Paper Bags Market

 Driven by the rising focus on environment-friendly and sustainable packaging solutions, the demand for paper bags is poised to surge exponentially, finds Future Market Insights (FMI) in a new study. Paper bags are light-weight, biodegradable, and cost-effective. Due to their intrinsic properties they also are considered eco-friendlier than plastic alternatives.

Use of paper bags has been consistently rising across industries such as agriculture, construction, and others. Spurred by this, the market for paper bags is forecast to exhibit a CAGR of 4.1% CAGR between 2020 and 2030.

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As paper bags are non-reactive, they are being widely used in packaging of food, beverages, and various high-end products. Expansion of these sectors will therefore bode well for the overall market.

FMI’s report offers an exhaustive overview of the paper bags market. It covers information on the market’s growth potential, growth drivers and restraints.

Some of the key takeaways from the report are highlighted below-

• Sales of pinched bottom open mouth paper bags will continue to surge
• Brown kraft will remain the preferred material for making paper bags
• Paper bags with thickness <2 ply is anticipated to be highly sought-after as disposable packaging solution
• Retail industry is forecast to exhibit high demand for paper bags
• Demand for paper bags is expected to skyrocket in APEJ

“Paper bags are becoming increasingly popular as better alternative for single-use plastic bags. With governments across various nations banning the use of polythene bags and other plastic items, sales of paper bags are expected to pick up. Some of the leading market players are eyeing this as a lucrative opportunity. Some have even introduced paper bags recycled from wastes such as discarded newspaper to leave a mark amid competition,” says an FMI analyst.

COVID-19 Impact Analysis

The outbreak of novel coronavirus has put a dent on expected growth of the paper bags market. Besides disruptions across manufacturing units, the market had struggled with scarcity of raw materials, non-operational supply chain, shutting down of logistics units, unavailability of labors, among other factors during extended periods of lockdown. The key market players are however working hard to strengthen their infrastructure to continue manufacturing quality products.

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Who is Winning?

Competition in the paper bags market is likely to get fiercer in the coming years. Companies are therefore increasingly focusing on recycled materials for the production of quality paper bags. Some are even pushing product launches to gain competitive advantage.

For instance, RonPak has launched their extensive range of paper bag products such as carry out, pinch-bottom, wraps, and others with SQF certification and manufactured with optical brightener with black light detection of glue in the recent year.

JohnPac has launched their exclusive multi-wall paper bags with diverse range of styles such as sewn open mouth, self-opening sack, pinch bottom open mouth, sewn valve, pasted valve stepped end, and others in the current year.

Competitive Landscape

The presence of several companies, both large and small, has rendered the global paper bags market highly competitive. Some of the leading companies are focusing on product launches to gain competitive advantage in the market. There also is immense focus towards offering more sustainable solutions.

For instance, Waddington Europe, a brand of Novolex Holdings, Inc., has launched their extensive range of 100% food packaging solution and zero to landfill status in November, 2020. Their new Eco Blend™ Pura and Eco Blend™ 100 products are made with 100% cost effective materials and are cost effective in order to become affordable to large portion of consumers.

WestRock Company has launched their new Paper Sack and Bag Paper Packaging Solutions- FibreGreen® in 2020, which are SFI® certified, renewable, and recyclable. Their product solutions come with clean surface for optimal printing, heavyweight grades ideal for grocery, lightweight grades ideal for carry-out, lunch, and liquor bags, recycled grades ideal for meeting sustainability objectives, and others to fulfil huge requirements from the end users.

Some of the key market players are-

• Smurfit Kappa Group Plc
• International Paper Company
• Novolex Holdings, Inc.
• Ronpak
• Welton Bibby And Baron Limited
• El Dorado Packaging, Inc.
• Langston Companies, Inc.
• United Bags, Inc.
• Genpak Flexible
• Global-Pak, Inc.
• York Paper Company Limited
• Paperbags Limited
• JohnPac Inc.
• WestRock Company

*The list is not exhaustive, and only for representational purposes. Full competitive intelligence with SWOT analysis available in the report

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More Valuable Insights on Paper Bags Market

In its latest report, Future Market Insights offer a detailed and unbiased analysis of the global paper bags market. It provides historical data for the period of 2015–2019 and forecast statistics for the period of 2020–2030. In order to understand the global market potential, its growth and scopes, the market is segmented on the basis of product type (sewn open mouth, pinched bottom open mouth, pasted valve, pasted open mouth, flat bottom), material type ( brown kraft, white kraft), thickness (<2 ply, 2 ply, 3 ply, >3 ply), end use ( agriculture & allied industries, building & cons, food & beverage, retail, chemicals, others), across six major regions (North America, APEJ, Western Europe, Eastern Europe, Latin America, MEA, and Japan).