Paper Sack And Bag Market

The article provides a comprehensive analysis of the global paper sack and bag market, with forecasts suggesting continued growth in market volume and value up to 2030. Consumption, production, imports, and exports are examined, highlighting key trends and players in the industry. Data reveals fluctuations in consumption and production levels over the past decade, with countries like Brazil, Russia, and China playing significant roles in the market. Import and export data indicate rising trends, with China leading as the largest exporter and the United States as the largest importer. Price trends and type-specific data offer insights into market dynamics, pointing towards a positive outlook for the industry moving forward.

Market Forecast

Driven by increasing demand for paper sacks and bags worldwide, the market is expected to continue an upward consumption trend over the next eight years. Market performance is forecast to decelerate, expanding with an anticipated CAGR of +1.8% for the period from 2022 to 2030, which is projected to bring the market volume to 47M tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +3.4% for the period from 2022 to 2030, which is projected to bring the market value to $118.4B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Paper Sacks And Bags

In 2022, after ten years of growth, there was decline in consumption of paper sacks and bags, when its volume decreased by -1% to 41M tons. The total consumption volume increased at an average annual rate of +3.3% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, consumption attained the peak volume of 41M tons, and then dropped modestly in the following year.

The global paper sack and bag market value dropped to $90.8B in 2022, with a decrease of -2.5% against the previous year. 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 +1.7% from 2012 to 2022; however, the trend pattern remained relatively stable, with only minor fluctuations in certain years. The pace of growth was the most pronounced in 2021 when the market value increased by 8.7%. As a result, consumption reached the peak level of $93.1B, and then shrank slightly in the following year.

Consumption By Country

The countries with the highest volumes of consumption in 2022 were Brazil (7.9M tons), Russia (4.9M tons) and Mexico (4.1M tons), with a combined 42% share of global consumption.

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +21.3%), while consumption for the other global leaders experienced more modest paces of growth.

In value terms, the largest paper sack and bag markets worldwide were Japan ($19.6B), China ($13.5B) and Mexico ($9.3B), with a combined 47% share of the global market. Brazil, Russia, India, the United States, Saudi Arabia, Turkey, Indonesia and Nigeria lagged somewhat behind, together comprising a further 32%.

Russia, with a CAGR of +17.0%, recorded the highest growth rate of market size among the main consuming countries over the period under review, while market for the other global leaders experienced more modest paces of growth.

The countries with the highest levels of paper sack and bag per capita consumption in 2022 were Brazil (37 kg per person), Russia (34 kg per person) and Japan (33 kg per person).

From 2012 to 2022, the biggest increases were recorded for Russia (with a CAGR of +21.3%), while consumption for the other global leaders experienced more modest paces of growth.

Production

World Production of Paper Sacks And Bags

In 2022, production of paper sacks and bags decreased by -0.9% to 41M tons for the first time since 2011, thus ending a ten-year rising trend. The total output volume increased at an average annual rate of +3.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 11%. As a result, production attained the peak volume of 41M tons, leveling off in the following year.

In value terms, paper sack and bag production reduced modestly to $90.3B in 2022 estimated in export price. The total output value increased at an average annual rate of +1.9% from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The pace of growth appeared the most rapid in 2021 with an increase of 10% against the previous year. Global production peaked at $94.3B in 2019; however, from 2020 to 2022, production remained at a lower figure.

Production By Country

The countries with the highest volumes of production in 2022 were Brazil (8M tons), Russia (4.9M tons) and China (4.4M tons), with a combined 42% share of global production.

From 2012 to 2022, the most notable rate of growth in terms of production, amongst the key producing countries, was attained by Russia (with a CAGR of +21.9%), while production for the other global leaders experienced more modest paces of growth.

Imports

World Imports of Paper Sacks And Bags

In 2022, global imports of paper sacks and bags amounted to 2.5M tons, increasing by 5.1% compared with the previous year. Over the period under review, total imports indicated a tangible increase from 2012 to 2022: its volume increased at an average annual rate of +4.9% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +62.1% against 2012 indices. The most prominent rate of growth was recorded in 2021 with an increase of 19% against the previous year. Global imports peaked in 2022 and are likely to see steady growth in the immediate term.

