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Based on material, the polyethylene terephthalate (PET) bags segment will generate over USD 17.2 billion by 2032 due to its superior properties, such as high strength, durability, and excellent clarity, making it an ideal choice for various packaging applications. With the ability to recycle and turn materials into new products, these bags support environmental policies and meet the legal requirements to reduce plastic waste. The versatility of PET, which can be easily assembled in a variety of shapes and sizes, also satisfies the needs of a variety of industries, from food and beverage to pharmaceuticals.
Based on application, the polybags market from the E-commerce and shipping segment is expected to reach over USD 12.3 billion by 2032 owing to the increasing volume of online sales and the need for reliable, cost-effective packaging solutions. Polybags offer important advantages, such as durability, and flexibility, making them ideal for shipping a variety of items from clothing and electronics to small household items. The ability to provide safe and protective packaging also helps ensure customers receive products in excellent condition while minimizing damages during transit.
North America polybags industry size was valued at over USD 6 billion in 2023 and is expected to exceed USD 11.2 billion by 2032 attributed to the robust retail sector and surging consumer preference for convenient packaging solutions. The rise of e-commerce and online shopping has dramatically increased the demand for multi bags as effective shipping containers. Innovations in sustainable packaging, such as the development of recyclable and biodegradable polybags to support consumers and the increasing regulatory emphasis will also favor the regional market growth.