Page 61 - Plastics News Issue November - 2024
P. 61
PRODUCT NEWS
Due to the growing awareness about the envi- er carbon footprint, encouraging industries
ronmental impact of plastic waste, many pack- to use reusable packaging solutions. Manu-
aging manufacturers are investing heavily in facturers are focusing on developing pack-
packaging recycling technologies to minimize aging using recycled and sustainable materi-
waste. Implementing artificial intelligence (AI) als, thus contributing to market growth. In
technologies helps accelerate the packaging addition, the demand for safe and hygienic
process, from manufacturing to disposal. AI also packaging is rising in the pharmaceutical,
helps appropriately dispose of packaging waste. healthcare, and food and beverage indus-
Rising investments in research and development tries, thereby propelling the market.
to produce advanced technologies that reduce
material usage and improve bag strength and Why Towards Packaging for Plastic Bag Indus-
production further fuel the market growth. Multi- try Report?
layer structures and barrier coating help improve ♦ Comprehensive Insights: Gain access to in-
plastic bag performance, making them suitable depth analyses covering market trends,
for use across various sectors. competitive landscapes, and growth oppor-
tunities tailored specifically for the plastic
Major Trends in the Plastic Bag Market
bag industry.
♦ Rising demand for sustainable packaging
solutions: With the rapid shift toward sus- ♦ Expert Research Team: Benefit from the
tainable solutions and increased concerns expertise of a dedicated team of analysts
about plastic packaging waste, the demand with extensive knowledge and experience in
for compostable and biodegradable plastic plastic bag market dynamics and emerging
bags is rising. These bags decompose quick- technologies.
ly with less damage to the environment than ♦ Data-driven Decisions: Leverage our meticu-
conventional plastic bags. In addition, many lously gathered data and insights to make
manufacturers are utilizing recycled post- informed strategic decisions and drive busi-
consumer resin in the production of plastic ness growth in a rapidly evolving market.
bags, which minimizes waste, reduces the
dependency on virgin plastic, and makes the ♦ Customizable Reports: Enjoy tailored re-
bags more appealing to the consumer. search solutions that meet your unique busi-
ness needs, providing relevant insights for
♦ High adoption of flexible packaging: The your specific market segment.
adoption of flexible and convenient pack-
aging solutions is rising, which impacts the ♦ Global Perspective: Explore plastic bag mar-
market. Flexible packaging is suitable for a ket trends across various regions, allow-
wide range of products, such as personal ing you to understand local dynamics while
care, food, and household items, due to its strategizing for global expansion.
versatility, flexibility, and lightweight nature. ♦ Competitive Landscape & Major Break-
♦ Strict regulations on single-use packaging: throughs in the Plastic Bag Market
Various countries have imposed regulations ♦ The plastic bag market continues to evolve
to minimize single-use plastic usage and low- rapidly, with a large number of players op-
November 2024 PLASTICS NEWS 61
