Market Trends of Heavy Duty Paper and Multiwall Shipping Sack Industry
This section covers the major market trends shaping the Heavy Duty Paper & Multiwall Shipping Sack Market according to our research experts:
Food Industry to Hold Significant Market Share
- Multiwall Shipping Sacks are used to packaging a wide variety of food, agricultural building materials, and are cost-efficient options for shippers that offer a better degree of customization. They can be designed to meet exact requirements and provide the highest degree of product quality protection, which is a critical requirement in the food industry, at the lowest cost that meets normal handling, shipping, and service requirements.
- According to Paper Shipping Sack Manufacturers' Association (PSSMA), paper shipping sack and customer sack used in the food business raised billions of dollars in the industry. An increase in the demand for quick-service eateries amongst the urban youth and the government guidelines that forced plastic elimination is likewise widely increasing the production of paper shipping sack market majorly in the food and beverage industry.
- The United Nations predicts that by 2050, two-thirds of the world's people will live in cities. The rural population's trend continues to migrate to urban areas is reinforcing various patterns, such as fast-paced life, use of packaged and frozen foods, fast food, delivery, and takeaway. These patterns are expected to impact the market during the forecast period.
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Europe Occupy Significant Market Share
- Europe has been facing considerable societal and regulatory pressures to adopt sustainable forms of packaging. This has led to the faster adoption of heavy-duty paper and multiwall shipping sack packaging in the region. In Europe, both companies and governments have set ambitious sustainability targets.
- The European Commission has proposed a ban on single-use plastic products, like cotton buds and plastic straws, to clean up waste. Further, countries like Germany have introduced strict laws for the use of sustainable materials in packaging. European manufacturers face many legal requirements regarding the protection and hygiene of the stored food.
- In June 2020, to support manufacturers in meeting all regulations and providing the necessary information for food contact compliance to the food producer, the European Paper Sack Research Group (ESG), a collaboration between EUROSAC and CEPI Eurokraft, launched an update of their food contact guideline for paper packaging.
- Further, in Feb 2020, a group of paper and fiber-based food and foodservice packaging manufacturers have launched the European Paper Packaging Alliance (EPPA). This alliance aims to find concrete solutions to recycling and reduce carbon emissions of food and foodservice packaging without compromising food safety and human health protection.
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