Kraft Block Bottom Pouch Market Revenue, Opportunity, Forecast and Value Chain 2019-2029

0
16

In recent years, kraft paper bags are gaining popularity owing to increased tolerance for plastic use in packaging. The kraft block bottom pouch is the best alternatives for plastic stand up pouches. Due to the compact design of the kraft block bottom pouch, it can be efficiently placed on the shelf. The kraft block bottom pouch is made up of compostable material which is not harmful to the environment as compared to its counterparts such as plastic bags. The kraft block bottom pouch contains high recyclable content, which makes them a preferred choice for sustainable packaging. The local governments are imposing a ban on the use of plastic pouches and bags, which creates a lucrative opportunity for the growth of the kraft block bottom pouch. The market for the global kraft block bottom pouch is expected to witness high growth prospects during the next decade.

Download sample copy of this report: 
https://www.futuremarketinsights.com/reports/sample/REP-GB-10176

Kraft Block Bottom Pouch Market: Dynamics

The rising awareness among people against the use of plastic-based packaging and inclining more towards the use of sustainable and eco-friendly packaging products is expected to drive the global kraft block bottom pouch market. Nowadays, the kraft block bottom pouch is highly used in groceries to fill cereals, pulses, and other products, bakeries, confectionery, and at various shops due to their flexibility in sizes. The kraft block bottom pouch is available in multiple sizes and capacity ranging from 4 ounces to 16 ounces and can be custom made as per the requirement of the user. These factors are expected to drive the global kraft block bottom pouch market during the forecast period. Also, the kraft block bottom pouch can be placed on the shelf and offers excellent printability. It helps vendors in branding and promotion at the point of sale. Also, the major advantage of these kraft block bottom pouches is that they can be square up in the form of boxes for secure handling. These factors are expected to fuel the demand for the global kraft block bottom pouch market during the next ten years.

Global Kraft Block Bottom Pouch Market: Regional Outlook

The European region is expected to fuel the demand for the kraft block bottom pouch market during the forecast period. It is owing to the stringent regulations against the use of plastic pouches and bags. In various countries of Europe such as Germany, Italy, Spain, the U.K., France, and among others, the use of plastic based packaging is taxable, i.e., consumers must have to pay if they demand bags. These factors are anticipated to push the demand for the kraft block bottom pouch in the region. In China, India, Thailand, and Malaysia, the government has imposed a tax on the use of plastic as well as paper bags, and in some parts of India and Thailand, the use of plastic bags is strictly prohibited. These factors are probably fueling the demand for the global kraft block bottom pouch market during the next decade.

Global Kraft Block Bottom Pouch Market: Key Players

Some of the key players (manufacturers and distributors) operating in the global kraft block bottom pouch market are as follows:

  • Mondi USA, Inc.
  • PBFY Flexible Packaging
  • Paper Bag Co.
  • Swiss Pac USA
  • TricorBraun Inc.
  • International Plastics, Inc.
  • BagInCo International
  • BillerudKorsnäs AB
  • H-PACK Packaging UK Ltd.
  • Mohit Paper Packaging Industry

Download Segment-wise Analysis@ https://www.futuremarketinsights.com/checkout/10176

 

LEAVE A REPLY

Please enter your comment!
Please enter your name here