The global paper bags market is a significant and dynamic segment of the Fast Moving Consumer Goods (FMCG) segment. The demand for eco-friendly and biodegradable product for packaging is increasing because eco-friendly and biodegradable products have low-cost production and can be reused and recycled which lower the production of waste in the region. For the purpose of packaging, several manufacturers prefer paper bag packaging as the packaging process is cost-effective and produces less toxic in nature.
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Data Bridge Market Research analyzes that the Global Paper Bags Market is expected to reach USD 10,374,785.69 thousand by 2031 from USD 6,679,671.71 thousand in 2023, growing with a substantial CAGR of 5.8% in the forecast period of 2024 to 2031.
Key Findings of the Study
Increasing Awareness of Social Issues and Rising Usage of Bio-Based Products
Several types of packaging are used in different applications which results in the production of waste. Plastic packaging is used for food and beverages, cosmetics, and consumer goods. Plastic is non-biodegradable on decomposition and it releases toxic gases in the soil which is dangerous for animals and groundwater. Hence, steps have been taken to ban plastic bag packaging as it is harmful to the environment.
In developing countries, people are becoming aware of the increasing waste, environmental pollution, and harmful effects of plastic products and packaging. Manufacturers are shifting the business from plastic packaging to paper bag packaging as government regulations are also increasing for the ban of single-use plastic bags or non-biodegradable products.
Thus, the increasing awareness of increasing waste, environmental pollution, and harmful effects of plastic products and packaging will increase the usage of bio-based products, which is expected to provide opportunities for market growth.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2024 to 2031
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Base Year
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2023
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Historic Years
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2022 (Customizable to 2016 – 2021)
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Quantitative Units
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Revenue in USD Thousand
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Segments Covered
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Product (Flat Paper Bag, Multi-Wall Paper Sacks, Open Mouth, Self-Opening-Style (SOS) Bags, Lock Paper Bags, Stand Up Pouch, Pasted Valve, Medical Grade Paper Pouches, and Others), Usage (Single Use and Re-Usable), Capacity (Less than 1 KG, 1 KG- 5 KG, 5 KG- 10 KG, and More than 10 KG), Sealing and Handling (Heat Seal, Hand Length Handle, Ziplock, Twisted Handle, Flat Handle, and Others), Shape (Rectangle, Square, Circular, and Others), Distribution Channel (B2B and B2C), End-User (Food and Beverages, Animal Feed, Pharmaceuticals, Cosmetic Products, Agriculture, Construction, Chemicals, and Others)
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Countries Covered
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U.S., Canada, Mexico, Germany, France, U.K., Italy, Turkey, Spain, Netherlands, Russia, Belgium, Switzerland, Norway, Finland, Denmark, Sweden, and Rest of Europe, China, Japan, South Korea, India, Australia, Singapore, Malaysia, Thailand, New Zealand, Taiwan, and Vietnam, Philippines, Indonesia, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, Saudi Arabia, U.A.E., South Africa, Israel, Egypt, and Rest of Middle East and Africa
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Market Players Covered
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Inteplast Group (Canada), Amcor plc (China), International Paper (France), Coveris (Japan), NIPPON PAPER INDUSTRIES CO., LTD (U.S.), Daio Paper Corporation (Japan), THE PACK CORPORATION (Switzerland), Papier-Mettler KG (U.S.), Rengo Co., Ltd (Germany), Huhtamaki India Ltd (India), Mondi (U.S.), ProAmpac (Japan), Novolex (Germany), Oji Holdings Corporation (Italy), WestRock Company (Germany), Ronpak (Germany), Smurfit Kappa (Japan), Wisconsin Converting Inc. (U.S.), Shop Paper Bag (U.K.), AMERICAN PAPER BAG (U.S.), Bulldog Bag Ltd. (China), Conitex Sonoco (Japan), and UNITED BAGS, INC. (U.S.), among others
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Data Points Covered in the Report
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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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Segment Analysis
The global paper bags market is segmented into seven notable segments based on product, usage, capacity, sealing and handling, shape, distribution channel, and end-user.
- On the basis of product, the market is segmented into flat paper bag, multi-wall paper sacks, open mouth, Self-Opening-Style (SOS) bags, lock paper bags, stand up pouch, pasted valve, medical grade paper pouches, and others
In 2024, the flat paper bag segment is expected to dominate the global paper bags market
In 2024, the flat paper bag segment is expected to dominate the market with a market share of 28.46% as they are less expensive and used for high-volume accounts bags.
