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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
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.
Trash Bags Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 12.30 billion.
The market is estimated to grow at a CAGR of 5.0% between 2024 and 2032.
The growth of the market is driven by the rising population, growing disposable income, high living standards, and increasing hygiene awareness.
The growing use of star sealed garbage bags, which are environmentally sustainable, is a key trend aiding the growth of the market.
The market is broken down into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
The market is categorised according to the material, which includes High-density polyethylene (HDPE), low-density polyethylene (LDPE), linear low-density polyethylene (LLDPE), and bio-degradable polyethylene, among others.
The various types of sizes available in the market are 3 to <13 gallons, greater than 13 to less than 50 gallons, and above 50 gallons.
Based on the type, the market is divided into drawstring bags and star-sealed bags.
Based on the end use, the market is divided into retail, institutional and industrial sectors.
The market’s key players are Berry Global Inc., The Clorox Company, Inteplast Group, International Plastics Inc., Cosmoplast Ind. Co.(L.L.C.), NOVPLASTA CZ, s.r.o., and BioBag International AS among others.
The market is estimated to witness healthy growth during 2024-2032 to reach around USD 19.16 billion by 2032.
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