The Moisture Barrier Bags Market size is expected to grow at a compound annual growth rate of 5.50% for the forecast period of 2021 to 2028. Data Bridge Market Research report on moisture barrier bags market provides analysis and insights regarding the various factors expected to be prevalent throughout the forecasted period while providing their impacts on the market’s growth.
Moisture barrier bags are also termed as Mylar bags and foil bags. These bags are specially designed to protect against humidity, oxygen, sprays, grease and airborne contaminants. The moisture barrier bags are static, and offer utmost puncture resistance and hold out harshest vacuum packaging applications.
The moisture barrier bags market is expected to rise in demand due to the high demand in commercial and domestic settings. Also, the high demands from manufacturing sectors along with the rise in need for flexible packaging solutions are also projected to impact the growth of the moisture barrier bags in the forecast period of 2021 to 2028. The rise in environmental concerns associated with plastic and rapid innovations in compostable food packaging is also anticipated to flourish the demand of the moisture barrier bags market owing to the above mentioned reasons and is also is projected to grow substantially during the forecast period. The major factor which actively drives the demand of moisture barrier bags market is the increase in consumer dissatisfaction toward damaged and mangled electronic products
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Global Moisture Barrier Bags Market Scope and Market Size
The moisture barrier bags market is segmented on the basis of product type, capacity, material, package type and end user. The growth amongst the different segments helps you in attaining the knowledge related to the different growth factors expected to be prevalent throughout the market and formulate different strategies to help identify core application areas and the difference in your target markets.
- On the basis of product type, the moisture barrier bags market is segmented into poly moisture barrier bags, volatile inhibitors, static shielding, vacuum moisture barrier bags, foil moisture barrier bags and Mylar bags.
- On the basis of capacity, the moisture barrier bags market is segmented into above 25 kg, 20 kg to 25 kg, 15 kg to 20 kg, 10 kg to 15 kg and up to 10 kg.
- Based on material, the moisture barrier bags market is segmented into paper, aluminum foil and plastic. Plastic has further been segmented into nylon, polyester and polyethylene (PE).
- On the basis of package type, the moisture barrier bags market is segmented into gusseted bags and flat bags.
- The end user segment for moisture barrier bags market is segmented into electronics, pharmaceuticals and medical, chemicals and fertilizers, food and beverages, consumer goods and others.
Moisture Barrier Bags Market Country Level Analysis
North America leads the moisture barrier bags market because of the rapid technological developments in the packaging industry. Asia-Pacific is expected to expand at a significant growth of the over the forecast of 2021 to 2028 due to rise in population that interprets into strong demand for flexible packaging. China and India are likely to hold a relatively high share of revenue by the end of the forecast period.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as consumption volumes, production sites and volumes, import export analysis, price trend analysis, cost of raw materials, down-stream and upstream value chain analysis are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
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The major players covered in the moisture barrier bags market report are:
3M, Amcor plc, ProAmpac, FLEXOPACK SA, Ahlstrom-Munksjo Oyj, Mondi, Sonoco Products Company, Desco, Advantek, Billerudkorsns AB, Protective Packaging Corporation, IMPAK CORPORATION, Nordic Paper, Twin Rivers Paper Company, Dou Yee Enterprises Singapore, Action Circuits, ELECTROTEK STATIC CONTROLS PVT. LTD., STATICO, Maco PKG and Edco Supply Corporation among other domestic and global players.
Market share data is available for global, North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America separately. DBMR analysts understand competitive strengths and provide competitive analysis for each competitor separately.
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