Gusseted Bags Market Growth, Size, Share, Trends, and Forecast 2032

Gusseted Bags Market

Gusseted Bags Market By end-use industry (pharmaceuticals, food & beverage, cosmetics & personal care, and others), By material (plastic, aluminum foil, and paper), By closing type (taping (tape bound), zippers, and tying) And By Region: - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts, 2024-2032

Category: Packaging Report Format : PDF Report Code: ZMR-1627 Status : Upcoming
Market Size in 2023 Market Forecast in 2032 Growth Rate (in %) Base Year
USD 4.27 Billion USD 5.85 Billion CAGR at 3.20% 2023

Description

Global Gusseted Bags Market Insights

According to the report published by Zion Market Research, the global Gusseted Bags Market size was valued at USD 4.27 Billion in 2023 and is predicted to reach USD 5.85 Billion by the end of 2032. The market is expected to grow with a CAGR of 3.20% during the forecast period. The report analyzes the global Gusseted 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 Gusseted Bags Market industry.

Global Gusseted Bags Market: Overview

Gusseted bags have an extended ability to pack various materials and they are the type of flexible packaging. Gusseted bags were previously used only for packing coffee and tea but now, owing to the rise in the various food products gusseted bags are used in a wide number of industrial verticals. Gusseted bags retain the freshness of the food for a longer period of time and also help to increase the shelf life of the products. Gusseted bags occupy less space and are easier to handle.

Global Gusseted Bags Market: Segmentation

The segmentation of the gusseted bags includes its end-use industry, material, and its closing type.

Based on the end-use industry, the market is segregated into pharmaceuticals, food & beverage, cosmetics & personal care, and others.
Depending on the materials that are used for the manufacturing of the gusseted bags the market is categorized into plastic, aluminum foil, and paper. The plastic segment is further sub-segmented into PE, LLDPE, PPE, and others. The most common raw material that is used for the production of gusseted bags is plastic.

Based on the closing type, the market is fragmented into taping (tape bound), zippers, and tying.

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Global Gusseted Bags Market: Growth Factors

The key factor that is driving the demand for the gusseted bags is the convenience that is provided by the gusseted bags for easy handling. The products that are kept in the gusseted bags are less prone to damage. The gusseted have extended space which aids in visual clarity of the imprints that are printed on the bags and also provides huge storage space. The benefits that are provided by the gusseted bags such as easy handling and light weight in nature also anticipate driving the market. Gusseted bags are used for shipping purposes thus in high demand in the retail sector thus projecting the market growth in the coming years. Gusseted bags are utilized in various verticals thus opening up new avenues for the market growth. The main factor that is attracting the manufacturers of the gusseted bags is that the raw materials that are used for the making gusseted bags are recyclable. Traditional bags are of low cost than the gusseted bags thus impacting the growth of the global gusseted bags market.

Gusseted Bags Market: Report Scope

Report Attributes Report Details
Report Name Gusseted Bags Market Research Report
Market Size in 2023 USD 4.27 Billion
Market Forecast in 2032 USD 5.85 Billion
Growth Rate CAGR of 3.20%
Number of Pages 201
Key Companies Covered Amcor Limited, Bemis Company Inc., Mondi Group Plc., Bischof + Klein SE & Co. KG, and Smurfit Kappa Group.
Segments Covered By end-use industry, By material, By closing type and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2023
Historical Year 2018 to 2022
Forecast Year 2024 - 2032
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Global Gusseted Bags Market: Regional Analysis

Geographical segmentation of the gusseted bags market includes Eastern Europe, Western Europe, Asia-Pacific, the Middle East and Africa, North America, and Latin America. The region that is currently dominating the gusseted bags market is Asia Pacific. The factors that contribute to this market growth are the large population base and the high rate of consumption of the gusseted bags in this region when compared to other regions such as Europe and North America. But the demand of gusseted bags will increase in the North American region due to the exceptional features of the gusseted bags and the growing demand from the consumers in order to have a convenient and portable way for packaging.

Global Gusseted Bags Market: Competitive Players

Some of the key market players that are involved in the gusseted bags market are :

  • Amcor Limited
  • Bemis Company Inc.
  • Mondi Group Plc.
  • Bischof + Klein SE & Co. KG
  • Smurfit Kappa Group.

The Global Gusseted Bags Market is segmented as follows:

By end-use industry 

  • pharmaceuticals
  • food & beverage
  • cosmetics & personal care 
  • and others

By material 

  • plastic
  • aluminum foil
  • and paper

By closing type 

  • taping (tape bound)
  • zippers
  • tying 

Global Gusseted Bags Market: Regional Segment Analysis

  • North America
    • U.S.
  • Europe
    • UK
    • France
    • Germany
  • Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and 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.

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