openPR Logo
Press release

Paper Bags Packaging Market Global Industry Analysis, Development, Opportunities, Future Growth and Business Prospects by Forecast To 2030

01-04-2022 10:31 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: Market Research Future

Paper Bags Packaging Market

Paper Bags Packaging Market

Paper Bags Packaging Market Analysis

The global paper bags packaging market is anticipated to grow at a 4.3% CAGR in the forecast period (2022- 2030), states the current Market Research Future (MRFR) report. Paper bags packaging, simply put, are a form of packaging converted out of flexible paper sheets for being used across industries. They are made from Kraft paper or sack paper and have extensive applications. These bags offer a sustainable option to customers to easily carry their purchase home. Paper bags are lightweight, durable, and customizable to meet products and also the specific demand of customers and come in different types such as bags with handles, flat paper bags, multiwall paper sacks, and others. They have wide applications in different industries such as chemicals, construction, retail, pharmaceutical, food and beverage, and others.

Enhancing Features that Bolster Market Growth

According to the MRFR report, there are numerous factors that are propelling the paper bags packaging market growth. Some of these entail increasing consumption of processed and packaged food, growing concerns about the safety of marine animals and the environment, consumers’ rising awareness about the threats posed by plastic waste disposal on the environment, paper bags being a cheaper and safer alternative to plastic shopping bags, rise in shopping malls, super markets/hypermarkets, modern lifestyle, rising preference for doorstep delivery, growth in the retail sector, various supportive government initiatives, and growing awareness of the benefits of paper bags such as easily recyclable, easy to use, easy to form, and cost effective. The additional factors adding market growth include its wide applications in different end use industries such as cosmetics, home care products, personal use, foods, confectionary, stationary, pharmaceuticals, and customer goods.

Get Free Sample PDF Brochure:

https://www.marketresearchfuture.com/sample_request/2039

On the contrary, fluctuating raw material costs may impede the global paper bags packaging market growth over the forecast period.

COVID-19 Analysis

The ongoing COVID-19 pandemic has hugely impacted key end users of paper bags like beverages, food, and retail, among others. Thus the paper bags packaging market is experiencing a fall in demand. Further, the manufacturing of products was impeded owing to lockdowns and social distancing leading to decline in the market growth. Besides, overall supply chain disruptions, difficulty to source raw material owing to restrictions on transport, and unavailability of labors have caused hindrances in the market growth.

Market Segmentation

The MRFR report highlights on an inclusive analysis of the paper bags packaging market based on application and product.

By product, the paper bags packaging market is segmented into multi-wall paper sacks, flat paper bag, and others. Of these, the multi-wall paper sacks segment will lead the market over the forecast period.

By application, the global paper bags packaging market is segmented into chemicals, construction, retail, pharmaceutical, food and beverage, and others. Of these, the retail segment will dominate the market over the forecast period.

Browse In-depth Market Research Report (100 pages) on Paper Bags Packaging Market

https://www.marketresearchfuture.com/reports/paper-bags-packaging-market-2039

Regional Takeaway

North America to Remain Forerunner in Paper Bags Packaging Market

Geographically, the global paper bags packaging market is bifurcated into Europe, North America, the Asia Pacific, and Rest of the World (RoW). Among these, North America will remain the forerunner in the market over the forecast period. Growing need for packaged food, growing preference for hygienic packaging, high growth in the pharmaceutical industry, growing concerns related to environmental damage caused by plastic wastage, and surging sales recorded through retail sectors, super markets, and hypermarkets are adding to the global paper bags packaging market growth in the region. The US holds the utmost market share.

Europe to Hold Second-Largest Share in Paper Bags Packaging Market

In Europe, the global paper bags packaging market is predicted to hold the second-largest share over the forecast period. Innovations and developments of the personal care, beauty products, and hygiene, rising focus on sustainability, increased demand for consumer-friendly products that are easily transportable and lightweight, and growing demand from the expanding food and beverage, and retail industries in Spain, Germany, and France are adding to the global paper bags packaging market growth in the region. Germany holds the utmost market share.

