The packaging market has evolved on a faster phase from wooden containers and plastic containers to gusseted bags. Gusseted bags are being largely used by food processing companies to package various food products, especially dry food products. One of the prominent factors driving the use of gusseted bags in packaging is it offers convenience in handling. Retaining the freshness of the product for a long period of time and leading to the less product damage are some of the other factors resulting in the growth of gusseted bags. Gusseted bags are being used for packaging in various sectors, this is thus leading to the new avenues for growth of the market in the near future.
Companies producing gusseted bags are increasingly focusing on using eco-friendly raw materials while developing gusseted bags. The trend of using eco-friendly material is also rising as the governments in various countries are introducing stringent regulations on protecting the environment. Also, some of the countries have already imposed a ban on the use of plastic bags. However, the high cost of gusseted bags as compared to the traditional bags is likely to hamper the growth of the global gusseted bags market.
As per the new report by XploreMR, the global market for gusseted bags is likely to see a sluggish growth throughout the forecast period 2017-2026. The global market for gusseted bags is also estimated to bring in US$ 26,008.8 million revenue by 2026 end.
Side Gusseted Bags to Witness the Highest Growth through 2026
Compared to the bottom gusted bags, side gusseted bags are likely to witness strong growth between 2017 and 2026. By 2026 end, side gusseted bags are estimated to surpass US$ 19,000 million revenue. Side gusseted bags have a flat bottom that allows these bags to expand, resulting in the more space. This results in holding more quantity of product in small package size this leads to less wastage. Moreover, side gusseted bags can also hold various product types like products with sharp edges.
Gusseted Bags Market: Global Industry Analysis 2012 - 2016 & Opportunity Assessment 2017 - 2026Buy Now
Custom Market Research Services
xploreMR offers custom market reserch services that help clients to get information on their business scenario required where syndicated solutions are not enough
Why Choose XploreMR
Our analysts go above and beyond to answer your specific queries. We are with you throughout the entire journey – from initial discussion to post-purchase.
Country-wise Analysis & Forecasting
As we track markets at country-level, we are able to offer hard-to-find market intelligence in both developed and emerging countries.
High Quality At Competitive Pricing
We believe high quality market research shouldn’t be out of reach for businesses. Our competitively-priced market research reports ensure businesses of all sizes have access to quality information
A recent market report published by XploreMR on the cold chain packaging market provides global industry analysis for 2015-2019 & forecast for 2020-2030. The report offers a comprehensive assessme ...
A recent market report published by XploreMR on the shrink sleeve label applicator market provides global industry analysis for 2015-2019 & forecast for 2020-2030. The report offers a comprehensiv ...