PUBLISHER: TechNavio | PRODUCT CODE: 1473740
PUBLISHER: TechNavio | PRODUCT CODE: 1473740
The paper bag market in North America is forecasted to grow by USD 926.54 mn during 2023-2028, accelerating at a CAGR of 6.46% during the forecast period. The report on the paper bag market in North America provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing emphasis on sustainable packaging solutions, increasing government regulations banning use of plastic packaging materials, and growth in e-commerce industry.
Technavio's paper bag market in North America is segmented as below:
Market Scope | |
---|---|
Base Year | 2024 |
End Year | 2028 |
Series Year | 2024-2028 |
Growth Momentum | Accelerate |
YOY 2024 | 6.32% |
CAGR | 6.46% |
Incremental Value | $926.54mn |
By Material
By End-user
This study identifies the integration of advanced technology for traceability in paper bags as one of the prime reasons driving the paper bag market in North America growth during the next few years. Also, increasing number of M and As among market vendors and new product launches by market vendors will lead to sizable demand in the market.
The report on the paper bag market in North America covers the following areas:
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading paper bag market in North America vendors that include American Paper Bag, Atlantic Packaging Products Ltd., Bulldog Bag Ltd., Frontenac Group, Hood Packaging Corp., Huhtamaki Oyj, Inteplast Group, International Paper Co., JohnPac, Kari Out Co., Koch Industries Inc., MapleLeaf Green, Material Motion Inc., Mondi Plc, Novolex, ProAmpac, Sonoco Products Co., United Bags Inc., WestRock Co., and Global Pak Inc.. Also, the paper bag market in North America analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.
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