PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1250746
PUBLISHER: Stratistics Market Research Consulting | PRODUCT CODE: 1250746
Multiwall Bags Market Forecasts to 2028 - Global Analysis By Product Type, Layer, Application and By Geography
According to Stratistics MRC, the Global Multiwall Bags Market is accounted for $13.46 billion in 2022 and is expected to reach $18.56 billion by 2028 growing at a CAGR of 5.5% during the forecast period. Multiwall bags are made up of at least many layers of paper products, including an internal ply and a printed external layer. Others include a polyethylene film or polyethylene paperboard layer in between as a vapour/grease repellent protective barrier. These are commonly used to contain goods for industrial or consumer markets such as fertiliser, animal feed, dry chemicals, flour, or cement. These bags are made from Kraft paper, which has stretch qualities and strength due to the long fibres in wood pulp. They offer numerous benefits, including cost-effectiveness, environmental friendliness, and ease of storage, customizable, durable and exceptional tears resistance which drive the market growth.
According to the United States Environmental Protection Agency (EPA,) packaging contributes to almost 77.9 metric tons of municipal solid waste per year. Almost 30% of the total amount of waste and packaging represents a staggering 65% of all household trash.
Market Dynamics:
Driver:
Increasing demand from end users
The usage of multiwall plastic and paper nags has advantages such as reduced weight, recyclability, and longevity. Kraft paper or plastic is used to make multiwall bags. It helps to protect the product during travel and prolong its shelf life. The inner layer of multiwall bags is food grade in the food and beverage industry to preserve the shelf life and quality of the products. Furthermore, the construction industry has seen a surge in the use of multiwall bags in the packaging of building supplies such as cement and aggregates. They are also used in the packaging of chemical products, both solid and liquid which encourage in the growth of the market.
Restraint:
Use of single-ply bags on a regular basis
Food and beverage, agriculture, retail, pharmaceutical, and consumer goods industries all employ single layer or ply bags. These bags are made from thermoplastic polymers such as polyethylene and polypropylene, which are readily available raw ingredients at low prices. As a flexible packaging product, single layer bags are employed. They are easily accessible for low to medium density packaging. The majority of single layer plastic bags are used for single-use packaging. Despite the ban on single-use plastic bags in various nations throughout the world, the vast majority of people continue to use them which hinder the growth of the multiwall plastic bags market.
Opportunity:
Rising e-commerce activity in developing nations
E-commerce has altered company dynamics all around the world. Real-time notifications on new product launches, exclusive discounts, promotional schemes, safety and hygiene, and one-touch purchasing options have all contributed to an exponential increase in e-commerce sales. Crossing to worldwide or local establishments via mobile applications, as well as appealing or seasonal discounts, are factors that stimulate the rise of digital commerce activities provide wide range of opportunities for the growth of the market.
Threat:
Difficulties in recycling multilayer plastics and a lack of infrastructure
The recycling of flexible plastic packaging is a key challenge for the global packaging industry, the recycling of multilayer flexible plastic packaging. Since they are constructed of various types of plastic or plastic mixed with other components, multi layer flexible plastic bags are difficult to detect, separate, and melt. Polyethylene films and other plastics used in multilayer flexible plastics packaging become trapped in the recycling machine, creating inconvenience. Plastic's isolation necessitates a significant amount of work to deteriorate. This, in turn, has put pressure on businesses and manufacturers to find viable solutions, such as increasing recycling rates or focusing on manufacturing alternatives to plastic thereby hampering the market.
Covid-19 Impact
The Covid 19 epidemic has caused economic devastation and hindered manufacturing. During this time, trade, travel, retail, and manufacturing operations were disrupted, and the production of packaging materials and the supply chain came to a halt. However, following the containment of the pandemic, several countries have lifted trade restrictions, which are expected to help the market recover after a period of decelerating sales. The long-term consequence of this predicament could be considerable, inhibiting industry expansion by sacks with multiple walls.
The Plastic based segment is expected to be the largest during the forecast period
The Plastic based segment is estimated to have a lucrative growth, due to the segment's dominant market position may be ascribed to an increase in demand for these products across numerous applications in food and grains, pharmaceutical, and retail industries, as well as an increase in the demand for multiwall bags packaging. This increases demand for multiwall bag solutions for food and grain applications hence enhancing the growth of the market.
