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Emerging Trends to Reshape the Multiwall Bags Market: E Advancements in Sustainable Packaging Solutions as a Key Influencer
Multiwall Bags Market Growth
Multiwall Bags Market Size Valuation Forecast: What Will the Market Be Worth by 2025?
The market for multiwall bags has seen considerable growth in the past few years. The market value is set to increase from $14.31 billion in 2024 to $15.03 billion in 2025, reflecting a compound annual growth rate (CAGR) of 5.0%. Factors contributing to this growth in the historical period include the agricultural sector, food packaging, construction and building materials, pharmaceutical packaging, and e-commerce packaging.
Multiwall Bags Market Size Forecast: What's the Projected Valuation by 2029?
The market size of multiwall bags is predicted to witness robust growth in the upcoming years, reaching a valuation of $18.44 billion by 2029 while growing at a compound annual growth rate (CAGR) of 5.3%. This growth projected within the forecast period can be credited to factors such as food safety regulations, retail packaging, health and hygiene considerations, custom printing, and various industrial applications. Some significant trends expected during this forecast period encompass the use of biodegradable materials, inventive designs, sustainability certifications, automated filling systems, and technological advancements.
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What Are the Drivers Transforming the Multiwall Bags Market?
The uptake of sustainable packaging options is predicted to boost the progress of the multiwall bags market in the future. These alternatives have the smallest footprint on the environment as they're made from recyclable materials and are environmentally friendly. Multiwall bags, made using renewable resources and being easily recyclable, are therefore labeled as sustainable packaging choices. For instance, a 2021 study conducted by Trivium Packaging, a Netherlands-based firm specializing in sustainable packing, involving over 15,000 ultimate consumers from North America, Europe, and South America, revealed that 83% are prepared to spend more on sustainable packaging, a rise from 70% the previous year. As a result, the increased reliance on sustainable packaging is propelling the multiwall bags market expansion.
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What Long-Term Trends Will Define the Future of the Multiwall Bags Market?
Leading enterprises in the multiwall bags market are prioritising the development and technological advancements like new polyethylene (PE) to boost barrier characteristics, increase strength and longevity, decrease weight, and foster sustainability through higher recyclability and less environmental damage. A sustainable material known as Recyclable Low-Friction Quality (LFQ) has been introduced; it retains low friction features while being recyclable, thus aiding in effective waste management and lessening environmental harm. For example, ProAmpac, a US-based packaging firm, unveiled the QUADFLEX Recyclable LFQ in September 2024. This large-format quad-seal pouch caters to the growing need for recyclable packaging solutions for superior pet food, lawn and garden care, and dry foods up to 40 lbs. The QUADFLEX Recyclable LFQ offers brands the ability to maintain the superior shelf appeal of a quad-sealed bag, provide exceptional durability for heavier fillings, all within a recyclable packaging.
Which Segments in the Multiwall Bags Market Offer the Most Profit Potential?
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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Which Firms Dominate the Multiwall Bags Market by Market Share and Revenue in 2025?
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.
Which Regions Offer the Highest Growth Potential in the Multiwall Bags Market?
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.
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