Carry Bags Market

Carry Bags Market Outlook (2023 to 2033)

Global demand for carry bags is anticipated to evolve at a CAGR of 4.6% from 2023 to 2033. The carry bags market is valued at US$ 22.3 billion in 2023 and is expected to reach a market size of US$ 35 billion by the end of 2033.

Carry bags are primarily utilized as a means of product packaging in supermarkets and hypermarkets. They are quite easy to dispose of and have a minimal environmental impact, which is a huge benefit. Additionally, they can be used for moving products from one area to another.

Carry bags have a high density, and due to their chemical composition, the use of plastic and paper carry bags is more predominant. These bags are highly recommended for industrial use, with single-use intention also very popular. Carry bags are used in the retail sector to make life easier for customers. The use of reusable bags has rapidly increased.

Carry bags are widely employed in the packaging industry and are utilized in daily life to transport consumer products. Different types of materials, including paper, jute, cotton & canvas, and plastic, are used to make carry bags.

The most popular reusable carry bags are made of polypropylene. Because plastic carry bags are a cost-effective, convenient, and easy-to-store packaging option, retailers choose to utilize them. Key producers of carry bags are working hard to offer bags that are less wasteful and have a low environmental impact.

Carry bags are the bags provided to customers at the point of sale so they can leave with their purchases. Customers have access to a wide selection of carry bags provided by numerous companies.

Demand for carry bags has been significantly stimulated by the continuously expanding shopping centers, supermarkets, and well-established retail businesses globally. The carry bags market is growing quickly as a result of expanding retail industry and rising consumer demand for environmentally friendly packaging.

Presently, several companies are implementing new developments in the carry bags industry to recycle and reuse these products. Key players in the carry bags market space have started offering biodegradable bags that are easily decomposable. Carry bags are being made available everywhere for industrial and commercial purposes, although, a lot is being used at retail units too for plastic protective packaging purposes.

Plastic carry bags are most generally used in the retail sector because they are affordable, adaptable, and simple to use. Plastic bags are also tough and weatherproof by nature, protecting items from moisture, heat, and cold. Retailers are now charging for plastic carry bags to reduce the use of plastic, which pollutes the environment and takes a very long time to degrade.

Report Attributes	Details
Carry Bags Market Size (2023)	US$ 22.3 Billion
Projected Market Value (2033)	US$ 35 Billion
Global Market Growth Rate (2023 to 2033)	4.6% CAGR
Market Share of Reusable Carry Bags	60%
Key Companies Profiled	The Carry Bag Company Global-Pak Inc. Novolex Holdings, LLC International Paper Company Mondi Group Plc Coveris Atlantic Poly Inc. Rutan Poly Industries, Inc. Smurfit Kappa Group El Dorado Packaging, Inc.

Why are Sales of Carry Bags So High across the World?

“Rapid Innovations in Carry Bag Production to Lower Environmental Impact”

Key players are heavily spending on product innovation and R&D to provide improved and better products to meet consumer demand and compete with rival brands and products. Paper, jute, and canvas carry bags have been introduced by key manufacturers; they are recyclable and environmentally friendly. These carry bags disintegrate faster than plastic ones. The expansion of the global market for carry bags is mostly due to innovation in these bags.

Since plastic is rapidly damaging the environment, consumers are now more concerned about environmental issues. Food businesses also use plastic to package meals, which is very bad for human health. Increased consumer awareness resulted in a decrease in the use of plastic carry bags and an increase in the usage of other bags.

Major manufacturers have begun producing biodegradable plastic carry bags because they degrade more quickly and are easy to recycle. These bags are easy to make and have no natural toxins. The rise in the usage of biodegradable plastic carry bags is a key driver of the global market for carry bags.

“Increasing Adoption of Paper Carry Bags”

Paper carry bags are now being used more widely as a result of consumer and brand demand for environmentally friendly goods. The desire to reduce human dependency on fossil fuels and the growing awareness of plastics' harmful environmental consequences are the key forces behind this.

Paper bags have benefited greatly from being less priced and having more printing options as compared to substitutes such as jute and cotton bags. Major businesses in the retailing industry are now using paper carry bags since they are easy to reuse and recycle. Better branding is a big factor in the acceptance of paper carry bags; not only can company names be easily printed on the bags, but they also have a stylish appearance.

Paper bag packaging plays a significant part in food packaging by protecting products from physical, chemical, and environmental variables that could potentially contaminate all of the food if improperly wrapped. Due to their low production costs, ability to be recycled and reused, and reduced impact on the environment, eco-friendly and biodegradable products are in greater demand for use in packaging.

Many manufacturers prefer the packaging of paper bags for shipping since it is more affordable and produces less hazardous byproducts. Carry bags are becoming more popular in daily life, which is a key contributor to the expansion of the worldwide carry bag market.

How Can Carry Bag Demand Be Adversely Affected?

“Availability of Low-cost Alternatives and Raw Material Shortage”

The easy availability of low-cost alternatives is hampering the carry bags market growth. Strict government regulations regarding the deforestation & use of plastic bags and raw material shortage are the factors restricting market expansion.

