Wicketed Bags Market is expected to reach US$ 1,045.62 Mn by 2028

Published Date: 26 Jul 2021

Increasing Demand for Convenience and Processed Food to Escalate Wicketed Bags Market Growth During 2021–2028

 

According to our latest market study on “Wicketed Bags Market Forecast to 2028 – COVID-19 Impact and Global Analysis – by Type (Loose Flap, Bottom Gusset, Side Gusset, and Others) and Application (Food, Pharmaceuticals, Personal Care and Cosmetic Products, Industrial Goods, and Others),” the 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. The report highlights key factors driving the market growth and prominent players along with their developments in the market.

 

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 bag is extensively utilized for packaging bakery food products, fruits, ice, vegetables, baby diapers, meat, and feminine hygiene products. Besides, 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.

 

Wicketed bag is produced with stacked layers on a wire wicket that is held in place with a chipboard header or rubber washer. It has a bottom gusset and can be prepared with permanent or resealable tape used for easy access. It has a good storage capacity and is utilized to conveniently store frozen foods, baked food items, fresh foods, and pet foods, as well as other essential products.  They are usually composed of materials such as polyethylene, cast polypropylene, polyester, and polyamide. Companies such as Maco PKG. offer wicketed bags that are mostly used for packing food such as ice, apples, potatoes, bread, tortilla, and meat. If consumer requirements insist on automatic and semi-automatic packing, wicketed bags deliver an easy answer. With a wide range of sizes, thicknesses, and substrates, Maco manufactures these bags according to consumer specifications. Some of the options for wicketed bags offered by this company are headers, header seals, bottom gusset, tear starts, flat bottom, perforated lip, and the choice of header size. In addition to meeting all FDA and USDA specifications for food contact, Maco adds some other options to these bags. The company provides volatile corrosion inhibitors (VCIs) to prevent corrosion, ethylene vinyl acetate (EVA) for adhesives, and ultraviolet index (UVI) from protecting the product from UV rays. 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. Additionally, a rise in the percentage of working women worldwide has increased the demand for ready-to-eat convenience food, which is further expected to fuel the wicketed bags market growth. With the increasing health-related awareness among the population, the need for frozen fruits and vegetables, and other products is rising. Healthy foods have gained significant momentum among consumers, as they are increasingly seeking healthy and convenient alternatives served at breakfast as a meal replacement, or as a snack. Hence, the growing preference for convenience and processed food are demanding more wicketed bags for packaging and eventually driving the market growth.

 

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 among well-established players operating in the wicketed bags market.

 

Impact of COVID-19 Pandemic on Wicketed Bags Market

 

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.

 

Wicketed Bags Market by Region, 2020

Wicketed Bags Market by Region, 2020

Report : Wicketed Bags Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Type (Loose Flap, Bottom Gusset, Side Gusset, and Others) and Application (Food, Pharmaceuticals, Personal Care and Cosmetic Products, Industrial Goods, and Others)

The “Global Wicketed Bags Market Analysis to 2028” is a specialized and in-depth study of the chemicals and materials industry with a special focus on the global market trend analysis. The report aims to provide an overview of the wicketed bags market with detailed market segmentation by type, application, and geography. Based on type, the wicketed bags market is segmented into loose flap, bottom gusset, side gusset, and others. Based on application, the market is segmented into food, pharmaceuticals, personal care and cosmetic products, industrial goods, and others. Based on geography, the wicketed bags market is segmented into five main regions—North America, Europe, Asia Pacific, Middle East and Africa, and South America.

 
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