PUBLISHER: Market Research Future | PRODUCT CODE: 1830041
PUBLISHER: Market Research Future | PRODUCT CODE: 1830041
Global Retail Bag Market Research Report Information by Material [Plastic (HDPE, LDPE, PP, etc.), Paper (Kraft, Coated, Recycled, etc.), Fabric (Cotton, Jute, Non-woven, etc.), Biodegradable Compostable Materials], by Product Type (Shopping Bags, Tote Bags, Die-Cut Handle Bags, T-Shirt Bags), by End Use Industry (Grocery Supermarkets, Fashion Apparel, Electronics Appliance, Electronics Appliances, Food Beverage, Health Beauty, Luxury Specialty Stores), by Distribution Channel (Online Retail, Offline Retail), by Capacity [Small (Up to 5kg), Medium (5kg - 10kg), Large (10kg above)], and by Region (North America, Europe, Asia-Pacific, Latin America, Africa) Forecast till 2035
Industry Overview
The global retail bag market size is expected to hit USD 29,422.52 million, registering a 5.64% CAGR during the forecast period. Retail bags are carry bags provided by shops or outlets to customers for holding and transporting their purchases. They come in various styles and materials, serving both functional and promotional purposes.
Environmental consciousness stands out as a defining force in the global retail bag market. With mounting alarm over plastic waste, climate impact, and unsustainable consumption, consumers increasingly prefer eco-friendly solutions. This shift is accelerating demand for bags made from paper, jute, bioplastics, and recycled materials. Transparency, certifications, and lifecycle assessments are gaining importance, while innovation in sustainable materials reinforces the trend. Retailers worldwide are pivoting to green alternatives, positioning environmental awareness as a central driver of long-term market growth.
Major Company Development
The latest news highlights Plasta Group's focus on eco-friendly initiatives and company growth. In January 2024, the company launched "Trash Panda," consisting of Baltic supermarkets' waste bags made from recycled household plastic films. By April 2024, it had already extended its product portfolio with ECOP¬lasta, committed to producing waste bags and bin liners made of 100% recycled post-consumer waste. Plasta, in its October move, bought LLC GEROVE, a manufacturer of plastic products utilizing recycled materials that has been making environmentally friendly plastic products, thus increasing its production capacity and expanding its presence in the market.
Major players in the global retail bags market include Smurfit Kappa, BIOPAK PTY LTD, Mondi plc, INTERNATIONAL PAPER, Novolex Holdings, Inc., Stora Enso, Huhtamaki Oyj, HE Koch & Co., Billerud AB, Attwoods, The Carry Bag Company, Carrier Bag Shop, Inteplast Group, Dongguan Huanyou, Package Products Co., Ltd., and COSMOPLAST UAE.
Report Attribute Details
Industry Segmentations
Over the past years, the retail bag market across North America has been changing dramatically with the introduction of regulations and the demands of consumers for sustainable products. Major retail chains are in the process of putting sustainability into their supply chain, while e-retailers are engaging in finding better packaging practices to meet their customers' expectations.
Leading the worldwide move to eco-friendly shopping bags, Europe is quite a distance ahead. The European Union's Single-Use Plastics Directive and Circular Economy Action Plan have played a major role in promoting the use of materials that are recyclable and biodegradable.
The demand for sustainable shopping bags has been going up in the Asia-Pacific continent at a fast pace, as the countries there are becoming more and more stringent in their waste management policies. The Plastic Pollution Control Action Plan of China and the Waste Management Rules of India have been major factors in the rise of green products.
The retail bag market in Latin America is gaining traction as governments adopt stricter environmental policies. Argentina's smart waste management initiatives and Brazil's biodegradable laws are pushing retailers toward sustainable packaging. Consumer demand for eco-friendly bags is strongest in urban centers, although high production costs limit access for smaller businesses.
Africa's retail bag market is increasingly defined by government action against plastic waste. Kenya and Rwanda have introduced some of the world's toughest plastic bag bans, creating demand for fabric, paper, and compostable alternatives. Rising urbanization and consumer awareness are fueling sustainable consumption, while e-commerce growth adds new opportunities.
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