Global Trash Bags Market By Type (Star Sealed, Drawstring, Wavetop, C-fold, Flat Seal, Gusset Seal), Material (High Density Polyethylene, Low Density Polyethylene, Linear Low Density Polyethylene, Bio-Degradable Polyethylene, Other), Size(Small Size, Medium Size, Large Size), Application (Retail, Institutional, Industrial), Geography (North America, South America, Europe, Asia-Pacific, Middle East and Africa) – Industry Trends and Forecast to 2026
Market Analysis: Global Trash Bags Market
Global trash bags market is expected to register substantial CAGR of 6.3% in the forecast period of 2019-2026. The upcoming market report contains data for historic year is 2017 the base year of calculation is 2018. The high growth of this market is due to the expanding power generation infrastructure in countries including India, China coupled with growing need for energy efficient utilities.
Definition: Global Trash Bags Market
A garbage bag is a material that is used for garbage collection, disposal and processing. Depending on their end-use these pockets are accessible in a multitude of dimensions. They have a broad variety of applications, including schools, homes, departments, restaurants, sectors, stores and clinics among others. Garbage bags are low cost, hygienic, lightweight, durable, portable, offer air & water resistance, satisfy FDA and USDA requirements and can be reused. These bags are available in a multitude of colors like black, pink and green among others.
Market Drivers:
- Rapid urbanization in emerging markets can increase the adoption of trash bags which will boost the market growth
- Increasing disposable income is driving the growth if the market
- Cost effectiveness of trash bags is propelling the market in the forecast period
- High durability and storage capacities of trash bags can drive the market growth
Market Restraints:
- High cost of production may limit the market in the forecast period
- High Tax and bans on the consumption of plastic bags will hinder the growth of the market
- Strict environment policies over the use of plastic bags is hampering the market growth
Segmentation: Global Trash Bags Market
By Type
- Star Sealed
- Drawstring
- Wavetop
- C-fold
- Flat Seal
- Gusset Seal
By Material
- High Density Polyethylene,
- Low Density Polyethylene
- Linear Low Density Polyethylene
- Bio-Degradable Polyethylene
- Other
By Size
- Large Size
- Medium Size
- Small Size
By Application
- Retail
- Institutional
- Industrial
By Geography
- North America
- U.S.
- Canada
- Mexico
- South America
- Brazil
- Argentina
- Rest of South America
- Europe
- Germany
- France
- United Kingdom
- Poland
- Denmark
- Sweden
- Italy
- Spain
- Russia
- Turkey
- Belgium
- Netherlands
- Switzerland
- Rest of Europe
- Asia-Pacific
- Japan
- China
- South Korea
- India
- Australia
- New Zealand
- Vietnam
- Singapore
- Malaysia
- Indonesia
- Thailand
- Philippines
- Rest of Asia-Pacific
- Middle East and Africa
- South Africa
- Oman
- Qatar
- Kuwait
- Saudi Arabia
- United Arab Emirates
- Rest of Middle East and Africa
Key Developments in the Market:
- In February 2018, Delta Plastics has acquired California plastic bag company. The main aim of this acquisition is to expand their product portfolio as California has an abundance of plastic scrap that can be recycled and bringing a revolution in the trash bags market
- In April 2016, Novolex, a leader in packaging and sustainability in North America acquired Heritage Bag Company, a manufacturer of plastic trash bags. The main aim of this acquisition is to expand their product portfolio along with providing quality products and outstanding service to their customers
Competitive Analysis:
Global trash bags market is highly fragmented and the major players have used various strategies such as new product launches, expansions, agreements, joint ventures, partnerships, acquisitions, and others to increase their footprints in this market. The report includes market shares of trash bags market for Global, Europe, North America, Asia-Pacific, South America and Middle East & Africa.
Key Market Competitors:
Few of the major competitors currently working in global trash bags market are Allied ProPack Private Limited, Berry Global Inc, The Clorox Company, Harwal Group Of Companies, CleanItSupply Products., International Plastics Inc, Kemii garbage bag manufacturers, Thomas Publishing Company, Novplasta, s.r.o., Terdex Gmbh, Cosmoplast, Poly-America, L.P, Four Star Plastics, Smartech Global Solutions Ltd, The Glad Products Company, Poly Bag Central, Plasticplace and PackIt LLC among others
Research Methodology: Global Trash Bags Market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, other data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Key Insights in the report:
- Complete and distinct analysis of the market drivers and restraints
- Key market players involved in this industry
- Detailed analysis of the market segmentation
- Competitive analysis of the key players involved
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