Plastic Bags and Sacks: Global Strategic Business Report

Global Plastic Bags and Sacks Market to Reach $24.7 Billion by 2030

The global market for Plastic Bags and Sacks estimated at US$21.3 Billion in the year 2022, is projected to reach a revised size of US$24.7 Billion by 2030, growing at a CAGR of 1.9% over the analysis period 2022-2030. Non- Biodegradable, one of the segments analyzed in the report, is projected to record 2% CAGR and reach US$21.2 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Biodegradable segment is readjusted to a revised 1.3% CAGR for the next 8-year period.

The U.S. Market is Estimated at $5.7 Billion, While China is Forecast to Grow at 3.4% CAGR

The Plastic Bags and Sacks market in the U.S. is estimated at US$5.7 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$4.9 Billion by the year 2030 trailing a CAGR of 3.4% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 0.3% and 1.4% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 0.8% CAGR.

Select Competitors (Total 44 Featured) -

• AEP Industries, Inc.
• Arihant Packaging
• Berry Plastics Corporation
• Bischof + Klein SE & Co. KG
• Danang Rubber Joint Stock Company
• Goglio SpA
• Hanoi Plastic Bag JSC
• Inteplast Group
• Mondi Ltd.
• Novolex
• ProAmpac
• Schur Flexibles Holding GesmbH
• Starlinger & Co Gesellschaft m.b.H.

What's New?

• Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
• Global competitiveness and key competitor percentage market shares
• Market presence across multiple geographies - Strong/Active/Niche/Trivial
• Online interactive peer-to-peer collaborative bespoke updates
• Access to digital archives and the publisher's Research Platform
• Complimentary updates for one year