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Asia-Pacific - paper sacks and bags - Market Analysis, Forecast, Size, Trends and Insights
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Article Publishing Date: Feb 26, 2020

Paper Sack And Bag Market in Asia-Pacific Undergoes Robust Expansion

IndexBox has just published a new report: 'Asia-Pacific - paper sacks and bags - Market Analysis, Forecast, Size, Trends and Insights'. Here is a summary of the report's key findings.

The revenue of the paper sack and bag market in Asia-Pacific amounted to $22.6B in 2018. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). The market value increased at an average annual rate of +2.8% over the period from 2007 to 2018; however, the trend pattern remained consistent, with somewhat noticeable fluctuations being recorded in certain years. The level of paper sack and bag consumption peaked in 2018 and is likely to continue its growth in the immediate term.

Consumption by Country

The country with the largest volume of paper sack and bag consumption was China (4.5M tonnes), accounting for 50% of total volume. Moreover, paper sack and bag consumption in China exceeded the figures recorded by the second-largest consumer, India (1.7M tonnes), threefold. Indonesia (768K tonnes) ranked third in terms of total consumption with a 8.5% share.

In China, paper sack and bag consumption increased at an average annual rate of +2.7% over the period from 2007-2018. In the other countries, the average annual rates were as follows: India (+5.1% per year) and Indonesia (+3.3% per year).

In value terms, China ($11.2B) led the market, alone. The second position in the ranking was occupied by India ($4.2B). It was followed by Indonesia.

The countries with the highest levels of paper sack and bag per capita consumption in 2018 were South Korea (4,002 kg per 1000 persons), China (3,086 kg per 1000 persons) and Indonesia (2,873 kg per 1000 persons).

Market Forecast to 2030

Driven by increasing demand for paper sack and bag in Asia-Pacific, the market is expected to continue an upward consumption trend over the next decade. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +1.4% for the period from 2018 to 2030, which is projected to bring the market volume to 11M tonnes by the end of 2030.

Production in Asia-Pacific

In 2018, the amount of paper sacks and bags produced in Asia-Pacific stood at 9.3M tonnes, growing by 3.9% against the previous year. The total output volume increased at an average annual rate of +2.9% from 2007 to 2018; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed over the period under review. The pace of growth appeared the most rapid in 2016 when production volume increased by 4.3% y-o-y.

Production by Country

China (4.9M tonnes) constituted the country with the largest volume of paper sack and bag production, comprising approx. 52% of total volume. Moreover, paper sack and bag production in China exceeded the figures recorded by the second-largest producer, India (1.7M tonnes), threefold. The third position in this ranking was occupied by Indonesia (769K tonnes), with a 8.3% share.

From 2007 to 2018, the average annual growth rate of volume in China amounted to +2.7%. The remaining producing countries recorded the following average annual rates of production growth: India (+5.0% per year) and Indonesia (+3.0% per year).

Exports in Asia-Pacific

In 2018, the amount of paper sacks and bags exported in Asia-Pacific totaled 543K tonnes, picking up by 3% against the previous year. The total export volume increased at an average annual rate of +2.4% over the period from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. In value terms, paper sack and bag exports amounted to $1.7B (IndexBox estimates) in 2018. 

Exports by Country

China prevails in paper sack and bag exports structure, accounting for 390K tonnes, which was near 72% of total exports in 2018. Viet Nam (28K tonnes) occupied the second position in the ranking, followed by Malaysia (26K tonnes). All these countries together occupied approx. 9.9% share of total exports. Indonesia (23K tonnes), China, Hong Kong SAR (13K tonnes), Taiwan, Chinese (11K tonnes), South Korea (9.1K tonnes) and Sri Lanka (9K tonnes) occupied a little share of total exports.

Exports from China increased at an average annual rate of +2.6% from 2007 to 2018. At the same time, Viet Nam (+42.2%), Sri Lanka (+16.7%), Taiwan, Chinese (+13.8%), South Korea (+3.4%) and Malaysia (+1.4%) displayed positive paces of growth. Moreover, Viet Nam emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +42.2% from 2007-2018. Indonesia experienced a relatively flat trend pattern. By contrast, China, Hong Kong SAR (-11.2%) illustrated a downward trend over the same period. China (+18 p.p.) and Viet Nam (+5 p.p.) significantly strengthened its position in terms of the total exports, while China, Hong Kong SAR saw its share reduced by -6.3% from 2007 to 2018, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($1.3B) remains the largest paper sack and bag supplier in Asia-Pacific, comprising 76% of total paper sack and bag exports. The second position in the ranking was occupied by Viet Nam ($90M), with a 5.1% share of total exports. It was followed by China, Hong Kong SAR, with a 3.8% share.

Export Prices by Country

In 2018, the paper sack and bag export price in Asia-Pacific amounted to $3,223 per tonne, rising by 2.3% against the previous year. Over the last eleven-year period, it increased at an average annual rate of +1.0%. The most prominent rate of growth was recorded in 2008 an increase of 14% year-to-year. The level of export price peaked at $3,468 per tonne in 2015; however, from 2016 to 2018, export prices remained at a lower figure.

Prices varied noticeably by the country of origin; the country with the highest price was China, Hong Kong SAR ($5,150 per tonne), while Sri Lanka ($1,514 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Hong Kong, while the other leaders experienced more modest paces of growth.

Imports in Asia-Pacific

In 2018, the amount of paper sacks and bags imported in Asia-Pacific stood at 260K tonnes, jumping by 5.4% against the previous year. The total import volume increased at an average annual rate of +3.4% from 2007 to 2018; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. In value terms, paper sack and bag imports amounted to $721M (IndexBox estimates) in 2018. 

Imports by Country

In 2018, Japan (44K tonnes), Australia (36K tonnes), China, Hong Kong SAR (26K tonnes), India (23K tonnes), Indonesia (22K tonnes), Singapore (17K tonnes), Malaysia (16K tonnes), South Korea (12K tonnes), New Zealand (11K tonnes), the Philippines (11K tonnes), Thailand (10K tonnes) and Taiwan, Chinese (9K tonnes) was the largest importer of paper sacks and bags imported in Asia-Pacific, mixing up 92% of total import.

From 2007 to 2018, the most notable rate of growth in terms of imports, amongst the main importing countries, was attained by Indonesia, while imports for the other leaders experienced more modest paces of growth.

In value terms, the largest paper sack and bag importing markets in Asia-Pacific were Japan ($166M), Australia ($109M) and China, Hong Kong SAR ($75M), together accounting for 49% of total imports. These countries were followed by Singapore, Indonesia, South Korea, New Zealand, Malaysia, India, the Philippines, Taiwan, Chinese and Thailand, which together accounted for a further 43%.

Import Prices by Country

In 2018, the paper sack and bag import price in Asia-Pacific amounted to $2,778 per tonne, surging by 4.6% against the previous year. Over the period from 2007 to 2018, it increased at an average annual rate of +2.5%. The growth pace was the most rapid in 2011 an increase of 10% against the previous year. The level of import price peaked at $2,868 per tonne in 2014; however, from 2015 to 2018, import prices failed to regain their momentum.

There were significant differences in the average prices amongst the major importing countries. In 2018, the country with the highest price was Japan ($3,754 per tonne), while India ($1,382 per tonne) was amongst the lowest.

From 2007 to 2018, the most notable rate of growth in terms of prices was attained by Hong Kong while the other leaders experienced more modest paces of growth.

Source: IndexBox AI Platform

Product coverage:
• Prodcom 17211230 - Sacks and bags, with a base width . .40 cm, of paper, p aperboard, cellulose wadding or webs of cellulose fibres
• Prodcom 17211250 - Sacks and bags of paper, paperboard, cellulose wadding or webs of cellulose fibres (excluding those with a base width. .40 cm)

This report provides an in-depth analysis of the market for paper sack and bag in Asia-Pacific. Within it, you will discover the latest data on market trends and opportunities by country, consumption, production and price developments, as well as the global trade (imports and exports). The forecast exhibits the market prospects through 2025.


