Hyderabad News Desk

Paper Bags Packaging Market Forecast to 2023 with Competitive Landscape Analysis and Key Company profiles- National Paper, Hotpack Packaging, International Paper, Smurfit Kappa, DS Smith, WestRock

 Breaking News
  • No posts were found

Paper Bags Packaging Market Forecast to 2023 with Competitive Landscape Analysis and Key Company profiles- National Paper, Hotpack Packaging, International Paper, Smurfit Kappa, DS Smith, WestRock

March 21
08:55 2020
Paper Bags Packaging Market Forecast to 2023 with Competitive Landscape Analysis and Key Company profiles- National Paper, Hotpack Packaging, International Paper, Smurfit Kappa, DS Smith, WestRock

Paper Bags Packaging Market
Paper Bags Packaging Market Research Report 2019: Industry Size, Share, Trends, Growth and Opportunity Assessment, Regional Analysis and Segmentation By Product (Flat Paper Bag, Multi-wall Paper Sacks, and Others), by End-User (Food & Beverage, Pharmaceutical, Retail, Construction, Chemicals, and Others) and by Region – Forecast To 2023

The paper bags packaging is gaining traction owing to a gradual shift towards bio-degradable packaging mode from the plastic-based packaging system. The global paper bags packaging market is expecting a raise by 4.3% CAGR during the forecast period (2017-2023). Market Research Future (MRFR), in their latest report on the said market, revealed that it is quite plausible that the market would gain valuation higher than the anticipated one.

Factors such as demand for sustainable packaging to reduce the impact of plastic, strict government regulations, alluring style, marketing practices, increasing investment in the sector, and others are propelling the paper bags packaging market substantially.

Get a FREE Sample with Complete TOC @ https://www.marketresearchfuture.com/sample_request/2039 

Segmentation:

The global paper bags packaging market, as shown in the MRFR report on the same, has been segmented by product and application. This segmentation aims to unearth advantages and disadvantages of the market by staying close to it.

Based on the product, the paper bags packaging market is segmented into flat paper bag, multi-wall paper sacks, and others. The multi-wall paper sacks had the largest market share as per the reports published in 2016. Due to its strength and durability, this is often used for packing dry & powdered materials such as dry chemicals, cement, and others. The type is available in various forms like multi-wall paper over poly, pasted valve bags, sewn open mouth bags, and pinch bottom open mouth bags.

Based on the application, the global paper bags packaging market comprises pharmaceutical, retail, food & beverage, chemicals, construction, and others. The retail segment has the edge over the others in terms of revenue generation. Its demand is getting spurred by consumer good and establishment of shopping complexes and increasing number of consumer stores in the rural, and urban areas. The construction segment also has a substantial market coverage.

Regional Analysis:

Region-specific analysis of the global Paper Bags Packaging Market includes regions like North America, Europe, Asia Pacific (APAC), and Rest of the World (RoW).

North America has the lion’s share in the global market. The demand is getting driven by the increase in packaged food consumption. The U.S. is leading the market as the demand for hygienic packaging is growing in the region. Also, the pharmaceutical industry is fueling the growth of this packaging industry.

Europe’s contribution would be more innovation-led and it is evident in packaging of personal care, hygiene and beauty products. The regional market is thriving on points like sustainability and customer-friendly packaging. The result is lightweight products, which are quite easily transportable.

The APAC market has the potential to register the fastest CAGR during the forecast period. Various industries are getting a fresh lease of life, which is helping in taking the packaging market forward. Along with industrialization, increasing urbanization is also propelling the growth of paper bags packaging market. China, Japan, India, Australia, and Indonesia are expected to play significant roles with China taking the lead in improving the global market scenario.

