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

Code: TIPRE00024727 | Pages: 77 | Industry: Chemicals and Materials | Date: Sep 2021 | Type: Regional

Market Introduction

The North American region consists of developed economies, including the U.S. and Canada, as well as Mexico, as a developing nation. In this region, the United States is a major market for wicketed bags, followed by Canada and Mexico. Wicketed bags are the stacked plastic bags which are held together on a wicket (thin metal bar). The wicket makes it easy to dispense bags and package various items. The manufacturers in the region are offering FDA (Food and Drug Administration) and US$A (United States Department of Agriculture) certified wicketed bags that are ideal for food and non-food items. For instance, Maco PKG provides easy-to-use and highly efficient wicketed bags commonly used for packing food. In addition to meeting all FDA as well as US$A specifications for food contact, the company adds several other options for wicketed bags. The North American region largely supports the growth of the wicketed bags market through effective manufacture and trade policies. The accelerated growth of the food industry in the region is anticipated to drive the demand for wicketed bags market. According to U.S. Department of Agriculture, agriculture, food, and related sectors contributed $1.109 trillion to the U.S. gross domestic product (GDP) in 2020, a 5.2% share. With a 13% share, food sector ranked third behind housing, and transportation sectors among the expenditures of the average American household in 2020.  Also, the increasing demand for see-through packaging, especially in the food & beverage sector, is anticipated to create demand for wicketed bags. Wicketed bags impart a visually pleasing appearance and offer superior gloss and transparency to the package. Consequently, the demand for see-through packaging utilizing wicketed bags is rising in the developed countries of North America, which will further propel the wicketed bags market during the forecast period.

 

The US reported the highest number of confirmed cases of COVID-19, followed by Mexico and Canada in North America. This is likely to influence the chemical & materials industry negatively in the region, placing constraints on the supply chain. However, there has been an increase in the sale of food products, pharmaceutical products, and other goods through online retailers during the pandemic and wicketed bags are used in the packaging of these products. Moreover, there is an increased need for bio-based wicketed bags in this region. All these factors are expected to boost the demand for wicketed bags, thereby supporting the growth of this market in the region.


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Market Overview and Dynamics

The wicketed bags market in North America is expected to grow from US$ 196.53 million in 2021 to US$ 265.59 million by 2028; it is estimated to grow at a CAGR of 4.4% from 2021 to 2028. Growing application in personal care and hygiene products; everyday hygiene products are purchased and consumed in large quantities. Diapers for babies and adults, toilet and kitchen tissues, and female hygiene products are all wrapped in plastic. For packaging these products, wicketed bags are highly utilized. With the high sale of hygienic products, increasing demand for wicketed bags can be noticed, which further brings in new opportunities for this market to grow. Several manufacturers are nowadays offering novel products under this category. For instance, Schur Flexibles offers an efficient standard range of transparent or printed wicketed bags along with individual laminate solutions tailored to customer requirements for packaging of sanitary and cosmetic products such as cotton swabs, wipes, incontinence products, sanitary towels, panty liners, sanitary towels, or napkins. Wicketed bags offer benefits such as easy handling, clear product presentation, easy opening, safe transportation, easy opening, tear resistance, and premium look. The company also ensures that hygiene products remain clean with wicketed bags. Bischof + Klein SE & Co. KG is another company that offers lavishly printed film packaging—produced from mono and highly thin coex polyethylene up to five layers—in the form of wicketed bags with a width of up to 840 mm and height of up to 925 mm. The company attempts to meet consumers' maximum convenience necessities via diverse carrying handles (including printed versions), resealing options, handle contours, dust flaps, diverse (opening) perforations, and punching (e.g., Euro perforation), and also ensures the hygiene of products. This is bolstering the growth of the wicketed bags market.

Key Market Segments

Based on type, the North America wicketed bags market is segmented into loose flap, bottom gusset, side gusset, and others. In 2020, the bottom gusset segment held the largest share North America wicketed bags market. Based on application, the North America wicketed bags market is segmented into food, pharmaceuticals, personal care and cosmetic products, industrial goods, and others. In 2020, the food segment held the largest share North America wicketed bags market.

Major Sources and Companies Listed

A few major primary and secondary sources referred to for preparing this report on the wicketed bags market in North America are company websites, annual reports, financial reports, national government documents, and statistical database, among others. Major companies listed in the report are Berry Global Inc.; Bischof + Klein SE & Co. KG; LPS Industries; Maco PKG; Mondi; PAC Worldwide Corporation; Sonoco Products Company; St. Johns Packaging; UFlex Limited are among others.

Reasons to buy report

  • To understand the North America wicketed bags market landscape and identify market segments that are most likely to guarantee a strong return
  • Stay ahead of the race by comprehending the ever-changing competitive landscape for North America wicketed bags market
  • Efficiently plan M&A and partnership deals in North America wicketed bags market by identifying market segments with the most promising probable sales
  • Helps to take knowledgeable business decisions from perceptive and comprehensive analysis of market performance of various segment form North America wicketed bags market
  • Obtain market revenue forecast for market by various segments from 2021-2028 in North America region.

