Paper Bags Market
Paper Bags Market: Organized Retail Sector Emerging as Key Consumer: Global Industry Analysis and Opportunity Assessment, 2019 - 2029
- 2019-09-20
- REP-GB-2765
- 39 Tables
- 120 Figures
- 209 pages
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An Incisive, In-depth Analysis on the Paper Bags Market
This study offers a comprehensive, 360 degree analysis on the Paper Bags market, bringing to fore insights that can help stakeholders identify the opportunities as well as challenges. It tracks the global Paper Bags market across key regions, and offers in-depth commentary and accurate quantitative insights. The study also includes incisive competitive landscape analysis, and provides key recommendations to market players on winning imperatives and successful strategies.
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- The global paper bags market size is estimated to reach ~US$ 5 Bn in 2019.
- The paper bags market is expected to grow at a CAGR of ~4% during the forecast period of 2019-2029.
- Rapidly increasing number of shopping malls, super markets, and developed retail sector have been significantly fuelling the demand for paper bags across the world.
- Asia Pacific Excluding Japan is likely to offer greater opportunities for paper bags market players during the forecast period.
- Owing to increased retail industries coupled with increasing preference for eco-friendly and biodegradable packaging among consumers, the paper bags market is exponentially growing in the region.
- As per FMI analysis, pinched bottom, open mouth paper bags remain the most preferred among consumers as compared to other types of paper bags,
- The pinched bottom, open mouth paper bag’s flap closure helps control infestation, and it has been the top-selling factor of the product.
Key Factors Shaping the Paper bags Market
- Continuous Growth in the Demand from Retail Sector Expected To Bolster Paper Bag Sales
The global paper bags market is poised to face heavy demand from the retail sector, which accounts for more than half of the total sales. The retail sector has been showing strong performance in most of the regions, barring Latin America and Eastern Europe. Both these regions are yet to come out of the clutches of the economic slowdown, with the recovery process gradually picking up pace.
In the MEA region, a significant share of the demand for paper bags is expected to be from the building and construction industry. Most of the region has been involved in war, which has been dragging along for over a decade, and has resulted in a state of political stalemate. As peace is restored in the region, foreign firms are expected to come in and facilitate the international efforts to rebuild the war-torn nations. Moreover, many countries have come forward and shown keenness for the same, which in turn, is likely to create significant demand for paper bags, particularly to carry cement and other construction materials.
- Strong Consumer Preference for Biodegradable Packaging to Create High Sales Opportunities
With increasing awareness about health issues and negative impact of alternate packaging solutions, end users are having more demand for paper bags. As per the survey done by European Commission in 2017-18, 70% of consumers voted in favour of banning single-use and non-decomposable bags in the supermarket. Almost 79% consumers are opting for paper bags, as they are pleasant to handle and touch. 80% consumers prefer grocery bags that are biodegradable in nature. Hence the key players are adopting recent technologies which helps to boost quality and strength of the paper bags as per the requirement of consumers.
- Emphasis on Eco-Friendly Products to Promote Paper Bags Market Growth
In order to reduce the impact of global warming, climatic change, and environmental pollution, many governments are emphasizing the use of eco-friendly and easily recyclable packaging solutions, thereby potentially raising the demand for paper bags. For instance,
- In 2015, The European Parliament passed a Directive 94/62/EC for the consumption of plastic bags. Due to this many retailers switched from plastic bags to paper bags.
- As per BBC news, the health and beauty chain, The Boots Company PLC has started replacing plastic bags with brown kraft paper bags in 2,458 store outlets at a reasonable price from June 2019. The company is aiming to replace 900 tonnes of plastic by recycled brown kraft paper bags printed with water based ink.
Expansion and Acquisitions are the Key Strategies Adopted by the Leading Players
In the global market report for paper bags, the competition landscape is discussed. Key players profiled in the paper bags market are The Mondi Group plc, Smurfit Kappa Group, El Dorado Packaging, Inc, International Paper Company, United Bags, Inc., Welton Bibby And Baron Limited, Global-Pak, Inc, Paperbags Limited, Novolex Holdings, Inc., York Paper Company Limited, JohnPac Inc., and other companies. These key players are strategically aiming for maximum revenue generation by following mergers and acquisitions, partnerships, product innovations, and technological advancement. For instance,
- Novolex Holdings Inc. acquired Waddington Group for enhancing its packaging portfolio in May 2018. The company is continuously expanding its product portfolio by acquiring specific product-centric ventures.
