The Dunnage paper bag market is expected to have a CAGR of 5.0% during
According to Precision Business Insights (PBI), latest report, Dunnage paper bag market is expected to have a CAGR of 5.0% during the forecast period 2022 to 2028. There are several reasons driving the global paper bag market revenue Dunnage. . The use of paper bags in the food sector is triggered by an increase in demand for packaged food. Manufacturers are moving towards using environmentally friendly packaging materials due to concerns about health issues from artificial chemicals used in production that people are increasingly aware of.
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Food Industry Segment to Dominate the Dunnage Paper Bag Market:
The food industry segment and is expected to grow in the expected years. Dunnage paper bags are in high demand in the food industry, especially for packaged food products. When it comes to preventing the transmission of gases and water vapor, dunnage paper bags provide a considerably superior barrier to the metal cans often used in packaged foods. This procedure helps prevent oxidation reactions that accelerate the deterioration of dry goods, leading to better and longer shelf life while preserving food quality and flavor.
North America Dunnage Paper Bag Market
Due to the growing demand from the transportation and food industries, the North American market is expected to hold the largest share in the global Dunnage paper bag market. The consumption of paper bags among end users has been boosted in this region by growing consumer awareness of environmentally friendly products. The North American market is expected to dominate the global paper dunnage bag market in the coming years owing to favorable government policies for the use of bio-based products that encourage packaging manufacturers to adopt disposable items such as paper rather than synthetic materials, including polymeric materials.
Strategic new product launches, mergers, acquisitions, and agreements are the major strategies adopted by market players:
Global Dunnage Paper Sack Market further reveals that key players are increasingly adopting strategies such as new product launches, product launches, and long-term alliances to enhance market revenue share and acquire a significant geographic presence in the region. For example, in February 2022, Scholle IPN will acquire SIG as announced by Scholle IPN, Creating a Leading Packaging Company
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The Dunnage paper bag market is segmented on the basis of type, application, and geography.
Based on Type, the market is segmented as follows:
• Below 2 ply
• 2-4 ply
• 5-7 ply
• Above 7 ply
Based on Application, the market is segmented as follows:
• Food industry
• Transport industry
Based on geography, the market is segmented as follows:
• North America
• Latin America
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Key Player Profiles of Dunnage Paper Bag Market report are Cordstrap BV, Green Label Packaging, Atmet Group Inc, Stopak India Pvt. Ltd., Shippers Products, Shipper Europe Sprl, Bates Cargo-Pak APS, Litco International, Inc, Cargo Tuff LLC, Bulk-Pack, Inc, Etap Packaging International GmbH, International Dunnage AS, Plastix USA LLC, Tianjin Zerpo Supply Co. Ltd . , Atlas Dunnage, Guangzhou Packbest Air Packaging Co. Ltd., Phoebese In
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