Global Sack Paper Market: Size and Trends with Impact of COVID-19 and Forecast up to 2027
The global sack paper market in 2021 was valued at US$32.27 billion. The market value is expected to reach US$41.76 billion by 2027. Sack paper is a packaging type that can be constructed of one or several layers of high quality kraft paper, usually produced from virgin fiber. It is a special grade built to suit a very specific demand for the industry. Sack paper is made from renewable resources such as paper and paperboard that provide distinct environmental sustainability credentials. Thus, it is environmental-friendly, sturdy and keeps the product in a well condition.
The market is expected to grow at a CAGR of 4.39% during the forecast period of 2022-2027. Due to incline in global biodegradable packaging market, growth in grocery retail sales and rapid urbanization, the market would propel in the forthcoming years. The global sack paper market demand reached 4.19 million tons in 2021.
Scope of the Report:
The report titled “Global Sack Paper Market: Analysis By Grade (Brown Sack Paper and White Sack Paper), By Region Size and Trends with Impact of COVID-19 and Forecast up to 2027”, includes :
-- An in-depth analysis of the global sack paper market by value, by grade, by region, etc.
-- The regional analysis of the sack paper market, including the following regions:
North America (The US, Canada, and Mexico)
Europe (Germany, The UK, France, Italy, and Rest of the Europe)
Asia Pacific (China, India and Rest of Asia Pacific)
Middle East & Africa
Latin America
-- Comprehensive information about emerging markets. This report analyses the market for various segments across geographies.
-- Provides an analysis of the COVID-19 impact on the global sack paper market.
-- Assesses the key opportunities in the market and outlines the factors that are and will be driving the growth of the industry. Growth of the overall the sack paper market has also been forecasted for the period 2022-2027, taking into consideration the previous growth patterns, the growth drivers, and the current and future trends.
-- Evaluation of the potential role of the sack paper to improve the market status.
-- Identification of new technological developments, R&D activities, and product launches occuring in the Sack paper market.
-- In-depth profiling of the key players, including the assessment of the business overview, market strategies, regional and business segments of the leading players in the market.
-- The recent developments, mergers and acquisitions related to mentioned key players are provided in the market report.
-- The in-depth analysis provides an insight into the market, underlining the growth rate and opportunities offered in the business.
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