Technavio Reports Expected Growth in Tote Market

Graphic courtesy of Technavio

Technavio recently reported that the tote bags market and it is poised to grow by $5.74 billion during 2019 through 2023, progressing at a CAGR of 5% during the forecast period.

This growth reflects a need for reusable bags as many cities and states begin to ban plastic bags. The plastic bag ban begins in New York next week, on March 1.

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