The global flat-bottom bag market is anticipated to reach US$ 1.5 billion in 2023 and exhibit a CAGR of 4.7% to reach US$ 2.3 billion by 2033, according to Future Market Insights research. The top 3 nations are anticipated to control 25–30% of the global flat-bottom bags market by the end of 2022, as the flat-bottom bag market revenues are expected to soar.
Due to its advantages, such as easy recyclability and availability, paper is anticipated to account for the majority of the flat-bottom bag market worldwide. By the end of 2023, it is anticipated that the target category will hold 68% of the worldwide flat-bottom bag market.
Flat Bottom Bags – Market Outlook
Flat Bottom Bags are also known as block bottom bags. This packaging format is an improved variation of the standard stand-up pouch. Flat-bottom bags are popular products in the packaging industry, specially for food products. It has many optional added extras such as matte print finishing, grip seal closure or tear notches. The flat bottom bags have high demand in the market owing to the fact that the bag offers shelf stability due to its sturdy level bottom.
The base being flat and secure, is ideal for packaging solutions for many consumer products such as rice, tea, coffee, cereal and many more. Thus, the outlook for the growth of the global flat bottom bags market is expected to remain mostly positive during the forecast period. In addition, flat bottom bags are produced with the help of high quality films to enhance the durability and flexibility of the pouches.
Flat bottom bags can also be customized to suit individual product prefrences and brand so that it has high resistance to pressure that decreases th chances of package rupture. One of the driving factors of flat bottom bags market is that these bags can be produced with lamination and metalized lining that helps in keeping excess moisture out, which keeps products fresher for longer time.
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Global Flat Bottom Bags market: Key Players
The global flat bottom bags market is characterized by the existence of many prominent players in the market. The main players of the flat bottom bags market compete with their rivalry on the basis of features such as price, quality and product innovation.
Few of the key players operating in the global flat bottom bags market are – Pouch Direct, Pouch Makers, Layfield Flexible Packaging, Bags and Pouches, Fine Packaging, Pack Plus, Knack Packaging, Mondi Group, Polypouch, Tekpak Solutions, Yangrui Packaging Bags Specialist, DXC Packaging, Sav-on Bags, Plastic Packaging LLC, Pacific Bags Inc., MT Packaging, PBFY Flexible Packaging, Aceco Industrial Packaging Co., Four Star Plastics among others.
Product Introduction
- In November, 2017, Consolidated Packaging Group (CPG) introduced their new flat-bottom pouches that complement their existing product line. These packages feature a flat bottom for stability and brand awareness. CPG’s new flat-bottom bags are manufactured in numerous sizes, printed using advanced HD 175-line screen Flexo in up to 10 colors. The pouches’ film structures are designed to satisfy each customer’s oxygen and moisture barrier property requirements.
The flat bottom bags market is anticipated to be positively influenced by evolving consumer preferences, and R&D in advanced packaging technologies. Lined board also have immense opportunity for growth in the field of food and beverage.
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The report covers exhaust analysis on
- Market Segments
- Market Dynamics
- Market Size
- Supply & Demand
- Current Trends/Issues/Challenges
- Competition & Companies involved
- Technology
- Value Chain
Regional analysis includes
- North America (U.S., Canada)
- Latin America (Mexico. Brazil)
- Western Europe (Germany, Italy, France, U.K, Spain)
- Eastern Europe (Poland, Russia)
- Asia Pacific (China, India, ASEAN, Australia & New Zealand)
- Japan
- Middle East and Africa (GCC Countries, S. Africa, Northern Africa)
The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain. The report provides in-depth analysis of parent market trends, macro-economic indicators and governing factors along with market attractiveness as per segments. The report also maps the qualitative impact of various market factors on market segments and geographies.
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Global Flat Bottom Bags market: Segmentation
The global flat bottom bags market has been segmented as follows –
On the basis of Product Type, the global flat bottom bags market has been segmented as –
- Flat bottom pouch with zipper
- Flat bottom pouch with tear off zipper
- Flat bottom pouch with no zipper
On the basis of Capacity, the global flat bottom bags market has been segmented as –
- 100g
- 250g
- 500g
- 1 kg
- Other
On the basis of End Use, the global flat bottom bags market has been segmented as –
- Coffee and tea
- Nuts and dried fruits
- Rice and grains
- Snack foods
- Baked foods
- Pet foods
- Others
On the basis of Geography, the global flat bottom bags market has been divided into seven key regions –
- North America
- Asia Pacific excluding Japan
- Western Europe
- Eastern Europe
- Latin America
- Middle East & Africa
- Japan
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