Moisture Barrier Bags Market Trend, Share, Growth, Size and Forecast 2030

 


The size of the worldwide market for moisture barrier bags is expected to grow at a compound annual growth rate (CAGR) of over 6.26% between 2023 and 2030. In 2022, the market was valued at USD 490.88 million. By 2030, it is expected to generate revenue of roughly USD 797.87 million.

Global Moisture Barrier Bags Market: Overview

These days, moisture barrier bags are regarded as one of the best packing options available for preventing corrosive damage from grease, scents, salt spray, oxygen, moisture, airborne pollutants, and humidity. This is a low waste substitute for other rigid packaging solutions because it takes up less space in landfills. Alufoil bags or foil bags are other names for moisture barrier bags.
Moisture Barrier Bags Market

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Global Moisture Barrier Bags Market: Growth Factors

The market for moisture barrier bags is expanding rapidly worldwide. Some of the major factors driving the growth of the global moisture barrier bag market are the growing need for effective and protective product packaging, the rise in demand for moisture barrier bags from the electronics industry to shield products from static damage, and the strategic marketing initiatives of the major players. Applications for moisture barrier bags are numerous and include pharmaceutical product protection, electronic products storage, and raw ingredient preservation. Because moisture barrier bags offer low moisture vapor transmission and a low oxygen transmittal rate, they are the best option for preserving raw ingredients such as botanicals, seeds, butter, vegetable oils, and many more. 

The expansion of the worldwide market is facilitated by each of these elements. Additionally, the market is expanding due to the growing need for foil bags to prolong the shelf life of products, particularly in the food industry where they are used to package pet food, liquid food, and ready-to-eat food items. In addition, during the course of the forecast period, technical breakthroughs like the usage of aluminized polymer, which lowers the cost of material, may present a number of chances for the growth of the global market for moisture barrier bags. However, when they are folded, crumpled, or severely punctured, the most popular static shielding moisture barrier bags may lose their ability to shield static electricity. The negative aspects of the bag could impede the expansion of moisture barrier bags worldwide.

The Covid-19 epidemic has had hitherto unheard-of repercussions on the global market for moisture barrier bags, and its implications on market growth are predicted to be moderate. The majority of the nations enacted total lockdowns and issued emergency alerts. Retail establishments were forced to close, and the industrial sector was forced to stop all activities. Additionally, the demand for luxuries and non-essential commodities declined as a result of the shift in consumer behavior. As a result, throughout the first and second quarters of 2020, the end customers' demand for moisture barrier bags decreased. Nonetheless, the rise in revenue during the epidemic was facilitated by internet retailing and packaging designed specifically for e-commerce.

Global Moisture Barrier Bags Market: Segmentation

The market for moisture barrier bags worldwide is segmented according to end-user, region, material, packaging type, product type, capacity, and package type. The global market for moisture barrier bags is divided into three segments based on the material: plastic, paper, and aluminum foil. The global market is divided into two segments based on the type of package: flat bags and gusseted bags. Static shielding, poly moisture barrier bags, and volatile inhibitors make up the different product types in this area. Up to 10 kilogram, 10 to 15 kg, 15 to 20 kg, and over 20 kg make up the capacity category. The global market is divided into categories based on the end-user, including food & drinks, chemicals & fertilizers, pharmaceuticals, electrical & electronics, and others.

Global Moisture Barrier Bags Market: Regional Analysis

Over the course of the forecast period, North America is anticipated to account for the largest share of the global market for moisture barrier bags. Some of the main factors driving the market's expansion in this area are the electronics sector's growing need for moisture barrier bags to prevent damage and the packaging industry's surge in innovations. Because of the rise in demand for flexible packaging and the increased use of moisture barrier bags in the pharmaceutical industry, Asia Pacific is predicted to be the second-largest market.

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Global Moisture Barrier Bags Market: Competitive Players

  • Twin Rivers Paper Company LLC & Billerudkorsnäs Ab
  • Pacific Packaging (Far East) Pte Ltd
  • Protective Packaging Corporation Inc
  • Flexopack SA
  • Mondi Plc.
  • ProAmpac LLC
  • 3M
  • Amcor Plc
  • SCG Packaging Public Company Limited
  • and Sonoco Products Company

Global Moisture Barrier Bags Market: Regional Segment Analysis

By Product Type

  • Poly Moisture Barrier Bags
  • Static Shielding
  • Volatile Inhibitors
  • Vacuum Moisture Barrier Bags
  • Foil Moisture Barrier Bags
  • Mylar Bags

By Capacity

  • Above 25 KG
  • 20 Kg to 25 KG
  • 15 Kg to 20 KG
  • 10 Kg to 15 KG
  • Up to 10 KG

By Material

  • Aluminum Foil
  • Paper
  • Plastic

By Package Type

  • Gusseted Bags
  • Flat Bags

By End User

  • Electronics
  • Pharmaceuticals and Medical
  • Chemicals and Fertilizers
  • Food and Beverages
  • Consumer Goods
  • Others

By Region

  • North America
    • The U.S.
    • Canada
  • Europe
    • France
    • The UK
    • Spain
    • Germany
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.
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