Market Size in 2023 | Market Forecast in 2032 | CAGR (in %) | Base Year |
---|---|---|---|
USD 1342.7 Million | USD 1936.42 Million | 3.7% | 2023 |
According to the report published by Zion Market Research, the global Side Weld Bags market was valued at USD 1342.7 Million in 2023 and is predicted to reach USD 1936.42 Million 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 Side Weld 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 Side Weld Bags market.
The side weld bags are used as a replacement for the traditional rigid boxes since it provide extended comfort in the handling of the products and also provide convenience for storage and transport. The manufacturers are trying to make advancements in the side weld bags, such as UV stabilizer, using bio-degradable material, anti-static, and anti-block properties.
Aalmir Plastic Industries manufactures the side weld bags. The side weld packing is ideal in cases where high-speed production is required. The side seals facilitate for a faster method of bag welding and enhance the ability to adhere to the dimensional sizes more precisely.
The global market for side weld bags is fragmented into the gusseted style type, material type, and the printing type.
Based on the gusted style type, the global market is segregated into bottom gusseted and top gusseted.
Based on the type of the material, the market is categorized into low-density polyethylene, polypropylene, biaxial oriented polypropylene, polyethylene, polylactic, cast polypropylene, and others.
Based on the printing type, the side weld bags market is divided into rotogravure printing, flexographic printing, and others.
The key factor that is driving the side weld bag market is the growing demand for conventional bags by retailers. Additionally, manufacturers use biodegradable materials, which extend the shelf life of the product by preventing any kind of molecule or bacterial ingress, driving up demand for side weld bags. The production process of the side weld bags involves the heat sealing process, which is a favorable form of sealing for all kinds of polymers. In addition, innovative printing solutions such as digital and screen printing and flexographic printing give the manufacturer the ability to display the utmost branding of the products.
The rise in awareness among consumers about the usefulness of flexible packaging is supporting the growth of the side weld bags market. Increased use of side weld bags in the food packaging industry is fueling the growth of the market. In some of the regions, there are stringent government regulations imposed on the use of non-biodegradable polymers, which negatively impacts the growth of the market.
Report Attributes | Report Details |
---|---|
Report Name | Side Weld Bags Market |
Market Size in 2023 | USD 1342.7 Million |
Market Forecast in 2032 | USD 1936.42 Million |
Growth Rate | CAGR of 3.7% |
Number of Pages | 214 |
Key Companies Covered | WB Packaging Ltd., CPS Flexible Ltd., Bison Bag Co., Inc., The Robinette Company, Sideweld Industries Inc., Pebal S.R.O., RJH Plastics, Vitra NV, and A-ROO Company LLC |
Segments Covered | By style type, By material type, By printing 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 |
In the coming years, the side weld bags market will grow significantly. The region that has the largest share of the side weld bags market is Asia Pacific region. In Asia-Pacific region, especially the emerging nations are contributing a significant share to the growth of the market. The fact that there is an increasing demand from the food industry has contributed prominently to market growth. Regions such as Western Europe and North America are also contributing a good share to market development.
The key market players that are involved in the side weld bags market include
By Gusted Style Type
By Material Type
By Printing Type
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