Market Overview:
The global pasted valve bags market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to the increasing demand for pasted valve bags from various end-use industries, such as packaging, transport, and others. In terms of type, the single bag segment is expected to dominate the global pasted valve bags market during the forecast period. This can be attributed to its low cost and easy availability as compared to multi-layer bags. In terms of application, packaging is expected to account for a major share of the global pasted valve bags market during the forecast period.
Product Definition:
A valve bag is a bag made of paper, cloth, plastic film or other material having one or more valves permitting the escape of gases but preventing the entrance of dust, insects and other contaminants.
Single Bag:
Single Bag, also known as Single Use Plastic or SDP, is a type of plastic which is derived from crude oil. It has witnessed tremendous growth in the past few years owing to its increasing demand in packaging applications. The growth of this market can be attributed to factors such as rising disposable income and growing population coupled with government support for infrastructure development across the globe.
The global SDP consumption was estimated at 8 million tons in 2014.
Multi-layer Bag:
Multi-layer bag is a type of packaging that consists of two or more layers of nonwoven fabric, which are sewn together to form a pouch. The Multi-layer bags market is driven by the growing demand for packaging solutions in Valve Bags industry. It offers several advantages over traditional methods such as ease in handling and transportation, lesser space requirement during storage and shipping, enhanced product protection from damage due to external forces etc.
Application Insights:
The packaging application segment accounted for the largest share of over 40.0% in 2017 and is expected to continue its dominance over the forecast period. The growth can be attributed to factors such as growing demand for packaged food & beverages, increasing consumption of alcoholic and non-alcoholic beverages, pharmaceuticals, cosmetics among others.
PVC bags are used in various industries including food & beverage and healthcare owing to their properties such as high flexibility along with strength and durability required in these applications. They are also used in transport applications owing to their properties such as light weight along with weather resistance which makes them suitable for long journeys at different temperatures across diverse regions globally.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market with a CAGR of XX% from 2018 to 2030 owing to rapid industrialization and increasing population in China, India, Vietnam, Thailand and Indonesia. The growth can be attributed to the presence of numerous manufacturing industries in these countries that require high volumes of packaging solutions.
Europe was valued at USD X million in 2017 and is anticipated to witness steady growth over the forecast period owing to stringent regulations regarding pollution control standards for packaged food products by the European Union (EU). In addition, rising demand for convenience foods such as pastries & croissants; sandwiches; burgers; hot dogs; frozen pizza; ready meals including stir-fry dishes will drive product demand further.
North America held a significant share in global market revenue due its developed healthcare industry coupled with high consumption levels of pharmaceuticals across U.S.
Growth Factors:
- Increasing demand for pasteurized milk and dairy products: The global pasteurized milk and dairy products market is projected to grow at a CAGR of 5.5% from 2017 to 2022. This growth can be attributed to the increasing awareness about the benefits of consuming pasteurized milk and dairy products, rising disposable income, and changing lifestyle trends.
- Growing demand for convenience foods: The global convenience food market is projected to grow at a CAGR of 6% from 2017 to 2022. This growth can be attributed to the increasing urbanization, rising disposable income, changing lifestyles, and growing demand for healthy snacks options.
- Rising trend of home cooking: There is a growing trend among consumers towards home cooking as it allows them greater control over ingredients used in dishes and also helps save money on restaurant bills. This shift towards home cooking is expected to benefit the pasted valve bags market as these bags are ideal for packing cooked food items such as rice, pasta, etc., which can then be easily transported or stored in refrigerators/freezers without any leakage or spillage issues occurring..
Scope Of The Report
Report Attributes
Report Details
Report Title
Pasted Valve Bags Market Research Report
By Type
Single Bag, Multi-layer Bag
By Application
Packaging, Transport, Others
By Companies
Mondi, Coveris, Novey Bag, Langston, United Bag, Shinil PNS, Daman Polyfabs, Rosenflex, Trombini, Material Motion, Mondi, Bag Supply, Apack Manufacturing Sdn Bhd
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
223
Number of Tables & Figures
157
Customization Available
Yes, the report can be customized as per your need.
