Press release
Flat Bottom Bags Market to Expand with Significant CAGR During 2018 - 2028
Flat Bottom Bags – Market OutlookFlat Bottom Bags are also known as block bottom bags. This packaging format is an improved variaton of the standard stand up pouch. Flat bottom bags are popular products in the packaging industry, specially for food products. It has many optional added extras such as matte print finishing, grip seal closure or tear notches. The flat bottom bags have high demand in the market owing to the fact that the bag offers shelf stability due to its sturdy level bottom. The base being flat and secure, is ideal for packaging solutions for many consumer products such as rice, tea, coffee, cereal and many more. Thus, the outlook for the growth of the global flat bottom bags market is expected to remain mostly positive during the forecast period. In addition, flat bottom bags are produced with the help of high quality films to enhance the durability and flexibility of the pouches. Flat bottom bags can also be customized to suit individual product prefrences and brand so that it has high resistance to pressure that decreases th chances of package rupture. One of the driving factors of flat bottom bags market is that these bags can be produced with lamination and metalized lining that helps in keeping excess moisture out, which keeps products fresher for longer time.
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Global Flat Bottom Bags market: Key Players
The global flat bottom bags market is characterized by the existence of many prominent players in the market. The main players of the flat bottom bags market compete with their rivalry on the basis of features such as price, quality and product innovation. Few of the key players operating in the global flat bottom bags market are – Pouch Direct, Pouch Makers, Layfield Flexible Packaging, Bags and Pouches, Fine Packaging, Pack Plus, Knack Packaging, Mondi Group, Polypouch, Tekpak Solutions, Yangrui Packaging Bags Specialist, DXC Packaging, Sav-on Bags, Plastic Packaging LLC, Pacific Bags Inc., MT Packaging, PBFY Flexible Packaging, Aceco Industrial Packaging Co., Four Star Plastics among others.
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Product Introduction
In November, 2017, Consolidated Packaging Group (CPG) introduced their new flat-bottom pouches that complement their existing product line. These packages feature a flat bottom for stability and brand awareness. CPG’s new flat-bottom bags are manufactured in numerous sizes, printed using advanced HD 175-line screen Flexo in up to 10 colors. The pouches’ film structures are designed to satisfy each customer’s oxygen and moisture barrier property requirements.
The flat bottom bags market is anticipated to be positively influenced by evolving consumer preferences, and R&D in advanced packaging technologies. Lined board also have immense opportunity for growth in the field of food and beverage.
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