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Kraft Paper Shopping Bag Market

Kraft Paper Shopping Bag Market By Product Type (Pinched Bottom Open Mouth, Sewn Open Mouth, Pasted Open Mouth, Pasted Valve, Flat Bottom), Material (Solid Unbleached Board, White Line Chipboard, Specialty Paper, Recycled Paper, Solid Bleached Board), Thickness (<2 ply, 2 to 3 ply, 3 ply), End Use (Food - Bakery & Confectionery, Frozen Food, Ready to eat, Dairy Products) & Region - Forecast 2022-2032

Market Insights on Kraft Paper Shopping Bag covering sales outlook, demand forecast & up-to-date key trends

Kraft Paper Shopping Bag Market Overview

The kraft paper shopping bag market is likely to record a promising CAGR 3.9% during the forecast period. The market is currently valued at US$ 5.2 Bn and is likely to reach US$ 7.47 Bn by 2032.

Attributes

Details

Kraft Paper Shopping Bag Market CAGR (2022-2032)

3.9%

Kraft Paper Shopping Bag Market Value (2022)

US$ 5.2 Bn

Kraft Paper Shopping Bag Market Value (2032)

US$ 7.47 Bn

The Kraft paper shopping bags market is increasing with the concerns rising over the changing climate, followed by the demand for biodegradable paper shopping bags. Consumers are becoming aware of the use of biodegradable products that are now in excessive use, increasing the sales of kraft paper shopping bags.

Demand for kraft paper shopping bags is increasing as new outlets and food franchises are opening up. These bags come in bleached, unbleached, speciality and recycled. Kraft paper shopping bags are the prominent type of bags amongst the other bags, leading the market to excessive growth, increasing the demand for kraft paper shopping bags.

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What are the Key Drivers and Restraints to the Kraft Paper Shopping Bag Market?

Paper-based packaging like kraft paper shopping bags has gained fame in recent years, with the up-gradation of packaging ideas where the visual appeal and shelf life provides premier state.

In addition, kraft paper shopping bags are convenient and durable as compared to other types of paper bags. Cost-effective packaging solution like kraft paper shopping bag as compared to other packaging product is expected to create growth opportunities for the kraft paper shopping bag market during the forecast period, increasing the sales of kraft paper shopping bag.

Kraft paper shopping bags can be used in several end use industries such as food & beverages, personal care & cosmetics, electrical & electronics, textile, etc. Furthermore, the printing ability of kraft paper shopping bags also creates a brand awareness of the product.

Moreover, rising concerns regarding deforestation are creating challenges for paper production, which ultimately hampering the global kraft paper shopping bag market during the forecast period, increasing the sales of kraft paper shopping bags.

Ismail Sutaria
Principal Consultant
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Which Region is the Biggest Kraft Paper Shopping Bag Market?

In North America, the U.S. is expected to dominate the kraft paper shopping bag market throughout the forecast period. In the Asia Pacific region, India and China are expected to witness significant growth in the kraft paper shopping bag market.

Moreover, the Middle East & Africa (MEA) kraft paper shopping bag market is expected to witness sluggish growth during the forecast period.

How’s the Competitive Landscape in Kraft Paper Shopping Bag Market?

The key players of the Kraft paper shopping bag market are focusing on enhancing and adopting strategies like enhancing the durability, sizes and its use as secondary packaging solutions to thrive business. This is driving the sales of Kraft paper shopping bag. 

Key players in kraft paper shopping bag market include Smurfit Kappa Group, The Mondi Group, International Paper Company, Novolex Holdings Inc, BillerudKorsnas AB and WestRock Company

Recent Market Development:

  • The Mondi group introduced its new series of eco-friendly paper bags that can be used for small, medium and large sizes, pushing the sales of Kraft paper shopping bags.
  • Smurfit Kappa Group has launched its fresh share of packaging like industrial and retail type of paper bags, increasing the sales of kraft paper shopping bags.
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Report Scope

Report Attribute

Details

Growth Rate

CAGR of 3.9% from 2022 to 2032

Base year for estimation

2021

Historical data

2015 - 2020

Forecast period

2022 - 2032

Quantitative units

Revenue in USD billion, volume in kilotons, and CAGR from 2022 to 2032

Report coverage

Revenue forecast, volume forecast, company ranking, competitive landscape, growth factors, and trends, Pricing Analysis,

Segments covered

Material Type, Product Type, Thickness, End Use, Region

Regional scope

North America; Western Europe, Eastern Europe, Middle East, Africa, ASEAN, South Asia, Rest of Asia, Australia and New Zealand

Country scope

U.S.; Canada; Mexico; Germany; U.K.; France; Italy; Spain; Russia; Belgium; Poland; Czech Republic; China; India; Japan; Australia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; Iran; South Africa

Key companies profiled

Smurfit Kappa Group, The Mondi Group, International Paper Company, Novolex Holdings Inc, BillerudKorsnas AB and WestRock Company

Customization scope

Free report customization (equivalent to up to 8 analysts working days) with purchase. Addition or alteration to country, regional & segment scope.

Pricing and purchase options

Avail customized purchase options to meet your exact research needs. 

Frequently Asked Questions

North America is the biggest segment in the kraft paper shopping bag market and is expected to hold a big portion of the market in the forecast period. The leading factor is the rising concerns over climate change and awareness about the ecofriendly products in the region. This leads to the high demand for Kraft paper shopping bag in developed countries.

Key competitors holding substantial kraft paper shopping bag market share include Smurfit Kappa Group, The Mondi Group, International Paper Company, Novolex Holdings Inc, BillerudKorsnas AB and WestRock Company

Demand for kraft paper shopping bags is likely to rise with the demand for biodegradable products that help the environment in being clean. That is going to increase the sales of kraft paper shopping bag.

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Ismail Sutaria
Principal Consultant
LinkedIn
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Kraft Paper Shopping Bag Market