The global fruits and vegetable bag industry share is estimated to be US$ 1,545.37 million in 2024. The market is expected to grow at a CAGR of 4.70% through 2034 and reach a valuation of US$ 2,446.2 million by 2034.
Sales of fruits and vegetable bags are heavily reliant on the demand from the HORECA sector. A rapid increase in the consumption of outside food due to a surge in dual-income households and growing interest in diverse cuisines is backing the segment’s growth.
Increasing demand for eco-friendly grocery bags, along with the manufacture of compostable and biodegradable fruits and vegetable bags, is steering the market toward a sustainable future.
Top Trends in Fruits and Vegetable Bag Market
· An emerging shift has been detected among consumers as they show an inclination for sustainable solutions over traditional plastic bags. This is fuelling the adoption of paper bags and bioplastic bags as eco-friendly options.
· Rampant demand for food from restaurants has accelerated the growth in food service outlets, driving the demand for fruits, vegetables, and groceries. Thus, food service outlets are catapulting sales of fruits and vegetable bags.
· The availability of top-quality vegetable bags in multiple sizes, ranging from small to extra-large, is favouring the market’s growth.
Country-wise Insights
Growing HORECA Industry Driving Demand for Fruits and Vegetable Bags in the United States
The North American fruits and vegetable bag market is expected to acquire a stake of 25.10% in the global market in 2024. The United States fruits and vegetable bag market is expected to expand at a CAGR of 3.90% through 2034. Mentioned below are the leading factors that are catalysing sales in the country.
· The explosive growth of the HORECA sector is augmenting the sales of fruits and vegetable bags.
· Burgeoning demand for these bags in different dimensions by the household segment.
· Growing concerns over the use of plastics due to their detrimental environmental impacts are stimulating the demand for eco-friendly fruits and vegetable bags.
Increasing Demand for Bags Made of Compostable Bioplastics in Germany
The European fruits and vegetable bag market is predicted to obtain a share of 29.40% of the global market. Within Europe, Germany and the United Kingdom are expected to expand at CAGRs of 4.30% and 3.50% through 2034. Given below are the top factors driving the market in Germany?
· Increasing preference for compostable bioplastics over fossil plastic, which are reusable and reduce environmental impacts.
· Companies are taking strategic actions to develop bags that can avoid food spoilage, thus impacting the fruits and vegetable bag industry positively. For instance, Lidl has introduced the Rescue Bag throughout Germany. With these rescue bags, the company is creating a building block for its sustainability strategy.
Growing Consumer Preferences for Heavy-duty Vegetable Bags in India
The fruit and vegetable bag market demand in India is predicted to register a CAGR of 6.50% through 2034. The significant market growth rate in the country can be linked to the ever-increasing population that drives demand for fruits and vegetables. Given below are the salient factors propelling the market forward?
There is a growing trend toward heavy-duty vegetable bags as an easy and convenient substitute for single-use plastic carry bags.
A large population of consumers in India still rely on disposable plastic material to carry fruits and vegetables.
Increasing Use of Eco-friendly Fruits and Vegetable Bags in Japan
The Japan fruits and vegetable bag market is anticipated to expand at a CAGR of 6% through 2034. A significant factor that is expected to contribute to product sales over the forecast period is the gradual consumer shift toward eco-friendly solutions. The eco-friendly bags can be used for carrying and transporting fruits and vegetables securely on the grocery run.
Healthy Growth in Australia to Attract Fruits and Vegetable Bag Suppliers
The demand for fruits and vegetable bags in Australia is rising at a CAGR of 5.40% through 2034. Given below are the growth-inducing factors in the country:
· The increasing popularity of convenience foods is indirectly stimulating sales of fruits and vegetable bags in the country.
· As these bags offer a convenient method to store and transport fruits and vegetables, their demand is predicted to increase throughout the forecast period.
Competitive Landscape in the Market
Key providers of fruit and vegetable bags are heavily investing in research, innovation, and development activities to discover eco-friendly bag options that are fit for practical use and help in reducing environmental impacts. Emphasizing the use of technology, market players are manufacturing bags, keeping in focus the quality, safety, and customer satisfaction to instigate customer attraction. Additionally, leading players are implementing strategies like mergers, acquisitions, and partnerships to invigorate their hold in the market.
Recent Developments in the Fruits and Vegetable Bags Market
· In June 2023, it was announced that Fruit World, a fruit and vegetable shop in Auckland, New Zealand, has been preparing for the phase-out of hard-to-recycle, single-use plastic and widely adopted paper bags.
· In August 2023, Woolworths, a retail giant in Australia, announced that it had removed single-use plastic fruit and vegetable bags from the selected stores. In its stead, the supermarket is testing out different bagging options, such as reusable bags and brown paper bags, that are up for sale in the stores.
These insights are based on a report by Ismail Sutaria Surface Protection Films Market by Future Market Insights.