The global demand for Block Bottom Bags Market is presumed to reach the market size of nearly USD 1.1 MN by 2028 from USD 0.77 MN in 2021 with a CAGR of 5% under the study period 2022 - 2028.
A block bottom bag is a self-standing gable-top packaging. It's similar to gusseted and plain pillow bags, but it's distinguished by its oversized side gussets and block bottom. The block bottom bags confirm the shape of the goods they are safeguarding, ensuring the product's security at a high degree. Block bottom bags packaging also provides a range of presentation possibilities, allowing product makers to enhance their aesthetic appeal and branding. Block bottom side gusseted bags are being used to meet the increased need for branding and marketing. A block bottom bag can include a variety of hole punch designs for merchandising and additional features like a zipper and perforation line to help with easy opening and closing.
Expandable block bottom bags, which are lighter in weight and cost less, have been developed due to technological improvements, allowing product makers to increase their profit margins. Furthermore, using environmentally friendly raw materials in block bottom bags is becoming increasingly popular. Moreover, block bottom bags are in high demand due to the ever-growing eCommerce end-use market. The need for block bottom bags is fueled by the automatic filling and packing of cement. Due to its economic nature, high strength, and increased tear resistance, the block bottom bag is projected to gain significant momentum during the forecast future.
The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of block bottom bags. The growth and trends of block bottom bags industry provide a holistic approach to this study.
This section of the block bottom bags market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities.
By End Use
- Up To 5 Kg
- 5 Kg To 20 Kg
- 20 Kg To 50 Kg
- Above 50 Kg
This section covers the regional outlook, which accentuates current and future demand for the Block Bottom Bags market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.
Global Block Bottom Bags Market Share by Region (Representative Graph)
The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the block bottom bags market include Ampac Holdings LLC., Novolex Holdings, Inc., El Dorado Packaging, Inc., Welton Bibby and Baron Limited, McNairn Packaging, Inc., Oji Holdings Corporation. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.
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