Global Textile Bags Market
Global Textile Bags Market was valued at US$ 1.80 Billion in 2021, estimated to reach US$ 2.45 Billion in 2027, with a CAGR 5.27% from 2022-2027.
Bags which are recyclable, reusable, and biodegradable are called Textile Bags and these are also tear resistant and moisture absorbent. The quality and purity of products inside them get protected with the help of these bags.
Market Drivers
Key factors that drive the market growth is rise in environmental concerns has led to a decrease in usage of plastic and the usage of cotton and burlap fabric textile bags.
Moreover, Governments of various countries are taking initiatives to decrease the usage of plastic bags. Also, Penalties or fines charged by several organizations and governments on the usage of single-use plastic bags is compelling retailers to shift to textile bags.
Additionally, increase in consumer preference for reusable and recyclable products is likely to drive the global demand for textile bags.
Market Restraints
One of the key restraining factors of the Global Textile Bags Market is the use of bio-degradable polypropylene woven bags and paper bags.
Also, the substantial change in manufacturer’s preferences towards paper-based products may hamper the growth of textile bags.
Market Segmentation
Textile Bags Market is segmented into major 4 categories. Based on Material Type, the market is divided into Cotton, Burlap, Others. Based on Distribution Channel, the market is segmented into Retailers, Wholesalers, E-commerce. Based on Region, the market is segmented into North America, Europe, Asia Pacific, Latin America, Middle East.
Regional Analysis
Textile bags market is anticipated to witness significant growth in the Europe region, due to the augmentation in government Regulations on plastic products.
The textile bags market in Asia Pacific is also likely to grow significantly in the forecast period owing to the change in consumer preferences in the region with respect to plastic-based goods and increase in awareness about eco-friendly packaging.
Market Key Players
Some of the key players operating in Global Textile Bags Market are Hubco, Inc., Columbia Packaging Group, Frontier Bag Company, ACE Packaging, John Pac, LLC, BOSTON BAG CO, Michael Kors, BIDBI, H&M Group, XIAMEN NOVELBAG CO., LTD.
Industry development
June 2022 Ace Packaging Solutions, an Industrial Packaging Distribution company specializing in custom packaging solutions, has acquired Aurora, Illinois based Facility Supply Systems, a packaging distribution company with a focus on facility maintenance and green packaging and cleaning supplies.
August 2019 Hubco Inc launched Protexo bags which are made of high-count bleached cloth and equipped with a natural polished drawstring and GOLDEN MAGIC MARK water-proof, insect proof and mildew proof 2 x 3-inch tag.
Global Textile Bags Market TOC
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Feedstock Types
3 Executive Summary
4 Global Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Textile Bags Market, By Material Type
5.1 Y-o-Y Growth Comparison, By Material Type
5.2 Global Textile Bags Market Share Analysis, By Material Type
5.3 Global Textile Bags Market Size and Forecast, By Material Type
5.3.1 Cotton
5.3.2 Burlap
5.3.3 Others
6 Global Textile Bags Market, By Distribution Channel
6.1 Y-o-Y Growth Comparison, By Distribution Channel
6.2 Global Textile Bags Market Share Analysis, By Distribution Channel
6.3 Global Textile Bags Market Size and Forecast, By Distribution Channel
6.3.1 Retailers
6.3.2 Wholesalers
6.3.3 E-commerce
7 Global Textile Bags Market, By Region
7.1 Global Textile Bags Market Share Analysis, By Region
7.2 Global Textile Bags Market Share Analysis, By Region
7.3 Global Textile Bags Market Size and Forecast, By Region
8 North America Global Textile Bags Market Analysis and Forecast (2022 – 2027)
8.1 Introduction
8.2 North America Global Textile Bags Market Share Analysis, By Material Type
8.3 North America Global Textile Bags Market Size and Forecast, By Distribution Channel
8.4 North America Global Textile Bags Market Size and Forecast, By Country
8.4.1 U.S.
8.4.2 Canada
8.4.3 Mexico
9 Europe Global Textile Bags Market Analysis and Forecast (2022 – 2027)
9.1 Introduction
9.2 Europe Global Textile Bags Market Share Analysis, By Material Type
9.3 Europe Global Textile Bags Market Size and Forecast, By Distribution Channel
9.4 Europe Global Textile Bags Market Size and Forecast, By Country
9.4.1 Germany
9.4.2 France
9.4.3 UK
9.4.4. Rest of Europe
10 Asia Pacific Global Textile Bags Market Analysis and Forecast (2022 – 2027)
10.1 Introduction
10.2 Asia Pacific Global Textile Bags Market Share Analysis, By Material Type
10.3 Asia Pacific Global Textile Bags Market Size and Forecast, By Distribution Channel
10.4 Asia Pacific Global Textile Bags Market Size and Forecast, By Country
10.4.1 China
10.4.2 Japan
10.4.3 India
10.4.4. Rest of Asia Pacific
11 Latin America Global Textile Bags Market Analysis and Forecast (2022 – 2027)
11.1 Introduction
11.2 Latin America Global Textile Bags Market Share Analysis, By Material Type
11.3 Latin America Global Textile Bags Market Size and Forecast, By Distribution Channel
11.4 Latin America Global Textile Bags Market Size and Forecast, By Country
11.4.1. Brazil
11.4.2. Rest of Latin America
12 Middle East Global Textile Bags Market Analysis and Forecast (2022 – 2027)
12.1 Introduction
12.2 Middle East Global Textile Bags Market Share Analysis, By Material Type
12.3 Middle East Global Textile Bags Market Size and Forecast, By Distribution Channel
12.4 Middle East Global Textile Bags Market Size and Forecast, By Country
12.4.1. Saudi Arabia
12.4.2. UAE
12.4.3. Egypt
12.4.4. Kuwait
12.4.5. South Africa
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 Hubco, Inc.
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 Columbia Packaging Group
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 Frontier Bag Company
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 ACE Packaging
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 John Pac, LLC
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 BOSTON BAG CO
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 Michael Kors
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 BIDBI
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 H&M Group
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 XIAMEN NOVELBAG CO., LTD.
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies
