Paper Bags Packaging Market: Trends, Growth, and Future Outlook

The global paper bag packaging market size was valued at USD 6.91 billion in 2023. It is projected to grow from USD 7.26 billion in 2024 to USD 11.30 billion by 2032, exhibiting a CAGR of 5.69% during the forecast period. Asia Pacific dominated the paper bag packaging market with a market share of 33.29% in 2023.

The global paper bags packaging market has witnessed significant growth in recent years, driven by increasing environmental awareness, stringent regulations on plastic usage, and shifting consumer preferences toward sustainable packaging solutions. Paper bags are widely used in retail, food and beverage, pharmaceuticals, and other industries due to their biodegradability, recyclability, and cost-effectiveness.

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Some of the Key Companies Profiled in the Report:

• Smurfit Kappa (Ireland)
• International Paper Company (U.S.)
• Huhtamaki Oyj (Finland)
• Mondi (U.K.)
• Rengo Co. Ltd. (Japan)
• Oji Holdings Corporation (Japan)
• Welton Bibby & Baron Ltd (U.K.)
• Novolex Holdings Inc. (U.S.)
• ProAmpac (U.S.)
• United Bags (U.S.)
• Global-Pak (U.S.)
• Ronpack (U.S.)
• Packman Packaging (India)

According to recent market research, the global paper bag packaging market size was valued at USD 6.91 billion in 2023. It is projected to grow from USD 7.26 billion in 2024 to USD 11.30 billion by 2032. The demand is fueled by: