Flexible Packaging · Direct
Monitoring · monthlyProcurement Category Intelligence
Bags (Woven PP)
Overview
Market size
$8.4B
global, USD
CAGR
3.2%
base to forecast
Buyer power
-1.6
supplier-favoured
Suppliers
5
tracked players
Signals
12
4 high severity
Market outlook
2031$9.8B
What changed
Demand by region
Asia Pacific demand45%
Europe demand22%
North America demand18%
Latin America demand8%
Rest of world demand7%
share of global demandtotal 100%
Cost drivers
Polypropylene resin feedstock55%
Conversion and extrusion labor18%
Energy and utility costs12%
Logistics and delivered freight10%
Packaging and overhead5%
share of delivered cost (analyst estimate)