Press release
Trash Bags Market Size, Growth, Share, Trends, Competitive Landscape, Forecast To 2033
The new report published by The Business Research Company, titled ""Trash Bags Global Market Report 2024 - Market Size, Trends, And Global Forecast 2024-2033"", delivers an in-depth analysis of the leading size and forecasts, investment opportunities, winning strategies, market drivers and trends, competitive landscape, and evolving market trends.As per the report, the trash bags market size has grown strongly in recent years. It will grow from $10.96 billion in 2023 to $11.64 billion in 2024 at a compound annual growth rate (CAGR) of 6.2%. The trash bags market size is expected to see strong growth in the next few years. It will grow to $14.89 billion in 2028 at a compound annual growth rate (CAGR) of 6.4%.
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Growth Of E-Commerce And Home Delivery Services Drives Expansion Of The Trash Bags Market
The rise of e-commerce and home delivery services is expected to propel the growth of the trash bags market going forward. E-commerce and home delivery services are rising due to increasing consumer demand for convenience, wider product availability, and the efficiency of digital shopping platforms. Trash bags are required in e-commerce and home delivery services to manage packaging waste and maintain cleanliness during the storage and disposal of shipping materials. For instance, in May 2024, according to the United States Census Bureau, a US-based government agency, U.S. retail e-commerce sales for the first quarter of 2024, after adjusting for seasonal variation, reached $289.2 billion, marking a 2.1 percent (±0.7%) increase compared to the fourth quarter of 2023. Therefore, the rise of e-commerce and home delivery services is driving the growth of the trash bags market.
Innovative Heavy-Duty Trash Bags Promoting Sustainability
Major companies operating in the trash bags market are developing innovative products, such as heavy-duty trash bags, to contain and transport large volumes of waste or materials. Heavy-duty trash bags are robust and durable disposable bags typically made from thicker materials such as high-density polyethylene (HDPE) or other strong plastics, designed to withstand greater weight and resist punctures or tears when holding heavier loads of waste or sharp objects. For instance, in April 2024, Revolution Sustainable Solutions, LLC, a US-based film recycling company, launched DailyGood Bags. These heavy-duty trash bags are designed for everyday household use with a strong emphasis on environmental sustainability. They are crafted from up to 97% post-consumer recycled (PCR) plastic, significantly reducing their environmental footprint compared to bags made entirely from new materials. Available in two convenient sizes a 13-gallon tall kitchen drawstring and a 30-gallon large drawstring and offered in various pack sizes online, these bags cater to different household needs while supporting eco-friendly practices through their recycled content.
The trash bags market covered in this report is segmented -
1) By Type: Drawstring Trash Bags, Flat Trash Bags, Zipper Bags, Star Sealed Trash Bags, T-Shirt Trash Bags, Flat Star Sealed Trash Bags, Other Types
2) By Material: Low Density Polyethylene, High Density Polyethylene, Linear Low Density Polyethylene, Bio-Degradable Polyethylene, Other Materials
3) By Capacity: 10-25 Kg, 25-50 Kg, 50-75 Kg, 75-100 Kg, 100-150 Kg, More Than 150Kg
4) By End User: Industries, Corporate Offices, Hospitals, Residential, Institutions, Laboratories, Other End Users
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Major companies operating in the trash bags market are Berry Global Inc., The Clorox Company, Reynolds Consumer Products, Novolex Co., RKW Group, Cosmoplast, Inteplast Group, Mapco (Pvt) Ltd., Poly-America L.P., Glad Products Company, Heritage Bag Co., Aluf Plastics, Thantawan Industry Public Company Limited, Polykar Industries Inc., Plasta AB, International Plastics Inc., Universal Plastic Bag Manufacturing Co., Alpha Omega Plastic Manufacturing L.L.C., BioBag International AS, NOVPLASTA CZ Ltd., OX Plastics, TERDEX GmbH, Voussert SAS
Contents of the report:
1. Executive Summary
2. Trash Bags Market Report Structure
3. Trash Bags Market Trends And Strategies
4. Trash Bags Market - Macro Economic Scenario
5. Trash Bags Market Size And Growth
…..
27. Trash Bags Market Competitor Landscape And Company Profiles
28. Key Mergers And Acquisitions
29. Future Outlook and Potential Analysis
30. Appendix
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