Global Paper Bags Market Analysis and Forecast 2019-2028

Market Introduction: Key Takeaways

The global paper bags market is expected to grow at a CAGR of 4.5% during the forecast period of 2023-2028. Paper bags are a sustainable and eco-friendly alternative to plastic bags, which have been facing increasing regulatory scrutiny and consumer demand for more environmentally friendly packaging solutions.

Market Drivers and Trend Analysis

The growth of the global paper bags market is driven by several factors, including the increasing awareness and concern about environmental sustainability, the growing preference for eco-friendly packaging materials, and the ban or restriction on plastic bags in various regions. Additionally, the rise of e-commerce and online shopping has also contributed to the demand for paper bags as a sustainable packaging solution.

The report identifies several trends in the global paper bags market, including the growing adoption of recycled and biodegradable paper bags, the use of innovative designs and printing techniques to enhance the aesthetic appeal of paper bags, and the integration of technology such as RFID tags for tracking and tracing purposes.

Key Segmental Analysis

Based on the type of paper bag, the report identifies the grocery bags segment as the largest segment in the global paper bags market, accounting for a significant share of the market. This is due to the high demand for paper bags in grocery stores and supermarkets for carrying groceries and other items.

Global and Regional Market Analysis – Based on Market Intelligence 

Geographically, the report identifies Asia-Pacific as the largest market for paper bags, driven by the increasing population, urbanization, and changing consumer preferences toward sustainable packaging solutions in countries such as China and India. The report also highlights the growing adoption of paper bags in North America and Europe, where there is a growing awareness of environmental sustainability and increasing regulatory measures to reduce plastic pollution.

Competition Overview: Market Structure and Leading Players

The global paper bags market is highly competitive, with key players focusing on product innovation, expanding their distribution channels, and strategic partnerships to gain a competitive edge.

Some of the key market players operating in the global market, as identified in the market report, include: International Paper Company, Smurfit Kappa Group plc, Mondi Group, WestRock Company, Novolex Holdings, LLC, DS Smith Plc, Georgia-Pacific LLC, Amcor plc, Oji Holdings Corporation, UPM-Kymmene Oyj among others.

Key Market Segmentation: Global Paper Bags Market

Rationalstat has segmented the global paper bags market on the basis of product type, region, end user.

• By Application
  • Agriculture & Allied Industries
  • Building & Cons
  • Food & Beverage
  • Retail
  • Chemicals
  • Others
• By Region
  • North America
    • US
    • Canada
  • Latin America
    • Brazil
    • Mexico
    • Chile
    • Peru
    • Argentina
    • Rest of Latin America
  • Western Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
    • Benelux
    • Nordic Countries
    • Rest of Western Europe
  • Eastern Europe
    • Russia
    • Poland
    • Hungary
    • Czech Republic
    • Rest of Eastern Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • ASEAN (Indonesia, Vietnam, Thailand, Philippines, Malaysia, etc.)
    • Rest of Asia Pacific
  • Middle East & Africa
    • GCC
    • South Africa
    • Turkey
    • Egypt
    • Sub-saharan
    • Rest of the Middle East & Africa

Research Methodology

RationalStat has developed a state-of-the-art research methodology to crunch numbers and provide the best possible real-time insights to clients. We combine a varied range of industry experience, data analytics, and experts’ viewpoint to create a research methodology for market sizing and forecasting.

RationalStat combines a mix of secondary sources as well as primary research to assess the market size and develop a forecast. Key steps involved in accurately deriving the market numbers are:

• Defining the problem by understanding the type of market and data required by the client.
• Data gathering and collection through relevant paid databases, publicly available sources, company reports, annual reports, surveys, and interviews.
• Formulating a hypothesis to create market numbers, forecasts, influencing factors, and their relevance.
• Evaluating and analyzing the data by referring to data sources utilized and leveraged.
• Validating, interpreting, and finalizing the data by combining the details gathered from primary and secondary sources with the help of experienced analysts.

Primary Intelligence

• RationalStat utilizes surveys, questionnaires, focus groups, and one-to-one interviews with CXOs, industry partners, trade bodies, association members, ex-employees, and industry professionals to collect insights and quantitative/qualitative data specific to client needs. RationalStat quickly gets to the ‘why’ behind the ‘what’ demonstrated by secondary data.
• RationalStat takes a unique approach to arrive at market conclusions and actionable insights for clients.
• We have the technology and strong in-house resource pool with extensive experience in the global and regional markets, across a wide variety of categories and stakeholders.
• Strong language proficiency and capability with coverage across more than 70 language areas.

Secondary Sources

• Annual reports, company filings, investor presentations, product catalogs, and company documents
• Industry and market-related documents available in the public domain
• Paid databases including Bloomberg, Factiva, S&P Capital IQ, FactSet, Refinitiv Eikon, ICIS, EUWID, and Thomson Reuters, among others
• Whitepapers, research papers, and industry blogs

Why Buy this Report?

The report is intended for service providers, manufacturers, industry stakeholders, government organizations, marketing departments, R&D professionals, insurance organizations, regulatory agencies, and market research firms, among others. The report provides an in-depth analysis of market size, consumption patterns, ongoing market trends and challenges, and future market opportunities. The report will serve as a source for a 360-degree analysis of the market thoroughly delivering insights to clients to find the right answers to their business questions.