Report : North America Wicket Mailer Envelopes and Bags Market Forecast to 2028 – COVID-19 Impact and Regional Analysis – by Material Type {Plastic [Polyethylene (PE), Polypropylene (PP), Polyethylene Terephthalate (PET), and Others] and Paper}, Product Type (Poly Wicket Bags, Paper Wicket Bags, Poly Wicket Mailers, and Paper Wicket Mailers), and End Use (Banking & Financial Services, Courier & Logistics, Retail, and Others)
At 4.7% CAGR, the North America Wicket Mailer Envelopes and Bags Market is speculated to be worth US$ 620.81 million by 2028, says Business Market Insights
According to Business Market Insights’ research, the North America wicket mailer envelopes and bags market was valued at US$ 471.91 million in 2022 and is expected to reach US$ 620.81 million by 2028, registering a CAGR of 4.7% from 2022 to 2028. Growing preference of wicket bags and mailers due to added convenience and rising use of wicket bags in retail industry are the critical factors attributed to the North America wicket mailer envelopes and bags market expansion.
The metal wire holds wicket bags and mailers together, which helps reduce the packaging time. According to PAC Worldwide Corporation, the use of wicket bags can increase the speed of packaging by 20% than manual packing. Fully automatic or semi-automatic filling equipment can be used to perform packaging by utilizing wicket bags by simply placing the bags on the wicket holder. Also, the wicket bags, especially the ones made of polyethylene and polypropylene, are lightweight, durable, puncture and tear-resistant, and tamperproof. Workstations of many industrial packaging lines are often equipped with wickets of wicket bags, which allows the packaging operator to add empty bags and remove filled bags easily without causing a system slowdown. Wicket bags and mailers are customizable and printable and available in various sizes. Therefore, they can be used for the packaging of a wide range of products, including bakery products, vegetables and fruits, pharmaceutical and personal care products, documents, apparel, diapers, dental floss and picks, and household items. Wicket bags, envelopes, and mailers are witnessing a massive demand in various industries and sectors, such as food & beverages, pharmaceuticals, retail, courier services, banking, and logistics, due to their versatility in carrying a variety of products. Wicket mailer envelopes, especially paper envelopes are used by courier services such as FedEx, DHL, and Blue Dart Express to package documents and important consignments of their clients. Moreover, manufacturers of various consumer goods are seeking flexible packaging solutions that offer convenience in product handling and packaging, reduce the overall turnaround time, and boost productivity. The use of wicket bags meets these requirements. Therefore, all these benefits of wicket mailer envelopes and bags propel the North America wicket mailer envelopes and bags market growth.
On the contrary, challenges associated with recycling of plastic wicket bags hampers the North America wicket mailer envelopes and bags market.
Based on material type, the North America wicket mailer envelopes and bags market is bifurcated into plastic and paper. The plastics segment held 51.9% share of North America wicket mailer envelopes and bags market in 2022, amassing US$ 245.04 million. It is projected to garner US$ 316.81 million by 2028 to expand at 4.4% CAGR during 2022–2028.
Based on product type, the North America 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 43.1% share of North America wicket mailer envelopes and bags market in 2022, amassing US$ 203.31 million. It is projected to garner US$ 263.85 million by 2028 to expand at 4.4% CAGR during 2022–2028.
Based on end use, the North America wicket mailer envelopes and bags market is segmented into banking & financial services, courier & logistics, retail, and others. The courier & logistics segment held 42.8% share of North America wicket mailer envelopes and bags market in 2022, amassing US$ 201.93 million. It is projected to garner US$ 272.46 million by 2028 to expand at 5.1% CAGR during 2022–2028.
Based on country, the North America wicket mailer envelopes and bags market has been categorized into the US, Canada, and Mexico. Our regional analysis states that the US captured 81.4% share of North America wicket mailer envelopes and bags market in 2022. It was assessed at US$ 384.15 million in 2022 and is likely to hit US$ 511.17 million by 2028, exhibiting a CAGR of 4.9% during the forecast period.
Key players dominating the North America wicket mailer envelopes and bags market are A-Pac Manufacturing Co Inc; BGR Inc; Bischof + Klein SE & Co KG; Four Star Plastics Inc; Hanpak JSC; LPS Industries LLC; Maco Pkg; Mondi Plc; PAC Worldwide Corp; St. Johns Packaging Ltd; UFlex Ltd; and Zim's Bagging Co, among others.
- In 2021; Mondi helps to reduce plastic use and CO2 footprint with new paper-based diaper packaging for Drylock.
- In 2022; St. Johns completed the acquisition of Mexican converter Plásticos Uribe, S.A. de C.V.
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