Retail Paper Bags Market Scope
Concerns over the overuse of plastic bags, especially their contribution to marine litter, are growing. Most countries have responded by enacting bans, fees, and other measures to curb their usage. While a general reduction in superfluous packaging will be a useful contribution to a circular and less wasteful economy, paper bags offer an appealing and practical alternative due to their natural and regenerative features. Paper is made from wood, which is a natural and renewable resource. Paper bags do not affect aquatic life due to their natural biodegradable properties. Factors such as the increasing use of environmentally friendly materials have boosted demand for paper bags in the retail business.
The Retail Paper Bags market study is segmented by Type (S.O.S. Bags, Pinch-Bottom Bags, Merchandise Bags, Euro Tote, Bakery Bags and Others) and major geographies with country level break-up.
The companies are exploring the market by adopting mergers & acquisitions, expansions, investments, new service launches and collaborations as their preferred strategies. The players are exploring new geographies through expansions and acquisitions to avail a competitive advantage through combined synergies. Research Analyst at AMA estimates that United States Vendors will contribute to the maximum growth of Global Retail Paper Bags market throughout the predicted period.
Smurfit Kappa Group PLC (Ireland), International Paper Company (United States), Attwoods Packaging Company (New Zealand), BioPak Pty Ltd (Australia), Mondi Group PLC (United Kingdom), El Dorado Packaging, Inc. (United States), Global-Pak, Inc (United States), The Carry Bag Company (Auckland), Welton Bibby And Baron Limited (United Kingdom) and GreenPack Limited (India) are some of the key players that are part of study coverage. Additionally, the Vendors which are also part of the research are Coveris Holdings S.A. (Austria), American Packaging Corporation (United States), IMEX Packaging (United States), Novolex Holdings Inc. (United States), Rainbow Packaging Inc. (India) and Rutan Poly Industries, Inc. (United States).
The research aims to propose a patent-based approach in searching for potential technology partners as a supporting tool for enabling open innovation. The study also proposes a systematic searching process of technology partners as a
preliminary step to select the emerging and key players that are involved in implementing market estimations. While patent analysis is employed to overcome the aforementioned data- and process-related limitations, as expenses occurred in that technology allows us to estimate the market size by evolving segments as target market from total available market.
AMA Research has segmented the market of Global Retail Paper Bags market by Type, Application and Region.
On the basis of geography, the market of Retail Paper Bags has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico).
Market Leaders and their expansionary development strategies
On 15th December, 2020 - Novolex Acquired B&H Bag Company (Leading Paper Bag Manufacturer). The B&H Business Will Be Integrated into The Novolex Duro Bag Business, Enhancing Duro's Customer Service by Boosting Production Capacity to Serve Broader Range of Customers Globally. and On 27th February, 2020 - Opal Packaging Australia Pty Ltd, a wholly Owned Subsidiary of Paper Australia Pty Ltd (Australian Paper), Proposed Acquisition of PP New Pty Ltd. Orora Limited's Australian Paper and Recycling, Fibre Packaging, And Sacks and Bags Businesses Are All Included in The Proposed Transaction.
On 11th May, 2020 - Drylock Introduced Paper Bag Diaper Packaging, Soon-To-Be Launched at Several European Retailers. The New Biodegradable and Ecologically Friendly Packaging Strives to Answer the Demands of Customers and Consumers for More Environmentally Friendly Packaging.
- Emergence of Advance Recycling Technologies
- Rising Sustainability Awareness
- Increasing Implementation of Biodegradable Products
- Increasing Adoption Across European Regions
- High Investment in Waste Management
- Raw Material Price Fluctuation
- Fierce Competitive Pressure
Key Target AudienceRetail Paper Bag Manufactures, New Entrants and Investors, Retail Paper Bag Distributors and Suppliers, Venture Capitalists, Government Bodies, Corporate Entities, Government and Private Research Organizations and Others
Frequently Asked Questions (FAQ):
1. Is it possible to have certain customization in the study?
The Study can be customized to meet your requirements. Please connect with our representative, who will ensure you get a study that suits your business objectives.
2. How big is the Retail Paper Bags Market?
Yes, the study does represent market size by key business segment, application/end users and major geographies forecasted till 2026.