Plastic bag and sack is a flexible packaging made up from thin plastic film. The plastic bag is used for transportation of food, chemical, wastes and others. Plastic bag and sack uses less material than boxes, jars and cartons, thus they are considered as ‘minimized packaging’. Plastic bag and sack can be incinerated in facilities for waste-to-energy conversion. Moreover, the plastic bag and sack are widely used across end use industries such as food & beverages, grocery, clothing & apparel and medical.
Market Dynamics
The global plastic bag and sack market has witnessed significant growth in recent past year, owing to the rising demand for plastic bag and sack among end use sectors. Based on applications, global plastic bag and sack market is bifurcated in Retail & consumer, Institutional and industrial. The major application of plastic bag and sack is retail & consumer across the world, owing to the rising demand from supermarkets & hypermarket and grocery shops for plastic bag and sack. This scenario is estimated to foster the market growth in forecast timeframe.
Based on material type, the global plastic bag and sack market is divided into bio-degradable plastics and non-bio-degradable material. Among these segments, the non- bio-degradable type of material has dominated the global plastic bag and sack market in 2022, owing to the non-bio-degradable material is highly used in production of plastics, due to the cost effectiveness and the availability of material. Furthermore, the rising demand from supermarkets & hypermarkets and retail sector for non-biodegradable plastic bag and sack is expected to drive the market growth of global plastic bag and sack market in forecast period.
Furthermore, Europe dominated the global plastic bag and sack market in 2022, owing to the increasing demand for plastic bag and sack from end use industries of the region. As a result, this scenario is estimated to foster the growth of global plastics bag and sack market in forecast timeframe.
Key features of the study:
- This report provides in-depth analysis of the global plastic bag and sack market, market size (US$ Billion and Thousand Metric tons), and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2023–2030).
- It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market. It provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, plastic bag and sack products, regional outlook, and competitive strategy adopted by the leading players.
- Key companies covered as a part of this study includes Industries Inc, Mondi Group, Berry Plastics Inc., Alpha T-Shirt, Novolex, Ampac Holdings LLC, Bischof & Klein GmbH & Co. KG, Inteplast Group, Starlinger & Co Gesellschaft M.B.H, Da Nang Plastic Joint Stock Company, Hanoi Plastic Bag JSC, Goglio Group, Schur Flexibles Group
- It profiles leading players in the global plastic bag and sack market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, and future plans.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, market expansion, and marketing tactics.
- The global plastic bag and sack market report caters to various stakeholders in this industry, including investors, product developers, distributors, plastic bag and sack product companies, research institutes, new entrants, and financial analysts.
- Stakeholders would greatly benefit in decision-making through the various strategy matrices used in analyzing the global plastic bag and sack market.
Detailed Segmentation:
- Global Plastic Bag and Sack Market, By Application:
- Retail & Consumer
- Grocery Products
- Food & Beverage
- Clothing & Apparel
- Others
- Institutional
- Hospitality
- Hospital & Healthcare Facility
- Others
- Industrial
- Global Plastic Bag and Sack Market By Product Type:
- T-Shirt Bag
- Gusseted Bag
- Lay Flat Bag
- Trash Bag
- Rubble Sack
- Woven Sack
- Others
- Global Plastic Bag and Sack Market, By Material Type:
- Non-Bio-Degradable
- High-density polyethylene (HDPE)
- Low-density polyethylene (LDPE)
- Linear low-density polyethylene (LLDPE)
- Polypropylene (PP)
- Polystyrene (PS)
- Others
- Bio-Degradable
- Polylactic acid (PLA)
- Polyhydroxyalkanoates (PHA)
- Starch Blends
- Others
- Global Plastic Bag and Sack Market, By Geography:
- North America
- Europe
- U.K.
- Germany
- Italy
- France
- Spain
- Nordic
- Benelux
- Russia
- Poland
- Rest of Europe
- Asia Pacific
- China
- India
- Japan
- ASEAN
- Australia & New Zealand
- Rest of Asia Pacific
- Latin America
- Brazil
- Mexico
- Rest of Latin America
- Middle East & Africa
- GCC
- South Africa
- Rest of Middle East & Africa
- Company Profiles
- AEP Industries Inc.
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Mondi Group
- Berry Plastics Inc
- Alpha T-Shirt
- Novolex
- Ampac Holdings LLC
- Bischof & Klein GmbH & Co. KG
- Inteplast Group
- Starlinger & Co Gesellschaft M.B.H
- Da Nang Plastic Joint Stock Company
- Hanoi Plastic Bag JSC
- Goglio Group
- Schur Flexibles Group
- Nutrinity Foundation
“*” marked represents similar segmentation in other categories in the respective section