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Global Kraft Paper Shopping Bag Market to reach USD 6.54 billion by 2028.

Global Kraft Paper Shopping Bag Market Size study, by Type (Solid Unbleached Board (SUB), White Line Chipboard, Speciality Paper, Recycled Paper, Solid Bleached Board (SBB)), by Application (Food Industry, Agriculture & Allied Industries, Homecare & Personal Care, Chemicals & Petrochemicals, Healthcare & Pharmaceuticals, Others) and Regional Forecasts 2022-2028

Product Code: OIRCGS-36247745
Publish Date: 6-05-2022
Page: 200

Global Kraft Paper Shopping Bag Market is valued at approximately USD 5.0 billion in 2021 and is anticipated to grow with a healthy growth rate of more than 3.9 % over the forecast period 2022-2028. Kraft paper, which is a paper formed from wood pulp produced through the Kraft process, is used to make standard brown paper bags. Brown Kraft paper is not bleached, making it a three-in-one product: biodegradable, compostable, and recyclable. By processing wood chips with a particular mixture to break down the wood’s original bonds, the procedure Kraft process transforms wood into wood pulp. After the procedure is complete, the pulp is pressed into paper using a machine that looks like a printer. It rolls out blank sheets of paper in long thin slices instead of printing with ink.. Rising concerns related to environment, rising awareness among consumers and rising development by key players have driven the adoption of Kraft Paper Shopping Bags across the projected period. For Instance: The Mondi Group launched a new line of eco-friendly paper bags that can be used in small, medium, and large sizes, boosting sales of Kraft paper shopping bags, while the Smurfit Kappa Group comes with a new line of packaging, including industrial and retail paper bags, boosting sales of kraft paper shopping bags. Also, expansion of new outlets and franchises and presence of high growth economies are most likely to boost the overall growth of the Kraft Paper Shopping Bag market. However, rising concerns about deforestation can obstruct the market’s expansion over the projection period of 2021-2027.

The key regions considered for the global Kraft Paper Shopping Bag market study include Asia Pacific, North America, Europe, Latin America and Rest of the World. North America is the leading region across the world. Rising popularity and continuous development are driving the market growth in North America. Whereas, Asia Pacific is also anticipated to exhibit the highest growth rate over the forecast period 2021-2027. The market is expected to grow during the projected period, due to presence of high growth economies and rising awareness among consumers.

Major market players included in this report are:

Smurfit Kappa Group
The Mondi Group
International Paper Company
Novolex Holdings Inc.
BillerudKorsnas AB
Westrock Company
United Bags, Inc.
B&H Bag Company
Hotpack Packaging Industries LLC
National Paper Products Company

The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:

By Type:
Solid Unbleached Board (SUB)
White Line Chipboard
Speciality Paper
Recycled Paper
Solid Bleached Board (SBB)

By Application:
Food Industry
Agriculture & Allied Industries
Homecare & Personal Care
Chemicals & Petrochemicals
Healthcare & Pharmaceuticals
Others

By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year – 2018, 2019, 2020
Base year – 2021
Forecast period – 2022 to 2028

Target Audience of the Global Kraft Paper Shopping Bag Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors

Chapter 1. Executive Summary
1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2020-2028 (USD Billion)
1.2.1. Kraft Paper Shopping Bag Market, by Region, 2020-2028 (USD Billion)
1.2.2. Kraft Paper Shopping Bag Market, by Type, 2020-2028 (USD Billion)
1.2.3. Kraft Paper Shopping Bag Market, by Application, 2020-2028 (USD Billion)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption
Chapter 2. Global Kraft Paper Shopping Bag Market Definition and Scope
2.1. Objective of the Study
2.2. Market Definition & Scope
2.2.1. Scope of the Study
2.2.2. Industry Evolution
2.3. Years Considered for the Study
2.4. Currency Conversion Rates
Chapter 3. Global Kraft Paper Shopping Bag Market Dynamics
3.1. Kraft Paper Shopping Bag Market Impact Analysis (2020-2028)
3.1.1. Market Drivers
3.1.1.1. Rising Concerns related to Environment
3.1.1.2. Rising Awareness among Consumers
3.1.1.3. Rising development by key players
3.1.2. Market Challenges
3.1.2.1. Rising concerns about Deforestation

