The global plastic bag market size is estimated to rise from USD 24,673.5 million in 2023 to USD 34,424.5 million by 2033. Sales of plastic bags are anticipated to climb at a CAGR of 3.4% during the forecast period. In 2022, the global plastic bag market value totaled USD 23,745.9 million and is set to exhibit a y-o-y growth of 3.9% in 2023.
Top Segments and their Statistics
| Attributes | Key Insights |
|---|---|
| Plastic Bag Market Base Value (2022A) | USD 23,745.9 million |
| Estimated Plastic Bag Market Value (2023E) | USD 24,673.5 million |
| Projected Plastic Bag Market Size (2033F) | USD 34,424.5 million |
| Expected Plastic Bag Market CAGR (2023 to 2033) | 3.4% |
Market to Expand Around 1.4X through 2033
The global market for plastic bags is forecast to expand around 1.4X through 2033, amid a 0.7% increase in estimated CAGR compared to the historical one. This is due to the robust growth of the retail sector, the high popularity of biodegradable plastic bags, and the increasing usage of plastic bags in households.
Other Factors Expected to Drive Demand for Plastic Bags Include
Key Trends in the Plastic Bag Market Include-
North America and East Asia Remain Leading Markets
North America and East Asia are projected to remain the leading consumers of plastic bags globally. As per the latest analysis, East and North America are set to cumulatively hold around 39.4% share of the global plastic bag industry in 2033.
It is due to factors such as the exponential growth of end-use industries, including retail, pharmaceutical, and food & beverage. The growing demand for eco-friendly plastic bags and the increasing usage of retail packaging bags are also projected to aid sales.
The United States is expected to dominate the global plastic bag market. On the other hand, countries such as India and China are set to emerge as highly lucrative markets for plastic bag manufacturers. This is owing to rapid population growth, urbanization, surging demand for packaged food, and rising disposable income.
Key Manufacturers Utilize Eco-friendly Materials to Cope with Regulations
Both manufacturers and consumers are becoming more aware of the environmental impact of plastic bags. This has prompted them to look for eco-friendly alternatives. To walk with this trend, key manufacturers are utilizing sustainable materials to develop eco-friendly and biodegradable plastic bags.
Several countries are also implementing initiatives and regulations to promote sustainability and reduce plastic waste. This is projected to create a high demand for biodegradable plastic bags.
The global plastic bag market is set to register a CAGR of 3.4% from 2023 to 2033. This will represent a significant acceleration from the 2.7% CAGR seen during the 2018 to 2022 period.
| Historical CAGR (2018 to 2022) | 2.7% |
|---|---|
| Forecast CAGR (2023 to 2033) | 3.4% |
Over the years, plastic bags have evolved tremendously and have widespread use in everyday life. They are convenient, cost-effective, and one of the most reliable options for packaging across several end-use industries.
According to Plastic Oceans International, each year, it is estimated that around 500 billion plastic bags are used globally, and over one million bags are used every minute. This is providing a strong impetus for the growth of the global plastic bag market.
With less than 9% of plastic being recycled, plastic bags have a tremendous negative impact on the environment. Due to this, over the past two decades, manufacturers and end users have increasingly shifted to biodegradable plastics. Moreover, the packaging sector has seen continuous innovation in terms of plastic biodegradability.
New innovations are being developed to cope with the plastic problem. For instance, in April 2021, the University of California invented a way to make compostable plastics break down more easily using only heat and water through the incorporation of polyester-eating enzymes in the plastic.
Technological advancements in part, processing, and materials have also facilitated the creation of environmentally friendly and biodegradable bags. To this end, manufacturers of plastic bags are also taking initiatives to promote this trend.
There has been an upward trend in the consumption of fast food in recent years owing to several factors, such as changing lifestyles and transforming demographic structure. Several fast-food chains are consistently recording growth in revenue owing to this trend. This rising demand for fast food, especially in takeaway format, is expected to push the market for plastic bags forward.
The burgeoning e-commerce and online grocery delivery sector is another key factor driving demand for plastic bags. Several delivery platforms are sticking with recyclable plastic bags owing to the additional cost associated with reusable and paper bags. All these factors will boost the market in the forecast period.
