ASEAN Trash Bags Market- Industry Trends and Forecast to 2030
ASEAN Trash Bags Market is expected to reach USD 1,133,103.30 thousand by 2030, from USD 869,308.56 thousand in 2022, growing at a CAGR of 3.4% during the forecast period of 2023 to 2030.
Market SegmentationASEAN Trash Bags Market, By Material (Low Density Polyethylene, High Density Polyethylene, Linear Low Density Polyethylene, and Others), Product (Recyclable Trash Bags and Non-Recyclable Trash Bags), Capacity (25-50 Kg, 10-25 Kg, 50-75 Kg, 75-100 Kg, 100-150 Kg, and More Than 150 Kg), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, E-Commerce, and Others), Country (Indonesia, Thailand, Vietnam, Philippines, Malaysia, Singapore, Myanmar, Cambodia, Laos, Brunei) - Industry Trends and Forecast to 2030
Overview of ASEAN Trash Bags Market Dynamics
Drivers
• Rapid urbanization and population expansion
• Growing retail and e-commerce industries
Restraints
• Stringent regulations by government
• Intense competition among the market players
Opportunitites
• Continuous product innovation
• Retail collaboration among manufacturers
Market PlayersSome of the major market players operating in the ASEAN trash bags market are:• The Clorox Company
• TPBI Public Company Limited
• THANTAWAN INDUSTRY PLC.
• Lean Lee Trading Co. Sdn.Bhd.
• Abiba Plastic Sdn Bhd
• Award Packaging Industries Sdn Bhd
• NARAIPAK CO., LTD.
• Teong Chuan Plastic (M) Sdn Bhd
• King Pac Industrial Co.,Ltd.
• PT. Indojaya Plasindo Makmur
• PT. Sanipak Indonesia, LTD.
• Vn Plastic Co., Ltd
• Ecolex
• Vietnam Packing
• Sahachit Watana Plastic Industry Co.,Ltd
• Pikulthong Plastic Co.,Ltd.
• Cyclepoly Sdn Bhd
• Urban Plastic
• PT. KEMILAU INDAH PERMANA
• Robton Industries Inc.
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