openPR Logo
Press release

Garbage Bag Market

The competitive landscape of the market for garbage bag market is a mildly fragmented one marked with the presence of quite a few large players, according to a report published by Future Market Insights (FMI). The key players in the European garbage bag market are Novolasta, s.r.o Senkvice, Extrapack OOD, Pack-It BV, Achaika Plastic S.A., DAGOPLAST AS, Terdex GmbH, International Plastics, MirPack TM, Plasta.It, Primax D.o.o. The key players are now focusing on research and development of garbage bags in a bid to stay ahead in the competition. These market players are also trying to expand their geographical reach through collaborations with local players.

So far as geography is considered, the market for European garbage bag has been segmented into Germany, France, Italy, Spain, U.K., Russia, and BENELUX. Belgium, Netherlands, and Luxembourg comprise BENELUX.

Owing to the high demand of garbage bags across Europe, the market is anticipated to soar registering a good CAGR during the forecast period of 2016-2026.

Request to Sample Report @ https://www.futuremarketinsights.com/reports/sample/rep-eu-3034

Demand for Biodegradable Garbage Bags to Bolster Growth

The market has been segmented into five categories, so far as material is considered. The segments are, namely Low-density polyethylene (LDPE), Liner low-density polyethylene (LLDPE), High-density polyethylene (HDPE), Polypropylene (PP) and others.

High-density polyethylene (HDPE) is characterized with high performance and extreme tensile strength and with these qualities, HDPE is forecasted to spearhead the European market for garbage bags. This segment accounted for 30% of the total revenue of the European market in 2016. During the forecast period of 2016-2026, the segment of HDPE is expected to expand at a CAGR of 5.5%.

These garbage bags have the ability to contain substantial amount of weight and are cost effective as well. Such characteristics are expected to propel the market for high-density polyethylene garbage bags. Furthermore, high-density polyethylene or HDPE bags come with biodegradable versions. Biodegradable HDPE bags are made of domestic biomass material thereby diminishing oil dependency. They are also easy to recycle and are frequently used.

Developed economies of countries like the U.K. and Germany are expected to fuel the demand for premium garbage bags. These premium garbage bags come with qualities like odour control and ability to stretch and people from the developed countries are willing to pay the extra bucks for these premium quality garbage bags. As such, the opportunity for such premium quality garbage bags are increasing.

Stringent Government Policies to Restrain the Growth of the Market

Governments of several European countries are implementing strict measure to contain the usage of plastic bags. They are imposing regulations wherein the sales of lightweight bags are getting restricted. Countries like Italy, France are applying a complete ban on HDPE plastics bags that are meant for single use. Such bans, though restraining the growth of the market for HDPE garbage bags, help to diminish the harmful effects of plastic bags on the environment, specifically the oceans, lakes, rivers, and the wildlife that inhabit in those water bodies. This is one of the major restraining factors of the European market for garbage bag.

In addition, imposition of extra charges and increased taxation by the governments of various European countries on the use of plastic garbage bags are dampening the spirit of the market players. Customers are charged extra for plastic garbage bags at various convenience and retail stores. Such government initiatives play a major role in the diminishing the usage of plastic garbage bags in Europe.

This review is as per the findings of a new report by Future Market Insights (FMI) titled, “Garbage Bag Market: Europe Industry Analysis & Opportunity Assessment, 2016-2026.”

For the study, the market has been segmented as follows:

Global Garbage bag Market: By Material Type

Low-density polyethylene

Liner low density polyethylene

High-density polyethylene

Polypropylene

Others

Global Garbage bag Market: By End User

Retail and Consumer

Institutional

Industrial

Global Garbage bag Market: By Size

7-16 gallons

20-30 gallons

32-35 gallons

40-48 gallons

+55 gallons

Global Garbage bag Market: By Geography

Europe

Germany

France

U.K.

Italy

Spain

Russia

BENELUX

Request Report TOC @ https://www.futuremarketinsights.com/askus/rep-eu-3034

ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature. FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.

CONTACT:
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website :www.futuremarketinsights.com

This release was published on openPR.

Permanent link to this press release:

Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.

