Single-Use Plastic Bags Market Trends, Challenges, and Forecast...

Single-Use Plastic Bags Market Trends, Challenges, and Forecast 2024–2030

Posted 2025-02-11 20:49:22

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The Single-Use Plastic Bags Market sector is undergoing rapid transformation, with significant growth and innovations expected by 2029. In-depth market research offers a thorough analysis of market size, share, and emerging trends, providing essential insights into its expansion potential. The report explores market segmentation and definitions, emphasizing key components and growth drivers. Through the use of SWOT and PESTEL analyses, it evaluates the sector’s strengths, weaknesses, opportunities, and threats, while considering political, economic, social, technological, environmental, and legal influences. Expert evaluations of competitor strategies and recent developments shed light on geographical trends and forecast the market’s future direction, creating a solid framework for strategic planning and investment decisions.

Brief Overview of the Single-Use Plastic Bags Market:

The global Single-Use Plastic Bags Market is expected to experience substantial growth between 2024 and 2029. Starting from a steady growth rate in 2023, the market is anticipated to accelerate due to increasing strategic initiatives by key market players throughout the forecast period.

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Which are the top companies operating in the Single-Use Plastic Bags Market?

The report profiles noticeable organizations working in the water purifier showcase and the triumphant methodologies received by them. It likewise reveals insights about the share held by each organization and their contribution to the market's extension. This Global Single-Use Plastic Bags Market report provides the information of the Top Companies in Single-Use Plastic Bags Market in the market their business strategy, financial situation etc.

Bemis Manufacturing Company (U.S.), Transcontinental Inc. (Canada), Ardagh Group S.A. (Luxembourg), Winpak Ltd (Canada), Snapsil (Australia), Sealed Air (U.S.), Coveris (Austria), Immer Ltd (Ukraine), Flextrus AB (Sweden), ProAmpac (U.S.), Amcor Plc (Switzerland),, Amerplast Ltd (Finland), Berry Global Inc.(U.S.), Dana Poly Inc. (U.S.), Hanoi Plastic Bag JSC (Vietnam), International Plastics Inc. (U.S.), Rutan Poly Industries Inc. (U.S.)

Report Scope and Market Segmentation

Which are the driving factors of the Single-Use Plastic Bags Market?

The driving factors of the Single-Use Plastic Bags Market are multifaceted and crucial for its growth and development. Technological advancements play a significant role by enhancing product efficiency, reducing costs, and introducing innovative features that cater to evolving consumer demands. Rising consumer interest and demand for keyword-related products and services further fuel market expansion. Favorable economic conditions, including increased disposable incomes, enable higher consumer spending, which benefits the market. Supportive regulatory environments, with policies that provide incentives and subsidies, also encourage growth, while globalization opens new opportunities by expanding market reach and international trade.

Single-Use Plastic Bags Market - Competitive and Segmentation Analysis:

**Segments**

- By Material Type: LDPE (Low-Density Polyethylene), LLDPE (Linear Low-Density Polyethylene), HDPE (High-Density Polyethylene), PP (Polypropylene), Others
- By Thickness: < 10 microns, 10-15 microns, 15-25 microns, > 25 microns
- By Capacity: < 5 kg, 5-10 kg, 10-15 kg, > 15 kg
- By End-Use Industry: Retail & Consumer Goods, Industrial, Institutional, Hospitality, Others
- By Sales Channel: Direct Sales, Distributor

**Market Players**

- Mondi
- Berry Global Inc.
- Novolex
- Novolex – Waddington Group
- Aluf Plastics
- International Plastics Inc.
- Alpha Poly
- Star Poly Bag Inc.
- Terdex
- Bison Bag Co Inc.

The global single-use plastic bags market is witnessing significant shifts with the growing concern over environmental sustainability and the adoption of stricter regulatory frameworks aimed at reducing plastic waste. The industry is forecasted to experience varying degrees of growth across different segments by 2029. In terms of material type, LDPE is expected to maintain dominance due to its flexibility and durability, making it the preferred choice for single-use plastic bags. However, there is a noticeable trend towards the adoption of alternative materials such as PP to address environmental concerns. The thickness segment is likely to witness a surge in demand for bags with thickness greater than 25 microns, driven by increased emphasis on durability and reusability. Furthermore, the capacity segment is anticipated to show growth in the < 5 kg category, propelled by the rising demand from the retail and consumer goods sector.

The end-use industry segment is projected to see significant growth in the retail & consumer goods sector, as single-use plastic bags continue to be widely utilized for packaging and carrying goods at the point of sale. The industrialThe global single-use plastic bags market is undergoing a significant transformation driven by increasing awareness of environmental sustainability and the implementation of more stringent regulations on plastic usage. Various factors are shaping the market landscape across different segments, including material type, thickness, capacity, end-use industry, and sales channels.

