Plastic Bags & Sacks Market was valued at USD 23.22 Billion in 2022 and is projected to reach USD 37.41 Billion by 2030, growing at a CAGR of 6.45% from 2024 to 2030.
However, the market faced significant challenges during this period as awareness regarding the environmental impact of plastic waste began to rise. Governments and environmental organizations across the globe started implementing stricter regulations on the use of plastic bags. For example, many countries introduced plastic bag bans, taxes, or imposed recycling policies, thereby directly affecting the demand. Despite these challenges, the market continued to show resilience, with innovations in biodegradable and recyclable plastic materials gaining momentum. Companies began investing in sustainable alternatives to traditional plastic products to align with evolving regulations and consumer preferences for eco-friendly packaging solutions.
The outlook for the plastic bags and sacks market from 2023 to 2033 reflects a mixed but promising future. While the demand for conventional plastic bags is expected to decline due to increasing regulatory pressure, there is a significant shift towards more sustainable solutions. Biodegradable plastics and reusable bags are forecasted to dominate the market as both governments and consumers prioritize sustainability. The e-commerce industry, one of the key drivers for plastic packaging demand, is likely to continue its growth, albeit with an increasing demand for eco-conscious alternatives. Additionally, emerging markets in Asia and Africa are expected to see a rise in plastic bag usage due to the rapid growth of urban populations and the expansion of the retail sector. This shift towards sustainability presents a new wave of opportunities for companies to innovate and cater to the changing demands of environmentally conscious consumers.
Get an In-Depth Research Analysis of the Global Plastic Bags & Sacks Market Size And Forecast [2025-2032]
The plastic bags and sacks market, a critical component of the global packaging industry, experienced notable growth from 2018 to 2022. During this period, the market saw an upward trajectory driven by the increasing demand for convenient packaging solutions in various industries such as retail, food packaging, and e-commerce. The rise in urbanization, increased disposable income, and the growing preference for on-the-go consumption were pivotal factors that fueled the demand for plastic bags and sacks. In particular, the retail sector saw widespread use of plastic bags as a low-cost solution for product packaging and transportation. Furthermore, plastic sacks became essential in the storage and transportation of bulk goods like grains, chemicals, and construction materials.
Novolex
Advance Polybag
Superbag
Unistar Plastics
NewQuantum
Cardia Bioplastics
Olympic Plastic Bags
T.S.T Plaspack
Sahachit Watana
Xtex Polythene
Papier-Mettler
Biobag
Thantawan
Shenzhen Zhengwang
Rongcheng Libai
DDplastic
Jiangsu Torise
Dongguan Xinhai
Shangdong Huanghai
Shenzhen Sanfeng
Leyi
Rizhao Huanuo
Huili
Weifang Baolong
Weifang Longpu
Tianjin Huijin
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Plastic Bags & Sacks Market
Retail & Consumer
Institutional
Industrial
Based on Types the Market is categorized into Below types that held the largest Plastic Bags & Sacks market share In 2023.
Biodegradable
Non-biodegradable
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Plastic Bags & Sacks Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Plastic Bags & Sacks Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Plastic Bags & Sacks Market, By Type
6. Global Plastic Bags & Sacks Market, By Application
7. Global Plastic Bags & Sacks Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Plastic Bags & Sacks Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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