Wicketed Bags Market to Grow at a CAGR of 4.2% to reach US$ 1,045.62 Million from 2021 to 2028
The wicketed bags market was valued at US$ 751.91 million in 2020 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.
Asia Pacific is anticipated to hold the largest share of the 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.
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Wicketed Bags Market: Strategic Insights
Market Size Value in US$ 751.91 Million in 2020 Market Size Value by US$ 1,045.62 Million by 2028 Growth rate CAGR of 4.2% from 2021-2028 Forecast Period 2021-2028 Base Year 2021
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Wicketed Bags Market: Strategic Insights
| Market Size Value in | US$ 751.91 Million in 2020 |
| Market Size Value by | US$ 1,045.62 Million by 2028 |
| Growth rate | CAGR of 4.2% from 2021-2028 |
| Forecast Period | 2021-2028 |
| Base Year | 2021 |
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Market Insights
Growing Demand for Flexible Packaging
Flexible packaging is widely utilized owing to properties such as durability, cost-effectiveness, and low weight. Wicketed bags as flexible packaging enhances the aesthetic appeal of any product, help storing products in limited spaces, and can augment the dispensing of products, coupled with durable packaging. Hence, a growing inclination of product manufacturers toward the preference of flexible packaging solutions over the rigid packaging in primary packaging is driving the growth of wicketed bags. In addition, wicketed bags are further customizable as per industry requirements. Flexibility in manufacturing allows stretch films to be one of the most sought post packaging solutions in institutional, retail & consumer, and industrial sectors. Wicketed bags provide high puncture and tear-resistant, as well as offer high reliability while it comes to food packaging. All these factors are presumed to accelerate the demand for wicketed bags among the industry players. The advent of the ongoing COVID-19 pandemic has positively impacted the global wicketed bags market, leading to an increase in food & beverages sales, as consumers and businesses practice social distancing to restrict contact by choosing for online delivery. Moreover, the rise in consumer awareness of the need for hygiene products has grown dramatically after the spread of the virus. Manufacturers are also focusing on adopting packaging materials, which have protective properties that offer a barrier to shield the products from contaminants throughout transit to ensure the virus is minimally viable on the packaging surface. The pandemic has also resulted in the isolation of consumers at home. People are resorting to panic-buying along with bulk stocking owing to the fear of lockdowns. More consumers are ordering daily staples and fresh food mainly through online channels, which again leads to a rise in the demand for flexible plastic packaging such as wicketed bags. Governments of many affected countries, e.g., India, have asked food manufacturers to ramp up production mainly to avoid supply-side shocks and shortages. FMCG companies are highly responding by demanding more flexible plastic packaging products. All these factors are influencing the market for wicketed bags.
Type Insights
Based on type, the global wicketed bags market is segmented into loose flap, bottom gusset, side gusset, and others. The bottom gusset segment is anticipated to hold the largest share of the market during the forecast period. 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, and excellent seal strength for product protection. 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.
Application Insights
Based on application, the global wicketed bags market is segmented into food, pharmaceuticals, personal care and cosmetic products, industrial goods, and others. The food segment is anticipated to hold the largest share of the market during the forecast period. Most of the companies are offering clear wicketed bags, which meet FDA and USDA specifications for food contact. A bottom gusset bag provides an extra space for the proper arrangement and presentation of food items. Wicketed bags are usually manufactured using a lip in which two holes along with a metal wicket secure the top of the bag together. This design creates a pre-opened bag that, when filled, can also be torn away, leaving the next bag ready for filling. These bags are highly utilized for packaging bakery products, bread, ice, grocery items, and many other food products.
St. Johns Packaging, Berry Global Inc., Bischof + Klein SE & Co. KG, Mondi, LPS Industries, PAC Worldwide Corporation, UFlex Limited, Coveris, Maco PKG., and Sonoco Products Company are a few well-established players operating in the global wicketed bags market. These companies offer their products worldwide, which help them in catering to a wider customer base. The major market players are highly focused on the development of high-quality and innovative products to meet the customer’s requirements. Over the past a few years, the companies operating in the market have realized the immense potential pertaining to the wicketed bags market, and they are adopting strategies such as mergers & acquisitions and product launches. For instance, in 2021, St. Johns Packaging announced the purchase of a Comexi Nexus Dual laminator. The company installed it at its Ilkeston, Derbyshire plant in Q1 2021. St. Johns Packaging is expanding and investing in the UK market, understanding the market need for high-quality materials produced domestically, lessening Brexit risks, giving short lead times, and promoting economically viable sustainable packaging solutions.
