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Stock impact report

Retail Bags Market Report 2024 - Key Trends Include Biodegradable Bags, Eco-friendly Materials, Smart Packaging Solutions and Subscription-based Models - A $23.66 Billion Market in 2028 [Y...

International Paper Company (IP) 
Last international paper company earnings: 4/30 07:00 am Check Earnings Report
US:NYSE Investor Relations: internationalpaper.com/performance
Company Research Source: Yahoo! Finance
The retail bags market size has grown strongly in recent years, from $16.84 billion in 2023 to $17.98 billion in 2024 at a compound annual growth rate (CAGR) of 6.8%. The increase observed in the past can be linked to factors such as urbanization, a surge in tourism, a rise in home delivery services, growth in e-commerce, and an uptick in online shopping. The retail bags market size is expected to see strong growth in the next few years, growing to $23.66 billion in 2028 at a compound annual growth rate (CAGR) of 7.1%. The anticipated growth during the forecast period is driven by the expanding retail sector, the increasing number of shopping malls, heightened awareness of waste production, a rise in supermarkets, and growing consumer expenditure. Key trends expected in this period include technological innovations, the use of biodegradable bags, eco-friendly materials, smart packaging solutions, and subscription-based models. The growth of e-commerce is expected to drive expan Show less Read more
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