According to a research survey conducted by ChemView Consulting, in 2022, the Global Paper Bags Market was worth US$ 5.4 Bn and is expected to grow at a CAGR of 4.3% over the forecast period. The market is expected to hit US$ 7.6 Bn by 2030 end.
The paper bag marketplace has been segmented via way of means of end-user (retail, meals and beverage, construction, pharmaceutical, and others) and geography (North America, Europe, APAC, South America, and MEA).
By end-user, the retail section is anticipated to have full-size marketplace percentage boom at some point of the forecast period. Rising cognizance approximately green packaging substances and coffee use of plastic luggage are a number of the important thing elements using the boom of this section. Paper luggage are cost-powerful and are clean to apply and store.
By geography, North America is anticipated to account for 36% of the marketplace`s boom at some point of the forecast period, with the United States and Canada being the important thing countries. Factors so one can force the boom of the marketplace on this area encompass converting existence and the extended intake of rapid ingredients and comfort ingredients, in addition to strict rules on lowering packaging waste.
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A list of some of the critical suppliers present in the market are:
- Smurfit Kappa Group Plc
- International Paper Company
- Novolex Holdings, Inc.
- Ronpak
- Welton Bibby And Baron Limited
- El Dorado Packaging, Inc.
- Langston Companies, Inc.
- United Bags, Inc.
- Genpak Flexible
- Global-Pak, Inc.
- York Paper Company Limited
- Paperbags Limited
- JohnPac Inc.
- WestRock Company
Market Segments Covered in Report
By Product Type:
- Sewn Open Mouth
- Pinched Bottom Open Mouth
- Pasted Valve
- Pasted Open Mouth
- Flat Bottom
By Material Type:
- Brown Kraft
- White Kraft
By Thickness:
- <2 Ply
- 2 Ply
- 3 Ply
- >3 Ply
By End-User:
- Agriculture & Allied Industries
- Building & Cons
- Food & Beverage
- Retail
- Chemicals
- Others
By Usage:
- Single-Use
- Reusable
By Distribution Channel:
- Convenience stores
- Supermarkets/hypermarkets
- Specialty stores
- E-commerce
- Others
By Region and Country:
- North America (U.S., Canada)
- Latin America (Brazil, Mexico, Rest of Latin America)
- Europe (Germany, Italy, France, UK, Spain, Netherlands, Norway, Russia, Rest of Europe)
- Asia-Pacific (China, Japan, South Korea, India, Indonesia, Thailand, Vietnam, Australia & New Zealand, Rest of Asia-Pacific)
- Middle East (Saudi Arabia, Turkey, UAE, Rest of Middle East)
- Africa (South Africa, Nigeria, Egypt, Rest of Africa)
Global Paper Bags Market 2022-2030: Report Coverage and Highlights
- Assessment of the historical and current market size (2017-2021), market projections (2022-2030), and its contribution to the parent market
- Key drivers, restraints, opportunities, and key emerging trends impacting market growth
- Predictions on critical supply, demand, and technological trends and changes in consumer behavior
- Value chain analysis (list of manufacturers, distributors, end-users, average profitability margins, etc.)
- Segment-wise, country-wise, and region-wise market analysis
- Competition mapping, market share analysis, key strategies adopted by top players, and competitive tactical intelligence
- Key product innovations and regulatory framework
- Covid-19 impact on the market and how to navigate
- Strategic market analysis and recommendations on crucial winning strategies
For More Details Visit our Report Page; https://chemviewconsulting.com/reports/paper-bags-market/
About ChemViewConsulting:
ChemView Consulting is a leading market research firm in the Asia Pacific, with expertise in Chemicals & Materials, Food & Beverages, Packaging, Oil & Gas, New & Renewable Energy, and Disruptive Technologies. We are one of the top market intelligence firms specializing in business analytics with an expertise in the ever-growing chemicals industry. We track high-growth markets with innovative ideas and opportunities insights through B2B research.
Our client base ranges from industry experts, investors, top companies in the chemicals; and oil & gas industry to SMEs, start-ups, and new entrants. We have worked with over 100 companies to upscale their position as the global leader in the chemical & materials landscape with our cutting-edge analytics and advisory services.
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