Global Craft Bags Market Size study & Forecast, by Product Type, by Application and Regional Analysis, 2022-2029

Description

List of Tables

Global Craft Bags Market is valued approximately at USD 1501.25 million in 2021 and is anticipated to grow with a healthy growth rate of more than 4.4% over the forecast period 2022-2029. Craft bags are manufactured through paper produced from the chemical pulp during craft process. Bags made primarily of craft materials are used to package groceries. There are typically two types of craft bags on the market: white and brown. Craft bags are typically used to carry lightweight items like fruit and other foods. The key factors driving the market growth is the rising demand for eco-friendly sustainable packaging solution, increasing demand in food and beverages packaging, growing personal care and grocery product market and rising demand for flexible packaging solution.

According to Statista, in 2020, the flexible packaging market is valued at USD 42.64 billion and the market is anticipated to reach USD 56.26 billion by 2025. Also, according to the 2021 Global Buying Green Report, more than half of respondents (54%) consider about sustainable packaging when choosing a product, and younger consumers (aged 44 and under) are the one who are driving this trend. Compared to 70% of customers overall, 83% of people in that age group say they are willing to pay more for products that have been packaged sustainably. As a result, rising demand for flexible and sustainable packaging is anticipated to creates the demand for market. Also, rapidly growing retail industry would create lucrative opportunity fir the market during forecast period. However, the high cost of bags may stifle market growth throughout the forecast period of 2022-2029.

The key regions considered for the Global Craft Bags Market study includes Asia Pacific, North America, Europe, Latin America, and Rest of the World. North America is the dominating region across the world in terms of market share, owing to the growing consumer awareness regarding eco-friendly and biodegradable packaging products in the region. Europe is also anticipated to exhibit highest growth rate over the forecast period, owing to factors such as rapidly rising retail industry, expansion of food and beverages industry would create lucrative growth prospects for the Craft Bags market across Europe region.

Major market players included in this report are:

The International Paper Company

Stanpac

Kent Paper & Packaging

BioPak

Genpak, LLC

Bemis Company Incorporated

Berry Plastics Corporation

Novolex

Linpac Packaging Limited

APL Packaging Ltd

Recent Developments in the Market:

In 2019, Huhtamaki announced the acquisition Everest Flexibles (Pty) Limited ("Everest") a South African flexible packaging manufacturer. Through this acquisition company expanded its market and customer base.
In 2022, ProAmpac, a global flexible packaging provider announced the acquisition of Specialty Packaging, Inc., a manufacturer of film and foil packaging products, and specialty paper for the food services industries. Through this acquisition, company expanded its product portfolio globally.

Global Craft Bags Market Report Scope:

Historical Data: 2019-2020-2021

Base Year for Estimation: 2021

Forecast period: 2022-2029

Report Coverage Revenue forecast, Company Ranking, Competitive Landscape, Growth factors, and Trends

Segments Covered Product, Application, Region

Regional Scope North America; Europe; Asia Pacific; Latin America; Rest of the World

Customization Scope Free report customization (equivalent up to 8 analyst's working hours) with purchase. Addition or alteration to country, regional & segment scope*

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 years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within countries involved in the study.

The report also caters detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, it also incorporates potential 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 Product Type:

Block Bottom Craft Bags

Paper Carry Bags

Checkout Craft Bags

Confectionery Craft Bags

Others

By Application:

Craft Bags for Grocery

Craft Bags for Food

Craft Bags for Pharmaceuticals

Craft Bags for Customer Goods

Craft Bags for Stationary

Craft Bags for Confectionery

Craft Bags for Cosmetics

Craft Bags for Other Applications

By Region:

North America

U.S.

Canada

Europe

Germany

France

Spain

Italy

ROE

Asia Pacific

China

India

Japan

Australia

South Korea

RoAPAC

Latin America

Brazil

Mexico

Rest of the World

Chapter 1. Executive Summary

1.1. Market Snapshot
1.2. Global & Segmental Market Estimates & Forecasts, 2019-2029 (USD Million)
- 1.2.1. Craft Bags Market, by region, 2019-2029 (USD Million)
- 1.2.2. Craft Bags Market, by Product Type, 2019-2029 (USD Million)
- 1.2.3. Craft Bags Market, by Application, 2019-2029 (USD Million)
1.3. Key Trends
1.4. Estimation Methodology
1.5. Research Assumption

Chapter 2. Global Craft Bags 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 Craft Bags Market Dynamics

