Desiccant Bag Market Size with Emerging Trends 2023 | Top Key Players Updates, Business Growing Strategies, Competitive Dynamics, Industry Segmentation and Forecast to 2029

PRESS RELEASE

Published May 11, 2023

Gain a competitive edge with this Desiccant Bag Market Research Report that provides a comprehensive overview of the current market, including key trends, growth prospects, and competitive landscape. It also offers valuable insights into how to optimize your marketing campaigns and improve customer experiences based on the latest industry developments.

Market Overview:
The latest research study on the global Desiccant Bag market finds that the global Desiccant Bag market reached a value of USD 332.21 million in 2022. It’s expected that the market will achieve USD 450.83 million by 2028, exhibiting a CAGR of 5.22% during the forecast period.
Desiccant bags are the flexible small pouches that are filled with the desiccant material. Desiccant bags are also called as moisture absorber bags. The desiccant bags absorb moisture in the packaging of the products which require to be protected from moisture which can cause corrosion and degradation. Desiccant bags maintain quality and shelf life of the packaged products. The desiccant material is filled in the paper bag or sachet and after absorption of moisture the desiccant turns into gel. Desiccant bags are used in various applications such as chemical, food and beverages, and pharmaceutical, etc.Upstream and downstream interactions will lead to disruption of business The epidemic will have a short-term impact on desiccant bag industry, but it is relatively limited. Due to the impact of the epidemic, the production of raw materials and equipment procurement and transportation supply are difficult to be in place, and upstream enterprises affect the work schedule of downstream enterprises. Equipment manufacturing and product manufacturing enterprises in desiccant bag industry are affected to different degrees, and the production and delivery work may be delayed to some extent. Meanwhile, if it fails to meet the customer's delivery time requirements according to the contract, it may lead to the customer looking for another enterprise and lose business. Affect the normal operation of the industryThe impact of COVID-19 on the desiccant bag industry will involve all major links and all entities in the industry chain. The company's management efficiency has declined, commuting has been severely hindered, production plans have been severely hindered, network expansion has been delayed, marketing has been delayed, brand adjustments have been forced, market sales have declined, and company and employee revenue have declined. The government has also put forward higher requirements for the production and operation of enterprises. Although various industries around the world are gradually resuming work, production and demand will not pick up rapidly and substantially, and will require a certain recovery period.Increasing demandRising urbanization, modernization, and globalization are driving the growth in the desiccant bag market value. Growing product innovations by the beverages manufacturing industry in terms of taste, texture, color, and other aspects, surging awareness about the benefits of environmentally friendly packaging solutions, rising integration of humidity indicator cards and surging development in flexible packaging solutions will further induce growth in the desiccant bag market value. Surging research and development proficiencies, growing focus of the manufacturers on minimize the production cost without compromising with the quality, surging application of desiccant bags by the storage facilities and warehouses, growing technological advancements in the packaging equipment and technology to accommodate a diversified range of products, increased proliferation of e-commerce industry and rising number of supermarkets, hypermarkets, and convenience stores are some other desiccant bag market growth determinants.Limitation of desiccant bagsDespite the positive outlook, there are various factors that might hinder the growth of the global desiccant bags market. The desiccant bags if opened, pose the risk of dust exposure, which is known to cause nasal and throat irritation among people. In addition, a strict protocol must be followed for the disposal of moisture controller sachets, as exposure to the absorbed moisture in the atmosphere might cause respiratory problems and diseases. Therefore, it is absolutely critical that desiccant bag manufacturers ensure proper labeling in the form of hazard warnings and instructions.

Region Overview
In global comparison, a significant portion of the revenue was generated in North America (30.05% in 2022).

Company Overview
Uline is one of the major players operating in the Desiccant Bag market, holding a share of 9.58% in 2022.UlineUline is a privately held American company which offers shipping and other business supplies. Uline was founded in 1980 by Richard and Elizabeth Uihlein. It has more than 7,000 employees and is headquartered in Pleasant Prairie, Wisconsin.Tropack PackmittelAs a leading desiccant manufacturer, Tropack Packmittel offers a wide range of desiccant bags with highly active desiccants, as well as genuine product innovations, for industry and trade. Tropack Packmittel uses the new TROPApuck ® (i) to unlock innovative and economic applications, particularly for the pharmaceuticals industry.