Report Spotlights
- Progressive industry trends in the global wicketed bags market to help players develop effective long-term strategies
- Business growth strategies adopted by developed and developing markets
- Quantitative analysis of the global wicketed bags market from 2019 to 2028
- Estimation of the demand for wicketed bags across various industries
- PEST analysis to illustrate the efficacy of buyers and suppliers operating in the industry to predict market growth
- Recent developments to understand the competitive market scenario and the demand for wicketed bags
- Market trends and outlook coupled with factors driving and restraining the growth of the wicketed bags market
- Decision-making process by understanding strategies that underpin commercial interest with regard to the global wicketed bags market growth
- Wicketed bags market size at various nodes of the market
- Detailed overview and segmentation of the global wicketed bags market as well as its dynamics in the industry
- Wicketed bags market size in various regions with promising growth opportunities
Wicketed Bags Market Report Scope
Wicketed Bags Market, by Type
- Loose Flap
- Bottom Gusset
- Side Gusset
- Others
- Wicketed Bags Market, by Application
- Food
- Pharmaceuticals
- Personal Care and Cosmetic Products
- Industrial Goods
- Others
Company Profiles
- 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
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
Type and Application
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
Argentina, Australia, Brazil, Canada, China, France, Germany, India, Italy, Japan, Mexico, Russian Federation, Saudi Arabia, South Africa, South Korea, United Arab Emirates, United Kingdom, United States
Frequently Asked Questions
Among all the countries, US held the largest share in the global wicketed bags in 2020. The demand for wicketed bags in food industry has grown considerably over the past few years in the US. The wicketed bags are a strong, durable, versatile, and eco-friendly alternative for produce bags and bread packaging and are well ideal for packing food items like dry food, fresh produce, and baked goods. Manufacturers such as Maco PKG are offering easy-to-use and highly efficient wicketed bags which are commonly used for packing food, such as ice, potatoes, apples, and meat.
Increasing demand demand for flexible packaging for convenience & processed food is driving the market growth for global wicketed bags. Flexible packaging is widely utilized owing to properties such as durability, cost-effectiveness, and low weight. Wicketed bags as flexible packaging enhance the aesthetic appeal of any product, help storing products in limited spaces, and can augment the dispensing of products, coupled with durable packaging. Nowadays, there is an increasing demand for convenient food products due to busy lifestyles and hectic work schedules. RTE and RTC cut vegetables, frozen fruits, baked snacks, and many other products are packaged in wicketed bags are highly popular among global consumers. The high purchasing power of consumers results in the growing demand for processed food products.
Among the five segments of application, food segment has led the market in 2020. Wicketed bags are basically stacked plastic bags that are held together on a thin metal bar (or wicket) that makes dispensing quicker and easier. These bags are highly utilized for packaging products such as bakery, bread, ice, grocery items, and many other food products. Most of the companies are offering clear wicketed bags which meet FDA and USDA specifications for food contact. A bottom gusset bag also provides extra space for proper arrangement & presentation of food items that go inside.
The major players operating in the global wicketed bags market are St. Johns Packaging, Berry Global Inc., Bischof + Klein SE & Co. KG, Mondi, LPS Industries, PAC Worldwide Corporation, UFlex Limited, Coveris, Maco PKG., and Sonoco Products Company, and many others.
Ans. In 2020, the wicketed bags market was dominated by Asia-Pcific at the global level. Wicketed bag is extensively utilized for food packaging and non-food packaging. Such as bakery bread, fruits, ice, vegetables, baby diapers, meat, and feminine hygiene products. Also, it is extensively used for semi-automatic, automatic, and manual load applications. Moreover, the wicketed bags find multiple applications in pharmaceuticals, industrial goods, and others. Consequently, these factors have led to the wicketed bags market growth in APAC.The burgeoning demand from emerging nations such as India and China has contributed to the demand for wicketed bags.
