The global woven plastic packaging market is estimated to reach USD 7.18 billion by 2034, up from USD 3.82 billion in 2024, at a compound annual growth rate (CAGR) of 6.40% from 2025 to 2034.
Recent Developments by Key Market Players:
- In February 2025, IPG, a multinational supplier of packaging and protective materials, announced the debut of Plastic Sheeting, a new American brand that comes in Ultra and Performance films. This high-performance, easily workable, and tear-resistant plastic sheeting material is made to offer excellent surface protection for a range of uses. The high-density, translucent film adheres to substrates to assist keep the workspace hygienic and shield surfaces from possible contaminants like overspray while repairs and renovations are underway.
- In February 2025, Flex, a producer of flexible packaging solutions in India, is spending more than $86.35 million to build a new recycling facility in Noida, India, and a woven polypropylene bag (WPP) production facility in Mexico. It is anticipated that these operations will start in the fiscal year 2025–2026 (FY25–26). The $50 million investment to build the WPP manufacturing unit in Mexico has been approved by the Flex board. The pet food markets in North and South America are the target markets for this operation.
- In April 2024, Kite Packaging launched a line of Flexible Intermediate Bulk Containers (FIBC) bags, which aim to simplify bulk handling processes across a variety of sectors. When handling dry, pourable items like sand, fertilizer, chemicals, granular materials, and more, these bags provide efficiency and convenience. The new FIBC bags from Kite Packaging are available with baffles, top skirts, fill spouts, tunnel loops, and other features to meet a range of demands. A safe working load of 1000 kg, a foldable shape for convenient storage when not in use, and sturdy woven polypropylene fabric guarantee strength and lifespan are just a few of the many characteristics and advantages of these bags.
- In June 2023, Knack Packaging declared plans to increase production capacity for the high-end BOPP pinch-bottom woven bags. In view of the worldwide paper crisis, the company displayed its recyclable woven bags for consumers worldwide at Interpack 2023. It also emphasized its woven block bottom bags with a matte finish as a possible substitute for paper bags. In response to the consumer demand for compact, flexible packaging options, the company has also introduced the Knack Flexipack brand.
Woven Plastic Packaging Market Top Players
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