In value terms, paper sack and bag imports skyrocketed to $7B in 2022. In general, total imports indicated a buoyant increase from 2012 to 2022: its value increased at an average annual rate of +5.5% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +46.5% against 2020 indices. The pace of growth appeared the most rapid in 2021 with an increase of 22%. Over the period under review, global imports hit record highs in 2022 and are likely to continue growth in the near future.

Imports By Country

In 2022, the United States (470K tons), distantly followed by France (191K tons) and Germany (181K tons) were the largest importers of paper sacks and bags, together achieving 34% of total imports. The UK (89K tons), Canada (87K tons), Belgium (82K tons), the Netherlands (73K tons), Australia (67K tons), Spain (62K tons), Italy (56K tons), Ireland (47K tons), Austria (41K tons) and Japan (38K tons) held a little share of total imports.

From 2012 to 2022, average annual rates of growth with regard to paper sack and bag imports into the United States stood at +8.8%. At the same time, Australia (+11.1%), Belgium (+10.1%), Germany (+9.3%), Ireland (+9.2%), Canada (+8.1%), Spain (+6.3%), Austria (+5.6%), France (+4.9%), Italy (+4.7%), the Netherlands (+3.7%) and the UK (+2.8%) displayed positive paces of growth. Moreover, Australia emerged as the fastest-growing importer imported in the world, with a CAGR of +11.1% from 2012-2022. By contrast, Japan (-1.4%) illustrated a downward trend over the same period. While the share of the United States (+5.8 p.p.) and Germany (+2.5 p.p.) increased significantly, the shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($1.3B) constitutes the largest market for imported paper sacks and bags worldwide, comprising 19% of global imports. The second position in the ranking was taken by France ($581M), with an 8.3% share of global imports. It was followed by Germany, with a 7.6% share.

In the United States, paper sack and bag imports increased at an average annual rate of +6.2% over the period from 2012-2022. In the other countries, the average annual rates were as follows: France (+5.9% per year) and Germany (+8.6% per year).

Imports By Type

In 2022, sacks and bags, having a base width less than 40cm (1.7M tons) represented the key type of paper sacks and bags, mixing up 71% of total imports. It was distantly followed by sacks and bags, having a base of a width of 40 cm or more (708K tons), creating a 29% share of total imports.

Sacks and bags, having a base width less than 40cm was also the fastest-growing in terms of imports, with a CAGR of +5.6% from 2012 to 2022. At the same time, sacks and bags, having a base of a width of 40 cm or more (+3.7%) displayed positive paces of growth. While the share of sacks and bags, having a base width less than 40cm (+3.8 p.p.) increased significantly in terms of the global imports from 2012-2022, the share of sacks and bags, having a base of a width of 40 cm or more (-3.8 p.p.) displayed negative dynamics.

In value terms, sacks and bags, having a base width less than 40cm ($5.5B) constitutes the largest type of paper sacks and bags imported worldwide, comprising 78% of global imports. The second position in the ranking was held by sacks and bags, having a base of a width of 40 cm or more ($1.5B), with a 22% share of global imports.

For sacks and bags, having a base width less than 40cm, imports expanded at an average annual rate of +5.8% over the period from 2012-2022.

Import Prices By Type

The average paper sack and bag import price stood at $2,838 per ton in 2022, with an increase of 14% against the previous year. Overall, the import price continues to indicate a relatively flat trend pattern. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major imported products. In 2022, the product with the highest price was sacks and bags, having a base width less than 40cm ($3,148 per ton), while the price for sacks and bags, having a base of a width of 40 cm or more amounted to $2,139 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by sacks and bags, having a base of a width of 40 cm or more (+0.6%).

Import Prices By Country

The average paper sack and bag import price stood at $2,838 per ton in 2022, increasing by 14% against the previous year. In general, the import price recorded a relatively flat trend pattern. As a result, import price reached the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($4,492 per ton), while Ireland ($1,775 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+4.8%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Paper Sacks And Bags

In 2022, approx. 2.6M tons of paper sacks and bags were exported worldwide; rising by 6.1% on 2021. Over the period under review, total exports indicated a moderate expansion from 2012 to 2022: its volume increased at an average annual rate of +4.7% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +58.9% against 2012 indices. The pace of growth was the most pronounced in 2021 when exports increased by 18%. Over the period under review, the global exports attained the peak figure in 2022 and are likely to continue growth in the immediate term.

