Retail Carry Bags Market is expected to grow at a CAGR of 5.7% during the forecast period and market is projected to reach US$ 13.85 Bn. by 2029. The global Retail Bags market report is a comprehensive analysis of the industry, market, and key players. The report has covered the market by demand and supply-side by segments. The global Retail Bags report also provides trends by market segments, technology, and investment with a competitive landscape.To know about the Research Methodology :- Request Free Sample Report
Retail Bags Market Overview:
Retail bags are the bags that are given to customers at the point of sale to take their products out of the retailer. Customers may choose from a large range of retail bags given by various businesses. Globally, the constantly growing number of shopping malls, supermarkets, and established retail industries have considerably fueled the demand for retail bags. The retail bag industry is expanding rapidly as a result of rising retail sectors and increased customer demand for eco-friendly packaging.Retail Bags Market Dynamics:
Drivers: On a global scale, the increased use of handbags by working-class women is projected to continue to be an important trend. In nations such as India, China, South Korea, and Indonesia, the faster growth of the corporate and established sectors has been fuelling the demand for commodities. It is expected that enacting specific laws prohibiting the use of plastic bags in retail is anticipated to have an impact on the market. Nonetheless, the category is expected to grow over the projection period, owing to an increase in the demand for reusable plastic and the use of plastic in some regions. For example, many restaurants, particularly fast-food franchises like Wendy's, Burger King, and McDonald's, use paper bags exclusively, and reusable bags are not a viable option for eateries in general. Restraints: During the projection period, however, the market for shopping bags is estimated to witness a fall in sales. This is owing to the global disruption produced by the COVID-19 epidemic. The growth rate is slowing since visitors from numerous nations may not visit as much as they have in recent years.Retail Bags Market Segment Analysis:
Based on Material Type, the plastic segment dominated the market over the forecast period. Plastic is frequently used in the manufacture of retail carry bags. These plastic retail carry bags are a convenient, cost-effective, and versatile shopping choice. Plastic retail carry bags are widely used in many types of establishments, including general stores, supermarkets, clothes, general merchandise, and specialized shops. High-density polyethylene (HDPE) plastic is the most common form of plastic used in plastic bags. Low-density polyethylene (LDPE) and polypropylene (PP) are two more forms of plastic that are extensively utilized.Regional Insights:
The Retail Bags Market is expected to grow significantly in Asia-Pacific, owing to an increase in the number of manufacturing facilities and a growing client base throughout the region. The region's growing retail industry is also increasing the need for retail bags. For example, the retail business income of consumer products in China was roughly 3.2 trillion yuan in May 2021, according to the National Bureau of Statistics of China. Furthermore, according to MOFCOM China, online sales accounted for 20.7 % of retail sales in China in 2022. The APAC region is expected to be the fastest-growing due to the rising demand for paper pulp in nations such as China and India. In China, the transit packaging sector is booming, which, along with rising consumer demand, is driving increasing demand for retail paper bags. Exports are increasing in the booming logistics industry, as corrugated boxes are expected to dominate the market in the APAC area. The rapidly rising middle-class population is expected to boost the need for paper bags and hence propel the retail bags market area, owing to significant growth in industries such as cosmetics and fast-moving consumer goods (FMCG). The objective of the report is to present a comprehensive analysis of the global Retail Bags market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding the global Retail Bags market dynamics, structure by analyzing the market segments and project the global Retail Bags market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the global Retail Bags market make the report investor’s guide.Retail Bags Market Key Developments:
In June 2020, Mondi has completed the installation of a new cutting-edge paper sack conversion equipment at its Nyregyháza facility in Hungary. The equipment, a Windmöller & Hölscher AD 8320 / AM 8115, enables the business to make a new line of complex food packaging paper sacks. In May 2020, Novolex has created new grease-resistant, non-fluorinated wraps, and clamshells. Sandwich wraps, sandwich bags, bakery bags, chip bags, deli bags, and micro-flute clamshells are among the new products offered by Novolex brands Bagcraft and Burrows Packaging. The performance level of these novel non-fluorinated items is equivalent to grease-resistant items created using traditional materials.Retail Bags Market Scope: Inquire before buying
