Home > Chemicals & Materials > Polymers > Industrial Polymers > Polybags Market

Polybags Market Trends

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

Download Free Sample

Polybags Market Trends

The polybags industry is experiencing several notable trends. One prominent trend is the growing demand for eco-friendly and sustainable packaging solutions, driven by increased environmental awareness. Manufacturers are developing biodegradable and compostable polybags to address plastic waste concerns. Additionally, the rise of e-commerce and online shopping has fueled the need for secure and efficient packaging, particularly in the logistics and retail sectors. Customization and branding opportunities on polybags are gaining importance as businesses seek to differentiate their products. Moreover, technological advancements are enhancing the strength and durability of polybags, making them suitable for various industries. These trends collectively illustrate the evolving nature of the market as it adapts to meet changing consumer preferences and industry requirements.

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.