Twisted handle bags are made of kraft paper, which can be brown kraft or white kraft. The twisted handle attached with the bag diffrentiates these bags from rest of the paper bags. Twisted handle is attached by using glue. Twisted handle bags are widely used in retail sector for shopping and promotional activities. These bags are also used by consumers to carry meals and carry food parcels from restaurents.
Meals-to-go bag, restaurant carryout bags, shopping bags and wine and spirit bags are the major types of twisted handle bags used in the market. Meals-to-go bags are used to carry ready meals by consumers, where meals can be consumed on-the-go. Changing consumer lifestyle in emerging economies is pushing the demand for these bags.
Growing number of restaurent chains and food service outlets is driving the demand for restaurent carryout bags, which are very convinient to carry the food and consume on-the-go.
Twisted handle bags market has many major manufacturers, which are constantly striving to launch innovative and efficient twisted handle bags for end use industries such as food & beverages and retail. Shopping bags are the fastest growing and dominating bags among all the twisted handle bag types by application.
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According a report published by Deloitte, global retail sales of packaged foods is going to reach approximately US$ 3.0 trillion, by 2020. The major driver for the growth in packaged food retail sales is growth in emerging markets. The U.S. is maintatining is steady economic growth, which is around 2.5% – 2.9%, between 2017 – 2018. Rising income levels, low inflation rates and declining unemployement rates is helping the U.S. economy to maintain the steady growth.
On the other hand emerging markets are the bulls of world economy, retail majors like Nestle, P&G, Pepsico, Uniliver, Loreal are very bullish on emerging economies FMCG growth. With this background, twisted handle bags which are majorely used by retail industry is anticipated to expand at a lucrative CAGR over forecast period.
Global Twisted Handle Bags market: Key Players
Some of the key players operating in the global twisted handle bags market are –
- The Mondi Group plc.,
- Smurfit Kappa Group,
- International Paper Company,
- Novolex Holdings, Inc.,
- Ronpak,
- Welton Bibby and Baron Limited,
- JohnPac Inc.,
- El Dorado Packaging, Inc.,
- Langston Companies, Inc.,
- United Bags, Inc.,
- Genpak Flexible,
- Paperbags Limited,
- Global-Pak, Inc.,
- York Paper Company Limited,
FORM BAGS S.p.A., IntaBag Limited, JinDian Packaging, May Sun Jieh Enterprise Co., Ltd., PapeR FactorY (Bangalore, India), Qingdao SunnyMay Packaging &.Trading Co.,Ltd., American Paper Bag (U.S.) and others.
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Key Developments
- May 2018, British paper company Mondi to acquire Finnish corrugated case materials maker Powerflute
- May 2018, Mondi group Plc, to expand its Stambolijski mill in Bulgaria.
- May 2018, WestRock Co. plans an investment in its manufacturing operation in Lanett that will surge the facility’s competitiveness and position in the region
- May 2018, WestRock Co. buys major Kentucky MRF, which is a recycling facility and handle approximately 9,000 tons per month of material.
The research report presents a comprehensive assessment of the market and contains thoughtful insights, facts, historical data, and statistically supported and industry-validated market data. It also contains projections using a suitable set of assumptions and methodologies. The research report provides analysis and information according to market segments such as geographies, application, and industry.
Global Twisted Handle Bags market: Segmentation
The global twisted handle bags market has been segmented as follows –
On the basis of thickness, the global twisted handle bags market has been segmented as –
- <2 ply
- 2 ply
- 3 ply
- 3 ply
On the basis of Material Type, the global twisted handle bags market has been segmented as –
- Brown Kraft
- White Kraft
On the basis of end use application, the global twisted handle bags market has been segmented as –
- Meals-to-Go Bag
- Restaurant Carryout Bags
- Shopping Bags
- Wine and Spirit Bags
- Others
On the basis of geography, the global Twisted Handle Bags market has been divided into seven key regions –
- North America
- Asia Pacific excluding Japan
- Western Europe
- Eastern Europe
- Latin America
- Middle East & Africa
- Japan
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