What Are Gusseted Bags?
Gusseted bags are flexible containers with expandable sides (gussets). They are commonly used for packaging, storage, and transportation of various goods. These bags are designed to provide additional space, making them ideal for bulky or irregularly shaped items.
Gusseted bags come in various materials, including plastic, paper, and fabric, catering to a wide range of industries.
Side gusseted segment is projected to hold the lion’s share in the market, accounting for 73.3% of the total sales between 2022 and 2026.
The gusseted bags market in the United States is showing robust growth, as it is projected to register the fastest expansion in North America between 2022 and 2026, according to Future Market Insight. Gusseted bags are increasingly favored for the safe delivery of packaged goods due to their exceptional protective features, including waterproofing, ultraviolet (UV) protection, impact resistance, and more. The rapid growth of the e-commerce industry in the U.S. is a significant driver of this trend, as gusseted bags play a crucial role in protecting products during transportation.
Moreover, ongoing advancements in gusseted bag technology are expanding their applications to include packaging and storage of various products such as paints, fertilizers, food grains, and dry food items, further contributing to the market’s growth.
In the United Kingdom (U.K.), gusseted bags are also experiencing a surge in demand, particularly in the food and beverage industry. Their versatility in carrying groceries, fruits, vegetables, and bakery products, coupled with attributes like freshness preservation, ease of carrying, lightweight design, and cost-effectiveness, is fueling their popularity in the market. The U.K. is estimated to hold a significant share in the European market, thanks to these factors.
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The gusseted bags market is highly competitive, with a large number of players operating in the market. Some of the major players in the market include
- Altapac, Poly Pak Plastics
- ELKAY Plastics
- Associated Bags
- Maco PKG
- Clear View Bag Company
- International Plastic
- Pacific Bag Inc.
- PBFY Flexible Packaging
- TekPak Solutions,
- American Plastics Company
- Others
Competitive Landscape
Top five companies operating in the global gusseted bags market account for nearly 12% of the overall revenue share in 2021, as per FMI.
Key players are focusing on expanding their offering of innovative product packaging solutions by adding novel products to gain competitive edge. Apart from this, some of the manufacturers are aiming at collaboration, merge, and acquisition with other players to strengthen its footprint in the market. For instance,
- In July 2021, Crunch Pak, a U.S.-based fruit and vegetable processing company announced adding gusseted stand-up bags to its list of packaging solutions for packaging its new products such as Sweet Apple Slices. The bags are made of materials that maintains the product freshness and are available in 24 ounce and 14 ounce.
One of the key factors driving the growth of the gusseted bags market is the increasing demand for convenient and efficient packaging solutions. Gusseted bags offer a number of benefits over traditional flat-bottomed bags, such as improved stand-up capability, greater capacity, and better product visibility. This makes them an attractive option for a wide range of products, from snacks and candies to pet food and coffee beans.
The gusseted bags market is segmented by product type, application, and geography. By product type, the market is segmented into paper, plastic, and biodegradable gusseted bags. By application, the market is segmented into food and beverage, pharmaceuticals, and consumer goods. By geography, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World.
Regional Analysis-
North America is expected to dominate the global gusseted bags market, due to the presence of major players in the region and the high demand for convenient and sustainable packaging solutions. Europe is also expected to be a key market for gusseted bags, due to the increasing focus on sustainability and the growing demand for convenient packaging solutions in the region.
Asia-Pacific is expected to be a rapidly growing market for gusseted bags, due to the increasing demand for convenient packaging solutions and the growing focus on sustainability in the region. The Rest of the World is also expected to be a significant market for gusseted bags, due to the increasing demand for convenient and sustainable packaging solutions in the region.
The gusseted bags market is expected to continue growing in the coming years, driven by the increasing demand for convenient and sustainable packaging solutions. As more and more consumers become aware of the environmental impact of packaging, the demand for gusseted bags is expected to continue growing. In addition, the growing focus on sustainability is expected to drive the development of new, innovative gusseted bags made from biodegradable materials, further boosting the growth of the market.
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Gusseted Bags Market by Category
By Bag Type:
- Side Gusseted
- Bottom Gusseted
By Material Type:
- Paper
- Polypropylene
- Polyethylene
- Nylon
- Biodegradable Plastics
- Metal Foil
By Thickness:
- < 2 Mil
- 2 – 5 Mil
- > 5 Mil
By Application:
- Coffee & Tea Packaging
- Bakery Product Packaging
- Other Unprocessed F&B Packaging
- Dry Processed F&B Packaging
- Wet Processed F&B Packaging
- Pet Food Packaging
- Consumer Good Packaging
- Other Industrial Applications
About Future Market Insights (FMI)
Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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