Press release
Evolving Market Trends In The Multiwall Bags Industry: E Advancements in Sustainable Packaging Solutions
Multiwall Bags
What Is the Expected Multiwall Bags Market Size During the Forecast Period?
The size of the multiwall bags market has seen significant increase in the past few years. The market, which was worth $14.31 billion in 2024, is predicted to reach $15.03 billion in 2025, demonstrating a compound annual growth rate (CAGR) of 5.0%. This impressive growth during the historical period can be traced back to a variety of sectors including agriculture, food packaging, construction and building materials, pharmaceutical packaging, and e-commerce packaging.
The market size for multiwall bags is predicted to experience significant expansion in the coming years, reaching a value of $18.44 billion in 2029 with a CAGR of 5.3%. This projected growth within the forecast period can be credited to factors such as food safety regulations, retail packaging, health, hygiene, and custom printing as well as industrial applications. The forecast period is also expected to witness major trends like the use of biodegradable materials, creativity in designs, certifications of sustainability, automation in filling, and technological advancements.
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What Are the High-Growth Segments in the Multiwall Bags Market?
The multiwall bags market covered in this report is segmented -
1) By Product Type: Paper Based, Plastic Bags
2) By Layer: 2-Ply, 3-Ply, Others Layers
3) By Application: Food And Grains, Agriculture, Building And Construction, Chemical, Retail, Pharmaceuticals, Others Applications
Subsegments:
1) By Paper-Based Multiwall Bags: Kraft Paper Bags, Poly Coated Paper Bags, Multi-Ply Paper Bags, Woven Paper Bags
2) By Plastic Multiwall Bags: Polyethylene (PE) Bags, Polypropylene (PP) Bags, Multi-Layer Plastic Bags, Biodegradable Plastic Bags
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What Key Drivers Are Expected to Influence Future Multiwall Bags Market Growth?
The rise in sustainable packaging use is predicted to fuel the expansion of the multiwall bags market. Sustainable packaging options, which are made from recyclable materials and are environmentally friendly, have the smallest environmental impact. Multiwall bags, which are easily recycled and made from renewable resources, are an example of such packaging solutions. For example, a study by Trivium Packaging, a Dutch sustainable packing firm, polled over 15,000 end consumers in North America, Europe, and South America in 2021 and found that 83% were willing to pay a premium for sustainable packaging. This is a significant increase from the 70% reported in the previous year. As a result, the increased adoption of sustainable packaging is pushing the multiwall bags market forward.
Which Companies Hold the Largest Share Across Different Multiwall Bags Market Segments?
Major companies operating in the multiwall bags market include Mondi Group, Berry Global Inc., Sonoco Products Company, Hood Packaging Corporation, Manyan Inc, Lincon Polymers Pvt. Ltd., ProAmpac Holdings Inc., Global-Pak Inc., LC Packaging International BV, NNZ Group, Premier Polymer Inc., United Bags Inc., Langston Companies Inc., Trombini Embalagens S.A., Nebig Verpakkingen B.V., El Dorado Packaging Inc., Material Motion Inc., MIDCO Global, San Miguel Yamamura Woven Products Sdn Bhd, Oji Fibre Solutions Limited, Sanghavi Global, Napco National, Corman Bag Co. Inc., Bag Supply Company Inc., Southern Packaging LP, Novey Bag Co., Stephen Gould Corp., Mil-Spec Packaging of GA Inc.
What Trends Are Driving Growth in The Multiwall Bags Market?
Leading corporations in the multiwall bags market are prioritizing technological advancements and innovations, such as the novel polyethylene (PE) which offers enhanced barrier characteristics, increased strength and lifespan, weight reduction, and advocates for eco-friendliness by boosting recyclability and reducing ecological damage. One sustainable material used for this is the Low-Friction Quality (LFQ), which is recyclable and retains its low friction properties ensuring efficient waste management while minimizing environmental harm. For example, in September 2024, the American packaging firm, ProAmpac, rolled out its QUADFLEX Recyclable LFQ. Tailored to meet the rising demand for recyclable packaging for superior pet food, lawn and garden care, and dry foods weighing as much as 40 lbs, this large-scale quad-seal pouch allows brands to maintain their product's superior shelf appeal with long-lasting durability for larger fills, all in an eco-friendly package.
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What Are the Emerging Geographies for The Multiwall Bags Market Growth?
Asia-Pacific was the largest region in the multiwall bags market in 2024. The regions covered in the multiwall bags market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Multiwall Bags Market?
2. What is the CAGR expected in the Multiwall Bags Market?
3. What Are the Key Innovations Transforming the Multiwall Bags Industry?
4. Which Region Is Leading the Multiwall Bags Market?
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