In the dynamic landscape of the packaging industry, the rising tide of innovation has ushered in transformative materials, with side weld bags emerging as a pivotal player, particularly in the realm of food packaging. These flexible packaging solutions have revolutionized the purpose of packaging, offering unparalleled efficiency.
According to a recent study by Future Market Insights, the global side weld bags market is poised to reach a valuation of US$ 557 million in 2022, with a projected CAGR of 3.5%, surging to US$ 786 million by 2032. Fueled by consumer preferences for biodegradable options and heightened environmental awareness, side weld bags are not merely a trend but a sustainable replacement for traditional rigid boxes. Their versatility enhances product handling, making them a convenient choice for transportation and storage.
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The advent of Sustainable and Intelligent Packaging Solutions Skyrocketing the Demand for Carton Folding And Gluing Machine
With rising environmental concerns and the implementation of stringent regulations regarding the use of plastic across the U.S., China, India, the U.K., Germany, and others, a substantial rise in the adoption of sustainable packaging solutions is experienced across various end use industries.
In accordance to this, numerous packaging companies are shifting their focusing of manufacturing sustainable packaging using 100% recycled plastics, biodegradable plastics, and plastic alternatives such as paper. Hence, introduction of novel sustainable packaging solutions is expected to create lucrative demand opportunities in the market.
Also, emergence of intelligent packaging with the integration of artificial intelligence (AI), internet of things (IoT), and data science have improved the demand for Carton Folding And Gluing Machine market. Hence, key players are incorporating novel technologies such as AI and IoT to increase their revenues, propelling the sales.
Key Carton Folding And Gluing Machine Market Takeaways and Projections
- The U.S. is expected to lead the North America Carton Folding And Gluing Machine market, projecting the fastest growth in the region between 2022 and 2032
- Germany and the U.K. are expected to, collectively, hold the largest share in the Europe market over the assessment period.
- China will dominate the East Asia market, accounting for the largest demand share during the forecast period.
- India is expected to emerge as a highly remunerative market in South Asia, contributing the significant revenue share in the region through 2032.
Report Benefits & Key Questions Answered
- Historical Market Analysis: The detailed survey by FMI, examines key factors in the Carton Folding And Gluing Machine market that affected the growth in the market for the last assessment period 2016-2020 and also studies their consequent impact. It also provide refined the sales projection of the Carton Folding And Gluing Machine market for the forecast period 2022-2032.
- Demand Outlook Analysis: Future Market Insight’s (FMI’s) exhaustive study provides crucial insights into key drivers and upcoming opportunities driving the demand for Carton Folding And Gluing Machine for the assessment period. As per the study, the demand for Carton Folding And Gluing Machine will grow at a robust CAGR between 2022 and 2032.
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- Market Trend Analysis: The latest study by FMI on the Carton Folding And Gluing Machine market offers compelling insights into key expansion strategies adopted by top-tier players with respect to current trends. It discloses details regarding upcoming trends in the packaging industry to assist market players in constructing an effective strategy to capitalize on them.
Competitive Landscape Analysis
The market survey conducted by FMI offers key trends and challenges in the packaging industry and its consequent impact of Carton Folding And Gluing Machine market. The survey provides a thorough market share analysis to offer an in-depth analysis of prevailing competition.
The report covers exhaustive analysis on
- Global Side Weld Bags Market Segments
- Global Side Weld Bags Market Dynamics
- Historical Actual Market Size, 2012 – 2016
- Global Side Weld Bags Market Size & Forecast 2017 to 2027
- Supply & Demand Value Chain for Side Weld Bags Market
- Global Side Weld Bags Market Current Trends/Issues/Challenges
- Competition & Companies involved in Side Weld Bags Market
- High Altitude Aeronautical Platform Stations Technology
- Value Chain of High Altitude Aeronautical Platform Stations
- Global Side Weld Bags Market Drivers and Restraints
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Author
Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.
Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.
Ismail is a regular at industry conferences and expos and has been widely covered in electronic and print media. He is a Speaker at our upcoming Talk show – Rise of the Intelligent Packaging. Ismail has been quoted in leading publications, including the European Pharmaceutical Review and the European Adhesive Tape Association.
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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