You can edit or delete your press release Garbage Bag Market here

News-ID: 1059336 • Views: 526

More Releases from Future Market Insights - MRRSE

Poland IT Software and Service Market Size: Competitive Landscape and Recent Ind …
Future Market Insights (FMI) released its latest report titled, “Poland IT Software and Service Market Forecast and Assessment, 2014 – 2020”. According to the report, the Poland IT software and service market was valued at US$ 4,104.3 Mn in 2013 and projected to reach US$ 6,245.8 Mn by 2020, registering a CAGR of 5.9% during the forecast period. The Poland IT software and service market is driven by factors such as
Plant-based Butter Market to exhibit CAGR exceeding 7.5% through 2030 – Exclus …
Sales of vegan foods and beverages have gone up significantly owing to increased health awareness among consumers, especially in terms of effects from the consumption of animal-based products. The broader gains in the plant-based food category have rubbed off on varied categories, with plant-based butter sales gaining significant traction. The growing popularity of plant-based butter has led to specialty brands experimenting with new flavors and sources. A new study by
Conference Room Solutions Market Worth US$ 1.18 Bn by 2021: FMI
As per the revised report by Future Market Insights (FMI), the global conference room solution market is expected to expand at a CAGR of 14.7% over the forecast period (2021-2031). Thanks to rising demand for improvement in enterprise communication network, the market valuation is expected to surpass US$ 1.18 Bn in 2021. Conference room solutions provide on-demand tools for professional collaboration, online meetings, web conferencing and video conferencing services. It supports
Simulation and Test Data Management Market to Surpass US$ 480 Mn in Revenues by …
Future Market Insights (FMI) delivers key insights on the global simulation and test data management market in its latest report titled, "Simulation and Test Data Management Market: Global Industry Analysis and Opportunity Assessment, 2016-2026". The simulation and test data management market is anticipated to grow from US$ 148 Mn in 2016 to US$ 480.6 Mn by 2026, expanding at a CAGR of 12.5% in terms of revenue during the forecast

All 5 Releases


More Releases for Europe

Synthetic Biology Market – Europe
Synthetic Biology Market Europe is expected to reach USD XX Billion by 2026 from USD XX Billion in 2016 at a CAGR of XX% (Detailed analysis of the market CAGR is provided in the report). Synthetic biology has expanded into various interdisciplinary fields that may be defined as the combination of artificial design and engineering to produce biological systems, chemicals or living organisms. Synthetic biology is also used for improving applications
Europe Wooden Doors Market
Europe Wooden Doors Market https://www.qandqmarketresearch.com/reports/wooden-doors-market-78 This report studies the Wooden Doorsmarket status and outlook of Europe and major countries, from angles of players, countries, product types and end industries; this report analyzes the top players in Europe and major countries, and splits the Wooden Doors market by product type and applications/end industries. The global Wooden Doors market is valued at XX million USD in 2018 and is expected to reach XX million
Europe Radiotherapy Market
The Europe Radiotherapy Market research report consists of a primary and secondary research along with an in-depth analysis of the quantitative and qualitative aspects by the expert industry analysts and professionals, leading management bodies, to gain a profound insight of the industry as well as the industry performance. The Europe Radiotherapy Market report presents a lucid picture of the current industry landscape, including the historical and projected market size, based
Europe Business Assembly
The Europe Business Assembly (EBA) is an international corporation for the evolution and implementation of economic and social development. The company was established in April 2000 and its history shows a plethora of promising initiatives, creative growth and professional victories. EBA’s activity demonstrates the capabilities and power of professional partnership. The year 2000 saw the beginning and the foundation of EBA with the signing of the memorandum of cooperation and
Smartsourcing in Eastern Europe
In 2008 the outsourcing business of Eastern Europe was estimated at nearly $2 billion, representing just a tiny fraction of the global IT outsourcing market, estimated at about $386 billion. According to the Gartner Dataquest predictions, in the next four years Eastern Europe is expected to outstrip the rest of the offshore market concentrated mainly in the “classical” locations like India. By 2010 Eastern Europe’s IT outsourcing market share is
Home Control conquers Europe
European Home Control Summit attracts participation from leading International companies and organizations 29. February 2008 - Copenhagen/Frankfurt - The first European Wireless Home Control Summit on 9 April 2008, taking place parallel to Light + Building, features leading companies such as Merten, Horstmann, Danfoss, and market researcher Parks Associates as well as publicly funded organizations like the Danish Energy Saving Trust (DEST) presenting the newest trends, products and market strategies pertaining