North America Retail Bags Market Share

Market Share of North America Retail Bags Industry

The North American US retail bags market is highly fragmented with the size is currently growing. Changing policies regarding the use of plastics and paper are driving the market. With the growing demand for retail bags, high competition is due to low entry barriers. Large packaging companies in the market pose a threat to small vendors in the retail bags market. The market comprises small and some principal players such as Mondi Group PLC, El Dorado Packaging, Inc., Novolex Holdings Inc., and Smurfit Kappa Group PLC.

• April 2022 - Kari-Out Company, manufacturer, importer, and nationwide distributor of paper, and recyclable food container ingredients in the restaurant takeout industry, announced that it acquired Paper Bags USA, based in New Brunswick, NJ. With more states across the United States banning single-use plastic bags, the need for paper shopping bags continues to grow. In fact, the state of New Jersey announced to implement one of the strictest bans in the nation starting from May 4, 2022.
• April 2022 - TricorBraun announced an agreement to acquire PBFY, flexible packaging distributors in North America, from retail and promotional packaging supplier Pacific Western Sales (PWS). The acquisition expands TricorBraun's flexible packaging division, TricorBraun Flex.
• February 2022 - ProAmpac, and material science, announced that it acquired Belle-Pak Packaging, a manufacturer of flexible packaging products. ProAmpac is looking to expand its presence in Canada with the addition of Belle-Pak and extends its reach in healthcare, high-growth e-commerce, and logistics end markets.

North America Retail Bags Market Leaders

1. NovolexHoldings Inc

2. Smurfit Kappa Group PLC

3. Mondi Group PLC

4. el dorado packaging inc (ProAmpac)

5. International Paper company

*Disclaimer: Major Players sorted in no particular order