Request FREE sample PDF
Pharmacy benefit management market
AGRICULTURAL MULTIWALL PAPER BAG MARKET REPORT OVERVIEW
global agricultural multiwall paper bag market size was USD 0.44 billion in 2023 and market is projected to touch USD 0.64 billion by 2032 at CAGR 4.30% during the forecast period.
Agricultural multilawall paper bags consist of paper made from wood pulp. Kraft paper and inica kraft paper are the most common papers used in making paper bags. Paper bags are often used as shopping bags, packaging and bags. Paper bags, which provide strength for storing and transporting food, beverages and nutritional products, have also entered many walls. Paper bags also have twist or flat handles for handling goods. Paper bags are widely used in retail to transport purchases.
Growing awareness of social issues is increasing the demand for bio-based products. Bio-based products are made from organic materials that are easily renewable and do not affect decomposition, as paper bags are renewable products. Banning single-use plastic bags or non-biodegradable packaging would increase the demand for paper bags.
COVID-19 Impact: Market Growth Restrained by Pandemic due to Supply Chain Disruptions
The global COVID-19 pandemic has been unprecedented and staggering, with the market experiencing lower-than-anticipated demand across all regions compared to pre-pandemic levels. The sudden market growth reflected by the rise in CAGR is attributable to market’s growth and demand returning to pre-pandemic levels.
The pandemic has caused major economic disruption, which has particularly slowed down production activities in various sectors such as trade, tourism, retail and industry. This widespread slowdown created a major obstacle to the production of packaging materials. In particular, the multilayer paper bag industry suffered and production came to a complete halt. The complex interrelationship of trade, tourism and manufacturing processes has been seriously affected, underscoring the far-reaching and cascading consequences of the pandemic for the wider economy. This economic disruption highlights the challenges facing the industry, particularly evident in the marked stagnation of the multi-layer paper bag industry.
LATEST TRENDS
"Significant Market Share For The Food Industry Will Drive Market Growth"
Multi-wall carrier bags are used to pack a wide range of food and agricultural construction materials and are a cost-effective option for shippers that offer better customization. They can be engineered to meet stringent requirements and provide the highest possible product quality protection, a critical requirement in the food industry, at the lowest cost to meet routine handling, delivery and service requirements. The introduction of ecological materials is the main trend in the market. The growing need of the industry to ensure compliance with sustainable production processes and the use of materials that are safe for consumers and health and waste management have led to an increase in the use of environmentally friendly materials such as edamame beans, hazelnuts and cocoa beans in the manufacture of paper bags. For example, after the edible part is removed from the edamame beans, the remains can be reused to make soy packets, where the edamame food is then served.
AGRICULTURAL MULTIWALL PAPER BAG MARKET SEGMENTATION
By Type
Based on type the global market can be categorized into Kraft Paper Bag, Paper Plastic Composite Bag, Other.
Standard brown paper bags are made from kraft paper, which is a paper material made from wood pulp produced by the Kraft process.
By Application
Based on application the global market can be categorized into Fertilizer, Seed, Pesticide, Other.
Multi-layer paper bags are suitable for packing agricultural products such as seeds, pesticides and fertilizers. These bags are designed to preserve the chemical properties of the products and protect them from moisture and other environmental factors.
Multi-layer paper bags are a reliable packaging solution for various chemical products such as fertilizers, pesticides and industrial chemicals. These bags offer a customizable and eco-friendly option that ensures the safe storage and transportation of various chemical substances. Thanks to their compressibility and moisture resistance, they maintain the integrity of chemicals during transportation and storage.
DRIVING FACTORS
"Growth in demand for multi-wall bags across various end-use sectors including food and grain, agriculture, pharmaceuticals, construction and chemical the Market Growth"
The global multi-wall bag market is expected to witness significant growth during the forecast period, primarily due to the snowballing demand for multi-wall bags across multiple industries including food and grain, in agriculture, building and construction industry, pharmaceutical, chemical, textile and personal hygiene care and cosmetics industry. Multi-wall bags are increasingly replacing corrugated boxes and boxes used in food and beverage packaging because they are flexible, durable and protective. These bags are widely used for packaging products such as fresh produce, fertilizers, seeds, grains, pesticides, chemical additives and feed and are therefore in high demand in the agricultural industry. Due to the advantages offered by multi-wall bags such as lightness, durability and reusability, they are widely used in the construction industry for safe storage and transportation of bulk materials such as cement. Thus, rapid industrialization, increasing construction activities, increase in imports and exports and boom in food are other key factors that are boosting the global agricultural multiwall paper bag market growth.
"Environmental Benefits Associated With Paper Bags Will Foster The Market Growth"
The environmental benefits associated with paper bags will significantly boost the growth of the market. Paper bags are biodegradable, making them environmentally friendly. Paper bags are more durable than plastic bags, which makes them more acceptable among consumers. Paper bags take less time to break down into simpler shapes and are therefore recyclable. Paper bags are reusable and cause less pollution. As a result, many retail and food and beverage companies are adopting cardboard packaging and encouraging their customers to use it. Paper bags are usually made from locally available materials, which helps reduce transportation costs and thus save energy. Most paper bags are made from unbleached paper, which is considered more environmentally friendly. These papers help save energy, save natural resources and reduce greenhouse gas emissions, which in turn reduces your carbon footprint. The environmental benefits associated with paper bags will increase the adoption of such products in industries such as retail, which will fuel market growth during the forecast period. The market for industrial multi-wall paper bags is driven by the growing demand for efficient packaging solutions in various industries such as food and beverage, chemical, agriculture and construction. These bags offer advantages such as high strength, good printability and environmental friendliness, increasing their demand. However, the market faces limitations due to alternative packaging materials such as plastic and cost problems associated with the production of paper bags.
