Multiwall Paper Bags Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2015-2020 and Forecast 2021-2027

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Multiwall Paper Bags Market By Type (Pasted Open Mouth Bags, Pasted Valve Bags, Sewn Open Mouth, Self-Opening Satchel, and Pinch Bottom bags), By Application (Building Materials, Food, Chemicals, Pet Food Industry, Agricultural Industry, and Minerals), and Geography

 

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Description

Global Multiwall Paper Bags Market 

 

Report Description:

Global multiwall paper bags market report gives comprehensive outlook on multiwall paper bags across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. The report on global market gives historical, current, and future market sizes (US$ Mn) on the basis of type, application, and region. This report studies global market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, global  market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analyzed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities). Key stakeholders of the global market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global multiwall paper bags.

 

Global Multiwall Paper Bags Market:

The global multiwall paper bags market is expected to be valued at US$ 3,592.7 Mn in 2019 and growing at a CAGR of 2.7% over the forecast period to reach US$ 4,083.6 Mn by 2026 owing to its increasing durability, eco-friendly, and which is cost-effective for packaging for various products. Moreover, these are 100% recyclable, biodegradable, and reusable and can withstand more pressure when compared to plastic bags. Furthermore, paper bags are customizable, high-tear resistance, easy storage, and present less of a suffocation risk to young children or animals. All these factors drives the growth of the market are anticipated to drive the growth of the market over the forecast period.

 

Environmental Benefits of Paper Bags    

Environmental benefits of the paper bags are expected create significant opportunities over the forecast years. Multiwall paper bags have benefits such as they are 100% bio-degradable, recycle, and is a major energy saver and also quite helpful in conserving natural resources

 

Europe dominates the market share in the global market

In 2019, Europe contributed highest revenue share followed by Asia Pacific, and North America in the global multiwall paper bags market.  Europe region is anticipated to grow with a significant CAGR of 2.4% over the forecast years. The European multiwall paper bags market is anticipated to grow with significant CAGR over the forecast years owing to rising demand for environmental-friendly bags for easy transportation. The multiwall paper bags are mainly manufactured from sugarcane waste, straw, jute twine, coconut husks, and elephant excreta which takes very less time to disintegrate into simpler forms. Asia Pacific is anticipated to grow with highest CAGR over the forecast years owing to increasing demand for paper bags in the region and rising awareness regarding the benefits of the paper bags. Sugarcane bagasse is the mostly produced in Middle East and Africa and Brazil which could create significant opportunities for future market. India, is source of rice husk which offers lucrative opportunities for the production of paper bags in the upcoming years

 

Competition Assessment

Key player’s profiles in the global market include:

  • Hood Packaging
  • NNZ
  • Gateway Packaging
  • Bag Supply Company
  • Mondi
  • Smurfit Kappa
  • Langston Companies
  • B & A Packaging
  • Edna Group
  • United Bags
  • Sealed Air
  • Trombini
  • Material Motion
  • Global-Pak
  • Orora

 

Key Developments:

  • Market players have witnessed the advancements of technology and increasing focus on the expansion of production facilities to meet the demand of the customers and to strengthen their position in the multiwall paper bags market across the globe.
    • For instance, in June 2020, Mondi Group has announced that it has upgraded the paper bags facility in Hungary, company has made Euro 7 million investment in state-of-the-art paper sack converting machine at Mondi’s plant in Nyiregyhaza, Hungary, which will increase the plant’s quality, efficiency and service standards to produce high-end and sophisticated paper sacks for food purposes.

 

Key Findings of the Report:

  • Global market expanding at significant CAGR over 2020 to 2026 owing to increasing demand for environmental friendly products in the market.
  • Based on region, Europe accounted for larger market revenue share in 2019 and projected gain market revenue share over the forecast period
  • Players focusing on new products and collaboration strategies to retain market position in global market

 

Key Features of the Report:

  • The report provides granular level information about the market size, regional market share, historic market (2015-2019) and forecast (2020-2026)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market

 

Detailed Segmentation

 

By Type

  • Pasted Open Mouth Bags
  • Pasted Valve Bags
  • Sewn Open Mouth
  • Self-Opening Satchel
  • Pinch Bottom bags

By Application

  • Building Materials
  • Food
  • Chemicals
  • Pet Food
  • Agricultural Industry
  • Minerals

Geography

 

North America

  • USA
  • Canada

Europe

  • Germany
  • France
  • UK
  • Italy
  • Spain
  • Russia
  • Poland
  • Rest of Europe

Asia-Pacific

  • Japan
  • China
  • India
  • Australia & New Zealand
  • ASEAN (Includes Indonesia, Thailand, Vietnam, Philippines, Malaysia, and Others)
  • South Korea
  • Rest of Asia-Pacific

Latin America

  • Brazil
  • Mexico
  • Argentina
  • Venezuela
  • Rest of Latin America

Middle East and Africa

  • Gulf Cooperation Council (GCC) Countries
  • Israel
  • South Africa
  • Rest of MEA


Location

GEOGRAPHY

PBI Location Map

Competition Assessment

Key player’s profiles in the global multiwall paper bags market include:

  • Hood Packaging
  • NNZ
  • Gateway Packaging
  • Bag Supply Company
  • Mondi
  • Smurfit Kappa
  • Langston Companies
  • B & A Packaging
  • Edna Group
  • United Bags
  • Sealed Air
  • Trombini
  • Material Motion
  • Global-Pak
  • Orora

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