Global Kraft Paper Bag Market Size, Trends, and Growth Opportunity, By Type (SOS (self-opening satchel) Type, Slider Zipper, Pinch & Seal, Pinch & Seal Zipper, Fold Top, Twist Tie), By Application (Fashion, Food & Beverages, Watches and Jewellery, Pharmaceuticals, Cosmetics & Personal Care, Other Consumer Goods), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) and forecast till 2030.
Report ID : IR1001238 | Industries : Chemicals & Materials | Published On :May 2024 | Page Count : 234
Global Kraft Paper Bag Market Size, Trends, and Growth Opportunity, By Type (SOS (self-opening satchel) Type, Slider Zipper, Pinch & Seal, Pinch & Seal Zipper, Fold Top, Twist Tie), By Application (Fashion, Food & Beverages, Watches and Jewellery, Pharmaceuticals, Cosmetics & Personal Care, Other Consumer Goods), By Region (North America, Europe, Asia Pacific, Latin America, Middle East) and forecast till 2030.
Global Kraft Paper Bag Market
The global Kraft Paper Bag market was valued at USD 4,330.00 Million in 2022 and is expected to expand to USD 11,080.00 Million in 2030 at a CAGR of 11.24% during the forecast period 2023- 2030.
Bags that are made of high-quality paper which is sturdy and durable are kraft paper bags. It has a rough surface and natural brown colour.
Market Drivers
The large retailer has begun using paper carry bags since they are environmentally friendly and simple to recycle and reuse. Therefore, one of the key factors boosting market expansion throughout the projection period is the widespread adoption of Kraft paper bags.
Online food delivery services are gaining traction because they steer hot foods to the consumer's doorstep. Online food services are the main commercial user of paper bags because they use large, wider gussets bags to deliver foods such as cakes, pizza, and heavy meals to consumers' doorstep. Therefore, increasing the usage of paper bags in online food delivery services is boosting the market growth.
Market Restraints
Fluctuations in the price of raw materials such as cellulose fiber or wood pulp are due to the demand-supply gap, which is expected to impact the paper bags market growth negatively. This factor leads to a significant reduction in the profit margin of the manufacturers in the folding carton market which may act as the challenge for the market growth during the forecast period.
Stringent regulations and rules toward deforestation in all regions have negatively affected the paper bag market growth. As a result, producers face many problems for raw materials and cannot import and export the finished products to all the regions, which is likely to reduce the growth of the paper bags market.
Market Segmentation
The global Kraft Paper Bag market is segmented based on Type, Application, and region. On the basis of Type, it is segmented into SOS (self-opening satchel) Type, Slider Zipper, Pinch & Seal, Pinch & Seal Zipper, Fold Top, Twist Tie. Based on Applications, it is segmented into Fashion, Food & Beverages, Watches and Jewellery, Pharmaceuticals, Cosmetics & Personal Care, Other Consumer Goods. Based on region, it is segmented into North America, Europe, Asia Pacific, Latin America, Middle East & Africa.
Regional Analysis
North America region dominates the Kraft Paper Bag Market across the world with CAGR 11.49% owing to the growing demand for paper bags for the retail sector in the region. Also, rising inclination toward processed and packaged food products will further propel the market growth in this region.
Europe is likely to witness significant growth during the forecast period because of their established food and beverage industries and growing awareness towards sustainable packaging.
Asia Pacific is anticipated to grow at a significant CAGR because of the growing production and consumption of reusable paper bags. Additionally, rising demand for paper bags, to the ease of production of reusable paper bags.
Key Players
Various key players are listed in this report such as Canfor Corporation, Nordic Paper, Smurfit Kappa, Segezha Group, WestRock, Priya Paper Products, Gascogne, SCG Packaging, BillerudKorsnas, The Mondi Group.
