Business Report: Paper Bags Market For India
IMARC Group has recently released a new research study titled “India Paper Bags Market: Industry Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2027“, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends, and competitive landscape to understand the current and future market scenarios.
The India paper bags market size reached US$ 650 Million in 2021. Looking forward, IMARC Group expects the market to reach US$ 896.2 Million by 2027, exhibiting a growth rate (CAGR) of 5.3% during 2022-2027.
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Paper bags are reliable, dependable, and lightweight storage containers that are manufactured from several paper-based materials, including recycled kraft and parchment papers. These elements are further subjected to several mechanical and chemical processes to get the desired weight and color. In contrast to plastic bags, paper bags are entirely biodegradable, recyclable, reusable and inflict the least negative environmental impact; thus, they are utilized as packaging solutions in grocery shops. Currently, paper bags are available in varying sizes and forms, such as handled bags, flat paper, and multiwall paper sacks.
Business Opportunities Factors:
Rapid urbanization, the sudden emergence of retail and micro-level sellers, and the increasing need for various eco-friendly premium paper bags as a shopping carrier to pack consumer goods are mainly driving the market toward growth in India.
Furthermore, the enforcement of green initiatives by governments for limiting the uptake of single-use plastics owing to escalating consumer awareness regarding its detrimental environmental impact has augmented the demand for sustainable packaging solutions, such as paper bags, which is propelling the market growth. Furthermore, the extensive product usage with food-grade liners to pack processed edible items and products to maintain their flavor, aroma, texture, and quality for an extended period is impelling the market growth.
Besides this, the continuous launch of aesthetically attractive paper bags in diverse designs by key players for branding and marketing purposes is creating a positive outlook for the India paper bags market across the nation.
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Competitive Analysis and Segmentation:
The report has segmented the India paper bags market on the basis of product type, material type, thickness, distribution channel, end use industry and region.
Segment by Product Type:
- Sewn Open Mouth
- Pinched Bottom Open Mouth
- Pasted Valve
- Pasted Open Mouth
- Flat Bottom
Segment by Material Type:
- Brown Kraft
- White Kraft
Based on Thickness:
- 1 Ply
- 2 Ply
- 3 Ply
- > 3 Ply
Based on Distribution Channel:
Market By End Use Industry:
- Food and Beverages
- North India
- West and Central India
- South India
- East India
Read TOC: https://www.imarcgroup.com/india-paper-bags-market/toc
Key Highlights of the Report:
- Market Performance (2016-2021)
- Market Outlook (2022-2027)
- Market Trends
- Market Drivers and Success Factors
- Impact of COVID-19
- Value Chain Analysis
- Comprehensive mapping of the competitive landscape
In case you need any specific business requirements, you can mention the same. We can customize the report based on the specific needs of the client.
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
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