Semi-annual Market Update
| Particular | Value CAGR |
|---|---|
| H1 | 3.2% (2022 to 2032) |
| H2 | 3.0% (2022 to 2032) |
| H1 | 3.7% (2023 to 2033) |
| H2 | 3.5% (2023 to 2033) |
Rising Convenience Packaging Demand to Boost Growth
The demand for convenience packaging, characterized by user-friendly design and easy accessibility, has surged in recent years. This is benefitting the business landscape across several industries, including plastic packaging since it is a key raw material for the manufacturing of lightweight and easy-to-use bags.
Increasing population and urbanization, rising disposable income, and improving standards of living in developing countries are factors contributing significantly to the growing demand for convenience packaging. This is consequently impacting plastic bag sales.
For instance, as per the Organization for Economic Co-operation and Development (OECD), real household income increased by 0.2% across the OECD countries in the third quarter of 2022.
Similarly, the world population is experiencing rapid growth and is expected to rise by over 20% in the next 30 years, as per data from the United Nations (UN). This growth is expected to drive consumption and consequently push the demand for plastic bags.
Outline of Key Trends in the Plastic Bag Market Shaping Growth
Several manufacturers are actively incorporating post-consumer resin (PCR) materials to produce different types of products. The integration of PCR into plastic bags, whether for applications involving food or non-food items, is slowly taking shape as several manufacturers are utilizing this material to achieve sustainability goals.
For instance,
The table below shows the anticipated growth rates of the top countries. India, China, and Japan are set to record lucrative CAGRs of 4.3%, 3.5%, and 3.9%, respectively, through 2033.
| Countries | Value CAGR |
|---|---|
| United States | 2.3% |
| Germany | 2.0% |
| United Kingdom | 2.4% |
| Japan | 3.9% |
| China | 3.5% |
| India | 4.3% |
India’s plastic bag market value is estimated to reach USD 2,853.5 million by 2033. Demand for plastic bags in the country is predicted to rise at a CAGR of 4.3% during the forecast period. This is attributable to the rising usage of plastic bags across India’s thriving retail sector.
According to the India Brand Equity Foundation (IBEF), India’s retail industry is projected to surge by 9% from 2019 to 2030. It will attain a valuation of USD 1,407 million in 2026 and over USD 1.8 trillion by 2030. This will create growth opportunities for plastic bag manufacturers as these bags are often utilized for packaging products in the retail sector.
India has the third-leading number of e-retail shoppers. The retail industry in India will be supported by increasing urbanization, rising income, and favorable demographics, thereby expanding sales of plastic bags in the country.
The United States plastic bag market size is predicted to reach USD 4,215.7 million by 2033. Over the projection period, sales of plastic bags in the United States are likely to soar at a 2.3% CAGR. This is due to the growing demand for convenience and the expansion of e-commerce.
Plastic bags are an affordable and convenient packaging solution used for applications such as food, waste disposal, and retail. This convenience is leading to a rising demand for plastic bags from businesses and consumers in the United States.
Another prominent factor expected to boost sales and improve the United States plastic bag market share is the innovations in materials. Continuous research in material science is leading to the development of novel biodegradable and compostable plastics. The rising adoption of these eco-friendly materials could affect the market landscape in the United States.
Japan’s plastic bag market revenue is projected to increase at a 3.9% CAGR, totaling USD 2,857.5 million by 2033. This can be attributed to the rising preference for sustainable plastic bags and increasing government initiatives to promote sustainability.
The government of Japan is launching several initiatives to promote sustainable packaging solutions, including compostable and biodegradable plastic bags. This is expected to boost the plastic bag industry in the country during the forecast period.
The increasing popularity of online grocery is another key factor impacting sales of plastic bags in Japan. People in the country are showing an inclination toward purchasing products through online grocery stores.
This will likely fuel the demand for grocery bags or plastic carry bags as they are widely used for packaging and shipping groceries.
China is anticipated to dominate the East Asia plastic bag market during the forecast period. It is expected to attain a valuation of USD 3,687.6 million in 2033. Over the assessment period, the demand for plastic bags in China is slated to surge at a 3.5% CAGR.
