Single-use Plastic Bags Market is estimated to increase at a growth rate of 5.5% CAGR over the forecast period from 2024 to 2030.
The Single-use Plastic Bags Market study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments including By Application (Retail and consumer, Industrial and institutional), By End-User (Food and Beverages, Personal Care, Pharmaceutical, Others).
An Introduction to Single-use Plastic Bags Market in 2024
The Single-use Plastic Bags market remains under scrutiny in 2024, driven by increasing environmental concerns, regulatory bans, and consumer awareness campaigns against plastic pollution. Single-use plastic bags, widely used in retail, grocery, and convenience stores for packaging and carrying goods, have faced criticism for their contribution to plastic waste, marine pollution, and ecosystem damage. Market dynamics are influenced by factors such as plastic waste regulations, consumer preferences for reusable alternatives, and corporate sustainability commitments. Additionally, innovations in biodegradable plastics, compostable materials, and reusable bag designs contribute to market transformation, fostering sustainability and circularity in the Single-use Plastic Bags market.
Single-use Plastic Bags Market Trend: Increasing Shift Towards Sustainable Alternatives
A prominent trend in the Single-use Plastic Bags Market is the increasing shift towards sustainable alternatives. With growing awareness of environmental pollution and plastic waste, there's a rising preference among consumers and governments for eco-friendly alternatives to single-use plastic bags. This trend involves the adoption of reusable bags, biodegradable bags, and paper bags as substitutes for traditional plastic bags. As consumers become more environmentally conscious and governments implement regulations to reduce plastic waste, the demand for single-use plastic bags is expected to decline, leading to market contraction in the single-use plastic bags market.
Single-use Plastic Bags Market Driver: Regulatory Bans and Restrictions on Single-use Plastics
A key market driver for the Single-use Plastic Bags Market is regulatory bans and restrictions on single-use plastics. Governments around the world are implementing measures to ban or restrict the use of single-use plastic bags in an effort to reduce plastic pollution and environmental harm. This driver is fueled by increasing concerns about plastic waste in oceans, landfills, and ecosystems, as well as the recognition of the need to transition towards more sustainable packaging solutions. As regulatory pressures mount and consumers demand greener alternatives, the market for single-use plastic bags is expected to face challenges, leading to decreased demand and market contraction in the single-use plastic bags market.
Single-use Plastic Bags Market Opportunity: Transition to Reusable and Biodegradable Alternatives
An opportunity in the Single-use Plastic Bags Market lies in the transition to reusable and biodegradable alternatives. As demand for single-use plastic bags declines due to regulatory measures and consumer preferences, there's an opportunity for manufacturers to pivot towards producing reusable bags made from durable materials such as canvas, jute, or recycled plastics, as well as biodegradable bags made from compostable materials such as plant-based plastics or paper. By offering environmentally friendly alternatives to single-use plastic bags, companies can capitalize on the growing demand for sustainable packaging solutions and position themselves as leaders in the transition towards a circular economy. This shift towards reusable and biodegradable alternatives presents an opportunity for innovation and growth in the single-use plastic bags market, while also contributing to efforts to reduce plastic pollution and promote environmental sustainability.
Single use Plastic Bags Market Segmentation
By Application
- Retail and consumer
- Industrial and institutional
By End-user
- Food and Beverages
- Personal Care
- Pharmaceutical
- Others
Geographical Analysis
- North America (United States, Canada, Mexico)
- Europe (Germany, France, United Kingdom, Spain, Italy, Rest of Europe)
- Asia Pacific (China, India, Japan, South Korea, Rest of Asia Pacific)
- South America (Brazil, Argentina, Rest of South America)
- Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Single use Plastic Bags Market Companies
- Amcor Plc
- Amerplast Ltd (Finland)
- Ardagh Group S.A. (Luxembourg)
- Bemis Manufacturing Company
- Berry Global Inc(U.S.)
