Block Bottom Bags Market Comprehensive Research Analysis and Regional Outlook by 2029
Updated on Oct 11, 2023
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In terms of revenue, the global block bottom bags market is projected to grow at a CAGR of 4.8% during the forecast period of 2021-2029, owing to several factors, about which TMR offers detailed insights and forecasts in the block bottom bags market 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 an advancement over the traditional stand-up pouch. Block bottom bags are widely used in the packaging business, particularly in the food sector. TMR team segmented the analysis of block bottom bags market based on material, capacity, end-use, and region. In terms of material, the plastic segment is estimated to account for a substantial share of the of the global block bottom bags market.
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Sustainability Offered by Flexible Packaging Formats to Augment Block Bottom Bags Market Growth
Flexible packaging materials have several sustainability advantages over rigid packaging materials. These include low raw material consumption, reduced energy usage, relatively low waste production, and low carbon footprint. Reducing the amount of material used in the packaging can lead to a lowered environmental impact. Governments worldwide are focusing on framing various stringent policies regarding the reuse and recyclability of plastics. The implementation of such legislations to improvise sustainability is expected to propel the demand for flexible packaging in the future. Other advantages of sustainable flexible packaging are as follows:
- CO2 emissions of flexible packaging are lower than that of rigid packaging by around 80%
- Flexible packaging reduces 60% of solid waste and 80% of fossil fuel consumption as compared to rigid packaging
Furthermore, manufacturers are focusing on product innovations to reduce oxygen migration, absorb food odor, preserve food longer, and have a high-end appearance coupled with the sustainability advantages granted by block bottom bags.