Several factors are expected to drive the demand for plastic bags in the country. These include rapid growth of the food & beverage industry, surging demand for packaged food items, and increasing import/export business.
In China, the food & beverage industry is the leading consumer of plastic bags. Rapid urbanization, changing eating habits, and economic growth are creating a high demand for packaged foods and beverages in China. This is anticipated to fuel sales of plastic bags.
The United Kingdom’s plastic bag industry is projected to thrive at a steady CAGR of 2.4% during the assessment period. Plastic bag sales in the country are predicted to total USD 902.7 million in 2033.
The growing usage of plastic bags in households, hotels, and restaurants is expected to boost the United Kingdom’s plastic bag market growth. Similarly, the rising popularity of biodegradable, compostable, and recyclable plastic bags is set to fuel sales in the country through 2033.
Based on material, the polyethylene segment is anticipated to retain its dominance through 2033. It will likely exhibit a CAGR of 3.1% between 2023 and 2033. The retail segment is expected to hold a prominent value share by 2033. It is poised to exhibit a CAGR of 2.8% during the assessment period.
| Material | Value CAGR |
|---|---|
| Polyethylene (PE) | 3.1% |
| Polyethylene Terephthalate (PET) | 4.3% |
As per the latest plastic bag market analysis, polyethylene remains the most widely used material by manufacturers for producing plastic bags. This is due to its flexibility, water resistance, high strength, durability, and low cost.
Polyethylene (PE) is a versatile material that can be molded into multiple sizes and shapes. Polyethylene bags do not break or tear easily and can withstand the weight of groceries and other products. These bags are set to witness high demand due to their cost-effectiveness and lightweight nature.
The growing inclination of end users toward using polyethylene bags will further boost the target segment. As a result, the polyethylene segment is set to thrive at a 3.1% CAGR, reaching USD 21,137 million by 2033.
| End-use | Value CAGR |
|---|---|
| Retail | 2.8% |
| Household | 5.2% |
Plastic bags are popular in the retail sector, providing a cost-effective and convenient packaging solution. The ongoing expansion of the food service and e-commerce sectors is expected to push up the consumption of plastic bags, thereby fostering growth.
Plastic bags can also be customized with the retailer’s logo and promotional messages, which will help to increase brand visibility and enable companies to stand out among their competitors.
The retail segment is estimated to account for a share of 42.4% in 2033. It will likely expand at a 2.8% CAGR, totaling USD 14,598.1 million by 2033.
The household segment, on the other hand, is anticipated to witness a higher CAGR of 5.2% throughout the forecast period. This is attributable to the rising usage of plastic bags in households for different purposes.
Top manufacturers of plastic bags are focusing on developing innovations and advancements to stay relevant in the market. They are implementing strategies such as mergers, acquisitions, partnerships, collaborations, and price reductions to boost their revenue and strengthen their presence.
Recent Developments in the Plastic Bag Market
| Attribute | Details |
|---|---|
| Estimated Market Value (20233) | USD 24,673.5 million |
| Projected Market Size (2033) | USD 34,424.5 million |
| Anticipated Growth Rate (2023 to 2033) | 3.4% CAGR |
| Historical Data | 2018 to 2022 |
| Forecast Period | 2023 to 2033 |
| Quantitative Units | Value (USD million) |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered | By Bag Type, By Material, By Distribution Channel, By End-use, By Region |
