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According to Stratistics MRC, Block Bottom Bags Market Value is expected to reach $16.86 billion by 2028 growing at a CAGR of 6.8% during the forecast period.
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Global Block Bottom Bags Industry Analysis Global Block Bottom Bags Market 2028 Outlook Report Block bottom bags are in high demand in the market, as they provide shelf stability to their solid level bottom. The secure foundation is perfect for packaging solutions for a variety of consumer goods, including rice, tea, coffee, cereal, and others. Block bottom bags are ideal substitutes for costly paper bags. Shaped as a brick-like form, it is widely used in the various industries. This packaging format is advancement over the traditional stand-up pouch. Based on the material, the plastic segment is expected to have the highest CAGR during the forecast period. Manufacturers in the block bottom bags market are bolstering their output capacities for brick shaped PP woven sacks and bags, produced without adhesives whilst using heat-welding of the coating on the fabric. There is a high demand for quality and cost-efficient PP woven block bottom bags used for packing cement. The demand for polypropylene bags and sacks from the cement industry has increased significantly in the last few years, due to increase in urbanization and growth in the industrial sector. Request for Customization of “Block Bottom Bags - Global Market Outlook (2021-2028)” @ https://www.strategymrc.com/report/block-bottom-bags-market/request-customization What our report offers: - Market share assessments for the regional and country-level segments - Strategic recommendations for the new entrants - Covers Market data for the years 2020, 2021, 2022, 2026, and 2028 - Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations) - Strategic recommendations in key business segments based on the market estimations - Competitive landscaping mapping the key common trends - Company profiling with detailed strategies, financials, and recent developments - Supply chain trends mapping the latest technological advancements Some of the key players profiled in the Block Bottom Bags Market include Berry Global, Inc., Mondi Plc., International Paper Company, Novolex Holdings, Inc., WestRock Company, Amcor Plc, Bag Makers, Inc, Welton Bibby And Baron Limited, JohnPac, LLC, Oji Holdings Corporation, and Ampac Holdings LLC. About Us: StrategyMRC research reports and publications are routed to help clients to design their business models and enhance their business growth in the competitive market scenario. We have a strong team with hand-picked consultants including project managers, implementers, industry experts, researchers, research evaluators and analysts with years of experience in delivering the complex projects. We track 30+ industries and cover 800 market segments. Call Us: +1-301-202-5929 Email: info@strategymrc.com
Global Block Bottom Bags Industry Analysis Report Coverage Details 2022 Published Year: USD 10.64 billion Estimated Market Size in 2021: 2021 Estimated Period: Compound Annual Growth Rate (CAGR) from 2021 to 2028: 6.8% USD 16.86 billion Predicted 2028 Value: 2022-2028 Forecast Years: Tables, Graphs & Figures 159 Capacity, Material, End User Chapters Covered: Adoption of transparent packaging solutions to boost sales • Increasing number of consumer goods • Core Drivers and Opportunities: Improving clear packaging designs • Sustainability offered by flexible packaging formats • Restraining Factors & Market Threats: Environmental impact of plastic • View complete “Block Bottom Bags - Global Market Outlook (2021-2028)” report @ https://www.strategymrc.com/report/block-bottom-bags-market Contact Us: Stratistics Market Research Consulting Phone: +1-301-202-5929 Email: info@strategymrc.com Website: https://www.strategymrc.com Visit our Blog: https://strategymrc.blogspot.com Call Us: +1-301-202-5929 Email: info@strategymrc.com
