What is the global market size of Shopping Bag Market?

Global Shopping Bag Market is estimated to be USD 10.87 million in 2021 and is projected to reach USD 12.83 million by 2028, at a CAGR of 2.8% during the forecast period (2022-2028). Read More

Shopping Bag Market Size, Share, Growth Analysis, By Product Type(Reusable Bags, Non- Reusable Bags), By Material(Paper, Cotton, Jute & Hemp, Plastic), By Distribution Channel(Hypermarkets & supermarkets, Convenience stores, Online stores, and others), By Region - Industry Forecast 2024-2031

Q: Which region accounted for the largest share in Global Shopping Bag Market?

The global shopping bag market is divided into five geographic segments: North America, Europe, Asia Pacific, South America, and the Middle East and Africa. Due to increasing expenditure on luxury products and the existence of higher income groups in nations like Canada and the United States, the North American region is anticipated to have the greatest share of the global shopping bag market, which is further likely to fuel demand for shopping bags for carrying groceries. The US Department of Commerce's Bureau of Economic Analysis reports that the state's personal consumption expenditure rose by 5.1 percent in 2018 compared to that of 4.4 percent in 2017. The demand for shopping bags to transport various food and beverage goods is also projected to increase as the region's demand for food and beverage products rises. The US Department of Agriculture's Foreign Agriculture Service estimates that sales of food and alcoholic beverages in Canada reached US$ 96 billion in 2018, up 3% from 2017. Read More

Report ID: SQMIG15H2063 | Region: Global | Published Date: February, 2024
Pages: 157 | Tables: 91 | Figures: 74

Shopping Bag Market News

In Oct 2020,, Zenith Speciality Bags, a top supplier of specialty paper food packaging solutions, was bought by Novolex, an industry pioneer in packaging choice and sustainability, in order to boost the company's craft packaging business and support the company's strategic expansion.
In Dec 2021, Challice Ltd. introduced a 100% sustainable plastic shopping bag at their Mulberries carbon-neutral facilities to offer premium, environmentally responsible shopping bags to customers throughout the U.K.

Shopping Bag Market Report Snapshots

License Type Top market research company in USA

File Type

$5,300

BUY NOW GET FREE SAMPLE

Want to customize this report?

Our industry expert will work with you to provide you with customized data in a short amount of time.

REQUEST FREE CUSTOMIZATION

FAQs

Shopping Bag Market size was valued at USD 11.9 million in 2019 and is poised to grow from USD 12.59 million in 2023 to USD 19.77 million by 2031, growing at a CAGR of 5.80% in the forecast period (2024-2031).

The shopping bag market is relatively fragmented, with a high level of competition. Companies are working on new product launches and other initiatives to provide better equipment to their customers and expand their companies globally. These industry leaders are expanding their client base in a variety of ways, and many organizations are forming strategic and creative partnerships with other start-up businesses to increase market share and profitability. 'Mondi Group', 'Berry Inc.', 'Novolex Holdings Inc.', 'Smurfit Kappa Group', 'Amcor Limited International Paper Company', 'Genpak LLC ', 'Huhtamaki Oyj', 'DS Smith Plc ', 'WestRock Company', 'ProAmpac LLC ', 'Klöckner Pentaplast Group', 'Uflex Ltd.', 'Sealed Air Corporation', 'Coveris Holdings S.A.', 'Interplastica Group', 'Alpack Packaging', 'Supreme Creations Ltd.', 'Ronpak Starlinger & Co. GmbH'

Growing consumer demand for household and personal care goods is anticipated to fuel market expansion.

Retailers frequently offer reusable paper or plastic bags of various varieties for purchase at a reasonable price, while also encouraging consumers to bring their own reusable bags.

The shopping bag market is divided into five geographic segments: North America, Europe, Asia Pacific, South America, and the Middle East and Africa. Due to increasing expenditure on luxury products and the existence of higher income groups in nations like Canada and the United States, the North American region is anticipated to have the greatest share of the shopping bag market, which is further likely to fuel demand for shopping bags for carrying groceries. The US Department of Commerce's Bureau of Economic Analysis reports that the state's personal consumption expenditure rose by 5.1 percent in 2018 compared to that of 4.4 percent in 2017. The demand for shopping bags to transport various food and beverage goods is also projected to increase as the region's demand for food and beverage products rises. The US Department of Agriculture's Foreign Agriculture Service estimates that sales of food and alcoholic beverages in Canada reached US$ 96 billion in 2018, up 3% from 2017.

Feedback From Our Clients

"We have purchased recently a report from SkyQuest Technology, and we are happy to inform you that this report was so useful and practical for our team. Skyquest Team was very active and our queries were followed up completely.It was amazing. "

- Mr. Ali Zali, Commercial Director, ICIIC Iran.

Shopping Bag Market Size, Share, Growth Analysis, By Product Type(Reusable Bags, Non- Reusable Bags), By Material(Paper, Cotton, Jute & Hemp, Plastic), By Distribution Channel(Hypermarkets & supermarkets, Convenience stores, Online stores, and others), By Region - Industry Forecast 2024-2031

Shopping Bag Market News

Shopping Bag Market Report Snapshots

Want to customize this report?

FAQs

What is the market size of Shopping Bag Market?

Who are the key vendors in the Shopping Bag Market?

What is the key driver of Shopping Bag Market?

What is the key market trend for Shopping Bag Market?

Which region accounted for the largest share in Shopping Bag Market?

Request Free Customization

Related Reports

Feedback From Our Clients

$5,300