Asia Pacific Food Bags Market
Market Size in USD Billion
CAGR : %
Forecast Period |
2024 –2031 |
Market Size (Base Year) |
USD 5.16 Billion |
Market Size (Forecast Year) |
USD 7.50 Billion |
CAGR |
|
Major Markets Players |
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Asia-Pacific Food Bags Market Segmentation, By Type (Standard Carry Bags, Stand Up Bags, Zipper Bags, Food Safe Barrier Bags, Self-Opening-Style (SOS) Bags, Smell Proof Bags, Pinch Bottom Bags, T-Shirt Plastic Bags and Others), Material (Plastic, Paper, Aluminum and Others), Usage (Single-Use and Reusable), Style (Crystal Clear Bags, Heat Seal Bags, Eco Clear Bags, Cupcake Bags, Micro-Perforated Bags and Others), Capacity (Less Than 1 Kg, 1 Kg-5 Kg, 5 Kg-10 Kg and More Than 10 Kg), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, E-Commerce and Others), Application (Vegetables, Fruits, Bakery Products, Meat, Seafood and Poultry, Dairy Products, Cooked Food and Others), End-User (Restaurants, Hotels, Tea & Coffee Shops, Sweets & Snacks Stores, Cafeteria, Home and Others) - Industry Trends and Forecast to 2031.
Asia-Pacific Food Bags Market Size
Asia-Pacific Food Bags Market size was valued at USD 5.16 Billion in 2023 and is projected to reach USD 7.50 Billion by 2031, with a CAGR of 4.8% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
Attributes |
Asia-Pacific Food Bags Key Market Insights |
Segmentation |
By Type: Standard Carry Bags, Stand Up Bags, Zipper Bags, Food Safe Barrier Bags, Self-Opening-Style (SOS) Bags, Smell Proof Bags, Pinch Bottom Bags, T-Shirt Plastic Bags and Others By Material: Plastic, Paper, Aluminum and Others By Usage: Single-Use and Reusable By Style: Crystal Clear Bags, Heat Seal Bags, Eco Clear Bags, Cupcake Bags, Micro-Perforated Bags and Others By Capacity: Less Than 1 Kg, 1 Kg-5 Kg, 5 Kg-10 Kg and More Than 10 Kg By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, E-Commerce and Others By Application: Vegetables, Fruits, Bakery Products, Meat, Seafood and Poultry, Dairy Products, Cooked Food and Others By End-User: Restaurants, Hotels, Tea & Coffee Shops, Sweets & Snacks Stores, Cafeteria, Home and Others |
Countries Covered |
Japan, China, South Korea, India, Australia and New Zealand, Taiwan, Hong-Kong, Singapore, Thailand, Malaysia, Indonesia, Philippines and Rest of Asia-Pacific |
Key Market Players |
International Paper, WestRock Company, Amcor plc, Berry Global Inc, UNITED BAGS, INC., PAPIER- METTLER KG, Novolex, Unistar Plastics, LLC, Ronpak, Cardia bioplastics, and Rizhao Huanuo plastic products Co., Ltd |
Asia-Pacific Food Bags Market Dynamics
Increasing demand of paper bags for packaging in restaurants are the factors for the market growth. Asia-Pacific region is dominating due to the population of the countries like China and India is very huge which boosts the demand of food packaging in the restaurants. The growing consumption of the packaged food among working population is another reason of increasing demand of the food bags.
This food bags market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Asia-Pacific Food Bags Market Scope
Asia-Pacific Food Bags market is segmented on the basis of type, material, usage, style, capacity, distribution channel, application and end-user. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Type
- Standard carry bags
- Stand up bags
- Zipper bags
- Food safe barrier bags
- Self-opening-style (sos) bags
- Smell proof bags
- Pinch bottom bags
- T-shirt plastic bags
- Others
Material
- Plastic
- Paper
- Aluminum
- Others
Usage
- Single use
- Reusable
Style
- Crystal clear bags
- Heat seal bags
- Eco clear bags
- Cupcake bags
- Micro-perforated bags
- Others
Capacity
- Less than 1 kg
- 1 kg-5 kg
- 5 kg-10 kg
- More than 10 kg
Distribution Channel
- Supermarkets/hypermarkets
- Convenience stores
- Specialty stores
- E-commerce
- Others
Application
- Vegetables
- Fruits
- Bakery products
- Meat
- Seafood and poultry
- Dairy products
- Cooked food
- Others
End-User
- Restaurants
- Hotels
- Tea & coffee shops
- Sweets & snacks stores
- Cafeteria
- Home
- Other
Food Bags Market Regional Analysis
Asia-Pacific market is analyzed and market size information is provided by country, type, material, usage, style, capacity, distribution channel, application and end-user as referenced above.
The countries covered in Asia-Pacific food bags market report are Japan, China, South Korea, India, Singapore, Thailand, Indonesia, Malaysia, Philippines, Australia and New Zealand, Hong Kong, Taiwan and Rest of Asia-Pacific.
Asia-Pacific food bags market is dominating the market due to high availability of raw material for manufacturing of food bags in the region. China is dominating in the Asia-Pacific region because of increasing demand of the packaged food among individuals.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Food Bags Market Share
Asia-Pacific food bags market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breath, application dominance, technology lifeline curve. The above data points provided are only related to the company’s focus related to market.
Food Bags Market Leaders Operating in the Market Are:
- International Paper
- WestRock Company
- Amcor plc
- Berry Global Inc
- UNITED BAGS, INC
- PAPIER- METTLER KG
- Novolex
- Unistar Plastics, LLC
- Ronpak
- Cardia bioplastics
- Rizhao Huanuo plastic products Co., Ltd
Latest Developments in Food Bags Market
- In 2019, WestRock Company was honored with Sustainable Packaging Coalition Innovator Award for providing advance recycled packaging in food service. The award helps in expanding the customer base and goodwill of the company
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
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