Press release
How Major Growth Opportunities are contributed to Recycled Plastic Bags Market?
Recycled Plastic Bags Market: Dynamics
Significantly rising use of plastic bags for daily use pushes the demand for recycled plastic bags. The bags are required for purchasing grocery items or for garbage use or for purchasing other products. Such bags need to be durable as well as inexpensive as is used daily by various consumers. Such feature is offered by recycled plastic bags which bolster the demand for recycled plastic bags by end-users. Also, the rising need for products that cause less or no harm to the environment augments the sales of recycled plastic bags. Recycled plastic bags can be used as a promotional tool by various businesses as they are printable and lower in cost compared to cotton bags. The high recyclable content in recycled plastic bags drives the demand for recycled plastic bags. Moreover, these recycled plastic bags can be reused or recycled again which is a positive factor driving the sales of recycled plastic bags. On the other hand, lack of recycling plant facilities across the developing as well as developed regions across the globe is limiting the recycling activities of plastic bags with somehow restrict the recycled plastic bags market considerably. On a broader level, the rising concern associated with recycling of plastic packaging solutions is pivotal factor that accelerates the market growth significantly.
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Recycled Plastic Bags Market: Segmentation
On the basis of product type, the recycled plastic bags market is segmented into:
Woven Bags
Non-Woven Bags
On the basis of material type, the recycled plastic bags market is segmented into:
Polyethylene
Polypropylene
On the basis of thickness, the recycled plastic bags market is segmented into:
Below 80 micron
80-100 micron
101-120 micron
Above 120 micron
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On the basis of capacity, the recycled plastic bags market is segmented into:
Less than 5 kgs
5-10 kgs
11-15 kgs
Above 15 kgs
On the basis of end-use industries, the recycled plastic bags market is segmented into:
Food & Beverages
Chemicals & Fertilizers
Building & Construction
Personal Care & Cosmetics
Others (Households, etc.)
Recycled Plastic Bags Market: Regional Outlook
Based on the geography, the recycled plastic bags market is categorized into North America, Latin America, Europe, APAC, and MEA Regions. The countries such as India, China, and Japan in APAC regions have major growth opportunity for recycled plastic bags due to the sustainability concerns focused there, as well as the regulations and restriction on the usage of plastic bags. Also, the cost-effectiveness of recycled plastic bags pushes the sales in APAC regions. Also, the Europe and North America region are anticipated to witness significant rise in sales of recycled plastic bags owing to rising recycling activities in the regions.
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Recycled Plastic Bags Market: Key Players
Some of the global recycled plastic bags manufacturers: -
Custom Grocery Bags
Recycle Bags
Vicbag Group
North American Plastics and Chemicals
Polykar Industries Inc.
Some of the APAC recycled plastic bags manufacturers: -
Autron Industry Co. Ltd
Ragbag
Ecopro
Regional Analysis Includes:
North America
Latin America
Europe
Middle East & Africa (MEA)
APAC
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