The global food bag market is growing at a considerable CAGR of 5.0% during the forecast period. The major factor that is augmenting the growth is due to emphasis given towards the usage of paper bags. Moreover, increasing demand for convenience food among the working population along with effectively maximizing utilization of the standard size bags in restaurants are also estimated to be the other important factors that are contributing significantly towards the growth of the market. However, rising concern related to the environment is major factors constraints that are hindering the growth of the global food bag market across the globe. 

However, the growing usage of green solutions bags is the key factor that is creating opportunities for the market. New product launches in the market are likely to drive the growth of the global food bag market. For instance, in January 2020, Glad Products Co. had introduced recyclable food bags which is considered as a part of its integration with TerraCycle's Loop pilot program in the US. With the support of the program, consumers will be able to order the products online along with receiving and recycling their favorite food bags through a reusable steel container and return pouch. Additionally, the Glad Products Co. and Loop pilot program partnership also enables simple, convenient, in-home recycling of plastic bags through the reordering of everyday food storage products.

Impact of COVID-19 on the Global Food Bag Market

The global food bag market is hardly hit by the COVID-19 pandemic since December 2019. The COVID-19 pandemic had brought a lot of disruption across the globe. Additionally, the supply chain was also facing disturbance due to the lockdown restriction that was affecting the market. However, an increase in the demand related to packaged food items was being observed as they decreased the risk associated with tampering and adulteration which is acting as a supportive factor.

Segmental Outlook 

The market is segmented based on type, and application. Based on the type, the market is segmented into plastic, paper, and fabric. Further, based on the application segment, the market is divided into a supermarket, restaurant, and others. 

Global Food Bag Market Share by Type 2021 (%)

Paper Expected to Hold Prominent Market Share in the Global Food Bag Market

Based on the type, the paper segment holds a significant share in the global food bag market. The demand for the paper food bag segment is increasing owing to the maximum utilization of standard-size bags in restaurants. Additionally, paper bags offer flexibility along with durability and are also considered inexpensive when the comparison is made to plastic bags. The paper bags provide the finest packaging opportunities for a variety of fresh food items that also include Candy and also are biodegradable having a longer life. 

Regional Outlooks

The global food bag market is analyzed based on the geographical regions that are contributing significantly towards the growth of the market. Based on the geography, the market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. North America held a considerable share in the global food bag market. Some factors that are boosting the market growth in North America are the high demand for food and beverages along with an increase in the disposable income in the region. Additionally, the hectic lifestyle of the people along with the existence of a large number of players is another main factor that is providing support to the growth of the market in the region.

Global Food Bag Market, by Region 2022-2028

Asia-Pacific will have Considerable Growth in the Global Food Bag Market  

Asia-Pacific region is expected to witness significant growth opportunities for the market. Increasing business enlargement in the emerging economies of the region is likely to drive the growth of the regional market. Additionally, in China, the production and consumption of packaged food are increasing which is supporting in order to increase the use of food bags is also some of the factors that are affecting and impacting the growth in this market. 

Market Player Outlook

The prominent players functioning in the global food bag market include Bischof + Klein SE & Co. KG, Novolex, Poly Pak Plastics, ProAmpac, and Rutan Poly Industries, Inc. among others. These key manufacturers are adopting various strategies such as new product launches and approvals, mergers and acquisitions, partnerships, and collaborations, and many others to thrive in a competitive environment. For instance, in October 2020, Novolex which is considered a provider in packaging choice, sustainability, and innovation had set forth the investment in a new water treatment system that will grow its capacity to recycle plastic retail bags and other films collected through "store drop-off" programs.

In May 2020, Novolex had introduced its new products which include sandwich wraps, sandwich bags, bakery bags, chip bags, deli bags, and micro-flute clamshells.

The Report Covers

• Market value data analysis of 2021 and forecast to 2028.
• Annualized market revenues ($ million) for each market segment.
• Country-wise analysis of major geographical regions.
• Key companies operating in the global food bag market. Based on the availability of data, information related to new product launches, and relevant news is also available in the report.
• Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
• Analysis of market-entry and market expansion strategies.
• Competitive strategies by identifying ‘who-stands-where in the market.