In 2022, it was predicted that the cement sacks market would be worth USD 344.82 billion. This market is anticipated to reach USD 357.93 billion by 2023 and USD 519.72 billion by 2033, with a consistent CAGR of 3.8% from 2023 to 2033.
According to consumer demand and the load, several materials, including paper, plastic, and jute, are used to make cement sacks. These sacks are designed for their load-bearing capacity and are mostly used in the construction industry as cement packaging solutions.
In order to protect them while being utilised, handled, shipped, and stored, cement sacks are built to fulfil particular transportation and transit criteria. Plastic cement sacks have a stronger water resistance than paper bags, which are created using multiple layers of paper and are therefore more environmentally friendly.
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These bags come in a number of different styles, including valve bags, bags with sewn open mouths, and bags with open mouths. As building activity expands globally, a need for efficient packaging solutions in the industry is fueling the expansion of the cement sacks market.
Global Cement Sacks Market – Key Players
A few of the key players in the cement sacks market are Mondi Group Plc, Klabin S.A., BillerudKorsnäs AB, Smurfit Kappa Group Plc, Conitex Sonoco USA Inc., Segezha Group, LC Packaging International BV, Rengo Co., Ltd., Gascogne SA, Industrial Development Company Sal (Indevco), etc.
The report on cement sacks market is a compilation of first-hand information, and qualitative & quantitative assessment by industry analysts, as well as inputs from industry experts and industry participants across the value chain.
The report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segment. Cement sacks market also maps the qualitative impact of various market factors on market segments and geographies.
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Global Cement Sacks Market – Key Players
A few of the key players in the cement sacks market are Mondi Group Plc, Klabin S.A., BillerudKorsnäs AB, Smurfit Kappa Group Plc, Conitex Sonoco USA Inc., Segezha Group, LC Packaging International BV, Rengo Co., Ltd., Gascogne SA, Industrial Development Company Sal (Indevco), etc.
The report on cement sacks market is a compilation of first-hand information, and qualitative & quantitative assessment by industry analysts, as well as inputs from industry experts and industry participants across the value chain.
The report provides an in-depth analysis of parent market trends, macroeconomic indicators, and governing factors, along with market attractiveness as per segment. Cement sacks market also maps the qualitative impact of various market factors on market segments and geographies.
The global cement sacks market is divided into seven major regions, which are as follows
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East & Africa (MEA)
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Global Cement Sacks Market – Segmentation
The global cement sacks market is segmented by material type, product type, and capacity. The pricing for cement sacks has being done based on material type segment in US$ million, and the volume is considered in tonnes.
On the basis of material type, the global cement sacks market is segmented into:
- Plastic
- High Density Polyethylene (HDPE)
- Low Density Polyethylene (LDPE)
- Linear Low Density Polyethylene (LLDPE)
- Polypropylene (PP)
- Polystyrene (PS)
- Polyvinyl Chloride (PVC)
- Other Plastic
- Paper
- Bleached Paper
- Unbleached Paper
- Jute
On the basis of product type, the global cement sacks market is segmented into:
- Sewn Open Mouth
- Pinched Bottom Open Mouth
- Valve Sacks
- Open Mouth Sacks
On the basis of capacity, the global cement sacks market is segmented into:
- Less than 10 kg
- 11 kg – 30 kg
- 31 kg – 40 kg
- Above 40 kg
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