The Paper Bag Market in North America is being driven by Growing emphasis on sustainable packaging solutions
The Paper Bag Market in North America is expected to grow at a CAGR of 7% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 1302.6 million. In the North American paper bag market, the adoption of advanced technology for traceability is gaining momentum due to the rising demand for transparency, accountability, and streamlined supply chain management. The implementation of technology-driven traceability solutions, such as quick response (QR) codes, significantly enhances supply chain visibility for paper bags. These codes offer numerous benefits, including the ability to promote products on social media, gather customer feedback, and provide support services. Additionally, QR codes can serve as valuable branding opportunities within various industries, enabling companies to offer customers comprehensive product information, thereby improving the overall customer experience.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
214 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 7% |
Market growth 2025-2029 |
USD 1302.6 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
6.7 |
Key countries |
US, Canada, and Mexico |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
Find out which segment is leading the market by accessing the free PDF report
The paper bag market in North America encompasses various sectors, including paper bag manufacturing and bag converting. Paper bag suppliers provide custom-printed and branded bags with innovative designs and packaging solutions. Bag production involves automation in processes like sealing, handling, dispensing, filling, and closing for enhanced packaging efficiency. Sustainable sourcing, recycling infrastructure, and circular economy are key considerations, with a focus on paper bag recycling and biodegradable polymers. Consumer behavior and retail trends influence the use of paper bags, while packaging trends favor digital printing technology and flexible packaging alternatives.
The Paper Bag Market in North America is a significant segment of the global Paper and Plastic Packaging Products and Materials market. Paper packaging, specifically kraft paper, recycled paper, and brown paper, is a preferred choice for various industries due to its eco-friendliness and cost-effectiveness. Paper packaging offers advantages such as lightweight, biodegradability, and recyclability, making it suitable for grocery bags and retail bags. In contrast, plastics are extensively used in packaging for their performance, durability, and cost-effectiveness. Plastics, including polyvinyl chloride, polypropylene, and polyethylene, cater to diverse packaging needs across sectors. Both paper and plastics play crucial roles in protecting, preserving, and transporting goods efficiently.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/
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