Commercial Paper Bags Market

Commercial Paper Bags Market Snapshot 

The global commercial paper bags market size is likely to reach US$ 11.2 Billion in 2032 and exhibit growth at a CAGR of 7.5% in the forecast period from 2022 to 2032. It is anticipated to be valued at US$ 5.9 Billion in 2022. The increasing water pollution and environmental concerns associated with the usage of plastics worldwide are set to augment the sales of commercial paper bags in the upcoming years.

Commercial paper bags are mainly used in the retail industry as these are cost-effective. They also provide superior tensile strength and are lightweight in nature.

These are easily printable and can be recycled for reuse. These are made up of a wide variety of kraft paper and can secure the items encased. Their eco-friendly nature and high durability have made these more demandable.

The rising demand for customizable and convenient carriers of goods across the globe is likely to bode well for the market. Many manufacturers are expected to go an extra mile and focus on improving the aesthetic appeal of their products to attract more customers.

Which are Some Prominent Drivers Spearheading Commercial Paper Bags Market Growth

The rapid expansion of the retail sector is a major factor that is likely to propel the demand for commercial paper bags in the evaluation period. These paper bags are reusable, easy to carry, and lightweight and thus are set to gain traction in future years.

The increasing usage of these bags in the building and construction industry for heavy-duty applications is another significant factor that is projected to augur well for the market. The rising number of infrastructure development and retail estate projects in both developed and developing countries would also contribute to this growth in the market.

What are the Challenges Faced by the Commercial Paper Bags Industry

Paper bags are not waterproof and may not be suitable for the rainy season. These are more expensive, as compared to plastic bags. Thus, not many retailers based in developing countries can afford these for regular usage. These take more storage space and are heavier than plastic bags. Driven by the aforementioned factors, the sales of commercial paper bags may decline in future.

Why is North America Emerging as an Opportunistic Commercial Paper Bags Market

North America is set to dominate in the evaluation period by generating the largest commercial paper bags market share. The entry of various retailers in the U.S. and Canada is likely to drive the growth in this market. Governments of these countries have also implemented stringent norms to reduce carbon emissions to protect the environment.

Various manufacturers based in this region are focusing on broadening their product portfolios to meet the surging demand for paper bags from end users. They are striving to innovate their existing products to compete with their rivals, which is anticipated to augur well for the market.

Ismail Sutaria

Principal Consultant

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How is Asia Pacific Contributing to Growth of the Commercial Paper Bags Market

The increasing number of government initiatives in India and China to create consumer awareness regarding pollution is set to propel the Asia Pacific commercial paper bags market growth in the assessment period. The demand for paper bags is expected to grow at a fast pace in malls, restaurants, hotels, and retail establishments across Asia Pacific.

Moreover, the rapid urbanization and high disposable income of consumers are expected to contribute to this growth. The rising demand for biodegradable packaging solutions and the urgent need for processed food items are a couple of other factors that are estimated to boost the growth.

Market Competition

Some of the leading companies operating in the commercial paper bags market include El Dorado Packaging, Inc., Novolex Holdings, Inc., Smurfit Kappa Group Plc., Langston Companies, Inc., International Paper Company, Essentra Plc., United Bags, Inc., and Mondi Group plc.

Majority of the leading companies in the market are striving to gain a competitive edge by launching new products. A few other key players are focusing on mergers and acquisitions, joint ventures, and collaborations with local companies to provide better service to their customers.

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Report Scope

Key Segments Profiled in the Commercial Paper Bags Industry Survey

By Product Type:

• Sewn Open Mouth Bags
• Pinched Bottom Open Bags
• Pasted Valve Bags
• Pasted Open Mouth Bags
• Flat Bottom Bags

By Material Type:

• Brown Kraft
• White Kraft

By Thickness:

• 1 ply
• 2 ply
• 3 ply
• >3 ply

By End Use:

• Agricultural & Allied Industries
• Building & Construction
• Food & Beverage
• Retail
• Chemical Industry
• Others

By Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• APEJ
• Japan
• Middle East and Africa