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

Polybags Market Trends

Report ID: GMI7020
Published Date: Jul 2024
Report Format: PDF

Download Free Sample

Polybags Market Trends

The development and adoption of advanced materials and technologies that enhance functionality and sustainability will also favor the market growth. Innovations, such as biodegradable polybags are preferred as they decompose naturally and reduce environmental impacts. Integrating smart packaging features including QR codes and RFID tags is becoming popular in polybags for enabling improved tracking, inventory management and consumer engagement.

For instance, in October 2023, Bayer Consumer Health UK, collaborated with AIPIA member Zappar to launch a new Accessible QR code on its Canescool Soothing Gel Cream packaging for assisting individuals who are blind or have partial sight. The increased focus on circular economic practices is also encouraging the use of recycled materials in the production, thus supporting and meeting environmental goals to meet legal requirements.

Authors: Kiran Pulidindi, Manish Verma

Frequently Asked Questions (FAQ) :

Industry size for polybags was worth USD 22.5 billion in 2023 and will grow at 7.7% CAGR between 2024 and 2032 due to the growing demand for sustainable and recyclable packaging solutions, increased e-commerce activities, and the rising need for lightweight, cost-effective packaging.

Polybags industry from the E-commerce and shipping segment will record USD 12.3 billion by 2032, driven by the growing volume of online sales and the demand for dependable, cost-efficient packaging solutions.

North America industry will expand to USD 11.2 billion by 2032, attributed to the region's well-established logistics and distribution networks, advanced retail, and e-commerce sectors, coupled with a high consumer demand for convenient packaging solutions.

Prominent players operating in the polybags industry are Berry Global Group Inc., Micro-Pak Ltd., Amcor Plc, Arihant Packers, Sealed Air Corporation, A-Pac Manufacturing Co., Inc., Mondi Group, Printpack, Inc., Coveris AG, Pactiv Evergreen Inc., and Sonoco Products Company, among others.