Compostable & Biodegradable Refuse Bags Market Current Impact to Make Big Changes 2028

Compostable & Biodegradable Refuse Bags Market Analysis: Over 35% of the Compostable & Biodegradable Refuse Bags demand to be generated by the industrial end use segment, which is expected to increase further by the end of 2028

The global market for compostable & biodegradable refuse bags was valued at US$ 200.4 million in 2017. The market is forecast to expand at a CAGR of 8.0% during the forecast period, 2018-2028.

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Compostable & biodegradable are terms used to designate organic materials breaking down in specific environment condition. Refuse bags are disposable bags used to contain waste and rubbish. Compostable & biodegradable refuse bags are made up of organic material, which are obtained from plants. Such plant based materials which are used to make compostable & biodegradable refuse bags are starch blends (corn, potato and others), Polylactic acid (PLA), PHA, PBAT and other such materials. These refuse bags can undergo decomposition readily and have minimum negative impact on the environment.

The global market for compostable and refuse bags market is further segmented as per capacity, product type, speed, material type, thickness and end use.

This report assesses trends driving the growth of each market segment on the global level and offers potential takeaways that prove substantially useful for other potential market entrants in the compostable & biodegradable refuse bags market.

The North America compostable & biodegradable refuse bags market Include country level analysis for the U.S. and Canada. The U.S compostable & biodegradable refuse bags market is expected to grow at a CAGR of 7.7% over the forecast period wherein compostable segment enjoy dominant share, by product type.

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The Latin America compostable & biodegradable refuse bags market include country level analysis for Brazil, Mexico, Argentina and Rest of Latin America. The Brazil compostable & biodegradable refuse bags market is expected to expand at a CAGR of 7.5% during the forecast period. The Western Europe compostable & biodegradable refuse bags market include country level analysis for Germany, Italy, U.K., France, Spain, Benelux, Nordic and Rest of Europe. Germany and Italy account for a significant market share in the Western Europe compostable & biodegradable refuse bags market.

The Eastern Europe compostable & biodegradable refuse bags market include country level analysis for Russia, Poland and Rest of Eastern Europe. The Russia compostable & biodegradable refuse bags market is expected to expand at a CAGR of 7.6% during the next decade. The Asia Pacific excluding Japan compostable & biodegradable refuse bags market includes country level analysis for China, India, ASEAN, Australia & New Zealand and Rest of APEJ. The APEJ compostable & biodegradable refuse bags market represent most lucrative geographic region wherein India and China represent substantial incremental opportunity over the forecast period.

Key Segments Covered in Global Compostable & Biodegradable Refuse Bags Market is:

By Capacity
7-20 Gallons compostable & biodegradable refuse bags
20-30 Gallons compostable & biodegradable refuse bags
30-40 Gallons compostable & biodegradable refuse bags
40-55 Gallons compostable & biodegradable refuse bags
Above 55 Gallons compostable & biodegradable refuse bags

By Product Type
Biodegradable
Compostable

By Material Type
PLA
PBS
PBAT
PHA
Starch Blends
Cellophane
Paper

By Thickness
0-0.7 mil
7-0.9 mil
9-1.5 mil
Above 1.5 mil

By End Use
Retail & Consumer
Industrial
Institutional

The Middle East and Africa (MEA) compostable & biodegradable refuse bags market include country level analysis for GCC, South Africa, North Africa and Rest of MEA. Compostable & biodegradable refuse bags market in the GCC region is particularly driven by high growth in the industrial segment. The Japan compostable & biodegradable refuse bags market is expected to expand at a CAGR of 5.3% over the forecast period.

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In this report, we have discussed individual strategies followed by these companies in terms of enhancing their product portfolio, creating new marketing techniques, mergers and acquisitions. The ‘Competitive Landscape’ is included to provide report audiences with a dashboard view and company share collectively.

Key players operating in the global market for compostable & biodegradable refuse bags include Mondi Group, Sphere Group, Vegware Global, VICTOR Güthoff & Partner GmbH, Cedo Ltd., BioBag International AS, PLAST-UP, Polybags Ltd, Clondalkin Group Holdings B.V., Plastiroll Oy Ltd, The Biodegradable Bag Company Ltd, QUICKPACK Haushalt + Hygiene GmbH, MIRPACK, TM, The Compost Bag Company, SIMPAC, TERDEX GmbH, Pack-It BV, Cromwell Polythene Ltd, Flexopack SRL, Virosac SRL among others.

Mr. Debashish Roy
Unit No: AU-01-H Gold Tower (AU), Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers, Dubai,
United Arab Emirates
MARKET ACCESS DMCC Initiative
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