Industry development
In October 2022 Mondi, a global leader in sustainable packaging and paper, has announced the approval of a €400 million investment in a new paper machine at its flagship Št?tí mill in the Czech Republic. The investment forms part of the Group’s €1 billion expansionary capital investment programme to accelerate growth in sustainable packaging and will further strengthen Mondi’s leading position in the market
In October 2020 Siam Cement Group (SCG) subsidiary SCG Packaging has launched Doozypack, a Kraft paper cement bag made using recycled paper. The company “applied the circular economy principle to the product’s development, enabling consumers to live sustainably,” according to general director Ekarach Sinnarong. Viet Nam News has reported that SCG Packaging partner Vina Kraft Paper is able to recycle Doozypack bags, along with all other SCG paper cement bags, thereby “extending the circular economic principle into the next cycle of use.
Market Taxonomy
By Type
• SOS (self-opening satchel) Type
• Slider Zipper
• Pinch & Seal
• Pinch & Seal Zipper
• Fold Top
• Twist Tie
By Application
• Fashion
• Food & Beverages
• Watches and Jewellery
• Pharmaceuticals
• Cosmetics & Personal Care
• Other Consumer Goods
By Region
• North America
• The U.S.
• Canada
• Mexico
• Latin America
• Brazil
• Argentina
• Colombia
• Peru
• Chile
• Venezuela
• Rest of Latin America
• Europe
• Germany
• France
• UK
• Russia
• Italy
• Spain
• Rest of Europe
• Asia Pacific
• China
• Japan
• India
• South Korea
• Australia
• New Zealand
• Singapore
• Malaysia
• Rest of Asia Pacific
• Middle East & Africa
• Saudi Arabia
• UAE
• Egypt
• Kuwait
• South Africa
• Rest the Middle East & Africa
Key Question Addressed by the Report
· What are the Key Opportunities in the Global Kraft Paper Bag Market?
· What will be the growth rate from 2023 to 2030?
· Which segment/region will have the highest growth?
· What are the factors that will impact/drive the Market?
· What is the role of key players in the value chain?
Global Kraft Paper Bag Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Feedstock Types