3.1. Craft Bags Market Impact Analysis (2019-2029)
- 3.1.1. Market Drivers
  - 3.1.1.1. Rising demand for eco-friendly packaging solution
  - 3.1.1.2. Increasing demand in food and beverages packaging
- 3.1.2. Market Challenges
  - 3.1.2.1. High cost of bags
- 3.1.3. Market Opportunities
  - 3.1.3.1. Growing retail industry

Chapter 4. Global Craft Bags 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
4.2. Futuristic Approach to Porter's 5 Force Model (2019-2029)
4.3. PEST Analysis
- 4.3.1. Political
- 4.3.2. Economic
- 4.3.3. Social
- 4.3.4. Technological
4.4. Investment Adoption Model
4.5. Analyst Recommendation & Conclusion
4.6. Top investment opportunity
4.7. Top winning strategies

Chapter 5. Risk Assessment: COVID-19 Impact

5.1. Assessment of the overall impact of COVID-19 on the industry
5.2. Pre COVID-19 and post COVID-19 Market scenario

Chapter 6. Global Craft Bags Market, by Product Type

6.1. Market Snapshot
6.2. Global Craft Bags Market by Product Type, Performance - Potential Analysis
6.3. Global Craft Bags Market Estimates & Forecasts by Product Type 2019-2029 (USD Million)
6.4. Craft Bags Market, Sub Segment Analysis
- 6.4.1. Block Bottom Craft Bags
- 6.4.2. Paper Carry Bags
- 6.4.3. Checkout Craft Bags
- 6.4.4. Confectionery Craft Bags
- 6.4.5. Others

Chapter 7. Global Craft Bags Market, by Application

7.1. Market Snapshot
7.2. Global Craft Bags Market by Application, Performance - Potential Analysis
7.3. Global Craft Bags Market Estimates & Forecasts by Application 2019-2029 (USD Million)
7.4. Craft Bags Market, Sub Segment Analysis
- 7.4.1. Craft Bags for Grocery
- 7.4.2. Craft Bags for Food
- 7.4.3. Craft Bags for Pharmaceuticals
- 7.4.4. Craft Bags for Customer Goods
- 7.4.5. Craft Bags for Stationary
- 7.4.6. Craft Bags for Confectionery
- 7.4.7. Craft Bags for Cosmetics
- 7.4.8. Craft Bags for Other Applications

Chapter 8. Global Craft Bags Market, Regional Analysis

8.1. Craft Bags Market, Regional Market Snapshot
8.2. North America Craft Bags Market
- 8.2.1. U.S. Craft Bags Market
  - 8.2.1.1. Product Type breakdown estimates & forecasts, 2019-2029
  - 8.2.1.2. Application breakdown estimates & forecasts, 2019-2029
- 8.2.2. Canada Craft Bags Market
8.3. Europe Craft Bags Market Snapshot
- 8.3.1. U.K. Craft Bags Market
- 8.3.2. Germany Craft Bags Market
- 8.3.3. France Craft Bags Market
- 8.3.4. Spain Craft Bags Market
- 8.3.5. Italy Craft Bags Market
- 8.3.6. Rest of Europe Craft Bags Market
8.4. Asia-Pacific Craft Bags Market Snapshot
- 8.4.1. China Craft Bags Market
- 8.4.2. India Craft Bags Market
- 8.4.3. Japan Craft Bags Market
- 8.4.4. Australia Craft Bags Market
- 8.4.5. South Korea Craft Bags Market
- 8.4.6. Rest of Asia Pacific Craft Bags Market
8.5. Latin America Craft Bags Market Snapshot
- 8.5.1. Brazil Craft Bags Market
- 8.5.2. Mexico Craft Bags Market
8.6. Rest of The World Craft Bags Market

Chapter 9. Competitive Intelligence

9.1. Top Market Strategies
9.2. Company Profiles
- 9.2.1. The International papers Company
  - 9.2.1.1. Key Information
  - 9.2.1.2. Overview
  - 9.2.1.3. Financial (Subject to Data Availability)
  - 9.2.1.4. Product Summary
  - 9.2.1.5. Recent Developments
- 9.2.2. Stanpac
- 9.2.3. Kent Paper & Packaging
- 9.2.4. BioPak
- 9.2.5. Genpak, LLC
- 9.2.6. Bemis Company Incorporated
- 9.2.7. Berry Plastics Corporation
- 9.2.8. Novolex
- 9.2.9. Linpac Packaging Limited
- 9.2.10. APL Packaging Ltd

