Report Description

Global Plastic Bags and Sacks Market, By Material Type (Bio Degradable, Non-Bio Degradable), By Product Type (T Shirt Bags and Others), By Application (Retail & Consumer Applications and Others), By Company and By Geography, Forecast & Opportunities, 2024

Global Plastic Bags and Sacks market is projected to cross USD 23.7 Billion by 2024, growing at a CAGR of over 3% during the forecast period. Factors, such as rising consumer demand across various verticals, cost effectiveness and abundant availability, are propelling the growth of the Global Plastic Bags and Sacks market during the forecast period, 2020-2024. Based on the material type, the Global Plastic Bags and Sacks market has been segmented into Bio degradable and Non-Biodegradable. Owing to the cost-effectiveness, the non-biodegradable segment is poised to grow at the highest CAGR during the forecast period. However, rising awareness among consumers and increasing demand for deposable plastic will contribute to the growing share of the biodegradable plastic segment in the forecast period. Based on the application, the Global Plastic Bags and Sacks market is categorised into Retail & Consumer Applications, Institutional Services and Industrial Applications. Retail & consumer application is expected to occupy the lion share during the forecast period, owing to the rising demand for plastic bags and sacks. Geographically, the market has been segmented into Asia-Pacific, North America, South America, Middle East & Africa and Europe. Europe is expected to hold the largest market size in the forecast period, due to the rising application of plastic in various industries.  

Years considered for this report:

Historical Year : 2014-2017

Base Year : 2018

Estimated : 2019

Forecast : 2020-2024

Objective of the Study:

  • To analyse and forecast the market size of Global Plastic Bags and Sacks Market, in terms of value and volume.
  • To classify and forecast Global Plastic Bags and Sacks Market based on material type, product type, application and regional distribution.
  • To identify drivers and challenges for Global Plastic Bags and Sacks Market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in Global Plastic Bags and Sacks Market.
  • To conduct the pricing analysis for Global Plastic Bags and Sacks Market.
  • To identify and analyse the profile of leading players involved in the manufacturing of Global Plastic Bags and Sacks.

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Some of the leading players in the Global Plastic Bags and Sacks Market are Berry Plastics Inc, Novolex Holdings, Inc. Mondi Group, Ampac Holdings, LLC, International Plastics Inc., BioBag International AS, Polykar Industries Inc, Inteplast Group, Bischof & Klein GmbH & Co. KG, etc.

TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analysed the service offerings, distribution channels and presence of all major collaboration solution providers across the globe.

TechSci Research calculated the market size of Global Plastic Bags and Sacks Market using a bottom-up approach, where data for various application across various technology were recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analysing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company website, news articles, press releases, company annual reports, investor presentations and financial reports were also used by TechSci Research.

Key Target Audience:

  • Plastic Manufacturers
  • Suppliers of Plastic Bags and Sacks
  • Traders and Distributors
  • Market Research Firms
  • Government Institutions
  • Industry associations and experts
  • Research organizations and consulting companies

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as collaboration manufacturer and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Report Scope:

In this report, Global Plastic Bags and Sacks Market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Market, By Material Type:
    • Biodegradable
    • Non- Biodegradable
  • Market, By Product Type:
    • T Shirt Bags
    • Gusseted Bags
    • Lay Flat Bags
    • Trash Bags
    • Rubble Sacks
    • Woven Sacks
    • Others
  • Market, By Application:
    • Retail & Consumer Applications
    • Institutional Services
    • Industrial Applications
  • Market, By Region:
    • Asia Pacific
      • China
      • India 
      • Japan
      • South Korea
      • Australia
      • Singapore
      • Malaysia
    • Europe
      • France
      • Germany
      • United Kingdom
      • Italy
      • Spain
    • North America
      • United States
      • Mexico
      • Canada
    • South America
      • Brazil
      • Argentina
      • Colombia
    • Middle East and Africa
      • South Africa
      • Saudi Arabia
      • UAE
      • Qatar

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in Plastic Bags and Sacks Market.

Available Customizations:

With the given market data, TechSci Research offers customizations according the company’s specific needs. The following customization options are available for the report:

Company Information

  • Detailed analysis and profiling of additional market players (up to five).

Profit Margin Analysis

  • Profit margin analysis in case of direct and indirect sales channel.

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