Flexible Packaging · Direct
Monitoring · monthlyProcurement Category Intelligence
Bags (Plastic)
Overview
Market size
$10,200
global, USD
CAGR
-4.2%
base to forecast
Buyer power
-1.8
supplier-favoured
Suppliers
3
tracked players
Signals
12
4 high severity
Market outlook
2031$10251
What changed
Demand by region
Asia Pacific demand45%
North America demand22%
Europe demand18%
Latin America demand8%
Rest of world demand7%
share of global demandtotal 100%
Cost drivers
Polyethylene Resin Feedstock55%
Energy and Utility Costs15%
Labor and Manufacturing Overhead15%
Logistics and Transportation10%
Packaging and Waste Disposal5%
share of delivered cost (analyst estimate)