Plastic Bags And Sacks Market Size, Share Report, Analysis, Trends, Growth 2034

The global plastic bags and sacks market size was worth around USD 24.76 Billion in 2024 and is predicted to grow to around USD 41.11 Billion by 2034 with a compound annual growth rate (CAGR) of roughly 5.2% between 2025 and 2034.The study provides assessment and analysis of the Plastic Bags And Sacks Market on a global & regional level. It offers a comprehensive assessment of the market competition, constraints, revenue estimates, opportunities, evolving trends, and industry-validated data. 

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Key Insights

• As per the analysis shared by our research analyst, the global plastic bags and sacks market is estimated to grow annually at a CAGR of around 5.2% over the forecast period (2025-2034).
• Regarding revenue, the global plastic bags and sacks market size was valued at around USD 24.76 Billion in 2024 and is projected to reach USD 41.11 Billion by 2034.
• The plastic bags and sacks market is projected to grow at a significant rate due to increasing for convenient, cost-effective packaging solutions across various sectors, including retail, food and beverage, and industrial applications, despite growing environmental concerns.
• Based on Material, the Biodegradable segment is expected to lead the global market.
• On the basis of Product, the Gusseted Bags segment is growing at a high rate and will continue to dominate the global market.
• Based on the End User, the Institutional segment is projected to swipe the largest market share.
• Based on region, Asia-Pacific is predicted to dominate the global market during the forecast period.

Plastic Bags and Sacks Market: Synopsis

Plastic bags & sacks are also referred to as polybags and are completely made up from thin plastic films. These products are extensively utilized for packing food items, fresh produce, stationery, and apparel. Moreover plastic bags & sacks are transparent, flexible, and possess wear & tear resisting feature. In addition to this, these products also have outstanding moisture barrier features. Reportedly, food & beverages, retail & consumers, and institutional services are few of the key applications of plastic bags & sacks.

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Plastic Bags and Sacks Market: Growth Dynamics

Rise in demand for plastic bags & sacks from food & beverages, groceries, clothing & apparel, and consumer products will drive market trends. With supermarkets & retail stores majorly printing their brand names on plastic bags & sacks as a part of promotional activity, it is likely that plastic bags and sacks market is set to witness vivified growth within next few years. Moreover, plastic bags & sacs has proved to be a low cost promotional tool for marketing activities and this have paved a way for humongous demand for product in recent years.

Furthermore, humungous need for convenience packaging has facilitated growth of plastic bags and sacks industry. Launching of eco-friendly plastic bags & sacks by reputed firms will prop up market growth in upcoming years. For instance, in June 2019, LyondellBassell industries N.V., a Holland-based Chemical Company, entered into long term commercial agreement with Neste Oyj– an Oil refining & marketing firm based in Finland- for producing plastics from renewable sources such as bio-based polypropylene and bio-based polyethylene.

Plastic Bags And Sacks Market: Report Scope    

Plastic Bags and Sacks Market: Hindrances

Escalating environmental concerns due to massive use of non-biodegradable material in production of plastic bags & sacks will obstruct growth of bags and sacks market. Apparently, with view of rise in ban on use of plastics in various countries, firms in bag manufacturing business as well as packaging business are substituting plastic bags with paper bags and this has created hurdles in expansion of size of plastic bags and sacks market.

Plastic Bags and Sacks Market: Regional Insights

Asia Pacific Plastic Bags and Sacks Market To Register Highest Growth Over 2022-2028

Expansion of plastic bags and sacks market in Asia Pacific over forecasting years can be credited to increase in sale of product in retail stores as well as in hypermarkets. Moreover, rising inclination towards low-cost packaging items will outline & trace an effective growth map for plastic bags and sacks industry in Asia Pacific zone. Huge demand for consumer products, apparels, and electronic goods has culminated into massive need for plastic bags & sacks packaging in these sectors, thereby increasing scope of plastic bags & sacks production activities in Asia Pacific.  This, in turn, will result into marked increase in product sales leading to huge revenue gains for plastic bags and sacks market in APAC zone.

Plastic Bags and Sacks Market: Competitive  Insights

The report provides a company market share analysis to give a broader overview of the key market players. In addition, the report also covers key strategic developments of the market, including acquisitions & mergers, new product launches, agreements, partnerships, collaborations & joint ventures, research & development, and regional expansion of major participants involved in the plastic bags and sacks market on a global and regional basis.

Key players influencing elevation of plastic bags and sacks market in terms of both value & volume are profiled in our report. They are

• AEP Industries Inc.
• Berry Global, Inc.
• Novolex
• AlphaPoly Packaging
• Bischof + Klein SE & Co.KG
• Mondi plc
• Interplast Group Corporation
• Ampac Holdings, LLC
• Starlinger Group.
  
  Other major industry participants strongly influencing global plastic bags and sacks market are
   
• Schur Flexibles Holding GesmbH
• Gesellschaft GmbH
• Arihant Packaging
• Hanoi Plastic Bag JSC
• Danang Plastic Joint Stock Company
• and Goglio S.p.A.

The global Plastic Bags And Sacks Market is segmented as follows:

By Material

• Biodegradable
• Non-Biodegradable

By Product

• Gusseted Bags
• T-Shirt Bags
• Lay Flat Bags
• Rubble Sacks
• Trash Bags
• Woven Sacks
• Others

 By End User

• Institutional
• Retail & Consumer
• Industrial

By Region

• North America
  • The U.S.
  • Canada
• Europe
  • France 
  • The UK
  • Spain
  • Germany
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Southeast Asia
  • Rest of Asia Pacific
• Latin America
  • Brazil
  • Mexico
  • Rest of Latin America
• Middle East & Africa
  • GCC
  • South Africa
  • Rest of Middle East & Africa