NORTH AMERICA WICKETED BAGS MARKET SEGMENTATION

By Type

  • Loose Flap
  • Bottom Gusset
  • Side Gusset
  • Others

 

By Application

  • Food
  • Pharmaceuticals
  • Personal Care and Cosmetic Products
  • Industrial Goods
  • Others

 

By Country

  • US
  • Canada
  • Mexico

Company Profiles

  • Berry Global Inc.
  • Bischof + Klein SE & Co. KG
  • LPS Industries
  • Maco PKG
  • Mondi
  • PAC Worldwide Corporation
  • Sonoco Products Company
  • St. Johns Packaging
  • UFlex Limited
 

1.           Introduction

1.1         Study Scope

1.2         The Insight Partners Research Report Guidance

1.3         Market Segmentation

2.           Key Takeaways

3.           Research Methodology

3.1         Scope of the Study

3.2         Research Methodology

3.2.1        Data Collection:

3.2.2        Primary Interviews:

3.2.3        Hypothesis formulation:

3.2.4        Macro-economic factor analysis:

3.2.5        Developing base number:

3.2.6        Data Triangulation:

3.2.7        Country level data:

4.           North America Wicketed Bags Market Landscape

4.1         Market Overview

4.2         PEST Analysis

4.2.1        North America

4.3         Expert Opinion

5.           North America Wicketed Bags Market – Key Market Dynamics

5.1         Market Drivers

5.1.1        Increasing Demand for Convenience and Processed Food

5.1.2        Growing Demand for Flexible Packaging

5.2         Market Restraints

5.2.1        Challenges in Plastic Bag Recycling

5.3         Market Opportunities

5.3.1        Growing Application in Personal Care and Hygiene Products

5.4         Future Trends

5.4.1        Rising Demand for Bio-Based Packaging

5.5         Impact Analysis

6.           Wicketed Bags – North America Market Analysis

6.1         North America Wicketed Bags Market Overview

6.2         North America Wicketed Bags Market – Revenue Forecasts to 2028 (US$ Mn)

7.           North America Wicketed Bags Market Analysis – By Type

7.1         Overview

7.2         North America Wicketed Bags Market, By Type (2020 and 2028)

7.3         Loose Flap

7.3.1        Overview

7.3.2        Loose Flap: North America Wicketed Bags Market – Revenue and Forecast to 2028 (US$ Mn)

7.4         Bottom Gusset

7.4.1        Overview

7.4.2        Bottom Gusset: North America Wicketed Bags Market – Revenue and Forecast to 2028 (US$ Mn)

7.5         Side Gusset

7.5.1        Overview

7.5.2        Side Gusset: North America Wicketed Bags Market – Revenue and Forecast to 2028 (US$ Mn)

7.6         Others

7.6.1        Overview

7.6.2        Others: North America Wicketed Bags Market – Revenue and Forecast to 2028 (US$ Mn)

8.           North America Wicketed Bags Market Analysis – By Application

8.1         Overview

8.2         North America Wicketed Bags Market, By Application (2020 and 2028)

8.3         Food

8.3.1        Overview

8.3.2        Food: North America Wicketed Bags Market – Revenue and Forecast to 2028 (US$ Mn)

8.4         Pharmaceutical

8.4.1        Overview

8.4.2        Pharmaceutical: North America Wicketed Bags Market – Revenue and Forecast to 2028 (US$ Mn)

8.5         Personal Care and Cosmetic Products

8.5.1        Overview

8.5.2        Personal Care and Cosmetic Products: North America Wicketed Bags Market – Revenue and Forecast to 2028 (US$ Mn)