- The Mondi Group Plc. is planning to achieve both, organic and inorganic growth by means of acquisitions and expansion of production capacity throughout Europe, which is exemplified by the company’s acquisition of Excelsior Technologies for £33 million euros in 2017.
Increasing Deforestation Might Restrain the Growth of Paper Bags Market
Although paper bags are known to be much more environment-friendly as compared to plastic, many questions have been raised regarding the justification of using disposable paper bags. Many people use paper bags at least twice before throwing them away. To experts, cutting down of millions of trees in exchange for a few minutes of paper bags usage amounts to reckless use of available resources. As per estimates, nearly 14 million trees are cut down in the U.S. to cater to the demand for nearly 10 billion paper bags.
Also, in the U.S., nearly 80% of the paper bags end up in landfills, where they do not degrade for decades. In addition, the recycling process of paper bags is not a cakewalk. These factors, to some extent, will deter the growth of the market.
Paper Bags Market Analysis 2019-2029
A recent market study published by FMI on the paper bags market includes global industry analysis 2014-2018 & opportunity assessment 2019-2029, and delivers a comprehensive assessment of the most important market dynamics. After conducting thorough research on the historical as well as current growth parameters of the paper bags market, the growth prospects of the market are obtained with maximum precision.
Paper Bags Market: Taxonomy
The global paper bags market is segmented in detail to cover every aspect of the market and present complete market intelligence to the reader.
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By Product |
By Material |
By Thickness |
By End Use |
By Region |
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Sewn Open Mouth |
Brown Kraft |
1 Ply |
Agriculture and Allied Industries |
North America |
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Pinched Bottom Open Mouth |
White Kraft |
2 Ply |
Building and Construction |
Asia Pacific Excluding Japan |
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Pasted Valve |
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3 Ply |
Food and Beverages |
Western Europe |
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Pasted Open Mouth |
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> 3 Ply |
Retail |
Eastern Europe |
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Flat Bottom |
|
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Chemicals |
Latin America |
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Others |
Middle East and Africa |
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Japan |
Report Chapters
Chapter 01 – Executive Summary
The report initiates with the executive summary of the paper bags market, which includes a summary of key findings and statistics of the market. It also includes the wheel of opportunity pertaining to the paper bags market.
Chapter 02 – Market Introduction
Readers can find the definition and a detailed taxonomy of the paper bags market in this chapter, which will help them understand the basic information about the paper bags market.
Chapter 03 – Market Outlook
This chapter explains key macro-economic factors that are expected to influence the growth of the paper bags market over the forecast period. Additionally, global packaging industry overview is provided.
Chapter 04 – Global Paper Bags Market Analysis
This section explains the global paper bags market demand analysis 2014-2018 and forecast 2019-2029. Detailed analysis of paper bags in terms of value and volume is included in this chapter.
Chapter 05 – Market Background
This section highlights the value chain analysis for the paper bags market. Moreover, in-depth information about the market dynamics and their impact analysis on the market have been provided.
Chapter 06 – Global Paper Bags Market Analysis 2014 - 2018 and Forecast 2019 - 2029, by Product
Based on product, the paper bags market is segmented into sewn open mouth, pinched bottom open mouth, pasted valve, pasted open mouth, and flat bottom. In this chapter, readers can find information about the market value and developments in the paper bags market and market attractiveness analysis based on the product.
Chapter 07 – Global Paper Bags Market Analysis 2014 - 2018 and Forecast 2019 - 2029, by Thickness
Based on thickness, the paper bags market is segmented into 1 Ply, 2 Ply, 3 Ply, and > 3 Ply. In this chapter, readers can find information about the market value and developments in the paper bags market and market attractiveness analysis based on the thickness.
Chapter 08 – Global Paper Bags Market Analysis 2014 - 2018 and Forecast 2019 - 2029, by Material
This chapter provides details about the paper bags market based on the material, and has been classified into brown kraft and white kraft. In this chapter, readers can understand the market attractive analysis based on the material.
Chapter 09 – Global Paper Bags Market Analysis 2014 - 2018 and Forecast 2019 - 2029, by End Use
This chapter provides details about the paper bags market based on the end use, and has been classified into agriculture and allied industries, building and construction, food and beverages, retail, chemical, and others. In this chapter, readers can understand the market attractiveness analysis based on the end use.
Chapter 10 – Global Paper Bags Market Analysis 2014 - 2018 and Forecast 2019 - 2029, by Region
This chapter explains how the paper bags market will grow across various geographic regions such as North America, Latin America, Western Europe, Eastern Europe, Asia Pacific Excluding Japan (APEJ), Middle East & Africa (MEA), and Japan.
