A recent report published by Infinium Global Research on paper bags packaging market provides in-depth analysis of segments and sub-segments in the global as well as regional paper bags packaging market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional paper bags packaging market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global paper bags packaging market.
Paper bags packaging is a type of packaging that uses paper bags to contain and transport products, making it a popular choice for retail settings. Unlike plastic and metal packaging, paper bags offer several advantages. Firstly, paper is biodegradable, making it an eco-friendly option that helps reduce waste. Secondly, paper bags are cost-effective, as they are cheaper than other packaging materials. Additionally, paper bags can be made from recycled materials, making them a sustainable option for businesses looking to reduce their environmental impact. The versatility of paper bags allows for customization and branding, making them a popular choice for businesses looking to showcase their brand.
The increasing concern about the impact of plastic on the environment has led to a growing demand for sustainable packaging options, including paper bags. As more consumers become aware of the environmental consequences of plastic bags, they are choosing to use paper bags as an alternative. This has prompted manufacturers to shift towards sustainable packaging options, including paper bags, to meet the changing demands of consumers. Further, a ban on single-use plastics is expected to influence the market growth. Several countries and cities around the world have implemented bans or taxes on single-use plastic bags, which has led to an increase in demand for alternative packaging options like paper bags. This shift towards sustainable packaging options has created an opportunity for the paper bags packaging market to expand further. As more governments and consumers become aware of the negative impact of plastic on the environment, there is likely to be a continued demand for sustainable packaging options like paper bags. This is expected to drive the growth of the paper bag packaging market in the coming years. However, paper bags are not as durable as plastic bags and may tear or break easily, especially when carrying heavy items which is expected to hamper the market growth. Additionally, the growth of e-commerce has created a growth opportunity for the paper bag packaging market, as businesses look for sustainable packaging options for shipping their products.
The paper bag packaging market in North America is expected to experience steady growth due to the growing demand for sustainable packaging options. Many U.S. states and Canadian cities have imposed bans or taxes on single-use plastic bags, which has led to an increase in demand for paper bags as an alternative. The food and beverage industry is a significant contributor to the paper bag packaging market in this region. Europe is a mature market for paper bag packaging, with several countries imposing restrictions on single-use plastics. The growing awareness about the environmental impact of plastic waste has led to a significant shift towards sustainable packaging options like paper bags. The food and retail sectors are the major contributors to the paper bag packaging market in this region. The paper bag packaging market in the Asia Pacific is expected to grow rapidly due to the increasing demand for sustainable packaging options in countries like China and India. The rapid growth of e-commerce in the region has also created an opportunity for the paper bags packaging market, as businesses look for sustainable packaging options for shipping their products. The food and retail sectors are the major contributors to the paper bag packaging market in this region.
|Market Size in 2022||USD 3,784.23 Million|
|Market Size by 2030||USD 5,664.41 Million|
|Growth Rate from 2023 to 2030||CAGR of 4.59%|
|Largest Market||North America|
|No. of Pages||255|
|Market Segmentation||By Material Type, By Type, and By End-use Industry|
|Regional Scope||North America, Europe, Asia Pacific, and RoW|
The report on global paper bags packaging market covers segments such as material type, type, and end-use industry. On the basis of material type, the sub-markets include brown kraft, and white kraft. On the basis of type, the sub-markets include flat paper bag, sacks, and others. On the basis of end-use industry, the sub-markets include food & beverages, pharmaceutical, retail, construction, and chemicals.
The report provides profiles of the companies in the market such as Smurfit Kappa, WestRock Company, International Paper, Novolex, Mondi plc/AILU Group, DS Smith, Oji Holdings Corporation, Paperera de Girona S.A., Georgia-Pacific, and Adeera Packaging Pvt Ltd.
The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of the paper bags packaging market. Moreover, the study highlights current market trends and provides forecasts from 2023-2030. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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