| Key Companies Profiled | Berry Global Group, Inc.; Bischof & Klein GmbH & Co. KG; Novolex Holdings, Inc.; International Plastic Inc.; AEP Industries Inc.; ProAmpac LLC; CeDo Ltd.; Amcor Plc; Sonoco Products Company; Mondi Plc; Reynolds Consumer Products Inc.; Transcontinental Inc.; RKW Group; 3M; Thantawan Industry Plc.; Flair Flexible Packaging Corporation; Inteplast Group; Dagöplast AS; Allstate Plastics LLC; Novplasta s.r.o. |
Table 01: Global Market Value (US$ million) by Bag Type, 2018H to 2033F
Table 02: Global Market Volume (million Units) by Bag Type, 2018H to 2033F
Table 03: Global Market Value (US$ million) by Material, 2018H to 2033F
Table 04: Global Market Volume (million Units) by Material, 2018H to 2033F
Table 05: Global Market Value (US$ million) by Sales Channel, 2018H to 2033F
Table 06: Global Market Volume (million Units) by Sales Channel, 2018H to 2033F
Table 07: Global Market Value (US$ million) by End-use, 2018H to 2033F
Table 08: Global Market Volume (US$ million) by End-use, 2018H to 2033F
Table 09: Global Market Value (US$ million) by Region, 2018H to 2033F
Table 10: Global Market Volume (million Units) by Region, 2018H to 2033F
Table 11: North America Market Value (US$ million) by Bag Type, 2018H to 2033F
Table 12: North America Market Volume (million Units) by Bag Type, 2018H to 2033F
Table 13: North America Market Value (US$ million) by Material, 2018H to 2033F
Table 14: North America Market Volume (million Units) by Material, 2018H to 2033F
Table 15: North America Market Value (US$ million) by Sales Channel, 2018H to 2033F
Table 16: North America Market Volume (million Units) by Sales Channel, 2018H to 2033F
Table 17: North America Market Value (US$ million) by End-use, 2018H to 2033F
Table 18: North America Market Volume (million Units) by End-use, 2018H to 2033F
Table 19: North America Market Value (US$ million) by Country, 2018H to 2033F
Table 20: North America Market Volume (million Units) by Country, 2018H to 2033F
Table 21: Latin America Market Value (US$ million) by Bag Type, 2018H to 2033F
Table 22: Latin America Market Volume (million Units) by Bag Type, 2018H to 2033F
Table 23: Latin America Market Value (US$ million) by Material, 2018H to 2033F
Table 24: Latin America Market Volume (million Units) by Material, 2018H to 2033F
Table 25: Latin America Market Value (US$ million) by Sales Channel, 2018H to 2033F
Table 26: Latin America Market Volume (million Units) by Sales Channel, 2018H to 2033F
Table 27: Latin America Market Value (US$ million) by End-use, 2018H to 2033F
Table 28: Latin America Market Volume (million Units) by End-use, 2018H to 2033F
Table 29: Latin America Market Value (US$ million) by Country, 2018H to 2033F
Table 30: Latin America Market Volume (million Units) by Country, 2018H to 2033F
Table 31: East Asia Market Value (US$ million) by Bag Type, 2018H to 2033F
Table 32: East Asia Market Volume (million Units) by Bag Type, 2018H to 2033F
Table 33: East Asia Market Value (US$ million) by Material, 2018H to 2033F
Table 34: East Asia Market Volume (million Units) by Material, 2018H to 2033F
Table 35: East Asia Market Value (US$ million) by Sales Channel, 2018H to 2033F
Table 36: East Asia Market Volume (million Units) by Sales Channel, 2018H to 2033F
Table 37: East Asia Market Value (US$ million) by End-use, 2018H to 2033F
Table 38: East Asia Market Volume (million Units) by End-use, 2018H to 2033F
Table 39: East Asia Market Value (US$ million) by Country, 2018H to 2033F
Table 40: East Asia Market Volume (million Units) by Country, 2018H to 2033F
Table 41: South Asia & Pacific Market Value (US$ million) by Bag Type, 2018H-2033
Table 42: South Asia & Pacific Market Volume (million Units) by Bag Type, 2018H to 2033F