Chapter 11 – North America Paper Bags Market Analysis 2014 - 2018 and Forecast 2019 – 2029
This section provides regional market dynamics which includes drivers and restrain factors. This chapter also includes a detailed analysis of the growth of the North America paper bags market, along with a country-wise assessment that includes the U.S. and Canada. Readers can also find the regional trends and market growth based on the defined taxonomy and countries in North America.
Chapter 12 – Asia Pacific Excluding Japan Paper Bags Market Analysis 2014 - 2018 and Forecast 2019 - 2029
This chapter provides the growth scenario of the paper bags market in APEJ countries such as China, India, ASEAN, Australia and New Zealand, and rest of APEJ. Along with this, assessment of the market across target segments has been provided. The key driver and restraint factors for paper bags market are also explained.
Chapter 13 – Western Europe Paper Bags Market Analysis 2014 - 2018 and Forecast 2019 - 2029
The introduction of Western Europe paper bags market consist of market driving factors along with restraint analysis. Important growth prospects of the paper bags market based on its end users in several countries such as Germany, Italy, France, the UK, Spain, Benelux, Nordic, and the Rest of Western Europe are included in this chapter.
Chapter 14 – Eastern Europe Paper Bags Market Analysis 2014 - 2018 and Forecast 2019 - 2029
This chapter highlights market dynamics factors along with the growth of the paper bags market in Eastern Europe by focusing on Poland, Russia, and rest of Eastern Europe. This section also helps readers understand key factors that are responsible for the growth of the paper bags market in Eastern Europe.
Chapter 15 – Latin America Paper Bags Market Analysis 2014 - 2018 and Forecast 2019 - 2029
This chapter provides the growth scenario of the paper bags market in Latin American countries such as Brazil, Mexico, Argentina, and the Rest of Latin America. Along with this, assessment of the market across target segments has been provided. Further this section provides market driver and restraint analysis of Latin America paper bags market.
Chapter 16 – Middle East and Africa Paper Bags Market Analysis 2014 - 2018 and Forecast 2019 - 2029
This chapter provides information about how the paper bags market will grow in major countries in the MEA region such as GCC Countries, Northern Africa, South Africa, and the Rest of MEA, during the forecast period of 2019-2029. This also covers regional paper bags market dynamics factors.
Chapter 17 – Japan Paper Bags Market Analysis 2014 - 2018 and Forecast 2019 – 2029
This chapter provides information about how the paper bags market growth analysis in Japan, during the forecast period 2019-2029. This chapter highlights value and volume analysis during the historic and forecast period.
Chapter 18 – Competition Analysis
In this chapter, readers can find company market share analysis, competitive dashboard and a comprehensive list of all the prominent stakeholders in the paper bags market, along with detailed information about each company, which includes company overview, revenue shares, SWOT analysis, strategic overview, key financials, and recent company developments. Some of the key market players featured in the report are: The Mondi Group plc, Smurfit Kappa Group, International Paper Company, Novolex Holdings, Inc, Ronpak, Welton Bibby And Baron Limited, El Dorado Packaging, Inc, Langston Companies, Inc, United Bags, Inc., Genpak Flexible, York Paper Company Limited, Paperbags Limited, JohnPac Inc, and Global-Pak, Inc.
Chapter 19 – Assumptions and Acronyms Used
This chapter includes a list of acronyms and assumptions that provides a base to the information and statistics included in the paper bags market report.
Chapter 20 – Research Methodology
This chapter help readers understand the research methodology followed to obtain various conclusions as well as important qualitative and quantitative information about the paper bags market.
Industry Interactions
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C - Level Executives
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Marketing Directors
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Product Managers
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Business Development Officers
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Production Managers
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Procurement Heads
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Sales Executives
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Distributors
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Traders
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Raw Material Suppliers
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Industry Experts
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End-users
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Current market dynamics and challenges
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Yesteryear trends
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Market characteristics
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Market performance and growth quadrants
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Competition structure and market structure
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Strategic growth initiatives
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Near-term and long-term market growth prospects
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Market segment splits and authenticity
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Opinions on market projections and validity of assumptions
References Catalogue
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Industry Publications
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Industry Associations
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Flexible Packaging Association
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Factiva
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Company Press Releases
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Annual Reports and Investor Presentations
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Research Papers
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Government Websites and Publications
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Trade Websites
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Akshay Godge
Client Partner - Global Business Development
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