Among the four segments of types, bottom gusset segment has led the market 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. These bags have multiple usages in packaging like grocery, clothing, sanitary products, and others. These bags have features like proper fitting, a flat end that provides an additional printing area, a fold (gusset) on the bottom, horizontal or vertical orientation for retail display, FDA & USDA-approved virgin resin, and excellent seal strength for product protection.
1. Introduction
1.1 Study Scope
1.2 The Insight Partners Research Report Guidance
1.3 Market Segmentation
2. Key Takeaways
3. Research Methodology
3.1 Scope of the Study
3.2 Research Methodology
3.2.1 Data Collection:
3.2.2 Primary Interviews:
3.2.3 Hypothesis formulation:
3.2.4 Macro-economic factor analysis:
3.2.5 Developing base number:
3.2.6 Data Triangulation:
3.2.7 Country level data:
4. Wicketed Bags Market Landscape
4.1 Market Overview
4.2 PEST Analysis
4.2.1 North America
4.2.2 Europe
4.2.3 APAC
4.2.4 MEA
4.2.5 SAM
4.3 Expert Opinion
5. Wicketed Bags Market – Key Market Dynamics
5.1 Market Drivers
5.1.1 Increasing Demand for Convenience and Processed Food
5.1.2 Growing Demand for Flexible Packaging
5.2 Market Restraints
5.2.1 Challenges in Plastic Bag Recycling
5.3 Market Opportunities
5.3.1 Growing Application in Personal Care and Hygiene Products
5.4 Future Trends
5.4.1 Rising Demand for Bio-Based Packaging
5.5 Impact Analysis
6. Wicketed Bags – Global Market Analysis
6.1 Wicketed Bags Market Overview
6.2 Wicketed Bags Market – Revenue Forecasts to 2028 (US$ Mn)
6.3 Market Positioning
7. Wicketed Bags Market Analysis – By Type
7.1 Overview
7.2 Wicketed Bags Market, By Type (2020 and 2028)
7.3 Loose Flap
7.3.1 Overview
7.3.2 Loose Flap: Wicketed Bags Market – Revenue and Forecast to 2028 (US$ Mn)
7.4 Bottom Gusset
7.4.1 Overview
7.4.2 Bottom Gusset: Wicketed Bags Market – Revenue and Forecast to 2028 (US$ Mn)
7.5 Side Gusset
7.5.1 Overview
7.5.2 Side Gusset: Wicketed Bags Market – Revenue and Forecast to 2028 (US$ Mn)
7.6 Others
7.6.1 Overview
7.6.2 Others: Wicketed Bags Market – Revenue and Forecast to 2028 (US$ Mn)
8. Wicketed Bags Market Analysis – By Application
8.1 Overview
8.2 Wicketed Bags Market, By Application (2020 and 2028)
8.3 Food
8.3.1 Overview
8.3.2 Food: Wicketed Bags Market – Revenue and Forecast to 2028 (US$ Mn)
8.4 Pharmaceutical
8.4.1 Overview
8.4.2 Pharmaceutical: Wicketed Bags Market – Revenue and Forecast to 2028 (US$ Mn)
8.5 Personal Care and Cosmetic Products
8.5.1 Overview
8.5.2 Personal Care and Cosmetic Products: Wicketed Bags Market – Revenue and Forecast to 2028 (US$ Mn)
8.6 Industrial Goods
8.6.1 Overview
8.6.2 Industrial Goods: Wicketed Bags Market – Revenue and Forecast to 2028 (US$ Mn)
8.7 Others
8.7.1 Overview
8.7.2 Others: Wicketed Bags Market – Revenue and Forecast to 2028 (US$ Mn)
9. Wicketed Bags Market – Geographic Analysis
9.1 Overview
9.2 North America: Wicketed Bags Market
9.2.1 North America: Wicketed Bags Market – Revenue and Forecast to 2028(US$ Mn)
9.2.2 North America: Wicketed Bags Market, by Type
9.2.3 North America: Wicketed Bags Market, by Application
9.2.4 North America: Wicketed Bags Market, by Key Country
9.2.4.1 US: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
9.2.4.1.1 US: Wicketed Bags Market, by Type
9.2.4.1.2 US: Wicketed Bags Market, by Application
9.2.4.2 Canada: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
9.2.4.2.1 Canada: Wicketed Bags Market, by Type
9.2.4.2.2 Canada: Wicketed Bags Market, by Application
9.2.4.3 Mexico: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
9.2.4.3.1 Mexico: Wicketed Bags Market, by Type
9.2.4.3.2 Mexico: Wicketed Bags Market, by Application
9.3 Europe: Wicketed Bags Market
9.3.1 Europe: Wicketed Bags Market – Revenue and Forecast to 2028(US$ Mn)
9.3.2 Europe: Wicketed Bags Market, by Type
9.3.3 Europe: Wicketed Bags Market, by Application
9.3.4 Europe: Wicketed Bags Market, by Key Country
9.3.4.1 Germany: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
9.3.4.1.1 Germany: Wicketed Bags Market, by Type
9.3.4.1.2 Germany: Wicketed Bags Market, by Application
