Plastic Bag and Sack Market Key Company Profiles, Type, Applications, Size, Trends and Forecast To 2027

Plastic bag and sack is a flexible packaging made up from thin plastic film. The plastic bag is used for transportation of food, chemical, wastes and others. Plastic bag and sack uses less material than boxes, jars and cartons, thus they are considered as “minimized packaging”. Plastic bag and sack can be incinerated in facilities for waste-to-energy conversion. Moreover, the plastic bag and sack are widely used across end-use sectors such as food & beverages, grocery, clothing & apparel and medical.

A plastic bag and sack, are also referred to as polybag and is completely composed of thin plastic film. Plastic bag and sack is widely used across packaged industry for packaging packed food products, apparel, fresh produce, stationery, and other product. These bags are considerably transparent, offer flexibility and tear-resistance. Moreover, it also provides a superior moisture barrier properties. Retail & consumer, food and beverage, institutional services, and other industrial applications are some of the major application area of plastic bag and sack.

The global plastic bag and sack market is projected to reach around US$ 29.4 billion by the end of 2027, in terms of revenue, growing at CAGR of 4.2% during the forecast period (2019-2027).

Request For Sample Copy of this Report : https://www.coherentmarketinsights.com/insight/request-sample/3470

The global plastic bag and sack market has witnessed significant growth in recent past year, owing to the rising demand for plastic bag and sack among end-use sectors. Based on applications, global plastic bag and sack market is bifurcated in Retail & consumer, Institutional and industrial. The major application of plastic bag and sack is retail & consumer across the world, owing to the rising demand from supermarkets & hypermarket and grocery shops for plastic bag and sack. This scenario is estimated to foster the market growth in forecast timeframe.

Based on material type, the global plastic bag and sack market is divided into bio-degradable plastics and non-bio-degradable material. Among these segments, the non- bio-degradable type of material has dominated the global plastic bag and sack market in 2018, owing to the non-bio-degradable material is highly used in production of plastics, due to the cost effectiveness and the availability of material. Furthermore, the rising demand from supermarkets & hypermarkets and retail sector for non-biodegradable plastic bag and sack is expected to drive the market growth of global plastic bag and sack market in forecast period.

Furthermore, Europe dominated the global plastic bag and sack market in 2018, owing to the increasing demand for plastic bag and sack from end-use industries of the region. As a result, this scenario is estimated to foster the growth of global plastics bag and sack market in forecast timeframe.

Market Taxonomy:

Global Plastic Bag And Sack, By Application:
Retail & Consumer
Grocery Products
Food & Beverage
Clothing & Apparel
Others

Institutional
Hospitality
Hospital & Healthcare Facility
Others

Request Discount of This Report:
https://www.coherentmarketinsights.com/insight/request-discount/3470

Key players operating in global plastic bag and sack are AEP Industries Inc., Mondi Group, Berry Plastics Inc., Alpha T-shirt, Novolex, Ampac Holdings LLC, Bischof & Klein GmbH & Co. KG, Inteplast Group, Starlinger & Co Gesellschaft M.B.H, Da Nang Plastic Joint Stock Company, Hanoi Plastic Bag JSC, Goglio Group, Schur Flexibles Group

Contact Us:
Name: Mr. Shah
Phone: US +12067016702 / UK +4402081334027
Email: sales@coherentmarketinsights.com
Visit Our Blogs: https://blog.coherentmarketinsights.com

About Coherent Market Insights:
Coherent Market Insights is a prominent market research and consulting firm offering action-ready syndicated research reports, custom market analysis, consulting services, and competitive analysis through various recommendations related to emerging market trends, technologies, and potential absolute dollar opportunity.

This release was published on openPR.