COVID-19 Economic Impact Report: Retail Bags
The US retail bags industry is facing a number of challenges as it deals with the impact of the COVID-19 pandemic. How has the macroeconomic environment changed and what does it mean for the US retail bags industry going forward?
COVID-19 Economic Impact Report: Retail Bags looks at how the expected impact of the pandemic on the current macroeconomic environment in the US compares to other major events since 2000, including the bursting of technology bubble and 9/11 terrorist attack, and the 2007-2009 Great Recession. It also provides a historical view of industry sales since 2000, a look at how the industry is being currently impacted, and estimates for industry sales through 2024.
Other terms for retail bags include:
- carryout bags
- die-cut handle bags
- grocer bags
- merchandise bags
- paper sacks
- promotional bags
- reusable shopping bags
- thank you bags
- t-shirt bags
Bags considered in this slide deck are only those sold specifically to be used as shopping bags.
Market segments include grocery, foodservice (including full-service and limited service restaurants, as well as other foodservice outlets), and other retail, which includes but is not limited to big-box stores, convenience stores, department stores, discount stores, drug stores, gas stations, liquor stores, outlet stores, pharmacies, and specialty shops and stores.
Bag materials include co-extruded plastics, high-density polyethylene (HDPE), linear low-density polyethylene (LLDPE), low-density polyethylene (LDPE), recycled polyethylene terephthalate (rPET), synthetic fibers such as nylon or polyester, woven and non-woven polypropylene (PP), as well as a variety of paper grades.
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