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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. According a report published by Deloitte, global retail sales of packaged foods is going to reach approximately US$ 3.0 trillion, by 2020.
The main drivers influencing the demand for twisted handle bags are strong retail sector outlook in developed regions, increasing preference for paper bags as replacement for plastic counterparts and growing penetration of retail outlets in emerging economies. The major trends driving the market include rapid penetration of ecommerce leading to high demand for alternative corrugated packaging solutions, and rising demand for environmental friendly packaging products.
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Global Twisted Handle Bags Market: Research Methodology
The above figure shows comprehensive research methodology to estimate the market size of global twisted handle bags market. The methodology follows a sequential process of estimating the global paper bags market. Estimating the penetration of twisted handle bags in overall global paper market. Estimation of twisted handle paper bags market share by geographical region and end use application. Estimating the regionwise weighted average selling price by material type.
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.
- 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.
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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
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
- Detailed overview of parent market
- Changing market dynamics in the industry
- In-depth market segmentation
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments
- Competitive landscape
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on market performance
- Must-have information for market players to sustain and enhance their market footprint
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