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

LIST OF TABLES

TABLE 1. Global Craft Bags Market, report scope
TABLE 2. Global Craft Bags Market estimates & forecasts by Region 2019-2029 (USD Million)
TABLE 3. Global Craft Bags Market estimates & forecasts by Product Type 2019-2029 (USD Million)
TABLE 4. Global Craft Bags Market estimates & forecasts by Application 2019-2029 (USD Million)
TABLE 5. Global Craft Bags Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 6. Global Craft Bags Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 7. Global Craft Bags Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 8. Global Craft Bags Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 9. Global Craft Bags Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 10. Global Craft Bags Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 11. Global Craft Bags Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 12. Global Craft Bags Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 13. Global Craft Bags Market by segment, estimates & forecasts, 2019-2029 (USD Million)
TABLE 14. Global Craft Bags Market by region, estimates & forecasts, 2019-2029 (USD Million)
TABLE 15. U.S. Craft Bags Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 16. U.S. Craft Bags Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 17. U.S. Craft Bags Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 18. Canada Craft Bags Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 19. Canada Craft Bags Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 20. Canada Craft Bags Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 21. UK Craft Bags Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 22. UK Craft Bags Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 23. UK Craft Bags Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 24. Germany Craft Bags Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 25. Germany Craft Bags Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 26. Germany Craft Bags Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 27. France Craft Bags Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 28. France Craft Bags Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 29. France Craft Bags Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 30. Italy Craft Bags Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 31. Italy Craft Bags Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 32. Italy Craft Bags Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 33. Spain Craft Bags Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 34. Spain Craft Bags Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 35. Spain Craft Bags Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 36. RoE Craft Bags Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 37. RoE Craft Bags Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 38. RoE Craft Bags Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 39. China Craft Bags Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 40. China Craft Bags Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 41. China Craft Bags Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 42. India Craft Bags Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 43. India Craft Bags Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 44. India Craft Bags Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 45. Japan Craft Bags Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 46. Japan Craft Bags Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 47. Japan Craft Bags Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 48. South Korea Craft Bags Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 49. South Korea Craft Bags Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 50. South Korea Craft Bags Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 51. Australia Craft Bags Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 52. Australia Craft Bags Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 53. Australia Craft Bags Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 54. RoAPAC Craft Bags Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 55. RoAPAC Craft Bags Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 56. RoAPAC Craft Bags Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 57. Brazil Craft Bags Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 58. Brazil Craft Bags Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 59. Brazil Craft Bags Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 60. Mexico Craft Bags Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 61. Mexico Craft Bags Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 62. Mexico Craft Bags Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 63. RoLA Craft Bags Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 64. RoLA Craft Bags Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 65. RoLA Craft Bags Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 66. Row Craft Bags Market estimates & forecasts, 2019-2029 (USD Million)
TABLE 67. Row Craft Bags Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 68. Row Craft Bags Market estimates & forecasts by segment 2019-2029 (USD Million)
TABLE 69. List of secondary sources, used in the study of global Craft Bags Market
TABLE 70. List of primary sources, used in the study of global Craft Bags Market
TABLE 71. Years considered for the study
TABLE 72. Exchange rates considered

List of tables and figures and dummy in nature, final lists may vary in the final deliverable

LIST OF FIGURES

List of figures

FIG 1. Global Craft Bags Market, research methodology
FIG 2. Global Craft Bags Market, Market estimation techniques
FIG 3. Global Market size estimates & forecast methods
FIG 4. Global Craft Bags Market, key trends 2021
FIG 5. Global Craft Bags Market, growth prospects 2022-2029
FIG 6. Global Craft Bags Market, porters 5 force model
FIG 7. Global Craft Bags Market, pest analysis
FIG 8. Global Craft Bags Market, value chain analysis
FIG 9. Global Craft Bags Market by segment, 2019 & 2029 (USD Million)
FIG 10. Global Craft Bags Market by segment, 2019 & 2029 (USD Million)
FIG 11. Global Craft Bags Market by segment, 2019 & 2029 (USD Million)
FIG 12. Global Craft Bags Market by segment, 2019 & 2029 (USD Million)
FIG 13. Global Craft Bags Market by segment, 2019 & 2029 (USD Million)
FIG 14. Global Craft Bags Market, regional snapshot 2019 & 2029
FIG 15. North America Craft Bags Market 2019 & 2029 (USD Million)
FIG 16. Europe Craft Bags Market 2019 & 2029 (USD Million)
FIG 17. Asia pacific Craft Bags Market 2019 & 2029 (USD Million)
FIG 18. Latin America Craft Bags Market 2019 & 2029 (USD Million)
FIG 19. Global Craft Bags Market, company Market share analysis (2021)