Acknowledging the kind of traction gained by this market, Industry Data Analytics recently published a study report asserts the global Round Bottom Sealed Bag Market size is projected to accrue voluminously by 2027 registering a phenomenal CAGR of 4.7% during the review period (2022 to 2027).
The packaging industry has changed significantly as a result of the expanding need for convenience and flexibility. Round Bottom Sealed Bages are a reliable source for proper product handling and have aided in the expansion of manufacturers' businesses. The market for polypropylene pouches with a global focus has gained momentum because to the demand for preserved goods. An increase in the price of raw materials and the introduction of new thermoplastic monomers are two of the main reasons that are anticipated to have an impact on the manufacturing of Round Bottom Sealed Bages. Polyester is a preferred material by producers that want their products' packaging to be highly printable for increased consumer appeal. In regions where high moisture barrier qualities are present, there are potential for growth in the Round Bottom Sealed Bag market.
The material in the Round Bottom Sealed Bag is tough, which increases its durability. These days, the modified form of the bi-axially Round Bottom Sealed Bag, which comprises metalized film and is used to package salty snacks, frozen foods, and other confectioneries, is also favoured. The market for Round Bottom Sealed Bages is also growing thanks to greater opportunities in the chemical and agriculture industries. The market for Round Bottom Sealed Bages is growing in the food packaging industry because they ensure food safety while reducing environmental impact. The packaging industry's market expansion for Round Bottom Sealed Bages must result in a balance between environmental responsibility and food safety. The Round Bottom Sealed Bag market is anticipated to experience rapid growth over the course of the forecast period, fueling a huge revolution in the packaging sector.
Industry Development:
April 8, 2019 :Bemis Healthcare Packaging recently launched Insura™, an innovative seal verification technology designed specifically for medical device packaging. This technology is a real-time, non-destructive visual indicator of seal quality which is imbedded into the sterile barrier system. A blue color is generated under only proper seal conditions – chemistry, heat and intimate contact.
The Round Bottom Sealed Bag Market is growing at a very fast pace and has seen the focus of many local and regional vendors offering precise application products for multiple end users. The three dependencies for the status of major companies in the market are: company profile, profitable gross margin, and the prices they charge. These are the main players in this market includes Bemis Company, Sealed Air Corporation, Winpak Ltd, Kureha Corporation, Coveris Holdings SA, Schur Flexibles Group, Flavorseal Llc, BUERGOFOL GmbH, Flexopack SA, Globus Group, Vac Pac Inc, Astar Packaging Pty Ltd, Millepack srl, Zhejiang Chovyting Machinery and others.
Round Bottom Sealed Bag Market is segmented based on the Types, applications, End users, companies and regions.
Global Round Bottom Sealed Bag Market, by Type
Global Round Bottom Sealed Bag Market, by Applications
The Asia Pacific is expected to see a boost in demand for Round Bottom Sealed Bages as a result of the market's positive situation in the industrial and service sectors. The market for Round Bottom Sealed Bages in the North American region is anticipated to rise in the next years, with rising retail sales acting as a major driving force. The market for Round Bottom Sealed Bages has developed as a result of European manufacturers placing a greater emphasis on efficient packaging solutions. The market for Round Bottom Sealed Bages is growing as a result of factors such as rising instant and preserved food demand, product safety concerns, and concerns about product shelf life in different geographical areas.
Report Attributes | Report Details |
Forecast Period 2022 to 2027 CAGR | CAGR of 4.7% during the review period (2022 to 2027). |
By Types |
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By Application |
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By Companies | Bemis Company, Sealed Air Corporation, Winpak Ltd, Kureha Corporation, Coveris Holdings SA, Schur Flexibles Group, Flavorseal Llc, BUERGOFOL GmbH, Flexopack SA, Globus Group, Vac Pac Inc, Astar Packaging Pty Ltd, Millepack srl, Zhejiang Chovyting Machinery |
Regions Covered |
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Countries Covered |
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Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2022 to 2027 |
Number of Pages | 163 |
Customization Available | Yes, the report can be customized as per your needs |
What is the study period of this market?
The Round Bottom Sealed Bag Market is studied from 2017 - 2027.
What is the growth rate of Round Bottom Sealed Bag Market?
The Round Bottom Sealed Bag Market is growing at a CAGR of 4.7% over the next 5 years.
Who are the leading key players in Round Bottom Sealed Bag Market?
Bemis Company, Sealed Air Corporation, Winpak Ltd, Kureha Corporation, Coveris Holdings SA, Schur Flexibles Group, Flavorseal Llc, BUERGOFOL GmbH, Flexopack SA, Globus Group, Vac Pac Inc, Astar Packaging Pty Ltd, Millepack srl, Zhejiang Chovyting Machinery
What regions does this Round Bottom Sealed Bag Market report covers?
North America (the United States, Canada, and Mexico)
Europe (Germany, France, UK, Russia, and Italy)
Asia-Pacific (China, Japan, Korea, India, and Southeast Asia)
South America (Brazil, Argentina, Colombia, etc.)
The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, and South Africa)
What are the significant types of Round Bottom Sealed Bag Market?
LDPE, PE, BOPP, PVC, Others
What are the significant applications of Round Bottom Sealed Bag Market?
Fresh Meat, Frozen Fish and Seafood, Cheese, Others
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SECONDARY RESEARCH
Secondary Research Information is collected from a number of publicly available as well as paid databases. Public sources involve publications by different associations and governments, annual reports and statements of companies, white papers and research publications by recognized industry experts and renowned academia etc. Paid data sources include third party authentic industry databases.
PRIMARY RESEARCH
Once data collection is done through secondary research, primary interviews are conducted with different stakeholders across the value chain like manufacturers, distributors, ingredient/input suppliers, end customers and other key opinion leaders of the industry. Primary research is used both to validate the data points obtained from secondary research and to fill in the data gaps after secondary research.
MARKET ENGINEERING
The market engineering phase involves analyzing the data collected, market breakdown and forecasting. Macroeconomic indicators and bottom-up and top-down approaches are used to arrive at a complete set of data points that give way to valuable qualitative and quantitative insights. Each data point is verified by the process of data triangulation to validate the numbers and arrive at close estimates.
EXPERT VALIDATION
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REPORT WRITING/ PRESENTATION
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