Paper Bag Market Analysis: Major Players, Lucrative Segments And Top Geographies
22 Jun, 2023
The global paper bag market size is expected to grow from $5.59 billion in 2022 to $5.87 billion in 2023 at a compound annual growth rate (CAGR) of 5.01%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global paper bag market size is expected to reach $7.25 billion in 2027 at a CAGR of 5.43%.
Global Paper Bag Market Key Driver
The growing popularity of online meal delivery services is likely to fuel the expansion of the paper bag market in the coming years. Food delivery services are third-party food-ordering systems that deliver authorised food goods via the internet. Paper bags are a versatile and eco-friendly packaging solution that can give a number of advantages for online food delivery services, including branding opportunities, moisture resistance, heat retention, and an eco-friendly alternative to plastic bags and other packaging materials.
Get a sample of the global paper bag market reportGlobal Paper Bag Market Segments
The global paper bag market is segmented:
1) By Type: Flat Bottom Bags, Pinched Bottom Bags, Sewn Open Mouth Bags, Pasted Valve Bags, Other Types
2) By Material Type: Brown Kraft, White Kraft
3) By Usage: Single Use, Reusable
4) By Distribution Channel: Convenience Stores, Supermarkets Or Hypermarkets, Specialty Stores, E-Commerce, Other Distribution Channels
5) By End-User: Food And Beverages, Pharmaceutical, Retail, Construction, Chemicals, Other End-Users
6) By Geography: The regions covered in the paper bag market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions, North America accounts for the largest share in the global paper bag market.
Major Paper Bag Industry Players
Burgass Carrier Bags, CEE Schisler Packaging Solutions, Gilchrist Bag Manufacturing LLC, International Paper, Mondi plc, Novolex Holdings LLC, Novplasta Cz S.r.o., Paperera de Girona SA, Papier-Mettler KG, Ronpak Inc, Smurfit Kappa Group, Westrock Co Company, Oji Holdings Corporation, Paperbag Limited, Bulldog Bag Ltd., Packaging Pro, Rosenbloom Groupe Inc, Sonoco Products Company, Thai Showa Paxxs Company Limited, United Bags Inc.
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Paper Bag Market Overview
Paper bags are bags made of paper that are used for carrying or delivering groceries or other items. They are commonly used as an eco-friendly alternative to plastic bags as they are biodegradable, recyclable, and made from renewable resources.
Paper Bag Global Market Report 2023 provides data on the global paper bag market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The paper bag market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.