Press release
Paper Bags Market is expected to reach US$ 7.3 Bn by 2030, expanding at a CAGR of 4.1%
Paper Bags Market
Due to their intrinsic properties they also are considered eco-friendlier than plastic alternatives. Use of paper bags has been consistently rising across industries such as agriculture, construction, and others. Spurred by this, the market for paper bags is forecast to exhibit a CAGR of 4.1% CAGR between 2020 and 2030.
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As paper bags are non-reactive, they are being widely used in packaging of food, beverages, and various high-end products. Expansion of these sectors will therefore bode well for the overall market.
FMI's report offers an exhaustive overview of the paper bags market. It covers information on the market's growth potential, growth drivers and restraints.
Some of the key takeaways from the report are highlighted below-
• Sales of pinched bottom open mouth paper bags will continue to surge
• Brown kraft will remain the preferred material for making paper bags
• Paper bags with thickness
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