PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1466195
PUBLISHER: Blueweave Consulting | PRODUCT CODE: 1466195
India Paper Bags Market, By Product Type; By Material Type; By Thickness; By End User; By Region, Trend Analysis, Competitive Landscape & Forecast, 2019-2030
India Paper Bags Market Size Booming at Robust CAGRs to Reach USD 985.35 Million and 4.1 Billion Units by 2030
India Paper Bags Market is flourishing due to increasing environmental awareness and regulations, rising consumer preferences and lifestyle changes, and growing retail and packaging trends.
BlueWeave Consulting, a leading strategic consulting and market research firm, in its recent study, estimated the India Paper Bags Market size by value at USD 760.21 million in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the India Paper Bags Market size to expand at a CAGR of 13.65% reaching a value of USD 985.35 million by 2030. The Paper Bags market in India is propelled by rapid urbanization and increasing level of disposable income. Also, the government's supportive initiatives aimed at reducing single-use plastics, such as bans imposed by the National Green Tribunal and state-owned institutions like Indian Railways and Air India, are driving the adoption of paper bags across various industries. Market players are capitalizing on this trend by introducing visually appealing paper bags, offering significant growth opportunities for manufacturers during the forecast period.
By volume, BlueWeave estimated the India Paper Bags Market size at 3.5 billion units in 2023. During the forecast period between 2024 and 2030, BlueWeave expects the India Paper Bags Market size by volume is projected to grow at a CAGR of 12.78% reaching the volume of 4.1 billion units by 2030. India ranks 15th globally in paper manufacturing, with a capacity of 12.7 million tons. Also, India contributes 2.6% to global paper production, supported by over 750 paper mills, primarily in states like West Bengal, Andhra Pradesh, and Gujarat. Despite 89% capacity utilization, demand exceeds production, with an estimated 13.1 million tons required. By 2024-25, demand is expected to surge to 23.5 million tons, signaling potential growth opportunities for the industry.
Opportunities - Increasing innovations in paper bag design
Innovations in biodegradable and recyclable materials are reshaping the paper bag industry, introducing sustainable packaging solutions. Recent advancements in material science have unlocked bio-based alternatives sourced from renewable reservoirs like cornstarch and sugarcane. These eco-conscious materials not only mirror the functionality and durability of traditional paper bags but also mitigate environmental impact by naturally decomposing without harmful residues. Moreover, the integration of recyclable coatings and additives heightens the recyclability of paper bags, appealing to environmentally mindful consumers and adhering to regulatory standards and corporate sustainability objectives. By prioritizing biodegradable and recycled content, companies position themselves as pioneers in eco-conscious innovation, securing enduring growth and prosperity in an increasingly environmentally conscious marketplace.
Impact of Escalating Geopolitical Tensions on India Paper Bags Market
Geopolitical tensions can have a multifaceted impact on the India Paper Bags Market. Increased uncertainties may affect the supply chain, leading to potential shortages of raw materials or disruptions in manufacturing processes. Trade restrictions or tariffs imposed amidst geopolitical conflicts can elevate production costs, impacting pricing and profitability for manufacturers. Moreover, heightened tensions may dampen consumer confidence, affecting purchasing behaviors and overall market demand. Foreign investments essential for market expansion may also dwindle, hindering growth prospects. To navigate these challenges, industry players may need to adapt strategies, prioritize domestic sourcing, and diversify markets to mitigate the impact of geopolitical instability on the India Paper Bags Market.
India Paper Bags Market
Segmental Coverage
India Paper Bags Market - By Product Type
By product type, the India Paper Bags Market is divided into Sewn Open Mouth, Pinched Bottom Open Mouth, Pasted Valve, Pasted Open Mouth, and Flat Bottom segments. The flat bottom segment holds the highest share in the India Paper Bags Market by product type. The segment's popularity stems from its versatility and practicality, offering stability and ample space for various items. Its appeal is further enhanced by its suitability for branding and customization, making it a preferred choice for businesses aiming for eco-friendly packaging solutions. With increasing environmental consciousness and regulatory pressures, the flat bottom segment is expected to maintain its leading position in the Indian market for paper bags.
Competitive Landscape
The India Paper Bags Market is fragmented, with numerous players serving the market. The key players dominating the India Paper Bags Market include Adeera Pack, Friends Engineering Corporation, Allied Propack Pvt Ltd, Qed Kares Packers Pvt Ltd, Dutta Enterprise, KP Industries, Surya Ventures, and Wellworth Packers Pvt Ltd. The key marketing strategies adopted by the players are facility expansion, product diversification, alliances, collaborations, partnerships, and acquisitions to expand their customer reach and gain a competitive edge in the overall market.
