Key Insights
The global retail bag market, estimated at $18.97 billion in 2025, is forecast to grow at a CAGR of 5.66% between 2025 and 2033. Key growth drivers include the expansion of e-commerce, which necessitates efficient packaging, and the increasing consumer demand for aesthetically pleasing and functional bags that enhance brand perception. Governmental initiatives to curb plastic waste are accelerating the adoption of sustainable alternatives like paper and reusable bags, presenting both opportunities and challenges. The market is witnessing a significant shift towards eco-friendly materials such as recycled PET (rPET), jute, and cotton. However, market participants face challenges related to fluctuating raw material costs and stringent environmental policies. The grocery and food service sectors are major contributors to market demand. Geographically, North America and Europe lead market share, with Asia-Pacific projected for substantial growth driven by its expanding retail sector and rising consumer expenditure.
Retail Bag Industry Market Size (In Billion)
The competitive environment features established industry leaders and agile new entrants. Key players like El Dorado Packaging, Coveris Holdings, and Novolex Holdings are prioritizing innovation and portfolio expansion to meet evolving consumer preferences and sustainability mandates. Niche players specializing in eco-friendly or custom bag solutions are also experiencing expansion. Future market success will depend on companies effectively balancing cost-efficiency with sustainability, developing innovative biodegradable and compostable options, and improving the recyclability of traditional materials. The sustained growth of e-commerce and the increasing demand for sustainable packaging solutions indicate a dynamic and evolving market landscape.
Retail Bag Industry Company Market Share
Retail Bag Industry: A Comprehensive Market Report (2019-2033)
This detailed report provides a comprehensive analysis of the global retail bag industry, covering market size, segmentation, growth drivers, challenges, and key players. The study period spans from 2019 to 2033, with 2025 serving as both the base and estimated year. The forecast period extends from 2025 to 2033, while the historical period encompasses 2019-2024. This report is crucial for industry stakeholders, investors, and businesses seeking to understand the dynamics and future prospects of this evolving market. The global market value is estimated at xx Million in 2025 and is projected to reach xx Million by 2033, exhibiting a CAGR of xx%.
Retail Bag Industry Market Concentration & Innovation
This section analyzes the competitive landscape, innovation drivers, and regulatory environment impacting the retail bag industry. The market exhibits a moderately concentrated structure, with a handful of major players holding significant market share. For example, companies like Novolex Holdings Inc. and Smurfit Kappa Group PLC are estimated to collectively hold approximately xx% of the market share in 2025. However, numerous smaller regional and niche players contribute significantly to the overall market diversity.
Key Aspects Analyzed:
- Market Concentration: Assessment of market share held by leading players (e.g., Novolex, Smurfit Kappa), analysis of Herfindahl-Hirschman Index (HHI) to quantify market concentration.
- Innovation Drivers: Focus on sustainable packaging solutions (e.g., biodegradable materials, recycled content), advancements in printing and design technologies, and automation in manufacturing processes.
- Regulatory Frameworks: Examination of policies related to plastic bag bans, extended producer responsibility (EPR) schemes, and labeling requirements influencing material choices and production practices. These regulations are driving a shift towards eco-friendly alternatives.
- Product Substitutes: Analysis of alternatives like reusable bags, paper bags, and other sustainable packaging options and their impact on market share.
- End-User Trends: Examination of evolving consumer preferences towards sustainability, convenience, and aesthetics influencing demand for various retail bag types.
- M&A Activities: Review of significant mergers and acquisitions (M&As), such as the Coveris Holdings acquisition of Four 04 Packaging in 2021, and their impact on market consolidation and innovation. Estimated total M&A deal value for the period 2019-2024 is approximately xx Million.
Retail Bag Industry Industry Trends & Insights
The retail bag industry is experiencing significant transformation driven by several key factors. The increasing adoption of e-commerce is fueling demand for mailers and shipping bags, while growing environmental concerns are driving the shift towards sustainable materials like recycled plastics (rPET) and paper. Consumer preferences for aesthetically pleasing and functional packaging are also influencing product design and innovation.
- Market Growth Drivers: Rising e-commerce sales, increasing consumer awareness of environmental issues, and demand for customized packaging solutions contribute to substantial market growth.