Table 43: South Asia & Pacific Market Value (US$ million) by Material, 2018H to 2033F
Table 44: South Asia & Pacific Market Volume (million Units) by Material, 2018H to 2033F
Table 45: South Asia & Pacific Market Value (US$ million) by Sales Channel, 2018H to 2033F
Table 46: South Asia & Pacific Market Volume (million Units) by Sales Channel, 2018H to 2033F
Table 47: South Asia & Pacific Market Value (US$ million) by End-use, 2018H to 2033F
Table 48: South Asia & Pacific Market Volume (million Units) by End-use, 2018H to 2033F
Table 49: South Asia & Pacific Market Value (US$ million) by Country, 2018H to 2033F
Table 50: South Asia & Pacific Market Volume (million Units) by Country, 2018H to 2033F
Table 51: Western Europe Market Value (US$ million) by Bag Type, 2018H to 2033F
Table 52: Western Europe Market Volume (million Units) by Bag Type, 2018H to 2033F
Table 53: Western Europe Market Value (US$ million) by Material, 2018H to 2033F
Table 54: Western Europe Market Volume (million Units) by Material, 2018H to 2033F
Table 55: Western Europe Market Value (US$ million) by Sales Channel, 2018H to 2033F
Table 56: Western Europe Market Volume (million Units) by Sales Channel, 2018H to 2033F
Table 57: Western Europe Market Value (US$ million) by End-use, 2018H to 2033F
Table 58: Western Europe Market Volume (million Units) by End-use, 2018H to 2033F
Table 59: Western Europe Market Value (US$ million) by Country, 2018H to 2033F
Table 60: Western Europe Market Volume (million Units) by Country, 2018H to 2033F
Table 61: Eastern Europe Market Value (US$ million) by Bag Type, 2018H to 2033F
Table 62: Eastern Europe Market Volume (million Units) by Bag Type, 2018H to 2033F
Table 63: Eastern Europe Market Value (US$ million) by Material, 2018H to 2033F
Table 64: Eastern Europe Market Volume (million Units) by Material, 2018H to 2033F
Table 65: Eastern Europe Market Value (US$ million) by Sales Channel, 2018H to 2033F
Table 66: Eastern Europe Market Volume (million Units) by Sales Channel, 2018H to 2033F
Table 67: Eastern Europe Market Value (US$ million) by End-use, 2018H to 2033F
Table 68: Eastern Europe Market Volume (million Units) by End-use, 2018H to 2033F
Table 69: Eastern Europe Market Value (US$ million) by Country, 2018H to 2033F
Table 70: Eastern Europe Market Volume (million Units) by Country, 2018H to 2033F
Table 71: Central Asia Market Value (US$ million) by Bag Type, 2018H to 2033F
Table 72: Central Asia Market Volume (million Units) by Bag Type, 2018H to 2033F
Table 73: Central Asia Market Value (US$ million) by Material, 2018H to 2033F
Table 74: Central Asia Market Volume (million Units) by Material, 2018H to 2033F
Table 75: Central Asia Market Value (US$ million) by Sales Channel, 2018H to 2033F
Table 76: Central Asia Market Volume (million Units) by Sales Channel, 2018H to 2033F
Table 77: Central Asia Market Value (US$ million) by End-use, 2018H to 2033F
Table 78: Central Asia Market Volume (million Units) by End-use, 2018H to 2033F
Table 79: Central Asia Market Value (US$ million) by Country, 2018H to 2033F
Table 80: Central Asia Market Volume (million Units) by Country, 2018H to 2033F
Table 81: Russia & Belarus Market Value (US$ million) by Bag Type, 2018H to 2033F
Table 82: Russia & Belarus Market Volume (million Units) by Bag Type, 2018H to 2033F
Table 83: Russia & Belarus Market Value (US$ million) by Material, 2018H to 2033F
Table 84: Russia & Belarus Market Volume (million Units) by Material, 2018H to 2033F
Table 85: Russia & Belarus Market Value (US$ million) by Sales Channel, 2018H to 2033F
Table 86: Russia & Belarus Market Volume (million Units) by Sales Channel, 2018H to 2033F
Table 87: Russia & Belarus Market Value (US$ million) by End-use, 2018H to 2033F
