Tote Bags Market Size in 2022, Increasing demand, Growth strategies, Forecast to 2028

Tote bag is a large and often unfastened bag with parallel handles that emerge from the sides of its pouch. They are often used as reusable shopping bags.Report OverviewDue to the COVID-19 pandemic and Russia-Ukraine War Influence, the global market for Tote Bags estimated at USD 23760 million in the year 2022, is projected to reach a revised size of USD 32300 million by 2028, growing at a CAGR of 5.3% during the forecast period 2022-2028.The USA market for Tote Bags is estimated to increase from USD million in 2022 to reach USD million by 2028, at a CAGR of percent during the forecast period of 2023 through 2028.The China market for Tote Bags is estimated to increase from USD million in 2022 to reach USD million by 2028, at a CAGR of percent during the forecast period of 2023 through 2028.The Europe market for Tote Bags is estimated to increase from USD million in 2022 to reach USD million by 2028, at a CAGR of percent during the forecast period of 2023 through 2028.The global key manufacturers of Tote Bags include Gucci, Louis Vuitton, TUMI, BAGGU, CHARLES & KEITH, Tory Burch, Michael Kors, Western Textile and Trevor Owen, etc. In 2021, the global top five players had a share approximately percent in terms of revenue.