9.3.4.2 France: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
9.3.4.2.1 France: Wicketed Bags Market, by Type
9.3.4.2.2 France: Wicketed Bags Market, by Application
9.3.4.3 Italy: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
9.3.4.3.1 Italy: Wicketed Bags Market, by Type
9.3.4.3.2 Italy: Wicketed Bags Market, by Application
9.3.4.4 UK: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
9.3.4.4.1 UK: Wicketed Bags Market, by Type
9.3.4.4.2 UK: Wicketed Bags Market, by Application
9.3.4.5 Russia: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
9.3.4.5.1 Russia: Wicketed Bags Market, by Type
9.3.4.5.2 Russia: Wicketed Bags Market, by Application
9.3.4.6 Rest of Europe: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
9.3.4.6.1 Rest of Europe: Wicketed Bags Market, by Type
9.3.4.6.2 Rest of Europe: Wicketed Bags Market, by Application
9.4 Asia Pacific: Wicketed Bags Market
9.4.1 Asia Pacific: Wicketed Bags Market – Revenue and Forecast to 2028(US$ Mn)
9.4.2 Asia Pacific: Wicketed Bags Market, by Type
9.4.3 Asia Pacific: Wicketed Bags Market, by Application
9.4.4 Asia Pacific: Wicketed Bags Market, by Key Country
9.4.4.1 Australia: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
9.4.4.1.1 Australia: Wicketed Bags Market, by Type
9.4.4.1.2 Australia: Wicketed Bags Market, by Application
9.4.4.1.3 China: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
9.4.4.1.4 China: Wicketed Bags Market, by Type
9.4.4.1.5 China: Wicketed Bags Market, by Application
9.4.4.2 Japan: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
9.4.4.2.1 Japan: Wicketed Bags Market, by Type
9.4.4.2.2 Japan: Wicketed Bags Market, by Application
9.4.4.3 India: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
9.4.4.3.1 India: Wicketed Bags Market, by Type
9.4.4.3.2 India: Wicketed Bags Market, by Application
9.4.4.4 South Korea: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
9.4.4.4.1 South Korea: Wicketed Bags Market, by Type
9.4.4.4.2 South Korea: Wicketed Bags Market, by Application
9.4.4.5 Rest of Asia Pacific: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
9.4.4.5.1 Rest of Asia Pacific: Wicketed Bags Market, by Type
9.4.4.5.2 Rest of Asia Pacific: Wicketed Bags Market, by Application
9.5 MEA: Wicketed Bags Market
9.5.1 MEA: Wicketed Bags Market – Revenue and Forecast to 2028 (US$ Mn)
9.5.2 MEA: Wicketed Bags Market, by Type
9.5.3 MEA: Wicketed Bags Market, by Application
9.5.4 MEA: Wicketed Bags Market, by Key Country
9.5.4.1 South Africa: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
9.5.4.1.1 South Africa: Wicketed Bags Market, by Type
9.5.4.1.2 South Africa: Wicketed Bags Market, by Application
9.5.4.2 Saudi Arabia: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
9.5.4.2.1 Saudi Arabia: Wicketed Bags Market, by Type
9.5.4.2.2 Saudi Arabia: Wicketed Bags Market, by Application
9.5.4.3 UAE: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
9.5.4.3.1 UAE: Wicketed Bags Market, by Type
9.5.4.3.2 UAE: Wicketed Bags Market, by Application
9.5.4.3.3 Rest of MEA: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
9.5.4.3.4 Rest of MEA: Wicketed Bags Market, by Type
9.5.4.3.5 Rest of MEA: Wicketed Bags Market, by Application
9.6 South America: Wicketed Bags Market
9.6.1 South America: Wicketed Bags Market –Revenue and Forecast to 2028(US$ Mn)
9.6.2 South America: Wicketed Bags Market, by Type
9.6.3 South America: Wicketed Bags Market, by Application
9.6.4 South America: Wicketed Bags Market, by Key Country
9.6.4.1 Brazil: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
9.6.4.1.1 Brazil: Wicketed Bags Market, by Type
9.6.4.1.2 Brazil: Wicketed Bags Market, by Application
9.6.4.2 Argentina: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
9.6.4.2.1 Argentina: Wicketed Bags Market, by Type
9.6.4.2.2 Argentina: Wicketed Bags Market, by Application
9.6.4.3 Rest of South America: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
9.6.4.3.1 Rest of South America: Wicketed Bags Market, by Type
9.6.4.3.2 Rest of South America: Wicketed Bags Market, by Application
10. Impact COVID-19 Pandemic on Global Wicketed Bags Market