Country coverage:
• Afghanistan
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China, Hong Kong SAR
• China, Macao SAR
• Cook Islands
• Fiji
• French Polynesia
• Kiribati
• Maldives
• Marshall Islands
• Micronesia (Federated States of)
• Myanmar
• Nepal
• New Caledonia
• New Zealand
• Northern Mariana Islands
• Palau
• Papua New Guinea
• Samoa
• Solomon Islands
• Sri Lanka
• Taiwan, Chinese
• Timor-Leste
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Wallis and Futuna Islands
• Lao People's Democratic Republic
• American Samoa
• Democratic People's Republic of Korea
• Nauru
• Niue
• Guam

Data coverage:
• Market volume and value
• Per Capita consumption
• Forecast of the market dynamics in the medium term
• Production in Asia-Pacific, split by region and country
• Trade (exports and imports) in Asia-Pacific
• Export and import prices
• Market trends, drivers and restraints
• Key market players and their profiles

Reasons to buy this report:
• Take advantage of the latest data
• Find deeper insights into current market developments
• Discover vital success factors affecting the market
This report is designed for manufacturers, distributors, importers, and wholesalers, as well as for investors, consultants and advisors.

In this report, you can find information that helps you to make informed decisions on the following issues:
1. How to diversify your business and benefit from new market opportunities
2. How to load your idle production capacity
3. How to boost your sales on overseas markets
4. How to increase your profit margins
5. How to make your supply chain more sustainable
6. How to reduce your production and supply chain costs
7. How to outsource production to other countries
8. How to prepare your business for global expansion
While doing this research, we combine the accumulated expertise of our analysts and the capabilities of artificial intelligence. The AI-based platform, developed by our data scientists, constitutes the key working tool for business analysts, empowering them to discover deep insights and ideas from the marketing data.
1. INTRODUCTION

Making Data-Driven Decisions to Grow Your Business

1.1
REPORT DESCRIPTION
1.2
RESEARCH METHODOLOGY AND AI PLATFORM
1.3
DATA-DRIVEN DECISIONS FOR YOUR BUSINESS
1.4
GLOSSARY AND SPECIFIC TERMS
2. EXECUTIVE SUMMARY

A Quick Overview of Market Performance

2.1
KEY FINDINGS
2.2
MARKET TRENDS
3. MARKET OVERVIEW

Understanding the Current State of The Market and Its Prospects

3.1
MARKET SIZE
3.2
CONSUMPTION BY COUNTRY
3.3
MARKET FORECAST TO 2030
4. MOST PROMISING PRODUCTS

Finding New Products to Diversify Your Business

4.1
TOP PRODUCTS TO DIVERSIFY YOUR BUSINESS
4.2
BEST-SELLING PRODUCTS
4.3
MOST CONSUMED PRODUCT
4.4
MOST TRADED PRODUCT
4.5
MOST PROFITABLE PRODUCT FOR EXPORT
5. MOST PROMISING SUPPLYING COUNTRIES

Choosing the Best Countries to Establish Your Sustainable Supply Chain

5.1
TOP COUNTRIES TO SOURCE YOUR PRODUCT
5.2
TOP PRODUCING COUNTRIES
5.3
TOP EXPORTING COUNTRIES
5.4
LOW-COST EXPORTING COUNTRIES
6. MOST PROMISING OVERSEAS MARKETS

Choosing the Best Countries to Boost Your Exports

6.1
TOP OVERSEAS MARKETS FOR EXPORTING YOUR PRODUCT
6.2
TOP CONSUMING MARKETS
6.3
UNSATURATED MARKETS
6.4
TOP IMPORTING MARKETS
6.5
MOST PROFITABLE MARKETS
7. PRODUCTION

