The global gusseted bags market is estimated to grow at a CAGR of 3.0% during the forecast period. The retail packaging industry is gradually turning towards green packaging options, owing to growing consumer awareness regarding environmental risks associated with the disposal of non-biodegradable plastic trash. Furthermore, governments of numerous countries are enacting strict laws governing the use of plastics for packaging, which is driving demand for eco-friendly gusseted bags. To comply with government laws, many companies are increasingly focusing on employing eco-friendly materials such as paper to manufacture gusseted bags. As a result, the rising need for sustainable packaging solutions, particularly in the food and beverage industry for dry fruits, coffee beans, bakery products, and other products, is likely to drive demand for gusseted bags in the near future. Owing to their strong protective properties such as waterproofing, ultraviolet (UV) protection, impact resistance, and others, gusseted bags are increasingly being employed for the safe delivery of packaged goods from the assembly site to customers.
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As a result, the fast-growing e-commerce business across the country is likely to provide lucrative market growth prospects. In addition, advances in gusseted bags are allowing them to be used in the packaging and storage of paints, fertilizers, food grains, and dry food goods. Additionally, the growing popularity of gusseted bags in the food and beverage industry, owing to their capacity to keep products fresh for a long period and qualities such as being easy to carry, lightweight, and cost-effectiveness is boosting the market growth. The use of environmentally friendly packaging solutions is becoming more popular in the packaging business. As a result, top food and beverage companies are shifting their focus to packaging solutions produced from biodegradable materials such as paper. Furthermore, the Food Safety and Standards Authority of India’s enforcement of a prohibition on the use of single-use plastic as a secondary packaging solution, as well as the execution of rules to embrace environmentally friendly materials for packaging, are promoting growth in the country.
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Key questions addressed by the report
- What is the market growth rate?
- Which segment and region dominate the market in the base year?
- Which segment and region will project the fastest growth in the market?
- How COVID-19 impacted the market?
- Deviation from the pre-COVID-19 forecast
- Most affected region and segment
- Who is the leader in the market?
- How players are addressing challenges to sustain growth?
- Where is the investment opportunity?
Global Gusseted Bags Market Report by Segment
By Type
- Side Gusseted
- Bottom Gusseted
By Application
- Coffee and Tea Packaging
- Bakery Product Packaging
- Others
Global Gusseted Bags Market Report by Region
North America
- US
- Canada
Europe
- UK
- Germany
- Italy
- Spain
- France
- Rest of Europe
Asia-Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Rest of the World
- Latin America
- Middle-East and Africa
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Key Questions Answered by Gusseted Bags Market Report
- What was the Gusseted Bags Market size in 2022 and 2028; what are the estimated growth trends and market forecast (2022-2028).
- What will be the CAGR of the Gusseted Bags Market during the forecast period (2022-2028)?
- Which segments (product type/applications/end-user) were most attractive for investments in 2022? How these segments are expected to grow during the forecast period (2022-2028).
- Which manufacturer/vendor/players in the Gusseted Bags Market was the market leader in 2022?
- Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
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