The 2-ply segment is expected to have the highest CAGR during the forecast period
The 2-ply segment is anticipated to witness the fastest CAGR growth during the forecast period, due to 2-ply bags composed of high-performance; extensible paper may easily hold up to 100lbs. Furthermore, it fills faster and offers a more environmentally efficient packaging. Minimal paper plies result in such much lower paper bag costs. A full paper layer is removed from the package by using 2-ply extensible paper. As a result, choosing this packing strategy may result in significant cost savings which boosts the growth of the market.
Region with largest share:
Asia Pacific is projected to hold the largest market share during the forecast period owing to the factors such as a strengthening global economy the growing working population and rising domestic demand for ready-to-eat and convenience food products are likely to drive the multiwall bag industry. Because of the functional features supplied by multiwall bags, such as safety, cost effectiveness, durability, strength, lightweight, environmental friendliness, and logistical convenience, the market for multiwall bags in Asia Pacific is developing.
Region with highest CAGR:
Europe is projected to have the highest CAGR over the forecast period, owing to the growing global economy, expanding working population, rise in the domestic market for ready-to-eat and convenience food goods. Furthermore, as the organised retail sector expands, this region has emerged as a promising market for multiwall bag makers. Aside from that, as the demand for prepackaged meals have expanded, so has the use of paper and plastic bags. Several industries such as food and beverages, medical, agriculture, and chemicals are expected to fuel market expansion in the future years thereby propelling the market growth.
Key Players in the market
Some of the key players profiled in the Multiwall Bags Market include Novolex, Sponoco Products Company, Interplast Group, Berry Global, Wellform Packing Group Co.Ltd, Mondi Group, Klabin, Alpha Poly Corporation, ProAmpac LLC, Gilchrist Bag Manufacturing LLC, Ross & Wallace Paper Products. Inc, Cromwell Polyethylene LTD, LC Packaging International BV, Segezha Group LLC, Wooderson Packaging Ltd, Detpak and Muscat Polymers Pvt Ltd.
Key Developments:
In August 2022, Novolex announced the introduction of Innovative Paper Shopping Bags for More Secure Transport and Deliveries, The bags feature a wide opening for easy loading, a flat bottom to keep items secure and sturdy paper twist handles for easy and reliable carrying.
In June 2022, Novolex announced the introduction of RollStar EZ Open Produce Bags; The new bags use a proprietary recipe that makes them easy to open, simplifying life in the fresh fruit and vegetable department.
In April 2022, Inteplast Group Affiliate Acquires Vantage Products Corporation, through this new facility, 100 employment opportunities are anticipated over the next two years.
In Nov 2020, Inteplast Engineered Films Launches InteGreen Sustainable Packaging, a revolutionary family of durable and sustainable films incorporating post-consumer resin, bio-based materials, compostability, and recycle-ready properties.
Product Types Covered:
- Paper Based
- Plastic Based
Layers Covered:
- 2-ply
- 3-ply
- Other Layers
Applications Covered:
- Food & Grains
- Agriculture
- Chemical
- Retail
- Pharmaceutical
- Building & Construction
- Other Applications
Regions Covered:
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- UK
- Italy
- France
- Spain
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia
- New Zealand
- South Korea
- Rest of Asia Pacific
- South America
- Argentina
- Brazil
- Chile
- Rest of South America
- Middle East & Africa
- Saudi Arabia
- UAE
- Qatar
- South Africa
