Single-Use Plastic Bags Market: Size, Share, and Future Growth 2024–2030
Single-Use Plastic Bags Market: Size, Share, and Future Growth 2024–2030
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The Single-Use Plastic Bags Market sector is undergoing rapid transformation, with significant growth and innovations expected by 2029. In-depth market research offers a thorough analysis of market size, share, and emerging trends, providing essential insights into its expansion potential. The report explores market segmentation and definitions, emphasizing key components and growth drivers. Through the use of SWOT and PESTEL analyses, it evaluates the sector’s strengths, weaknesses, opportunities, and threats, while considering political, economic, social, technological, environmental, and legal influences. Expert evaluations of competitor strategies and recent developments shed light on geographical trends and forecast the market’s future direction, creating a solid framework for strategic planning and investment decisions.
Brief Overview of the Single-Use Plastic Bags Market:
The global Single-Use Plastic Bags Market is expected to experience substantial growth between 2024 and 2031. Starting from a steady growth rate in 2023, the market is anticipated to accelerate due to increasing strategic initiatives by key market players throughout the forecast period.
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Which are the top companies operating in the Single-Use Plastic Bags Market?
The report profiles noticeable organizations working in the water purifier showcase and the triumphant methodologies received by them. It likewise reveals insights about the share held by each organization and their contribution to the market's extension. This Global Single-Use Plastic Bags Market report provides the information of the Top Companies in Single-Use Plastic Bags Market in the market their business strategy, financial situation etc.
Bemis Manufacturing Company (U.S.), Transcontinental Inc. (copyright), Ardagh Group S.A. (Luxembourg), Winpak Ltd (copyright), Snapsil (Australia), Sealed Air (U.S.), Coveris (Austria), Immer Ltd (Ukraine), Flextrus AB (Sweden), ProAmpac (U.S.), Amcor Plc (Switzerland),, Amerplast Ltd (Finland), Berry Global Inc.(U.S.), Dana Poly Inc. (U.S.), Hanoi Plastic Bag JSC (Vietnam), International Plastics Inc. (U.S.), Rutan Poly Industries Inc. (U.S.)
Report Scope and Market Segmentation
Which are the driving factors of the Single-Use Plastic Bags Market?
The driving factors of the Single-Use Plastic Bags Market are multifaceted and crucial for its growth and development. Technological advancements play a significant role by enhancing product efficiency, reducing costs, and introducing innovative features that cater to evolving consumer demands. Rising consumer interest and demand for keyword-related products and services further fuel market expansion. Favorable economic conditions, including increased disposable incomes, enable higher consumer spending, which benefits the market. Supportive regulatory environments, with policies that provide incentives and subsidies, also encourage growth, while globalization opens new opportunities by expanding market reach and international trade.
Single-Use Plastic Bags Market - Competitive and Segmentation Analysis:
**Segments**
- By Material: Polyethylene, Biodegradable Materials, Polypropylene, Others
- By Capacity: Up to 500 ml, 500 ml to 1000 ml, 1000 ml to 3000 ml, Above 3000 ml
- By Thickness: Up to 30 microns, 30 to 50 microns, 50 to 70 microns, Above 70 microns
- By End-User: Retail & Consumer Goods, Food & Beverage, Pharmaceutical, Industrial, Others
- By Distribution Channel: Offline, Online
The global single-use plastic bags market is expected to show significant growth during the forecast period 2019 to 2029, driven by increasing demand from various end-user industries such as retail & consumer goods, food & beverage, pharmaceutical, and industrial sectors. The market is segmented based on material type, capacity, thickness, end-user, and distribution channel. The segmentation by material includes polyethylene, biodegradable materials, polypropylene, and others. By capacity, the market is categorized into up to 500 ml, 500 ml to 1000 ml, 1000 ml to 3000 ml, and above 3000 ml. The thickness segment comprises categories such as up to 30 microns, 30 to 50 microns, 50 to 70 microns, and above 70 microns. Furthermore, the end-user segment covers retail & consumer goods, food & beverage, pharmaceutical, industrial, and others. The distribution channel segment includes offline and online channels.
**Market Players**
- Berry Global Inc.
- Novolex
- Superbag
- Biobag International AS
- Trellis Earth Products
- DowDuPont
- Mondi
- Ampac Holdings
- Smurfit Kappa
- International Plastics Inc.
