Multiwall Bags Market Forecasts to 2028 – Global Analysis By Product Type (Paper Based and Plastic Based), Layer (2-ply, 3-ply and Other Layers), Application (Food & Grains, Agriculture, Chemical, Retail, Pharmaceutical, Building & Construction and Other

Multiwall Bags Market Forecasts to 2028 – Global Analysis By Product Type (Paper Based and Plastic Based), Layer (2-ply, 3-ply and Other Layers), Application (Food & Grains, Agriculture, Chemical, Retail, Pharmaceutical, Building & Construction and Other Applications) and By Geography

According tStratistics MRC, the Global Multiwall Bags Market is accounted for $13.46 billion in 2022 and is expected treach $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 tcontain 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 tthe 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 tthe United States Environmental Protection Agency (EPA,) packaging contributes talmost 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 tmake multiwall bags. It helps tprotect the product during travel and prolong its shelf life. The inner layer of multiwall bags is food grade in the food and beverage industry tpreserve 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 alsused 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 tmedium 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 tuse 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 tan exponential increase in e-commerce sales. Crossing tworldwide 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 tdetect, 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 tdeteriorate. This, in turn, has put pressure on businesses and manufacturers tfind viable solutions, such as increasing recycling rates or focusing on manufacturing alternatives tplastic 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 ta halt. However, following the containment of the pandemic, several countries have lifted trade restrictions, which are expected thelp 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 tbe the largest during the forecast period

The Plastic based segment is estimated thave a lucrative growth, due tthe segment's dominant market position may be ascribed tan 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 thave the highest CAGR during the forecast period

The 2-ply segment is anticipated twitness the fastest CAGR growth during the forecast period, due t2-ply bags composed of high-performance; extensible paper may easily hold up t100lbs. 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 thold the largest market share during the forecast period owing tthe 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 tdrive 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 thave the highest CAGR over the forecast period, owing tthe 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, shas the use of paper and plastic bags. Several industries such as food and beverages, medical, agriculture, and chemicals are expected tfuel 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, SponocProducts 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 tkeep 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 topen, 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 twyears.

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