- Technological Disruptions: Advancements in material science, printing technologies, and automation are improving efficiency and sustainability in bag production.
- Consumer Preferences: A growing preference for sustainable and reusable bags alongside demands for customized designs and branding impact purchasing decisions.
- Competitive Dynamics: Intense competition among manufacturers is driving innovation, price optimization, and strategic partnerships. The market is characterized by both large multinational corporations and smaller specialized players.
Dominant Markets & Segments in Retail Bag Industry
The retail bag market shows geographic variations in dominance, with North America and Europe currently holding the largest shares due to strong e-commerce penetration and established retail infrastructures. Within these regions, specific segments show remarkable growth.
Key Drivers:
- Economic Policies: Government incentives for sustainable packaging and regulations against plastic bags significantly affect market dynamics.
- Infrastructure: Robust logistics and supply chains support the demand for retail bags, especially in developed regions.
Dominance Analysis:
- By Material Type: Plastic bags remain dominant due to cost-effectiveness and versatility, however, the share of paper and other sustainable materials is steadily growing.
- By End-User: Grocery stores represent a substantial market segment, followed by food service and other end-users. The growth of online grocery shopping is significantly boosting the demand for specialized bags in the food service sector.
- Other Plastic Types (PET, Polyester, rPET): The use of recycled PET (rPET) is expanding due to growing sustainability concerns.
- Paper: Paper bags are gaining popularity due to their environmentally friendly nature and biodegradable properties.
- Other Material Types (Jute, Cotton, Canvas): These materials offer premium options, especially appealing to environmentally conscious consumers, though their market share remains comparatively smaller.
Retail Bag Industry Product Developments
Recent product innovations focus heavily on sustainability and functionality. Manufacturers are introducing biodegradable and compostable bags made from plant-based materials, alongside improved designs for enhanced durability and reusability. Technological advancements in printing techniques allow for greater customization and branding options, enhancing market appeal. This focus on sustainability and enhanced features offers a significant competitive advantage.
Report Scope & Segmentation Analysis
This report segments the retail bag market by material type (plastic, paper, other), end-user (grocery stores, food service, other), and specific plastic types (PET, polyester, rPET). Each segment's growth projections, market size, and competitive dynamics are analyzed, providing a detailed understanding of the market structure and potential opportunities. For example, the plastic segment is expected to maintain a considerable market share throughout the forecast period, albeit with a growing emphasis on recycled and sustainable options. The paper segment is projected to experience significant growth driven by increasing environmental awareness.
Key Drivers of Retail Bag Industry Growth
Several key factors are driving the growth of the retail bag industry. Technological advancements, particularly in sustainable materials and production processes, are creating more eco-friendly and cost-effective options. Economic growth and increased consumer spending, especially in e-commerce, are boosting demand. Furthermore, supportive government regulations promoting sustainable packaging and restricting single-use plastics are creating favorable conditions for market expansion.
Challenges in the Retail Bag Industry Sector
The retail bag industry faces challenges such as fluctuating raw material prices, stringent environmental regulations, and intense competition. Supply chain disruptions and the need for continuous innovation to meet evolving consumer preferences also present significant hurdles. These factors could impact profitability and overall market growth.
Emerging Opportunities in Retail Bag Industry
Emerging opportunities lie in the development and adoption of innovative sustainable materials, customized packaging solutions, and expansion into new markets, particularly in developing economies experiencing rapid economic growth. The growing preference for reusable bags presents a significant potential market segment for manufacturers.
Leading Players in the Retail Bag Industry Market
- El Dorado Packaging Inc
- Coveris Holdings SA (Coveris Holdings SA)
- Rutan Poly Industries Inc
- IMEX Packaging
- GreenPack Limited
- American Packaging Corporation
- Atlantic Poly Inc
- Rainbow Packaging Inc
- Global-Pak Inc
- Novolex Holdings Inc (Novolex Holdings Inc)
- Mondi Group PLC (Mondi Group PLC)
- International Paper Company (International Paper Company)
- Smurfit Kappa Group PLC (Smurfit Kappa Group PLC)
- BioPak Pty Ltd
- Welton Bibby And Baron Limited
- The Carry Bag Company
- Attwoods Packaging Company
Key Developments in Retail Bag Industry Industry
- May 2021: Coveris Holdings announced the acquisition of Four 04 Packaging, expanding its biodegradable bag offerings and UK presence.
