Multiwall Paper Bags Market is expected to reach 4710 million by 2025 – QY research

The global Multiwall Paper Bags market is valued at 3740 million US$ in 2017 and will reach 4710 million US$ by the end of 2025, growing at a CAGR of 2.9% during 2018-2025.

Multiwall paper bags are an efficient and versatile packaging option made from a sustainable and renewable resource. They are available in a variety of constructions and used for items such as pet food, chemicals, grains, cement, animal feed, resins, food products, yard waste and more. The multi-wall paper bags can be custom designed to meet any specific need.

The paper comes in natural Kraft or bleached white. The inner layers may include a vapour barrier, Polyethylene (PE) or aluminium liner as well as a number of other options in addition to paper.

The technical barriers of Multiwall Paper Bags are relatively low, and the Multiwall Paper Bags enterprise disperse in many countries, and the relative large companies include Mondi, Trombini Hood Packaging, Orora, Sealed Air, Gateway Packaging, Smurfit Kappa and others.

Multiwall Paper Bags is widely used for Building materials, food, Pet Food industry, agricultural industry, Chemicals, Minerals. In 2016, Multiwall Paper Bags for Building materials, Agricultural industry and Food occupies 73.78%. As consumers focus on food safety, the increased consumption of downstream industries is expected to continue during the remaining years of the forecast period of 2017-2022. Multiwall Paper Bags industry will usher in a stable growth space.

In the past few years, the price of Multiwall Paper Bags gradually decreased and we expected the price will decrease. However, the improvement of energy, transportation costs, employee wages, and equipment depreciation will play a significant role in promoting the cost of Multiwall Paper Bags. Therefore, to some extent, the companies face the risk of profit decline.

There are companies adding new capacities and aiming at the cost and quality leadership which shall improve profitability. As the same time, companies are focusing on technological innovation, equipment upgrades, and process improvements, to reduce costs and improve quality. The competition in Multiwall Paper Bags market will become more intense.

 

Geographically, this report studies the key regions, focuses on product sales, value, market share and growth opportunity in these regions, covering

United States

Europe

China

Japan

Southeast Asia

India

 

On the basis of product, this report displays the production, revenue, price, market share and growth rate of each type, primarily split into

Sewn Open Mouth

Pasted Open Mouth Bags

Pasted Valve Bags

Pinch Bottom bags

Self Opening Satchel

 

On the basis on the end users/applications, this report focuses on the status and outlook for major applications/end users, sales volume, market share and growth rate for each application, including

Building Materials

Food

Pet Food Industry

Agricultural Industry

Chemicals

Minerals

 

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About QYResearch

QYResearch, established in 2007, focuses on custom research, management consulting, IPO consulting, industry chain research, and data base &seminar services.

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