Garbage Bag Market
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
Liner low density polyethylene
Global Garbage bag Market: By End User
Retail and Consumer
Global Garbage bag Market: By Size
Global Garbage bag Market: By Geography
Request Report TOC @ https://www.futuremarketinsights.com/askus/rep-eu-3034
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.
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
This release was published on openPR.
Permanent link to this press release:
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: 381
More Releases from Future Market Insights - MRRSE
Variable Frequency Drive Market to Reach US$ 7.70 Billion by 2027 | Fuji Electri …
The North America variable frequency drive market is projected to reach US$ 7.79 Bn in revenues by 2027, according to a new research by Future Market Insights. In terms of volume, 6.25 million units of variable frequency drivers are expected to be sold in North America in 2017. The U.S. will continue to dominate sales, accounting for nearly 78% revenue share of the market. According to Future Market Insights, the
Pharma-grade Synthetic Camphor Market to Surpass US$ 532.0 Mn by 2028 | Aldon Co …
According to the latest research by the company, the global pharma-grade synthetic camphor market size is anticipated to be valued at US$ 532.0 Mn, by 2028 end. The report on pharma-grade synthetic camphor market further projects significant growth potential with average year-on-year growth rate pegged at 4.1% through 2028. Growing demand for topical pain management products is expected to propel the growth of pharma-grade synthetic camphor market. Pharma-grade synthetic camphor is
Micronized Salt Market is forecast to be valued at US$ 3,305.8 Mn by 2028 end
In a new publication, Future Market Insights (FMI) projects that in terms of value, the global micronized salt market revenue will expand at a CAGR of 3.6% during the forecast period. In terms of revenue, the global micronized salt market accounted for US$ 2,319.0 Mn in 2018 and is anticipated to increase to reach US$ 3,305.8 Mn by 2028. A detailed competition assessment and revenue forecasts for a period of
Silicon Carbide (Sic) Coating Market Market Participants Saint-Gobain, Xycarb Ce …
Global Silicon Carbide (SiC) Coating Market Introduction The global specialty coating market is growing at a good pace. Silicon carbide (SiC) coating is a specialty coating which is made up of compounds of silicon and carbon. Silicon carbide is a synthetically manufactured compound in general. However, it is rarely found in the nature as moissanite. Silicon carbide (SiC) coating is applied on the substrate, either by PVD or by CVD. Because
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 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
Marketing in/to Europe
Internationalization is important for every company. Europe - with its now nearly 500 million inhabitants, however, only looking towards the European Union's countries - is a perfect place for companies to go. Especially the Western countries are highly industrialized. Find some reasons and help in this article. Most of the European companies - actually more than 90 % / country on an average - are fighting the more or less stagnating