Press release
Trash Bag Market Expecting USD 17.13 Bn. for 2030, at a CAGR of 5.6% during the forecast period (2024-2030)
Trash Bag Market
Trash Bag Market Overview:
A plastic bag used inside a trash can to contain waste and maintain cleanliness is called a trash bag. They go by several names such as trash bags, garbage bags, bin liners, etc. and are composed of polythene in varying densities. There are many various kinds of garbage bags available on the Trash Bag Market, including white, blue, red, and black bags. These bags are utilized in a variety of settings, including bathrooms, kitchens, offices, and healthcare institutions. They provide an reasonable and efficient way to dispose of waste, reduce toxicity and aid in sanitation in hospitals, can control the odor from waste, demand for effective waste disposal are boosting the Trash Bag Market.
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What are the Trash Bag Market Dynamics?
The trash bag market is growing rapidly due to several key factors. Factors attributing to trash bag market growth are rising population of the world, resulting in the high generation of waste, according to "The World Bank" report world generates 2.01 Bn solid waste annually. Changing household income of the people, the rapid growth of urbanization, economic development of the countries, odor-blocking capacity are driving the global trash bag market positively.
Some of the factors affecting trash bag market growth are the non-biodegradable nature of bags, Co2 emission while burning, soiling the oceans, harming the marine animals, entering our food supply, the release of toxic substances in soil, etc.
Asia-Pacific region dominates the global trash bag market with a 52% share in 2023. Because of the presence of highly populated countries like China and India. North America is the second dominating region in the market because of increased disposable income, rapid urbanization, growth of population, hygiene and safety, etc. The Trash Bag Market report covered trending news from World Bank, US Environmental Protection Agency and Federal Trade Commission.
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Trash Bag Market Scope:
Market Size in 2023 USD 11.70 Bn.
Market Size in 2030 USD 17.13 Bn.
CAGR 5.6% (2024-2030)
Forecast Period 2024-2030
Base Year 2023
Number of Pages 265
No. of Tables 110
No. of Charts and Figures 103
Segment Covered by Material, Product, and End User
Regional Scope North America, Europe, Asia Pacific, Middle East and Africa, South America
Report Coverage Trash Bag Market Share, Size & Forecast by Revenue | 2024-2030, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, MMR Competition Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.
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Trash Bag Market covered the Segments:
By Material
Low Density Polyethylene
High density Polyethylene
By Product
Recyclable
Non-recyclable
By End-User
Residential
Commercial
๐ ๐จ๐ซ ๐ ๐๐๐๐ฉ๐๐ซ ๐ฎ๐ง๐๐๐ซ๐ฌ๐ญ๐๐ง๐๐ข๐ง๐ , ๐๐ฅ๐ข๐๐ค ๐จ๐ง ๐ญ๐ก๐ ๐ฅ๐ข๐ง๐ค: https://www.maximizemarketresearch.com/market-report/global-trash-bags-market/34536/
Some of the current players in the Trash Bag Market are:
Pack-It B.V.
Kemii Garbage Bag Co. Ltd.
Cosmoplast Industrial Company L.L.C. (Harwal Group of Companies)
Luban Packing LLC
Hefty (Reynolds Consumer Products LLC)
International Plastics Inc.
Novolex
Novplasta, s.r.o.
Terdex GmbH
Berry Global Inc.
The Clorox Company
Reynolds consumer products
Inteplast Group
Four star plastics
Key questions answered in the Trash Bag Market are:
Which region has the largest share in Trash Bag Market?
What is the growth rate of the Trash Bag Market?
What segments are covered in Trash Bag Market?
Who are the key players in Trash Bag Market?
What is the study period of this market?
Key Offerings:
Past Market Size and Competitive Landscape
Trash Bag Market Size, Share, Size & Forecast by different segment
Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by region
Trash Bag Market Segmentation - A detailed analysis by Product
Competitive Landscape - Profiles of selected key players by region from a strategic perspective
Competitive landscape - Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER's analysis
Value chain and supply chain analysis
Legal Aspects of business by region
Lucrative business opportunities with SWOT analysis
Recommendations
Explore our top-performing reports on the latest trends:
Garbage Bag Market size was valued at USD 2.06 Bn. in 2023 and the total revenue is expected to grow at a CAGR of 6.7% through 2024 to 2030, reaching nearly USD 3.25 Bn.
https://www.maximizemarketresearch.com/market-report/global-garbage-bag-market/20015/
Recycled Plastics Market was valued at USD 31.77 Bn. in 2023 and the total Recycled Plastics revenue is expected to grow at 8.9% from 2024 to 2030, reaching nearly USD 57.71 Bn.
https://www.maximizemarketresearch.com/market-report/global-recycled-plastics-market/10814/
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Maximize Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology and communication, cars and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
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