Paper Bags Market With Complete SWOT Analysis by Forecast to
2030

Paper Bags Market
research report by Delvens focuses on primary sections such as – market
segments, market outlook, competitive landscape, and company profiles. The
segments provide details in terms of various perspectives such as end-use
industry, product or service type, and any other relevant segmentation as per
the market’s current scenario which includes various aspects to perform further
marketing activity, Paper Bags Market size was estimated at USD 3.7 billion in
2023 and is projected to reach USD 5.2 billion in 2030 at a CAGR of 4.8% during
the forecast period 2024-2030.

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In regions like India, rapid urbanization and rising
disposable incomes are boosting demand for premium paper bags. The government’s
push to reduce plastic usage, exemplified by the National Green Tribunal's ban
on non-biodegradable plastic bags in Delhi and the initiatives by state-owned
enterprises, further enhances the adoption of paper bags.

The market is also supported by the growing popularity of
paper bags in the cosmetics and personal care sectors, where brand image and
packaging aesthetics are crucial. As awareness of the health hazards associated
with plastic increases, consumers are increasingly opting for paper bags,
fostering a robust growth trajectory.

Asia pacific to
Dominate the Market

Asia-Pacific dominated the paper bags market in 2022,
accounting for the largest revenue share. This growth is fueled by increasing
demand for biodegradable and organic paper bags, particularly in countries like
India, China, and Japan. Consumers are becoming more environmentally conscious,
driving the shift toward sustainable packaging solutions.

Additionally, significant advancements in technology and
innovation within the region have enhanced production capabilities. The
presence of major manufacturers further supports the market's expansion. As
awareness of environmental issues rises, the demand for eco-friendly packaging
alternatives continues to grow, positioning Asia-Pacific as a key player in the
paper bags market.

Recent Developments

WestRock has introduced a new line of biodegradable paper
bags designed for the retail industry. These bags have increased durability and
compostability, which aligns with the company’s commitment to sustainability
and responds to growing consumer demand for environmentally friendly products.

Smurfit Kappa has formed a strategic partnership with a
major North American retailer to provide customized paper bags. This
collaboration aims to replace plastic bags with sustainable paper alternatives,
reflecting both companies’ commitment to reducing environmental impact and
complying with new regulations.

Competitive Landscape
of Paper Bags Market

·       
Smurfit Kappa Group

·       
Mondi Group

·       
WestRock Company

·       
International Paper

·       
Novolex

·       
DS Smith

·       
Graham Packaging Company

·       
Sealed Air Corporation

·       
Pregis Corporation

·       
KapStone Paper and Packaging

·       
Paper Bags Limited

·       
Eco-Products

·       
Genpak

·       
Hilex Poly Co. LLC

·       
Transcontinental Inc. and More

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In addition to the
market data for the Paper Bags Market, Delvens offers client-centric reports
customized according to the company’s specific demand and requirements.

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