Quad Seal Bag Market: Global Size, Share, Trends, Growth and Forecast 2022-2032
Quad Seal Bag Market: Overview and Definition
The global quad seal bag market is anticipated to expand at a steady CAGR of 5% over the forecast period 2022-2030.
Quad seal bag (also referred to as side gusset, self-standing, block bottom pouch, flat bottom pouch or box pouch) is a flexible 3 layer bag made of laminations, typically, the outer layer (PET or MET PET), the barrier layer (AL or VMPET) and the inner layer (LLDPE). These lightweight bags are named after their 2 long vertical panels and 2 gussets, which are further joined together with four vertical seals. The sealed sides make this pouch remarkably strong and durable and ideal to support heavier volume products. The absence of back sealing along with the weight of the products give the pouch its shape and dimensional stability and allows it to stand easily in shelves and cartons even with additional fillings. The aluminum foils used in the bags act as a barrier to oxygen, UV light, and moisture diffusion while retaining the product’s aroma and elongating the shelf life.
Some advantages of quad seal bags include: excellent shelf appeal and utilization, a modular-premium quality design and look, up to 4 panels for effective brand messaging strategy, up to 10 color rotogravure printing and up to 15% savings of raw materials. Quad bags offer various customization options as per market requirements and can also be equipped with various optional consumer and marketer convenience features.
This specialty bag is majorly popular for packing specialty commodities such as high quality tea, coffee, IQF, candy, snacks and pet foods etc. but is flexible for the storage of many other items across many different industries.
Quad Seal Bag Market: Key Drivers
The primary factors influencing the growth of the market include: the soaring acceptance of quad seal bags globally, the rapidly surging consumer demands for flexible packaging solutions across different industries, the burgeoning popularity of side gusset bags in the packaging industry and the increasing number of applications of the quad seal bags across major industry verticals etc.
Additionally, the manufacturers in the quad seal bags market, over the years have been increasing their research and development activities for launching new and advanced quad sea/side gusset bags with added safety and convenience features. Some of the most notable developments in the recent years have been in the form of digitally printed customized pouches, quad seal bags made with sustainable solutions by using different categories of totally bio-degradable plastics and the introduction of additional variants of bags such as the complete seal bags and visible quad seal bags etc. This factor is expected to drive considerable demand for quad seal bags in the next few years and also add to the overall growth of the quad seal bags market during the forecast period.
Moreover, the packaging industry is indubitably driven by the changing perceptions & preferences of the consumers across different industries around the globe. The demand for flexible packaging over all other formats due to their added convenience is currently on the rise and thus, the demand for quad seal bags as a flexible packaging option which provides more food and household product offerings along with room for customization and product visibility is expected to sail through in the years to come.
Furthermore, other factors such as increasing availability of wide number of accessories with quad seal bags catering to the different requirements of the consumers, rising competition among the market players and the proliferating awareness regarding the recyclable value of the quad seal bags among the people are further anticipated to create immense growth opportunities for the growth of the quad seal bags market.
However, the relatively higher production cost and the level of technical expertise associated with the production of these bags may hinder the growth of the market during the forecast years.
Quad Seal Bag Market: Challenges
The quad seal bag market faces several challenges, including:
Competition: The quad seal bag market is highly competitive, with numerous players offering similar products. This makes it difficult for companies to differentiate themselves and stand out in the market.
Cost: The cost of raw materials used to produce quad seal bags, such as polyethylene, can be volatile and subject to price fluctuations, making it difficult for companies to maintain profit margins.
Environmental Concerns: The production of plastic bags, including quad seal bags, generates waste and contributes to environmental pollution. This has led to increasing concerns about the impact of plastic bags on the environment, and has led to calls for more sustainable packaging solutions.
Regulations: The packaging industry is subject to strict regulations, particularly in regards to food safety. Companies must comply with these regulations, which can add to the cost of production and lead to decreased profitability.