Segmentation Overview
As for product types, the Silica Gel Desiccant Bag segment held the largest market share in 2022.Silica Gel Desiccant BagOn the basis of desiccant material type, the desiccant bags are filled with different desiccant materials such as Silica gel, Calcium oxide, and Calcium sulphate. Silica gel desiccant bag is one of the most widely used environmentally friendly desiccants, which is transparent or milky white granular solid. Silica gel desiccant has an open-pore structure and strong adsorption force, which can adsorb various substances. Silica gel desiccant bag has strong hygroscopicity, known as silica gel desiccant air dryer, also known as silica gel desiccant dehumidifier. Silica gel desiccant adsorbs water vapor or other organic matter in the medium during use, adsorption capacity decreases, so the silica gel desiccant pack needs to be stored in a dry environment, but the silica gel can be regenerated and reused. Silica gel desiccant bags should avoid rain, moisture and sunlight during transportation.Calcium Oxide Desiccant BagCalcium oxide is calcinated or re-calcinated lime having a moisture adsorptive capacity of not less than 28.5% by weight. The distinguishing feature of calcium oxide (also known as quicklime) is that it will absorb a much greater amount of water vapor at a very low relative humidity than other materials. It is most effective where a low critical relative humidity is necessary, and where there is a high concentration of water vapor present. Calcium oxide removes water from a package very slowly, often taking days to reach its maximum capacity. As calcium oxide absorbs moisture, it swells. Proper desiccant packaging is required for effective use. For these reasons, its use has been limited to primarily the packaging of dehydrated foods.Calcium Sulphate Desiccant BagCalcium sulfate (better known commercially as DrieriteT) is created by the controlled dehydration of gypsum. It is a general-purpose desiccant geared mainly toward laboratory use. It is chemically stable, non-disintegrating, non-toxic, non-corrosive, and does not release its adsorbed water easily when exposed to higher ambient temperatures. The low cost of calcium sulfate must be weighed against its equally low adsorptive capacity; it adsorbs only up to 10% of its weight in water vapor. Calcium sulfate also has regeneration characteristics that tend to limit its useful life.Clay Desiccant BagClay Desiccant Bags are made of an aluminosilicate clay compound which is a natural mineral and is more economical than silica gel. These desiccant bags, containing activated clay, provide superior humidity control in sealed containers by absorbing moisture. Clay Desiccant Bags to dry out moisture and properly maintain the goods during transport, handling and storage.

