The market for plastic bags and sacks is looking pretty good, with steady growth predicted. Why? Well, these bags are in hot demand across all sorts of industries – think food and drinks, consumer goods, even cars and electronics! Plus, everyone's trying to lighten their packaging, which is great news for these lightweight bags. And let's not forget they're flexible, tough (tear-resistant!), and keep moisture out. Oh, and did we mention they're cheap? Lots of companies use them for affordable marketing. But it's not all sunshine and roses. With growing environmental worries, many places are banning plastics, which is hitting the market hard. Then there's the whole COVID-19 thing; it messed with demand, production, and processing, adding another layer of difficulty.
So, how does the world of plastic bags and sacks break down? Well, it's all about type, material, what they're used for, who's making them, and where in the world you are. When it comes to types, you've got your gusseted bags, those ever-popular T-shirt bags, simple lay flat bags, tough rubble sacks, trusty trash bags, durable woven sacks, and, of course, a bunch of others. Guess what? Those T-shirt bags are predicted to be the kings of the market, probably because they're so handy for wrapping up your smaller stuff and super easy to lug around. And what about materials? You're looking at biodegradable and non-biodegradable options. Seems like the non-biodegradable ones are going to grab a big piece of the pie, mostly because they're cheap and hold up really well.
Regionally, the plastic bags and sacks market
The major players operating in the plastic bags and sacks market are Berry Plastics Inc, Novolex Holdings, Inc., Mondi Group, Ampac Holdings, LLC, International Plastics Inc., Inc., AEP Industries Inc, Bischof & Klein GmbH & Co., Interplast Group, Starlinger & Co., Hanoi Plastic Bag JSC and others. Major companies are developing advanced technologies and launching new products to stay competitive in the market. Other competitive strategies include mergers & acquisitions and new product developments.
Objective of the Study
- To analyze and estimate the market size of global plastic bags and sacksmarket from 2018 to 2021.
- To estimate and forecast the market size of global plastic bags andsacks market from 2022 to 2028 and growth rate until 2028.
- To classify and forecast global plastic bags and sacks market based on type,material, application, company and regional distribution.
- To identify dominant region or segment in the global plastic bags andsacks market.
- To identify drivers and challenges for global plastic bags and sacks market.
- To examine competitive developments such as expansions, new productlaunches, mergers & acquisitions, etc., in global plastic bags and sacks market.
- To identify and analyze the profile of leading players operating in globalplastic bags and sacks market.
- To identify key sustainable strategies adopted by market players inglobal plastic bags and sacks market.
TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the manufacturers, distribution channels and presence of all major players across the globe.
TechSci Research calculated the market size of
Key Target Audience
- Plastic bags andsacks manufacturers/ suppliers/ distributors
- Market researchand consulting firms
- Government bodiessuch as regulating authorities and policy makers
- Organizations,forums and alliances related to plastic bags and sacks
The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.
| Attribute | Details |
| Base Year | 2022 |
| Historical Data | 2018 – 2021 |
| Estimated Year | 2023 |
| Forecast Period | 2024 – 2028 |
| Quantitative Units | Revenue in USD Million and CAGR for 2018-2022 and 2023E-2028F |
| Report coverage | Revenue forecast, company share, competitive landscape, growth factors, and trends |
| Segments covered | · Type · Material · Application |
| Regional scope | North America; Europe; Asia Pacific; South America; Middle East & Africa |
| Country scope | United States, Mexico, Canada, China, India, Japan, South Korea, Australia; Germany, France, United Kingdom, Spain, Italy; South Africa, UAE, Saudi Arabia; Kuwait; Brazil, Argentina, Colombia; |
| Key companies profiled | Berry Plastics Inc, Novolex Holdings, Inc., Mondi Group, Ampac Holdings, LLC, International Plastics Inc., Inc., AEP Industries Inc, Bischof & Klein GmbH & Co., Interplast Group, Starlinger & Co., Hanoi Plastic Bag JSC. |
| Customization scope | 10% free report customization with purchase. Addition or alteration to country, regional & segment scope. |
| Pricing and purchase options | Avail customized purchase options to meet your exact research needs. Explore purchase options |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