3 Executive Summary
4 Global Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing economic downturn
4.2.6 Post covid-19 world Supply& Demand conditions
4.2.7 Cumulative Impact of Russia-Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Kraft Paper Bag Market, By Type
5.1 Y-o-Y Growth Comparison, By Type
5.2 Global Kraft Paper Bag Market Share Analysis, By Type
5.3 Global Kraft Paper Bag Market Size and Forecast, By Type
5.3.1 SOS (self-opening satchel) Type
5.3.2 Slider Zipper
5.3.3 Pinch & Seal
5.3.4 Pinch & Seal Zipper
5.3.5 Fold Top
5.3.6 Twist Tie
6 Global Kraft Paper Bag Market, By Application
6.1 Y-o-Y Growth Comparison, By Application
6.2 Global Kraft Paper Bag Market Share Analysis, By Application
6.3 Global Kraft Paper Bag Market Size and Forecast, By Application
6.3.1 Fashion
6.3.2 Food & Beverages
6.3.3 Watches and Jewellery
6.3.4 Pharmaceuticals
6.3.5 Cosmetics & Personal Care
6.3.6 Other Consumer Goods
7 Global Kraft Paper Bag Market, By Region
7.1 Global Kraft Paper Bag Market Share Analysis, By Region
7.2 Global Kraft Paper Bag Market Share Analysis, By Region
7.3 Global Kraft Paper Bag Market Size and Forecast, By Region
8 North America Kraft Paper Bag Market Analysis and Forecast (2023-2030)
8.1 Introduction
8.2 North America Card Edge Connecter Market Share Analysis, By Type
8.3 North America Card Edge Connecter Market Size and Forecast, By Application
8.4 North America Card Edge Connecter Market Size and Forecast, By Country
8.4.1 U.S.
8.4.1.1 Market Size and Forecast, By Type
8.4.1.2 Market Size and Forecast, By Application
8.4.2 Canada
8.4.2.1 Market Size and Forecast, By Type
8.4.2.2 Market Size and Forecast, By Application
8.4.3 Mexico
8.4.3.1 Market Size and Forecast, By Type
8.4.3.2 Market Size and Forecast, By Application
9 Europe Kraft Paper Bag Market Analysis and Forecast (2023-2030)
9.1 Introduction
9.2 Europe Card Edge Connecter Market Share Analysis, By Type
9.3 Europe Card Edge Connecter Market Size and Forecast, By Application
9.4 Europe Card Edge Connecter Market Size and Forecast, By Country
9.4.1 Germany
9.4.1.1 Market Size and Forecast, By Type
9.4.1.2 Market Size and Forecast, By Application
9.4.2 France
9.4.2.1 Market Size and Forecast, By Type
9.4.2.2 Market Size and Forecast, By Application
9.4.3 UK
9.4.3.1 Market Size and Forecast, By Type
9.4.3.2 Market Size and Forecast, By Application
9.4.4. Russia
9.4.4.1 Market Size and Forecast, By Type
9.4.4.2 Market Size and Forecast, By Application
9.4.5 Italy
9.4.5.1 Market Size and Forecast, By Type
9.4.5.2 Market Size and Forecast, By Application
9.4.6 Spain
9.4.6.1 Market Size and Forecast, By Type
9.4.6.2 Market Size and Forecast, By Application
9.4.7 Rest of Europe
9.4.7.1 Market Size and Forecast, By Type
9.4.7.2 Market Size and Forecast, By Application
10 Asia Pacific Kraft Paper Bag Market Analysis and Forecast (2023-2030)
10.1 Introduction
10.2 Asia Pacific Card Edge Connecter Market Share Analysis, By Type
10.3 Asia Pacific Card Edge Connecter Market Size and Forecast, By Application
10.4 Asia Pacific Card Edge Connecter Market Size and Forecast, By Country
10.4.1 China
10.4.1.1 Market Size and Forecast, By Type
10.4.1.2 Market Size and Forecast, By Application
10.4.2 Japan
10.4.2.1 Market Size and Forecast, By Type
10.4.2.2 Market Size and Forecast, By Application
10.4.3 India
10.4.3.1 Market Size and Forecast, By Type
10.4.3.2 Market Size and Forecast, By Application
10.4.4 South Korea
10.4.4.1 Market Size and Forecast, By Type
10.4.4.2 Market Size and Forecast, By Application
10.4.5 Australia
10.4.5.1 Market Size and Forecast, By Type
10.4.5.2 Market Size and Forecast, By Application
10.4.6 New Zealand
10.4.6.1 Market Size and Forecast, By Type
10.4.6.2 Market Size and Forecast, By Application
10.4.7 Singapore
10.4.7.1 Market Size and Forecast, By Type
10.4.7.2 Market Size and Forecast, By Application
10.4.8 Malaysia
10.4.8.1 Market Size and Forecast, By Type
10.4.8.2 Market Size and Forecast, By Application
10.4.9 Rest of Asia
