packaging.
The global wicketed bags market is segmented into five main regions-North America, Europe, Asia Pacific (APAC), Middle East and Africa (MEA), and South America (SAM). In 2020, Asia Pacific accounted for the largest share of the global wicketed bags market during the forecast period. The rising demand for food and personal hygiene products in nations, such as India and China, have contributed to the growth of wicketed bags market in Asia Pacific. Furthermore, the growing population, rising disposable income levels of the population, and substantial economic conditions are encouraging a consumer to spend more on consumer products, which is expected to drive the demand for wicketed bags across the region during the forecast period.
Impact of the COVID-19 Pandemic on the Wicketed Bags Market
The ongoing pandemic has drastically altered the status of the plastic industry and has also impacted the growth of the wicketed bags market. The COVID-19 outbreak has further distorted operational efficiency and disrupted the value chains due to the sudden closure of national and international boundaries, creating revenue loss and damage. The disruptive value chain has had a negative impact on the raw material supply, which, in turn, is impacting the growth of the wicketed bags market. However, as the economies are planning to revive their operations, the demand for wicketed bags is presumed to rise globally. The packaging industry is a dynamically growing contributor to this demand since consumers are inclined toward ordering food products and other goods online. Moreover, the food and pharmaceutical segments are likely to bring growth opportunities for the market as wicketed bags are highly used in the packaging of food, personal hygiene, and pharmaceutical products. The corporate sectors have also resumed their operations with the imposition of several safety measures such as ensuring limited direct contact with visitors, strengthening and communicating proper hygiene practices, conducting complete sanitations, and eliminating personnel contact during shift changes.
Wicketed Bags Market by Region, 2020
The “Global Wicketed Bags Market Analysis to 2028” is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the wicketed bags market with detailed market segmentation by type, application, and geography. Based on type, the wicketed bags market is segmented into loose flap, bottom gusset, side gusset, and others. Based on application, the market is segmented into food, pharmaceuticals, personal care and cosmetic products, industrial goods, and others. Based on geography, the wicketed bags market is segmented into five main regions-North America, Europe, Asia Pacific, Middle East and Africa, and South America.
Reasons to Buy
- Highlights key business priorities in order to assist companies to realign their business strategies.
- The key findings and recommendations highlight crucial progressive industry trends in the global wicketed bags market, thereby allowing players to develop effective long-term strategies.
- Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
- Scrutinize in-depth the market trends and outlook coupled with the factors driving the market, as well as those hindering it.
- Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation and industry verticals.
Frequently Asked Questions about the Global Wicketed Bags Market
What is the estimated value of the Global Wicketed Bags Market?
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Who are the key companies in the Global Wicketed Bags Market?
Report Attribute | Details |
---|---|
No. of Pages | 165 |
Published | July 2021 |
Forecast Period | 2021 - 2028 |
Estimated Market Value ( USD
| USD 751.91 Million |
Forecasted Market Value ( USD
| USD 1045.62 Million |
Compound Annual Growth Rate | 4.2% |
Regions Covered | Global |
Table of Contents
1. Introduction
2. Key Takeaways
3. Research Methodology
4. Wicketed Bags Market Landscape
5. Wicketed Bags Market - Key Market Dynamics
6. Wicketed Bags - Global Market Analysis
7. Wicketed Bags Market Analysis - By Type
8. Wicketed Bags Market Analysis - By Application
9. Wicketed Bags Market - Geographic Analysis
10. Impact COVID-19 Pandemic on Global Wicketed Bags Market
11. Industry Landscape
12. Company Profiles
13. Appendix
Companies Mentioned
A selection of companies mentioned in this report includes:
- St. Johns Packaging
- Berry Global Inc.
- Bischof + Klein SE & Co. KG
- Mondi
- LPS Industries
- PAC Worldwide Corporation
- UFlex Limited
- Coveris
- Maco PKG.
- Sonoco Products Company