Press Release

Apr, 08 2024

Rising Importance and Awareness Regarding Waste Management is Expected to Drive the Growth of Global Trash Bags Market

Trash bags, also known as garbage bags or refuse sacks, are large, flexible bags primarily used for containing and disposing of waste materials. Typically made from durable plastic materials like polyethylene, these bags are designed to securely hold various types of trash, including household, industrial, or commercial waste. They come in various sizes, thicknesses, and colors to accommodate different types and volumes of garbage. Trash bags often feature drawstrings, tie flaps, or twist ties to facilitate easy closure and transportation. They are an essential tool for maintaining cleanliness and sanitation in homes, workplaces, and public areas by providing a convenient means of waste disposal.

Access Full Report @ https://www.databridgemarketresearch.com/reports/global-trash-bags-market

Data Bridge Market Research analyses that the Global Trash Bags Market is expected to reach USD 19.47 billion by 2031 from USD 12.21 billion in 2023, growing with a substantial CAGR of 6.0% in the forecast period of 2024 to 2031.        

Key Findings of the Study

Trash Bags Market

Stringent Waste Management Regulations Across Various Regions 

Waste management laws govern the transport, treatment, storage, and disposal of all manner of waste, including municipal solid waste, hazardous waste, and nuclear waste, among many other types. Waste laws are designed to minimize or eliminate the uncontrolled dispersal of waste materials into the environment in a manner that may cause ecological or biological harm, and include laws designed to reduce the generation of waste and promote or mandate waste recycling. Regulatory efforts include identifying and categorizing waste types and mandating transport, treatment, storage, and disposal practices. Governments across the globe are enacting stringent waste management regulations to address plastic pollution and promote sustainable waste management practices.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2061-2021)

Quantitative Units

Revenue in USD Billion and Volume in Kilo Tons  

Segments Covered

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)        

Countries Covered

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, and Rest of Middle East and Africa 

Market Players Covered

Berry Global Inc. (U.S.), The Clorox Company (U.S.), Reynolds Consumer Products (U.S.), Novolex (U.S.), Poly-AmericaL.P. (U.S.), Cosmoplast UAE (U.A.E.), Inteplast Group (U.S.), Polykar Industries Inc. (Canada), Aluf Plastics (U.S.), Dumil (Netherlands), OX Plastics (U.S.), BioBag International AS. (Norway), Alpha Omega Plastic Manufacturing L.L.C. (U.A.E), NOVPLASTA CZ, s.r.o. (Czech republic), Universal Plastic Bags(U.S.), NaturTrust(India), Mapco Plastics(U.S.), International Plastics Inc. (U.S.), TERDEX GmbH (Germany), and Four Star Plastics(U.S.) among others

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand

Segment Analysis

The global trash bags market is segmented into six notable segments based on type, material, capacity, end-user, category and distribution channel.

  • On the basis of type, the market is segmented into drawstring trash bags, flat trash bags, zipper bags, star sealed trash bags, t-shirt trash bags, flat star sealed trash bags, and others     

In 2024, the drawstring trash bags segment is expected to dominate the global trash bags market

In 2024, the drawstring trash bags segment is expected to dominate the market with a market share of 35.43% due to as the trash bags made from low-density polyethylene are durable, lightweight, and resistant to tears, making them ideal for a wide range of applications.

In 2024, the low density polyethylene segment is expected to dominate the global trash bags market

In 2024, the low density polyethylene segment is expected to dominate the market with a market share of 47.55%. due to the trash bags made from low-density polyethylene are durable, lightweight, and resistant to tears, making them ideal for a wide range of applications.

  • On the basis of capacity, the market is segmented into 10-25 Kg, 25-50 Kg, 50-75 Kg, 75-100 Kg, 100-150 Kg, and More than 150kg. In 2024, the 10-25 Kg segment is expected to dominate the market with a market share of 44.70%
  • On the basis of end-user, the market is segmented into industries, corporate offices, hospitals, residential, institutions, laboratories and others. In 2024, the industries segment is expected to dominate the market with a market share of 36.29%
  • On the basis of category, the market is segmented into non-biodegradable and biodegradable. In 2024, the non-biodegradable segment is expected to dominate the market with a market share of 76.36%
  • On the basis of distribution channel the market is segmented into indirect sales and direct sales. In 2024, the indirect sales segment is expected to dominate the market with a market share of 72.32%

Major Players

Berry Global Inc. (U.S.), The Clorox Company (U.S.), Reynolds Consumer Products (U.S.), Novolex (U.S.), Poly-America, L.P. (U.S.) as major market players in this market.

Trash Bags Market

Recent Developments

  • In March 2024, Reynolds Consumer Products announced that Hefty Ultra Strong Fabuloso Scented tall kitchen trash bags have been recognized as one of the 2022 New Product Pacesetters of 2022. The 28th annual report, published by Circana, reveals the top new product launches across the food, beverage and non-food industries. It will attract customer base for the company and will eventually add in the revenue
  • In March 2024, Inteplast Group received ISCC (International Sustainability & Carbon Certification) PLUS certification at the following facilities: Gray Court, SC; Lolita, TX; and Morristown, TN. Inteplast BOPP Films now will be able to produce and supply ISCC-certified materials that are attributed via a mass balance approach. This makes the company one of the first BOPP film manufacturers to hold the ISCC PLUS designation in North America
  • In August 2023, Reynolds Consumer Products brought back limited-edition Hefty Cinnamon Pumpkin Spice Ultra Strong trash bags. Hefty unveiled these trash bags in 2022 as a limited-edition way to bring the joy of pumpkin spice to trash bins everywhere. Pumpkin lovers jumped at the chance to give their homes the fall upgrade they never knew they needed. It enhanced the product portfolio of the company
  • In May2023, Reynolds Consumer Products launched Hefty Ultra Strong with Fabuloso Lemon Scent. It is a fresh, vibrant expansion of the Fabuloso scents. They are now available online and in store at select retailers. It enhanced the product portfolio of the company and gave a new option to the fragrance lover consumers
  • In October 2022, Inteplast Group made significant investments in enhancing its InteGreen range of environmentally friendly films. These enhancements encompass the introduction of new mailer bag films crafted with as much as 80% recycled material, along with films featuring low- and ultra-low seal initiation temperatures (SIT)

Regional Analysis

Geographically, the regions covered in the global trash bags market are 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, and rest of Middle East and Africa. 

As per Data Bridge Market Research analysis:

Asia-Pacific is expected to be the dominant and fastest growing region in global trash bags market 

Asia-pacific is expected to dominate and fastest growing region in market due to Rising importance and awareness regarding waste management.

For more detailed information about the global trash bags market report, click here – https://www.databridgemarketresearch.com/reports/global-trash-bags-market


Client Testimonials