PP (polypropylene) jumbo bag manufacturers are leveraging the coronavirus pandemic to lobby against regulations prohibiting plastics in packaging applications for short-term reprieves.
DUBAI, AE / ACCESSWIRE / August 31, 2020 / Future Market Insights: The PP (polypropylene) jumbo bags market is anticipated to display a healthy CAGR of 5.4% through the end of the forecast period in 2028. The coronavirus outbreak has been providing short term growth opportunities to market players with polypropylene packaging materials proving more resilient to viral growth and transmission. Retail, agriculture, and essential service industrial applications will support sales and revenue prospects.
“PP jumbo bags are produced and sold at low costs, and are characterized by easy handling and low weights. Consequently, these bags are used extensively in pharmaceuticals, food & beverages, agriculture, and chemical industries. These factors have positively influenced the adoption of such bags in bulk packaging applications compared to corrugated and rigid alternatives,” says the FMI study.
Request a report sample to gain comprehensive market insights at https://www.futuremarketinsights.com/reports/sample/rep-gb-7555
PP (polypropylene) Jumbo Bags Market – Important Takeaways
- Type D PP jumbo bags are witnessing strong traction, owing to electric charge dissipation and anti-flammability characteristics.
- Chemical and mineral transport applications account for substantial revenue growth, driven by chemical and construction material production sectors.
- Asia Pacific is likely to display strong growth largely driven by major demand for PP jumbo bags in chemical and agriculture sectors.
PP (polypropylene) Jumbo Bags Market – Driving Factors
- Characteristics of tensile strength, electric insulation, and UV stability along with superior ease of handling bolster adoption rates.
- High recyclability of polypropylene jumbo bags is helping maintain demand through sustainability initiatives.
PP (polypropylene) Jumbo Bags Market – Leading Constraints
- Continuing concerns over the environmental impact of producing and disposing PP jumbo bags is holding back growth.
- Strong competition from rigid packaging products limits growth of the PP jumbo bags market.
Expected Impact on Market by Coronavirus Outbreak
The coronavirus pandemic will have a marginal impact on the PP jumbo bags market. The industry is expected to witness a slight dip with applications in the construction and mining sector, owing to lockdown regulations. In addition, lockdown restrictions are delaying consignment delivery times. However, essential packaging applications in food, agriculture, pharmaceuticals, and waste management are creating key growth opportunities for market players to leverage for the duration of the crisis.
We Offer tailor-made Solutions to fit Your Requirements, Request Customization@ https://www.futuremarketinsights.com/customization-available/rep-gb-7555
Some of the leading players participating in the PP (polypropylene) jumbo bags market are Emmbi Industries, Berry Global Group, Sackmakers J&HM Dickson Ltd., Greif Inc., Intertape Polymer Group, Conitex Sonoco, Halsted Corp., AmeriGlobe LLC, and BAG Corp.
Players in the PP (polypropylene) jumbo bags market are investing in sustainability and circular economy initiatives to build on reuse and recycling operations, to minimize environmental concerns displayed by users.
For instance, LC Packaging has announced its collaboration with the German Prevent Waste Alliance including operations for the collection and recycling of PP jumbo bags. Conitex Sonoco has come up with calcium carbonate free PP jumbo bags with boost durability and reusability as part of sustainability initiative. Starlinger has also announced a circular packaging initiative for PP packaging products, which not only recycles existing resources but also saves raw material sourcing costs.
Request a Discount for this Report@ https://www.futuremarketinsights.com/request-discount/rep-gb-7555
More on the Report
FMI provides in-depth insights on the PP (polypropylene) jumbo bag market. The market is segmented in terms of capacity (250 kg to 750 kg, 750 kg to 1500 kg, and above 1500 kg), type (type A, type B, type C, and type D), design (u-panel, four-side panel, baffle, tabular, cross corner, and others), and end use (chemical & fertilizer, agriculture & food, building & construction, pharmaceutical, mining, and others).
Explore Coverage of FMI’s Packaging Landscape
Container Glass Market: Find insights on the global container glass market with analysis of statistics, segments, players, influencers, and business strategies adopted over a 10-year forecast period.
Next Generation Packaging Market: FMI’s report on the next generation packaging market provides insights on the market during 2015-2025. The study evaluates restraining forces, revenue sources, market leaders, and strategies.
Cosmetic Pencil and Pen Packaging Market: An analysis on the cosmetic pencil and pen packaging market with data on opportunities, growth levers, regional markets, restraints, regulatory policies, and strengths of market leaders.
Future Market Insights (FMI) is a leading provider of market intelligence and consulting services, serving clients in over 150 countries. FMI is headquartered in London, the global financial capital, and has delivery centers in the U.S. and India. FMI’s latest market research reports and industry analysis help businesses navigate challenges and make critical decisions with confidence and clarity amidst breakneck competition. Our customized and syndicated market research reports deliver actionable insights that drive sustainable growth. A team of expert-led analysts at FMI continuously tracks emerging trends and events in a broad range of industries to ensure that our clients prepare for the evolving needs of their consumers.
Mr. Abhishek Budholiya
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
For Sales Enquiries: firstname.lastname@example.org
For Media Enquiries: email@example.com
Press Release Source: https://www.futuremarketinsights.com/press-release/pp-jumbo-bags-market
SOURCE: Future Market Insights
View source version on accesswire.com: