Press release
Global Paper Bag Market: Soaring from $6.14 billion in 2024 to $8.4 Billion in 2029
Paper Bag Market Size
What Is The Projected Market Size Of The Global Paper Bag Market And Its Growth Rate?
• The Paper Bag Market boomed from a substantial $6.14 billion in 2024 to $6.49 billion in 2025, with a notable CAGR of 5.8%.
• The historic expansion is largely credited to environment awareness and regulations, consumer lifestyle shifts, retail and packaging evolution, raw material availability and cost, and branding and social responsibilities.
• A massive escalation awaits with an expected surge to $8.4 billion by 2029 at a CAGR of 6.7%.
• The forecasted growth will be fueled by the circular economy, recycling infrastructure, eCommerce boost, packaging regulations, and rising consumer mindfulness.
What Is Driving The Growth In The Paper Bag Market?
The exponential growth of online food delivery services is pacing up the Paper Bag Market's expansion. Online food delivery refers to authorized food product delivery systems that utilize the adaptability and eco-friendliness of paper bags. Paper bags offer food services moisture resistance, heat retention, branding opportunities, presenting an environmentally conscious alternative to plastic bags. For instance, Zomato Ltd., an Indian food delivery company reported that its food delivery skyrocketed 124% in FY22 with 535 million fulfilled orders compared to FY21. Market growth of paper bags are following suit with increasing online food orders.
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Who Are the Key Players Driving Paper Bag Market Growth?
• International Paper Company
• WestRock Company
• Smurfit Kappa Group plc
• Oji Holdings Corporation
• Mondi plc
• Sonoco Products Company
• Visy Industries Pty Ltd
• Novolex Holdings LLC
• Genpak LLC
• Ronpak Inc.
What Are The Key Trends In The Paper Bag Market?
• Innovations in design and functionality in the paper bag market
• Technological advancements in manufacturing
• Emphasis on brand image and corporate social responsibility
• Emphasis on lightweight and durable materials
What Are The Segments Of The Global Paper Bag Market?
• By Type: Flat Bottom Bags, Pinched Bottom Bags, Sewn Open Mouth Bags, Pasted Valve Bags, Other Types
• By Material Type: Brown Kraft, White Kraft
• By Usage: Single Use, Reusable
• By Distribution Channel: Convenience Stores, Supermarkets Or Hypermarkets, Specialty Stores, E-Commerce, Other Distribution Channels
• By End-User: Food And Beverages, Pharmaceutical, Retail, Construction, Chemicals, Other End-Users
Which Region Leads The Paper Bag Market?
North America dominated the global paper bag market in 2024. However, Asia-Pacific is expected to emerge as the fastest-growing region in the forecast period. The report covers Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What Is Covered In The Paper Bag Market Global Market Report?
• Market Size Analysis: Analyze the Paper Bag Market size by key regions, countries, product types, and applications.
• Market Segmentation Analysis: Identify various subsegments within the Paper Bag Market for effective categorization.
• Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
• Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
• Market Contribution: Evaluate contributions of different segments to the overall Paper Bag Market growth.
• Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
• Industry Challenges: Analyze challenges and risks affecting the Paper Bag Market.
• Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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