Why consumers choose reusable bags instead of plastic ones?

The global market for shopping bags is anticipated to reach USD 17.66 billion by 2028, at a CAGR of 5.8% over the forecast period, from an estimated USD 11.9 billion in 2021. (2022-2028).

Reality and Impacts of Plastic Bag in the US 

• Approximately 100 billion plastic shopping bags are used in the US market for bags per year.
• To produce that many plastic bags, 12 million barrels of oil are required.
• To compensate for the greenhouse gas emissions caused by all those plastic bags, it would take the equivalent of taking 50 million cars off the road for a whole year.

The tendency of using Reusable shopping bags are gaining in popularity 

• Most Americans (75%) said they would be more likely to use reusable shopping bags if retailers offered them a discount and the bags were easier to use.
• SkyQuest's poll found that 84% of respondents repurposed plastic shopping bags for other things like packing materials or trash can liners.
• Paper shopping bags cause less pollution than plastic bags, although using more energy and water during production.

Due to increased consumer and government awareness of single-use plastic bags' negative environmental effects, the consumption of these products have decreased considerably. SkyQuest's analysis of the shopping bag industry reveals that the market for reusable bags is currently undervalued and that there is tremendous room for expansion. Nevertheless, the market for reusable shopping bags is expanding. While sales of single-use bags are anticipated to drop at a compound annual rate of 5%, the market for reusable bags is anticipated to expand at a compound annual rate of 9% between 2022 and 2028. Companies that are successful in gaining market share in the reusable bag sector will benefit greatly from this.

Credit: Eco Friendly Habit

The reason why Reusable shopping bags are well-liked in the global market for shopping bag

Reusable shopping bags are made from a variety of materials, including cloth, nylon, and polyester. They come in a variety of sizes and shapes, and can be used for a variety of purposes, including grocery shopping, carrying books, or storing items. One of the most noticeable trends is the transition away from plastic bags and toward more environmentally friendly solutions like paper bags or reusable fabric bags. This is being driven by both retailers and consumers who are becoming more aware of the environmental impact of plastic bags.

There is another trend towards more personalized shopping bags. Customers who want their purchases to reflect their style and personalities are driving this trend, as are businesses in the global market for shopping bags who want to offer a more distinctive customer experience.

Credit: Supermarket News

Browse summary of the report and Complete Table of Contents (ToC):

https://skyquestt.com/report/shopping-bag-market

SkyQuest discovered that buyers are growing more aware of the environmental impact of their decisions and are increasingly looking for reusable bags in its annual survey of shopping bags and consumer behavior. 43% of respondents, up from 40% last year, said they always or usually buy reusable bags, according to a study of the global market for shopping bags. The most common response when asked what would encourage people to use reusable bags more frequently was "to help the environment." Other decisions made by shoppers in the Gartner poll also showed an environmental concern. For instance, 41% of respondents stated they would be ready to pay more for "eco-friendly" products, and nearly 50% claimed they had purchased such items in the previous year.

When it comes to reusing shopping bags, it was found that shoppers are most likely to reuse bags from grocery stores (67%), followed by department stores (47%) and clothing stores (46%) in the global shopping bag market. The survey also found that shoppers are more likely to reuse bags if they receive a discount for doing so (63%) or if the store offers a loyalty program (56%).

In terms of what would cause them to stop using reusable shopping bags, the most popular response was "if the store stopped offering them" (cited by 73%), followed by "if they became too expensive" (cited by 41%). Other reasons included "if I forgot to bring them with me" (cited by 39%), and "if they became inconvenient to use" (cited by 38%).

In fact, from 35% in 2018 to 23% in 2022, fewer respondents in the market for shopping bags indicated they always or frequently use disposable bags. Reusable bags are advantageous for both the environment and wallets. Reusable bags typically cost $0.50, whereas disposable bags typically cost $0.19. This can result in considerable savings over the course of a year.

Source: Yahoo!Finance

TLPPACKAGING FOR SHOPPING BAGS