Global Paper Bags market cagr 10.5%

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Paper Bags Market

Paper Bags Market Scope: Industry Analysis, Market

Size, Growth, Trends Till 2031

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Paper Bags Market Size and Growth

The global paper bags market is experiencing robust growth, driven by increasing environmental concerns and the decline of plastic usage. The market size was valued at approximately $4.5 billion in 2023, with projections to exceed $6 billion by 2030. Demand is rising in retail, food services, and packaging sectors.

Companies Covered (Covid 19 Impact Covered)

◍ Mondi

◍ Napco National

◍ Shuaiba Industrial Company (K.P.S.C)

◍ NCC (National Company for Cement)

◍ OYKA

◍ Taurus Packaging

◍ Papyrus Paper Products LTD

◍ Sacks Packaging

◍ BillerudKorsnäs

◍ Manchester Paper Bags

◍ Go Green

◍ Hotpack Packaging

◍ Pack Tec Group

◍ Kiki Bags Principal

◍ Western Modern Pac

◍ Huhtamaki Group

The paper bags market features key players like Mondi, Huhtamaki, and Taurus Packaging, focusing on sustainable solutions. These companies innovate with eco-friendly products, enhancing market growth. For instance, Mondi reported €7.2 billion in revenue, while Huhtamaki's revenue was €3.7 billion, driving further investment in sustainable packaging solutions.

Market Segmentation

By Application

By Product

Re-Usable Paper Bags ◍ Food and Beverages ◍ Consumer Goods ◍ Pharmaceuticals

Chemicals

Others

◍ Single Use Paper Bags

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Market Growth

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$ X Billion USD

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Global Paper Bags market cagr 10.5% by ReportPrime - Issuu