Disposable Garment Bags Market Forecast and CAGR
According to recent research by Fact.MR, the disposable garment bags market is expected to observe steady growth as businesses recover from the COVID-19 pandemic.
Steady growth in disposable garment bags demand is expected to offer a positive outlook for disposable garment bags. Moreover, online and offline business models are anticipated to propel the sales of disposable garment bags.
What is Driving Demand for Disposable Garment Bags?
As fast fashion trends increasingly penetrate the global garments and apparel industry, consumers of all age groups are motivated to experiment with different types of clothing.
To keep these clothes safe and damage-free, disposable garment bags are used. A major advantage of such bags is their one-time usage. Since these are manufactured using high-grade, recyclable plastic, they can be disposed off easily. Furthermore, disposable garment bags contain plastics that keep clothes wrinkle-free, thereby increasing demand across prominent regions.
Increasing online sales of clothes and apparel have added to the demand for disposable garment bags. Clothes packaged in disposable garment bags are less prone to damage or soiling from external pressures, including rough handling during packaging or transport.
Another reason for disposable garment bags being preferred by the end-user industries is that they are travel-friendly. As these bags can be neatly folded, they are convenient to use.
Disposable garment bags are made with durable material and have a zipper closure. This helps easy hanging of clothes in the closet. Disposable garment bags usability and durability factor is expected to propel the sales of the bags.
In addition to this, disposable garment bags can be customized in different shapes and sizes. This has ultimately increased the ease of using disposable garment bags in consumers.
Thus, disposable garment bags are not only used by retailers or textile industries but are also used by the common people. Not only do disposable garment bags keep clothes wrinkle-free but they also protect the clothes from dust, harsh environment especially while traveling, and from insects in large warehouses. This factor has positively influenced the disposable garment bags industry.
Moreover, disposable garment bags also enhance the lifespan of the clothes as they prevent any wear and tear, making them a reliable option. Manufacturers of disposable garment bags provide the product in bulk. Thus, disposable garment bags are affordable and retailers have shown a liking towards using these bags.
COVID-19 Impact on Disposable Garment Bags Market
The COVID-19 pandemic led to an initial downswing in the disposable garment bags landscape. As lockdowns were imposed, industrial production fell below par, leading to shortfalls in output levels.
In addition to this, the unemployment rate has also increased. People are investing in essentials used in daily life. Thus, this has hampered the growth of the disposable garment bag industry to a significant extent.
On the other hand, rising hygiene concerns are prompting consumers to opt for safer delivery options through online channels. This has prompted garment manufacturers to ship orders in high-grade disposable garment bags, thus sustaining growth.
Regional Outlook of Disposable Garment Bags Landscape
North America Disposable Garment Bags Landscape
Sales of disposable garment bags across the U.S are expected to surge impressively, given the rising prominence of the domestic apparel and textile industry.
Furthermore, stringent environmental regulations to rein in plastic use are prompting manufacturers to invest in high-grade, recyclable plastics while producing disposable garment bags.
However, certain states have implemented strict bans on single-use plastic, a development that is likely to hamper growth prospects in the near future.
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Asia-Pacific Disposable Garment Bags Market
Prominent economies such as China and India, are immensely broadening the scope of the market for disposable garment bags in the Asia-Pacific. High awareness about the latest fashion trends is increasing expenditure on clothing, thus stimulating demand.
In addition, the surging popularity of online fashion stores has increased the sales of disposable garment bags in the region.
India specifically is witnessing a boom in the fashion industry as the country is a developing one. Shopping malls, retail shops, and online stores are expected to boost the sales of disposable garment bags.
Who are the Prominent Disposable Garment Bags Manufacturers?
Some of the leading manufacturers and suppliers of disposable garment bags include
- International Plastics Inc
- Novolex Holdings Inc
- Ampac Holdings
- Mondi Group
Most of the companies are focusing on developing and designing disposable garment bags that would be biodegradable and not harm the environment. Companies are focusing on adhering to the rules made by the government to preserve the environment.
An Adaptive Approach to Modern-day Research Needs
Disposable Garment Bags Report Highlights:
- Detailed overview of the parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- Poly bags
- PVC garment bags
- Garment Packing bags
By End Users
- Shopping Malls
- Personal use
- North America
- US & Canada
- Latin America
- Brazil, Mexico, Argentina & Rest of Latin America
- Germany, France, Italy, Spain, U.K., Benelux, Russia, and Rest of Europe
- East Asia
- China, Japan, South Korea
- South Asia
- India, Thailand, Malaysia, Indonesia and Rest of South Asia
- Australia and New Zealand
- Middle East and Africa
- GCC Countries, Turkey, South Africa, and Rest of Middle East & Africa
- North America
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
NOTE - All statements of fact, opinion, or analysis expressed in reports are those of the respective analysts. They do not necessarily reflect formal positions or views of the company
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