Title: Plastic Bag Market - Forecast (2023 - 2028)
1Plastic Bag Market Market size, Industry
outlook, Market Forecast, Demand Analysis, Market
Share, Market Report 2021-2026
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- Global Plastic Bags market size is forecast to
reach US13.1 billion by 2027, after growing at
a CAGR of 3.6 during the forecast period
2022-2027. Plastic bags, also known as a polybag,
are usually made of thin plastic films.
Polyethylene terephthalate, polyethylene,
polypropylene, polylactic acid,
Polyhydroxyalkanoates, and polypropylene are
often used for producing plastic bags. The global
plastic bags and sacks market is driven by the
increasing demand for plastic bags from various
end-use industries such as food beverage,
electronics, cosmetics, and more. Furthermore,
the attributes of these plastic bags, such as
flexibility, tear resistance, and moisture
protection, among others,
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- Key Takeaways
- Plastic bags are light and supple, and their
elasticity aids in adhering to the weight of the
product being packed. Plastic bags have superior
barrier properties and are better suited to
transporting dry goods than other packaging bags
such as jute and paper bags, which is propelling
the market growth. - Increased adoption of sustainable and
environmentally friendly products, as well as the
implementation of strict government regulations,
will raise consumer awareness, resulting in
increased demand for bio-plastics in the near
future. -
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By Distribution Channel- Segment Analysis The
non-biodegradable plastics segment held a
significant share in the global plastic gag
market in 2021 and is forecasted to grow at a
CAGR of 2.7 during the forecast period
2022-2027, as non-biodegradable plastic bags are
available widely at a lower cost and offer
superior properties as compared to biodegradable
plastic bags. PE bags are the most common type of
plastic bags in the world. Because of their low
cost, strength, versatility, and durability, they
are popular.
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- Plastic Bag
Market Outlook - Berry Plastics Inc
- Novolex Holdings Inc.
- Mondi Group
- Ampac Holdings LLC
- International Plastics Inc.
- BioBags International AS
- Polykar Industries Inc
- Inteplast Group
- Hanoi Plastic Bags JSC
- Extrapack Ltd.
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Plastic Bag Market Forecast
(2023 - 2028) Learn More About the Report _at_
https//www.industryarc.com/Research/Global-Plast
ic-Bag-Industry-Market-Research-511789
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- You Can Customize the Report as Per Your Need.
We have included Some Customization Options - Company Profile
- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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