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Trash Bags MarketSize, Opportunities, Top Companies, Growth, Trends, Regional Graph, Key Segments, and Forecast to 2028

06-11-2024 12:00 AM CET | Business, Economy, Finances, Banking & Insurance

Press release from: ABNewswire

Browse 370 market data Tables and 44 Figures spread through 261 Pages and in-depth TOC on "Trash Bags Market"

Browse 370 market data Tables and 44 Figures spread through 261 Pages and in-depth TOC on "Trash Bags Market"

The trash bags market is witnessing steady growth driven by increasing environmental awareness and stringent waste management regulations. With a focus on sustainability, biodegradable and compostable trash bags are gaining popularity.
The trash bags market [https://www.marketsandmarkets.com/Market-Reports/trash-bag-market-221305449.html] is projected to grow from USD 10.6 billion in 2023 to USD 13.7 billion by 2028, at a CAGR of 5.2% from 2023 to 2028. The growth of the market is driven by the increasing awareness of hygiene with rising waste generation and the initiatives taken by governments in China, Europe, the US, and Mexico, among other countries.

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Trash Bags Companies

Companies such as Berry Global Inc. (US), The Clorox Company (US), Novolex (US), Inteplast Group, Ltd. (US), and Reynolds Consumer Products (US) fall under the winners' category. These are leading players in the trash bags [https://www.marketsandmarkets.com/Market-Reports/trash-bag-market-221305449.html] market, globally. These players have adopted the strategies of partnership, collaboration, investment, acquisition, contract, and expansion to increase their market shares.

Berry Global Inc.

Berry Global Inc. (Berry) is one of the leading packaging and engineered products companies. It has four business segments, namely, engineered materials, consumer packaging international, consumer packaging North America, and health, hygiene, & specialties. Product groups within the engineered material segment include stretch and shrink films, converter films, institutional can liners, food and consumer films, retail bags, and agriculture films.

Berry Global Inc. (Berry) operates in approximately 135 manufacturing facilities and has distribution centers and manufacturing facilities in the US, Canada, Mexico, Belgium, France, Spain, the UK, Italy, Germany, Brazil, Argentina, Colombia, Malaysia, India, China, and the Netherlands.

The Clorox Company

The Clorox Company manufactures and markets consumer and professional products worldwide. It is known for a wide range of household cleaning and disinfecting products, including bleach, disinfecting wipes, cleaning sprays, toilet bowl cleaners, and more. They have expanded into various brands and product lines, such as Clorox, Pine-Sol, Liquid-Plumr, Glad, Brita, Burt's Bees, and Kingsford charcoal. The company operates through 4 segments, namely, cleaning, household, lifestyle, and international. It offers trash bags under the Household business segment. The company markets trash bags under the brand name, Glad.

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Clorox has a worldwide presence, with manufacturing facilities in North America, Asia, and South America in countries, such as the US, Canada, Mexico, Puerto Rico, Costa Rica, China, Philippines, Colombia, Peru, and Argentina.

Novolex

Novolex, formerly known as Hilex Poly, manufactures and distributes plastic packaging products. The brands include Hilex Poly, Duro Bag, Bagcraft Packaging, De Luxe Packaging, General Packaging Products, International Converter, Novolex Custom Film & Bags, Heritage Bags, Shields, and Burrows Packaging. The company has a strong presence globally with over 62 facilities around the world, along with two world-class plastic recycling facilities.

Novolex serves the retail, institutional, processor, and industrial sectors. The company operates as a subsidiary of The Carlyle Group (US) and has established itself among industry leaders in packaging solutions and sustainability, globally.

Inteplast Group, Ltd.

Inteplast Group, Ltd. designs and manufactures plastic products. The company operates through various product divisions, namely, BOPP Films, Building Products, Concentrates and compounds, Consumer Trash and food Contact Products, Corrugated Boards, Engineered Films, Food Service Products, Grocery Products, Healthcare Products, Institutional Can Liners, Paper Products, Retails Products, Stretch Films, Technical Specialty Films, and XF Films, offering a diverse product line, including trash bags, can liners, BOPP films, stretch films, XF cross-laminated films.

Inteplast Group, Ltd. has manufacturing facilities in Texas, Massachusetts, Canada, China, Vietnam, Taiwan, and Thailand. The company operates through more than 50 locations in North America alone, apart from Canada and Asia. It serves various markets including packaging, food, hospitality, retail, and many more.

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Reynolds Consumer Products

Reynolds Consumer Products is a leading manufacturer of products, such as waste bags, disposable tableware and cookware, aluminum foil, wraps, and food storage bags, sold through a variety of retailers, such as grocery stores, mass merchandisers, warehouse clubs, drug stores, discount chains, and military channels. The company sells trash bags under the brand names, Hefty, Diamond, and Presto and serves retail, institutional, and industrial end users. A major part of its revenue is from the US and Canada.

Reynolds Consumer Products operates around 13 manufacturing facilities located strategically across the US and one manufacturing facility in Canada to optimize distribution and minimize lead times and freight costs.

About MarketsandMarkets Trademark

MarketsandMarkets Trademark has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets Trademark is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore Trademark (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

Media Contact
Company Name: MarketsandMarkets Trademark Research Private Ltd.
Contact Person: Mr. Aashish Mehra
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=trash-bags-marketsize-opportunities-top-companies-growth-trends-regional-graph-key-segments-and-forecast-to-2028]
Phone: 18886006441
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State: IL 60062
Country: United States
Website: https://www.marketsandmarkets.com/Market-Reports/trash-bag-market-221305449.html



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