Moisture Barrier Bags - Global Market Outlook (2019-2027)
According to Stratistics MRC, the Global Moisture Barrier Bags Market is accounted for $1.28 billion in 2019 and is expected to reach $2.19 billion by 2027 growing at a CAGR of 6.9% during the forecast period. Some of the key factors propelling the market growth include growing demand from manufacturing sectors along with the growing need for flexible packaging solutions, high demand in commercial and domestic settings, growing environmental concerns associated with plastic, and innovations in compostable food packaging. However, high cost of moisture bag packaging is likely to hamper the market.
Moisture barrier bags are also known by Mylar bags and foil bags. These bags are designed to protect against oxygen, humidity, sprays, grease, and airborne contaminants. There are three types of moisture barrier bags: foil moisture barrier bags, kraft foil moisture barrier bags, and static shield moisture barrier bags. These bags are used for packaging SMDs in trays, shipping tubes, and reels. The moisture barrier bags are static, and offer maximum puncture resistance and withstand harshest vacuum packaging applications.
By end user, chemicals and fertilizers segment is anticipated to grow at the significant rate during the forecast period. Chemicals and fertilizers are packed in moisture barrier bags are made of plastics, such as polyethylene, polyester, and others. These materials offer excellent barrier properties for air and moisture that are needed for moisture barrier bags, but are not biodegradable.
On the basis of geography, North America is expected to have considerable market growth during the forecast period, due to increasing technological developments in the packaging industry in this region. The manufacturers in this region are involved in innovating and supplying new products such as static and anti-static moisture barrier bags for takeout and pharmaceutical purposes.
Some of the key players in moisture barrier bags market include Flexopack S.A., 3M, Billerudkorsns AB, Amcor PLC, ProAmpac LLC, Ahlstrom-Munksjo Oyj, Mondi PLC, Sonoco Products Company, Desco, Advantek, SCG Packaging Public Company Limited, Protective Packaging Corporation Inc., IMPAK Corp, Nordic Paper Holdings AB, Twin Rivers Paper Company LLC, Dou Yee Enterprises, Action Circuits (UK) Ltd, and Suzhou Star New Material Co., Ltd.
Product Types Covered:
• Poly Moisture Barrier Bags
• Volatile Inhibitors
• Static Shielding
• Vacuum Moisture Barrier Bags
• Foil Moisture Barrier Bags
• Mylar Bags
• Above 25 Kg
• 20 Kg to 25 Kg
• 15 Kg to 20 Kg
• 10 Kg to 15 Kg
• Up to 10 Kg
• Aluminum Foil
Package Types Covered:
• Gusseted Bags
• Flat Bags
End Users Covered:
• Pharmaceuticals & Medical
• Food & Beverages
• Chemicals & Fertilizers
• Consumer Goods
• North America
o Rest of Europe
• Asia Pacific
o New Zealand
o Rest of Asia Pacific
• South America
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o South Africa
o Rest of Middle East & Africa
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