The Food Service Paper Bags Market will register a healthy growth between 2020 and 2030, developing at a CAGR of 5.4%. The study also predicts that the market will achieve a global value of US$1.45 billion by 2030.
In a similar vein, the proliferation of online food delivery and the growing trend of delivery food is having a positive impact on the adoption of paper bags in food service applications. As end users seek robust, leak-proof packaging solutions, manufacturers are emphasizing innovation in product design.
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Paper some of the most popular names on the market including WestRock Company, Huhtamaki Oyj, Paperbags Limited, Novolex Holdings LLC, Ronpak Inc., The Mondi Group LLC, Amcor Ltd., Vegware Ltd., Stora Enso Oyj., Smurfit Kappa Group, International Company, Georgia Pacific LLC, Welton Bibby And Baron Limited, Biopac (UK), United Bags Inc. and Global-Pak.
Growing concerns about plastics
In recent years, concerns about environmental pollution and the role of plastics have become a challenge for environmental groups and governments in their efforts to contain environmental pollution.
The organization is working to raise awareness among both suppliers and consumers. For example, in commemoration of World Environment Day 2018, India’s Minister of Environment, Forestry and Climate Change Coalition has urged industry to eliminate plastic use, noting that the country generates 25,000 tonnes of plastic waste each year.
Paper bags meet consumer demands for safe, leak-free and recyclable packaging solutions . Paper bags are increasingly replacing plastic packaging solutions in regions where takeaway and online food delivery trends are emerging.
Impact of COVID-19 on Food Service Paper Bags Market
The outbreak of COVID-19 is having a dual impact on the packaging industry, which is clearly reflected in the demand for paper bags in the food service sector. As people around the world are locked up at home, packaged foods have emerged as a solution to their food cravings.
With efficient online food delivery services, consumers are relying on online ordering. This will help maintain some level of demand for paper bags over the forecast period. However, the closures of restaurants and other food stores and restrictions on the production side will challenge the steady growth of the market during the pandemic.
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Application: Early penetration of plastics
Over the years, plastics have solidified their position in the food service industry as a packaging solution, and an immediate paradigm shift from plastics to paper products is not feasible. Similarly, plastic has an edge over paper in terms of physical properties such as toughness, high spill resistance and high tear resistance.
Who is the winner?
The major players in the market are focusing on producing sustainable products to comply with established norms for packaging methodologies. In a similar vein, traditional growth strategies such as mergers, acquisitions and expansions will continue to shape the competitive landscape. On the next line:
Material Type:
Key questions answered in the report
In a similar vein, the proliferation of online food delivery and the growing trend of delivery food is having a positive impact on the adoption of paper bags in food service applications. As end users seek robust, leak-proof packaging solutions, manufacturers are emphasizing innovation in product design.
Get a sample of the report: https://www.futuremarketinsights.com/...
Paper some of the most popular names on the market including WestRock Company, Huhtamaki Oyj, Paperbags Limited, Novolex Holdings LLC, Ronpak Inc., The Mondi Group LLC, Amcor Ltd., Vegware Ltd., Stora Enso Oyj., Smurfit Kappa Group, International Company, Georgia Pacific LLC, Welton Bibby And Baron Limited, Biopac (UK), United Bags Inc. and Global-Pak.
Growing concerns about plastics
In recent years, concerns about environmental pollution and the role of plastics have become a challenge for environmental groups and governments in their efforts to contain environmental pollution.
The organization is working to raise awareness among both suppliers and consumers. For example, in commemoration of World Environment Day 2018, India’s Minister of Environment, Forestry and Climate Change Coalition has urged industry to eliminate plastic use, noting that the country generates 25,000 tonnes of plastic waste each year.
Paper bags meet consumer demands for safe, leak-free and recyclable packaging solutions . Paper bags are increasingly replacing plastic packaging solutions in regions where takeaway and online food delivery trends are emerging.
Impact of COVID-19 on Food Service Paper Bags Market
The outbreak of COVID-19 is having a dual impact on the packaging industry, which is clearly reflected in the demand for paper bags in the food service sector. As people around the world are locked up at home, packaged foods have emerged as a solution to their food cravings.
With efficient online food delivery services, consumers are relying on online ordering. This will help maintain some level of demand for paper bags over the forecast period. However, the closures of restaurants and other food stores and restrictions on the production side will challenge the steady growth of the market during the pandemic.
Regional data for the question: https://www.futuremarketinsights.com/...
Application: Early penetration of plastics
Over the years, plastics have solidified their position in the food service industry as a packaging solution, and an immediate paradigm shift from plastics to paper products is not feasible. Similarly, plastic has an edge over paper in terms of physical properties such as toughness, high spill resistance and high tear resistance.
Who is the winner?
The major players in the market are focusing on producing sustainable products to comply with established norms for packaging methodologies. In a similar vein, traditional growth strategies such as mergers, acquisitions and expansions will continue to shape the competitive landscape. On the next line:
- In 2019, Amcor launched a new recyclable packaging format that can reduce carbon impact by up to 64%.
- That same year, the Westrock company completed the acquisition of KapStone Paper and Packaging Corporation with the intention of expanding its product portfolio.
Material Type:
- Brown Craft
- white craft
- handle bag
- bag without handle
- restaurant
- full service restaurant
- Quick Service Restaurants
- catering service
- Others (cafe, pub, bar, etc.)
- Hotels and Accommodation
- Food courts (shopping malls, airports, combined railroads, etc.)
- online food delivery
- Others (hospitals, schools, offices, etc.)
Key questions answered in the report
- What is the market size of the Food Service Paper Bags market? The global food service paper bags market is expected to reach a value of $1.45 billion by 2030.
- What is the largest market for food service paper bags? Europe is expected to retain hegemony over the regional landscape during the forecast period.
- Who are the biggest end users of food service paper bags?
- The restaurant segment is expected to send most of its revenue to the Foodservice Paper Bags market during the forecast period.