- June 2021: Mondi Group Inc. announced plans to expand its paper-based MailerBAG range, aiming to replace plastic packaging in e-commerce with a recyclable alternative.
Strategic Outlook for Retail Bag Industry Market
The retail bag industry is poised for continued growth driven by increasing e-commerce, growing environmental concerns, and the ongoing innovation of sustainable packaging solutions. Opportunities exist in expanding into emerging markets and developing customized packaging options to meet the diverse needs of consumers. The focus on sustainability will continue to shape the industry's future trajectory.
Retail Bag Industry Segmentation
-
1. Material Type
-
1.1. Plastic
- 1.1.1. Polyethylene (PE)
- 1.1.2. Polypropylene (PP)
- 1.1.3. Other Plastic Types (PET, Polyester, rPET)
- 1.2. Paper
- 1.3. Other Material Types (Jute, Cotton, Canvas)
-
1.1. Plastic
-
2. End-User
- 2.1. Grocery Stores
- 2.2. Food Service
- 2.3. Other End-Users
Retail Bag Industry Segmentation By Geography
- 1. North America
- 2. Europe
- 3. Asia Pacific
- 4. Latin America
- 5. Middle East and Africa
Retail Bag Industry Regional Market Share
Geographic Coverage of Retail Bag Industry
Retail Bag Industry REPORT HIGHLIGHTS
| Aspects | Details |
|---|---|
| Study Period | 2020-2034 |
| Base Year | 2025 |
| Estimated Year | 2026 |
| Forecast Period | 2026-2034 |
| Historical Period | 2020-2025 |
| Growth Rate | CAGR of 5.66% from 2020-2034 |
| Segmentation |
|
Table of Contents
- 1. Introduction
- 1.1. Research Scope
- 1.2. Market Segmentation
- 1.3. Research Methodology
- 1.4. Definitions and Assumptions
- 2. Executive Summary
- 2.1. Introduction
- 3. Market Dynamics
- 3.1. Introduction
- 3.2. Market Drivers
- 3.2.1. Growing Preference for Paper Bags Globally; Rising Consumption of Personal Care Products and Cosmetics
- 3.3. Market Restrains
- 3.3.1. Restrictions on Using Plastic Retail Bags
- 3.4. Market Trends
- 3.4.1. Paper Material Segment to Have a Dominant Share in the Market
- 4. Market Factor Analysis
- 4.1. Porters Five Forces
- 4.2. Supply/Value Chain
- 4.3. PESTEL analysis
- 4.4. Market Entropy
- 4.5. Patent/Trademark Analysis
- 5. Global Retail Bag Industry Analysis, Insights and Forecast, 2020-2032
- 5.1. Market Analysis, Insights and Forecast - by Material Type
- 5.1.1. Plastic
- 5.1.1.1. Polyethylene (PE)
- 5.1.1.2. Polypropylene (PP)
- 5.1.1.3. Other Plastic Types (PET, Polyester, rPET)
- 5.1.2. Paper
- 5.1.3. Other Material Types (Jute, Cotton, Canvas)
- 5.1.1. Plastic
- 5.2. Market Analysis, Insights and Forecast - by End-User
- 5.2.1. Grocery Stores
- 5.2.2. Food Service
- 5.2.3. Other End-Users
- 5.3. Market Analysis, Insights and Forecast - by Region
- 5.3.1. North America
- 5.3.2. Europe
- 5.3.3. Asia Pacific
- 5.3.4. Latin America
- 5.3.5. Middle East and Africa
- 5.1. Market Analysis, Insights and Forecast - by Material Type
- 6. North America Retail Bag Industry Analysis, Insights and Forecast, 2020-2032
- 6.1. Market Analysis, Insights and Forecast - by Material Type
- 6.1.1. Plastic
- 6.1.1.1. Polyethylene (PE)
- 6.1.1.2. Polypropylene (PP)
- 6.1.1.3. Other Plastic Types (PET, Polyester, rPET)
- 6.1.2. Paper
- 6.1.3. Other Material Types (Jute, Cotton, Canvas)
- 6.1.1. Plastic
- 6.2. Market Analysis, Insights and Forecast - by End-User
- 6.2.1. Grocery Stores
- 6.2.2. Food Service
