Project report for Paper Bags and Pouches

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Introduction

In India, Paper bags are the regular consumable item. We can find several uses of these bags in the retail industry. The manufacturing process is easy. Raw meterials are easily available. Also, the business requires very small startup capital. Additionally, it does not require any complex technology. And finally, the market is readily availabe. Because of the biologically non – disposable nature of plastic bags, Government has banned the plastic carry bagsin many cities and urban centers. Here paper bags are fulfilling the gaps in consumer products packaging. Due to these common factors paper bag making has become a very profitable manufacturing oppourtunity for new entrepreneurs.

A paper bag is a bag  made of paper, usually kraft paper. Paper bags are commonly used as shopping bags, packaging, and sacks. Standard brown paper bags are made from kraft paper. Tote-style paper bags, such as those often used by department stores or as gift bags, can be made from any kind of paper, and come in any color. Paper bags can be made from recycle paper, with some local laws requiring bags to have a minimum percentage of post-consumer recycled content. Paper bags can be made to withstand more pressure or weight than plastic bags do. Paper shopping bags, brown paper bags, grocery bags, paper bread bags and other light duty bags have a single layer of paper. A variety of constructions and designs are available. Many are printed with the names of stores and brands. Paper bags are not waterproof. Types of paper bag are: laminated, twisted, flat tap. The laminated bag, whilst not totally waterproof, has a laminate that protects the outside to some degree.

Market potential & Strategy

Paper bags market is expected to gain market growth in the forecast period of 2020 to 2027. Data Bridge Market Research analyses that the market is growing with a CAGR of 4.8% in the forecast period of 2020 to 2027 and expected to reach INR 5,96,49,300 Crores by 2027. Increasing demand of single use paper bags in countries is a driving factor for the market growth. Innovating in new design will increase the demand of paper bags products which drives the market. The global paper bags market is witnessing impressive growth, especially due to the rising adoption of sustainable packaging solutions among various industries. Paper bags are light-weight, non-toxic, biodegradable, and recyclable, and are therefore becoming hugely popular among end users, starting from food & beverage to chemical industry. With rising concerns regarding the safety of environment and marine animals, the demand for paper bags is increasing as more people are choosing eco-friendly packaging instead of polythene bags. Furthermore, paper bags are made from locally available materials that saves the export cost. This makes manufacturing of paper bags cost-effective in turn making them highly affordable for consumers. According to Future Market Insights (FMI), the global paper bags market is anticipated to grow at 4.1?GR during the forecast period from the year 2020 to 2030.

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