Publication Month: Nov 2022 | Report Code: TIPRE00029778 | No. of Pages: 184 | Category: Consumer Goods | Status: Published
Wicket bags are stacked bags that are held together on a thin metal bar (or wicket) that simplifies and accelerates their dispensing. Low-density polyethylene, high-density polyethylene, linear low-density polyethylene, polypropylene, and ethylene-vinyl acetate are a few of the plastics used for making wicket mailer envelopes and bags. These envelopes and bags are available in various sizes and styles for different applications. They are suitable for food and nonfood packaging needs, which include food products, textiles, plastic injection molded parts, pharmaceuticals, and personal care products. Companies provide wicket bags that meet Food and Drug Administration (FDA) and the United States Department of Agriculture (USDA) specifications for food contact.
|Market Size Value in||US$ 1,876.78 Million in 2022|
|Market Size Value by||US$ 2,437.48 Million by 2028|
|Growth rate||CAGR of 4.5% from 2022 to 2028|
|No. of Pages||184|
|No. of Tables||86|
|No. of Charts & Figures||87|
|Historical data available||Yes|
|Segments covered||Material Type, Product Type, and End Use|
|Regional scope||North America, Europe, Asia Pacific, Middle East & Africa, South & Central America|
|Country scope||US, Canada, Mexico, UK, Germany, Spain, Italy, France, India, China, Japan, South Korea, Australia, UAE, Saudi Arabia, South Africa, Brazil, Argentina|
|Report coverage||Revenue forecast, company ranking, competitive landscape, growth factors, and trends|
|Free Sample Copy Available|
In 2020, various industries had to slow down their operations due to disruptions in value and supply chains caused by the shutdown of national and international boundaries. The COVID-19 pandemic adversely affected economies and industries due to lockdowns, travel bans, and business shutdowns. Disruptions in the supply chains of key raw materials and irregularities in manufacturing processes due to restrictions imposed by government authorities had a direct impact on the consumer goods industry, which hampered packaging materials production and demand. Despite a decline in demand for certain types of packaging, the need for packaging suitable for e-commerce shipments surged in 2020 and 2021. This can be attributed to a rise in online purchases of consumer goods and significant measures taken by governments of various countries.
The buying behavior of people is changing rapidly with changes in the lifestyles of people, which impacts their preferences of buying channels. This factor is driving the organized retail sector growth. Moreover, many developing countries are making significant investments to modernize their retail infrastructure to be able to meet the changing requirements of consumers. According to the Global Power of Retailing 2021 report, the retail revenue of top 250 retailers, including Walmart, Amazon.com, Costco, and Kroger, accounted for US$ 5.1 trillion in 2020. According to the National Retail Federation, the number of store openings in the US in 2021 was more than double the number of announcements made for store shutdowns.
Wicket bags are extensively used for the packaging of food and beverage items, pharmaceutical products, personal care products, and apparel. These bags are also utilized for packaging fresh food items such as fruits, vegetables, meat, and seafood while keeping the products fresh and shelf stable. Wicket bags are strong, durable, and lightweight, and protect the products from damages caused during handling, transportation, and warehousing. Thus, the rising use of wicket bags in the retail industry significantly drives the growth of the wicket mailer envelopes and bags market
Based on material type, the wicket mailer envelopes and bags market is segmented into plastic and paper. The plastic segment held a larger share of the market in 2021. Plastic wicket mailer envelopes and bags are cost-effective and convenient solutions. Plastic wicket bags are used in several packaging applications, including food products, textile products, pharmaceuticals, plastic injection molded parts, and medical supplies. Plastic wicket mailer envelopes and bags are available in various shapes, sizes, and thickness levels.
Based on product type, the wicket mailer envelopes and bags market is segmented into poly wicket bags, paper wicket bags, poly wicket mailers, and paper wicket mailers. The poly wicket bags segment held the largest share of the market in 2021. Poly wicket bags are plastic bags that are neatly stacked on a wicket wire. These bags contribute to the improved efficiency of packaging operations by reducing handling time and increasing production, packaging, and shipping rates. They are ideal for automated, semiautomated, or manual packaging lines. Players operating in the wicket mailer envelopes and bags market provide poly wicket bags that are certified by the FDA and USDA. These bags are available in customizable sizes, colors, and materials.
The key players operating in the wicket mailer envelopes and bags market include LPS Industries LLC, Mondi Plc, Hanpak JSC, Euphoria Packaging LLP, PolyCover Ltd, Adsure Packaging Ltd, Zim's Bagging Co, BGR Inc, St. Johns Packaging Ltd, A-Pac Manufacturing Co Inc, Four Star Plastics Inc, PAC Worldwide Corp, Bischof + Klein SE & Co KG, UFlex Ltd, Coveris Management GmbH, and Maco Pkg, among others. These players focus on providing high-quality products to fulfill customer demands. They are also focusing on strategies such as investments in research and development activities and new product launches.