- Rest of Middle East & Africa
What our report offers:
- Market share assessments for the regional and country-level segments
- Strategic recommendations for the new entrants
- Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
Free Customization Offerings:
All the customers of this report will be entitled to receive one of the following free customization options:
- Company Profiling
- Comprehensive profiling of additional market players (up to 3)
- SWOT Analysis of key players (up to 3)
- Regional Segmentation
- Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
- Competitive Benchmarking
- Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances
Table of Contents
1 Executive Summary
2 Preface
- 2.1 Abstract
- 2.2 Stake Holders
- 2.3 Research Scope
- 2.4 Research Methodology
- 2.4.1 Data Mining
- 2.4.2 Data Analysis
- 2.4.3 Data Validation
- 2.4.4 Research Approach
- 2.5 Research Sources
- 2.5.1 Primary Research Sources
- 2.5.2 Secondary Research Sources
- 2.5.3 Assumptions
3 Market Trend Analysis
- 3.1 Introduction
- 3.2 Drivers
- 3.3 Restraints
- 3.4 Opportunities
- 3.5 Threats
- 3.6 Product Analysis
- 3.7 Application Analysis
- 3.8 Emerging Markets
- 3.9 Impact of Covid-19
4 Porters Five Force Analysis
- 4.1 Bargaining power of suppliers
- 4.2 Bargaining power of buyers
- 4.3 Threat of substitutes
- 4.4 Threat of new entrants
- 4.5 Competitive rivalry
5 Global Multiwall Bags Market, By Product Type
- 5.1 Introduction
- 5.2 Paper Based
- 5.3 Plastic Based
6 Global Multiwall Bags Market, By Layer
- 6.1 Introduction
- 6.2 2-ply
- 6.3 3-ply
- 6.4 Other Layers
7 Global Multiwall Bags Market, By Application
- 7.1 Introduction
- 7.2 Food & Grains
- 7.3 Agriculture
- 7.4 Chemical
- 7.5 Retail
- 7.6 Pharmaceutical
- 7.7 Building & Construction
- 7.8 Other Applications
8 Global Multiwall Bags Market, By Geography
- 8.1 Introduction
- 8.2 North America
- 8.2.1 US
- 8.2.2 Canada
- 8.2.3 Mexico
- 8.3 Europe
- 8.3.1 Germany
- 8.3.2 UK
- 8.3.3 Italy
- 8.3.4 France
- 8.3.5 Spain
- 8.3.6 Rest of Europe
- 8.4 Asia Pacific
- 8.4.1 Japan
- 8.4.2 China
- 8.4.3 India
- 8.4.4 Australia
- 8.4.5 New Zealand
- 8.4.6 South Korea
- 8.4.7 Rest of Asia Pacific
- 8.5 South America
- 8.5.1 Argentina
- 8.5.2 Brazil
- 8.5.3 Chile
- 8.5.4 Rest of South America
- 8.6 Middle East & Africa
- 8.6.1 Saudi Arabia
- 8.6.2 UAE
- 8.6.3 Qatar
- 8.6.4 South Africa
- 8.6.5 Rest of Middle East & Africa
9 Key Developments
- 9.1 Agreements, Partnerships, Collaborations and Joint Ventures
- 9.2 Acquisitions & Mergers
- 9.3 New Product Launch
- 9.4 Expansions
- 9.5 Other Key Strategies
10 Company Profiling
- 10.1 Novolex
- 10.2 Sponoco Products Company
- 10.3 Interplast Group
- 10.4 Berry Global
- 10.5 Wellform Packing Group Co.Ltd
- 10.6 Mondi Group
- 10.7 Klabin
- 10.8 Alpha Poly Corporation
- 10.9 ProAmpac LLC
- 10.10 Gilchrist Bag Manufacturing LLC
- 10.11 Ross & Wallace Paper Products. Inc
- 10.12 Cromwell Polyethylene LTD
- 10.13 LC Packaging International BV
- 10.14 Segezha Group LLC
- 10.15 Wooderson Packaging Ltd
- 10.16 Detpak
- 10.17 Muscat Polymers Pvt Ltd
List of Tables
- Table 1 Global Multiwall Bags Market Outlook, By Region (2020-2028) ($MN)
- Table 2 Global Multiwall Bags Market Outlook, By Product Type (2020-2028) ($MN)
- Table 3 Global Multiwall Bags Market Outlook, By Paper Based (2020-2028) ($MN)
- Table 4 Global Multiwall Bags Market Outlook, By Plastic Based (2020-2028) ($MN)
- Table 5 Global Multiwall Bags Market Outlook, By Layer (2020-2028) ($MN)
- Table 6 Global Multiwall Bags Market Outlook, By 2-ply (2020-2028) ($MN)
- Table 7 Global Multiwall Bags Market Outlook, By 3-ply (2020-2028) ($MN)
- Table 8 Global Multiwall Bags Market Outlook, By Other Layers (2020-2028) ($MN)
- Table 9 Global Multiwall Bags Market Outlook, By Application (2020-2028) ($MN)
