Wicketed Bags Market to Grow at a CAGR of 4.2% to reach US$ 1,045.62 Mn 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

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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 Regional Insights

The regional trends and factors influencing the Wicketed Bags Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Wicketed Bags Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.

Wicketed Bags Market Report Scope

Wicketed Bags Market Players Density: Understanding Its Impact on Business Dynamics

The Wicketed Bags Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.

Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.

Major Companies operating in the Wicketed Bags Market are:

1. St. Johns Packaging
2. Berry Global Inc.
3. Bischof + Klein SE & Co. KG
4. Mondi
5. LPS Industries

Disclaimer: The companies listed above are not ranked in any particular order.

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