The multiwall bags market is anticipated to expand its roots at an average CAGR of 4.6% between 2023 and 2033. The market is expected to have a market share of US$ 15.57 billion by 2033 while it is likely to be valued at US$ 24.42 billion in 2023.
- The use of sustainable material in the packaging line along with the popularity of paper bags is garnering the market growth. Furthermore, the expanding paper sacks businesses along with the advantages of multiwall paper sacks are garnering market growth.
- The wide range of applications including food, pet food and care, chemicals pharmaceutical, and other groceries add value to the market. Alongside this, the government banned different grades of plastic to limit carbon emissions, which has increased the consumption of recyclable and multilayered paper bags.
- The closed bag along with the bleached or natural papers is gaining traction in the market.
- The key usage of durable multiwall bags in construction materials like cement, chemicals, fertilizers, grains, and seeds is expected to flourish in the market. The cost efficiency with eco-friendly, and lower cost of recycling has also propelled the market.
- Some of the common multiwall bags include simple brown craft paper bags, pinch-bottom sacks, valve sacks, and others.
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Key Takeaways:
- The United States market leads the multiwall bags market in terms of market share in North America. The United States region held a market share of 18.3% in 2023. The growth in this region is attributed to the expanding outlets, attractive creative packaging, and sustainable packaging. North America region held a significant market share of 27.1% in 2022.
- Germany market is another successful market in the Europe region. The market holds a market share of 4.3% in 2022. The growth is attributed to the bans on plastic packaging and growing awareness around carbon emissions. Europe region held a market share of 24.7% in 2022.
- India’s multiwall bags market booms at a CAGR of 6.0% during the forecast period. The market’s growth is attributed to proliferating packaged food sales along with the focus on promoting paper bags.
- China’s market also thrives at a CAGR of 5.6% between 2023 and 2033. The growth is caused by the high penetration of innovative ideas.
- Based on material type, the plastic segment held the leading market share of 70.6% in 2022.
- Based on end-use type, the food segment performs well as it held a leading market share of 38.3% in 2022.
Competitive Landscape:
The key vendors focus on enhancing the bag quality, adding many layers, and applying different types of papers. Key competitors also merge, acquire, and partner with other companies to increase their supply chain and distribution channel.
Global Multiwall Bags Market Landscape
- Sonoco Products Company,
- Novolex,
- Wellform Packing Group Co., Ltd.,
- Inteplast Group,
- ProAmpac LLC,
- Berry Global, Inc.,
- Nihon Matai Co., Ltd.,
- Gilchrist Bag Manufacturing LLC,
- Alpha Poly Corporation,
- Mondi Group,
- Klabin,
- Ross & Wallace Paper Products, Inc.,
- Cromwell Polyethylene Ltd.,
- Segezha Group LLC,
- Seevent Plastics Ltd.,
- Wooderson Packaging Ltd.,
- LC Packaging International BV,
- PH DOBIS Sp. z o.o.,
- Muscat Polymers Pvt. Ltd.,
- Detpak
Demand for Packed Food Creating Prospects for Multiwall Bags Sales
The global multiwall bag market is looking at steady growth owing to the rising demand for packaged food products. Another important element driving the multiwall bag market growth is the demand for creative and sustainable packaging solutions.
Furthermore, the steadily expanding need for grain crops is resulting in high demand for fertilizers, particularly in emerging nations, which is driving demand for multiwall bags and is likely to drive the market through the forecast period.
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Global Multiwall Bags Market By Category
By Material, Global Multiwall Bags Market is Segmented as:
- Plastic
- Paper
By Capacity, Global Multiwall Bags Market is Segmented as:
- Up to 5Kg
- 6Kg to 10Kg
- 11Kg to 25Kg
- Above 25Kg
By End use, Global Multiwall Bags Market is Segmented as:
- Food
- Chemical & Fertilizers
- Building & Construction
- Automotive
- Other End Use
By Region, Global Multiwall Bags Market is Segmented as:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Middle East & Africa
- Oceania
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