8.6         Industrial Goods

8.6.1        Overview

8.6.2        Industrial Goods: North America Wicketed Bags Market – Revenue and Forecast to 2028 (US$ Mn)

8.7         Others

8.7.1        Overview

8.7.2        Others: North America Wicketed Bags Market – Revenue and Forecast to 2028 (US$ Mn)

9.           North America Wicketed Bags Market – Country Analysis

9.1         Overview

9.1.1        North America: Wicketed Bags Market, by Key Country

9.1.1.1          US: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)

9.1.1.1.1          US: Wicketed Bags Market, by Type

9.1.1.1.2          US: Wicketed Bags Market, by Application

9.1.1.2          Canada: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)

9.1.1.2.1          Canada: Wicketed Bags Market, by Type

9.1.1.2.2          Canada: Wicketed Bags Market, by Application

9.1.1.3          Mexico: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)

9.1.1.3.1          Mexico: Wicketed Bags Market, by Type

9.1.1.3.2          Mexico: Wicketed Bags Market, by Application

10.        Impact COVID-19 Pandemic on North America Wicketed Bags Market

10.1      Impact of COVID-19 on Wicketed Bags Market

10.2      North America: Impact Assessment of COVID-19 Pandemic

11.        Industry Landscape

11.1      Product Launch

11.2      Merger and Acquisition

11.3      Strategy and Business Planning

12.        Company Profiles

12.1      St. Johns Packaging

12.1.1     Key Facts

12.1.2     Business Description

12.1.3     Products and Services

12.1.4     Financial Overview

12.1.5     SWOT Analysis

12.1.6     Key Developments

12.2      Berry Global Inc.

12.2.1     Key Facts

12.2.2     Business Description

12.2.3     Products and Services

12.2.4     Financial Overview

12.2.5     SWOT Analysis

12.2.6     Key Developments

12.3      Bischof + Klein SE & Co. KG

12.3.1     Key Facts

12.3.2     Business Description

12.3.3     Products and Services

12.3.4     Financial Overview

12.3.5     SWOT Analysis

12.3.6     Key Developments

12.4      Mondi

12.4.1     Key Facts

12.4.2     Business Description

12.4.3     Products and Services

12.4.4     Financial Overview

12.4.5     SWOT Analysis

12.4.6     Key Developments

12.5      LPS Industries

12.5.1     Key Facts

12.5.2     Business Description

12.5.3     Products and Services

12.5.4     Financial Overview

12.5.5     SWOT Analysis

12.5.6     Key Developments

12.6      PAC Worldwide Corporation

12.6.1     Key Facts

12.6.2     Business Description

12.6.3     Products and Services

12.6.4     Financial Overview

12.6.5     SWOT Analysis

12.6.6     Key Developments

12.7      UFlex Limited

12.7.1     Key Facts

12.7.2     Business Description

12.7.3     Products and Services

12.7.4     Financial Overview

12.7.5     SWOT Analysis

12.7.6     Key Developments

12.8      Maco PKG.

12.8.1     Key Facts

12.8.2     Business Description

12.8.3     Products and Services

12.8.4     Financial Overview

12.8.5     SWOT Analysis

12.8.6     Key Developments

12.9      Sonoco Products Company

12.9.1     Key Facts

12.9.2     Business Description

12.9.3     Products and Services

12.9.4     Financial Overview

12.9.5     SWOT Analysis

12.9.6     Key Developments

13.        Appendix

13.1      About The Insight Partners

13.2      Glossary


LIST OF TABLES

Table 1.             North America Wicketed Bags Market –Revenue Forecast to 2028 (US$ Mn)

Table 2.             US Wicketed Bags Market, by Type – Revenue and Forecast to 2028 (US$ Mn)

Table 3.             US Wicketed Bags Market, by Application – Revenue and Forecast to 2028 (US$ Mn)

Table 4.             Canada Wicketed Bags Market, by Type – Revenue and Forecast to 2028 (US$ Mn)

Table 5.             Canada Wicketed Bags Market, by Application – Revenue and Forecast to 2028 (US$ Mn)

Table 6.             Mexico Wicketed Bags Market, by Type – Revenue and Forecast to 2028 (US$ Mn)

Table 7.             Mexico Wicketed Bags Market, by Application – Revenue and Forecast to 2028 (US$ Mn)

Table 8.             Glossary of terms, Wicketed Bags Market

 

LIST OF FIGURES

Figure 1.           North America Wicketed Bags Market Segmentation

Figure 2.           North America Wicketed Bags Market Segmentation – By Country

Figure 3.           North America Wicketed Bags Market Overview

Figure 4.           Food Segment Held Largest Share of North America Wicketed Bags Market

Figure 5.           US Held Largest Share of North America Wicketed Bags Market

Figure 6.           North America PEST Analysis

Figure 7.           Expert Opinion

Figure 8.           North America Wicketed Bags Market Impact Analysis of Driver and Restraints

Figure 9.           North America: Wicketed Bags Market – Revenue Forecast to 2028 (US$ Mn)

Figure 10.        North America Wicketed Bags Market Revenue Share, By Type (2020 and 2028)

Figure 11.        Loose Flap: North America Wicketed Bags Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 12.        Bottom Gusset: North America Wicketed Bags Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 13.        Side Gusset: North America Wicketed Bags Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 14.        Others: North America Wicketed Bags Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 15.        North America Wicketed Bags Market Revenue Share, By Application (2020 and 2028)

Figure 16.        Food: North America Wicketed Bags Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 17.        Pharmaceutical: North America Wicketed Bags Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 18.        Personal Care and Cosmetic Products: North America Wicketed Bags Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 19.        Industrial Goods: North America Wicketed Bags Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 20.        Others: North America Wicketed Bags Market – Revenue and Forecast To 2028 (US$ Mn)

Figure 21.        North America: Wicketed Bags Market – Revenue by Country to 2028 (US$ Mn)

Figure 22.        North America: Wicketed Bags Market Revenue Share, by Key Country (2020 and 2028)

Figure 23.        US: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)

Figure 24.        Canada: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)

Figure 25.        Mexico: Wicketed Bags Market –Revenue and Forecast to 2028 (US$ Mn)

Figure 26.        Impact of COVID-19 Pandemic in North American Country Markets

 

  1. Berry Global Inc.
  2. Bischof + Klein SE & Co. KG
  3. LPS Industries
  4. Maco PKG
  5. Mondi
  6. PAC Worldwide Corporation
  7. Sonoco Products Company
  8. St. Johns Packaging
  9. UFlex Limited
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