Global Trash Bags Market - Industry Trends and Forecast to 2031
The global trash bags market is expected to reach USD 19,474,028.32 thousand by 2031 from USD 12,209,299.32 thousand in 2023, growing at a CAGR of 6.0% during the forecast period of 2024 to 2031.
Market Segmentation: Global Trash Bags Market, By Type (Drawstring Trash Bags, Flat Trash Bags, Zipper Bags, Star Sealed Trash Bags, T-Shirt Trash Bags, Flat Star Sealed Trash Bags, and Others), Material (Low Density Polyethylene, High Density Polyethylene, Linear Low Density Polyethylene, Bio-Degradable Polyethylene, and Others), Capacity (10-25 Kg, 25-50 Kg, 50-75 Kg, 75-100 Kg, 100-150 Kg, More than 150Kg), End-User (Industries, Corporate Offices, Hospitals, Residential, Institutions, Laboratories, Others), Category (Non-Biodegradable, Biodegradable), Distribution Channel (Indirect Sales, Direct Sales), Country ( U.S., Canada, Mexico, Germany, U.K., France, Italy, Russia, Spain, Belgium, Switzerland, Netherlands, Turkey, Rest of Europe, China, Japan, India, South Korea, Australia, Singapore, Malaysia, Indonesia, Thailand, New Zealand, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, U.A.E, Saudi Arabia, South Africa, Egypt, Rest of Middle East and Africa) - Industry Trends and Forecast to 2031
Overview of Global Trash Bags Market Dynamics:
Drivers
• Rising importance and awareness regarding waste management
• Technological advancements in trash bags industry
• Stringent waste management regulations across various regions
• Rise in demand for premium trash bags
Restrains
• Fluctuations in raw material prices
• Increasing availability and adoption of alternative waste management solutions
Opportunities
• Demand for biodegradable solution leads to adoption of compostable trash bags
• Rising investments in product innovation and differentiation
• Growth of e-commerce platforms and online retailing
Challenges
• Inadequate waste management infrastructure
• Lack of consumer awareness and education regarding application of trash bags
Market Players:
The key market players operating in the global trash bags market are listed below:
• Berry Global Inc.
• The Clorox Company
• Reynolds Consumer Products
• Novolex
• Poly-America, L.P.
• Cosmoplast UAE
• Inteplast Group
• Polykar Industries Inc.
• Aluf Plastics
• Dumil
• OX Plastics
• BioBag International AS.
• Alpha Omega Plastic Manufacturing L.L.C.
• NOVPLASTA CZ, s.r.o.
• Universal Plastic Bags
• NaturTrust
• Mapco Plastics
• International Plastics Inc.
• TERDEX GmbH
• Four Star Plastics
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