Market Size in 2022 | Market Forecast in 2030 | CAGR (in %) | Base Year |
---|---|---|---|
USD 3.47 Billion | USD 5 Billion | 4.61% | 2022 |
FrequentlyAsked Questions
A paper bag is a carrier made of paper which is generally in the form of kraft paper. It is also known as paperboard and is produced from chemical pulp that is manufactured in a krafting process.
The global paper bags packaging market is projected to grow owing to the increased awareness amongst the population and world leaders about the importance of environmental sustainability and growth.
According to study, the global paper bags packaging market size was worth around USD 3.47 billion in 2022 and is predicted to grow to around USD 5 billion by 2030.
The CAGR value of the paper bags packaging market is expected to be around 4.61% during 2023-2030.
The global paper bags packaging market is projected to register the highest growth in Europe due to the higher rate of product adoption, Countries like France, Germany, and Italy are the largest contributors to the regional growth.
The global paper bags packaging market is led by players like Langston Companies Inc., WestRock Company, Welton Bibby & Baron Ltd, Mondi, B&H Bag Company, Smurfit Kappi, Bee Dee Bags, Huhtamaki Group, Primepac Industrial Limited, Oji Holdings Corporation, Ecobags NZ, and NOVOLEX.
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