Global Eco-friendly Plastic Bags Sales Market Report 2022

Global Eco-friendly Plastic Bags Sales Market Report 2022

Market Analysis and Insights: Global Eco-friendly Plastic Bags Market

Due to the COVID-19 pandemic, the global Eco-friendly Plastic Bags market size was US$ 1,684.50 million in 2021 and is forecast to a readjusted size of US$ 2,806.58 million by 2028 with a CAGR of 6.58% during the forecast period 2022-2028. Fully considering the economic change by this health crisis, Starch Blends accounting for 45.42% of the Eco-friendly Plastic Bags global market in 2021, is projected to volume 237.11 K MT by 2028, growing at a revised 10.84% CAGR from 2022 to 2028. While Convenient for Shopping segment is altered to an 11.14% CAGR throughout this forecast period.
The United States Eco-friendly Plastic Bags market size was US$ 323.67 million in 2021, while China was US$ 169.07 million. The proportion of the United States was 19.21% in 2021, while Chinese percentage was 10.04%, and it is predicted that China share will reach 12.82% in 2028, trailing a CAGR of 10.61% through the analysis period.

The global key manufacturers of Eco-friendly Plastic Bags include BioBag, Walki Plastiroll Oy, RKW Group, Jiangsu Torise biomaterials, JUNER Plastic packaging, Chnpack, Symphony Polymers, EnviGreen, and XCBIO, etc. In 2021, the global top five players occupied for a share approximately 11.72% in terms of revenue.

In United States, in terms of sales volume, in 2021, the top three players hold a share about 6.92%, while in China, top three players hold a share nearly 10.37%.

Global Eco-friendly Plastic Bags Scope and Market Size

The global Eco-friendly Plastic Bags market is segmented by company, region (country), by Type, and by Application. Players, stakeholders, and other participants in the global Eco-friendly Plastic Bags market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on sales, revenue and forecast by region (country), by Type and by Application for the period 2017-2028.

By Company

BioBag
Walki Plastiroll Oy
RKW Group
Jiangsu Torise biomaterials
JUNER Plastic packaging
Chnpack
Symphony Polymers
EnviGreen
XCBIO
Polybags
BioPak
Scanlux Packaging

Segment by Type

Polylactic Acid (PLA)
Polyhydroxyalkanoate (PHA)
Starch Blends
Others

Segment by Application

Food Packaging
Industrial Packaging
Convenient for Shopping
Garbage Containing
Others

By Region

United States
Europe
China
Japan
Southeast Asia
India
Other Regions