The growing usage of mesh bags by people in the U.S. and Canada as laundry bags is set to boost the North America mesh bags market share in the forthcoming years. North America is the dominant region in the mesh bags market in terms of share.
NEWARK, DE / ACCESSWIRE / September 26, 2022 / The global mesh bags market is projected to reach a value of US$ 9.3 Bn in 2032, with the sales growing at a stagnant CAGR of 3.2% from the forecast period of 2022 to 2032. Scaling up from a value of US$ 4.1 Bn in 2021, the mesh bags market is predicted to reach an estimated US$ 5.9 Bn in 2022. Heightened demand for eco-friendly packaging solutions has led to the mass popularity of drawstring bags, nearly-clear bags made of recycled plastics, and European string bags by key manufacturers is fueling the market growth of mesh bags during the projected period.
Mesh bags are gaining traction among the consumers due to their ability to provide high product visibility and breathability. These are ideal retail bags not only because of their reusability but also because of features like being able to fit the customers needs, ability to keep produce fresh for a long period of time and ensuring product visibility. These bags are set to undergo stable growth in the upcoming years.
Rising concerns for the environment coupled with sustainability drives are emphasizing reuse-and-recyclability. In addition to this, the surge in the production and sales of cotton bags all over the world has led to the popularity of cotton mesh bags. Mesh bags made out of cotton are washable, environmentally-friendly, and largely preferred over plastic retail bags. These factors have resulted in the expanding cotton industry becoming a prime growth driver for the mesh bags market. Also, the elevated demand for reusable and cotton mesh bags from hypermarkets and grocery stores for filling a specific quantity of fruits and vegetables as well as for other purposes are further underpinning the expansion of the mesh bags market.
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These bags help supermarkets in better sealing and tagging practices. Besides, several different types of bags are used for a wide range of purposes. Mesh bags made of HDPE are broadly utilized for breeding oysters. All of the aforementioned factors foster an environment of steady growth for the mesh bags market during the forecast period.
Though the target market looks at positive prospects, it is not without its share of challenges. The comparatively expensive nature of mesh bags, additional bag charges at supermarkets, and the risk of bacteria build-up after reuse are certain factors that may very well stunt the growth of the mesh bags market during 2022-2032.
“Rising sustainability drives and target product-related benefits like visibility of packed items and breathability is expected to drive the growth of the global mesh bags market over the forecast period,” says an FMI analyst.
- Diverse application and usages of the product stimulate the market growth.
- Expensiveness along with a fear of bacteria build-up due to constant reuse may hamper the market growth.
- Demand for leno mesh bags to drive market growth in the U.S.
- High demand for fresh food items to augment market growth in the Asia Pacific region.
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Vedder Industrial, Volm Companies, SG Global Packaging, Karatzis, Krishna Polynet, Min Shen Enterprise, Cady Bag, and Agribag among others are some of the major players in the mesh bags market profiled in the full version of the report.
Leading market players are focusing on product development and expanding their product offerings. These businesses are employing tactics like extending their production capacities, collaborations and partnerships to gain a competitive advantage.
More Insights into Mesh Bags Market Report
In its latest report, FMI offers an unbiased analysis of the global mesh bags market, providing historical data from 2015 to 2020 and forecast statistics for 2022 to 2032. To understand the global market potential, growth, and scope, the market is segmented based on material type (jute, cotton, polypropylene, high-density polyethylene, plastic), product type (tube style mesh bag, half-n-half bags, leno bags, raschel bags), mesh type (large, middle, small), capacity (500-1000lb, 50-100lb, <50lb, 1000lb and above), end use (vegetables, fruits, other groceries), and region.
According to the latest FMI reports, based on region, the mesh bags market in North America is predicted to exhibit substantial growth over the forecast period. The market in this region is primarily driven by increasing demand and sales in countries like the U.S. and Canada. The benefits of using a mesh bag coupled with the heightened demand for Leno mesh bags are propelling the market growth in this region
Table of Content
1. Executive Summary
1.1. Global Market Outlook
1.2. Demand-side Trends
1.3. Supply-side Trends
1.4. Technology Roadmap Analysis
1.5. Analysis and Recommendations
2. Market Overview
2.1. Market Coverage / Taxonomy
2.2. Market Definition / Scope / Limitations
3. Market Background
4. Global Mesh Bags Market Analysis 2015-2021 and Forecast, 2022-2032
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