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Stock impact report

Tote Bag Market Set to Reach USD 1,084.3 Million in 2024, Expected to Grow at a CAGR of 4.9% by 2034 | Future Market Insights, Inc. [Yahoo! Finance]

Tapestry, Inc. (TPR) 
Last tapestry, inc. earnings: 4/30 06:45 am Check Earnings Report
US:NYSE Investor Relations: tapestry.com/investors
Company Research Source: Yahoo! Finance
Sustainability has become a key priority in the UK, with plastic bag usage dropping by 83% since 2015. As a result, eco-friendly alternatives like tote bags are gaining increasing attention and popularity. NEWARK, Del, Dec. 19, 2024 (GLOBE NEWSWIRE) -- The global tote bag market is projected to reach a value of USD 1,084.3 million in 2024, with an impressive CAGR of 4.9% during the forecast period. By 2034, the market is expected to reach USD 1,756.3 million , driven by growing consumer demand for sustainable and versatile alternatives to single-use plastic bags. As environmental concerns continue to rise, increasing regulations surrounding the use of plastic bags have opened the door for eco-friendly alternatives, and tote bags are emerging as a leading solution. Their reusable nature, combined with their ability to be customized through printing, has made tote bags a popular choice among environmentally conscious consumers and businesses alike. Tote bags are not just a functio Show less Read more
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