“Paper Bags Packaging Market” to Witness Highest Growth by 2022

Global Paper Bags Packaging Market Information, By Product (Flat Paper Bag, Multi-wall Paper Sacks / Paper Shipping Sacks, Twisted Paper Bags and others), By Application (Bakery & Confectionery, Dairy, Consumer Goods, Pharmaceutical and others) and Region - Forecast to 2022

Market Synopsis of Paper Bags Packaging Market

Paper bags are made up from thick paper based material which is used for wrapping & packing of products. It can be easily shaped & is light weight in nature as compared to other packaging material such as glass, wood and others. The paper bags come in different shapes and size and it is profitable investment because of disposable nature.

Paper packaging is the most eco-friendly and economic packaging material and these advantages drive the market of paper bags. Additionally, the rising consumer awareness regarding the harmful effect of plastics on environment fuels the demand for paper bags packaging. Furthermore the various government and non-government initiatives to ban on plastic bags have proved to be an opportunity for the growth of the market.

The Global Paper Bags Packaging Market size was valued at around USD XX in 2015 and is expected to cross USD XX at CAGR of XX% by 2022.

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Regional Analysis of Global Paper Bags Packaging Market

North America is the largest and fastest growing market for Paper Bags Packaging Market, followed by Europe & Asia pacific. Paper bag is one of the fastest growing segments in the paperboard industry in terms of value and production volume. Paper bags are made from Kraft paper or sack papers and have wide range of applications. Moreover, ban on the usage of plastic bags in the country and the demand of paper bags has fuelled the market in the US. The region has also seen various government initiatives to restrict the use of such plastic bags for paper bags packaging in developing nations which further widens the scope for such packaging in these nations.

Key Players

The major player operating in the market of paper packaging market are DS Smith Plc., International Paper Company, WestRock Company, OJI Holding Corporation, Smurfit Kappa Group Plc., Georgia-Pacific LLC., INDEVCO, Holmen AB, and Hood Packaging Corporation.

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The report for Global Paper Bags Packaging Market of Market Research Future comprises of extensive primary research along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain the deeper insight of the market and industry performance. The report gives the clear picture of current market scenario which includes historical and projected market size in terms of value and volume, technological advancement, macro economical and governing factors in the market. The report provides details information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

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