According to the latest study by Fact.MR, flood protection sandbags market is expected to show substantial growth over the forecast period (2021-2031). Increase in seasonal floods due to environmental catastrophe has propelled the demand for sandbags. Moreover, rise in production of polypropylene as a raw material is bolstering the sales and is projected to grow at CAGR of around ~8.5% over the projected forecast period.
Sandbags, is gaining prominence for its ability to divert flood water globally. Moreover, with world experiencing frequent number of flash floods and cyclones there is an urgent need to tackle the impact of crisis in order to minimize its effect. Thus sandbags act as an immediate response to mitigate the effect. These above mentioned factors have acted as major factor driving the growth of sandbags for flood protection.
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Market Players: –
Some of the key prominent players in the industry includes
- Cherokee Manufacturing
- Rapid Packaging
- Palmetto Industries
- QINGDAO THANKYOU TRADING CO LTD
- LMC Global PVT Ltd
- Sandbag Store LLC
- One Ton Bag
- United Bags
- Southern Packaging LP.
Aforementioned players have mainly relied on inorganic growth strategies such as mergers and acquisitions to expand their businesses and increase consumer base.
What Do You Get in a Fact.MR Study?
- Factors affecting the overall development of the global Flood Protection Sandbags Market
- Factor that might restrain the growth of the global market in the coming years of the forecast period.
- What is present competitive scenario of the global Flood Protection Sandbags Market and its intricate details concerning potential business prospects of leading market players
- Pricing strategies of several different market players in the global Flood Protection Sandbags Market
Key Segments
- By Material Type
- PP
- Jute
- HDPE
- LDPE
- By Product Type
- Bulrap
- Woven Polypropylene
- By Seal Type
- Drawstring
- Heat Seal
- Zip Seal
- By Region
- North America
- Latin America
- Europe
- East Asia
- South Asia
- Oceania
- Middle East & Africa
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 an 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.
Flood Protection Sandbags Market 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
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