Market Research Report
Retail Bags - Global Market Outlook (2019-2027)
|Published by||Stratistics Market Research Consulting||Product code||956179|
|Published||Content info||176 Pages
Delivery time: 2-3 business days
|Retail Bags - Global Market Outlook (2019-2027)|
|Published: August 1, 2020||Content info: 176 Pages||
According to Stratistics MRC, the Global Retail Bags Market is expected to grow at a CAGR of 7.7% during the forecast period. Some of the key factors propelling the growth of the market are growing retail chains, rising disposable income, and an increasing number of shopping malls. However, rising concern regarding the reduction of waste is the restraining factor for the growth of the market.
The bags that are dispensed at the point of sale for consumers to carry their purchases from the store are known as retail bags. A wide variety of retail bags are being provided by different retailers to their customers.
By material, the plastic segment is expected to grow at a significant market share during the forecast period as it is the comfortable, affordable, and adaptable option for shopping. Based on geography, Asia Pacific is anticipated to hold considerable market share during the forecast period which is attributed to the rapidly-growing middle-class population in the region.
Some of the key players in Retail Bags Market include Smurfit Kappa Group PLC, Rainbow Packaging Inc, Mondi Group PLC, The Carry Bag Company, Burberry Group plc, Coveris Holdings S.A., Attwoods Packaging Company, Welton Bibby And Baron Limited, Global-Pak Inc, International Paper Company, Rutan Poly Industries Inc, Prada Holding B.V., Atlantic Poly Inc, SPP Poly Pack Pvt. Ltd, El Dorado Packaging Inc, and Novolex Holdings Inc.
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Note: Tables for North America, Europe, APAC, South America, and Middle East & Africa Regions are also represented in the same manner as above.