Multi-Wall Bags Market Projected to Expand at a Robust CAGR of 4.6%, Driven by High Demand for Plastic Multi-Wall Bag Material

The multiwall bags market is poised for substantial growth, according to recent analysis projecting an average Compound Annual Growth Rate (CAGR) of 4.6% during the forecast period. By 2023, the market is anticipated to achieve a revenue of US$ 15.57 billion, with expectations to surpass US$ 24.42 billion by 2033. Future Market Insights (FMI) analysis …

Multiwall Bags Market is expected to be Driven by an Increase in Modern Retailing, High Consumer Income, and Increase in Packaging Activities, Particularly in Emerging Nations

With the increasing sales of multiwall bags in recent years, the packaging business has seen substantial expansion. As per Future Market Insights (FMI), the multiwall bags market will grow by 4.4% between 2022 and 2032, reaching US$ 23 Bn by the end of the forecast period. The need for multiwall bags is growing for packaging in fertilizer, …