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Polybags Market Analysis

  • Report ID: GMI7020
  • Published Date: Oct 2023
  • Report Format: PDF

Polybags Market Analysis:

Based on material, the market is segmented as bead foam, polyethylene (PE) bags, polypropylene (PP) bags, polyethylene terephthalate (PET) Bags and others. Polyethylene terephthalate (PET) bags held a majority market value of USD 8.7 Billion in 2022. Polyethylene (PE) bags are versatile and find extensive use in grocery stores, retail packaging, and food storage due to their flexibility, transparency, and resistance to moisture. They are a top choice for items like fruits, vegetables, and various consumer goods. Polypropylene (PP) bags are appreciated for their robustness and are commonly used for heavier products, including grains, seeds, and industrial materials. They are also prevalent in the construction industry for materials like sand and cement.
 

Polybags Market Revenue Share, By Product, (2022)

Based on product, the market is segmented as flat polybags, gusseted polybags, ziplock polybags, wicketed polybags, poly mailers, bubble mailers and other polybags. Flat Polybags segment held a dominant market share of around 25% in 2022 and is expected to grow at a lucrative pace till 2032. The polybags industry offers a wide array of specialized products to meet specific packaging needs. Gusseted polybags provide extra storage space, ideal for bulkier or irregularly shaped items. Ziplock polybags feature resealable closures for convenience and content protection. Wicketed polybags are designed for high-speed packing, often used in the food industry. Poly mailers offer lightweight, durable shipping for soft goods, while bubble mailers incorporate protective bubble wrap for fragile items. The "Other Polybags" category includes specialized options like anti-static bags and UV-resistant polybags. These variations demonstrate the adaptability and versatility of polybags across different industries and applications.
 

Based on size, the market segmented as small (below 8 inches), medium (8 - 15 inches), and large (above 15 inches). The medium-sized polybags segment, spanning 8 to 15 inches, emerges as the dominant force in the polybags industry. The size segmentation in the market offers tailored packaging solutions to accommodate a wide range of products. Small polybags, typically below 8 inches, are ideal for packaging small items such as jewelry, electronics accessories, or individual snack portions. Medium-sized polybags, spanning 8 to 15 inches, provide versatility, making them suitable for items like clothing, books, and some electronic devices. Large polybags, exceeding 15 inches, offer spacious packaging options for bulkier goods, including apparel, bedding, and larger electronics. This size diversity caters to the specific dimensions of various products, ensuring efficient and secure packaging across industries, from e-commerce and retail to industrial and food packaging.
 

Based on application, the market segmented as retail and packaging, food packaging, medical and healthcare, industrial and manufacturing, agriculture, e-commerce and shipping and others. Among the various application segments in the polybags market, e-commerce and shipping emerge as the dominant force. The growing prominence of e-commerce platforms and the increased demand for efficient and secure shipping solutions have significantly elevated the use of polybags in this segment. Polybags are indispensable for packaging and protecting a wide range of goods during transit, from small items to medium and large products. Their adaptability, durability, and cost-effectiveness make them a preferred choice for the packaging needs of the booming e-commerce and shipping industry.
 

U.S. Polybags Market Size, 2020- 2032 (USD Billion)

U.S. dominated the North American region with majority market share and a revenue of USD 4.03 billion in 2022 and is anticipated to expand at a significant pace from 2023-2032. due to it boasts a robust retail industry, with a strong emphasis on efficient and visually appealing packaging, where polybags play a crucial role. Secondly, the country's flourishing e-commerce sector, further accelerated by the COVID-19 pandemic, has significantly increased the demand for packaging materials, with polybags being a preferred choice for their versatility and cost-effectiveness. The U.S. has a well-established food packaging industry, another major application area for polybags. Moreover, the country's manufacturing and industrial sectors require reliable packaging solutions, further boosting the use of polybags.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

Market size for polybags was valued at around USD 20.9 billion in 2022 and is estimated to reach USD 43.7 billion by the end of 2032.

Polyethylene terephthalate (PET) polybags market segment accounted for USD 8.7 Billion in 2022 and will continue to gain traction as these bags are versatile and find extensive use in grocery stores, retail packaging, and food storage due to their flexibility, transparency, and resistance to moisture.

The U.S. polybags industry was wort USD 4.03 billion in 2022 and is anticipated to expand at a significant pace from 2023 to 2032 due to a robust retail industry, with a strong emphasis on efficient and visually appealing packaging.

Berry Global Group Inc., Amcor Plc, Sealed Air Corporation, Mondi Group, Novolex, Coveris AG, Sonoco Products Company, Inteplast Group, Huhtamaki Group, and Pactiv Evergreen Inc. among others.

Polybags Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 284
  • Countries covered: 25
  • Pages: 180
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