Chan Ye Xin Xi Wang·2025-12-11 01:21Industry Overview - The eco-friendly paper bag has become a significant alternative to traditional plastic packaging due to its biodegradability and environmental friendliness, made primarily from pulp without harmful chemicals, allowing for rapid decomposition in natural environments [1][14] - Compared to plastic bags, eco-friendly paper bags have significantly lower carbon emissions throughout their lifecycle and are often produced using recycled materials, further reducing resource consumption [1][14] - The market for eco-friendly paper bags in China is projected to grow from 8.69 billion yuan in 2020 to 18.67 billion yuan in 2024, with a compound annual growth rate (CAGR) of 21.07% [1][14] Market Dynamics - The eco-friendly paper bag industry is experiencing rapid growth driven by increasing global environmental awareness and ongoing "plastic restriction" policies in various countries [1][14] - The industry is expected to continue expanding, with projections indicating a market size of 20.35 billion yuan by 2025 [1][14] Product Structure - The eco-friendly paper bag market includes various categories such as food-grade bags, shopping bags, and industrial bags, with food-grade bags holding a significant market share due to strict safety and production requirements [15] - By 2024, food-grade paper bags are expected to account for 38.6% of the market, followed by shopping bags at 35.2% [15] Industry Development History - The eco-friendly paper bag industry began to emerge around 2010, gaining traction as traditional plastic bags faced restrictions due to government policies [8][9] - The period from 2015 to 2020 saw rapid development, particularly after 2018, driven by the surge in e-commerce and the demand for sustainable packaging solutions [8][9] Industry Chain - The eco-friendly paper bag industry chain consists of upstream raw materials and equipment, midstream production processes, and downstream application fields including retail, food service, and gift packaging [10] Key Companies - Major listed companies in the eco-friendly paper bag sector include Nanwang Technology, Shanying International, and Jihong Co., among others, which dominate the high-end market and chain brand customers [2][16] - Regional companies like Kunshan Jinhongkai and Wuxi Hualite focus on niche markets through flexible production and localized services [16] Future Trends - The industry is expected to advance towards full automation in production processes to enhance efficiency and product consistency [19] - There will be a deeper commitment to green practices, including the use of renewable fibers and water-based inks, to reduce chemical use and carbon emissions [20] - The product functionality will expand to meet diverse consumer needs, with innovations in design and features such as waterproofing and thermal insulation [21]