Multiwall Bags Market Trend, Share, Growth, Size and Forecast 2032

Multiwall Bags Market Insights

According to the report published by Zion Market Research, the global Multiwall Bags Market size was valued at USD 12.57 Billion in 2023 and is predicted to reach USD 18.12 Billion by the end of 2032. The market is expected to grow with a CAGR of 3.7% during the forecast period. The report analyzes the global Multiwall Bags Market's growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Multiwall Bags industry.

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Global Multiwall Bags Market: Overview

Multiwall bags are made up of high-quality plastic that facilitates robust protection during the transportation of products and in addition, also extend the shelf life of the products. These are kinds of shipping containers consisting of several layers of high-performance plastic films that act as a barrier to rodents & insects and also offer moisture resistance. Multiwall bags are durable, flexible, wear & tear resistant, and also possess high tensile strength. Such packaging bags are perfect options for packaging powder materials like flours, cement & other construction materials, animal feeds, seeds, chemical fertilizers, food products, dry mortar, pharmaceutical products, and others. The inner layer of these bags is well laminated with a particular coating that prevents damage or contamination of the products. These bags are considered the most efficient, cost-effective, and environmentally sustainable packaging solutions available in the present day. Such bags are highly customizable and widely used for different promotional purposes.

Global Multiwall Bags Market: Growth Factors

The growing demand from high-end sectors like pharmaceutical, retail, and food & grain sectors is fueling the growth of the global multiwall bags market. Plastic is utilized for packaging solutions as it offers various advantages like longevity, recyclability, and being light in weight. In the food and beverage sector, these multiwall bags are used for packaging the ready-to-eat food products, FMCG goods & commodities, daily products, and others. The inner walls of multiwall bags are perfect food-grade materials to preserve the quality of products and also the shelf life. Furthermore, the construction sector is likely to witness huge demand for these bags for packaging construction materials like cement and aggregate materials.

The multiwall bags, particularly, the FIBC woven bags, are more in demand due to the growing consumption of cement in the construction sector. Also, the agriculture industry is facing requirements for packaging agrochemical products like fertilizers and pesticides. Farmers buy fertilizers, pesticides, seeds, and other agricultural supplies in bulk amounts, therefore, these bags find a large number of applications in the agriculture sector. These multiwall bags are used for packaging agrochemicals to preserve their chemical properties. Furthermore, the chemical sector utilizes multiwall bags to pack chemical products in liquid and solid forms.

These bags play a vital role in the chemical industries by preventing the leakage or spillage of chemicals that may prove hazardous to humans as well as the environment. The growing disposable income of people all across the globe is likely to significantly escalate their purchasing power, which in turn will require multiwall bags for packaging activities. The emergence of e-commerce is transforming business dynamics globally. Various factors, like one-touch purchase options, safety & hygiene, promotion schemes, exclusive deals, new product launch, and real-time updates, are significantly widening the scope of e-commerce.

Therefore, e-commerce poses huge demand for these bags that can be used for effective packaging and transit activities. Manufacturers are boosting their research activities to launch advanced packaging solutions in the market, which in turn is likely to populate more demand for these bags.

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Global Multiwall Bags Market: Segmentation

The global multiwall bags market can be segmented into application, layer, product type, and region.

By application, the market can be segmented into pharmaceuticals, retail, chemicals, building & construction, agriculture, food & grains, and others.

By layers, the market can be segmented into 2 ply, 3 ply, and others.

By product type, the market can be segmented into plastic bags and paper-based bags.

Multiwall Bags Market: Report Scope

Global Multiwall Bags Market: Regional analysis

Asia Pacific accounts for the largest share in the global multiwall bags market due to the growing demand for multiwall bags from various sectors in the region. The expanding economy is another primary reason fuelling the growth of the regional market. The surging initiatives from the government to revamp the public infrastructures in the region are likely to propel the demand for multiwall bags in the region.

North America is expected to witness a significant growth rate in the forthcoming years due to the expanding transportation and logistics sector in the region. Furthermore, the growing demand for domestic products in the region will also accentuate the growth of the regional market. Also, the widening scope of e-commerce in the region will pose huge demand for these bags, which in turn will escalate the growth of the regional market.

Global Multiwall Bags Market: Competitive Players

Some of the significant players in the global multiwall bags market are

• Corman Bag
• Premier Polymer
• Sanghavi Global
• Nebig Verpakkingen BV
• Oji Fibre Solutions
• Hood Packaging
• Global-Pak
• Orora
• B & A Packaging
• Edna Group
• Oji Fibre Solutions
• El Dorado Packaging
• Sealed Air
• Neubig
• Gateway Packaging
• The Bulk Bag Company
• Bag Supply Company
• San Miguel Yamamura Woven Products
• Smurfit Kappa
• NNZ
• Trombini
• Material Motion
• Manyan
• Mondi
• Bag Supply Company, Inc.

The Global Multiwall Bags Market segments are as follows:

By Application

• pharmaceuticals
• retail
• chemicals
• building & construction
• agriculture
• food & grains
• others.

By Layers

• 2 ply
• 3 ply
• others.

By Product Type

• plastic bags
• paper-based bags.

Global Multiwall Bags Market: Regional Segment Analysis

• North America
  • The U.S.
  • Canada
• Europe
  • France
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa

What Reports Provides

• Full in-depth analysis of the parent market
• Important changes in market dynamics
• Segmentation details of the market
• Former, on-going, and projected market analysis in terms of volume and value
• Assessment of niche industry developments
• Market share analysis
• Key strategies of major players
• Emerging segments and regional markets
• Testimonials to companies in order to fortify their foothold in the market.