According to the research report, “Global Paper Bags Market Outlook, 2029” published by Bonafide Research, the market is anticipated to cross USD 8 Billion by 2029, increasing from USD 6.09 Billion in 2023. The market is expected to grow with a 5.60% CAGR from 2024 to 2029.
Top Six Companies Paper Bags Market
Mondi plc.: Mondi plc is a multinational packaging and paper group. Group offices are located in Weybridge, England. It has listings on the Johannesburg Stock Exchange and the London Stock Exchange, and is a constituent of the FTSE 100 Index. Mondi PLC manufactures and sells packaging and paper products. The Company offers industrial and consumer packaging solutions such as sack and specialty craft paper, container board, barrier coatings, professional printing, and industrial bagsMondi’s 22,000 people work across 100 production sites in more than 30 countries, with key operations in Europe, North America and Africa.
• Established: 1967
• Headquarters: United Kingdom
• Employees: 22,000
• Revenue: 7330 Million Euro
International Paper Company: The company's main activities involve manufacturing operations in the packaging and pulp industry. Its major products include corrugated and retail packaging, containerboard, paper bags, and various types of pulp such as fluff, paper grade, and specialty pulp. International Paper's products find applications across various industries such as eCommerce, food & beverage, grocery & retail, manufacturing, and personal care. Company serves customers worldwide, with manufacturing operations in North America, Latin America, North Africa, and Europe. International Paper Co (International Paper) is a producer of fiber-based packaging and pulp products.
• Established: 1898
• Headquarters: Tennessee, United States
• Employees: 39,000
• Revenue: USD 2290 Million
Smurfit WestRock Public Limited Company: Smurfit WestRock Public Limited Company operates as a packaging company. The Company manufactures and supplies paper-based packaging to package, promote, and protect the product. Smurfit Westrock, in sustainable paper and packaging, operates in 40 countries with over 500 packaging conversion operations and 62 paper mills. Smurfit Westrock plc is an Irish-American company based in Dublin, Ireland that manufactures corrugated and paper-based packaging. Its stock is listed on the New York Stock Exchange and the London Stock Exchange.
• Established: 2005
• Headquarters: Dublin, Irelands
• Employees: 1,00,000
• Revenue: USD 20,310 Million (WestRock)
Novolex® is a leader in packaging innovation, choice, and sustainability. Company manufacture products with paper, plastic, and renewable materials for food packaging, delivery and carry-out, food processing, and industrial markets. With 56 manufacturing facilities in North America and Europe, including two world-class plastic film recycling facilities, we are close to our customers and ready to serve them through our Food & Delivery and Performance Solutions segments.
• Established: 2003
• Headquarters: USA
• Employees: 10,000
• Revenue: Estimated USD 3000 Million
Amcor Plc: Amcor Plc is a provider of packaging solutions. It offers plastic, fiber, metal, and glass packaging products such as pet bottles, plastic bottles and jars, capsules and closures, specialty folding cartons, free films, bags and pouches, wrappers, rigid containers, laminates, and flow packs. The company’s products find application in various industries such as beverages, food, , pharmaceutical, medical device, homecare personal care, pet care, specialty cartons, and other technical applications.
• Established: 1896
• Headquarters: Victoria, Australia
• Employees: 41,000
• Revenue: USD 13,640 Million
Huhtamaki Oyj: Huhtamaki Oyj (Huhtamaki) is a provider of packaging solutions..Its products include paper and plastic disposable tableware, such as cups, plates and containers for quick service restaurants, coffee shops, retail stores, caterers and vending operators. With 100 years of history and a strong Nordic heritage we operate in 37 countries and 103 operating locations around the world.
• Established: 1920
• Headquarters: Espoo, Finland
• Employees: 18,000
• Revenue: 4200 Million Euro