Global Valve Bags 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 Bags market finds that the global Valve Bags market reached a value of USD 5283.67 million in 2022. It’s expected that the market will achieve USD 7543.57 million by 2028, exhibiting a CAGR of 6.11% during the forecast period.
Influence of COVID-19 Outbreak on Valve Bags Industry Development
The COVID-19 Outbreak has led to a decline in offline passenger flow, and the advantages of e-commerce companies have become prominent. During the epidemic prevention and control period, some valve bags enterprises did not carry out internet marketing and promotion for their business, so they encountered great resistance in undertaking business. For enterprises that fail to make good use of network promotion means, there is almost no market development during the epidemic period, and the original offline market development plan is disrupted, and the epidemic will face fierce market homogenization competition, which is expected to have a great impact on the company's business throughout the year.
The epidemic will have a short-term impact on valve bags industry, but it is relatively limited. Due to the impact of the epidemic, the production of raw materials and equipment procurement and transportation supply are difficult to be in place, and upstream enterprises affect the work schedule of downstream enterprises. Equipment manufacturing and product manufacturing enterprises in valve bags industry are affected to different degrees, and the production and delivery work may be delayed to some extent. Meanwhile, if it fails to meet the customer's delivery time requirements according to the contract, it may lead to the customer looking for another enterprise and lose business.
Strength Paper-based Valve Bag itself has prominent advantages and is conducive to the development of the industry. Paper Pasted Valve Bags are safe, durable, efficient, and economical. They are a solidly constructed bag that have many uses that include holding grain, flour, sugar and other loose foodstuffs. the sacks come in different varieties of valves and closures with sewn or glued bottoms. Paper Pasted Valve Bags offer flexibility when packaging dry food products, fertilizers and wood products. Paper Pasted Valve bags can be lined or unlined and are used for both food grade and non-food grade products such as food starches, flour, resins and fertilizer. The powerful functions and benefits of Paper-based Valve Bag drive consumption, which is beneficial to the development of the industry
At present, the Paper-based Valve Bag belongs among the most frequently used packaging for most loose materials. This packaging gained its popularity mainly thanks to its excellent strength parameters, and its wide range of uses. Indisputably, the greatest advantage of the Paper-based Valve Bag is the fact that it does not unnecessarily burden the environment, and protects consumers' wallets against high fees for the liquidation of packaging waste. Thanks to the top quality and strength of the material used, two layers of paper are sufficient in the vast majority of cases – even for 50kg of product.
Region Overview:From 2023-2028, Asia Pacific is estimated to witness robust growth prospects.
Company Overview:Mondi is one of the major players operating in the Valve Bags market, holding a share of 3.67% in 2020.
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.
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:Among different product types, PE-based Valve Bag segment is anticipated to contribute the largest market share in 2028.
Application Overview:By application, the Cement and Building Materials segment occupied the biggest share from 2018 to 2022.
Key Companies in the global Valve Bags market covered in Chapter 3:Smurfit Kappa Group
Bischof und Klein
RKW Group
AILU Group
Bulldog Bag Ltd
Alliance
Balcan
Bag Supply Company
Mondi
Langston Companies
Plastixx FFS
Wiplast
El Dorado Packaging
Aspla ES
Nordfolien (Berry Group)
Hood Packaging
DETAI
Selene SpA
In Chapter 4 and Chapter 14.2, on the basis of types, the Valve Bags 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 Bags 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)