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The global trash bags market size reached US$ 11.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 17.6 Billion by 2028, exhibiting a growth rate (CAGR) of 7.32% during 2023-2028.
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Trash Bags Market Report 2023 By Type, Material, Size, Distribution Channel and End- User Key Regions and Competitive Landscape www.imarcgroup.com Sales@imarcgroup.com +1-631-791-1145 Author: Elena Anderson, Marketing Manager | Copyright © IMARC Service Pvt Ltd. All Rights Reserved IMARC Group © 2019 IMARC All Rights Reserved
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Report Description and Highlights Report Description Global Trash Bags Market Outlook 2023-2028: The global trash bags market size reached US$ 11.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 17.6 Billion by 2028, exhibiting a growth rate (CAGR) of 7.32% during 2023-2028. Trash bags, also known as garbage bags, are plastic bags used for disposing of waste such as medical, toilet, industrial, commercial, and food scraps from homes and eateries. Some commonly known polyethylene resins used for producing trash bags include low-density polyethylene (LDPE) resins, linear low-density polyethylene (LLDPE) resins, high-density polyethylene (HDPE) resins, and bio- degradable polyethylene. They are produced from polyethylene (PE), a petroleum-based resin preferred due to its excellent strength, lightweight, flexibility, durability, cost-effectiveness, convenience, tear, chemical, and moisture-resistant properties. As a result, trash bags find extensive applications in the industrial, commercial, and residential sectors across the globe.
Report Description and Highlights Report Description Global Trash Bags Market Trends: The market is primarily driven by the increasing population, rapid urbanization, and rising waste generation. In addition, the growing consciousness regarding hygiene and cleanliness of the environment among individuals is contributing to the market growth. Moreover, the widespread adoption of oxo-biodegradable trash bags and sustainable products among individuals and across the pharmaceuticals and food and beverage (F&B) industries represents another major growth-inducing factor. Besides this, governments and regulatory bodies of various countries are encouraging the use of trash bags to eliminate the risk of diseases or infections, thereby providing a positive thrust to market growth. Furthermore, the escalating demand for waterproof trash bags in the automotive sector and strategic partnerships, extensive research and development (R&D) activities, and mergers and acquisitions (M&A) among key players are also creating a favorable market outlook. Request for a free sample report: https://www.imarcgroup.com/trash-bags-market/requestsample
Report Description Report Description and Highlights Market Summary: Breakup by Type: • • • Drawstring Bags Star Sealed Bags Others Breakup by Material: • • • • • High-Density Polyethylene Low-Density Polyethylene Linear Low-Density Polyethylene Bio-Degradable Polyethylene Others
Report Description Report Description and Highlights Breakup by End User: • • • Residential Commercial Industrial Breakup by Distribution Channel: • • • • • Supermarkets and Hypermarkets Convenience Stores Specialty Stores Online Stores Others
Report Description Report Description and Highlights Breakup by Size: • • • 3 to 13 Gallons 13 to 50 Gallons Above 50 Gallons Breakup by Region: • • • • • North America Europe Asia Pacific Middle East and Africa Latin America On account of the aforementioned factors, the market is anticipated to witness strong growth during 2023-2028.
Report Description Report Description and Highlights Competitive Landscape With Key player: • • • • • • • • • • • • • Berry Global Inc. Cosmoplast Industrial Company Four Star Plastics Inteplast Group Corporation International Plastics Inc. Luban Packing LLC Mapco (Pvt) Ltd. Novolex NOVPLASTA CZ s.r.o. Poly-America L.P. Reynolds Consumer Products The Clorox Company Universal Plastic Bags View Report TOC, Figures and Tables: https://www.imarcgroup.com/trash-bags-market
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