Global Pasted Valve Bags Market Report Segments:
The global Pasted Valve Bags market is segmented on the basis of:
Types
Single Bag, Multi-layer Bag
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Packaging, Transport, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Mondi
- Coveris
- Novey Bag
- Langston
- United Bag
- Shinil PNS
- Daman Polyfabs
- Rosenflex
- Trombini
- Material Motion
- Mondi
- Bag Supply
- Apack Manufacturing Sdn Bhd
Highlights of The Pasted Valve Bags Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Single Bag
- Multi-layer Bag
- By Application:
- Packaging
- Transport
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Pasted Valve Bags Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Pasted valve bags are a type of air bag that is used in automobiles. They are made from a strong, durable fabric and have a metal clip at one end. The clip is attached to the steering wheel or another location on the vehicle, and it can be easily pulled out to inflate the bag in case of an accident.
Some of the major companies in the pasted valve bags market are Mondi, Coveris, Novey Bag, Langston, United Bag, Shinil PNS, Daman Polyfabs, Rosenflex, Trombini, Material Motion, Mondi, Bag Supply, Apack Manufacturing Sdn Bhd.
The pasted valve bags market is expected to grow at a compound annual growth rate of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Pasted Valve Bags Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Pasted Valve Bags Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Pasted Valve Bags Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Pasted Valve Bags Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Pasted Valve Bags Market Size & Forecast, 2018-2028
4.5.1 Pasted Valve Bags Market Size and Y-o-Y Growth
4.5.2 Pasted Valve Bags Market Absolute $ Opportunity
Chapter 5 Global Pasted Valve Bags Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Pasted Valve Bags Market Size Forecast by Type
5.2.1 Single Bag
5.2.2 Multi-layer Bag
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Pasted Valve Bags Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Pasted Valve Bags Market Size Forecast by Applications
6.2.1 Packaging
6.2.2 Transport
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Pasted Valve Bags Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Pasted Valve Bags Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Pasted Valve Bags Analysis and Forecast
9.1 Introduction
9.2 North America Pasted Valve Bags Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Pasted Valve Bags Market Size Forecast by Type
9.6.1 Single Bag
9.6.2 Multi-layer Bag
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Pasted Valve Bags Market Size Forecast by Applications
9.10.1 Packaging
9.10.2 Transport
9.10.3 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Pasted Valve Bags Analysis and Forecast
10.1 Introduction
10.2 Europe Pasted Valve Bags Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Pasted Valve Bags Market Size Forecast by Type
10.6.1 Single Bag
10.6.2 Multi-layer Bag
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Pasted Valve Bags Market Size Forecast by Applications
10.10.1 Packaging
10.10.2 Transport
10.10.3 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Pasted Valve Bags Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Pasted Valve Bags Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Pasted Valve Bags Market Size Forecast by Type
11.6.1 Single Bag
11.6.2 Multi-layer Bag
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Pasted Valve Bags Market Size Forecast by Applications
11.10.1 Packaging
11.10.2 Transport
11.10.3 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Pasted Valve Bags Analysis and Forecast
12.1 Introduction
12.2 Latin America Pasted Valve Bags Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Pasted Valve Bags Market Size Forecast by Type
12.6.1 Single Bag
12.6.2 Multi-layer Bag
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Pasted Valve Bags Market Size Forecast by Applications
12.10.1 Packaging
12.10.2 Transport
12.10.3 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Pasted Valve Bags Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Pasted Valve Bags Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Pasted Valve Bags Market Size Forecast by Type
13.6.1 Single Bag
13.6.2 Multi-layer Bag
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Pasted Valve Bags Market Size Forecast by Applications
13.10.1 Packaging
13.10.2 Transport
13.10.3 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Pasted Valve Bags Market: Competitive Dashboard
14.2 Global Pasted Valve Bags Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Mondi
14.3.2 Coveris
14.3.3 Novey Bag
14.3.4 Langston
14.3.5 United Bag
14.3.6 Shinil PNS
14.3.7 Daman Polyfabs
14.3.8 Rosenflex
14.3.9 Trombini
14.3.10 Material Motion
14.3.11 Mondi
14.3.12 Bag Supply
14.3.13 Apack Manufacturing Sdn Bhd
