Overview:

The global craft bags market is poised for steady expansion over the coming decade. Initial estimates for 2025 place the market size at approximately USD 1.7 billion. Driven by consistent demand and evolving consumer preferences, projections indicate a robust growth trajectory.

Revenue forecasts suggest the market will reach USD 2.7 billion by 2035. This expansion is underpinned by the increasing use of craft bags across various sectors, from retail to food service, reflecting their versatility and eco-friendly appeal.

The market is expected to grow at a compound annual growth rate (CAGR) of 4.4% between 2025 and 2035. This growth rate highlights the sustained interest in sustainable packaging solutions and the ongoing efforts to minimize environmental impact.

The base year for market estimation is 2024, with historical data spanning from 2020 to 2024 providing a comprehensive view of the market’s recent performance. This historical analysis informs the forecast period, which extends from 2025 to 2035.

Quantitative analysis includes revenue in USD million/billion and the aforementioned CAGR from 2025 to 2035. The report covers revenue forecasts, company market share, competitive dynamics, growth catalysts, and prevailing market trends.

Key segments analyzed include bag type and geographic region, offering a detailed breakdown of market performance and opportunities. Regional insights cover North America, Europe, and the Asia Pacific region, encompassing major markets and emerging economies.

Country-level analysis includes the U.S., Canada, Mexico, the U.K., Germany, Italy, Poland, China, India, Japan, Australia, and South Korea. Key companies influencing the market are Mondi Group, Novolex (Bagcraft), WestRock Company, Smurfit Kappa Group, and International Paper Co.

Year On Year Growth Chart

“`html

“`

Key Companies Market Share