- 6.2.3. Other End-Users
- 6.1. Market Analysis, Insights and Forecast - by Material Type
- 7. Europe Retail Bag Industry Analysis, Insights and Forecast, 2020-2032
- 7.1. Market Analysis, Insights and Forecast - by Material Type
- 7.1.1. Plastic
- 7.1.1.1. Polyethylene (PE)
- 7.1.1.2. Polypropylene (PP)
- 7.1.1.3. Other Plastic Types (PET, Polyester, rPET)
- 7.1.2. Paper
- 7.1.3. Other Material Types (Jute, Cotton, Canvas)
- 7.1.1. Plastic
- 7.2. Market Analysis, Insights and Forecast - by End-User
- 7.2.1. Grocery Stores
- 7.2.2. Food Service
- 7.2.3. Other End-Users
- 7.1. Market Analysis, Insights and Forecast - by Material Type
- 8. Asia Pacific Retail Bag Industry Analysis, Insights and Forecast, 2020-2032
- 8.1. Market Analysis, Insights and Forecast - by Material Type
- 8.1.1. Plastic
- 8.1.1.1. Polyethylene (PE)
- 8.1.1.2. Polypropylene (PP)
- 8.1.1.3. Other Plastic Types (PET, Polyester, rPET)
- 8.1.2. Paper
- 8.1.3. Other Material Types (Jute, Cotton, Canvas)
- 8.1.1. Plastic
- 8.2. Market Analysis, Insights and Forecast - by End-User
- 8.2.1. Grocery Stores
- 8.2.2. Food Service
- 8.2.3. Other End-Users
- 8.1. Market Analysis, Insights and Forecast - by Material Type
- 9. Latin America Retail Bag Industry Analysis, Insights and Forecast, 2020-2032
- 9.1. Market Analysis, Insights and Forecast - by Material Type
- 9.1.1. Plastic
- 9.1.1.1. Polyethylene (PE)
- 9.1.1.2. Polypropylene (PP)
- 9.1.1.3. Other Plastic Types (PET, Polyester, rPET)
- 9.1.2. Paper
- 9.1.3. Other Material Types (Jute, Cotton, Canvas)
- 9.1.1. Plastic
- 9.2. Market Analysis, Insights and Forecast - by End-User
- 9.2.1. Grocery Stores
- 9.2.2. Food Service
- 9.2.3. Other End-Users
- 9.1. Market Analysis, Insights and Forecast - by Material Type
- 10. Middle East and Africa Retail Bag Industry Analysis, Insights and Forecast, 2020-2032
- 10.1. Market Analysis, Insights and Forecast - by Material Type
- 10.1.1. Plastic
- 10.1.1.1. Polyethylene (PE)
- 10.1.1.2. Polypropylene (PP)
- 10.1.1.3. Other Plastic Types (PET, Polyester, rPET)
- 10.1.2. Paper
- 10.1.3. Other Material Types (Jute, Cotton, Canvas)
- 10.1.1. Plastic
- 10.2. Market Analysis, Insights and Forecast - by End-User
- 10.2.1. Grocery Stores
- 10.2.2. Food Service
- 10.2.3. Other End-Users
- 10.1. Market Analysis, Insights and Forecast - by Material Type
- 11. Competitive Analysis
- 11.1. Global Market Share Analysis 2025
- 11.2. Company Profiles
- 11.2.1 El Dorado Packaging Inc
- 11.2.1.1. Overview
- 11.2.1.2. Products
- 11.2.1.3. SWOT Analysis
- 11.2.1.4. Recent Developments
- 11.2.1.5. Financials (Based on Availability)
- 11.2.2 Coveris Holdings SA
- 11.2.2.1. Overview
- 11.2.2.2. Products
- 11.2.2.3. SWOT Analysis
- 11.2.2.4. Recent Developments
- 11.2.2.5. Financials (Based on Availability)
- 11.2.3 Rutan Poly Industries Inc *List Not Exhaustive
- 11.2.3.1. Overview
- 11.2.3.2. Products
- 11.2.3.3. SWOT Analysis
- 11.2.3.4. Recent Developments
- 11.2.3.5. Financials (Based on Availability)
- 11.2.4 IMEX Packaging
- 11.2.4.1. Overview
- 11.2.4.2. Products
- 11.2.4.3. SWOT Analysis
- 11.2.4.4. Recent Developments
- 11.2.4.5. Financials (Based on Availability)
- 11.2.5 GreenPack Limited
- 11.2.5.1. Overview
- 11.2.5.2. Products
- 11.2.5.3. SWOT Analysis
- 11.2.5.4. Recent Developments
- 11.2.5.5. Financials (Based on Availability)
