MONTREAL, May 25, 2023 (GLOBE NEWSWIRE) -- Data Bridge Market Research has unveiled a new report called "Paper Bags Market" which provides an in-depth exploration of growth strategies, drivers, opportunities, key segments, Porter's Five Forces analysis, and the competitive landscape. The global Paper Bags market survey report intensely analyses the potential of the market with respect to the current scenario and the future prospects by considering several industry aspects of the Paper Bags industry. The most up-to-date market insights and analysis performed in this business report brings the marketplace clearly into focus. This market research study analyzes the market status, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors. This market report highlights key market dynamics, the current market scenario, and future prospects of the Paper Bags industry. Paper Bags market research report is generated with a nice blend of industry insight, talent solutions, practical solutions, and use of technology to advance user experience.
An influential Paper Bags market report includes all the studies and estimations that are involved in the method of standard market research analysis. This market study provides an examination of various market segments that are relied upon to observe the fastest development amid the estimated forecast frame. Proficient capabilities and excellent resources in research, data collection, development, consulting, evaluation, compliance, and regulatory services come together to generate this world-class market research report. The report suits business requirements in many ways and also assists in informed decision-making and smart working. Paper Bags market research report is sure to help businesses for informed and better decisions thereby managing the marketing of goods and services.
Data Bridge Market Research analyses that the paper bags market is expected to reach USD 9.27 billion by 2030, which was USD 5.90 billion in 2022, registering a CAGR of 5.80% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
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A paper bag is a consumer packaging product to carry and store goods conveniently. It is generally manufactured using recycled, Multiwall paper sacks, flat paper and handled bags are some of the major types of paper bags available in the market. Compared to plastic bags, these bags are lightweight, recyclable, durable and highly customizable as per the consumers' specific requirements.
The global paper bag market has been growing steadily over the forecast period due to growing demand for easy and customizable carriers things. Furthermore, due to increasing environmental concerns and growing water pollution caused by plastics globally, the United Nations Environment Program began a campaign in Europe to increase awareness regarding the disadvantages of using micro-plastics and escaping excessive use. This campaign helps to increase the demand for paper bags in the market because they are recyclable, environmentally degradable, and reusable, making them better than plastic bags.
Recent Developments:
- In 2022, Saudi's Yanbu acquired shares of Kuwait's Shuaiba Industrial Co for SAR 32.3 million (USD 8.6 million) in its unit Yanbu Saudi Kuwaiti Paper Products Co. According to a bourse filing, the transaction allowed the transfer of around 40% stake in the paper producer to Yanbu Cement which is making it the full owner of the former,
- In 2021, Taurus Packaging and Mondi created a fit-for-purpose reusable shopping bag that can easily carry groceries and fulfilled the demanding Southern African retail marketplace requirement. Mondi's Advantage Kraft Plus makes this paper bag a better alternative in a market where plastic bags are conventionally used.
The most prominent players in the Paper Bags market include.
- WestRock Company (U.S.)
- Smurfit Kappa (Ireland)
- International Paper (U.S.)
- Novolex (U.S.)
- NOVPLASTA CZ, s.r.o (Czechia)
- Burgass Carrier Bags (U.S.)
- Mondi (U.K.)
- CEE R.SCHISLER (France)
- Conitex Sonoco (U.S.)
- Paperera de Girona S.A. LC Paper Group (Spain)
- Hotpack Packaging Industries L.L.C. (U.A.E)
- Ronpak (U.S.)
- DS Smith (U.K.)
- Goodwin Robbins Packaging Company Inc (U.S.)
- Oji Holdings Corporation (Japan)
- Georgia-Pacific L.L.C. (U.S.)
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At Data Bridge Market Research, we employ a comprehensive and iterative research methodology aimed at minimizing deviations to provide the most accurate estimates and forecasts possible. Our approach involves utilizing both bottom-up and top-down methods to segment and estimate the quantitative aspects of the market. Furthermore, a recurring theme across all our research reports is data triangulation, which examines the market from three distinct perspectives.
To derive our market estimates and forecasts, we employ simulation models that are tailored for each study. We gather information on market dynamics, technology landscape, application development, and pricing trends, which are then fed into the model and analyzed simultaneously. We compare these factors and quantify their impact on the forecast period using correlation, regression, and time series analysis. Our market forecasting is performed using a combination of economic tools, technological analysis, and our team's industry experience and domain expertise.
