paper bag market will grow by 5.93%, and the paper packaging market will become the base market.

        The paper bag market is expected to grow at a CAGR of 5.93% between 2022 and 2027. The market volume is expected to increase by USD 1,716.49 million. The paper bag market is segmented based on material, end user, and geography.
       Depending on the end user, the market is divided into retail, food and beverage, construction, pharmaceuticals and others.
       Based on geography, the paper bag market is divided into Europe, North America, Asia Pacific, South America, Middle East and Africa.
       The paper bag market report features the following countries: United States and Canada (North America), United Kingdom, Germany, France and Rest of Europe (Europe), China and India (Asia Pacific), Brazil and Argentina (South America), and also Saudi Arabia, South Africa and the Middle East and Rest of Africa (Middle East and Africa),
        North America will account for 33% of market growth during the forecast period. Technavio analysts explain in detail the regional trends and factors affecting the market during the forecast period. There is a strong demand for paper packaging materials with better barrier properties. Strict deforestation regulations force manufacturers to use recycled materials, making recycled paper packaging a sustainable packaging solution.

    Growing consumer preference for sustainable packaging materials and increasing awareness of the importance of using sustainable solutions are also driving market growth. The development of infrastructure for the recycling and composting of bioplastics is also contributing to the growth of the regional market.  

     The geographic landscape of the report also provides factors influencing the market and changes influencing current and future trends. For more information, please request a sample!
       Technavio’s Paper Bag Market Research Report provides analysis and information on various factors affecting the market as well as major challenges during the forecast period.
        The environmental benefits associated with paper bags are driving the growth of the market significantly. Paper bags are often made from local materials, which helps reduce shipping costs and thus saves energy. Most paper bags are made from unbleached paper, which is considered more environmentally friendly. These papers help save energy, protect natural resources and reduce greenhouse gas emissions, thereby reducing your carbon footprint. The environmental benefits associated with paper bags will increase the adoption of such products by businesses in industries such as retail, which will drive the growth of the market during the forecast period.
        However, the limited durability of paper bags is a major problem holding back market growth. The ban on conventional plastic bags and packaging has increased the demand for paper bags. However, the durability of paper bags is a major concern, especially for the food and beverage industry. Paper bags are not strong enough to support the weight of the products. In addition, paper bags are not suitable for packaging liquid products such as juices, sauces and curries. Therefore, food loss is possible, as the paper bag may tear. It is difficult for restaurants and food service businesses to pack liquid takeaway products in paper bags because spilled liquids from such products can clog the packaging, leading to food loss and contamination. These factors will hinder the growth of the market during the forecast period.
        The Technavio report covers the market adoption lifecycle, spanning the stages from innovators to laggards. It focuses on the level of penetration in different regions depending on the level of penetration. In addition, the report includes key purchasing criteria and price sensitivity factors to help companies assess and formulate growth strategies.
        The food bag market is expected to grow at a CAGR of 6.18% between 2021 and 2026. The market volume is expected to increase by USD 163.46 million. While factors such as limiting the use of plastic in the production of cooking bags may hinder the development of the market, the growing preference for ready-to-eat meals will drive the demand for cooking bags, especially the growth of the cooking bag market. grow.

Post time: Aug-22-2023
  • Next:
  • Contact Us Now!