India Paper Bags Market Size 2022-2027 (US$ 896.2 Million), CAGR (5.3%), Price Trends, Manufactures and Revenue Forecast

According to the latest report by IMARC Group, titled "India Paper Bags Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the launch of several policies by the government bodies for reducing the utilization of single-use plastics, owing to the rising environmental concerns, is among the primary factors driving the India paper bags market.

Year Considered to Estimate the Market Size:

• Base Year of the Analysis: 2021
• Historical Period: 2016-2021
• Forecast Period: 2022-2027

The India paper bags market size reached US$ 650 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 896.2 Million by 2027, exhibiting a growth rate (CAGR) of 5.3% during 2022-2027.

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Market Insight:

A paper bag refers to a flexible packaging product that is used by consumers to carry and store goods conveniently. It is usually manufactured using Kraft, recycled, and parchment paper and is processed through several mechanical and chemical methods to achieve a certain weight and color. Common types of paper bags include multiwall sacks, flat, and handled.

Compared to the plastic packs, they are durable, lightweight, recyclable, and highly customizable according to the precise requirement of the consumers. As a result, paper bags find widespread applications across various sectors, such as retail, food and beverage (F&B), pharmaceutical, construction, chemical, etc.

Current Trends & Future Predictions:

The expanding retail industry and the increasing consumer preference for biodegradable and eco-friendly packaging products are further augmenting the market growth.

Moreover, the escalating demand for durable goods and the establishment of shopping malls, complexes, and retail outlets in rural and urban areas are propelling the need for paper bags, which is also catalyzing the market across India. Apart from this, the development of products with increased efficiency, reliability, aesthetic appeal, and convenience by the leading manufacturers is acting as another significant growth-inducing factor.

Furthermore, the growing popularity of these packs, which are coated with food-grade liners for packaging edible products and keeping the contents fresh over an extended period, is expected to bolster the India paper bags market in the coming years.    

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India Paper Bags Market 2022-2027 Competitive Analysis and Segmentation:

Competitive Landscape with Key Players:

The competitive landscape of the India paper bags market has been studied in the report with the detailed profiles of the key players operating in the market.

Market Segmentation for the India Paper Bags Industry:

The report has segmented the India paper bags market on the basis of product type, material type, thickness, distribution channel, end use industry and region.

Based on Product Type:

• Sewn Open Mouth
• Pinched Bottom Open Mouth
• Pasted Valve
• Pasted Open Mouth
• Flat Bottom
• Others

Based on Material Type:

• Brown Kraft
• White Kraft

Based on Thickness:

• 1 Ply
• 2 Ply
• 3 Ply
• > 3 Ply

Based on Distribution Channel:

• Online
• Offline

Based on End Use Industry:

• Food and Beverages
• Pharmaceutical
• Retail
• Construction
• Chemicals
• Others

Regional Analysis:

• North India
• West and Central India
• South India
• East India

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Key Highlights of the Report:

• Market Performance (2016-2021)
• Market Outlook (2022-2027)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

In case you need any specific business requirements, you can mention the same. We can customize the report based on the specific needs of the client.

More Reports:

Green Packaging Market in India 2022-2027: https://www.imarcgroup.com/india-green-packaging-market

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