The report's in-depth analysis provides information about growth potential, upcoming trends, and the India Paper Bags Market statistics. It also highlights the factors driving forecasts of total market size. The report promises to provide recent technology trends in the India Paper Bags Market along with industry insights to help decision-makers make sound strategic decisions. Furthermore, the report also analyses the growth drivers, challenges, and competitive dynamics of the market.
Table of Contents
1. Research Framework
- 1.1. Research Objective
- 1.2. Product Overview
- 1.3. Market Segmentation
2. Executive Summary
3. India Paper Bags Market Insights
- 3.1. Industry Value Chain Analysis
- 3.2. DROC Analysis
- 3.2.1. Growth Drivers
- 3.2.1.1. Rising Environmental Concerns
- 3.2.1.2. Government Regulations
- 3.2.1.3. Increasing Disposable Incomes
- 3.2.1.4. Rapid Urbanization
- 3.2.2. Restraints
- 3.2.2.1. Paper Cost and Availability
- 3.2.2.2. Stringent Forestry Regulations
- 3.2.2.3. Durability and Reusability
- 3.2.3. Opportunities
- 3.2.3.1. Increasing Innovation in Paper Bag Design
- 3.2.3.2. E-commerce Growth
- 3.2.3.3. Focus on Biodegradable and Recycled Content
- 3.2.4. Challenges
- 3.2.4.1. Competition from Other Sustainable Packaging Options
- 3.2.4.2. Consumer Behavior and Awareness
- 3.2.1. Growth Drivers
- 3.3. Technological Advancements/Recent Developments
- 3.4. Regulatory Framework
- 3.5. Porter's Five Forces Analysis
- 3.5.1. Bargaining Power of Suppliers
- 3.5.2. Bargaining Power of Buyers
- 3.5.3. Threat of New Entrants
- 3.5.4. Threat of Substitutes
- 3.5.5. Intensity of Rivalry
4. India Paper Bags Market: Pricing Analysis
5. India Paper Bags Market: Marketing Strategies
6. India Paper Bags Market Overview
- 6.1. Market Size & Forecast, 2019-2030
- 6.1.1. By Value (USD Million)
- 6.2. Market Share & Forecast
- 6.2.1. By Product
- 6.2.1.1. Sewn Open Mouth
- 6.2.1.2. Pinched Bottom Open Mouth
- 6.2.1.3. Pasted Valve
- 6.2.1.4. Pasted Open Mouth
- 6.2.1.5. Flat Bottom
- 6.2.1.6. Others
- 6.2.2. By Material Type
- 6.2.2.1. Brown Kraft
- 6.2.2.2. White Kraft
- 6.2.3. By Thickness
- 6.2.3.1. 1 PLY
- 6.2.3.2. 2 PLY
- 6.2.3.3. 3 PLY
- 6.2.3.4. >3 PLY
- 6.2.4. By Distribution Channel
- 6.2.4.1. Online
- 6.2.4.2. Offline
- 6.2.5. By End Use Industry
- 6.2.5.1. Food & Beverages
- 6.2.5.2. Pharmaceutical
- 6.2.5.3. Retail
- 6.2.5.4. Construction
- 6.2.5.5. Chemicals
- 6.2.5.6. Others
- 6.2.6. By Region
- 6.2.6.1. North India
- 6.2.6.2. South India
- 6.2.6.3. East India
- 6.2.6.4. West India
- 6.2.1. By Product
7. North India Paper Bags Market Overview
- 7.1. Market Size & Forecast, 2019-2030
- 7.1.1. By Value (USD Million)
- 7.2. Market Share & Forecast
- 7.2.1. By Product
- 7.2.2. By Material Type
- 7.2.3. By Thickness
- 7.2.4. By Distribution Channel
- 7.2.5. By End Use Industry
8. South India Paper Bags Market Overview
- 8.1. Market Size & Forecast, 2019-2030
- 8.1.1. By Value (USD Million)
- 8.2. Market Share & Forecast
- 8.2.1. By Product
- 8.2.2. By Material Type
- 8.2.3. By Thickness
- 8.2.4. By Distribution Channel
- 8.2.5. By End Use Industry
9. East India Paper Bags Market Overview
- 9.1. Market Size & Forecast, 2019-2030
- 9.1.1. By Value (USD Million)
- 9.2. Market Share & Forecast
- 9.2.1. By Product
- 9.2.2. By Material Type
- 9.2.3. By Thickness
- 9.2.4. By Distribution Channel
- 9.2.5. By End Use Industry
10. West India Paper Bags Market Overview
- 10.1. Market Size & Forecast, 2019-2030
- 10.1.1. By Value (USD Million)
- 10.2. Market Share & Forecast
- 10.2.1. By Product
- 10.2.2. By Material Type
- 10.2.3. By Thickness
- 10.2.4. By Distribution Channel
- 10.2.5. By End Use Industry
11. India Paper Bags Market: Import & Export
12. Competitive Landscape
- 12.1. List of Key Players and Their Offerings
- 12.2. India Oncology Drugs Company Market Share Analysis, 2023
- 12.3. Competitive Benchmarking, By Operating Parameters
- 12.4. Key Strategic Development (Mergers, Acquisitions, Partnerships, etc.)