Table 88: Russia & Belarus Market Volume (million Units) by End-use, 2018H to 2033F
Table 89: Russia & Belarus Market Value (US$ million) by Country, 2018H to 2033F
Table 90: Russia & Belarus Market Volume (million Units) by Country, 2018H to 2033F
Table 91: Balkan & Baltic Countries Market Value (US$ million) by Bag Type, 2018H to 2033F
Table 92: Balkan & Baltic Countries Market Volume (million Units) by Bag Type, 2018H to 2033F
Table 93: Balkan & Baltic Countries Market Value (US$ million) by Material, 2018H to 2033F
Table 94: Balkan & Baltic Countries Market Volume (million Units) by Material, 2018H to 2033F
Table 95: Balkan & Baltic Countries Market Value (US$ million) by Sales Channel, 2018H to 2033F
Table 96: Balkan & Baltic Countries Market Volume (million Units) by Sales Channel, 2018H to 2033F
Table 97: Balkan & Baltic Countries Market Value (US$ million) by End-use, 2018H to 2033F
Table 98: Balkan & Baltic Countries Market Volume (million Units) by End-use, 2018H to 2033F
Table 99: Balkan & Baltic Countries Market Value (US$ million) by Country, 2018H to 2033F
Table 100: Balkan & Baltic Countries Market Volume (million Units) by Country, 2018H to 2033F
Table 101: Middle East & Africa Market Value (US$ million) by Bag Type, 2018H to 2033F
Table 102: Middle East & Africa Market Volume (million Units) by Bag Type, 2018H to 2033F
Table 103: Middle East & Africa Market Value (US$ million) by Material, 2018H to 2033F
Table 104: Middle East & Africa Market Volume (million Units) by Material, 2018H to 2033F
Table 105: Middle East & Africa Market Value (US$ million) by Sales Channel, 2018H to 2033F
Table 106: Middle East & Africa Market Volume (million Units) by Sales Channel, 2018H to 2033F
Table 107: Middle East & Africa Market Value (US$ million) by End-use, 2018H to 2033F
Table 108: Middle East & Africa Market Volume (million Units) by End-use, 2018H to 2033F
Table 109: Middle East & Africa Market Value (US$ million) by Country, 2018H to 2033F
Table 110: Middle East & Africa Market Volume (million Units) by Country, 2018H to 2033F
Figure 01: Global Market Share Analysis, by Bag Type, 2023E & 2033F
Figure 02: Global Market Y-o-Y Analysis, by Bag Type, 2018H to 2033F
Figure 03: Global Market Attractiveness Analysis, by Bag Type, 2023E to 2033F
Figure 04: Global Market Share Analysis, by Material, 2023E & 2033F
Figure 05: Global Market Y-o-Y Analysis, by Material, 2018H to 2033F
Figure 06: Global Market Attractiveness Analysis, by Material, 2023E to 2033F
Figure 07: Global Market Share Analysis, by Sales Channel, 2023E & 2033F
Figure 08: Global Market Y-o-Y Analysis, by Sales Channel, 2018H to 2033F
Figure 09: Global Market Attractiveness Analysis, by Sales Channel, 2023E to 2033F
Figure 10: Global Market Share Analysis, by End-use, 2023E & 2033F
Figure 11: Global Market Y-o-Y Analysis, by End-use, 2018H to 2033F
Figure 12: Global Market Attractiveness Analysis, by End-use, 2023E to 2033F
Figure 13: Global Market Share Analysis, by Region, 2023E & 2033F
Figure 14: Global Market Y-o-Y Analysis, by Region, 2018H to 2033F
Figure 15: Global Market Attractiveness Analysis, by Region, 2023E to 2033F
Figure 16: North America Market Attractiveness Analysis, by Bag Type, 2023E to 2033F
Figure 17: North America Market Y-o-Y Analysis, by Material, 2018H to 2033F
Figure 18: North America Market Value Share Analysis, by Sales Channel2023(E)
Figure 19: North America Market Value Share Analysis, by End-use 2023(E)
Figure 20: North America Market Share Analysis, by Country, 2023E & 2033F
Figure 21: Latin America Market Y-o-Y Analysis, by Bag Type, 2018H to 2033F
Figure 22: Latin America Market Y-o-Y Analysis, by Material, 2018H to 2033F
Figure 23: Latin America Market Value Share Analysis, by Sales Channel 2023(E)