- On the basis of usage, the market is segmented into single use and re-usable
In 2024, the single use segment is expected to dominate the global paper bags market
In 2024, the single use segment is expected to dominate the market with a market share of 65.86% as they are readily available in retail stores, supermarkets, and various outlets, making them a convenient option for consumers who need a bag for their purchases on-the-go.
- On the basis of capacity, the market is segmented into less than 1 KG, 1 KG- 5 KG, 5 KG- 10 KG, and more than 10 KG. In 2024, the less than 1 kg segment is expected to dominate the market with a market share of 46.21%
- On the basis of sealing and handling, the market is segmented into heat seal, hand length handle, ziplock, twisted handle, flat handle, and others. In 2024, the heat seal segment is expected to dominate the market with a market share of 25.77%
- On the basis of shape, the market is segmented into rectangle, square, circular, and others. In 2024, the rectangle segment is expected to dominate the market with a market share of 52.64%
- On the basis of distribution channel, the market is segmented into B2B and B2C. In 2024, the B2B segment is expected to dominate the market with a market share of 59.67%
- On the basis of end-user, the market is segmented into food and beverages, animal feed, cosmetic products, agriculture, construction, pharmaceuticals, chemicals, and others. In 2024, the food and beverages segment is expected to dominate the market with a market share of 32.12%
Major Players
Data Bridge Market Research analyzes Inteplast Group (Canada), Amcor plc (China), International Paper (France), Coveris (Japan), and NIPPON PAPER INDUSTRIES CO., LTD (U.S.) as the major players operating in the global paper bags market.
Market Developments
- In November 2023, Rengo Co., Ltd. acquired a 30% stake in Velvin Containers Private Limited, a prominent corrugated packaging manufacturer in India. With this equity involvement, the company will rebrand as Velvin Rengo Containers Private Limited under Rengo's ownership. Rengo's stake in Velvin Containers is anticipated to generate synergies among Rengo Group entities, both domestically in Japan and internationally. This move aligns with Rengo's global strategy, positioning the company to capitalize on India's burgeoning corrugated packaging market and further strengthening its presence overseas
- In September 2023, Smurfit Kappa and WestRock Company made a merger that significantly reshaped the Latin American packaging landscape, consolidating assets and market shares across Brazil and Mexico, and enhancing their regional dominance. This strategic move bolstered their position in Mexico, securing a notable share of the containerboard and industrial packaging markets, and amplifying their competitive edge and market presence in the region
- In June 2023, BEIJING EAST IP LTD, representing Daio Paper Corporation, secured the validity of its "packaging bag" design patent, ensuring the exclusivity of its innovative packaging for premium products and boosting its market edge. This victory in the invalidation case safeguarded Daio Paper's rights, curbing imitation, and fortifying consumer protection, affirming the brand's distinctiveness and market position
- In February 2023, International Paper was named on the list of Fortune magazine's most admired companies. The company stated they are much honored to feature for the 20th time on the occasion of the international paper's 125th year in the industry. This award helped the company gain more recognition among the other players in the market
- In February 2022, NIPPON PAPER INDUSTRIES CO., LTD. and Elopak ASA forged a Memorandum of Understanding (MoU), enhancing their partnership in liquid-paper packaging. This partnership, focused on joint business development, leveraged their expertise, assets, and networks to advance sustainable packaging solutions, reinforcing NIPPON PAPER's position in Japan's packaging field and propelling their commitment to delivering eco-friendly packaging solutions to the market. This strategic alliance enabled NIPPON PAPER to amplify its market presence and fortify its dedication to sustainable packaging innovations, aligning with its mission of enriching lives through environmentally conscious practices
Regional Analysis
Geographically, the countries covered in the global paper bags market report are U.S., Canada, Mexico, Germany, France, U.K., Italy, Turkey, Spain, Netherlands, Russia, Belgium, Switzerland, Norway, Finland, Denmark, Sweden, and Rest of Europe, China, Japan, South Korea, India, Australia, Singapore, Malaysia, Thailand, New Zealand, Taiwan, and Vietnam, Philippines, Indonesia, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, Saudi Arabia, U.A.E., South Africa, Israel, Egypt, and Rest of Middle East and Africa.
As per Data Bridge Market Research analysis:
Asia-Pacific is expected to be the dominant and fastest growing region in the global paper bags market
Asia-Pacific is expected to dominate the market due to the presence of well-established manufacturing facilities and the rising awareness of eco-friendly products. Also, the region is expected to be the fastest-growing region in the market as it has major manufacturers and a high demand for paper bags.
For more detailed information about the global paper bags market report, click here – https://www.databridgemarketresearch.com/reports/global-paper-bags-market
