Paper Bag Market Trends, Size, Demand, Drivers, Industry Scope and Opportunities by 2025 – The Manomet Current
According to the latest IMARC Group report, entitled âPaper Bags Market: Global Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2020-2025“, the Global paper bags market increased at a CAGR of around 6% during the period 2014-2019. Looking ahead, IMARC Group expects the global market to continue its moderate growth in 2020-2025. A paper bag is a packaging product used to conveniently store and transport goods by consumers. It is made from recycled paper, kraft and parchment by treating it through several mechanical and chemical processes until it reaches a specific color and weight. There are different types of paper bags, such as multi-wall paper bags, flat paper bags, and handle bags, available in the market. Nowadays, paper bags are gaining ground around the world because they are more durable in nature than plastic bags.
Like the new coronavirus (COVID-19[FEMALE)[FEMININE) as the crisis takes hold of the world, we are constantly monitoring changes in the markets, as well as the purchasing behaviors of consumers around the world – our estimates on the latest market trends and forecast values ââafter considering the impact of this pandemic. These observations will be incorporated into the report.
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The intensive use of paper bags by the retail industry is the major factor catalyzing the growth of the paper bags market. Apart from this, growing environmental concerns act as another major driver of growth. With this in mind, governments in various countries have banned plastic bags and are encouraging the use of paper bags as they are made from biodegradable materials that cause negligible amount of environmental pollution. As a result, various food stores, shopping malls and complexes are adopting the paper bags. In addition, with the growing demand, several leading players are continually innovating to improve the design and manufacturing process. They have also designed a line of heavy-duty paper bags for the construction industry and coated paper bags for wrapping edibles with food grade liners, which keep contents fresh for a long time. These advances are expected to have a positive impact on the industry in the years to come.
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Competitive analysis and segmentation of the paper bags market:
Competitive landscape with key players:
The competitive landscape of the Paper Bags market has been studied in the report along with the detailed profiles of the major players operating in the market.
Some of these key players include:
- American packaging company
- Kent paper and packaging supplies
- International paper
- Paperbags Ltd.
- Gilchrist Sac Manufacturing LLC
- Novolex Holdings LLC
- Grupo Consist SA
- B&H bag company
- Smurfit Kappa Group
Key market segmentation:
The report has segmented the global paper bags market on the basis of region, product type, material type, thickness, distribution channel, and end-use industry.
Breakdown by product type:
- Sewn open mouth
- Open mouth with pinched bottom
- Glued valve
- Glued open mouth
- Flat bottom
Breakdown by type of material:
Distribution by thickness:
- 1 fold
- 2 folds
- 3 folds
- > 3 folds
Breakdown by distribution channel:
Breakdown by end-use industry:
- Food and drinks
- Chemical products
Breakdown by region:
- North America
- Asia Pacific
- Latin America
- Middle East and Africa
Highlights of the report:
- Market performance (2015-2020)
- Market Outlook (2021-2026)
- Porter’s Five Forces Analysis
- Market drivers and success factors
- SWOT analysis
- The impact of COVID-19 on the global market
- Value chain analysis
- Global market structure
- Complete mapping of the competitive landscape
If you need specific information that is not currently within the scope of the report, we will provide it to you as part of the customization.
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