Press release
Paper Bags Packaging Market 2018 Rising at 4.3% CAGR with Global Key Companies - National Paper Products Company, International Paper Company, WestRock Company, Hotpack Packaging Industries LLC, Smurfit Kappa Group PLC and Others
MarketResearchFuture.com added New Report Named “Paper Bags Packaging Market 2018: Global Industry Analysis, Market Growth and Opportunity Assessment, Segmentation by Product (Flat Paper Bag, Multi-wall Paper Sacks, and Others), by End-User (Food & Beverage, Pharmaceutical, Retail, Construction, Chemicals, and Others) and by Region | Outlook to 2023” to its Database.Global paper bags packaging market is expected to grow at a CAGR of 4.3% during the forecast period.
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Paper Bags Packaging Market - Overview
Paper Bags Packaging is a growing trend, leverage to the rising ecological and carbon foot print concerns currently. Besides being eco friendly, economical Paper Bags offer a sturdy and sustainable option for packaging solutions. With technological advancement, Paper Bags Packaging is demonstrating eloquence in customized packaging to meet the customer/ product specific demand, enhancing elegance of the product enclosed, offers weather-resistance to protect it from moisture, fog, frost. Paper Bags Packaging increases shelf life of fresh produces, protecting their freshness for longer hours. Due to all these qualities, Paper Bags packaging is gaining increasing popularity and Paper Bags Packaging market is gaining increasing traction on the global platform.
Accrediting the phenomenal accruals the Paper Bags Packaging Market is vibrating with currently and the potential growth prospect the market promises for the years to come; the Market Research Future recently published a meticulous study report giving out the complete market prognosis up till 2022. According to which the global Paper Bags Packaging Market is estimated perceive a momentous growth by 2022 registering an outstanding CAGR during the forecasted period (2016 – 2022).
The Global Paper Bags Packaging Market is predominantly driven by the awareness towards the advantages the Paper Bags Packaging offers such economical, eco-friendly, durable packaging solutions. Bourgeoning food and beverages industry coupled with Pharma, cosmetic, and Personal care industry, are fostering the Paper Bags Packaging Market size with equal contribution. Some other factors such as changing life style coupled with economical growth that defines the hiked up demand for Paper Packaging across industries that ultimately drives the Paper Bags Packaging Market growth pervasively. Technological advancements escorted the Paper Bags Packaging market to greater heights enhancing Paper Bags solution with more advance, sustainable, environment sustainable qualities which further expanded applications areas of Paper Bags Packaging making it vastly preferred fostered its market growth. Additionally, rising investments than ever made in innovation and growth coupled with stronger support from governments worldwide is further accelerating the growth momentum of the Paper Bags Packaging Market globally. Furthermore, the rising consumer awareness pertaining to the harmful effect of plastics on environment coupled with the various government and non-government initiatives to ban on plastic bags fuels the demand for paper bags packaging.
Key Players
DS Smith Plc., International Paper Company, WestRock Company, OJI Holding Corporation, Smurfit Kappa Group Plc., Georgia-Pacific LLC., INDEVCO, Holmen AB, and Hood Packaging Corporation are some of the prominent players at the forefront of competition in the Global Paper Bags Packaging Market and are profiled in MRFR Analysis.
Global Paper Bags Packaging Market– Competitive Analysis
Characterized by the presence of several well-established and small players, the global Market of Paper Bags Packaging appears to be highly competitive. Well established players incorporate acquisition, collaboration, partnership, expansion, and technology launch in order to gain competitive advantage in this market and to maintain their market position. Many of the Key players in the industry are expanding their existing production capacities in response to the increased demand for innovative and sustainable biopolymers by brands and consumers.
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Industry/ Innovation/ Related News:
Nov. 2017 – BEUMER Group in cooperation with Tentoma introduced a new technology called BEUMER bag-in-bag –film packaging protects paper bags from the environment. The impermeable film keeps dust from escaping from the filled bags, and it prevents product losses. The films have thicknesses of 30 to 100 microns, so material costs are low. The outer packaging in the paper bags does not require an intermediate layer made of PE, a fact which also cuts costs and increases filling performance. The new BEUMER bag-in-bag system quickly and reliably packs filled paper bags individually or in groups with a weather-resistant plastic film.
Nov. 2017 – Czech packaging producer Litobal has expanded its partnership with Mondi to grow business in the bread bag and shopping bag markets. Since 2001, the companies have been expanding their business in various paper-based packaging fields, including bread bag business. Litobal is using Mondi Speciality Kraft Paper’s white and brown machine glazed papers for its bread bags, as well as a range of machine finished brown and white grades for shopping bag production.
September. 2017 – Skog for Food launched in the North America. Skog for Food combines FSC-certified paper with double-sided coating, giving the bag the required barriers and sealing properties needed for f/f/s machines. Skog for Food represents a new paper-based food packaging option for brands that offers sustainable packaging benefits. According to Mondi Extrusion Coatings, Skog for Food saves up to 70% plastic while retaining all the required barrier properties
Paper Bags Packaging Market – Segmentations
Global Paper Bags Packaging Market is segmented in to 3Key dynamics for an easy grasp and enhanced understanding.
Segmentation by Product : Comprises - Flat Paper Bag, Multi-wall Paper Sacks / Paper Shipping Sacks, Twisted Paper Bags and other.
Segmentation by Application : Comprises Bakery & Confectionery, Dairy, Consumer Goods, Pharmaceutical and others
Segmentation by Region : Comprises - Geographical Regions.
Paper Bags Packaging Market – Regional Analysis
North America is the largest and fastest growing market for Paper Bags Packaging Market, followed by Europe & Asia pacific. Paper bag is one of the fastest growing segments in the paperboard industry in terms of value and production volume. Paper bags are made from Kraft paper or sack papers and have wide range of applications. Moreover, ban on the usage of plastic bags in the country and the demand of paper bags has fuelled the market in the US. The region has also seen various government initiatives to restrict the use of such plastic bags for paper bags packaging in developing nations which further widens the scope for such packaging in these nations.
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Product Analysis
• Product matrix which gives a detailed comparison of the market for different recycled product types
Additional Information
• Regulatory Landscape
• Pricing Analysis
• Macroeconomic Indicators
Geographic Analysis
• Geographical analysis across 15 countries
Company Information
• Profiling of 10 key market players
• In-depth analysis including SWOT analysis, and strategy information of related to report title
• Competitive landscape including emerging trends adopted by major companies
Brief TOC :
1. Executive Summary
2. Research Methodology
3. Market Dynamics
4. Global Market, By Packaging Type
5. Global Market, By Technology
6. Global Market, By Application
7. Global Market, By End-user
8. Regional Market Analysis
9. Competitive Analysis
10. Conclusion
11. List Of Tables
12. List Of Figures
About Market Research Future:
At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Services.
MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.
In order to stay updated with technology and work process of the industry, MRFR often plans & conducts meet with the industry experts and industrial visits for its research analyst members.
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