Kraft Paper SOS Bag Market: An Overview
Kraft paper SOS (self-open style) bags are predominantly used in the retail and food packaging sector as they offer reasonable strength, and are economical yet sustainable. Kraft paper SOS bag is one of the most used packaging formats for day to day applications. Furthermore, ease of printability has made kraft paper SOS bag more popular among the manufacturers. Kraft paper surface allows printing of high-quality graphics on the bag which aids in branding and promotion of the product. With the rising demand for product differentiation, brand owners are using kraft paper SOS bags which can be customized with different designs and graphics to stand out.
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Kraft Paper SOS Bag Market: Dynamics
The global kraft paper SOS bags market is projected to register robust demand from the retail sector, which is expected to account for more than half of the global demand. Adoption of kraft paper SOS bags is increasing attributing to their light-weight, reusability, and ease of carrying. Other than retail, food & pharmaceuticals industries are major end users of kraft paper SOS bags. Moreover, shifting to paper-based packaging formats has resulted in an increased recycling rate. With the rising concern regarding the packaging waste generated, consumers are opting for paper bags over single-use plastic bags as they are reusable and up to 100% recyclable. The stringent regulations imposed by regulatory bodies against the usage of single-use plastic bags is also expected to drive the growth of the global kraft paper SOS bags market in the next decade.
Manufacturers are also providing kraft paper SOS bags for heavy duty applications such as building & construction, agriculture, and pet care products. For instance,
- Mondi Group plc, one of the leading packaging manufacturer, provides SOS bag with coated and laminated material. This kraft paper SOS bag is available in different finishes and is suitable for all fill and seal machines.
Kraft Paper SOS Bag Market: Regional Outlook
Geographically, the global kraft paper SOS bag market is segmented into North America, Latin America, Western Europe, Eastern Europe, Asia Pacific excl. Japan (APEJ), Middle East & Africa (MEA) and Japan. In the Asia Pacific region, the flourishing retail sector is expected to bolster the demand for kraft paper SOS bags. Consumers are opting for sustainable and reusable paper bags for day to day packaging needs; this shift in behavior is expected to further fuel the demand for kraft paper SOS bags in the region. Moreover, developed countries of North America and Europe are expected to present remunerative growth potential for the kraft paper SOS bags, attributing to its application in various food & pharma packaging applications.
Kraft Paper SOS Bag Market: Key Players
Examples of some of the key players operating in the global kraft paper SOS bag market are Gilchrist Bag Manufacturing LLC, Wisconsin Converting, Inc., Mondi Group plc., Novolex Holdings, Inc., S Walter Packaging Corp., Ross & Wallace Paper Products, Inc., Bag Makers, Inc., NAPCO, Inc., Horizon Pulp & Paper Ltd., Despropack, Maesindo Indonesia Ltd., El Dorado Packaging, Inc., among others.
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The report is a compilation of first-hand information, qualitative and quantitative assessment by industry analysts, inputs from industry experts and industry participants across the value chain of the global kraft paper SOS bags market. The report provides an in-depth analysis of parent market trends, macroeconomic indicators and governing factors along with kraft paper SOS bags market attractiveness as per segments. The report also maps the qualitative impact of various factors on kraft paper SOS bags market segments and geographies.
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