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Disposable Garbage Bags Market worth $3.45 billion by 2030, growing at a CAGR of 2.86% - Exclusive Report by 360iResearch
Disposable Garbage Bags Market | 360iResearch
The Global Disposable Garbage Bags Market to grow from USD 2.83 billion in 2023 to USD 3.45 billion by 2030, at a CAGR of 2.86%.
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Disposable garbage bags are single-use or temporary waste storage solutions made primarily from polyethylene and other bioplastic materials. These bags are designed to facilitate effective waste disposal while offering user convenience and promoting hygienic environments. The global waste generation rates increase due to the growing population, necessitating efficient waste management solutions. The raised consumer awareness regarding the importance of hygiene increases the demand for disposable garbage bags that effectively contain waste material while minimizing contamination risks. However, rising concerns over plastic pollution and its detrimental environmental effects may adversely impact the disposable garbage bags market. Moreover, introducing biodegradable and compostable bags made from plant-based polymers is expected to encourage the adoption of disposable garbage bags by the end-use sectors across the globe.
The disposable garbage bags market is evolving in the Americas due to the rising awareness toward hygiene and cleanliness and laws and regulations implemented by the governments of the U.S. and Canada to promote a clean and green environment. Additionally, ongoing research and development (R&D) to introduce biodegradable plastic solutions for garbage bags are creating immense potential for the disposable garbage bags market in the Americas. The Asia-Pacific region represents a developing landscape for the disposable garbage bags market owing to the rising waste generation in residential, commercial, and healthcare sectors in nations including Australia, New Zealand, India, and China, among others, and the need for efficient waste management and disposal. The utilization of biodegradable bags to create a sustainable and cleaner environment, coupled with supportive government initiatives to expand the usage of garbage bags, is expected to encourage the growth of the disposable garbage bags market in Asia-Pacific. The disposable garbage bag market in the EMEA region is expanding due to well-framed waste management plans and standards defined by government agencies for disposable garbage bags to improve waste collection efficiencies. Additionally, improvements in compostable trash bags are anticipated to encourage the adoption of disposable garbage bags by the end-use sectors worldwide.
Market Segmentation & Coverage:
This research report categorizes the Disposable Garbage Bags Market in order to forecast the revenues and analyze trends in each of following sub-markets:
Based on Type, market is studied across Degradable and Non-degradable. The Degradable is further studied across Bio-degradable and Oxo-degradable. The Degradable commanded largest market share of 87.92% in 2023, followed by Non-degradable.
Based on By Size, market is studied across 17" X 19" Small, 19" X 21" Medium, 28" X 36" Large, 30" X 40" Extra Large, and 30" X 50" Jumbo. The 30" X 40" Extra Large is projected to witness significant market share during forecast period.
Based on Material Type, market is studied across Plant-based PE, Recycled PE, and Virgin Polyethylene (PE). The Recycled PE is further studied across Ocean Plastic and PIR/PCR PE. The Virgin Polyethylene (PE) is projected to witness significant market share during forecast period.
Based on Distribution, market is studied across Convenience Stores, Online Stores, and Supermarkets. The Convenience Stores commanded largest market share of 55.79% in 2023, followed by Supermarkets.
Based on Application, market is studied across Commercial, Industrial, and Residential. The Commercial commanded largest market share of 45.65% in 2023, followed by Residential.
Based on Region, market is studied across Americas, Asia-Pacific, and Europe, Middle East & Africa. The Americas is further studied across Argentina, Brazil, Canada, Mexico, and United States. The United States is further studied across California, Florida, Illinois, New York, Ohio, Pennsylvania, and Texas. The Asia-Pacific is further studied across Australia, China, India, Indonesia, Japan, Malaysia, Philippines, Singapore, South Korea, Taiwan, Thailand, and Vietnam. The Europe, Middle East & Africa is further studied across Denmark, Egypt, Finland, France, Germany, Israel, Italy, Netherlands, Nigeria, Norway, Poland, Qatar, Russia, Saudi Arabia, South Africa, Spain, Sweden, Switzerland, Turkey, United Arab Emirates, and United Kingdom. The Asia-Pacific commanded largest market share of 48.00% in 2023, followed by Americas.
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FPNV Positioning Matrix:
The FPNV Positioning Matrix is essential for assessing the Disposable Garbage Bags Market. It provides a comprehensive evaluation of vendors by examining key metrics within Business Strategy and Product Satisfaction, allowing users to make informed decisions based on their specific needs. This advanced analysis then organizes these vendors into four distinct quadrants, which represent varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital(V).
Market Share Analysis:
The Market Share Analysis offers an insightful look at the current state of vendors in the Disposable Garbage Bags Market. By comparing vendor contributions to overall revenue, customer base, and other key metrics, we can give companies a greater understanding of their performance and what they are up against when competing for market share. The analysis also sheds light on just how competitive any given sector is about accumulation, fragmentation dominance, and amalgamation traits over the base year period studied.
Key Company Profiles:
The report delves into recent significant developments in the Disposable Garbage Bags Market, highlighting leading vendors and their innovative profiles. These include Abdullah & Khalid AlShoaibi for Trading & Manufacturing CO., Arawinda Poly Bag, Arihant Industries, Berry Global Inc., Big Black Sacks, Coles, Dhruvraj Syndicate, Dunplast Poly Bag Ltd., Four Star Plastics, GR. Sarantis S.A., Grove Collaborative, Inc., Harwal Group of Companies, Hercules, Heyuan Ruijian Plastic Products Co., Ltd., Inteplast Group, International Plastics Inc., Koninklijke Paardekooper Group, Luban Packing LLC, Multix by McPherson's Limited, Natur-Tec, Navkar Plastic, Novolex, Polifilm GmBH, Poly-America, L.P., Polykar Industries Inc., Reynolds Consumer Products Inc., Singhal Industries Pvt. Ltd., The Clorox Company, Weifang Kangle Plastics Co., Ltd., Woolworth, and Zubairi Plastic Bags Industry LLC.
Key Topics Covered:
1. Preface
2. Research Methodology
3. Executive Summary
4. Market Overview
5. Market Insights
6. Disposable Garbage Bags Market, by Type
7. Disposable Garbage Bags Market, by By Size
8. Disposable Garbage Bags Market, by Material Type
9. Disposable Garbage Bags Market, by Distribution
10. Disposable Garbage Bags Market, by Application
11. Americas Disposable Garbage Bags Market
12. Asia-Pacific Disposable Garbage Bags Market
13. Europe, Middle East & Africa Disposable Garbage Bags Market
14. Competitive Landscape
15. Competitive Portfolio
The report provides insights on the following pointers:
1. Market Penetration: Provides comprehensive information on the market offered by the key players
2. Market Development: Provides in-depth information about lucrative emerging markets and analyzes penetration across mature segments of the markets
3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments
4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players
5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments
The report answers questions such as:
1. What is the market size and forecast of the Disposable Garbage Bags Market?
2. Which are the products/segments/applications/areas to invest in over the forecast period in the Disposable Garbage Bags Market?
3. What is the competitive strategic window for opportunities in the Disposable Garbage Bags Market?
4. What are the technology trends and regulatory frameworks in the Disposable Garbage Bags Market?
5. What is the market share of the leading vendors in the Disposable Garbage Bags Market?
6. What modes and strategic moves are considered suitable for entering the Disposable Garbage Bags Market?
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