The global kraft paper bag market is projected to reach $6.2 billion by 2030, growing at a CAGR of 4.6%, according to a recent analysis from Box Packaging Partners.
The analysis highlights key trends driving this expansion.
The report emphasizes North America's current dominance, driven by strong U.S. demand, a robust industrial base, and a booming e-commerce sector. Key factors fueling the market include:
-
Increasing demand for sustainable packaging solutions.
-
Growth in e-commerce, requiring durable and eco-friendly packaging.
-
Rising adoption of kraft bags in the food and beverage industry.
-
Regulatory pressures, such as plastic bag bans, encouraging alternatives.
The report notes that kraft bags are increasingly utilized by e-commerce platforms, food and beverage companies, and sustainability-focused businesses. Companies choosing kraft bags should consider factors like product size, weight, customer experience, brand image, and the paper's basis weight.
The retail packaging market presents a significant opportunity for kraft bags, offering versatility, cost-efficiency, and branding potential.
This information is based on an analysis by Box Packaging Partners, a provider of packaging solutions.