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Polybags Market Share

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

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Polybags Market Share

Major players operating in the polybags industry include:

Berry Global Group Inc.
Amcor Plc
Sealed Air Corporation
Mondi Group
Novolex
Coveris AG
Sonoco Products Company
Inteplast Group
Huhtamaki Group
Pactiv Evergreen Inc.
Printpack, Inc.
Winpak Ltd.
A-Pac Manufacturing Co., Inc.
Arihant Packers
Micro-Pak Ltd.

Berry Global Group Inc. and Amcor Plc have captured substantial market shares in the Asia-Pacific due to Berry Global's extensive product portfolio and strategic acquisitions have enabled the company to cater to the diverse packaging needs of the region's booming economies. Simultaneously, Amcor Plc's global reach and commitment to sustainability have resonated with the eco-conscious Asia-Pacific market. With a focus on innovation and sustainability, both companies have effectively addressed the evolving demands of this dynamic region, making them key players in the Asia-Pacific packaging landscape.

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.