The rising adoption of sustainable and Eco-Friendly Packaging Drive the Demand for Paper Bags Market

Packaging plays a significant role, such as paper bags packaging in food packaging which protect the foods against environmental, physical and chemical factors that could probably contaminate all of the food if not packaged correctly. Paper bags contain barrier properties and better performance such as heat sealability for leak-proof liquid packaging in the food and beverage industry. Therefore, the global paper bags market is estimated to increase rapidly in the near future.

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Data Bridge Market Research analyses that the paper bags market is expected to reach USD 8,154.72 million by 2027 from USD 5,643.36 million in 2019, at a CAGR of 4.8% in the forecast period of 2020 to 2027. The high adoption of sustainable and ecofriendly packaging is projected to propel the growth of the paper market because they are biodegradable and can be used for purposes such as composting.

Growing demand of environment-friendly and sustainable packaging solutions are expected to drive the market's growth rate

The packaging sector is adopting sustainable and smart solutions to make product packaging more environmentally friendly. The rising demand for environmentally friendly and sustainable packaging allows the packaging industry to use paper bags. Paper bags are flexible packaging products and are high in demand due to their lightweight, reliability, and convenience. Furthermore, growing awareness regarding biodegradable and environmental packaging products is expected to enhance market growth. These paper bags are highly used in grocery and department stores, complexes, shopping malls, and retail outlets in rural and urban areas, which are expected to drive the market's growth rate.

Report Scope and Market Segmentation

Segment Analysis:

The paper bags market is segmented on the basis of products, usage, capacity, size, sealing and handle, shape, distribution channel and end-user.

• On the basis of size, the paper bags market is segmented into small size, medium size, large size and extra-large size. In 2020, medium size segment is expected to dominate global paper bags market with 41.99% market share because these type of bags are easy to manufacture and it can hold more weight as compare to small size paper bags.
• On the basis of sealing and handle, the paper bags market is segmented into heat seal, hand length handle, ziplock, twisted handle, flat handle and others.

In 2020, the heat seal segment of sealing and handle segment is anticipated to dominate the paper bags market

Heat seal segment is expected to dominate global paper bags market with 44.78% market share because the heat seal packaging is very prominent packaging option and this seal does not allow the product to come out during transportation. These heat seal packaging can used for the import and export of more products and make the product air tight

• On the basis of shape, the paper bags market is segmented into rectangle, square, circular and others. In 2020, rectangle segment is expected to dominate global paper bags market with 51.91% market share due to the easy manufacturing of the rectangle paper bag in the manufacturing industry.
• On the basis of distribution channel, the paper bags market is segmented into convenience stores, supermarkets/hypermarkets, specialty stores, e-commerce and others.

In 2020, the pouches and sachets segment is projected to hold the largest share of end-use packaging segment in the paper bags market

Supermarkets/hypermarkets segment is expected to dominate global paper bags market with 53.25% market share because many developing countries prefer to consume the packaged food especially among the working population which upsurges the demand of paper packaging

• On the basis of end-user, the paper bags market is segmented into food and beverages, animal feed, cosmetic products, agriculture, construction, pharmaceuticals, chemicals and others. In 2020, food and beverages segment is expected to dominate global paper bags market with 35.39% market share because the population is increasing which eventually upsurges the demand for the food and beverage product

Major Players

Data Bridge Market Research recognizes the following companies as the major paper bags market players in paper bags market National Paper Products Company (Saudi Arabia), Hotpack Packaging Industries LLC (Dubai), International Paper Company (U.S.), Smurfit Kappa Group PLC. (Ireland), B&H Bag Company (U.S.), Ronpak (U.S.), DS Smith Plc. (U.K.).

Market Development

• In February 2020, in America, Smurfit Kappa invests USD 36 million in expansion of its paper sack business. This development aids the company to upsurge production and revenue in upcoming years.
• In November 2019, Smurfit Kappa collaborated with Mitsubishi HiTec Paper to produce innovative food packaging. This development aids the company to upsurge their production and revenue in upcoming years.
• In November 2018, WestRock Company have completed their acquisition with KapStone. This development helps the company to upsurge revenue in upcoming years and manufacture paper bags to fulfill the increased demand.
• In June 2018, International Paper, a major market player, decided to collaborate with the World Wildlife Fund (WWF) to grow science-based targets. This development will aid the company to upsurge the revenue in upcoming years.

Regional Analysis

Geographically, the countries covered in the paper bags market report are U.S., Canada, Mexico, Germany, U.K., Italy, France, Spain, Russia, Switzerland, Turkey, Belgium, Netherlands, Rest of Europe, Japan, China, South Korea, India, Singapore, Thailand, Indonesia, Malaysia, Philippines, Australia and New Zealand, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, Egypt, Saudi Arabia, Israel, United Arab Emirates, Rest of the Middle East and Africa.

As per Data Bridge Market Research analysis:

North America is the dominant region in paper bags market during the forecast period 2020 to 2027

North America dominates the paper bags market due to increasing consumer base, growing government initiatives and the rising awareness regarding paper bags among consumers. Furthermore, United States dominates the North American market owing to increase the demand for reusable paper bags in the retail sectors which is expected to further enhance the market's growth rate in this region. 

Asia-Pacific is estimated to be the fastest growing region in paper bags market the forecast period 2020 to 2027

Asia-Pacific is expected to grow during the forecast period of 2022-2029 due the ease of production of reusable paper bags. The growing production and consumption of reusable paper bags because of increasing demand for the paper bags is expected to boost the market growth in this region. Furthermore, growing per-capita income and consumer base are expected to propel the market's growth rate in this region.

COVID-19 Impact Analysis

The outbreak of COVID-19 has impacted the entire country. Companies that used to play an important role have relocated away from the sources. The manufacturing and supply unit have been severely impacted during this pandemic. The demand from several end-user industries has changed dramatically. The coronavirus caused a decline in demand for offline services whereas increasing demand for online shopping which was slightly uplift the growth of the paper bag market. On the other side, profound shift in corporate standards, e-commerce regulations, some government rules and regulations and consumer taste have resulted in an upsurge in the use of eco-friendly solutions.

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