Europe Paper Bags Market to Reach Expected Growth of CAGR 5.0% by 2030 Industry Trends and Growth Analysis

Data Bridge Market Research in its report titled of Europe Paper Bags Market offers comprehensive insights and detailed research on this market. The report covers the key factors that are propelling the growth of the Europe Paper Bags market, untapped lucrative opportunities for manufacturers, latest trends and latest developments that are shaping the growth of the market and other valuable insights across different market segments.

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Europe Paper Bags Market Analysis and Insights

The Europe paper bags market is expected to gain significant growth in the forecast period of 2023 to 2030. Data Bridge Market Research analyses that the market is growing with a CAGR of 5.0% in the forecast period of 2023 to 2030 and is expected to reach USD 2,397.82 million by 2030.

Paper products are now also used for the packaging of the heavy consumer powered product such as flour and sugar and also used for the packaging of the animal feed which can be transported from one place to another without any damage in transit as paper bags have come with the multiple layer bags and fiber sheets which provide strength to the paper bags for handling heavy load. Paper and paperboard packaging for food can be found in many places, such as supermarkets, traditional markets and retail stores, mail order, fast dispensing machines, food, pharmacies and in hospital. Paper bags acquire barrier properties and extended functional performance such as heat sealability for leak-proof liquid packaging in the food and beverage sector.

Paper bags are made up of the paper which are made from the wood pulp from tress. Kraft paper and initation kraft paper are the most common papers used in manufacturing of the paper bags. Paper bags are commonly used as shopping bags, packaging, and sacks. Paper bags have also come in the multi-walls which provide strength to store and transport food and beverage and animal feed products. For handling of the load paper bags also have twisted or flat handle for handling goods. Paper bags are highly used in the retail sector for carrying shopping items.

Europe Paper Bags Market Dynamics
This section deals with understanding the market drivers, opportunities, restraints, and challenges. All of this is discussed in detail below:

Drivers

Increasing Preference for Eco-Friendly and Biodegradable Products for Packaging
Packaging play an important role as paper bag packaging in food packaging, protect foods against physical, chemical and environmental factors that could possibly contaminate all of the food if not packaged correctly. Different type of packaging is used for the different type of product. The demand for the eco-friendly and biodegradable product for packaging is increasing because eco-friendly and biodegradable product are low cost production and can be reuse, recycled which lower the production of waste in the region. For the purpose of packaging several manufactures more prefer the paper bags packaging as packaging process are cost effective and produce less toxic in nature.

Increasing Number of Shopping Malls and Super Markets in Retail Sector
Retail sector is part of economy where the several types of business are selling the good to the customers. In the Europe demand for the food and beverages, consumer products are increasing on higher rate which leads to the opening of new shopping malls and super market in the several countries. In the retail sector demand for the cosmetic, pharmaceutical products is increasing which have the positive impact on the demand of the paper bags in the retail sector.

Increasing Demand for Lightweight and Easily Transportable Paper Bags Packaging
Several companies such as Mondi Group Plc, Amcor Plc, DS Smith Plc, and others have now using the paper packaging for the packing of the product. As paper bags are available in different shapes and sizes due to which can be used in any application includes cake shops, textiles showroom, grocery stores, and others. The paper bags also have the multiple layers of paper which help in storing and transportation of the food and beverage goods from one place to another. The paper bags are low cost and can be decomposing easily which help the manufactures in increasing their revenue.

Opportunities

Increasing awareness towards social issues and rising usage of bio-based products
Several types of packaging are used in different applications which results in the production of the waste which are very harmful to the environment. Plastic packaging are used for the food and beverage, cosmetics and consumer goods which produce the non-biodegradable as on decomposing of the plastic packaging waste releases the toxic gases in the soil which is dangerous for the animal and ground water. So steps have been taken for the banning of the plastic bags packaging as it is harmful for the environment.

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