- 11.2.6 American Packaging Corporation
- 11.2.6.1. Overview
- 11.2.6.2. Products
- 11.2.6.3. SWOT Analysis
- 11.2.6.4. Recent Developments
- 11.2.6.5. Financials (Based on Availability)
- 11.2.7 Atlantic Poly Inc
- 11.2.7.1. Overview
- 11.2.7.2. Products
- 11.2.7.3. SWOT Analysis
- 11.2.7.4. Recent Developments
- 11.2.7.5. Financials (Based on Availability)
- 11.2.8 Rainbow Packaging Inc
- 11.2.8.1. Overview
- 11.2.8.2. Products
- 11.2.8.3. SWOT Analysis
- 11.2.8.4. Recent Developments
- 11.2.8.5. Financials (Based on Availability)
- 11.2.9 Global-Pak Inc
- 11.2.9.1. Overview
- 11.2.9.2. Products
- 11.2.9.3. SWOT Analysis
- 11.2.9.4. Recent Developments
- 11.2.9.5. Financials (Based on Availability)
- 11.2.10 Novolex Holdings Inc
- 11.2.10.1. Overview
- 11.2.10.2. Products
- 11.2.10.3. SWOT Analysis
- 11.2.10.4. Recent Developments
- 11.2.10.5. Financials (Based on Availability)
- 11.2.11 Mondi Group PLC
- 11.2.11.1. Overview
- 11.2.11.2. Products
- 11.2.11.3. SWOT Analysis
- 11.2.11.4. Recent Developments
- 11.2.11.5. Financials (Based on Availability)
- 11.2.12 International Paper Company
- 11.2.12.1. Overview
- 11.2.12.2. Products
- 11.2.12.3. SWOT Analysis
- 11.2.12.4. Recent Developments
- 11.2.12.5. Financials (Based on Availability)
- 11.2.13 Smurfit Kappa Group PLC
- 11.2.13.1. Overview
- 11.2.13.2. Products
- 11.2.13.3. SWOT Analysis
- 11.2.13.4. Recent Developments
- 11.2.13.5. Financials (Based on Availability)
- 11.2.14 BioPak Pty Ltd
- 11.2.14.1. Overview
- 11.2.14.2. Products
- 11.2.14.3. SWOT Analysis
- 11.2.14.4. Recent Developments
- 11.2.14.5. Financials (Based on Availability)
- 11.2.15 Welton Bibby And Baron Limited
- 11.2.15.1. Overview
- 11.2.15.2. Products
- 11.2.15.3. SWOT Analysis
- 11.2.15.4. Recent Developments
- 11.2.15.5. Financials (Based on Availability)
- 11.2.16 The Carry Bag Company
- 11.2.16.1. Overview
- 11.2.16.2. Products
- 11.2.16.3. SWOT Analysis
- 11.2.16.4. Recent Developments
- 11.2.16.5. Financials (Based on Availability)
- 11.2.17 Attwoods Packaging Company
- 11.2.17.1. Overview
- 11.2.17.2. Products
- 11.2.17.3. SWOT Analysis
- 11.2.17.4. Recent Developments
- 11.2.17.5. Financials (Based on Availability)
- 11.2.1 El Dorado Packaging Inc
List of Figures
- Figure 1: Global Retail Bag Industry Revenue Breakdown (billion, %) by Region 2025 & 2033
- Figure 2: North America Retail Bag Industry Revenue (billion), by Material Type 2025 & 2033
- Figure 3: North America Retail Bag Industry Revenue Share (%), by Material Type 2025 & 2033
- Figure 4: North America Retail Bag Industry Revenue (billion), by End-User 2025 & 2033
- Figure 5: North America Retail Bag Industry Revenue Share (%), by End-User 2025 & 2033
- Figure 6: North America Retail Bag Industry Revenue (billion), by Country 2025 & 2033
- Figure 7: North America Retail Bag Industry Revenue Share (%), by Country 2025 & 2033
- Figure 8: Europe Retail Bag Industry Revenue (billion), by Material Type 2025 & 2033
- Figure 9: Europe Retail Bag Industry Revenue Share (%), by Material Type 2025 & 2033
- Figure 10: Europe Retail Bag Industry Revenue (billion), by End-User 2025 & 2033
- Figure 11: Europe Retail Bag Industry Revenue Share (%), by End-User 2025 & 2033
- Figure 12: Europe Retail Bag Industry Revenue (billion), by Country 2025 & 2033
- Figure 13: Europe Retail Bag Industry Revenue Share (%), by Country 2025 & 2033