Global Retail Bags Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 9.39 Bn. Forecast Period 2023 to 2029 CAGR: 5.7% Market Size in 2029: US $ 13.85 Bn. Segments Covered: by Material Type Plastic Polyethylene (PE) Polypropylene (PP) High Density Polyethylene (HDPE) Low Density Polyethylene (LDPE) Other Plastic Types Paper Natural Materials Jute Cotton & Canvas Other Natural Materials by Pattern Textured Printed Solid Other Patterns by End User Online Retailer Offline Retailer Retail Bags Market, by Region
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) North America (United States, Canada and Mexico) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Key Players
1.Smurfit Kappa Group PLC 2.SPP Poly Pack Pvt. Ltd. 3. Mondi Group PLC 4. EI Dorado Packaging, Inc. 5. International Paper Company 6. Attwoods Packaging Company 7. Global-Pak, Inc. 8. The Carry Bag Company 9. Welton Bibby And Baron Limited 10.Rainbow Packaging, Inc. 11.Coveris Holdings S.A. 12.Burberry Group plc 13.Parda Holding B. V. 14.Atlantic Poly Inc 15.Novolex Holdings, Inc 16.Rutan Poly Industries 17.Other Key Players Frequently Asked Questions: 1. Which region has the largest share in Global Retail Bags Market? Ans: Asia-Pacific region held the highest share in 2022. 2. What is the growth rate of Global Retail Bags Market? Ans: The Global Retail Bags Market is growing at a CAGR of 5.7% during forecasting period 2023-2029. 3. What is scope of the Global Retail Bags market report? Ans: Global Retail Bags Market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Retail Bags market? Ans: The important key players in the Global Retail Bags Market are – Smurfit Kappa Group PLC, SPP Poly Pack Pvt. Ltd., Mondi Group PLC, EI Dorado Packaging, Inc., International Paper Company, Attwoods Packaging Company, Global-Pak, Inc., The Carry Bag Company, Welton Bibby And Baron Limited, Rainbow Packaging, Inc., Coveris Holdings S.A., Burberry Group plc, Parda Holding B. V., Atlantic Poly Inc, Novolex Holdings, Inc, Rutan Poly Industries, and Other Key Players 5. What is the study period of this market? Ans: The Global Retail Bags Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Retail Bags Market Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Retail Bags Market 3.4. Geographical Snapshot of the Retail Bags Market, By Manufacturer share 4. Global Retail Bags Market Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Retail Bags Market 5. Supply Side and Demand Side Indicators 6. Global Retail Bags Market Analysis and Forecast, 2022-2029 6.1. Global Retail Bags Market Size & Y-o-Y Growth Analysis. 7. Global Retail Bags Market Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 7.1.1. Plastic 7.1.1.1. Polyethylene (PE) 7.1.1.2. Polypropylene (PP) 7.1.1.3. High Density Polyethylene (HDPE) 7.1.1.4. Low Density Polyethylene (LDPE) 7.1.1.5. Other Plastic Types 7.1.2. Paper 7.1.3. Natural Materials 7.1.3.1. Jute 7.1.3.2. Cotton & Canvas 7.1.3.3. Other Natural Materials 7.2. Market Size (Value) Estimates & Forecast By Pattern, 2022-2029 7.2.1. Textured 7.2.2. Printed 7.2.3. Solid 7.2.4. Other Patterns 7.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 7.3.1. Online Retailer 7.3.2. Offline Retailer 8. Global Retail Bags Market Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Retail Bags Market Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 9.1.1. Plastic 9.1.1.1. Plastic 9.1.1.2. Polyethylene (PE) 9.1.1.3. Polypropylene (PP) 9.1.1.4. High Density Polyethylene (HDPE) 9.1.1.5. Low Density Polyethylene (LDPE) 9.1.1.6. Other Plastic Types 9.1.2. Paper 9.1.3. Natural Materials 9.1.3.1. Jute 9.1.3.2. Cotton & Canvas 9.1.3.3. Other Natural Materials 9.2. Market Size (Value) Estimates & Forecast By Pattern, 2022-2029 9.2.1. Textured 9.2.2. Printed 9.2.3. Solid 9.2.4. Other Patterns 9.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 9.3.1. Online Retailer 9.3.2. Offline Retailer 10. North America Retail Bags Market Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Retail Bags Market Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Pattern, 2022-2029 11.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 12. Canada Retail Bags Market Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Pattern, 2022-2029 12.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 13. Mexico Retail Bags Market Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Pattern, 2022-2029 13.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 14. Europe Retail Bags Market Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Pattern, 2022-2029 14.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 15. Europe Retail Bags Market Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Retail Bags Market Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Pattern, 2022-2029 16.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 17. France Retail Bags Market Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Pattern, 2022-2029 17.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 18. Germany Retail Bags Market Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Pattern, 2022-2029 18.