India Paper Bags Market Outlook and Competitive Landscape by 2027
According to the latest report by IMARC Group, titled “India Paper Bags Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027,” , offers a comprehensive analysis of the industry, which comprises insights on India paper bags market share. The report also includes competitor and regional analysis, and contemporary advancements in the market
Year Considered to Estimate the Market Size:
Base Year of the Analysis: 2021
Historical Period: 2016-2021
Forecast Period: 2022-2027
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.
Market Outlook:
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.
Market Growth Drivers and Trends:
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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India Paper Bags Market 2022-2027 Competitive Analysis and Segmentation:
Market Segmentation of the India Paper Bags Industry:
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.
India Paper Bags Market by Product Type:
Sewn Open Mouth
Pinched Bottom Open Mouth
Pasted Valve
Pasted Open Mouth
Flat Bottom
Others
India Paper Bags Market by Material Type:
Brown Kraft
White Kraft
India Paper Bags Market by Thickness:
1 Ply
2 Ply
3 Ply
> 3 Ply
India Paper Bags Market by Distribution Channel:
Online
Offline
India Paper Bags Market by End Use Industry:
Food and Beverages
Pharmaceutical
Retail
Construction
Chemicals
Others
Regional Analysis:
North India
West and Central India
South India
East India
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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
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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.
Our offerings include comprehensive market intelligence in the form of research reports, production cost reports, feasibility studies, and consulting services. Our team, which includes experienced researchers and analysts from various industries, is dedicated to providing high-quality data and insights to our clientele, ranging from small and medium businesses to Fortune 1000 corporations.
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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