In 2023, the global quad seal bag market is projected to reach a market value of US$ 13.98 billion, and from 2023 to 2033, it is projected to grow at a CAGR of 7.1% to reach a valuation of US$ 28 billion. With a 5.2% CAGR from 2018 to 2022, the quad seal bag market demonstrated expansion.
The demand for quad seal bags is being driven by the flourishing food packaging market, rising consumerism, expanding packaging innovations, and rising adoption by businesses to draw in customers. The rising popularity of pet food, coffee, snacks, and candies is a major driver of industry expansion.
Market popularity of quad seal bags is increasing as consumers are demanding flexible packaging solutions, added with sustainability results in rapid market acceptance of quad seal bags. Adding to benefits the unique design offered by quad seal pouches helps packaging manufacturers in saving raw materials up to 15%.
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Modern retailers from Europe and North America with the advantages of the latest technologies are penetrating into China, India which are the largest consumer markets in the world. So as per the forecast for the coming decade, we can get a clear idea that quad seal bags are expected to gain significant traction.
Key market players of quad seal bags
- Tyler Packaging Limited
- Atlapac Corporation
- Foster Packaging
- Cas-Pak Products Ltd.
- Swiss Pack Pvt Ltd.
- Pacific-bag, Inc.
- Diamond Flexible Packaging Co.
- Pouch Direct
- GMD Packaging
- PBFY Flexible Packaging
- Glenroy, Inc.
- Innovia Films
- Berry Global, Inc.
- Sonoco Products Company
- Bemis Company, Inc.
- Mondi Group Plc
- A&M Packaging
What are the recent developments in the quad seal bags market?
Tyler packaging of UK came up with a new idea of visualizing the packaging in 3D and allows customers to upload their artwork, and the designing and printing work is done by the company. This trendsetting new standards for the whole packaging industry as well quad seal bags.
Glenroy Inc. received five flexible packaging awards from the Flexible Packaging Association, including two gold awards among five awards they received. Glenroy Inc. is a pioneer in quad seal bags manufacturing and customizing and is also considered as a market leader.
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Amcor pledged to help brands by providing independent brand labeling by communicating packaging carbon footprints to customers, so that creates a sustainable brand image of the company among customers.
Mars Food along with Amcor announced the world’s first microwavable & recyclable rice pouch in December 2020. The move could be considered as a revolutionary step in the packaging industry that provides innovative packaging solutions to consumers as well as manufacturers.
Which are the key growth drivers for the quad seal bags market?
In recent years consumer perceptions & preferences are driving the global packaging industry completely. Along with new innovation, fewer wastages and recyclability of almost all materials used for packaging are taken into consideration.
People preferring flexible packaging over all other formats with products in tubes, pouches, and sachets will see an increase in sales due to the convenience it provides to the final consumer.
The retail landscape of almost the whole world is changing due to the rise in demand for quad seal pouches, as there are more food and household product offerings in quad seal bags increases, this factor made changes in lifestyle and consumption habits of the consumers.
Room for customization and product visibility by using quad seal pouches for enhancement of consumer appeal, these are positively influencing growth of quad seal bags in the market.
Segmentation of Quad Seal Bags
Application:
- Tea
- Coffee
- Chocolates
- Fertilizers
- Protein powder
- Dry fruits
- Frozen food
- Pet food
- Bakery items
Material Type:
- Plastic
- Polyethylene
- Polypropylene
- Polyvinyl Chloride
- Low-Density Polyethylene
- Bi-axially Oriented Polypropylene
- Aluminum
Key Regions:
- North America
- Western Europe
- Latin America
- Middle East
- Asia-Pacific
- Eastern Europe
- Japan
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