According to a recent report by Reports and Data, the global market for shopping bags was valued at USD 10.49 Billion in 2021, and is expected to grow at a revenue CAGR of 2.9% during the forecast period. The main driving factor for this growth is the rising demand for eco-friendly and reusable shopping bags. These bags offer a safer, more secure, and environmentally friendly alternative, as they are made from recycled materials such as newspaper bags, jute twine, and flour-based glue, and are completely biodegradable. Additionally, compared to regular bags, they have a higher carrying capacity - for example, bags made from two layers of used newspaper and a short piece of rope can hold up to 2.5 kg due to their innovative design. Reusable eco-friendly bags are also made from recycled materials like paper, cotton, canvas, and jute, and are composed of sturdy materials that can withstand heavy weight without tearing.
To get a sample copy of the report, click on @ https://www.reportsanddata.com/sample-enquiry-form/5693
Top Profiled Companies in the Global Non- Reusable Shopping Bags Market Report:
Earthwise Bags Company Inc., Mato& Hash, Planet E, Creative Green Life., BeeGreen, Simply+Green Solutions, Yookeehome, ASF TASHI LLC., and Ecosac Co.
Restraining Growth of Non- Reusable Shopping Bags Market
- Increasing competition from alternative packaging solutions such as paper bags, cloth bags, and tote bags, which are becoming more popular among environmentally conscious consumers.
- The high cost of production of eco-friendly and reusable bags, which may limit their affordability for some consumers and businesses.
- Limited availability and accessibility of recycling facilities for eco-friendly bags, which may discourage consumers from using them and limit their overall adoption.
- Uncertainty in the global economy and trade policies, which may affect the production, import, and export of shopping bags and their raw materials.
Key Regional Markets Covered in the Report:
- North America (U.S.A., Canada, Mexico)
- Europe (Italy, U.K., Germany, France, Rest of Europe)
- Asia Pacific (India, China, Japan, South Korea, Australia, Rest of Asia Pacific)
- Latin America (Chile, Brazil, Argentina, Peru, Rest of Latin America)
- Middle East & Africa (Saudi Arabia, U.A.E., South Africa, Rest of Middle East & Africa)
Click here to know more about the report @ https://www.reportsanddata.com/report-detail/shopping-bags-market
Further market segmentation
Material type Outlook (Revenue, USD Billion; 2019-2030)
- Paper Bags
- Cotton Bags
- Canvas Bags
- Jute Bags
- Others
Distribution channel Outlook (Revenue, USD Billion; 2019-2030)
- Offline Retail Stores
- Online Retail
Type Outlook (Revenue, USD Billion; 2019-2030)
- Reusable Bags
- Non-Reusable Bags
Key Takeaways of the Global Non- Reusable Shopping Bags Market Report:
- A comprehensive overview of the global Shopping Bags industry.
- Accurate market projections in terms of market size, share, and volume.
- Thorough study of the global market dynamics, such as major market revenue growth drivers, opportunities, threats, challenges, restraints, and future growth avenues.
- Deep-dive analysis of the upcoming market trends.
- Qualitative and quantitative analyses of the global Non- Reusable Shopping Bags Market.
- Elaborate study of the leading regional markets in the global Non- Reusable Shopping Bags Market.
- Complete overview of the market’s competitive landscape.
- Brief look at the company profiles and portfolios.
Request customization of the report @ https://www.reportsanddata.com/request-customization-form/5693
Thanks for reading our report. Please connect with us in case you require further details on the report or its customization. Our market research team will ensure the report is well-suited to your needs.
Browse More Related Reports
http://kazus.info/url.php?url=https://www.reportsanddata.com/report-detail/dietary-fibers-market
About Reports and Data
Reports and Data is a market research and consulting company that provides syndicated research reports, customized research reports, and consulting services. Our solutions purely focus on your purpose to locate, target and analyze consumer behavior shifts across demographics, across industries and help client’s make a smarter business decision. We offer market intelligence studies ensuring relevant and fact-based research across a multiple industries including Healthcare, Technology, Chemicals, Power and Energy. We consistently update our research offerings to ensure our clients are aware about the latest trends existent in the market. Reports and Data has a strong base of experienced analysts from varied areas of expertise.
Contact Us:
John W
Head of Business Development
Reports and Data | Web: www.reportsanddata.com
Direct Line: +1-212-710-1370
E-mail: [email protected]
Blog: https://www.reportsanddata.com/blogs