- Figure 14: Asia Pacific Retail Bag Industry Revenue (billion), by Material Type 2025 & 2033
- Figure 15: Asia Pacific Retail Bag Industry Revenue Share (%), by Material Type 2025 & 2033
- Figure 16: Asia Pacific Retail Bag Industry Revenue (billion), by End-User 2025 & 2033
- Figure 17: Asia Pacific Retail Bag Industry Revenue Share (%), by End-User 2025 & 2033
- Figure 18: Asia Pacific Retail Bag Industry Revenue (billion), by Country 2025 & 2033
- Figure 19: Asia Pacific Retail Bag Industry Revenue Share (%), by Country 2025 & 2033
- Figure 20: Latin America Retail Bag Industry Revenue (billion), by Material Type 2025 & 2033
- Figure 21: Latin America Retail Bag Industry Revenue Share (%), by Material Type 2025 & 2033
- Figure 22: Latin America Retail Bag Industry Revenue (billion), by End-User 2025 & 2033
- Figure 23: Latin America Retail Bag Industry Revenue Share (%), by End-User 2025 & 2033
- Figure 24: Latin America Retail Bag Industry Revenue (billion), by Country 2025 & 2033
- Figure 25: Latin America Retail Bag Industry Revenue Share (%), by Country 2025 & 2033
- Figure 26: Middle East and Africa Retail Bag Industry Revenue (billion), by Material Type 2025 & 2033
- Figure 27: Middle East and Africa Retail Bag Industry Revenue Share (%), by Material Type 2025 & 2033
- Figure 28: Middle East and Africa Retail Bag Industry Revenue (billion), by End-User 2025 & 2033
- Figure 29: Middle East and Africa Retail Bag Industry Revenue Share (%), by End-User 2025 & 2033
- Figure 30: Middle East and Africa Retail Bag Industry Revenue (billion), by Country 2025 & 2033
- Figure 31: Middle East and Africa Retail Bag Industry Revenue Share (%), by Country 2025 & 2033
List of Tables
- Table 1: Global Retail Bag Industry Revenue billion Forecast, by Material Type 2020 & 2033
- Table 2: Global Retail Bag Industry Revenue billion Forecast, by End-User 2020 & 2033
- Table 3: Global Retail Bag Industry Revenue billion Forecast, by Region 2020 & 2033
- Table 4: Global Retail Bag Industry Revenue billion Forecast, by Material Type 2020 & 2033
- Table 5: Global Retail Bag Industry Revenue billion Forecast, by End-User 2020 & 2033
- Table 6: Global Retail Bag Industry Revenue billion Forecast, by Country 2020 & 2033
- Table 7: Global Retail Bag Industry Revenue billion Forecast, by Material Type 2020 & 2033
- Table 8: Global Retail Bag Industry Revenue billion Forecast, by End-User 2020 & 2033
- Table 9: Global Retail Bag Industry Revenue billion Forecast, by Country 2020 & 2033
- Table 10: Global Retail Bag Industry Revenue billion Forecast, by Material Type 2020 & 2033
- Table 11: Global Retail Bag Industry Revenue billion Forecast, by End-User 2020 & 2033
- Table 12: Global Retail Bag Industry Revenue billion Forecast, by Country 2020 & 2033
- Table 13: Global Retail Bag Industry Revenue billion Forecast, by Material Type 2020 & 2033
- Table 14: Global Retail Bag Industry Revenue billion Forecast, by End-User 2020 & 2033
- Table 15: Global Retail Bag Industry Revenue billion Forecast, by Country 2020 & 2033
- Table 16: Global Retail Bag Industry Revenue billion Forecast, by Material Type 2020 & 2033
- Table 17: Global Retail Bag Industry Revenue billion Forecast, by End-User 2020 & 2033
- Table 18: Global Retail Bag Industry Revenue billion Forecast, by Country 2020 & 2033
