The wicket mailer envelopes and bags market was valued at US$ 1,876.78 million in 2022; registering at a CAGR of 4.5% from 2022 to 2028, according to a new research study conducted by The Insight Partners.
Growing Preference for Wicket Bags and Mailer Envelopes Due to Added Convenience
The report highlights key factors driving the market and prominent players along with their developments in the market.
Various consumer goods manufacturers are seeking flexible packaging solutions that offer convenience during product handling and packaging, reduce the overall turnaround time, and boost overall productivity. Workstations of many industrial packaging lines are often equipped with wickets of wicket bags, which allows packaging facility operators to add empty bags and remove filled bags easily without causing a system slowdown. Wicket bags and mailers are customizable and printable, and are available in various sizes. Therefore, they can be used for the packaging of a wide range of products, including bakery products, vegetables, and fruits; pharmaceutical and personal care products; documents; apparel; diapers; dental floss and picks; and household items. Thus, the food & beverages, pharmaceuticals, retail, courier services, banking, and logistics industries, among others, prefer wicket bags, envelopes, and mailers due to the versatility offered by these materials in operations. Wicket mailer envelopes, especially paper envelopes. These are the factors expected to drive the wicket mailer envelopes and bags market growth.
LPS Industries LLC, Mondi Plc, Hanpak JSC, Euphoria Packaging LLP, PolyCover Ltd, Adsure Packaging Ltd, Zim's Bagging Co, BGR Inc, St. Johns Packaging Ltd, A-Pac Manufacturing Co Inc, Four Star Plastics Inc, PAC Worldwide Corp, Bischof + Klein SE & Co KG, UFlex Ltd, Coveris Management GmbH, and Maco Pkg are among the major players operating in the global wicket mailer envelopes and bags market. Market players are highly focused on developing high-quality and innovative product offerings to fulfill varied requirements of their customers.
Impact of COVID-19 Pandemic on Wicket Mailer Envelops and Bags Market
The consumer goods industry is one of the industries that suffered serious disruptions due to disturbances in supply chains and shutdowns of production plants amid the COVID-19 pandemic. The shutdown of various banks, manufacturing plants, and factories in regions such as North America, Europe, Asia Pacific, South America, and the Middle East & Africa had further ill effects on supply chains, manufacturing, delivery schedules, and sales. Many businesses announced possible delays in product deliveries and slump in the future sales of their products which hampered packaging materials’ production and demand. Irrespective of a decline in demand for certain types of packaging, the need for packaging suitable for e-commerce shipments surged in 2020 and 2021. This can be attributed to a rise in the online purchase of consumer goods. With economies planning to revive their operations, the demand for wicket mailer envelopes and bags is expected to surge in the coming years.
Global Wicket Mailer Envelopes and Bags Market Breakdown – by Region
Wicket Mailer Envelopes and Bags Market Forecast to 2028 - COVID-19 Impact and Global Analysis By Material Type {Plastic [Polyethylene (PE), Polypropylene (PP), Polyethylene Terephthalate (PET), and Others] and Paper}, Product Type (Poly Wicket Bags, Paper Wicket Bags, Poly Wicket Mailers, and Paper Wicket Mailers), and End Use (Banking & Financial Services, Courier & Logistics, Retail, and Others)
Wicket Mailer Envelopes and Bags Market Size | Report 2028
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The report includes the segmentation of the global wicket mailer envelopes and bags market as follows:
The wicket mailer envelopes and bags market, by material type, is segmented into plastic and papers. The plastic segment is further divided into polyethylene (PE), polypropylene (PP), polyethylene terephthalate (PET), and others. Based on product type, the wicket mailer envelopes and bags market is segmented into poly wicket bags, paper wicket bags, poly wicket mailers, and paper wicket mailers. The wicket mailer envelopes and bags market, by end use, is segmented into banking & financial services, courier & logistics, retail, and others. Based on geography, the market is broadly segmented into North America, Europe, Asia Pacific (APAC), the Middle East & Africa (MEA), and South & Central America. The wicket mailer envelopes and bags market in North America is further segmented into the US, Canada, and Mexico. The European market is subsegmented into Germany, France, the UK, Italy, Russia, and the Rest of Europe. The wicket mailer envelopes and bags market in Asia Pacific is divided into China, India, Japan, Australia, South Korea, and the Rest of Asia Pacific. The market in the MEA is further segmented into South Africa, Saudi Arabia, the UAE, and the Rest of MEA. The wicket mailer envelopes and bags market in South & Central America market is segmented into Brazil, Argentina, and the Rest of South & Central America.
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