The Retail Bags Market Overview 2025 report reveals that the market size has grown significantly over the past few years, with projections indicating further expansion.
What are the Historical Growth Trends in the Retail Bags Market?
The Retail Bags market has demonstrated substantial growth in recent years, expanding from a size of $17.98 billion in 2024 to a projected $19.3 billion in 2025. This represents a compound annual growth rate (CAGR) of 7.4%.
What are the 2025 Market Projections: Forecasted Size & Growth Rate for the Retail Bags Industry?
The retail bags market is predicted to reach a value of $25.29 billion in 2029, growing at a compound annual growth rate (CAGR) of 7.0%.
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What are the Key Growth Drivers Fueling the Retail Bags Market?
The drivers in the retail bags market are:
• Rising levels of urbanization
• Surge in tourism industry
• Expansion in home delivery services
• Increased popularity of e-commerce and online shopping
Global Market Segmentation: Identifying Major Retail Bags Industry Segments
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
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What are the emerging Trends Shaping the Future of the Retail Bags Market?
The trends in the retail bags market are:
• Technological innovations are an emerging trend in the retail bags market.
• Biodegradable bags are becoming increasingly popular.
• There is a trend towards using eco-friendly materials in retail bag production.
• The provision of smart packaging solutions and subscription models is a growing trend.
Who Are the Top Competitors & Leading Players in the Retail Bags Market?
The major players in the retail bags market are:
• Flexo Converters USA
• International Paper
• Smurfit Kappa Group plc
• Mondi Group plc
• Novolex Inc
Regional Dominance: Which Area Leads the Global Retail Bags Market 2025: Detailed Insights into Market Size and Future Growth Market?
North America was the largest region in the retail bags market in 2024