In value terms, paper sack and bag exports surged to $7.4B in 2022. Overall, total exports indicated a prominent expansion from 2012 to 2022: its value increased at an average annual rate of +6.4% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +77.4% against 2015 indices. The growth pace was the most rapid in 2021 when exports increased by 25%. Over the period under review, the global exports hit record highs in 2022 and are expected to retain growth in years to come.

Exports By Country

In 2022, China (534K tons), distantly followed by Italy (216K tons), the United States (163K tons) and Germany (151K tons) represented the key exporters of paper sacks and bags, together creating 42% of total exports. The following exporters - Poland (103K tons), Turkey (93K tons), Brazil (91K tons), Spain (90K tons), Canada (77K tons), Mexico (64K tons), Belgium (55K tons), Vietnam (53K tons) and Serbia (53K tons) - together made up 27% of total exports.

From 2012 to 2022, average annual rates of growth with regard to paper sack and bag exports from China stood at +5.1%. At the same time, Serbia (+17.5%), Vietnam (+12.9%), Poland (+9.5%), Brazil (+7.2%), Mexico (+6.8%), Turkey (+6.7%), Canada (+6.3%), Germany (+5.3%), the United States (+4.3%), Italy (+3.8%), Spain (+2.7%) and Belgium (+1.6%) displayed positive paces of growth. Moreover, Serbia emerged as the fastest-growing exporter exported in the world, with a CAGR of +17.5% from 2012-2022. The shares of the largest exporters remained relatively stable throughout the analyzed period.

In value terms, China ($2.1B) remains the largest paper sack and bag supplier worldwide, comprising 29% of global exports. The second position in the ranking was held by Italy ($678M), with a 9.2% share of global exports. It was followed by Germany, with a 7.1% share.

From 2012 to 2022, the average annual rate of growth in terms of value in China totaled +7.3%. The remaining exporting countries recorded the following average annual rates of exports growth: Italy (+4.6% per year) and Germany (+5.1% per year).

Exports By Type

Sacks and bags, having a base width less than 40cm was the largest type of paper sacks and bags in the world, with the volume of exports reaching 1.9M tons, which was near 76% of total exports in 2022. It was distantly followed by sacks and bags, having a base of a width of 40 cm or more (620K tons), constituting a 24% share of total exports.

Sacks and bags, having a base width less than 40cm was also the fastest-growing in terms of exports, with a CAGR of +5.4% from 2012 to 2022. At the same time, sacks and bags, having a base of a width of 40 cm or more (+3.2%) displayed positive paces of growth. Sacks and bags, having a base width less than 40cm (+4.2 p.p.) significantly strengthened its position in terms of the global exports, while sacks and bags, having a base of a width of 40 cm or more saw its share reduced by -4.2% from 2012 to 2022, respectively.

In value terms, sacks and bags, having a base width less than 40cm ($6.1B) remains the largest type of paper sacks and bags supplied worldwide, comprising 82% of global exports. The second position in the ranking was taken by sacks and bags, having a base of a width of 40 cm or more ($1.3B), with an 18% share of global exports.

From 2012 to 2022, the average annual growth rate of the value of sacks and bags, having a base width less than 40cm exports totaled +6.8%.

Export Prices By Type

In 2022, the average paper sack and bag export price amounted to $2,894 per ton, increasing by 9.5% against the previous year. Over the last decade, it increased at an average annual rate of +1.5%. As a result, the export price reached the peak level and is likely to continue growth in the immediate term.

Average prices varied somewhat amongst the major exported products. In 2022, the product with the highest price was sacks and bags, having a base width less than 40cm ($3,136 per ton), while the average price for exports of sacks and bags, having a base of a width of 40 cm or more totaled $2,169 per ton.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by sacks and bags, having a base width less than 40 cm (+1.3%).

Export Prices By Country

The average paper sack and bag export price stood at $2,894 per ton in 2022, picking up by 9.5% against the previous year. Over the period from 2012 to 2022, it increased at an average annual rate of +1.5%. As a result, the export price attained the peak level and is likely to continue growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2022, amid the top suppliers, the country with the highest price was China ($3,986 per ton), while Brazil ($1,190 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Spain (+7.8%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform