Press release
E-Commerce Surge Drives Growth In Retail Bags Market: A Key Driver Powering Retail Bags Market Growth In 2025
Retail Bags
What Is the Current Retail Bags Market Size and Its Estimated Growth Rate?
The retail bags market has developed steadily. It is expected to rise from $17.98 billion in 2024 to $19.3 billion in 2025, with a CAGR of 7.4%. The increase is due to urban growth, rising tourism, expansion of delivery services, e-commerce development, and growing online shopping.
The retail bags market is projected to grow significantly, reaching $25.29 billion by 2029 at a CAGR of 7.0%. Growth is attributed to the expanding retail industry, the growth of shopping malls, rising awareness about waste generation, the growing number of supermarkets, and increased consumer spending. Trends include technological advancements, biodegradable and eco-friendly materials, smart packaging solutions, and subscription models.
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How Are Emerging Segments Shaping the Retail Bags Market Landscape?
The retail bags market covered in this report is segmented -
1) By Material Type: Plastic, Paper, Other Material Types
2) By Pattern: Textured, Printed, Solid, Other Patterns
3) By End User: Grocery Stores, Food Service, Other End Users
Subsegments:
1) By Plastic: High-Density Polyethylene (HDPE) Bags, Low-Density Polyethylene (LDPE) Bags, Polypropylene (PP) Bags, Biodegradable Plastic Bags, Reusable Plastic Bags
2) By Paper: Kraft Paper Bags, Recycled Paper Bags, Coated Paper Bags, Paper Bags With Handles, Paper Bags Without Handles
3) By Other Material Type: Cotton Bags, Jute Bags, Non-Woven Fabric Bags, Hemp Bags, Linen Bags
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Which Growth Factors Are Influencing Retail Bags Market Expansion?
E-commerce growth is expected to spur the retail bags market. Online shopping has expanded due to digital innovation and improved logistics. Retail bags play a crucial role in packaging and product delivery. According to the U.S. Census Bureau, Q1 2024 U.S. retail e-commerce sales reached $289.2 billion, a 2.1% rise from Q4 2023. Thus, e-commerce expansion is supporting retail bag demand.
Who Are the Dominant Players Across Different Retail Bags Market Segments?
Major companies operating in the retail bags market are Flexo Converters USA, International Paper, Smurfit Kappa Group plc, Mondi Group plc, Novolex Inc., Burberry Group plc, ProAmpac Intermediate Inc., Coveris SA, Antalis Group, Atlantic Packaging, Welton Bibby and Baron Limited, BioPak Pty Ltd., EI Dorado Packaging Inc., Global-Pak Inc., Rutan Poly Industries Inc., Atlantic Poly Inc., Attwoods Packaging, GreenPack Limited, Rainbow Packaging Inc., SPP Poly Pack Pvt Ltd., The Carry Bag Company, Kiwi Office, Europages UK
What Trends Are Expected to Dominate the Retail Bags Market in the Next 5 Years?
Companies in the retail bag market are focusing on eco-friendly products like locally-made retail paper bags to promote sustainability and enhance durability. For example, in February 2024, Visy Industries, an Australia-based packaging company, launched locally-made retail paper bags crafted from thick paper for enhanced durability and strength. These bags are fully recyclable and support eco-friendly disposal through curbside recycling.
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Which Geographic Regions Are Expected to Dominate the Retail Bags Market in the Coming Years?
North America was the largest region in the retail bags market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the retail bags market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Retail Bags Market?
2. What is the CAGR expected in the Retail Bags Market?
3. What Are the Key Innovations Transforming the Retail Bags Industry?
4. Which Region Is Leading the Retail Bags Market?
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