US & Global Economic Impact Analysis and Forecasts

Freedonia analysts and economists are sharing their insights on how major events are impacting different parts of the US and global economies.

Rising Demand for Plastic Bags Spurs Increases in Production Capacity

The plastic bag – often derided by environmentalists and subjected to prohibitions on its use – has seen a comeback due to the COVID-19 pandemic. Indeed, demand for plastic bags has risen over the past year, supported by such factors as:

  • increasing shipments of packages bought and sold through e-commerce, as plastic bags are often used to wrap items in packages prior to shipment
  • consumer interest in disposable packaging due to concerns about minimizing the spread of the coronavirus
  • strong growth in the use of single-use medical devices, nearly all of which are packaged in plastic bags for ease of use and sterility

With these factors providing a boost to the industry, it is no surprise that many leading flexible packaging suppliers are looking for ways to expand production. A recent article highlighted the efforts of one leading flexible plastic packaging producer – Pregis – to do so by adding a bag manufacturing plant in Wisconsin and a facility that makes the equipment used to produce bags. Not only did these moves double the space at a manufacturing plant, but this expansion will enable additional increases production capacity in the future.

For more information and a discussion of market opportunities, see The Freedonia Group’s extensive collection of off-the-shelf research related to the packaging industry, including Global Corrugated Boxes,Corrugated & Paperboard Boxes,Protective Packaging,Global E-Commerce Packaging,Stretch & Shrink Film,Global Pallets,Bubble Packaging,Insulated Packaging Containers & Shippers,Protective Mailers, and Global Packaging Machinery. Related analysis from our sister publisher Packaged Facts can be found in these reports: Amazon Strategies and the Amazon Shopper, Consumer & Corporate Food Gifting in the U.S., Food Carryout & Delivery, and Global Food E-Commerce. Freedonia Custom Research is also available for questions requiring tailored market intelligence.

  Covid-19      Packaging