Speak to Analyst @ https://www.marketresearchfuture.com/ask_for_schedule_call/2039

APAC to Have Promising Growth in Paper Bags Packaging Market

In the APAC region, the global paper bags packaging market is predicted to have promising growth over the forecast period. Booming packaging industry, growing industrial development, increasing urban population in developing countries, rapid growth in industrial development and urbanization in China, easy available labors, abundance availability of raw materials, expanding retail and agricultural industries in India and China, the growing demand for sustainable and affordable packaging solutions, and rapid modernization are adding to the global paper bags packaging market growth in the region. Indonesia, Australia, India, Japan, and China hold the utmost market share.

In RoW, the global paper bags packaging market is predicted to have sound growth over the forecast period.

Key Players

The leading players profiled in the global paper bags packaging market report include Hood Packaging Corporation (Canada), Paper Sacks Factory (UAE), Novolex (U.S.), United Bags, Inc. (U.S.), Holmen Group (Sweden), Georgia-Pacific LLC. (U.S.), OJI Holding Corporation (Japan), WestRock Company (U.S.), DS Smith Plc. (U.K.), Ronpak (U.S.), B&H Bag Company (U.S.), Smurfit Kappa Group PLC. (Ireland), International Paper Company (US), Hotpack Packaging Industries LLC (Dubai), and National Paper Products Company (Saudi Arabia), among others.

The global paper bags packaging market is fragmented and also competitive with the presence of many domestic as well as international industry players. They have incorporated assorted strategies to stay at the forefront and also cater to the surging needs of the customers, including collaborations, partnerships, contracts, geographic expansions, new product launches, joint ventures, and more. Additionally, these players are also making heavy investments in research and development activities for strengthening their portfolios and also creating a hold in the market.

Request for Customization @ https://www.marketresearchfuture.com/ask_for_customize/2039

Industry Updates

April 2021- Huhtamaki has acquired leading manufacturer of folding carton packaging, wraps, and paper bags in China.

April 2021- Woolworths has launched Australian made paper bags in WA, Tasmania, and Victoria.
April 2021- Alvaro Moreno, a Spanish fashion retailer has joined hands with paper and packaging producer Mondi to change its shopping, gift, and online delivery bags from plastic to paper with an aim to reduce plastic consumption by about 90 tonnes per year.

Browse Related Reports:

Confectionery Packaging Market - https://www.marketresearchfuture.com/reports/confectionery-packaging-market-1502

Converted Flexible Packaging Market - https://www.marketresearchfuture.com/reports/converted-flexible-packaging-market-2374

Corrugated and Paperboard Boxes Market - https://www.marketresearchfuture.com/reports/corrugated-paperboard-boxes-market-1643

Corrugated Boxes Market - https://www.marketresearchfuture.com/reports/corrugated-boxes-market-4179

Corrugated Handle Box Market - https://www.marketresearchfuture.com/reports/corrugated-handle-box-market-8696

Corrugated Packaging Market - https://www.marketresearchfuture.com/reports/corrugated-packaging-market-1205

Cosmetic Bottle Packaging Market - https://www.marketresearchfuture.com/reports/cosmetic-bottle-packaging-market-5133

Cosmetic Packaging Market - https://www.marketresearchfuture.com/reports/cosmetic-packaging-market-1778

Contact:

Market Research Future®

99 Hudson Street,5Th Floor

New York, New York 10013

United States of America

Phone:

+1 628 258 0071(US)

+44 2035 002 764(UK)

Email: sales@marketresearchfuture.com

Website: https://www.marketresearchfuture.com

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 Components, Application, Logistics 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.

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Paper Bags Packaging Market Global Industry Analysis, Development, Opportunities, Future Growth and Business Prospects by Forecast To 2030 here

