String bags are easily accessible bags which are widely available in smaller sizes easing the transport of smaller items such as travel essentials, toys, clothes, books, and lunch among others. String bags are also increasingly being used for new product packaging, which increases the aesthetic appeal of the product.
MARKET DYNAMICS
String bags are extensively versatile in use, and it is the primary factor expected to drive the demand for the string bag market during the forecast period. Further, string bags are reusable, recyclable, and durable unlike other packaging solutions such as polythene and paper bags, which are used only once. Additionally, string bags are easy to open and close in comparison to zipper bags, which are bulky and delicate to handle. Such factors are expected to drive the demand for the string bags market during the forecast period.
MARKET SCOPE
The "Global String Bag Market Analysis to 2028" is a specialized and in-depth study of the chemicals and materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the string bag market with detailed market segmentation based on product and end use industry. The global string bag market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading string bag market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global string bag market is segmented into product and end use industry. By product the string bag market is segmented into material and application. By material, the string bag market is classified into cotton, denim, jute, leather, and others. By application, the string bag market is classified into product packaging, backpack, gifting, storage, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global string bag market based on various segments. It also provides market size and forecast estimates from the year 2019 to 2028 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The string bag market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the string bag market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i.e., drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the string bag in these regions.
MARKET PLAYERS
The report covers vital developments in the string bag as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the luxury lipsticks are anticipated to witness lucrative growth opportunities in the future with the rising demand for luxury lipsticks in the global market. Below mentioned is the list of few companies engaged in the string bag market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the string bag market. Besides, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last three years, the critical development in the past five years.
- Eco-Bags Products, Inc
- Credo Sales Inc.
- Kova Manufacturing Ltd
- Crazy Bags
- Jute Trading Ltd
- The Clever Baggers Ltd
- Halfar System GmbH
- State Line Bag Co.
- Wenzhou Cando Packing Co., Ltd.
- Xiamen Fei Fei Bag Manufacturing Co., Ltd