In terms of material type, LDPE, LLDPE, HDPE, and PP are the key categories in the single-use plastic bags market. While LDPE is expected to maintain its dominance due to its flexibility and durability, there is a noticeable trend towards the adoption of alternative materials like PP to address environmental concerns. PP bags are gaining traction because of their recyclability and lower environmental impact. This shift towards sustainable materials is likely to influence market dynamics in the coming years, with players focusing on developing eco-friendly solutions to meet consumer demand and regulatory requirements.

The thickness segment is another crucial aspect affecting the single-use plastic bags market. Bags with a thickness greater than 25 microns are witnessing increased demand due to their durability and reusability. Consumers are increasingly looking for sturdier bags that can withstand multiple uses, leading to a rise in the adoption of thicker plastic bags. This trend is further accentuated by the growing emphasis on reducing plastic waste and promoting more sustainable packaging solutions.

In the capacity segment, bags with a capacity of less than 5 kg are expected to experience robust growth, particularly driven by the retail and consumer goods sector. Single-use plastic bags find extensive application in packaging and transporting goods at retail outlets, supermarkets, and convenience stores. The convenience and cost-effectiveness of plastic bags make them a preferred choice for both retailers and consumers, contributing to the continued demand for smaller capacity bags.

Within the end-use industry segment, the retail and consumer goods sector stands out as a significant market driver for single-use plastic bags. These bags are essential for packaging and carrying purchased items, making them indispensable for retail operations. The institutional and hospitality sectors also play a crucial role in the demand for single-use plastic**Market Players:**

- Bemis Manufacturing Company (U.S.)
- Transcontinental Inc. (Canada)
- Ardagh Group S.A. (Luxembourg)
- Winpak Ltd (Canada)
- Snapsil (Australia)
- Sealed Air (U.S.)
- Coveris (Austria)
- Immer Ltd (Ukraine)
- Flextrus AB (Sweden)
- ProAmpac (U.S.)
- Amcor Plc (Switzerland)
- Amerplast Ltd (Finland)
- Berry Global Inc.(U.S.)
- Dana Poly Inc. (U.S.)
- Hanoi Plastic Bag JSC (Vietnam)
- International Plastics Inc. (U.S.)
- Rutan Poly Industries Inc. (U.S.)

The global single-use plastic bags market is currently undergoing a significant transformation driven by increasing awareness of environmental sustainability and the implementation of more stringent regulations on plastic usage. The industry is forecasted to witness varying degrees of growth across different segments by the year 2029. In terms of material type, LDPE is expected to maintain its dominance owing to its flexibility and durability, making it the preferred choice for single-use plastic bags. However, there is a noticeable shift towards the adoption of alternative materials such as PP to address environmental concerns. The thickness segment is likely to experience a surge in demand for bags with a thickness greater than 25 microns, driven by the emphasis on durability and reusability. Moreover, the capacity segment is

North America, particularly the United States, will continue to exert significant influence that cannot be overlooked. Any shifts in the United States could impact the development trajectory of the Single-Use Plastic Bags Market. The North American market is poised for substantial growth over the forecast period. The region benefits from widespread adoption of advanced technologies and the presence of major industry players, creating abundant growth opportunities.

Similarly, Europe plays a crucial role in the global Single-Use Plastic Bags Market, expected to exhibit impressive growth in CAGR from 2024 to 2029.

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Key Benefits for Industry Participants and Stakeholders: –

Industry drivers, trends, restraints, and opportunities are covered in the study.
Neutral perspective on the Single-Use Plastic Bags Market scenario
Recent industry growth and new developments
Competitive landscape and strategies of key companies
The Historical, current, and estimated Single-Use Plastic Bags Market size in terms of value and size
In-depth, comprehensive analysis and forecasting of the Single-Use Plastic Bags Market

Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historical data and forecast (2024-2029) of the following regions are covered in Chapters

The countries covered in the Single-Use Plastic Bags Market report are U.S., Canada, Mexico, Brazil, Argentina, Rest of South America, Germany, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Saudi Arabia, U.A.E, South Africa, Egypt, Israel, and Rest of the Middle East and Africa

Detailed TOC of Single-Use Plastic Bags Market Insights and Forecast to 2029

Part 01: Executive Summary

Part 02: Scope Of The Report

Part 03: Research Methodology

Part 04: Single-Use Plastic Bags Market Landscape

Part 05: Pipeline Analysis

Part 06: Single-Use Plastic Bags Market Sizing

Part 07: Five Forces Analysis

Part 08: Single-Use Plastic Bags Market Segmentation

Part 09: Customer Landscape

Part 10: Regional Landscape

Part 11: Decision Framework

Part 12: Drivers And Challenges

Part 13: Single-Use Plastic Bags Market Trends

Part 14: Vendor Landscape

Part 15: Vendor Analysis

Part 16: Appendix

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