News-ID: 2516477 • Views: 765

More Releases from Market Research Future

Feed Acidulants Market: Top Suppliers, Business Development Market and Forecast …
Feed Acidulants Market-Overview The escalation in animal feed demand due to increased livestock rearing is estimated to boost the feed acidulants market. The agriculture reports are made by Market Research Future, which includes market choices for advance. A promising CAGR is estimated to promote the global market in the coming period. The raised intake of animal-based products is predicted to add momentum to the feed acidulants industry share in the forthcoming period.
Consumption of Organically Grown Crops to Benefit Global Biorational Pesticides …
Biorational pesticides are materials which causes minimal to zero harm to humans, animals, and the surrounding environment. These pesticides can contain organisms or formulations derived from biological entities. The global biorational pesticides market report by Market Research Future (MRFR) contains insights on growth enablers, opportunities, restraints, and challenges to be faced by the industry for the period of 2018 to 2023 (forecast period). The outbreak of the COVID-19 virus and
Bicycle Apparels and Accessories Market To Benefit From Healthy Lifestyle Adopti …
Bicycle Apparels & Accessories Market-Overview Increased engagement in outdoor activities and increased knowledge of the benefits of these activities on a child's health have driven the global cycling apparels and accessories market in recent years. According to Market Research Future, the market will gain a CAGR of 5.05% and reach a value of USD 9,529.1 million by 2027. The global bicycle apparels and accessories market grew due to increased participation in outdoor
Are Wireless Phone Chargers the Perfect Alternatives to their Wired Counterparts …
Introduction to Wireless Phone Charging Wireless phone charging is currently all the rage worldwide, given its ability to deliver energy from a single power source to the phone without requiring wires or any connections. The charging station gives out energy, on the other hand, a receiver (in this case, the phone) takes in the energy to charge the battery. To charge phones, wireless charging is one of the most convenient, safe

All 5 Releases


More Releases for Packaging

Packaging Robots : Robots that Make Packaging Easier
Packaging robots are robotics system used for packaging purposes and reduce labor cost and package time. These packaging robots are flexible and can easily integrate into workspace. Packaging robots are type of industrial robots are used for packaging applications in manufacturing facilities for operations such as filling, primary packaging, placing, picking, palletizing, and de-palletizing. Packaging robots provide a variety of benefits including reduced part package time, labor cost reduction, and
Sugar Packaging Market
Global Sugar Packaging Market: An Overview Sugar packaging is done in a variety of formats, both in bulk and retail. There are a number of products available in the market for sugar packaging. The sugar packaging market is witnessing a tremendous shift in preference for flexible packaging formats. Manufacturers of sugar packaging are also incorporating technologies, such as QR codes. The advent of modern high quality printable packaging formats has led
Personalized Packaging Market 2025 | Design Packaging, Inc., PrimeLine Packaging …
As per the new market report published by Research Report Insights titled ‘Personalized Packaging Market’: Global Industry Analysis and Forecast 2017-2025’, global personalized packaging market attained a value worth US$ 25,577.9 Mn in 2017 and will possibly thrive at a promising CAGR of 5.1% over the forecast period (2017-2025). The global personalized packaging market has witnessed solid growth during the past few decades, owing to the increasing trend of luxury
Flexible Green Packaging Market Report 2018: Segmentation by Product (Reusable P …
Global Flexible Green Packaging market research report provides company profile for Tetra Laval, Wipak Group, Clondalkin Group Holdings, Ukrplastic, Ampac Holdings, Reynolds Group, Amcor, Sealed Air, Mondi, DuPont and Others. This market study includes data about consumer perspective, comprehensive analysis, statistics, market share, company performances (Stocks), historical analysis 2012 to 2017, market forecast 2018 to 2025 in terms of volume, revenue, YOY growth rate, and CAGR for the year 2018
2018-2021 Honeycomb Packaging : Global Packaging Market
Press Release - 08 May2018 Global Research and Development News -- . . "Global Honeycomb Packaging Market 2017-2021" with coming years Industries Trends, projections of Global Growth, Major key player and Case study, Review, Share, Size, Effect. ' ' Honeycomb packaging is a type of protective packaging used for protecting products during transportation and handling. This packaging is generally made from either plastic or paperboard. Honeycomb packaging can be used as edge protectors, die-cuts,
Food Packaging Materials Manufacturers | Flexible Packaging | Suppliers
Find here Food Packaging Materials, Manufacturers and Food Packaging Suppliers. Shrinath Rotopack is India's largest global flexible Packaging company. They Manufacture Bags such as Coffee Bags, Ziplock Bags, Stand up Pouches and Assorted Bags. Shrinath Rotopack Private Limited is the Shree Group’s flagship company based in Hyderabad, India. With an experience of over two decades in the plastic industry and with the growing demand in the Indian market for flexible