13. Impact of Escalating Geopolitical Tensions in India Paper Bags Market
14. Company Profiles (Company Overview, Financial Matrix, Competitive landscape, Key Personnel, Key Competitors, Contact Address, Strategic Outlook, and SWOT Analysis)
- 14.1. Elson Packaging Industries Pvt Ltd
- 14.2. Eco Bags India
- 14.3. Hannu Sacks Pvt Ltd
- 14.4. Stanpacks (India) Ltd
- 14.5. Caravan Paper Products
- 14.6. Paper Bag Mfg Co
- 14.7. Energyspin Private Limited
- 14.8. VY Global Paper Bags Pvt Ltd
- 14.9. Mallinath Industries
- 14.10. Shivalik Paper and Packaging
- 14.11. Devam Laminate Industries
- 14.12. Polywrap India
- 14.13. Other Prominent Players
15. Key Strategic Recommendations
16. Research Methodology
- 16.1. Qualitative Research
- 16.1.1. Primary & Secondary Research
- 16.2. Quantitative Research
- 16.3. Market Breakdown & Data Triangulation
- 16.3.1. Secondary Research
- 16.3.2. Primary Research
- 16.4. Breakdown of Primary Research Respondents, By Region
- 16.5. Assumption & Limitation
*Financial information of non-listed companies will be provided as per availability
**The segmentation and the companies are subjected to modifications based on in-depth secondary for the final deliverable
List of Figures
- Figure 1 India Paper Bags Market Segmentation
- Figure 2 India Paper Bags Market Value Chain Analysis
- Figure 3 Company Market Share Analysis, 2023
- Figure 4 India Paper Bags Market Size, By Value (USD Million), 2019-2030
- Figure 5 India Paper Bags Market Share, By Product, By Value (USD Million), 2019-2030
- Figure 6 India Paper Bags Market Share, By Material Type, By Value (USD Million), 2019-2030
- Figure 7 India Paper Bags Market Share, By Thickness, By Value (USD Million), 2019-2030
- Figure 8 India Paper Bags Market Share, By Distribution Channel, By Value (USD Million), 2019-2030
- Figure 9 India Paper Bags Market Share, By End Use Industry, By Value (USD Million), 2019-2030
- Figure 10 India Paper Bags Market Share, By Region, By Value (USD Million), 2019-2030
- Figure 11 North India Paper Bags Market Size, By Value (USD Million), 2019-2030
- Figure 12 North India Paper Bags Market Share, By Product, By Value (USD Million), 2019-2030
- Figure 13 North India Paper Bags Market Share, By Material Type, By Value (USD Million), 2019-2030
- Figure 14 North India Paper Bags Market Share, By Thickness, By Value (USD Million), 2019-2030
- Figure 15 North India Paper Bags Market Share, By Distribution Channel, By Value (USD Million), 2019-2030
- Figure 16 North India Paper Bags Market Share, By End Use Industry, By Value (USD Million), 2019-2030
- Figure 17 South India Paper Bags Market Size, By Value (USD Million), 2019-2030
- Figure 18 South India Paper Bags Market Share, By Product, By Value (USD Million), 2019-2030
- Figure 19 South India Paper Bags Market Share, By Material Type, By Value (USD Million), 2019-2030
- Figure 20 South India Paper Bags Market Share, By Thickness, By Value (USD Million), 2019-2030
- Figure 21 South India Paper Bags Market Share, By Distribution Channel, By Value (USD Million), 2019-2030
- Figure 22 India Paper Bags Market Share, By End Use Industry, By Value (USD Million), 2019-2030
- Figure 23 East India Paper Bags Market Size, By Value (USD Million), 2019-2030
- Figure 24 East India Paper Bags Market Share, By Product, By Value (USD Million), 2019-2030
- Figure 25 East India Paper Bags Market Share, By Material Type, By Value (USD Million), 2019-2030
- Figure 26 East India Paper Bags Market Share, By Thickness, By Value (USD Million), 2019-2030
- Figure 27 East India Paper Bags Market Share, By Distribution Channel, By Value (USD Million), 2019-2030
- Figure 28 East India Paper Bags Market Share, By End Use Industry, By Value (USD Million), 2019-2030
- Figure 29 West India Paper Bags Market Size, By Value (USD Million), 2019-2030
- Figure 30 West India Paper Bags Market Share, By Product, By Value (USD Million), 2019-2030
- Figure 31 West India Paper Bags Market Share, By Material Type, By Value (USD Million), 2019-2030
- Figure 32 West India Paper Bags Market Share, By Thickness, By Value (USD Million), 2019-2030
- Figure 33 West India Paper Bags Market Share, By Distribution Channel, By Value (USD Million), 2019-2030