Application Overview
The market's largest segment by application is the segment Food and Beverages Industry, with a market share of 37.4% in 2022.Chemical IndustryThe desiccant bag market serves global end-users in the chemical, food and beverages, and pharmaceutical and so on. Manufacturing uses desiccant bags during chemical and product manufacturing. In the chemical industry, desiccant bags help prevent some chemicals from forming their hydrates. In other cases, removing moisture protects against dissolving or chemical reactions with water. Desiccant bags remove moisture from solvents and gas streams.Food and Beverages IndustryDesiccant bag is used as a desiccant in the food and beverage industry to increase the shelf life of products and prevent rot and the growth of fungi due to moisture.Pharmaceutical IndustryOne of the essential components of the pharmaceutical industry is desiccants. Desiccants absorb the humidity and control the moisture content. Various types of desiccant bags are used to reduce the moisture content in medicines to preserve the quality and prolong the medicine's life.The report covers a research time span from 2018 to 2029; combines extensive quantitative analysis and exhaustive qualitative analysis; presents not only an overview of the global Desiccant Bag market in metrics of sales, revenue, growth rate, but also a deeper dive into the segmented market by region, product type and downstream industry, showing the readers a clear and distinct picture of how the market is distributed from different perspectives. For competitive landscape, prominent players with considerable market shares are comprehensively analyzed in this report. With information regarding the concentration ratio and detailed data reflecting the market performance of each player shared, the readers can acquire a holistic view of the competitive situation and a better understanding of their competitors. As the COVID-19 takes over the world, we are continuously tracking the changes in the markets. We analyzed the impact of the pandemic in detail, along with other key factors, such as macro-economy, regional conflicts, industry related news and policies. Meanwhile, market investment scenario, technology status and developments, supply chain challenges, among other essential research elements are all covered.Research ScopeThis report provides an overview of the global Desiccant Bag market and analyzes the segmented market by product type, downstream industry, and region, presenting data points such as sales, revenue, growth rate, explaining the current status and future trends of the Desiccant Bag and its sub-markets in an intuitive way.Key Companies in the global Desiccant Bag market covered in Chapter 3:ClariantEdco SupplyBrownellDhatecUlineMultisorbTropack PackmittelGeeJay ChemicalsChunwangSannerAbsortechDesiccareIn Chapter 4 and Chapter 14.2, on the basis of types, the Desiccant Bag market from 2018 to 2029 is primarily split into:Silica Gel Desiccant BagCalcium Oxide Desiccant BagCalcium Sulphate Desiccant BagClay Desiccant Bag In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Desiccant Bag market from 2018 to 2029 covers:Chemical IndustryFood and Beverages IndustryPharmaceutical IndustryOthersGeographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)Latin America (Brazil, Mexico, Argentina)Middle East and Africa (Saudi Arabia, UAE, Egypt, South Africa)Key Factors ConsideredCOVID-19Amid the COVID-19 crisis, the Desiccant Bag market has definitely taken a hit. The report describes the market scenario during and post the pandemic in the vision of upstream raw materials, major market participants, downstream major customers, etc. Other aspects, such as changes in consumer behavior, demand, transport capacity, trade flow under COVID-19, have also been taken into consideration during the process of the research.Regional Conflict / Russia-Ukraine WarThe report also presents the impact of regional conflict on this market in an effort to aid the readers to understand how the market has been adversely influenced and how it’s going to evolve in the years to come.Challenges and OpportunitiesFactors that may help create opportunities and boost profits for market players, as well as challenges that may restrain or even pose a threat to the development of the players, are revealed in the report, which can shed a light on strategic decisions and implementation.Chapter OutlineChapter 1 starts the report with a brief overview of the research scope, as well as the definitions of the target market and the subdivisions.Chapter 2 integrates and sketches the research findings and conclusions in a clear and explicit way.Chapter 3 presents the competitive landscape by displaying the sales, revenue, and market shares of the top players. It also profiles the major market participants with their business introductions, sales, price, revenue, gross, growth rates, etc.Chapter 4 breaks down the market by different product types and shares data correspondingly with the aim of helping the readers know how the market is distributed by type.Chapter 5 segments the market by downstream industry, with data covers sales, revenue, and growth rate tracing back to 2018.Chapter 6 is the analysis of the whole market industrial chain, ranging from upstream raw materials to downstream customers, with regional conflicts taken into consideration.Chapter 7 elaborates on market dynamics. Factors that drive, challenge, or restrain the market are all listed, together with industry news, opportunities, impacts of COVID-19, and SWOT analysis.Chapter 8 shows the breakdown data at the regional level, which enables the readers to picture the regional competitive pattern of the market and learn about the revenue, sales, and market share of all the major regions.Chapter 9-13 focus on each and every of the major region, specifically, North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Sales, price, revenue, gross, gross margin, among others, will be all be presented. Chapter 14 forecasts the future trend of the market not only as a whole but also from the perspective of all segments.Years considered for this report:Historical Years: 2018-2022Base Year: 2022Estimated Year: 2023Forecast Period: 2023-2029
This Desiccant Bag MarketResearch Report provides a complete analysis and insights into the market's size, shares, revenues, various segments, drivers, trends, growth, and development, as well as its limiting factors and regional industrial presence. The goal of the market research is to obtain a complete understanding of the Services industry and its business potential. The Desiccant Bag Market Report is 100 pages long and includes a comprehensive table of contents, a list of figures, tables and charts, as well as extensive analysis.

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Competitive Landscape:
The Top Key Players in the Desiccant Bag industry are as follows:

Clariant
Edco Supply
Brownell
Dhatec
Uline
Multisorb
Tropack Packmittel
GeeJay Chemicals
Chunwang
Sanner
Absortech
Desiccar

and More..

These significant firms utilize a range of tactics to establish market brand identification, including product launch, merger and acquisition, acquisition, joint venture, and partnership.

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Market Segmentation:
Breakup by Product Type:

Silica Gel Desiccant Bag
Calcium Oxide Desiccant Bag
Calcium Sulphate Desiccant Bag
Clay Desiccant Ba

Breakup by Application:

Chemical Industry
Food and Beverages Industry
Pharmaceutical Industry
Other

Regional Insights:
The countries section of the research includes selected market variables that drive current and future market developments. Consumption, import/export analysis, material prices, and upstream and downstream value chain analysis are some indicators utilized to estimate each country's market position.

Geographically,

North America (US, Canada, Mexico)
Europe (UK, France, Germany, Spain, Italy, Central and Eastern Europe, CIS)
Asia Pacific (China, Japan, South Korea, ASEAN, India, Rest of Asia Pacific)
Latin America (Brazil, Rest of LA)
Middle East and Africa (Turkey, GCC, Rest of Middle East)

This section of the research provides essential insights into different geographies and, as a result, the major corporations functioning in each region.

