Commercial Paper Bags Market Analysis

Also, switching to paper-based packaging has led to better recycling rate. Most consumers are adopting paper-based sacks over plastic ones as are a sustainable alternative of their counterparts. Additionally, commercial paper bags are environment-friendly and can be 100% recycled. The stringent regulations imposed by various regulatory bodies against the usage of plastic bags is also expected to drive the growth of the global commercial paper bags market during the period of forecast.

Manufacturers are focused on expanding their portfolios to better meet the escalating demand from end users. Moreover, it is observed that manufacturers operating in the global commercial paper bags market are focusing on innovating products by differentiating their features from other market players. Companies are designing commercial paper bags which offer some added advantages such as temperature-controlled packaging paper bags, to the consumers. For instance,

• Mondi Group entered into a partnership with iFoodbag AB, a Swedish start-up company, to develop a temperature controlled paper packaging product. Introduction of the temperature-controlled paper bag opens up new horizons in the online shopping platform.

Commercial Paper Bags Market: Regional Outlook

Geographically, the global commercial paper bags market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excl. Japan (APEJ), Middle East and Africa (MEA) and Japan. The countries of MEA are expected to represent growth opportunities for commercial paper bags market owing to its applications in building & construction sector. In the APEJ region, the retail sector is booming and is expected to propel the demand for the commercial paper bags in the region. Changing consumer spending pattern has resulted into high expenditure on packaged goods, which will buttress the demand for commercial paper bags in the region.

Commercial Paper Bags Market: Key Players

Examples of some of the key players operating in the global commercial paper bags market are Smurfit Kappa Group Plc., Essentra Plc., Novolex Holdings, Inc., Mondi Group plc, International Paper Company, United Bags, Inc., El Dorado Packaging, Inc., and Langston Companies, Inc. among others.

The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain of the global commercial paper bags market. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with commercial paper bags market attractiveness as per segments. The report also maps the qualitative impact of various factors on commercial paper bags market segments and geographies.