Global Trash Bags Market Report and Forecast 2024-2032

Global Trash Bags Market Size

The global trash bags market value is expected to grow from USD 12.30 billion in 2023 to USD 19.16 billion by 2032 at a CAGR of 5.0% over the forecast period of 2024-2032.

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Global Trash Bags Market Growth

The trash bags market growth is driven by greater hygiene awareness and rising disposable income. Developed nations exhibit higher trash bag usage compared to emerging markets, largely due to their higher disposable incomes and improved living standards.

Global Trash Bags Industry Outlook

World Bank indicates notable increases in waste generation per capita across various regions from 2020 to 2050, measured in kilograms per capita per day (kg/capita/day). Significant rises are particularly noted in East Asia and the Pacific, the Middle East and North Africa, and North America, thus enhancing the growth of the trash bags market.

The trash bags market dynamics and trends are influenced by population growth, urbanization, and governmental efforts such as India's Swachh Bharat Abhiyan. These factors have increased the demand for effective waste management. In South Asia, waste generation is expected to grow from 0.34 kg/capita/day in 2020 to 0.67 kg/capita/day by 2050. Similarly, Sub-Saharan Africa is projected to see an increase from 0.46 kg/capita/day in 2020 to 0.72 kg/capita/day by 2050.

East Asia and the Pacific are anticipated to experience substantial growth, with waste generation rising from 0.79 kg/capita/day in 2020 to 1.45 kg/capita/day by 2050. The Middle East and North Africa are expected to see waste generation increase from 0.81 kg/capita/day in 2020 to 1.43 kg/capita/day by 2050.

According to the World Bank, there is expected to be a significant rise in total waste production among different income brackets from 2020 to 2050. For low-income groups, waste generation is projected to increase from 104 million tonnes in 2020 to 307 million tonnes by 2050. Similarly, lower-middle-income groups are anticipated to experience a substantial surge, from 546 million tonnes in 2020 to 1270 million tonnes by 2050.

Upper-middle-income groups are anticipated to grow from 886 million tonnes in 2020 to 1,466 million tonnes by 2050. High-income groups are expected to see a moderate rise, from 707 million tonnes in 2020 to 834 million tonnes by 2050. These trends highlight the need for targeted waste management strategies, particularly in rapidly developing regions, indicating a growing opportunity to increase the trash bags industry revenue.

Leading firms like Berry Global Inc., The Clorox Company, and Inteplast Group have established robust brand identities and customer loyalty, solidifying their market leadership.

• Ongoing investment in innovative product development and sustainability initiatives enables companies to meet regulatory standards and cater to growing consumer demand for eco-friendly options, thus boosting the trash bags market revenue.

• Comprehensive global distribution networks facilitate widespread market access and efficient customer reach, enhancing competitive advantage.

Criticism surrounding the environmental impact of plastic waste poses reputational risks and drives regulatory scrutiny, challenging market perception.

• Developing sustainable and innovative products often involves elevated production expenses, potentially impacting profitability.

• Intense rivalry within the industry can trigger price competition, squeezing profit margins and imposing barriers for smaller market players.

Growing consumer awareness of environmental issues creates opportunities to innovate and market biodegradable and recyclable trash bags.

• Trash bags market opportunities are driven by increasing urbanization and disposable incomes in emerging economies.

• Advances in manufacturing technologies can streamline production processes, reduce costs, and foster the development of high-performance, eco-friendly products.

Heightened governmental regulations on plastic usage globally pose significant challenges to production and sales strategies.

• Fluctuations in prices of key raw materials, such as polyethylene, can disrupt production economics and profitability.

• Growing adoption of alternative waste management solutions, like composting and waste-to-energy technologies, presents a competitive threat to traditional trash bag markets.

Market Competition in the Global Trash Bags Market

The trash bags market is fiercely competitive, with key players like Berry Global Inc., The Clorox Company, and Inteplast Group leading the industry through innovative product development, sustainability efforts, and strategic expansions. These companies consistently invest in technology, sustainability efforts, and customer-focused strategies to retain their market leadership and address the changing demands of consumers globally.

Key Players in the Global Trash Bags Market and their Key Initiatives

Berry Global Inc.

• Continuously expands product portfolio through strategic acquisitions. 

• Invests in advanced manufacturing technologies for enhanced production capabilities. 

• Strengthens its position through robust distribution networks to meet the trash bag market demand.

The Clorox Company:

• Innovates with eco-friendly trash bags made from recycled materials under the Glad brand.

• Implements strong marketing campaigns to promote sustainable products. 

• Enhances product differentiation to cater to diverse consumer preferences.

Inteplast Group:

• Focuses on operational efficiency and cost-effectiveness in manufacturing.

• The company invests in R&D to improve product performance and sustainability to capture the trash bags market opportunities. 

• Expand market reach through strategic partnerships and acquisitions.

International Plastics Inc.:

• Differentiates through customization and superior customer service. 

• Expand e-commerce capabilities to reach a broader consumer base. 

• Innovates with new product developments tailored to industry-specific needs.

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Global Trash Bags Industry Segmentation

“Global Trash Bags Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:

Market Breakup by Material

• High Density Polyethylene (HDPE)

• Low Density Polyethylene (LDPE)

• Linear Low-Density Polyethylene (LLDPE)

• Bio-Degradable Polyethylene

• Others

Market Breakup by Size

• 3 to <13 Gallons

• Greater Than 13 to Less Than 50 Gallons

• Above 50 Gallons

Market Breakup by Type

• Drawstring Bags

• Star Sealed Bags

Market Breakup by End-Use

• Retail

• Institutional

• Industrial

Market Breakup by Region

• North America

• Europe

• Asia Pacific

• Latin America

• Middle East and Africa

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Trash Bags Market Share

The trash bag consumption is rising globally and can be attributed to the rising population, resulting in increased waste generation. Increasing disposable income and rising awareness regarding hygiene, particularly in developing nations, have resulted in the growing trash bags market demand. Star sealed segment is considered environmentally friendly as it is composed of recycled plastics and can reduce plastic waste by 25%. Their unique design structure helps to prevent leaks, messes, and spills and is compatible with all sizes of trash cans. The design structure of these bags allows both dry and wet waste to be held in them. In addition, star-sealed trash bags have a high capacity to carry waste, maintain equal weight distribution, and are user-friendly.

The star-sealed segment is predicted to account for the largest trash bags industry share and is expected to grow rapidly during the forecast period. The lack of government support and taxes and bans on the consumption of plastic bags are some major constraints that may hamper the trash bags industry growth.

Leading Companies in the Trash Bags Market

The companies are providers of diverse packaging and engineered materials. They specialise in producing plastic packaging, nonwoven speciality materials, and engineered products for industries such as food and beverage, healthcare, personal care, and industrial sectors.

• Berry Global Inc.

• The Clorox Company

• Inteplast Group

• International Plastics Inc.

• Cosmoplast Ind. Co.(L.L.C.)

• NOVPLASTA CZ, s.r.o.

• BioBag International AS

Key Highlights of the Report

Trash Bags Market Report Snapshots

Trash Bags Market Size

Trash Bags Market Growth

Trash Bags Market Share

Trash Bags Companies