Rise of Eco-Friendly Tote Bags: Shaping the Future of Fashion and Functional Packaging
The global tote bag industry is poised for substantial growth, with an estimated market size of USD 1,084.3 million in 2024. With a projected compound annual growth rate (CAGR) of 4.9%, the market is expected to reach USD 1,756.3 million by 2034. This growth is fueled by shifting consumer preferences, regulatory pressures, and the rising popularity of tote bags as both eco-friendly alternatives and fashion statements.
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