10.1 Impact of COVID-19 on Wicketed Bags Market
10.2 North America: Impact Assessment of COVID-19 Pandemic
10.3 Europe: Impact Assessment of COVID-19 Pandemic
10.4 Asia Pacific: Impact Assessment of COVID-19 Pandemic
10.5 Middle East & Africa: Impact Assessment of COVID-19 Pandemic
10.6 South America: Impact Assessment of COVID-19 Pandemic
11. Industry Landscape
11.1 Product Launch
11.2 Merger and Acquisition
11.3 Strategy and Business Planning
12. Company Profiles
12.1 St. Johns Packaging
12.1.1 Key Facts
12.1.2 Business Description
12.1.3 Products and Services
12.1.4 Financial Overview
12.1.5 SWOT Analysis
12.1.6 Key Developments
12.2 Berry Global Inc.
12.2.1 Key Facts
12.2.2 Business Description
12.2.3 Products and Services
12.2.4 Financial Overview
12.2.5 SWOT Analysis
12.2.6 Key Developments
12.3 Bischof + Klein SE & Co. KG
12.3.1 Key Facts
12.3.2 Business Description
12.3.3 Products and Services
12.3.4 Financial Overview
12.3.5 SWOT Analysis
12.3.6 Key Developments
12.4 Mondi
12.4.1 Key Facts
12.4.2 Business Description
12.4.3 Products and Services
12.4.4 Financial Overview
12.4.5 SWOT Analysis
12.4.6 Key Developments
12.5 LPS Industries
12.5.1 Key Facts
12.5.2 Business Description
12.5.3 Products and Services
12.5.4 Financial Overview
12.5.5 SWOT Analysis
12.5.6 Key Developments
12.6 PAC Worldwide Corporation
12.6.1 Key Facts
12.6.2 Business Description
12.6.3 Products and Services
12.6.4 Financial Overview
12.6.5 SWOT Analysis
12.6.6 Key Developments
12.7 UFlex Limited
12.7.1 Key Facts
12.7.2 Business Description
12.7.3 Products and Services
12.7.4 Financial Overview
12.7.5 SWOT Analysis
12.7.6 Key Developments
12.8 Coveris
12.8.1 Key Facts
12.8.2 Business Description
12.8.3 Products and Services
12.8.4 Financial Overview
12.8.5 SWOT Analysis
12.8.6 Key Developments
12.9 Maco PKG.
12.9.1 Key Facts
12.9.2 Business Description
12.9.3 Products and Services
12.9.4 Financial Overview
12.9.5 SWOT Analysis
12.9.6 Key Developments
12.10 Sonoco Products Company
12.10.1 Key Facts
12.10.2 Business Description
12.10.3 Products and Services
12.10.4 Financial Overview
12.10.5 SWOT Analysis
12.10.6 Key Developments
13. Appendix
13.1 About The Insight Partners
13.2 Glossary
LIST OF TABLES
Table 1. Wicketed Bags Market –Revenue Forecast to 2028 (US$ Mn)
Table 2. North America Wicketed Bags Market, by Type – Revenue and Forecast to 2028 (US$ Mn)
Table 3. North America Wicketed Bags Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 4. US Wicketed Bags Market, by Type – Revenue and Forecast to 2028 (US$ Mn)
Table 5. US Wicketed Bags Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 6. Canada Wicketed Bags Market, by Type – Revenue and Forecast to 2028 (US$ Mn)
Table 7. Canada Wicketed Bags Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 8. Mexico Wicketed Bags Market, by Type – Revenue and Forecast to 2028 (US$ Mn)
Table 9. Mexico Wicketed Bags Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 10. Europe Wicketed Bags Market, by Type – Revenue and Forecast to 2028 (US$ Mn)
Table 11. Europe Wicketed Bags Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 12. Germany Wicketed Bags Market, by Type – Revenue and Forecast to 2028 (US$ Mn)
Table 13. Germany Wicketed Bags Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 14. France Wicketed Bags Market, by Type – Revenue and Forecast to 2028 (US$ Mn)
Table 15. France Wicketed Bags Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 16. Italy Wicketed Bags Market, by Type – Revenue and Forecast to 2028 (US$ Mn)
Table 17. Italy Wicketed Bags Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 18. UK Wicketed Bags Market, by Type – Revenue and Forecast to 2028 (US$ Mn)
Table 19. UK Wicketed Bags Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 20. Russia Wicketed Bags Market, by Type – Revenue and Forecast to 2028 (US$ Mn)
Table 21. Russia Wicketed Bags Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 22. Rest of Europe Wicketed Bags Market, by Type – Revenue and Forecast to 2028 (US$ Mn)
Table 23. Rest of Europe Wicketed Bags Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 24. Asia Pacific Wicketed Bags Market, by Type – Revenue and Forecast to 2028 (US$ Mn)
