String bags bring back the old style of shopping bags giving them a more aesthetic and an antique look attracting more consumers to purchase the bags. Originally, the string bags were used by fisherman but later it was adapted as retail bags that are knitted or woven using cotton, jute or plastic. String bags offer more product visibility and breathability for the items packed.
The bag has dual short and long handles that make it comfortable to carry around by hand or shoulders. These bags are lightweight and will stretch and expand to allow the passage of air. Such factors have contributed to the steady growth of the string bags industry.
The demand for string bags is high as it is used in various industries such as food & beverage, retail, household and even for agricultural purposes. String bags made up of fabric are highly sustainable, organic, reusable, recyclable, and also accounts for zero waste.
String bags can be customized according to the requirements by attaching custom labels of the brand or attaching a message to give an aesthetic look. The shape and size of the string bags can also be customized. The main advantage of the string bags is that the items packed such as fruits, vegetables, or any other fresh produce stay fresh for a longer period due to the air circulation through the gaps in the bag.
Fabric string bags made up of cotton or jute are highly preferred over plastic string bags for grocery shopping as they are washable that makes the bag reusable. String bags can also be used as laundry bags in the household because of the breathability attribute. They can carry heavy weights right from carrying fruits and vegetables to carrying firewood in cold countries across the globe.
The increased demand for fresh seafood is presenting a great opportunity for the string bags market in the seafood segment. The ongoing trend of using sustainable packaging products is triggering the sales of string bags as they can be reused for secondary purposes. Retail stores such as hypermarkets, supermarkets are adopting string bags replacing plastic bags specifically for fresh foods to allow proper circulation of air.
The factors that will hamper the growth of the string bags market are the cost of raw materials such as cotton and jute. They are not easily available in every region leading to higher prices which will increase the packaging cost too. The threat of substitutes such as plastic bags also acts as a restraint in the growth of the string bags market.
The coronavirus pandemic has forced a major part of the population to sit at home and restrict travel due to restrictions and lockdown. The offline retail stores and shopping outlets have been hit hard by the pandemic as they were shut down for a significant duration. As most of the grocery shopping was done through online deliveries, the usage of string bags was also limited. However, as the pandemic situation is improving consumers are buying patterns are also changing back to normal triggering the increase in usage of string bags for shopping purposes.
String Bags Market can be segmented by material type, capacity, and end-use.
Based on the Material Type, the String Bags Market has been segmented as
Based on the Capacity, the String Bags Market has been segmented as
Based on End Use, the String Bags Market has been segmented as
As western consumers are increasingly becoming aware of sustainable practices, green products and packaging, their consumption choices are also shifting towards green products such as string bags North America and Europe are witnessed to be the leading players in the string bags market due to the high usage of string bags for not only fresh foods from farmer’s market but also, firewood, wine tasting, household purposes and many others.
The string bag is nowadays part of a fashionable accessory that attract most consumers. The fashion accessory industry has now advanced from being a basic product that is not that significant to gaining a grip in the lifestyle shopping category even in the developing countries of the Asia Pacific region.
Key players in the String Bags Market are,
The report string bags market 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 an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on string bags market segments and geographies.
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