3.1.3. Market Opportunities
3.1.3.1. Expansion of New Outlets and Franchise
3.1.3.2. Presence of High Growth economies

Chapter 4. Global Kraft Paper Shopping Bag Market Industry Analysis
4.1. Porter’s 5 Force Model
4.1.1. Bargaining Power of Suppliers
4.1.2. Bargaining Power of Buyers
4.1.3. Threat of New Entrants
4.1.4. Threat of Substitutes
4.1.5. Competitive Rivalry
4.1.6. Futuristic Approach to Porter’s 5 Force Model (2018-2028)
4.2. PEST Analysis
4.2.1. Political
4.2.2. Economical
4.2.3. Social
4.2.4. Technological
4.3. Investment Adoption Model
4.4. Analyst Recommendation & Conclusion
4.5. Top investment opportunity
4.6. Top winning strategies
Chapter 5. Risk Assessment: COVID-19 Impact
5.1.1. Assessment of the overall impact of COVID-19 on the Application
5.1.2. Pre COVID-19 and post COVID-19 market scenario
Chapter 6. Global Kraft Paper Shopping Bag Market, by Type
6.1. Market Snapshot
6.2. Global Kraft Paper Shopping Bag Market by Type, Performance – Potential Analysis
6.3. Global Kraft Paper Shopping Bag Market Estimates & Forecasts by Type, 2018-2028 (USD Billion)
6.4. Kraft Paper Shopping Bag Market, Sub Segment Analysis
6.4.1. Solid Unbleached Board (SUB)
6.4.2. White Line Chipboard
6.4.3. Speciality Paper
6.4.4. Recycled Paper
6.4.5. Solid Bleached Board (SBB)

Chapter 7. Global Kraft Paper Shopping Bag Market, by Application
7.1. Market Snapshot
7.2. Global Kraft Paper Shopping Bag Market by Application, Performance – Potential Analysis
7.3. Global Kraft Paper Shopping Bag Market Estimates & Forecasts by Application, 2018-2028 (USD Billion)
7.4. Kraft Paper Shopping Bag Market, Sub Segment Analysis
7.4.1. Food Industry
7.4.2. Agriculture & Allied Industries
7.4.3. Homecare & Personal Care
7.4.4. Chemicals & Petrochemicals
7.4.5. Healthcare & Pharmaceuticals
7.4.6. Others

Chapter 8. Global Kraft Paper Shopping Bag Market, Regional Analysis

8.1. Kraft Paper Shopping Bag Market, Regional Market Snapshot
8.2. North America Kraft Paper Shopping Bag Market
8.2.1. U.S. Kraft Paper Shopping Bag Market
8.2.1.1. Type breakdown estimates & forecasts, 2018-2028
8.2.1.2. Application breakdown estimates & forecasts, 2018-2028
8.2.2. Canada Kraft Paper Shopping Bag Market
8.3. Europe Kraft Paper Shopping Bag Market Snapshot
8.3.1. U.K. Kraft Paper Shopping Bag Market
8.3.2. Germany Kraft Paper Shopping Bag Market
8.3.3. France Kraft Paper Shopping Bag Market
8.3.4. Spain Kraft Paper Shopping Bag Market
8.3.5. Italy Kraft Paper Shopping Bag Market
8.3.6. Rest of Europe Kraft Paper Shopping Bag Market
8.4. Asia-Pacific Kraft Paper Shopping Bag Market Snapshot
8.4.1. China Kraft Paper Shopping Bag Market
8.4.2. India Kraft Paper Shopping Bag Market
8.4.3. Japan Kraft Paper Shopping Bag Market
8.4.4. Australia Kraft Paper Shopping Bag Market
8.4.5. South Korea Kraft Paper Shopping Bag Market
8.4.6. Rest of Asia Pacific Kraft Paper Shopping Bag Market
8.5. Latin America Kraft Paper Shopping Bag Market Snapshot
8.5.1. Brazil Kraft Paper Shopping Bag Market
8.5.2. Mexico Kraft Paper Shopping Bag Market
8.6. Rest of The World Kraft Paper Shopping Bag Market

Chapter 9. Competitive Intelligence
9.1. Top Market Strategies
9.2. Company Profiles
9.2.1 Smurfit Kappa Group
9.2.1.1 Key Information
9.2.1.2 Overview
9.2.1.3 Financial (Subject to Data Availability)
9.2.1.4 Application Summary
9.2.1.5 Recent Developments