The global single-use plastic bags market is highly competitive with the presence of several key players. Some of theThe global single-use plastic bags market is witnessing significant growth due to the rising demand from various end-user industries. The market is highly competitive, with key players such as Berry Global Inc., Novolex, Superbag, Biobag International AS, Trellis Earth Products, DowDuPont, Mondi, Ampac Holdings, Smurfit Kappa, and International Plastics Inc. These companies are focusing on product innovation, expansion of distribution networks, and strategic partnerships to strengthen their market position and gain a competitive edge. The market players are also investing in research and development activities to introduce eco-friendly alternatives such as biodegradable materials to address the growing concerns regarding environmental sustainability.
The segmentation of the single-use plastic bags market based on material type plays a crucial role in determining the overall market dynamics. Polyethylene, which is a commonly used material in plastic bag manufacturing, is expected to dominate the market due to its flexibility, durability, and cost-effectiveness. However, the growing emphasis on environmental conservation and sustainability has led to the increased adoption of biodegradable materials in the production of single-use plastic bags. Biodegradable materials offer biodegradability and compostability features, making them a preferred choice among environmentally conscious consumers and industries.
Capacity segmentation of the market into different categories such as up to 500 ml, 500 ml to 1000 ml, 1000 ml to 3000 ml, and above 3000 ml caters to the diverse needs of end-users across various industries. The thickness segment, which includes categories like up to 30 microns, 30 to 50 microns, 50 to 70 microns, and above 70 microns, addresses the requirements for different levels of durability and strength in single-use plastic bags. End-user segmentation of the market into retail & consumer goods, food & beverage, pharmaceutical, industrial, and others offers insights into the specific demands and trends within each industry vertical.
The distribution channel segmentation of the single-use**Market Players**
- Bemis Manufacturing Company (U.S.)
- Transcontinental Inc. (copyright)
- Ardagh Group S.A. (Luxembourg)
- Winpak Ltd (copyright)
- Snapsil (Australia)
- Sealed Air (U.S.)
- Coveris (Austria)
- Immer Ltd (Ukraine)
- Flextrus AB (Sweden)
- ProAmpac (U.S.)
- Amcor Plc (Switzerland)
- Amerplast Ltd (Finland)
- Berry Global Inc. (U.S.)
- Dana Poly Inc. (U.S.)
- Hanoi Plastic Bag JSC (Vietnam)
- International Plastics Inc. (U.S.)
- Rutan Poly Industries Inc. (U.S.)
The global single-use plastic bags market is witnessing significant growth and is expected to continue this trend in the coming years. The market is highly competitive, with key players striving to capture a larger share by focusing on innovation, distribution network expansions, and strategic collaborations. Companies like Berry Global Inc., Novolex, Superbag, Biobag International AS, and others are at the forefront of product development to cater to the evolving needs of diverse end-user industries. The increasing emphasis on sustainability and eco-friendly alternatives is driving research and development efforts towards biodegradable materials to align with environmental concerns.
The material segmentation of the single-use plastic bags market has a significant impact on market dynamics. While polyethylene remains a dominant material due to its
North America, particularly the United States, will continue to exert significant influence that cannot be overlooked. Any shifts in the United States could impact the development trajectory of the Single-Use Plastic Bags Market. The North American market is poised for substantial growth over the forecast period. The region benefits from widespread adoption of advanced technologies and the presence of major industry players, creating abundant growth opportunities.
Similarly, Europe plays a crucial role in the global Single-Use Plastic Bags Market, expected to exhibit impressive growth in CAGR from 2024 to 2029.
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Key Benefits for Industry Participants and Stakeholders: –
- Industry drivers, trends, restraints, and opportunities are covered in the study.
- Neutral perspective on the Single-Use Plastic Bags Market scenario
- Recent industry growth and new developments
- Competitive landscape and strategies of key companies
- The Historical, current, and estimated Single-Use Plastic Bags Market size in terms of value and size
- In-depth, comprehensive analysis and forecasting of the Single-Use Plastic Bags Market
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2024-2031) of the following regions are covered in Chapters
The countries covered in the Single-Use Plastic Bags Market report are U.S., copyright and Mexico in North America, Brazil, Argentina and Rest of South America as part of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA
Detailed TOC of Single-Use Plastic Bags Market Insights and Forecast to 2029
Part 01: Executive Summary
Part 02: Scope Of The Report
Part 03: Research Methodology
Part 04: Single-Use Plastic Bags Market Landscape
Part 05: Pipeline Analysis
Part 06: Single-Use Plastic Bags Market Sizing
Part 07: Five Forces Analysis
Part 08: Single-Use Plastic Bags Market Segmentation
Part 09: Customer Landscape
Part 10: Regional Landscape
Part 11: Decision Framework
Part 12: Drivers And Challenges
Part 13: Single-Use Plastic Bags Market Trends
Part 14: Vendor Landscape
Part 15: Vendor Analysis
Part 16: Appendix
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