Germany’s Industrial Paper Sack Market to Grow at a 3.2% CAGR, Reaching US$307.5 Million by 2033

Germany’s industrial paper sack market is poised for growth, with a projected CAGR of 3.2% from 2023 to 2033, reaching a value of US$ 307.5 million by 2033. The country holds a significant market share of approximately 28% in Western Europe for industrial paper sacks. Germany’s robust construction industry, which witnessed a 5.6% year-over-year growth in 2021, reaching EUR 485 billion, is a key driver behind the increasing demand for industrial paper sacks, particularly in the building and construction sector.

The Global Industrial Paper Sacks Market is anticipated to record a CAGR of 4.2% during the forecast period. The market is expected to hold a share of US$ 3.6 Billion in 2023, while it is anticipated to cross a value of US$ 5.4 Billion by 2033.

Request a Sample Report Now: https://www.futuremarketinsights.com/reports/sample/rep-gb-8176

The higher penetration of sustainable solutions in businesses and packaging systems is garnering market growth. The government promoting paper packaging as an alternative to plastic is also expanding the industry size.

Strong, durable, and multiwall paper bags are gaining traction, while brown paper bags are also in high demand. The FMCG, Pharmaceutical, fashion, and footwear brands are adopting these paper bags for higher sustainability.

The wider industrial usage along with the construction material packaging is driving the market. The government authorities are also supporting the local businesses in producing multiwall paper sacks.

The higher number of product innovations, social infrastructure, and emerging markets are expected to give the industrial paper sacks market a push.

Key Points

  • The market in China is likely to lead the industrial paper sacks market in terms of CAGR and industry share. The market is expected to record a CAGR of 6.9% during the forecast period. The market growth is attributed to the growing environmental consciousness among people, along with the growing sustainable packaging businesses. The regional market is expected to hold a value of US$ 1.4 Billion by 2033.
  • The United States industrial paper sacks industry is another significant market with an expected CAGR of 3.1% between 2023 and 2033. The regional growth is attributed to the stringent government rules around the use of plastic and increased consumer consciousness. The market is anticipated to reach a value of US$ 991.2 million by 2033.
  • The unbleached segment is likely to thrive in the grade type category as it is anticipated to record a CAGR of 4.0% between 2023 and 2033. The growth is attributed to factors like the rusty look, better customization options, and economical price.
  • The pinched bottom open-mouth segment is expected to top the product type category with an expected CAGR of 4.3% during the forecast period. The growth of this segment is fueled by higher consumption.

Competitive Landscape

The key competitors focus on producing durable paper sacks that can carry industrial and construction materials. Key players also focus on using better GSM paper with high-quality processing. Key competitors also merge, acquire, and partner with other companies to increase their supply chain and distribution channel.

The key players in the market are Mondi Group, Smurfit Kappa, Klabin S.A, Billerudkorsnas AB, Gascogne Group, Segezha Group, LC Packaging International BV, Simpac Ltd., Edna Group, Essentra plc, Kapstone Paper & Packaging Corp., Rosenflex UK Ltd., Novolex Holdings Inc., Bischof & Klein GmbH & Co. KG, Indevco, Rengo Co. Ltd., and Conitex Sonoco Inc.

Recent Market Developments

– Bischof & Kleisuch GmbH & Co has introduced its convertible packaging for construction materials such as U-pack (45% recycled material) and stand-up pouch (30% recycled material).

– Mondi Group has launched its white sack kraft paper that is in high demand across industries. The packaging offers strength, porosity, and printability.

Decoding Research: Navigating Report Methodology: https://www.futuremarketinsights.com/askus/rep-gb-8176

Key Segments

By Product Type:

  • Sewn Open Mouth
  • Pinched Bottom Open Mouth
  • Valve Sacks
  • Open Mouth Sacks

By Grade:

  • Unbleached
  • Bleached

By Thickness:

  • 1 ply
  • 2 ply
  • 3 ply
  • >3 ply

By End Use:

  • Building & Construction
    • Mortar
    • Cement
    • Concrete
  • Chemicals
  • Agriculture & Allied Industries
    • Crops
    • Flour
    • Coffee/Tea
    • Fruits & Veg
    • Seeds
    • Animal Feed
    • Others
  • Food
    • Sugar
    • Salt
    • Cacao
    • Starch
    • Others
  • Other Industrial

By Region:

  • North America
  • Latin America
  • Europe
  • Asia Pacific (APAC)
  • Middle East & Africa (MEA)

Author

Ismail Sutaria (Lead Consultant, Packaging and Materials) has over 8 years of experience in market research and consulting in the packaging & materials industry. Ismail’s strength lies in identifying key challenges faced by the client and offering logical and actionable insights to equip the clients with strategic decision-making power.

Ismail has been an instrumental part of several transformational consulting assignments. His key skills include competitive benchmarking, opportunity assessment, macroeconomic analysis, and business transformation advisory. Ismail is an MBA holder in Marketing and has a Bachelor’s Degree in Mathematics.

Ismail is a regular at industry conferences and expos and has been widely covered in electronic and print media. He is a Speaker at our upcoming Talk show – Rise of the Intelligent Packaging. Ismail has been quoted in leading publications, including the European Pharmaceutical Review and the European Adhesive Tape Association.

About Future Market Insights (FMI)

Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer, Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 5000 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.

Contact Us:       

Nandini Singh Sawlani 

Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-845-579-5705
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedInTwitterBlogs | YouTube

Leave a comment

Your email address will not be published. Required fields are marked *