Opportunities for Key Players:
- Growing focus of major players on the innovation of products
Major players are highly investing in the innovation of products to provide improvised and innovative products to deal with consumers' demand to compete with the current competitors and rival products. The major players in the paper bags market have introduced many different types of paper bags with premium texture and aesthetic appeal. These premium paper bags are used for different purposes, such as preparing beauty products packages and gift hampers. Therefore, innovation in the paper bags market by major market players is expected to create lucrative opportunities for market growth during the forecast period.
- The increasing popularity of smart paper bags
The growing popularity of smart paper bags is also raising the growth of the paper bags market. The demand for smart paper bags is growing because of the increasing requirement for modern packaging applications such as clinical monitoring. It progresses in printed electronics innovation, leading to the advancement in smart packaging. Furthermore, smart paper bags allow merchants to track the package all over the delivery cycle, as they give customers product data using Q.R. codes for clients. Therefore, the growing popularity of smart paper bags will create ample opportunities for market growth.
Key Industry Drivers:
- Rising trend of using biodegradable and organic paper bags
Normal plastic bags are causing polluting land and water bodies. Plastic bags take about 450 to 500 years to decompose. Major players have started producing biodegradable paper bags; these are eco-friendly, durable, and stylish. Biodegradable paper bags are easy to manufacture and non-toxic to the environment. The major retail player has started adopting paper carry bags because they protect the environment and are easily recyclable and reused. Therefore, the wide adaption of biodegradable paper bags is a major factor accelerating the market growth during the forecast period.
- increasing usage of paper bags in online food delivery services
Online food delivery services are gaining traction because they steer hot foods to the consumer's doorstep. Online food services are the main commercial user of paper bags because they use large, wider gussets bags to deliver foods such as cakes, pizza, and heavy meals to consumers' doorstep. Therefore, increasing the usage of paper bags in online food delivery services is boosting market growth.
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Key Market Segments Covered in Paper Bags Industry Research
Products
- Flat Paper Bag
- Multiwall Paper Sacks
- Open Mouth
- Pasted Valve
- Lock Paper Bag
- Self-Opening-Style (S.O.S.) Bags
- Stand Up Pouch
Usage
- Single Use
- Reusable
Capacity
- Less Than 1 Kg
- 1 Kg-5 Kg
- 5 Kg-10 Kg
- More Than 10 Kg
Size
- Small Size
- Medium Size
- Large Size
- Extra Large Size
Sealing and Handle
- Heat Seal
- Hand Length Handle
- Ziplock, Twisted Handle
- Flat Handle
Shape
- Rectangle
- Square
- Circular
Distribution Channel
- Convenience Stores
- Supermarkets/Hypermarkets
- Specialty Stores
- E-Commerce
End-User
- Food and Beverages
- Animal Feed
- Cosmetic Products
- Agriculture
- Construction
- Pharmaceuticals
- Chemicals
Paper Bags Market Regional Analysis/Insights:
The countries covered in the paper bags market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, United Arab Emirate, Saudi Arabia, Egypt, Israel, South Africa, Rest of Middle East and Africa.
Asia-Pacific is expected to dominate the paper bags market owing to the increasing production and consumption of reusable paper bags. Furthermore, increasing demand for paper bags, to the ease of production of reusable paper bags will further boost the market growth in this region.
North America is expected to be the fastest developing region during the forecast period of 2023-2030 due to the increasing demand for paper bags for the retail sector in this region. Moreover, increasing inclination toward processed and packaged food products will further boost the market growth in this region.
Table of Contents:
- Introduction
- Market Segmentation
- Executive Summary
- Premium Insights
- Global Paper Bags Market: Regulations
- Market Overview
- Global Paper Bags Market, By Products
- Global Paper Bags Market, By Usage
- Global Paper Bags Market, By Capacity
- Global Paper Bags Market, By Size
- Global Paper Bags Market, By Sealing and Handle
- Global Paper Bags Market, By Shape
- Global Paper Bags Market, By Distribution Channel
- Global Paper Bags Market, By End-User
- Global Paper Bags Market, By Region
- Global Paper Bags Market: Company Landscape
- SWOT Analyses
- Company Profile
- Questionnaires
- Related Reports
Download the Complete Table of Contents @ https://www.databridgemarketresearch.com/toc/?dbmr=global-paper-bags-market
Explore More Reports:
- Europe Paper Bags Market, By Products (Flat Paper Bag, Multi-Wall Paper Sacks, Open Mouth, Pasted Valve, Lock Paper Bag, Self-Opening-Style (SoS) Bags, Stand-Up Pouch and Others), Usage (Single Use and Re-Usable), Capacity (Less Than 1 Kg, 1kg-5 Kg, 5kg-10 Kg, and More Than 10 Kg), Size (Small Size, Medium Size, Large Size And Extra Large Size), Sealing And Handling (Heat Seal, Hand Length Handle, Ziplock, Twisted Handle, Flat Handle and Others), Shape (Rectangle, Square, Circular and Others), Distribution Channel (Convenience Stores, Supermarkets/Hypermarkets, Specialty Stores, E-Commerce and Others), End-User (Food and Beverages, Animal Feed, Cosmetic Products, Agriculture, Construction, Pharmaceuticals, Chemicals and Others) Industry Trends and Forecast to 2030 https://www.databridgemarketresearch.com/reports/europe-paper-bags-market
- Asia-Pacific Paper Bags Market, By Products (Flat Paper Bags, Multi-Wall Paper Sacks, Open Mouth, Pasted Valve, Lock Paper Bags, Self-Opening-Style (SOS) Bags, Stand Up Pouch and Others), Usage (Single Use and Re-Usable), Capacity (Less Than 1 Kg, 1kg-5 Kg, 5kg-10 Kg, More Than 10 Kg), Size (Small Size, Medium Size, Large Size and Extra-Large Size), Sealing and Handle (Heat Seal, Hand Length Handle, Ziplock, Twisted Handle, Flat Handle and Others), Shape (Rectangle, Square, Circular and Others), Distribution Channel (Convenience Stores, Supermarkets/Hypermarkets, Specialty Stores, E-Commerce and Others), End-User (Food and Beverages, Animal Feed, Cosmetic Products, Agriculture, Construction, Pharmaceuticals, Chemicals and Others), Country (Japan, China, South Korea, India, Australia and New Zealand, Tawian, Hong-Kong, Singapore, Thailand, Malaysia, Indonesia, Philippines and Rest of Asia-Pacific), Industry Trends and Forecast https://www.databridgemarketresearch.com/reports/asia-pacific-paper-bags-market
- Middle East and Africa Paper Bags Market, By Product (Flat Paper Bags, Multi-Wall Paper Sacks, Open Mouth, Pasted Valve, Lock Paper Bag, Self-Opening-Style (SOS) Bags, Stand Up Pouch, and Others), Usage (Single-Use, and Re-Usable), Capacity (Less Than 1 Kg, 1kg-5 Kg, 5kg-10 Kg, More Than 10 Kg), Size (Small Size, Medium Size, Large Size, and Extra Large Size, Others), Sealing & Handling (Heat Seal, Hand Length Handle, Ziplock, Twisted Handle, Flat Handle, and Others), Shape (Rectangle, Square, Circular, and Others), Distribution Channel (Convenience Stores, Supermarkets/Hypermarkets, Specialty Stores, E-Commerce, and Others), End-User (Food & Beverages, Animal Feed, Cosmetic Products, Agriculture, Construction, Pharmaceuticals, Chemicals, and Others) Industry Trends and Forecast to 2029 https://www.databridgemarketresearch.com/reports/middle-east-and-africa-paper-bags-market
- North America Paper Bags Market, By Product (Flat Paper Bag, Multi-Wall Paper Sacks, Open Mouth, Pasted Valve, Lock Paper Bag, Self-Opening-Style (SOS) Bags, Stand Up Pouch, and Others), Capacity (Less Than 1 Kg, 1kg-5 Kg, 5kg-10 Kg, and More Than 10 Kg), Size (Small Size, Medium Size, Large Size, and Extra Large Size), Sealing and Handling (Heat Seal, Hand Length Handle, Ziplock, Twisted Handle, Flat Handle, and Others), Shape (Rectangle, Square, Circular and Others), End-Use (Food and Beverages, Animal Feed, Cosmetic Products, Agriculture, Construction, Pharmaceuticals, and Others) - Industry Trends and Forecast to 2030 https://www.databridgemarketresearch.com/reports/north-america-paper-bags-market