- Figure 34 West India Paper Bags Market Share, By End Use Industry, By Value (USD Million), 2019-2030
List of Tables
- Table 1 India Paper Bags Market Size, By Value (USD Million), 2019-2030
- Table 2 India Paper Bags Market Share, By Product, By Value (USD Million), 2019-2030
- Table 3 India Paper Bags Market Share, By Material Type, By Value (USD Million), 2019-2030
- Table 4 India Paper Bags Market Share, By Thickness, By Value (USD Million), 2019-2030
- Table 5 India Paper Bags Market Share, By Distribution Channel, By Value (USD Million), 2019-2030
- Table 6 India Paper Bags Market Share, By End Use Industry, By Value (USD Million), 2019-2030
- Table 7 India Paper Bags Market Share, By Region, By Value (USD Million), 2019-2030
- Table 8 North India Paper Bags Market Size, By Value (USD Million), 2019-2030
- Table 9 North India Paper Bags Market Share, By Product, By Value (USD Million), 2019-2030
- Table 10 North India Paper Bags Market Share, By Material Type, By Value (USD Million), 2019-2030
- Table 11 North India Paper Bags Market Share, By Thickness, By Value (USD Million), 2019-2030
- Table 12 North India Paper Bags Market Share, By Distribution Channel, By Value (USD Million), 2019-2030
- Table 13 North India Paper Bags Market Share, By End Use Industry, By Value (USD Million), 2019-2030
- Table 14 South India Paper Bags Market Size, By Value (USD Million), 2019-2030
- Table 15 South India Paper Bags Market Share, By Product, By Value (USD Million), 2019-2030
- Table 16 South India Paper Bags Market Share, By Material Type, By Value (USD Million), 2019-2030
- Table 17 South India Paper Bags Market Share, By Thickness, By Value (USD Million), 2019-2030
- Table 18 South India Paper Bags Market Share, By Distribution Channel, By Value (USD Million), 2019-2030
- Table 19 South India Paper Bags Market Share, By End Use Industry, By Value (USD Million), 2019-2030
- Table 20 East India Paper Bags Market Size, By Value (USD Million), 2019-2030
- Table 21 East India Paper Bags Market Share, By Product, By Value (USD Million), 2019-2030
- Table 22 East India Paper Bags Market Share, By Material Type, By Value (USD Million), 2019-2030
- Table 23 East India Paper Bags Market Share, By Thickness, By Value (USD Million), 2019-2030
- Table 24 East India Paper Bags Market Share, By Distribution Channel, By Value (USD Million), 2019-2030
- Table 25 East India Paper Bags Market Share, By End Use Industry, By Value (USD Million), 2019-2030
- Table 26 West India Paper Bags Market Size, By Value (USD Million), 2019-2030
- Table 27 West India Paper Bags Market Share, By Product, By Value (USD Million), 2019-2030
- Table 28 West India Paper Bags Market Share, By Material Type, By Value (USD Million), 2019-2030
- Table 29 West India Paper Bags Market Share, By Thickness, By Value (USD Million), 2019-2030
- Table 30 West India Paper Bags Market Share, By Distribution Channel, By Value (USD Million), 2019-2030
- Table 31 West India Paper Bags Market Share, By End Use Industry, By Value (USD Million), 2019-2030
- Table 32 Elson Packaging Industries Pvt Ltd Company Overview
- Table 33 Elson Packaging Industries Pvt Ltd Company Overview
- Table 34 Eco Bags India Company Overview
- Table 35 Eco Bags India Company Overview
- Table 36 Hannu Sacks Pvt Ltd Company Overview
- Table 37 Hannu Sacks Pvt Ltd Company Overview
- Table 38 Stanpacks (India) Ltd Company Overview
- Table 39 Stanpacks (India) Ltd Company Overview
- Table 40 Caravan Paper Products Company Overview
- Table 41 Caravan Paper Products Company Overview
- Table 42 Paper Bag Mfg Co Company Overview
- Table 43 Paper Bag Mfg Co Company Overview
- Table 44 Energyspin Private Limited Company Overview
- Table 45 Energyspin Private Limited Company Overview
- Table 46 VY Global Paper Bags Pvt Ltd Company Overview
- Table 47 VY Global Paper Bags Pvt Ltd Company Overview
- Table 48 Mallinath Industries Company Overview
- Table 49 Mallinath Industries Company Overview
- Table 50 Shivalik Paper and Packaging Company Overview
- Table 51 Shivalik Paper and Packaging Company Overview
- Table 52 Devam Laminate Industries Company Overview
- Table 53 Devam Laminate Industries Company Overview
- Table 54 Polywrap India Company Overview
- Table 55 Polywrap India Company Overview