Technological Advancements: The rapid pace of technological advancement in the packaging industry means that companies must continuously invest in new equipment and technology in order to remain competitive. This can be a significant challenge for small and medium-sized enterprises.
Quad Seal Bag Market : Report Scope |
|
Base Year Market Size |
2021 |
Forecast Year Market Size |
2022-2032 |
CAGR Value |
5% |
Segmentation |
|
Challenges |
|
Growth Drivers |
|
Quad Seal Bag Market: Segmentation
By Material Type:
- Plastic
- Polyethylene
- Polypropylene
- Polyvinyl Chloride
- Low-Density Polyethylene
- Bi-axially Oriented Polypropylene
- Aluminum
By Accessory:
- Re-Sealable Zippers
- Euro Slots
- Degassing Valves
- Hanging Holes
- Tear Notches
- Oval Windows
- Others
By Application:
- Tea
- Coffee
- Chocolates
- Fertilizers
- Protein powder
- Dry fruits
- Frozen food
- Pet food
- Bakery items
- Others
By Region:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Quad Seal Bag Market: Regional Outlook
Geographically, the North American and the European region hold the largest and the second largest share in the global quad seal market respectively. The regions are further expected to maintain their positions at the top during the forecast period as well. This can be attributed to the high production of quad seal bags in these regions, the high presence of major key companies in the regions and the consistent development and adoption of advanced technologies in the regions etc.
On the other hand, the Asia Pacific region is the fastest growing regional market for side gusset or quad seal bags. The region is further poised to witness massive traction in the upcoming years on account of factors such as the increasing penetration of modern retailers coming from Europe and North American region into this region, the augmenting demand for flexible packaging solutions in the region, the presence of developing countries such as India in the region and the robustly expanding manufacturing industries in the major economies of the region etc. The major contributors to the region include India and China.
The Middle East and African region also hold a significant share in the global quad seal bag market with further prediction of its market size expanding at a tremendous growth rate in the upcoming years. This can be attributed to factors such as the escalating demand towards new packaging solutions such as quad seal bags by the consumers in the region and the increasing presence of by key market players in the region etc.
Quad Seal Bag Market: Recent Developments
There have been several recent developments in the quad seal bag market, including:
Increasing Use of High-barrier Films: Companies are using high-barrier films, such as metallized films, to enhance the shelf life of their products. These films offer improved barrier properties, which helps to maintain the freshness and quality of food products for a longer period of time.
Growing Demand for Stand-up Pouches: Stand-up pouches are becoming increasingly popular in the quad seal bag market, as they offer a convenient and user-friendly packaging solution. Stand-up pouches can be stood upright on shelves, making them easy to store and display, and they are also reusable, which makes them a more sustainable option.
Expansion of the E-commerce Industry: The growth of the e-commerce industry is driving demand for quad seal bags, as retailers look for flexible and versatile packaging solutions to meet the demands of the market. Companies are investing in new and innovative packaging solutions to cater to the growing e-commerce sector.
Focus on Sustainable Packaging: Companies are placing an increased focus on sustainable packaging, in response to consumer demand for environmentally friendly solutions. Many companies are now using recyclable materials to produce their quad seal bags, and are investing in new technologies to reduce the environmental impact of their packaging.
Increasing Investment in R&D: Companies are investing in research and development in order to improve the quality and performance of their quad seal bags. This includes investing in new materials, technologies, and manufacturing processes to enhance the efficiency and cost-effectiveness of the production process.
Quad Seal Bag Market: Key Players
- Swiss Pack Pvt Ltd.
- Pacific-bag Inc.
- Diamond Flexible Packaging Co.
- PBFY Flexible Packaging
- Glenroy Inc.
- Innovia Films
- Berry Global Inc.
- Sonoco Products Company
- Bemis Company Inc.
- Mondi Group Plc
- A&M Packaging
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Request for Customized Report- Publication date: 19th September 2023
- Base year: 2023
- Forecast year: 2024-2033
- Format: PDF, PPT,Word,Excel