- Table 10 Global Multiwall Bags Market Outlook, By Food & Grains (2020-2028) ($MN)
- Table 11 Global Multiwall Bags Market Outlook, By Agriculture (2020-2028) ($MN)
- Table 12 Global Multiwall Bags Market Outlook, By Chemical (2020-2028) ($MN)
- Table 13 Global Multiwall Bags Market Outlook, By Retail (2020-2028) ($MN)
- Table 14 Global Multiwall Bags Market Outlook, By Pharmaceutical (2020-2028) ($MN)
- Table 15 Global Multiwall Bags Market Outlook, By Building & Construction (2020-2028) ($MN)
- Table 16 Global Multiwall Bags Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 17 North America Multiwall Bags Market Outlook, By Country (2020-2028) ($MN)
- Table 18 North America Multiwall Bags Market Outlook, By Product Type (2020-2028) ($MN)
- Table 19 North America Multiwall Bags Market Outlook, By Paper Based (2020-2028) ($MN)
- Table 20 North America Multiwall Bags Market Outlook, By Plastic Based (2020-2028) ($MN)
- Table 21 North America Multiwall Bags Market Outlook, By Layer (2020-2028) ($MN)
- Table 22 North America Multiwall Bags Market Outlook, By 2-ply (2020-2028) ($MN)
- Table 23 North America Multiwall Bags Market Outlook, By 3-ply (2020-2028) ($MN)
- Table 24 North America Multiwall Bags Market Outlook, By Other Layers (2020-2028) ($MN)
- Table 25 North America Multiwall Bags Market Outlook, By Application (2020-2028) ($MN)
- Table 26 North America Multiwall Bags Market Outlook, By Food & Grains (2020-2028) ($MN)
- Table 27 North America Multiwall Bags Market Outlook, By Agriculture (2020-2028) ($MN)
- Table 28 North America Multiwall Bags Market Outlook, By Chemical (2020-2028) ($MN)
- Table 29 North America Multiwall Bags Market Outlook, By Retail (2020-2028) ($MN)
- Table 30 North America Multiwall Bags Market Outlook, By Pharmaceutical (2020-2028) ($MN)
- Table 31 North America Multiwall Bags Market Outlook, By Building & Construction (2020-2028) ($MN)
- Table 32 North America Multiwall Bags Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 33 Europe Multiwall Bags Market Outlook, By Country (2020-2028) ($MN)
- Table 34 Europe Multiwall Bags Market Outlook, By Product Type (2020-2028) ($MN)
- Table 35 Europe Multiwall Bags Market Outlook, By Paper Based (2020-2028) ($MN)
- Table 36 Europe Multiwall Bags Market Outlook, By Plastic Based (2020-2028) ($MN)
- Table 37 Europe Multiwall Bags Market Outlook, By Layer (2020-2028) ($MN)
- Table 38 Europe Multiwall Bags Market Outlook, By 2-ply (2020-2028) ($MN)
- Table 39 Europe Multiwall Bags Market Outlook, By 3-ply (2020-2028) ($MN)
- Table 40 Europe Multiwall Bags Market Outlook, By Other Layers (2020-2028) ($MN)
- Table 41 Europe Multiwall Bags Market Outlook, By Application (2020-2028) ($MN)
- Table 42 Europe Multiwall Bags Market Outlook, By Food & Grains (2020-2028) ($MN)
- Table 43 Europe Multiwall Bags Market Outlook, By Agriculture (2020-2028) ($MN)
- Table 44 Europe Multiwall Bags Market Outlook, By Chemical (2020-2028) ($MN)
- Table 45 Europe Multiwall Bags Market Outlook, By Retail (2020-2028) ($MN)
- Table 46 Europe Multiwall Bags Market Outlook, By Pharmaceutical (2020-2028) ($MN)
- Table 47 Europe Multiwall Bags Market Outlook, By Building & Construction (2020-2028) ($MN)
- Table 48 Europe Multiwall Bags Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 49 Asia Pacific Multiwall Bags Market Outlook, By Country (2020-2028) ($MN)
- Table 50 Asia Pacific Multiwall Bags Market Outlook, By Product Type (2020-2028) ($MN)
- Table 51 Asia Pacific Multiwall Bags Market Outlook, By Paper Based (2020-2028) ($MN)
- Table 52 Asia Pacific Multiwall Bags Market Outlook, By Plastic Based (2020-2028) ($MN)
- Table 53 Asia Pacific Multiwall Bags Market Outlook, By Layer (2020-2028) ($MN)
- Table 54 Asia Pacific Multiwall Bags Market Outlook, By 2-ply (2020-2028) ($MN)
