Hemp Paper Bag Market Size and Definition
The global hemp paper bag market size is calculated at USD 658 million in 2024 and is predicted to reach around USD 1,318.78 million by 2034, expanding at a CAGR of 7.2% from 2024 to 2034.
Hemp paper bag is made from fibers and pulp harvested from industrial hemp plants. Apart from just bags, hemp paper is used to make rolling paper and wrapping paper. Hemp paper has many significant advantages due to its sustainability, strength, and composition. The appearance of a hemp paper varies with different processes and methodologies used in the production. Many manufacturers use a organic or unbleached way of making hemp paper which has a tan or medium brown hue. They have a smooth texture and thin composition despite their impressive tear resistance. The rising consumer preference about environmentally sustainable products is driving the hemp paper bag market. Additionally, it is a great alternative to traditional paper bags made from trees. The product is also gaining traction due to its eco-friendly property, as it requires less water and fewer pesticides compared to trees.
The disadvantage of hemp paper is the cost of hemp cultivation. It has a high initial investment needed when farming it. However, once the initiate cost is dealt with, the quality and strengthen of hemp paper provides durability and high performance. The hemp paper bag market is anticipated to expand with biodegradability and composting ability, providing a design and customization option.
Hemp Paper Bag Market Segmentation:
By Material
By Application
- Cigarette Paper
- Filter Paper
- Bank Notes
By End Use
- E-commerce
- Banking
- Tobacco
- Others
Hemp Paper Bag Market Companies:
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