Kraft Paper Shopping Bag Market

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.

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.

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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