The Global Plastic Bags and Sacks Market was valued at USD 4,032.90 million in 2023 and is projected to reach USD 3,576.78 million by 2030, declining at a Compound Annual Growth Rate (CAGR) of -0.02% during the forecast period (2023–2030). This market contraction reflects growing environmental regulations and the shift toward sustainable alternatives, despite continued demand in developing economies for cost-effective packaging solutions.
As the packaging industry navigates the transition to eco-friendly materials while maintaining functionality, key players are innovating in biodegradable plastics and recycling technologies. In this analysis, we profile the Top 10 Companies in the Plastic Bags and Sacks Industry—leading manufacturers, niche innovators, and sustainability pioneers shaping the future of flexible packaging.
🔟 1. Novolex
Headquarters: Hartsville, South Carolina, USA
Key Offering: PE bags, PP sacks, biodegradable solutions
Novolex dominates the North American market with its extensive portfolio of plastic bags and food packaging products. The company operates 34 facilities across North America and Europe, serving retail, foodservice, and industrial markets.
Sustainability Initiatives:
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EcoVantage® line of reusable shopping bags
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EarthSmart® compostable foodservice products
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Commitment to 100% recyclable, compostable, or reusable products by 2025
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9️⃣ 2. Berry Global Group
