In Europe, The Packaging (Essential Requirements) Regulations (1998) implement the single market provisions of the EC Directive on Packaging & Packaging Waste in United Kingdom Law. The Regulations comprise the manufacturing & composition of packaging together with the reusable & recoverable nature of packaging. These are apply to packaging placed on the market in the United Kingdom as packed or filled packaging. In 2012, a voluntary Industry Guideline for the Compliance of Paper and Board Materials & Articles for Food Contact was published by the Confederation of European Paper Industries (CEPI) & the International Confederation of Paper & Board Converters in Europe (CITPA). In 2015, the German Federal Institute for Risk Assessment (BfR) has released a recommendation on paper and board in contact with food.
The article cited AMA's "Global Paper Bag Packaging Market Study" explored substantial growth in North America and CAGR of %. According to the report, Growing Demand for Packaging from E-Commerce Industry
is one of the primary growth factors for the market. Increasing Consumer Awareness about sustainable Packaging
is also expected to contribute significantly to the Paper Bag Packaging market. Overall, applications of Paper Bag Packaging, and the growing awareness of them, is what makes this segment of the industry important to its overall growth. The End Use Industry, such as Food & Beverage, is boosting the Paper Bag Packaging market. Additionally, the rising demand from SMEs and various industry verticals, macro-economic growth are the prime factors driving the growth of the market.
AMAs Analyst on the Global Paper Bag Packaging market identified that the demand is rising in many different parts of the world as "3D Printing or Additive Manufacturing, IOT, and Robot Process Automation Are Used In Paper Bags Packaging
". Furthermore, some recent industry insights like "On 22nd August 2018, Asia Pulp & Paper (APP) and Paptech, a full-service printing, packaging manufacturer and distributor based in Mexico, to provide food brands a new sustainable packaging solution are collaborated. and On 4th June 2018, Twin Rivers Paper Company LLC has acquired paper mill located in Pine Bluff, Arkansas, produces specialty packaging, label, publishing, and technical specialty papers as well as dimensional lumber." is constantly making the industry dynamic.
The report provides an in-depth analysis and forecast about the industry covering the following key features: o Industry outlook including current and future market trends, drivers, restraints, and emerging technologies o Analyses the Global Paper Bag Packaging market according to Type, Application, and regions o Analyzes the top 10 players in terms of market reach, business strategy, and business focus o Provides stakeholders insights and key drivers & trends of the market
**The market is valued based on weighted average selling price (WASP) and includes any applicable taxes on manufacturers. All currency conversions used in the creation of this report have been calculated using constant annual average 2018 currency rates.
Market Size Estimation In market engineering method, both top-down and bottom-up approaches have been used, along with various data triangulation process, to predict and validate the market size of the Paper Bag Packaging market and other related sub-markets covered in the study.
o Key & emerging players in the market have been observed through secondary research. o The industrys supply chain and overall market size, in terms of value, have been derived through primary and secondary research processes. o All percentage shares, splits, and breakdowns have been determined using secondary sources and verified through primary sources.
Data Triangulation The overall Paper Bag Packaging market size is calculated using market estimation process, the Paper Bag Packaging market was further split into various segments and sub-segments. To complete the overall market engineering and arriving at the exact statistics for all segments and sub-segments, the market breakdown and data triangulation procedures have been utilized, wherever applicable. The data have been triangulated by studying various influencing factors and trends identified from both demand and supply sides of various applications involved in the study. Along with this, the Global Paper Bag Packaging market size has been validated using both top-down and bottom-up approaches.