10.4.9.1 Market Size and Forecast, By Type
10.4.9.2 Market Size and Forecast, By Application
11 Latin America Kraft Paper Bag Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 Latin America Card Edge Connecter Market Share Analysis, By Type
11.3 Latin America Card Edge Connecter Market Size and Forecast, By Application
11.4 Latin America Card Edge Connecter Market Size and Forecast, By Country
11.4.1 Brazil
11.4.1.1 Market Size and Forecast, By Type
11.4.1.2 Market Size and Forecast, By Application
11.4.2 Argentina
11.4.2.1 Market Size and Forecast, By Type
11.4.2.2 Market Size and Forecast, By Application
11.4.3 Colombia
11.4.3.1 Market Size and Forecast, By Type
11.4.3.2 Market Size and Forecast, By Application
11.4.4 Peru
11.4.4.1 Market Size and Forecast, By Type
11.4.4.2 Market Size and Forecast, By Application
11.4.5 Chile
11.4.5.1 Market Size and Forecast, By Type
11.4.5.2 Market Size and Forecast, By Application
11.4.6 Venezuela
11.4.6.1 Market Size and Forecast, By Type
11.4.6.2 Market Size and Forecast, By Application
11.4.7 Rest of Latin America
11.4.7.1 Market Size and Forecast, By Type
11.4.7.2 Market Size and Forecast, By Application
12 Middle East Kraft Paper Bag Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Middle East Card Edge Connecter Market Share Analysis, By Type
12.3 Middle East Card Edge Connecter Market Size and Forecast, By Application
12.4 Middle East Card Edge Connecter Market Size and Forecast, By Country
12.4.1 Saudi Arabia
12.4.1.1 Market Size and Forecast, By Type
12.4.1.2 Market Size and Forecast, By Application
12.4.2 UAE
12.4.2.1 Market Size and Forecast, By Type
12.4.2.2 Market Size and Forecast, By Application
12.4.3 Egypt
12.4.3.1 Market Size and Forecast, By Type
12.4.3.2 Market Size and Forecast, By Application
12.4.4 Kuwait
12.4.4.1 Market Size and Forecast, By Type
12.4.4.2 Market Size and Forecast, By Application
12.4.5 South Africa
12.4.5.1 Market Size and Forecast, By Type
12.4.5.2 Market Size and Forecast, By Application
12.4.6 Rest of Middle East & Africa
12.4.6.1 Market Size and Forecast, By Type
12.4.6.2 Market Size and Forecast, By Application
13 Competitive Analysis
13.1 Competition Dashboard
13.2 Market share Analysis of Top Vendors
13.3 Key Development Strategies
14 Company Profiles
14.1 Segezha Group
14.1.1 Overview
14.1.2 Offerings
14.1.3 Key Financials
14.1.4 Business Segment & Geographic Overview
14.1.5 Key Market Developments
14.1.6 Key Strategies
14.2 WestRock
14.2.1 Overview
14.2.2 Offerings
14.2.3 Key Financials
14.2.4 Business Segment & Geographic Overview
14.2.5 Key Market Developments
14.2.6 Key Strategies
14.3 Priya Paper Products
14.3.1 Overview
14.3.2 Offerings
14.3.3 Key Financials
14.3.4 Business Segment & Geographic Overview
14.3.5 Key Market Developments
14.3.6 Key Strategies
14.4 Gascogne
14.4.1 Overview
14.4.2 Offerings
14.4.3 Key Financials
14.4.4 Business Segment & Geographic Overview
14.4.5 Key Market Developments
14.4.6 Key Strategies
14.5 SCG Packaging
14.5.1 Overview
14.5.2 Offerings
14.5.3 Key Financials
14.5.4 Business Segment & Geographic Overview
14.5.5 Key Market Developments
14.5.6 Key Strategies
14.6 The Mondi Group
14.6.1 Overview
14.6.2 Offerings
14.6.3 Key Financials
14.6.4 Business Segment & Geographic Overview
14.6.5 Key Market Developments
14.6.6 Key Strategies
14.7 BillerudKorsnas
14.7.1 Overview
14.7.2 Offerings
14.7.3 Key Financials
14.7.4 Business Segment & Geographic Overview
14.7.5 Key Market Developments
14.7.6 Key Strategies
14.8 Smurfit Kappa
14.8.1 Overview
14.8.2 Offerings
14.8.3 Key Financials
14.8.4 Business Segment & Geographic Overview
14.8.5 Key Market Developments
14.8.6 Key Strategies
14.9 Nordic Paper
14.9.1 Overview
14.9.2 Offerings
14.9.3 Key Financials
14.9.4 Business Segment & Geographic Overview
14.9.5 Key Market Developments
14.9.6 Key Strategies
14.10 Canfor Corporation
14.10.1 Overview
14.10.2 Offerings
14.10.3 Key Financials
14.10.4 Business Segment & Geographic Overview
14.10.5 Key Market Developments
14.10.6 Key Strategies