Frequently Asked Questions
1. What is the projected Compound Annual Growth Rate (CAGR) of the Retail Bag Industry?
The projected CAGR is approximately 5.66%.
2. Which companies are prominent players in the Retail Bag Industry?
Key companies in the market include El Dorado Packaging Inc, Coveris Holdings SA, Rutan Poly Industries Inc *List Not Exhaustive, IMEX Packaging, GreenPack Limited, American Packaging Corporation, Atlantic Poly Inc, Rainbow Packaging Inc, Global-Pak Inc, Novolex Holdings Inc, Mondi Group PLC, International Paper Company, Smurfit Kappa Group PLC, BioPak Pty Ltd, Welton Bibby And Baron Limited, The Carry Bag Company, Attwoods Packaging Company.
3. What are the main segments of the Retail Bag Industry?
The market segments include Material Type, End-User.
4. Can you provide details about the market size?
The market size is estimated to be USD 18.97 billion as of 2022.
5. What are some drivers contributing to market growth?
Growing Preference for Paper Bags Globally; Rising Consumption of Personal Care Products and Cosmetics.
6. What are the notable trends driving market growth?
Paper Material Segment to Have a Dominant Share in the Market.
7. Are there any restraints impacting market growth?
Restrictions on Using Plastic Retail Bags.
8. Can you provide examples of recent developments in the market?
June 2021 - Mondi Group Inc. announced plans for increasing its paper-based MailerBAG range to further replace plastic packaging in e-commerce with a recyclable solution made of responsibly sourced renewable materials.
9. What pricing options are available for accessing the report?
Pricing options include single-user, multi-user, and enterprise licenses priced at USD 4750, USD 5250, and USD 8750 respectively.
10. Is the market size provided in terms of value or volume?
The market size is provided in terms of value, measured in billion.
11. Are there any specific market keywords associated with the report?
Yes, the market keyword associated with the report is "Retail Bag Industry," which aids in identifying and referencing the specific market segment covered.
12. How do I determine which pricing option suits my needs best?
The pricing options vary based on user requirements and access needs. Individual users may opt for single-user licenses, while businesses requiring broader access may choose multi-user or enterprise licenses for cost-effective access to the report.
13. Are there any additional resources or data provided in the Retail Bag Industry report?
While the report offers comprehensive insights, it's advisable to review the specific contents or supplementary materials provided to ascertain if additional resources or data are available.
14. How can I stay updated on further developments or reports in the Retail Bag Industry?
To stay informed about further developments, trends, and reports in the Retail Bag Industry, consider subscribing to industry newsletters, following relevant companies and organizations, or regularly checking reputable industry news sources and publications.
Methodology
Step 1 - Identification of Relevant Samples Size from Population Database
Step 2 - Approaches for Defining Global Market Size (Value, Volume* & Price*)
Note*: In applicable scenarios
Step 3 - Data Sources
Primary Research
- Web Analytics
- Survey Reports
- Research Institute
- Latest Research Reports
- Opinion Leaders
Secondary Research
- Annual Reports
- White Paper
- Latest Press Release
- Industry Association
- Paid Database
- Investor Presentations
Step 4 - Data Triangulation
Involves using different sources of information in order to increase the validity of a study
These sources are likely to be stakeholders in a program - participants, other researchers, program staff, other community members, and so on.
Then we put all data in single framework & apply various statistical tools to find out the dynamic on the market.
During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence