Global Foodservice Paper Bags Market USD XXX Billion by 2027.Global Foodservice Paper Bags Market reached USD XXX Billion in 2020. The Global Foodservice Paper Bags Market tends to grow by a CAGR of XX% in the 2021-2027 period.
Foodservice paper bags are produced through a variety of kraft papers, these paper bags provide quality and can be recycled for reuse. The major driving factor for the market is the surge in online food delivery services. Another factor helping this market is rising environmental concern regarding the usage of plastics packaging. An increase in the usage of packaged food services has created a new potential in food service paper bags industry. The higher cost of paper bags as compared to plastic bags is restraining the growth of the market. Brown kraft paper bag is dominating the market owing to the quality tensile strength and superior looks as compared to white kraft paper bag. In 2018, 7 Amor Ltd. collaborated with Bemis Company Inc. to provide infant formula paper bags and cater to the consumer demands.

The key regions covered in the global Foodservice Paper Bags market are North America, Latin America, Europe, Asia Pacific, and the ROW. Europe is accounted for the largest market share and it is estimated to grow in the forecasted period owing to the stringent government rules and regulations towards using plastic bags.

Major market players included in this report are:
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
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values for 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 the competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Material Type:
Brown Kraft
White Kraft
By Bag Type:
Handle Bags
Non-handle Bags
By End-use:
Restaurants
Hotels and Lodgings
Food Courts
Online Food Delivery
Others
By Region:
North America
The 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, the years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global Foodservice Paper Bags 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