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 19. Italy Retail Bags Market Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Pattern, 2022-2029 19.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 20. Spain Retail Bags Market Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Pattern, 2022-2029 20.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 21. Sweden Retail Bags Market Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Pattern, 2022-2029 21.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 22. CIS Countries Retail Bags Market Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Pattern, 2022-2029 22.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 23. Rest of Europe Retail Bags Market Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Pattern, 2022-2029 23.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 24. Asia Pacific Retail Bags Market Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Pattern, 2022-2029 24.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 25. Asia Pacific Retail Bags Market Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Retail Bags Market Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Pattern, 2022-2029 26.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 27. India Retail Bags Market Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Pattern, 2022-2029 27.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 28. Japan Retail Bags Market Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Pattern, 2022-2029 28.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 29. South Korea Retail Bags Market Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Pattern, 2022-2029 29.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 30. Australia Retail Bags Market Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Pattern, 2022-2029 30.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 31. ASEAN Retail Bags Market Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Pattern, 2022-2029 31.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 32. Rest of Asia Pacific Retail Bags Market Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Pattern, 2022-2029 32.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 33. Middle East Africa Retail Bags Market Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Pattern, 2022-2029 33.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 34. Middle East Africa Retail Bags Market Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Retail Bags Market Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Pattern, 2022-2029 35.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 36. GCC Countries Retail Bags Market Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Pattern, 2022-2029 36.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 37. Egypt Retail Bags Market Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Pattern, 2022-2029 37.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 38. Nigeria Retail Bags Market Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Pattern, 2022-2029 38.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 39. Rest of ME&A Retail Bags Market Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Pattern, 2022-2029 39.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 40. South America Retail Bags Market Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Pattern, 2022-2029 40.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 41. South America Retail Bags Market Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Retail Bags Market Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Pattern, 2022-2029 42.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 43. Argentina Retail Bags Market Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Pattern, 2022-2029 43.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 44. Rest of South America Retail Bags Market Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Pattern, 2022-2029 44.3. Market Size (Value) Estimates & Forecast By End User, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Retail Bags Market 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of Key Players By Price, Presence, Market Share, Capacity, and R&D Investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment, and Verticals 45.2.3.2. M&A, Forward Integration and Backward Integration 45.2.3.3. Partnership, Joint Ventures, and Strategic Alliances/ Sales Agreements 45.3. Company Profile: Key Players 45.3.1. Smurfit Kappa Group PLC 45.3.1.1. Company Overview 45.3.1.2. Financial Overview 45.3.1.3. Geographic Footprint 45.3.1.4. Product Portfolio 45.3.1.5. Business Strategy 45.3.1.6. Recent Developments 45.3.2. SPP Poly Pack Pvt. Ltd. 45.3.3. Mondi Group PLC 45.3.4. EI Dorado Packaging, Inc. 45.3.5. International Paper Company 45.3.6. Attwoods Packaging Company 45.3.7. Global-Pak, Inc. 45.3.8. The Carry Bag Company 45.3.9. Welton Bibby And Baron Limited 45.3.10. Rainbow Packaging, Inc. 45.3.11. Coveris Holdings S.A. 45.3.12. Burberry Group plc 45.3.13. Parda Holding B. V. 45.3.14. Atlantic Poly Inc 45.3.15. Novolex Holdings, Inc 45.3.16. Rutan Poly Industries 45.3.17. Other Key Players 46. Primary Key Insights