Global Valve Bag Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Global Valve Bag Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029

Valve bags are packaging bags filled by machines. The valve bags have just one small opening, the valve, in which to fill the bag. As soon as the bag is full, the interior pressure of the bag closes the valve to stop product from spilling over. Valve bags also known as valve sacks, which are designed for high speed filling on spout packers and are usually used to hold granular products from fine powders such as cement, through to plastic polymers, crumb rubber and granular foodstuffs such as sugar. Valve bags are also available with embossed strips to improve the stability when the bags are stacked or palletized. Moreover, valve bags are the most economical solution when it comes to high speed filling of materials. Offered in different sizes and colors, these bags have a valve that gets locked once the material is filled to the brim.

Market Overview:

The latest research study on the global Valve Bag market finds that the global Valve Bag market reached a value of USD 5790.71 million in 2022. It’s expected that the market will achieve USD 8084.89 million by 2028, exhibiting a CAGR of 5.72% during the forecast period.

Ease in customization of the valve bags

Ease in customization of the bags according to the need and convenience of the customers is another factor favoring valve bags market. The valve bag can be made as clients requests in the light of different demands from clients, including the logo or design printing, capacity request, size and quantity. High printing quality surface on valve bag make the product be more attractive. custom printing (front and back) and embossing (Anti-skid) feature on the bag can be provided. Ease in customization of the bags according to the need and convenience of the customers is another factor favoring valve bag market.

Stiff competition

With major manufacturers and suppliers in the valve bag industry competing globally, the intensity of competition within the valve bag industry has increased. The vendors adopt strategies like price competitions to stay competitive in the market. Meanwhile, the local vendors in developing nations are providing tough competition to the global players based on product pricing. The fierce competition is not conducive to the sustainable development of the industry. At the same time, small companies or small retailers enter the business consequently as venturing into a valve bag business does not require immense capital or investment. However, this leads to the proliferation of sub-standard or duplicate products which then hampers the competitive scenario in the market as established valve bag manufacturers are compelled to lower the price of their products, which ultimately impacts their profit margins and sales volumes. The fierce competition is not conducive to the sustainable development of the industry

Region Overview:

In 2021, the share of the Valve Bag market in Asia Pacific stood at 36.63%.

Company Overview:

Mondi, Hood Packaging, AILU Group, Smurfit Kappa Group and DETAI are the five key players in the global Valve Bag market. These companies have shown consistent growth in revenue, larger volumes of sales and a prominent presence in terms of share in the global Valve Bag market in the past 5 years.

Mondi

Mondi PLC manufactures and sells packaging and paper products. The Company offers industrial and consumer packaging solutions such as sack and specialty craft paper, container board, barrier coatings, professional printing, and industrial bags. Mondi is fully integrated across the packaging and paper value chain from the growing of wood and the manufacturing of pulp and paper (packaging paper and uncoated fine paper), to the conversion of packaging papers into corrugated packaging, industrial bags, extrusion coatings and release liner.

Hood Packaging

Established in 1978 as Southern Bag Corporation, Hood has expanded as a leading North American manufacturer of plastic film and bags, woven polypropylene bags, coated and laminated materials, and paper packaging. Hood Packaging is a quality manufacturer of packaging materials with 23 production facilities located in the United States and Canada.

Segmentation Overview:

As for product types, the PE-based Valve Bag segment held the largest market share in 2021.

Paper-based Valve Bag

Paper-based Valve Bag, otherwise known as paper valve bags are used extensively in the chemical, food, mineral, construction and agricultural markets to pack and transport smaller batch lots, typically 25kg, for easy manual handling and use. Paper-based Valve Bag are cost-effective and environment-friendly; the bags find wide application in different industries such as construction, minerals, food, chemical, and agriculture. The sizing of these varies from 8 kg to 50 kg and can be customize as per your needs; the sacks come in different varieties of valves and closures with sewn or glued bottoms.

PE-based Valve Bag

PE-based Valve Bag is designed for high speed filling on spout packer sand is usually perfect for a wide range of products such as plastic granules, cement, plastic polymers, crumb rubber and granular foodstuffs such as sugar. PE-based Valve Bag has an opening or valve in one corner through which the sack is filled. The valve could be made with an inner flap which function ns as a self-closing check valve after filling Polythene Valve Bag can be filled either automatically or manually with the main benefit of producing a square box type sack which sits very stable allowing you to store many bags on to a single pallet. PE-based Valve Bag is designed for the automated high-speed filling through the valve and it is a perfect packaging applicated for packing wide range products like powder, plastic granule, chemical, sugar, flour and animal feeds, fertilizer etc. The valve bag with a valve of self-closing function after filling, it can be filled either automatically or manually with the main benefit of producing a square block finish shape sacks which suitable for stack on pallets stably.

Application Overview:

The market's largest segment by application is the segment Cement and Building Materials, with a market share of 24.73% in 2021.

Key Companies in the global Valve Bag market covered in Chapter 3:

Aspla ES
Hood Packaging
Bag Supply Company
Bulldog Bag Ltd
El Dorado Packaging
DETAI
Alliance Polysacks Pvt. Limited
AILU Group
RKW Group
Mondi
Plastixx FFS
Langston Companies
Smurfit Kappa Group
Bischof und Klein
Nordfolien
Balcan

In Chapter 4 and Chapter 14.2, on the basis of types, the Valve Bag market from 2018 to 2029 is primarily split into:

Paper-based Valve Bag
PE-based Valve Bag
Others

In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Valve Bag market from 2018 to 2029 covers:

Cement and Building Materials
Animal Feed
Food
Chemicals
Others (Agricultural, Minerals etc.)

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:

North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)