The Latest Trends and Insights into The Industry

7.1
PRODUCTION VOLUME AND VALUE
7.2
PRODUCTION BY COUNTRY
8. IMPORTS

The Largest Importers on The Market and How They Succeed

8.1
IMPORTS FROM 2007–2019
8.2
IMPORTS BY COUNTRY
8.3
IMPORT PRICES BY COUNTRY
9. EXPORTS

The Largest Exporters on The Market and How They Succeed

9.1
EXPORTS FROM 2007–2019
9.2
EXPORTS BY COUNTRY
9.3
EXPORT PRICES BY COUNTRY
10. PROFILES OF MAJOR PRODUCERS

The Largest Producers on The Market and Their Profiles

11. COUNTRY PROFILES

The Largest Markets And Their Profiles

• Afghanistan
• Australia
• Bangladesh
• Bhutan
• Brunei Darussalam
• Cambodia
• China
• China, Hong Kong SAR
• China, Macao SAR
• Cook Islands
• Fiji
• French Polynesia
• India
• Indonesia
• Japan
• Kiribati
• Malaysia
• Maldives
• Marshall Islands
• Micronesia (Federated States of)
• Myanmar
• Nepal
• New Caledonia
• New Zealand
• Northern Mariana Islands
• Pakistan
• Palau
• Papua New Guinea
• Philippines
• Samoa
• Singapore
• Solomon Islands
• South Korea
• Sri Lanka
• Taiwan, Chinese
• Thailand
• Timor-Leste
• Tokelau
• Tonga
• Tuvalu
• Vanuatu
• Viet Nam
• Wallis and Futuna Islands
• Lao People's Democratic Republic
• American Samoa
• Democratic People's Republic of Korea
• Nauru
• Niue
• Guam
LIST OF TABLES
Table 1:
Key Findings In 2019
Table 2:
Market Volume, In Physical Terms, 2007–2019
Table 3:
Market Value, 2007–2019
Table 4:
Per Capita Consumption, By Country, 2015–2019
Table 5:
Production, In Physical Terms, By Country, 2007–2019
Table 6:
Imports, In Physical Terms, By Country, 2007–2019
Table 7:
Imports, In Value Terms, By Country, 2007–2019
Table 8:
Import Prices, By Country Of Destination, 2007–2019
Table 9:
Exports, In Physical Terms, By Country, 2007–2019
Table 10:
Exports, In Value Terms, By Country, 2007–2019
Table 11:
Export Prices, By Country Of Origin, 2007–2019
LIST OF FIGURES
Figure 1:
Market Volume, In Physical Terms, 2007–2019
Figure 2:
Market Value, 2007–2019
Figure 3:
Consumption, By Country, 2019
Figure 4:
Market Forecast To 2025
Figure 5:
Products: Market Size And Growth, By Type
Figure 6:
Products: Average Per Capita Consumption, By Type
Figure 7:
Products: Exports And Growth, By Type
Figure 8:
Products: Export Prices And Growth, By Type
Figure 9:
Production Volume And Growth
Figure 10:
Exports And Growth
Figure 11:
Export Prices And Growth
Figure 12:
Market Size And Growth
Figure 13:
Per Capita Consumption
Figure 14:
Imports And Growth
Figure 15:
Import Prices
Figure 16:
Production, In Physical Terms, 2007–2019
Figure 17:
Production, In Value Terms, 2007–2019
Figure 18:
Production, By Country, 2019
Figure 19:
Production, In Physical Terms, By Country, 2007–2019
Figure 20:
Imports, In Physical Terms, 2007–2019
Figure 21:
Imports, In Value Terms, 2007–2019
Figure 22:
Imports, In Physical Terms, By Country, 2019
Figure 23:
Imports, In Physical Terms, By Country, 2007–2019
Figure 24:
Imports, In Value Terms, By Country, 2007–2019
Figure 25:
Import Prices, By Country, 2007–2019
Figure 26:
Exports, In Physical Terms, 2007–2019
Figure 27:
Exports, In Value Terms, 2007–2019
Figure 28:
Exports, In Physical Terms, By Country, 2019
Figure 29:
Exports, In Physical Terms, By Country, 2007–2019
Figure 30:
Exports, In Value Terms, By Country, 2007–2019
Figure 31:
Export Prices, 2007–2019

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