RESTRAINING FACTORS
"Strict Rules On Deforestation May Impede Market Growth"
Strict rules and regulations of the government or higher authorities on deforestation in various countries are limiting the market growth. The import and export of raw materials for the manufacture of paper bags has become extremely difficult, so manufacturers have problems with the storage of raw materials. Due to the good quality, the manufacturers have to follow all the instructions for use, which makes the production of paper bags difficult, because the manufacturers lack the pulp wood used in paper production. However, the increasing focus on sustainable packaging and the growth of e-commerce offer significant opportunities for market growth.
AGRICULTURAL MULTIWALL PAPER BAG MARKET REGIONAL INSIGHTS
"North America Region Dominating the Market due to Growing Organized Retail Sector"
The market is primarily segregated into Europe, Latin America, Asia Pacific, North America, and Middle East & Africa.
North America has emerged as a major player in the global multilayer agricultural multiwall paper bag market share, mainly due to the growing organized retail sector. However, the increase in demand for packaged foods has led to a significant increase in the use of both paper and plastic bags. The anticipated growth of the North American market is expected to be supported by various sectors including food and beverages, pharmaceuticals, agriculture and chemicals. Despite traditionally being a consumer of small-sized multi-wall bags, the healthcare industry has grown significantly as the demand for drugs and medical supplies increased. This evolving landscape highlights many factors influencing the growth of the multi-wall bag market in North America covers retail dynamics, changing consumer preferences and industry-specific requirements.
KEY INDUSTRY PLAYERS
"Key Industry Players Shaping the Market through Innovation and Market Expansion"
The agricultural multiwall paper bag market is significantly influenced by key industry players that play a pivotal role in driving market dynamics and shaping consumer preferences. These key players possess extensive retail networks and online platforms, providing consumers with easy access to a wide variety of wardrobe options. Their strong global presence and brand recognition have contributed to increased consumer trust and loyalty, driving product adoption. Moreover, these industry giants continually invest in research and development, introducing innovative designs, materials, and smart features in cloth wardrobes, catering to evolving consumer needs and preferences. The collective efforts of these major players significantly impact the competitive landscape and future trajectory of the market.
List of Top Agricultural Multiwall Paper Bag Companies
- United Bags (U.S.)
- Langston Companies (U.S.)
- Mondi (Austria)
- Trombini (Brazil)
- NNZ (Netherlands)
- Smurfit Kappa (Ireland)
- Gateway Packaging (U.S.)
- Sealed Air (U.S.)
- El Dorado Packaging (U.S.)
- Oji Fibre Solutions (New Zealand)
INDUSTRIAL DEVELOPMENT
June 2020: Mondi Group has announced that it has upgraded its paper bag production facility in Hungary and the company has invested €7 million in a state-of-the-art paper bag processing machine at Mondis' factory in Nyiregyhaza, Hungary, which will expand the factory standards of quality, efficiency and service to produce high quality and advanced food paper bags.
REPORT COVERAGE
The study encompasses a comprehensive SWOT analysis and provides insights into future developments within the market. It examines various factors that contribute to the growth of the market, exploring a wide range of market categories and potential applications that may impact its trajectory in the coming years. The analysis takes into account both current trends and historical turning points, providing a holistic understanding of the market's components and identifying potential areas for growth.
The research report delves into market segmentation, utilizing both qualitative and quantitative research methods to provide a thorough analysis. It also evaluates the impact of financial and strategic perspectives on the market. Furthermore, the report presents national and regional assessments, considering the dominant forces of supply and demand that influence market growth. The competitive landscape is meticulously detailed, including market shares of significant competitors. The report incorporates novel research methodologies and player strategies tailored for the anticipated timeframe. Overall, it offers valuable and comprehensive insights into the market dynamics in a formal and easily understandable manner.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 0.44 Billion in 2023 |
Market Size Value By |
US$ 0.64 Billion by 2032 |
Growth Rate |
CAGR of 4.3% from 2023 to 2032 |
Forecast Period |
2024-2032 |
Base Year |
2023 |
Historical Data Available |
Yes |
Regional Scope |
Global |
Segments Covered | |
By Type
|
|
By Application
|
Frequently Asked Questions
-
What value is the agricultural multiwall paper bag market expected to touch by 2032?
The global agricultural multiwall paper bag market is expected to reach USD 0.64 billion by 2032.
-
What CAGR is the agricultural multiwall paper bag market expected to exhibit by 2032?
The agricultural multiwall paper bag market is expected to exhibit a CAGR of 4.3% by 2032.
-
Which are the driving factors of the agricultural multiwall paper bag market?
Growth in demand for multi-wall bags across various end-use sectors including food and grain, agriculture, pharmaceuticals, construction and chemical and environmental benefits associated with paper bags are some of the driving factors of the agricultural multiwall paper bag market.
-
What are the agricultural multiwall paper bag market segments?
The agricultural multiwall paper bag market segmentation that you should be aware of, which include, Based on type the agricultural multiwall paper bag market is classified as Kraft Paper Bag, Paper Plastic Composite Bag, Other. Based on application the agricultural multiwall paper bag market is classified as Fertilizer, Seed, Pesticide, Other.