Industry Background:
A paper bag is made from paper, mostly by using paper Kraft. Paper bags are commonly used for shopping, packaging, and sacks. As these bags packaging are environment eco-friendly as well as renewable and hence, the initiatives taken by governments in terms of the use of eco-friendly bags, boosting the growth of the paper bags packaging market during the upcoming years. The types of paper bags includes flat paper bag, multi-wall paper sacks and others.
This growth is primarily driven by Increasing Consumer Awareness about sustainable Packaging, Regulation about Environment-Friendly Product Usage and Rising Demand from End-User Industries.
Globally, a noticeable market trend is evident Growing Demand for Packaging from E-Commerce Industry
. The Paper Packaging sector in the North America region has been increasing at a sustainable rate and further growth is expected to be witnessed over the forecast period, owing to the robust investments and expansion in production facilities in the region. Major Vendors, such as Burgo Group Spa (Italy), Asia Pulp & Paper Co. Ltd. (APP) (Indonesia), Boise Inc. (United States), Dunn Paper Company (United States), Twin Rivers Paper Company Inc. (United States), Verso Corporation (United States), Oji Holdings Corporation (Japan), South African Pulp and Paper Industries Limited (Sappi Limited) (South Africa), Nippon Paper Industries Co., Ltd (Japan) and Hotpack Packaging Industries (United Arab Emirates) etc have either set up their manufacturing facilities or are planning to start new provision in the dominated region in the upcoming years.
Key Developments in the Market:
On 10th December 2018, PT Purinusa Ekapersada, an Asia Pulp & Paper company, and Oji Holdings Corporation have agreed to enter into a 35 million dollars joint venture to set up a new converting factory in Indonesia. and On 5th December 2018, Smurfit Kappa Group has acquired The packaging leader has acquired the Caradec Box Plant in the Morbihan County and the Saint Pol de Léon site in the Finistére County, reinforcing its capabilities in the fruit and vegetable sector. This acquisition helps Smurfit Kappa Group to strengthen its presence in France.
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.
Regulatory Insights:
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.
Market Drivers
- Increasing Consumer Awareness about sustainable Packaging
- Regulation about Environment-Friendly Product Usage
- Rising Demand from End-User Industries
Market Trend
- Growing Demand for Packaging from E-Commerce Industry
- Growing Preference for Hygienic Packaging
Restraints
- Firm Deforestation Regulation in Many Countries around the Globe
- The Incompetence of Paper Bags Packaging for Heavy Material
Opportunities
3D Printing or Additive Manufacturing, IOT, and Robot Process Automation Are Used In Paper Bags Packaging and Ban On Light Wait Packaging Bags
AMA Research follow a focused and realistic research framework that provides the ability to study the crucial market dynamics in several regions across the world. Moreover, an in-depth assessment is mostly conducted by our analysts on geographical regions to provide clients and businesses the opportunity to dominate in niche markets and expand in emerging markets across the globe. This market research study also showcase the spontaneously changing Vendors landscape impacting the growth of the market. Furthermore, our market researchers extensively analyse the products and services offered by multiple players competing to increase their market share and presence.
Customization in the Report
AMA Research features not only specific market forecasts, but also include significant value-added commentary on:
- Market Trends
- Technological Trends and Innovations
- Market Maturity Indicators
- Growth Drivers and Constraints
- New Entrants into the Market & Entry/Exit Barriers
- To Seize Powerful Market Opportunities
- Identify Key Business Segments, Market Proposition & Gap Analysis
Against this Challenging Backdrop, Paper Bag Packaging Study Sheds Light on
The Paper Bag Packaging Market status quo and key characteristics. To end this, Analyst at AMA organize and took survey of the Paper Bag Packaging industry Vendors. The resultant snapshot serves as a basis for understanding why and how the industry can be expected to change.
Where Paper Bag Packaging industry is heading and what are the top priorities. Insights are drawn from financial analysis, the survey and interviews with key executives and industry experts.
How every company in this diverse set of Vendors can best navigate the emerging competition landscape and follow a strategy that helps them position to hold value they currently claim, or capture the new addressable opportunity.