Competitive Landscape:

Several companies are showing intense interest in the global paper bags packaging market after realizing its potential in the coming years. MRFR, in their report, enlisted a few and profiled them. They are Hotpack Packaging Industries LLC (Dubai), National Paper Products Company (Saudi Arabia), Smurfit Kappa Group PLC. (Ireland), International Paper Company (U.S.), Ronpak (U.S.), B&H Bag Company (U.S.), OJI Holding Corporation (Japan), DS Smith Plc. (U.K.), WestRock Company (U.S.), Holmen Group (Sweden), Paper Sacks Factory (UAE), Georgia-Pacific LLC. (U.S.), Novolex (U.S.), United Bags, Inc. (U.S.), and Hood Packaging Corporation (Canada).

Japan is showing tremendous growth possibilities in paper bags packaging market. The region uses plastic in packaging but recent trends are showing a gradual shift towards paper bags, which could open a vast field for the paper bags packaging market.

In June 2019, Reed acquired PackPlus with an intention to optimally use the latter’s expertise in paper bags. The company is putting its best endeavor in staying connected with latest trends.

Scope of Report

The report for Global Paper Bags Packaging Market of Market Research Future comprises extensive primary research findings along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain deeper insight into the market and industry performance. The report gives a clear picture of current market scenario, which includes historical and projected market size in terms of value, technological advancement, macro economic and governing factors in the market. The report provides detailed information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Get More Information on Paper Bags Packaging Market Research Report – Forecast to 2023 @ https://www.marketresearchfuture.com/reports/paper-bags-packaging-market-2039  

List of Tables

Table 1 Global Paper Bags Packaging Market: by Region, 2017-2023
Table 2 North America Paper Bags Packaging Market: by Country, 2017-2023
Table 3 Europe Paper Bags Packaging Market: by Country, 2017-2023
Table 4 Asia-pacific Paper Bags Packaging Market: by Country, 2017-2023
Table 5 Row Paper Bags Packaging Market: by Country, 2017-2023
Table 6 Global Paper Bags Packaging Market, by Product, by Regions, 2017-2023
Table 7 North America Paper Bags Packaging Market, by Product, by Country, 2017-2023
Table 8 Europe Paper Bags Packaging Market, by Product, by Country, 2017-2023
Table 9 Asia-pacific Paper Bags Packaging Market by Product, by Country, 2017-2023
Table 10 Row Paper Bags Packaging Market by Product, by Country, 2017-2023

Continued……..

List of Figures

Figure 1 Research Productof Mrfr
Figure 2 Top Down & Bottom Up Approach
Figure 3 Market Dynamics
Figure 4 Impact Analysis: Market Drivers
Figure 5 Impact Analysis: Market Restraints
Figure 6 Porter’s Five Forces Analysis
Figure 7 Value Chain Analysis
Figure 8 Global Paper Bags Packaging Market Share, by Product, 2016 (%)
Figure 9 Global Paper Bags Packaging Market, by Product, 2015-2023 (Usd Million)
Figure 10 Global Paper Bags Packaging Market Share, by Application, 2016 (%)

Continued………

Ask for your specific company profile and country level customization on reports.

About Market Research Future:

At Market Research Future (MRFR), we enable our customers to unravel the complexity of various industries through our Cooked Research Report (CRR), Half-Cooked Research Reports (HCRR), Raw Research Reports (3R), Continuous-Feed Research (CFR), and Market Research & Consulting Edibles.

MRFR team have supreme objective to provide the optimum quality market research and intelligence services to our clients. Our market research studies by products, services, technologies, applications, end users, and market players for global, regional, and country level market segments, enable our clients to see more, know more, and do more, which help to answer all their most important questions.

Media Contact
Company Name: Market Research Future
Contact Person: Abhishek Sawant
Email: Send Email
Phone: +1 646 845 9312
Address:Market Research Future Office No. 528, Amanora Chambers Magarpatta Road, Hadapsar
City: Pune
State: Maharashtra
Country: India
Website: https://www.marketresearchfuture.com/reports/paper-bags-packaging-market-2039

Categories