Why is North America Projected to Offer a Sizable Opportunity for Carry Bag manufacturers?

“Wide Presence of Supermarkets & Shopping Malls”

North America accounts for 50% share of the global carry bags market. Increasing strict regulations on the use of non-biodegradable packaging, coupled with the growing introduction of biodegradable plastic packaging, is the main factor that is increasing the usage of carry bags. Greater spending on luxury products and the wide presence of supermarkets and shopping malls are driving market growth in the region.

Country-wise Insights

Why are Carry Bag Manufacturers Eyeing the United States?

“Huge Demand for Carry Bags to Transport Various Food & Beverage Products”

Sales of carry bags in the United States are fueled by the presence of well-established companies, the rapid expansion of the local retail industry, an increase in manufacturing facilities, and a growing customer base. Huge demand for carry bags to transport various food and beverage products is projected to boost market growth.

What are the Prospects for Carry Bag Sales in Germany?

“Surging Demand for Paper Bags in the Country”

The market in Germany is predicted to rise due to the growing consumer need for environmentally friendly and biodegradable packaging options. Increased consumer awareness of waste generation, ecological damage, and unfavorable effects of plastic products and packaging are driving the demand for paper bags in Germany.

Why is Carry Bag Usage Increasing across Japan?

“Rapid Expansion of Hospitality Industry in Japan”

Japan is experiencing high demand for carry bags due to retail network penetration coupled with the rapid expansion of the hospitality industry. Market growth in Japan is attributed to the growing population & urbanization, and a rise in the local supply of single-use plastic bags.

Category-wise Insights

Why are Reusable Carry Bags Highly Demanded across the World?

“Reusable Carry Bags Gaining Traction Due to Their Wide Availability in Variety of Colors & Sizes”

Based on type, the market is divided into single-use and reusable. Reusable carry bags account for 60% share of the global market due to their extensive usage.

As an alternative to single-use plastic or paper bags, reusable shopping bags can be used repeatedly. They are made of canvas, thick plastic, woven synthetic fibers, or natural fibers such as polypropylene. Consumers are more likely to purchase reusable carry bags due to their reusability and wide availability in a variety of colors and sizes.

However, due to advancements in designs, including the use of quickly disposable and eco-friendly materials that help in decreasing the environmental load, the demand for single-use carry bags is predicted to rise over the coming years.

Which Distribution Channel is Generating Most Revenue in This Space?

“Retail Stores Offering Convenient Shopping Experiences to Consumers”

The market is divided into liquor stores, hypermarkets, retail stores, online channels, and others based on distribution channel. Sales of carry bags in retail stores are increasing due to the expanding retail industry and the opening of additional retail outlets. Retail stores give customers a large selection of carry bags to pick from and the convenience of having everything in one location.

Customers are encouraged to purchase a variety of carry bags based on type and quality by factors such as decreased rates, a pleasant shopping experience, and attractive shelf displays. As a result, carry bag sales will rise internationally due to consumer familiarity with different types of carry bags and the significant growth in retail channels by key vendors.

Competitive Landscape

Key market players are engaged in the production of biodegradable carry bags following safety regulations to maintain sustainability in packaging. These players have a wide presence and rely on quality control and technological advancements such as highly equipped plastic sheet processing machinery, and developing strong marketing channels with food processors and end consumers.

Top carry bag producers are implementing innovation and customization as important tactics to strengthen their market position due to the rising demand for recycled paper bags. These companies' main tactics include enhancing product standards, mergers & acquisitions, and pricing trends. Major market participants have a competitive advantage thanks to improved supply chain management.

For instance :

• Zenith Speciality Bags, a top supplier of specialty paper food packaging solutions, was acquired by Novolex, an industry pioneer in packaging choice and sustainability to boost the craft packaging business and support the strategic expansion of the company.
• A brand-new, environmentally friendly water-resistant paper was developed by Smurfit Kappa Group PLC. Smurfit Kappa's new TechniPaper® portfolio features a range of high-performance sheets that can handle even the trickiest supply chains. A product in this portfolio is AquaStopä. The AquaStopä paper is water-resistant because of a special coating that was put in when it was being made.

Key Segments of Carry Bags Industry Research

• By Bag Type :

  • Handle Less Bags
  • T-Shirt Bags
  • Die Cut Handle Bags
  • Fold Over Die Cut Bags
  • Pitch Handle Bags
  • Side Gusset Bags
  • Rigid Snap Bridge Bags
  • Wave Top Bags
  • Wine Bags
  • Others

• By Type :

  • Single Use
  • Reusable

• By End Use :

  • Individual Consumers
  • HoReCa
  • Supermarkets & Hypermarkets
  • Convenience Stores
  • Independent Retail
  • Others

• By Sales Channel :

  • Direct Sales
  • Indirect Sales

• By Distribution Channel :

  • Liquor Stores
  • Hypermarkets
  • Retail Stores
  • Online Channels
  • Others

• By Region :

  • North America
  • Europe
  • Asia Pacific
  • Latin America
  • Middle East & Africa