Heavy Duty Paper and Multiwall Shipping Sack Market Size

Heavy Duty Paper & Multiwall Shipping Sack Market Analysis

The heavy-duty paper and multiwall shipping sack market is expected to reach a CAGR of 4.1% during the forecast period (2020 - 2025). The growing need for heavy-duty paper and multiwall bags is gaining traction across various end-users such as fertilizer, textile, cement manufacturers, etc. as paper packaging is one of the most used eco-friendly packaging solutions. Moreover, people are becoming aware of the environment, bolstering the demand for heavy-duty paper and multiwall shipping sack market.

• The ability of this packaging format to be produced in many sizes with a small footprint, compared to other bulkier packaging options, makes it feasible for use in almost all end-user industries. The recyclability characteristic is one of the critical advantages of using paper for packaging over other packaging materials.
• Multiwall paper bags are becoming popular as they can be used for customization of the product for promotional purposes. They are prepared from various layers of kraft paper. The inner layer of the multiwall bags is specially coated and laminated to prevent contamination. Further, the demand for these is driven by the increasing growth of the real estate industry in the developing countries as well as in the developed countries as they are widely used in the cement packaging.
• With government initiatives taken to ban plastic packaging, the paper packaging market is expected to experience a substantial boost due to the continuous adoption of paper packaging as an alternative. Various countries, such as China, India, and Taiwan, have implemented environmental safety policies to eliminate single-use plastic usage. For example, in January 2020, a new policy was implemented by the National Development and Reform Commission and the Ministry of Ecology and Environment, the directive will see non-degradable bags banned in major cities of China by the end of 2020 and in all cities and towns by 2022.
• Moreover, the increasing growth of organized retail such as supermarkets and hypermarkets also propels the growth of the multiwall bags market during the forecast period because many companies do not consider normal plastic for the packaging. Further, increasing the growth of horticulture is expected to drive the market growth.
• The outbreak of COVID-19 has reshaped industry megatrends in ways that can have major short- and long-term implications for packaging design. Although sustainability remains the top trend and therefore, the market is likely to grow over the forecast period. The rising R&D activities by the government and manufacturers and increasing adoption of paper recycling technologies andare expected to present lucrative opportunities to the market.