Table 25. Asia Pacific Wicketed Bags Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 26. Australia Wicketed Bags Market, by Type – Revenue and Forecast to 2028 (US$ Mn)
Table 27. Australia Wicketed Bags Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 28. China Wicketed Bags Market, by Type – Revenue and Forecast to 2028 (US$ Mn)
Table 29. China Wicketed Bags Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 30. Japan Wicketed Bags Market, by Type – Revenue and Forecast to 2028 (US$ Mn)
Table 31. Japan Wicketed Bags Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 32. India Wicketed Bags Market, by Type – Revenue and Forecast to 2028 (US$ Mn)
Table 33. India Wicketed Bags Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 34. South Korea Wicketed Bags Market, by Type – Revenue and Forecast to 2028 (US$ Mn)
Table 35. South Korea Wicketed Bags Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 36. Rest of Asia Pacific Wicketed Bags Market, by Type – Revenue and Forecast to 2028 (US$ Mn)
Table 37. Rest of Asia Pacific Wicketed Bags Market, by Application – Revenue and Forecast to 2028 (US$ Mn)
Table 38. MEA Wicketed Bags Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 39. MEA Wicketed Bags Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 40. South Africa Wicketed Bags Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 41. South Africa Wicketed Bags Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 42. Saudi Arabia Wicketed Bags Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 43. Saudi Arabia Wicketed Bags Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 44. UAE Wicketed Bags Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 45. UAE Wicketed Bags Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 46. Rest of MEA Wicketed Bags Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 47. Rest of MEA Wicketed Bags Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 48. SAM Wicketed Bags Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 49. SAM Wicketed Bags Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 50. Brazil Wicketed Bags Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 51. Brazil Wicketed Bags Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 52. Argentina Wicketed Bags Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 53. Argentina Wicketed Bags Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 54. Rest of SAM Wicketed Bags Market, by Type – Revenue and Forecast to 2028 (USD Million)
Table 55. Rest of SAM Wicketed Bags Market, by Application – Revenue and Forecast to 2028 (USD Million)
Table 56. Glossary of terms, Wicketed Bags Market
LIST OF FIGURES
Figure 1. Wicketed Bags Market Segmentation
Figure 2. Wicketed Bags Market Segmentation – By Geography
Figure 3. Global Wicketed Bags Market Overview
Figure 4. Food Segment Held Largest Share of Global Wicketed Bags Market
Figure 5. APAC Region Held Largest Share of Global Wicketed Bags Market
Figure 6. Global Wicketed Bags Market, Key Market Players
Figure 7. North America PEST Analysis
Figure 8. Europe: PEST Analysis
Figure 9. APAC: PEST Analysis
Figure 10. MEA: PEST Analysis
Figure 11. SAM: PEST Analysis
Figure 12. Expert Opinion
Figure 13. Wicketed Bags Market Impact Analysis of Driver and Restraints
Figure 14. Geographic Overview of Wicketed Bags Market
Figure 15. Global: Wicketed Bags Market – Revenue Forecast to 2028 (US$ Mn)
Figure 16. Wicketed Bags Market Revenue Share, By Type (2020 and 2028)
Figure 17. Loose Flap: Wicketed Bags Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 18. Bottom Gusset: Wicketed Bags Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 19. Side Gusset: Wicketed Bags Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 20. Others: Wicketed Bags Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 21. Wicketed Bags Market Revenue Share, By Application (2020 and 2028)