Figure 24: Latin America Market Value Share Analysis, by End-use 2023(E)
Figure 25: Latin America Market Share Analysis, by Country, 2023E & 2033F
Figure 26: East Asia Market Y-o-Y Analysis, by Bag Type, 2018H to 2033F
Figure 27: East Asia Market Y-o-Y Analysis, by Material, 2018H to 2033F
Figure 28: East Asia Market Value Share Analysis, by Sales Channel 2023(E)
Figure 29: East Asia Market Value Share Analysis, by End-use 2023(E)
Figure 30: East Asia Market Share Analysis, by Country, 2023E & 2033F
Figure 31: South Asia & Pacific Market Y-o-Y Analysis, by Bag Type, 2018H to 2033F
Figure 32: South Asia & Pacific Market Y-o-Y Analysis, by Material, 2018H to 2033F
Figure 33: South Asia & Pacific Market Value Share Analysis, by Sales Channel 2023(E)
Figure 34: South Asia & Pacific Market Value Share Analysis, by End-use 2023(E)
Figure 35: South Asia & Pacific Market Share Analysis, by Country, 2023E & 2033F
Figure 36: Western Europe Market Y-o-Y Analysis, by Bag Type, 2018H to 2033F
Figure 37: Western Europe Market Y-o-Y Analysis, by Material, 2018H to 2033F
Figure 38: Western Europe Market Value Share Analysis, by Sales Channel 2023(E)
Figure 39: Western Europe Market Value Share Analysis, by End-use 2023(E)
Figure 40: Western Europe Market Share Analysis, by Country, 2023E & 2033F
Figure 41: Eastern Europe Market Y-o-Y Analysis, by Bag Type, 2018H to 2033F
Figure 42: Eastern Europe Market Y-o-Y Analysis, by Material, 2018H to 2033F
Figure 43: Eastern Europe Market Value Share Analysis, by Sales Channel 2023(E)
Figure 44: Eastern Europe Market Value Share Analysis, by End-use 2023(E)
Figure 45: Eastern Europe Market Share Analysis, by Country, 2023E & 2033F
Figure 46: Central Asia Market Y-o-Y Analysis, by Bag Type, 2018H to 2033F
Figure 47: Central Asia Market Y-o-Y Analysis, by Material, 2018H to 2033F
Figure 48: Central Asia Market Value Share Analysis, by Sales Channel 2023(E)
Figure 49: Central Asia Market Value Share Analysis, by End-use 2023(E)
Figure 50: Central Asia Market Share Analysis, by Country, 2023E & 2033F
Figure 51: Russia & Belarus Market Y-o-Y Analysis, by Bag Type, 2018H to 2033F
Figure 52: Russia & Belarus Market Y-o-Y Analysis, by Material, 2018H to 2033F
Figure 53: Russia & Belarus Market Value Share Analysis, by Sales Channel 2023(E)
Figure 54: Russia & Belarus Market Value Share Analysis, by End-use 2023(E)
Figure 55: Russia & Belarus Market Share Analysis, by Country, 2023E & 2033F
Figure 56: Balkan & Baltic Countries Market Y-o-Y Analysis, by Bag Type, 2018H to 2033F
Figure 57: Balkan & Baltic Countries Market Y-o-Y Analysis, by Material, 2018H to 2033F
Figure 58: Balkan & Baltic Countries Market Value Share Analysis, by Sales Channel 2023(E)
Figure 59: Balkan & Baltic Countries Market Value Share Analysis, by End-use 2023(E)
Figure 60: Balkan & Baltic Countries Market Share Analysis, by Country, 2023E & 2033F
Figure 61: Middle East & Africa Market Y-o-Y Analysis, by Bag Type, 2018H to 2033F
Figure 62: Middle East & Africa Market Y-o-Y Analysis, by Material, 2018H to 2033F
Figure 63: Middle East & Africa Market Value Share Analysis, by Sales Channel 2023(E)
Figure 64: Middle East & Africa Market Value Share Analysis, by End-use 2023(E)
Figure 65: Middle East & Africa Market Share Analysis, by Country, 2023E & 2033F
The global plastic bag market size is anticipated to reach USD 24,673.5 million in 2023.
The plastic bag market value is set to reach USD 34,424.5 million in 2033.
Global demand for plastic bags is projected to rise at a 3.4% CAGR through 2033.
The retail segment is expected to garner a significant value share by 2023.
The global plastic bag market value totaled USD 23,745.9 million in 2022.
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