Global Reusable Shopping Bag Market Research Report 2023-Competitive Analysis, Status and Outlook by Type, Downstream Industry, and Geography, Forecast to 2029
A reusable shopping bag is a type of shopping bag which can be reused many times. It is an alternative to single-use paper or plastic bags.
It is often a tote bag made from fabric such as canvas, natural fibers such as Polypropylene, woven synthetic fibers, or a thick plastic that is more durable than disposable plastic bags, allowing multiple uses.
Market Overview:The latest research study on the global Reusable Shopping Bag market finds that the global Reusable Shopping Bag market reached a value of USD 8385.4 million in 2022. It’s expected that the market will achieve USD 13610.95 million by 2028, exhibiting a CAGR of 8.41% during the forecast period.
The COVID-19 epidemic has hindered the development of the industry
The COVID19 pandemic is having immense effects on societies across the world. It has caused millions of deaths worldwide and challenged our health systems and economies. The global COVID-19 epidemic is having an impact on every industry in the world, and it is also having a serious impact on the Reusable Shopping Bag Industry. The global blockade will have devastating economic effects on certain industries such as travel, entertainment, retail and various service industries. Due to the damage caused by the COVID-19 epidemic around the world, there may not be as many tourists from several countries as in the past few years, which will inhibit the development of downstream enterprises in the industry, thus inhibiting the development of the reusable shopping bag industry to a certain extent. In addition,the onset of coronavirus has set back the ban of single-use plastics. With early 2020 concerning about the risks of infection spread, the allied consumers of retail goods went back to throwaway packaging. Total lockdowns imposed in the time of pandemic in many countries across the globe have led people to rely on online shopping and takeaway services for procuring essentials, including food items and groceries. In extraordinary times, from the perspective of people's health and safety, the food service industry prefers to use disposable bags instead of reusable shopping bags. Due to the uncertainty of the epidemic situation, the epidemic situation in COVID-19 will affect the development of the industry in a certain period of time.
Policy support
Environmental protection has become a concern of all countries in the world. Reusable shopping bags has a positive impact on the environment. Reusable bag has a wide application prospect, because it is a light but strong bag that can be used in daily life. Environmental protection bags are environmentally friendly, easy to clean and reuse, so they promote a greener earth. Because the reusable shopping bag industry belongs to the green economy, many governments have promulgated some measures to encourage the development of this industry, such as restricting the use of disposable plastic bags. In USA, eight states—California, Connecticut, Delaware, Hawaii, Maine, New York, Oregon and Vermont—have banned single-use plastic bags.
Competition in the industry is fierce
For most industries the intensity of competitive rivalry is the major determinant of the competitiveness of the industry. Having an understanding of industry rivals is vital to successfully market a product. Positioning pertains to how the public perceives a product and distinguishes it from competitors. A business must be aware of its competitors marketing strategy and pricing and also be reactive to any changes made.
Due to the low technical content and considerable profits of reusable shopping bags industry, many enterprises have entered the reusable shopping bags market. The reusable shopping bag industry is facing a fierce competitive position. Many companies have been doing business in this industry. They pay more attention to R&D, product innovation, channel construction and customer relationship management, trying to gain greater market share and competitive advantage.
Region Overview:North America dominated the Reusable Shopping Bag market in 2022, with a market share of 34.62%.
Company Overview:Vicbag Group is one of the major players operating in the Reusable Shopping Bag market, holding a share of 0.75% in 2023.
Vicbag Group
Vicbag is the leader in the reusable shopping bags market since 1984. The headquarters is located in Paris, France, where the founder and owner of the company created the first reusable shopping bags in 1982.
Netpak Ambalaj
Netpak Ambalaj is one of the biggest eco-friendly bag, Promotional Bag, Nonwoven Bag, Recyclable Bag, Laminated Nonwoven Bag, Woven Bag, Eco Bag manufacturers in Europe and a leading player in its industry with 40 years of experience.
Segmentation Overview:By type, Polypropylene segment accounted for the largest share of market in 2022.
Polypropylene
Polypropylene Reusable Shopping Bags are strong puncture resistant bags. Polypropylene is known for its durability and lasting quality making it an ideal material in reusable tote bags and shopping bags.
Polyester
Polyesters are famous for being synthetic materials used in the production of natural long lasting fabrics and bags. Bags made from polyester are known to be durable, wrinkle resistant and can be used for multiple purposes.
Jute & Cotton
The jute and cotton bags are made up of biodegradable materials. The jute and cotton bags are very strong and highly durable, 100% biodegradable (it degrades biologically in 1 to 2 years), low-energy recyclable, and cause no threat to the environment. Carrying of products in a Jute & Cotton bag no threat to hygiene.
Application Overview:In the Reusable Shopping Bag market, 63.85% of the total value was generated through the Retail segment by application in 2022.
Key Companies in the global Reusable Shopping Bag market covered in Chapter 3:Enviro-Tote
1 Bag at a Time
Hangzhou Dingsheng Packing
SAPPHIRE PACKAGING CO., Ltd
Netpak Ambalaj
MIHA J.S.C
Wenlong
RediBagUSA
Huong Sen Packaging Company Limited
Earthwise Bag
ShuYe
Command Packaging
Wenzhou Shenen Nonwoven
Xiongwei Woven
Vicbag Group
In Chapter 4 and Chapter 14.2, on the basis of types, the Reusable Shopping Bag market from 2018 to 2029 is primarily split into:Polypropylene
Polyester
Jute & Cotton
Others
In Chapter 5 and Chapter 14.3, on the basis of Downstream Industry, the Reusable Shopping Bag market from 2018 to 2029 covers:Foodservice
Retail
Garment Industry
Others
Geographically, the detailed analysis of consumption, revenue, market share and growth rate, historic and forecast (2018-2029) of the following regions are covered in Chapter 8 to Chapter 14:North America (United States, Canada)
Europe (Germany, UK, France, Italy, Spain, Russia, Netherlands, Turkey, Switzerland, Sweden)
Asia Pacific (China, Japan, South Korea, Australia, India, Indonesia, Philippines, Malaysia)
Latin America (Brazil, Mexico, Argentina)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa)