Market Research Future (MRFR) has published on the “Global Trash Bags Market”.
The Trash Bags market is estimated to register a CAGR of 8.20% during the forecast period of 2023 to 2032.
MRFR recognizes the following companies as the key players in the global Trash Bags market— Berry Global Inc., (US), The Clorox Company, (US), Novolex, (US), Reynolds Consumer Products, (US), Inteplast Group, Ltd., (US), Poly-America, L.P., (US), International Plastics, Inc., (US), Four Star Plastics, (US), Cosmoplast Industrial Company (L.L.C.) (UAE), NOVPLASTA, s.r.o., (Czechia), Alpha Omega Plastic Manufacturing L.L.C (UAE), ALUF Plastics (US), BioBag International AS (Norway), Complete Packaging & Shipping Supplies (US), Mapco (Pvt) Ltd (Canada), Polykar Industries Inc (Canada), The Clorox Company (US), Universal Plastic Bags (US)
The global trash bags market is accounted to register a CAGR of 8.20% during the forecast period and is estimated to reach USD 24.5 Billion by 2032.
One of the main elements influencing the market is people's increasing awareness of environmental cleanliness and hygiene. Additionally, due to global population growth and rising urbanisation, garbage output is on the rise. The market is expanding as a result of this as well as several initiatives done by governments and regulatory authorities of various nations to encourage the usage of garbage bags. The market is also benefiting from people's increased interest in novel waste bag breakdown techniques and procedures. In addition, improved waste processing techniques and garbage distribution and transportation infrastructure are boosting trash bag demand globally.
The global trash bags market has been segmented into types, capacity, distribution channel, end-user.
On the basis of type, the market is segmented into drawstring trash bags, star sealed trash bags, flat star sealed trash bags, flat trash bags, T-shirt trash bags, zipper bags and others. The star sealed trash bags segment dominated the market in 2022. Stricter waste management regulations are being enforced by governments and environmental organizations, which emphasizes how important proper rubbish containment and transportation are.
Based on capacity, the global trash bags market has been segmented into 10-25 kg, 25-50 kg, 50-75 kg, 75-100 kg, 100-150 kg and more than 150kg. The 10-25 kg category generated the most income in 2022. The versatile trash bags, which weigh 10 to 25 kg, can handle a range of garbage, including common household waste, kitchen waste, workplace waste, and other non-hazardous wastes. They can be used with both dry and wet garbage.
Based on distribution channel, the global trash bags market has been segmented into supermarkets/hypermarkets, convenience stores, specialty stores, e-commerce and others. The supermarkets/hypermarkets segment dominated the market in 2022. Due to the wide variety of cleaning and laundry products that are offered in supermarkets and hypermarkets, which leads to a large consumption of garbage bags, it is projected that this sector will represent a sizeable portion of the market.
Based on end-user, the global trash bags market has been segmented into laboratories, institutions, residential, industries, hospitals, corporate offices and others. The residential segment dominated the market in 2022. Trash bags are a quick and hygienic way to collect and dispose of waste. They are essential for maintaining cleanliness and hygiene in homes because they lessen direct contact with trash, assist manage odors, halt the spread of germs, and aid in infection prevention.
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The global trash bags market, based on region, has been divided into the North America, Europe, Asia-Pacific, and Rest of the World. North America consists of US and Canada. The Europe Trash Bags market comprises of Germany, France, the UK, Italy, Spain, and the rest of Europe. The Trash Bags market in Asia-Pacific has been segmented into China, India, Japan, Australia, South Korea, and the rest of Asia-Pacific. The Rest of the World Trash Bags market comprises of Middle East, Africa, and Latin America.
The North America trash bags market is expected to grow at the fastest CAGR from 2023 to 2032. North America has a strong legal framework governing the environment, particularly in countries like the United States and Canada. These regulations encourage the use of sustainable and environmentally friendly products, such compostable or biodegradable trash bags.
Moreover, the second-largest market share for trash bags is held by Europe. European governments encourage people and businesses to adopt sustainable practices through regulation and programs, such as utilizing eco-friendly garbage bags.
Additionally, the Asia-Pacific trash bags market dominated this market in 2022 (45.80%). The purchasing power of the middle class grows in tandem with the economies of Asia and the Pacific. This economic growth is a result of people using disposable products more frequently, especially trash bags.
Furthermore, due to urbanisation and rising garbage production, the Latin American trash bag market was expanding. As consumers looked for sustainable waste management options, the demand for eco-friendly and biodegradable garbage bags increased. Refer to recent sources and industry studies for the most recent insights.
Key Findings of the Study