Multiwall Bags Market By Size, Demand Analysis, Type, Statistics, Regions and Forecast - 2028

The global multiwall bags market is estimated to grow at a CAGR of 4.5% during the forecast period.

Multiwall bags are in high demand from end-use industries such as food and beverage, agriculture, construction, and healthcare. Low weight, recyclability, and longevity are all advantages of using plastic and paper. Kraft paper and/or plastics are used to make multiwall bags. It supports to protect the product during transportation and prolong its shelf life. During the forecast period, an increase in modern retailing and rising packaging activities, particularly in emerging nations, are expected to drive the market growth.

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Multiwall bags are used in the food and beverage industry to package ready-to-eat foods, dairy products, food commodities (rice, wheat, cereals), and FMCG (wheat flour, oil), among others. The inner layer of multiwall bags is food grade in the food and beverage industry to preserve the shelf life and quality of the products. The construction sector has seen a tremendous demand for multiwall bags in the packaging of building materials such as cement and aggregates. With the rise in the demand for cement, the demand for plastic-based multiwall bags, particularly FIBC woven bags, has increased significantly over the years. Food and beverage, agriculture, retail, pharmaceutical, and consumer goods industries all employ single layer or ply bags. These bags are made from thermoplastic polymers such as polyethylene and polypropylene, which are readily available and inexpensive raw ingredients. Flexible packaging items are single-layer bags. They are readily available for packing with a low to medium density. Single-use plastic bags account for the majority of single-layer plastic bags. For low-density packaging, single-layer bags can be used instead of multiwall bags. Groceries, retail, clothing, stationery, confectioneries, pharmaceuticals, and hot and cold beverages all use single-layer paper and plastic bags.

Market Coverage
• The market number available for - 2021-2028
• Base year- 2021
• Forecast period- 2022-2028
• Segment Covered-
o By Product Type
o By Layer
o By Application

• Regions Covered-
o North America
o Europe
o Asia-Pacific
o Rest of the World

• Competitive Landscape- Mondi plc, Berry Global Inc., and Sonoco Products Co., among others.

Key questions addressed by the report

• What is the market growth rate?
• Which segment and region dominate the market in the base year?
• Which segment and region will project the fastest growth in the market?
• How COVID-19 impacted the market?
o Deviation from the pre-COVID-19 forecast
o Most affected region and segment
• Who is the leader in the market?
• How players are addressing challenges to sustain growth?
• Where is the investment opportunity?

Global Multiwall Bags Market Report by Segment

By Product Type
• Paper Bags
• Plastic Bags

By Layer
• 2-Ply
• 3-Ply
• Others

By Application
• Food and Grains
• Agriculture
• Building and Construction
• Chemicals
• Retail
• Pharmaceuticals
• Others

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This release was published on openPR.