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Plastic Bag And Sack Market to Surpass USD 39.96 Bn by 2032

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Plastic Bag And Sack Market to Surpass USD 39.96 Bn by 2032 - Coherent Market Insights

Publish In : 17 Sep, 2025

Press Release ID: CMI2812

Category : Packaging

The Plastic Bag And Sack Market, estimated at USD 28.21 Bn in 2025, is expected to exhibit a CAGR of 5.1% and reach USD 39.96 Bn by 2032.

The packaging industry is evolving rapidly, driven by sustainability, innovation, and rising demand across food & beverages, healthcare, e-commerce, and personal care. With increasing focus on eco-friendly materials and smart solutions, the market presents significant growth opportunities for industry players worldwide.

Drivers

Expanding retail sector around the globe due to changing consumer lifestyle, rapid urbanization, and increasing disposable income of the people are expected to foster the market growth of plastic bag and sack. According to the Coherent Market Insights, global retail sales, including online retail and in-store purchases, are projected to increase at an impressive CAGR of 5.1% through 2025–2032. Moreover, according to the U.S. Census Bureau, U.S. retail sales rose 0.3% in December 2025. Therefore, the growing retail sector around the globe is estimated to accelerate the market growth of the plastic bag and sack.

Market Opportunities

Growing packaging industry around the globe is a major factor that is expected to add enormous growth opportunities to the market of plastic bag and sack in the coming years. According to the report published by the Economic Times, the market size of  the packaging industry is expected to touch US$ 72.6 billion by 2025 on account of rising population and income levels. The industry is projected to experience outstanding growth during 2025-2025, and anticipated to reach US$ 72.6 billion by 2025. The industry was valued US$ 31.7 billion in 2025.

Market Restraints

Various governments around the globe are implementing strict regulations to limit the adoption of lightweight bags in order to reduce the harmful impact on the environment which is expected to hinder the market growth of plastic bag and sack. These bags have adverse impact on the environment especially in rivers, lakes, oceans, and wildlife. This factor is expected to affect the demand for plastic bags, thereby restricting market growth over the forecast period.

To know the latest trends and insights prevalent in this market, click the link below:

https://www.coherentmarketinsights.com/market-insight/plastic-bag-and-sack-market-3470

Key Takeaways

On the basis of material type, the non-bio-degradable material has dominated the global plastic bag and sack market in 2025 with an approx. 92% market share in terms of value, followed by bio-degradable. The non-bio-degradable material is highly used in production of plastics, due to the cost effectiveness and easy availability of material.  

Market Trends

Shifting focus of manufacturer to boost the production capacity of bioplastic is expected to accelerate the market growth of plastic bag and sack over the forecast period. For instance, in October 2025, Novamont a chemical company has announced the opening of a revamped Mater–Biopolymer plant south of Rome, to boost the production capacity from 120,000 tons per year to 150,000. The new facility will increase production of ORIGO–BI, biopolyesters with a high level of renewables, components of MATER-BI compostable bioplastics, for various applications as an alternative to traditional plastics, including coffee cups and pods, carrier bags, cutlery, straws, and food packaging.

The rising production of plastic around the globe is projected to augment the market growth of the plastic bag over the forecast period. According to the plastic ocean, annually around 500 billion plastic bags are used worldwide. More than one million bags are used every minute. Moreover, the growing process of bottled water is also expected to foster the market growth of plastic bags and sacks. Furthermore, according to the EQUA, an average American consumes 167 bottles of water per year.

Competitive Section

Key players operating in global plastic bag and sack market are AEP Industries Inc., Mondi Group, Berry Plastics Inc., Alpha T-Shirt, Novolex, Ampac Holdings LLC, Bischof & Klein GmbH & Co. KG, Inteplast Group, Starlinger & Co Gesellschaft M.B.H, Da Nang Plastic Joint Stock Company, Hanoi Plastic Bag JSC, Goglio Group, and Schur Flexibles Group

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