Figure 22. Food: Wicketed Bags Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 23. Pharmaceutical: Wicketed Bags Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 24. Personal Care and Cosmetic Products: Wicketed Bags Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 25. Industrial Goods: Wicketed Bags Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 26. Others: Wicketed Bags Market – Revenue and Forecast To 2028 (US$ Mn)
Figure 27. Global Wicketed Bags Market Revenue Share, by Region (2020 and 2028)
Figure 28. North America: Wicketed Bags Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 29. North America: Wicketed Bags Market Revenue Share, by Type (2020 and 2028)
Figure 30. North America: Wicketed Bags Market Revenue Share, by Application (2020 and 2028)
Figure 31. North America: Wicketed Bags Market Revenue Share, by Key Country (2020 and 2028)
Figure 32. US: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 33. Canada: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 34. Mexico: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 35. Europe: Wicketed Bags Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 36. Europe: Wicketed Bags Market Revenue Share, by Type (2020 and 2028)
Figure 37. Europe: Wicketed Bags Market Revenue Share, by Application (2020 and 2028)
Figure 38. Europe: Wicketed Bags Market Revenue Share, by Key Country (2020 and 2028)
Figure 39. Germany: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 40. France: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 41. Italy: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 42. UK: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 43. Russia: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 44. Rest of Europe: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 45. Asia Pacific: Wicketed Bags Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 46. Asia Pacific: Wicketed Bags Market Revenue Share, by Type (2020 and 2028)
Figure 47. Asia Pacific: Wicketed Bags Market Revenue Share, by Application (2020 and 2028)
Figure 48. Asia Pacific: Wicketed Bags Market Revenue Share, by Key Country (2020 and 2028)
Figure 49. Australia: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 50. China: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 51. Japan: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 52. India: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 53. South Korea: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 54. Rest of Asia Pacific: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 55. MEA: Wicketed Bags Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 56. MEA: Wicketed Bags Market Revenue Share, by Type (2020 and 2028)
Figure 57. MEA: Wicketed Bags Market Revenue Share, by Application (2020 and 2028)
Figure 58. MEA: Wicketed Bags Market Revenue Share, by Key Country (2020 and 2028)
Figure 59. South Africa: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 60. Saudi Arabia: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 61. UAE: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 62. Rest of MEA: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 63. South America: Wicketed Bags Market – Revenue and Forecast to 2028 (US$ Mn)
Figure 64. South America: Wicketed Bags Market Revenue Share, by Type (2020 and 2028)
Figure 65. South America: Wicketed Bags Market Revenue Share, by Application (2020 and 2028)
Figure 66. South America: Wicketed Bags Market Revenue Share, by Key Country (2020 and 2028)
Figure 67. Brazil: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 68. Argentina: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 69. Rest of South America: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)
Figure 70. Impact of COVID-19 Pandemic in North American Country Markets
Figure 71. Impact of COVID-19 Pandemic in Europe Country Markets
Figure 72. Impact of COVID-19 Pandemic in Asia Pacific Country Markets
Figure 73. Impact of COVID-19 Pandemic in Middle East & Africa Country Markets
Figure 74. Impact of COVID-19 Pandemic in South America Country Markets
The List of Companies - Wicketed Bags Market
- 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
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.
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