- Coveris (Austria)
- Dana Poly Inc
- Flextrus AB
- Hanoi Plastic Bag JSC (Vietnam)
- Immer Ltd (Ukraine)
- International Plastics Inc
- ProAmpac
- Rutan Poly Industries Inc
- Sealed Air
- Snapsil
- Transcontinental Inc
- Winpak Ltd
Reasons to Buy the Single-use Plastic Bags Market Study
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TABLE OF CONTENTS
1 Introduction to 2024 Single-use Plastic Bags Market
1.1 Market Overview
1.2 Quick Facts
1.3 Scope/Objective of the Study
1.4 Market Definition
1.5 Countries and Regions Analyzed
1.6 Units, Currency, and Conversions
1.7 Industry Value Chain
2 Research Methodology
2.1 Market Size Estimation
2.2 Sources and Research Methodology
2.3 Data Triangulation
2.4 Assumptions and Limitations
3 Executive Summary
3.1 Global Single-use Plastic Bags Market Size Outlook, $ Million, 2021 to 2030
3.2 Single-use Plastic Bags Market Outlook by Type, $ Million, 2021 to 2030
3.3 Single-use Plastic Bags Market Outlook by Product, $ Million, 2021 to 2030
3.4 Single-use Plastic Bags Market Outlook by Application, $ Million, 2021 to 2030
3.5 Single-use Plastic Bags Market Outlook by Key Countries, $ Million, 2021 to 2030
4 Market Dynamics
4.1 Key Driving Forces of Single-use Plastic Bags Market Industry
4.2 Key Market Trends in Single-use Plastic Bags Market Industry
4.3 Potential Opportunities in Single-use Plastic Bags Market Industry
4.4 Key Challenges in Single-use Plastic Bags Market Industry
5 Market Factor Analysis
5.1 Competitive Landscape
5.1.1 Global Single-use Plastic Bags Market Share by Company (%), 2023
5.1.2 Product Offerings by Company
5.2 Porter’s Five Forces Analysis
6 Growth Outlook Across Scenarios
6.1 Growth Analysis-Case Scenario Definitions
6.2 Low Growth Scenario Forecasts
6.3 Reference Growth Scenario Forecasts
6.4 High Growth Scenario Forecasts
7 Global Single-use Plastic Bags Market Outlook By Segments
7.1 Single-use Plastic Bags Market Outlook by Segments
By Application
Retail and consumer
Industrial and institutional
By End-user
Food and Beverages
Personal Care
Pharmaceutical
Others
8 North America Single-use Plastic Bags Market Analysis And Outlook To 2030
8.1 Introduction to North America Single-use Plastic Bags Markets in 2024
8.2 North America Single-use Plastic Bags Market Size Outlook by Country, 2021-2030
8.2.1 United States
8.2.2 Canada
8.2.3 Mexico
8.3 North America Single-use Plastic Bags Market size Outlook by Segments, 2021-2030
By Application
Retail and consumer
Industrial and institutional
By End-user
Food and Beverages
Personal Care
Pharmaceutical
Others
9 Europe Single-use Plastic Bags Market Analysis And Outlook To 2030
9.1 Introduction to Europe Single-use Plastic Bags Markets in 2024
9.2 Europe Single-use Plastic Bags Market Size Outlook by Country, 2021-2030
9.2.1 Germany
9.2.2 France
9.2.3 Spain
9.2.4 United Kingdom
9.2.4 Italy
9.2.5 Russia
9.2.6 Norway
9.2.7 Rest of Europe
9.3 Europe Single-use Plastic Bags Market Size Outlook By Segments, 2021-2030
By Application
Retail and consumer
Industrial and institutional
By End-user
Food and Beverages
Personal Care
Pharmaceutical
Others
10 Asia Pacific Single-use Plastic Bags Market Analysis And Outlook To 2030
10.1 Introduction to Asia Pacific Single-use Plastic Bags Markets in 2024
10.2 Asia Pacific Single-use Plastic Bags Market Size Outlook by Country, 2021-2030
10.2.1 China
10.2.2 India
10.2.3 Japan
10.2.4 South Korea
10.2.5 Indonesia
10.2.6 Malaysia
10.2.7 Australia
10.2.8 Rest of Asia Pacific
10.3 Asia Pacific Single-use Plastic Bags Market size Outlook by Segments, 2021-2030
By Application
Retail and consumer
Industrial and institutional
By End-user
Food and Beverages
Personal Care
Pharmaceutical
Others
11 South America Single-use Plastic Bags Market Analysis And Outlook To 2030
11.1 Introduction to South America Single-use Plastic Bags Markets in 2024
11.2 South America Single-use Plastic Bags Market Size Outlook by Country, 2021-2030
11.2.1 Brazil
11.2.2 Argentina
11.2.3 Rest of South America
11.3 South America Single-use Plastic Bags Market size Outlook by Segments, 2021-2030
By Application
Retail and consumer
Industrial and institutional
By End-user
Food and Beverages
Personal Care
Pharmaceutical
Others
12 Middle East And Africa Single-use Plastic Bags Market Analysis And Outlook To 2030
12.1 Introduction to Middle East and Africa Single-use Plastic Bags Markets in 2024
12.2 Middle East and Africa Single-use Plastic Bags Market Size Outlook by Country, 2021-2030
12.2.1 Saudi Arabia
12.2.2 UAE
12.2.3 Oman
12.2.4 Rest of Middle East
12.2.5 Egypt
12.2.6 Nigeria
12.2.7 South Africa
12.2.8 Rest of Africa
12.3 Middle East and Africa Single-use Plastic Bags Market size Outlook by Segments, 2021-2030
By Application
Retail and consumer
Industrial and institutional
By End-user
Food and Beverages
Personal Care
Pharmaceutical
Others
13 Company Profiles
13.1 Company Snapshot
13.2 SWOT Profiles
13.3 Products and Services
13.4 Recent Developments
13.5 Financial Profile
List of Companies
Amcor Plc
Amerplast Ltd (Finland)
Ardagh Group S.A. (Luxembourg)
Bemis Manufacturing Company
Berry Global Inc(U.S.)
Coveris (Austria)
Dana Poly Inc
Flextrus AB
Hanoi Plastic Bag JSC (Vietnam)
Immer Ltd (Ukraine)
International Plastics Inc
ProAmpac
Rutan Poly Industries Inc
Sealed Air
Snapsil
Transcontinental Inc
Winpak Ltd
14 Appendix
14.1 Customization Offerings
14.2 Subscription Services
14.3 Related Reports
14.4 Publisher Expertise
