US Trash Bags Market
ID: MRFR/PNT/12237-US | 100 Pages | Author: MRFR Research Team| December 2023
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People who care more about health and keeping their surroundings clean may start using trash bags more over the next few years. Cities are getting bigger quickly, which means more trash. Over the next few years, more trash bags may be worn. Additionally, it was expected that the amount of trash created each year would increase by 70% from 2016 levels to 3.40 billion tons in 2050. The trash bag market will grow over the next few years because of things like these.
Prices are going up and down for both buyers and sellers because it's hard to get goods and people are getting fined for using plastic bags. Since COVID-19 spread, the costs of trash bags and building supplies have been going up and down.
As people become more concerned about the world, they learn more about things that are good for it. So, people will want oxo-biodegradable bags instead of regular plastic ones because they are clean and good for the earth. Globally, people want more oxo-biodegradable bags because the food, drink, and drug industries are all growing.
The COVID-19 virus not spreading too quickly didn't have a big effect on companies that make trash bags. Lockdowns can lead to a lack of raw ingredients for making things, a lack of workers, and price changes that could affect how the end product is made.
To cut down on the amount of plastic waste, states and related regulatory bodies are banning plastics across the whole country. This could have an effect on the trash bag market.
Researchers at the University of Georgia released a new study in March 2022 that says these rules may make people buy more plastic bags in their areas. People looking for options to single-use plastic bags buy small plastic trash bags. As an example, the study found that 8-gallon trash bag sales went up by 87% to 110% in California towns with bag laws, while 4 gallon trash bag sales went up by 55% to 75%. So, the ban on plastic bags could lead to more trash bags being bought across North America in the long run.
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