Global Single-Use Plastic Bags Market 2020-2024
- May 2020 •
- 120 pages •
- Report ID: 5893484 •
- Format: PDF
The analyst has been monitoring the single-use plastic bags market and it is poised to grow by $ 0.66 bn during 2020-2024 progressing at a CAGR of 1% during the forecast period. Our reports on single-use plastic bags market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current global market scenario, latest trends and drivers, and the overall market environment. The market is driven by the advantages of plastic bags over their alternatives, increasing demand for logistics and warehousing, and demand for lightweight packaging from different sectors. In addition, advantages of plastic bags over their alternatives is anticipated to boost the growth of the market as well.
The single-use plastic bags market analysis includes application segment and geographic landscapes
The single-use plastic bags market is segmented as below:
• Retail and consumer
• Industrial and institutional
By Geographic Landscapes
• North America
• South America
This study identifies the increasing vendor initiatives to promote sustainable packaging as one of the prime reasons driving the single-use plastic bags market growth during the next few years. Also, growth in e-commerce industry and increasing demand for biodegradable plastic bags will lead to sizable demand in the market.
"The analyst presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters. Our single-use plastic bags market covers the following areas:
• Single-use plastic bags market sizing
• Single-use plastic bags market forecast
• Single-use plastic bags market industry analysis"