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The epidemic is still causing tremendous disruption in industries throughout the world. We've been tracking the direct and indirect consequences of the COVID-19 outbreak on the Desiccant Bag market. To Know How Covid-19 Pandemic will Impact this Industry - https://www.precisionreports.co/enquiry/request-covid19/23489142

Table of Contents:
With tables and figures to help analyze the global Desiccant Bag market trends, this study provides key statistics on the state of the industry and is a valuable source of guidance and direction for companies and individuals interested in the market.

1. Market Definition and Statistical Scope
1.1 Objective of the Study
1.2 Desiccant Bag Market Definition
1.3 Market Scope
1.3.1 Market Segmentation by Type, Downstream Industry and Marketing Channel
1.3.2 Major Geographies Covered (North America, Europe, Asia Pacific, Middle East and Africa, Latin America)
1.4 Years Considered for the Study (2018-2029)
1.5 Currency Considered (US-Dollar)
1.6 Stakeholders

2. Research Findings and Conclusion

3 Key Companies Profile
3.1 Competitive Profile
3.1.1 Global Sales and Market Share by Companies
3.1.2 Global Revenue and Market Share by Companies

4. Global Desiccant Bag Market Segmented by Type
4.1 Global Sales, Revenue and Growth Rate by Type 2018-2023

5 Global Desiccant Bag Market Segmented by Downstream Industry
5.1 Global Sales, Revenue and Growth Rate by Downstream Industry 2018-2023

6 Desiccant Bag Industry Chain Analysis
6.1 Value Chain Status
6.2 Upstream Raw Material Analysis
6.3 Midstream Major Company Analysis (by Manufacturing Base, by Product Type)
6.4 Distributors/Traders
6.5 Downstream Major Customer Analysis (by Region)
6.6 Value Chain Under Regional Conflicts

7. The Development and Dynamics of Desiccant Bag Market
7.1 Driving Factors of the Market
7.2 Factors Challenging the Market
7.3 Opportunities of the Global Market (Regions, Growing/Emerging Downstream Market Analysis)
7.4 Technology Status and Developments
7.5 Industry News
7.6 Market Investment Scenario Strategic Recommendations
7.7 COVID-19 Impact on Industry
7.8 Industry SWOT Analysis

8 Global Desiccant Bag Market Segmented by Geography
8.1 Global Revenue and Market Share by Region 2018-2023
8.2 Global Sales and Market Share by Region 2018-2023

9 North America
9.1 North America Sales, Price, Revenue, Gross Margin and Gross Analysis from 2018-2023
9.2 North America Sales Analysis from 2018-2023
9.3 North America Import and Export from 2018-2023
9.4 North America Market by Country

10 Europe
10.1 Europe Sales, Price, Revenue, Gross Margin and Gross Analysis from 2018-2023
10.2 Europe Sales Analysis from 2018-2023
10.3 Europe Import and Export from 2018-2023
10.4 Europe Market by Country

11 Asia Pacific
12 Latin America
13 Middle East and Africa

14. Global Desiccant Bag Market Forecast by Geography, Type, and Downstream Industry 2023-2029
14.1 Forecast of the Global Market from 2023-2029 by Region
14.2 Global Sales and Growth Rate Forecast by Type (2023-2029)
14.3 Global Sales and Growth Rate Forecast by Downstream Industry (2023-2029)
14.4 Market Forecast Under COVID-19

15 Appendix
15.1 Methodology
15.2 Research Data Source

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Key Benefits for Stakeholders:

The research provides a detailed quantitative analysis of key market segments, historical and current industry trends, market estimations, and market growth for the Desiccant Bag market from 2018 to 2029.
The research report gives the most recent information on market drivers, challenges, and opportunities.
The research identifies the leading and fastest-growing regional marketplaces. It also allows stakeholders to identify the important country-level marketplaces within each area.
Porter's five forces analysis supports stakeholders in measuring the influence of new entrants, competitive rivalry, supplier power, buyer power, and the possibility of replacement. It enables stakeholders to assess the amount of competition in the Desiccant Bag business as well as its attractiveness.
The competitive landscape helps stakeholders understand their competitive environment and gives insight into the present positions of important companies.

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Drivers, Restrains and Research Methodology:
The research report provides an analysis of the various factors driving the market's growth. The factors that impede market growth are fundamental because they create different curves to seize opportunities in emerging markets. Data collection and analysis for the base year were carried out using a large sample data collection module. The main research methodologies are data mining, data triangulation, including analysis of the impact of variable data on the market, and initial validation (industry experts). Separately, the data model includes a supplier positioning grid, market timeline analysis, market overview and leadership, company positioning grid, company market share analysis, metrics, top-down analysis, and supplier engagement analysis. For further information on this report, please Request a Sample Copy of "Global Desiccant Bag Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029" Here.

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