9.2.2 The Mondi Group
9.2.3 International Paper Company
9.2.4 Novolex Holdings Inc.
9.2.5 BillerudKorsnas AB
9.2.6 Westrock Company
9.2.7 United Bags, Inc.
9.2.8 B&H Bag Company
9.2.9 Hotpack Packaging Industries LLC
9.2.10 National Paper Products Company
Chapter 10. Research Process

10.1 Research Process
10.1.1 Data Mining
10.1.2 Analysis
10.1.3 Market Estimation
10.1.4 Validation
10.1.5 Publishing
10.2 Research Attributes
10.3 Research Assumption

At Bizwit Research and Consultancy, we employ a thorough and iterative research methodology with the goal of minimizing discrepancies, ensuring the provision of highly accurate estimates and predictions over the forecast period. Our approach involves a combination of bottom-up and top-down strategies to effectively segment and estimate quantitative aspects of the market, utilizing our proprietary data & AI tools. Our Proprietary Tools allow us for the creation of customized models specific to the research objectives. This enables us to develop tailored statistical models and forecasting algorithms to estimate market trends, future growth, or consumer behavior. The customization enhances the accuracy and relevance of the research findings.
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Critical elements of methodology employed for all our studies include:
Data Collection:
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In addition to primary sources, we extensively utilize secondary sources to enhance our research. These include directories, databases, journals focusing on related industries, company newsletters, and information portals such as Bloomberg, D&B Hoovers, and Factiva. These secondary sources enable us to identify and gather valuable information for our comprehensive, technical, market-oriented, and commercial study of the market. Additionally, we utilize AI algorithms to automate the collection of vast amounts of data from various sources such as surveys, social media platforms, online transactions, and web scraping. And employ Big Data technologies for storage and processing of large datasets, ensuring that no valuable information is missed during the data collection process.
Data Analysis:
Our team of experts carefully examine the gathered data using suitable statistical techniques and qualitative analysis methods. For quantitative analysis, we employ descriptive statistics, regression analysis, and other advanced statistical methods, depending on the characteristics of the data. This analysis may also incorporate the utilization of AI tools and big data analysis techniques to extract meaningful insights.
To ensure the accuracy and reliability of our findings, we extensively leverage data science techniques, which help us minimize discrepancies and uncertainties in our analysis. We employ Data Science to clean and preprocess the data, ensuring its quality and reliability. This involves handling missing data, removing outliers, standardizing variables, and transforming data into suitable formats for analysis. The application of data science techniques enhances our accuracy, efficiency, and depth of analysis, enabling us to stay competitive in dynamic market environments.
Market Size Estimation:
Our proprietary data tools play a crucial role in deriving our market estimates and forecasts. Each study involves the creation of a unique and customized model. The model incorporates the gathered information on market dynamics, technology landscape, application development, and pricing trends. AI techniques, such as machine learning and deep learning, aid us to analyze patterns within the data to identify correlations, trends, and relationships. By recognizing patterns in consumer behavior, purchasing habits, or market dynamics, our AI algorithms aid us in more precise estimations of market size. These factors are simultaneously analyzed within the model, allowing for a comprehensive assessment. To quantify their impact over the forecast period, correlation, regression, and time series analysis are employed.
To estimate and validate the market size, we employ both top-down and bottom-up approaches. The preference is given to a bottom-up approach, where key regional markets are analyzed as separate entities. This data is then integrated to obtain global estimates. This approach is crucial as it provides a deep understanding of the industry and helps minimize errors.
In our forecasting process, we consider various parameters such as economic tools, technological analysis, industry experience, and domain expertise. By taking all these factors into account, we strive to produce accurate and reliable market forecasts. When forecasting, we take into consideration several parameters, which include:
Market driving trends and favorable economic conditions
Restraints and challenges that are expected to be encountered during the forecast period.
Anticipated opportunities for growth and development
Technological advancements and projected developments in the market
Consumer spending trends and dynamics
Shifts in consumer preferences and behaviors.
The current state of raw materials and trends in supply versus pricing
Regulatory landscape and expected changes or developments.
The existing capacity in the market and any expected additions or expansions up to the end of the forecast period.
To assess the market impact of these parameters, we assign weights to each one and utilize weighted average analysis. This process allows us to quantify their influence on the market and derive an expected growth rate for the forecasted period. By considering these various factors and applying a weighted analysis approach, we strive to provide accurate and reliable market forecasts.
Insight Generation & Report Presentation:
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