- Table 55 Asia Pacific Multiwall Bags Market Outlook, By 3-ply (2020-2028) ($MN)
- Table 56 Asia Pacific Multiwall Bags Market Outlook, By Other Layers (2020-2028) ($MN)
- Table 57 Asia Pacific Multiwall Bags Market Outlook, By Application (2020-2028) ($MN)
- Table 58 Asia Pacific Multiwall Bags Market Outlook, By Food & Grains (2020-2028) ($MN)
- Table 59 Asia Pacific Multiwall Bags Market Outlook, By Agriculture (2020-2028) ($MN)
- Table 60 Asia Pacific Multiwall Bags Market Outlook, By Chemical (2020-2028) ($MN)
- Table 61 Asia Pacific Multiwall Bags Market Outlook, By Retail (2020-2028) ($MN)
- Table 62 Asia Pacific Multiwall Bags Market Outlook, By Pharmaceutical (2020-2028) ($MN)
- Table 63 Asia Pacific Multiwall Bags Market Outlook, By Building & Construction (2020-2028) ($MN)
- Table 64 Asia Pacific Multiwall Bags Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 65 South America Multiwall Bags Market Outlook, By Country (2020-2028) ($MN)
- Table 66 South America Multiwall Bags Market Outlook, By Product Type (2020-2028) ($MN)
- Table 67 South America Multiwall Bags Market Outlook, By Paper Based (2020-2028) ($MN)
- Table 68 South America Multiwall Bags Market Outlook, By Plastic Based (2020-2028) ($MN)
- Table 69 South America Multiwall Bags Market Outlook, By Layer (2020-2028) ($MN)
- Table 70 South America Multiwall Bags Market Outlook, By 2-ply (2020-2028) ($MN)
- Table 71 South America Multiwall Bags Market Outlook, By 3-ply (2020-2028) ($MN)
- Table 72 South America Multiwall Bags Market Outlook, By Other Layers (2020-2028) ($MN)
- Table 73 South America Multiwall Bags Market Outlook, By Application (2020-2028) ($MN)
- Table 74 South America Multiwall Bags Market Outlook, By Food & Grains (2020-2028) ($MN)
- Table 75 South America Multiwall Bags Market Outlook, By Agriculture (2020-2028) ($MN)
- Table 76 South America Multiwall Bags Market Outlook, By Chemical (2020-2028) ($MN)
- Table 77 South America Multiwall Bags Market Outlook, By Retail (2020-2028) ($MN)
- Table 78 South America Multiwall Bags Market Outlook, By Pharmaceutical (2020-2028) ($MN)
- Table 79 South America Multiwall Bags Market Outlook, By Building & Construction (2020-2028) ($MN)
- Table 80 South America Multiwall Bags Market Outlook, By Other Applications (2020-2028) ($MN)
- Table 81 Middle East & Africa Multiwall Bags Market Outlook, By Country (2020-2028) ($MN)
- Table 82 Middle East & Africa Multiwall Bags Market Outlook, By Product Type (2020-2028) ($MN)
- Table 83 Middle East & Africa Multiwall Bags Market Outlook, By Paper Based (2020-2028) ($MN)
- Table 84 Middle East & Africa Multiwall Bags Market Outlook, By Plastic Based (2020-2028) ($MN)
- Table 85 Middle East & Africa Multiwall Bags Market Outlook, By Layer (2020-2028) ($MN)
- Table 86 Middle East & Africa Multiwall Bags Market Outlook, By 2-ply (2020-2028) ($MN)
- Table 87 Middle East & Africa Multiwall Bags Market Outlook, By 3-ply (2020-2028) ($MN)
- Table 88 Middle East & Africa Multiwall Bags Market Outlook, By Other Layers (2020-2028) ($MN)
- Table 89 Middle East & Africa Multiwall Bags Market Outlook, By Application (2020-2028) ($MN)
- Table 90 Middle East & Africa Multiwall Bags Market Outlook, By Food & Grains (2020-2028) ($MN)
- Table 91 Middle East & Africa Multiwall Bags Market Outlook, By Agriculture (2020-2028) ($MN)
- Table 92 Middle East & Africa Multiwall Bags Market Outlook, By Chemical (2020-2028) ($MN)
- Table 93 Middle East & Africa Multiwall Bags Market Outlook, By Retail (2020-2028) ($MN)
- Table 94 Middle East & Africa Multiwall Bags Market Outlook, By Pharmaceutical (2020-2028) ($MN)
- Table 95 Middle East & Africa Multiwall Bags Market Outlook, By Building & Construction (2020-2028) ($MN)
- Table 96 Middle East & Africa Multiwall Bags Market Outlook, By Other Applications (2020-2028) ($MN)
