Asia-Pacific: Paper Bag Market 2025

Paper Bag Market Size in Asia-Pacific

After two years of decline, the Asia-Pacific paper bag market increased by 1.7% to $X in 2021. The total consumption indicated a strong increase from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, consumption decreased by -13.5% against 2018 indices. As a result, consumption reached the peak level of $X. From 2019 to 2021, the growth of the market failed to regain momentum.

Paper Bag Production in Asia-Pacific

In value terms, paper bag production rose to $X in 2021 estimated in export price. The total production indicated prominent growth from 2012 to 2021: its value increased at an average annual rate of +5.0% over the last nine years. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, production decreased by -22.9% against 2018 indices. The pace of growth appeared the most rapid in 2018 when the production volume increased by 56% against the previous year. As a result, production reached the peak level of $X. From 2019 to 2021, production growth failed to regain momentum.

Paper Bag Exports

Exports in Asia-Pacific

Paper bag exports rose rapidly to X tons in 2021, growing by 15% compared with 2020 figures. The total export volume increased at an average annual rate of +3.9% from 2012 to 2021; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The growth pace was the most rapid in 2016 when exports increased by 16% against the previous year. The volume of export peaked in 2021 and is likely to continue growth in the immediate term.

In value terms, paper bag exports surged to $X in 2021. Total exports indicated a prominent increase from 2012 to 2021: its value increased at an average annual rate of +7.2% over the last nine-year period. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2021 figures, exports increased by +70.6% against 2016 indices. As a result, the exports reached the peak and are likely to continue growth in the immediate term.

Exports by Country

China prevails in exports structure, reaching X tons, which was approx. 67% of total exports in 2021. It was distantly followed by India (X tons), making up a 5.2% share of total exports. Malaysia (X tons), Thailand (X tons), Vietnam (X tons), Indonesia (X tons), South Korea (X tons), Taiwan (Chinese) (X tons) and Hong Kong SAR (X tons) took a little share of total exports.

Exports from China increased at an average annual rate of +4.4% from 2012 to 2021. At the same time, India (+11.5%), Vietnam (+7.8%), Thailand (+7.4%), Taiwan (Chinese) (+4.0%), South Korea (+3.9%) and Malaysia (+3.2%) displayed positive paces of growth. Moreover, India emerged as the fastest-growing exporter exported in Asia-Pacific, with a CAGR of +11.5% from 2012-2021. By contrast, Indonesia (-1.2%) and Hong Kong SAR (-8.2%) illustrated a downward trend over the same period. China (+2.6 p.p.) and India (+2.4 p.p.) significantly strengthened its position in terms of the total exports, while Indonesia and Hong Kong SAR saw its share reduced by -1.9% and -3.8% from 2012 to 2021, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, China ($X) remains the largest paper bag supplier in Asia-Pacific, comprising 78% of total exports. The second position in the ranking was held by Thailand ($X), with a 3.1% share of total exports. It was followed by Hong Kong SAR, with a 2.7% share.

From 2012 to 2021, the average annual growth rate of value in China amounted to +9.0%. In the other countries, the average annual rates were as follows: Thailand (+5.4% per year) and Hong Kong SAR (-5.2% per year).

Export Prices by Country

In 2021, the export price in Asia-Pacific amounted to $X per ton, rising by 10% against the previous year. Over the period from 2012 to 2021, it increased at an average annual rate of +3.1%. The most prominent rate of growth was recorded in 2017 an increase of 15%. Over the period under review, the export prices hit record highs in 2021 and is likely to see gradual growth in the near future.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was Hong Kong SAR ($X per ton), while India ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by Indonesia (+5.4%), while the other leaders experienced more modest paces of growth.

Paper Bag Imports

Imports in Asia-Pacific

In 2021, approx. X tons of sacks and bags of paper were imported in Asia-Pacific; growing by 11% compared with 2020. The total import volume increased at an average annual rate of +3.7% from 2012 to 2021; the trend pattern remained consistent, with only minor fluctuations throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

In value terms, paper bag imports soared to $X in 2021. The total import value increased at an average annual rate of +5.1% over the period from 2012 to 2021; the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. As a result, imports reached the peak and are likely to continue growth in the immediate term.

Imports by Country

Hong Kong SAR (X tons), Australia (X tons), Indonesia (X tons), Vietnam (X tons), Japan (X tons), Singapore (X tons), Thailand (X tons), South Korea (X tons), Malaysia (X tons), Taiwan (Chinese) (X tons), the Philippines (X tons) and Lao People's Democratic Republic (X tons) represented roughly 84% of total imports in 2021.

From 2012 to 2021, the biggest increases were recorded for Lao People's Democratic Republic (with a CAGR of +45.9%), while purchases for the other leaders experienced more modest paces of growth.

In value terms, the largest paper bag importing markets in Asia-Pacific were Australia ($X), Japan ($X) and Hong Kong SAR ($X), together accounting for 32% of total imports. These countries were followed by Indonesia, Vietnam, South Korea, Singapore, Thailand, Taiwan (Chinese), Malaysia, the Philippines and Lao People's Democratic Republic, which together accounted for a further 52%.

In terms of the main importing countries, Lao People's Democratic Republic, with a CAGR of +30.9%, saw the highest growth rate of the value of imports, over the period under review, while purchases for the other leaders experienced more modest paces of growth.

Import Prices by Country

In 2021, the import price in Asia-Pacific amounted to $X per ton, growing by 9.6% against the previous year. Over the last nine-year period, it increased at an average annual rate of +1.4%. As a result, import price attained the peak level and is likely to continue growth in the immediate term.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was Japan ($X per ton), while Lao People's Democratic Republic ($X per ton) was amongst the lowest.

From 2012 to 2021, the most notable rate of growth in terms of prices was attained by the Philippines (+6.7%), while the other leaders experienced more modest paces of growth.

Source: IndexBox Platform

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