- GCC Paper Bags Market, By Product (Flat Paper Bags, Multi-Wall Paper Sacks, Open Mouth, Pasted Valve, Lock Paper Bags, Self-Opening-Style (SOS) Bags, Stand Up Pouch, and Others), Usage (Single Use and Re-Usable), Capacity (Less Than 1 Kg, 1kg-5 Kg, 5kg-10 Kg, More Than 10 Kg), Size (Small Size, Medium Size, Large Size, and Extra Large Size), Sealing & Handling (Heat Seal, Hand Length Handle, Ziplock, Twisted Handle, Flat Handle, And Others), Shape (Rectangle, Square, Circular, And Others), Distribution Channel (Convenience Stores, Supermarkets/Hypermarkets, Specialty Stores, E-Commerce, And Others), End-User (Food & Beverages, Animal Feed, Cosmetic Products, Agriculture, Construction, Pharmaceuticals, Chemicals, And Others) Industry Trends and Forecast to 2029 https://www.databridgemarketresearch.com/reports/gcc-paper-bags-market
- Tote Bags Market, By Application (Shopping, Casual Every Day, Laptop, Sports, Business and Travel, Personalized), Material (Canvas, Embellished, Fabric, Leather, Faux Leather, Nylon, Polyvinyl Chloride (PVC), Jute, Cloth), Pattern (Printed, Textured, Solid), Size (Large, Medium, Small), Price Range (High, Medium, Low), Distribution Channel (Online Stores, Offline Stores) – Industry Trends and Forecast https://www.databridgemarketresearch.com/reports/global-tote-bags-market
- Canvas Bags Market, By Type (Backpack, Canvas Sling Bag, Canvas Tote Bag, Grocery Bag, Gift Bag, Others), Weight (Less than 5 oz., 6 to 10 oz., 11 to 15 oz., 16- 20 oz., More than 20 oz.), End User (Shopping, Travelling, Office, Schools/ Colleges, Others) – Industry Trends https://www.databridgemarketresearch.com/reports/global-canvas-bags-market
- Heat Sealing Bags Market By Material (Plastic, Aluminium Foil), Layer (Mono Layer, Multilayer), Capacity (Up to 250 Gram, 251 Gram to 500 Gram, 501 Gram to 750 Gram, 750 Gram to 1000 Gram, More than 1000 Gram), End User (Food and Beverages, Automotive, Personal Care and Cosmetics, Healthcare and Pharmaceuticals, Construction Materials, Chemicals and Materials, Oil and Lubricants, Others) https://www.databridgemarketresearch.com/reports/global-heat-sealing-bags-market
- Medical Specialty Bags Market, By Product (Anesthesia Breathing Bags, Urinary Collection Bags, Bile Collection Bags, Sterile Packaging Bags, Blood Bags, Ostomy Collection Bags, Enteral Feeding Bags, Cadaver Bags, Resuscitation Bags, Continuous Ambulatory Peritoneal Dialysis (CAPD) Bags, Intravenous Fluid Bags, Enema Bags, Ice Bags), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) https://www.databridgemarketresearch.com/reports/global-medical-specialty-bags-market
- Leather Handbags Market, – By Type (Formal, Casual), Product Type (Handheld Bags, Satchel Bags, Shoulder Bags, Sling Bags, Tote Bags, Others), Bag Size (Small, Regular, Oversized), Price Range (Low, Mid, High), Distribution Channel (Direct, Retail, E-Commerce), End user (Men, Women) https://www.databridgemarketresearch.com/reports/global-leather-handbags-market
- Professional Gear Bags Market, By Product Type (Recreational Shooter Gear Bags, Business Traveller Carry-on Bags, Law Enforcement, Aviation Pilot Bags, Emergency Gear Bags, Emergency Responder Bags, Consumer Bags, Camera Bags, Drone and Quads Bags, Others), Price Range (Premium, Mid, Low), Distribution Channel (E-Commerce, Specialty Stores, Hypermarkets), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) Industry Trends and Forecast https://www.databridgemarketresearch.com/reports/global-professional-gear-bags-market
- Cash- in Transit Bags Market, By Bag Type (Deposit Bags, Shipping Bags, Coin Bags, Strap Bags, Stock Bags, Custom Bags), Material Type (Plastic Bags, Paper Bags, Fabric Bags), End-Use (Financial Institutions, Hospitals, Casinos, Hotels, Retail Chains, Government Organizations, Courier Service, Academic Institutions), Country (U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, U.A.E, Saudi Arabia, Egypt, South Africa, Israel, Rest of Middle East and Africa) https://www.databridgemarketresearch.com/reports/global-cash-in-transit-bags-market
- Silo Bags Market, By Capacity (Up to 200 MT and Above 200 MT), Length Type (60 Meter, 75 Meter, and 90 Meter), Material Type (Polyethylene (PE) and Polypropylene (PP)), Application (Grain Storage, Forages Storage, Fertilizers Storage, Dried Fruits Storage, Wood Chips and Others), Country (U.S., Canada, Mexico, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia- Pacific, Brazil, Argentina, Rest of South America, South Africa, Saudi Arabia, UAE, Egypt, Israel, Rest of Middle East and Africa) https://www.databridgemarketresearch.com/reports/global-silo-bags-market
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