Garbage Bag Market - Forecast 2016 - 2023
According to the World Bank report, the amount of garbage generated in urban areas, globally, is growing at a faster rate than the rate of urbanization. On an average, each person produces 1.2 kg of garbage per day and, thus, 7.4 million tons of garbage is produced per day in the world. This waste comes from households, schools, offices, market places, restaurants, industries, commercial complexes, agriculture, etc.A garbage bag is a flexible material used for the collection, storage, disposal, and handling of garbage. In addition, it has a very wide application in the transportation and distribution of garbage. It has variety of names such as bin bag, trash bag, rubbish bag, can line, etc. Three Canadians, Harry Wasylyk, Larry Hansen, and Frank Plomp, produced the first garbage plastic bag in 1950.
Get PDF Brochure for more Professional and Technical industry insights:
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=10952
In the 21st Century, there are different materials available for the production of a garbage bag. Those materials include Low-Density Polythene (LDPE), High-Density Polythene (HDPE), recycled polythene, liner blend polythene, Medium Density Polythene (MDPE), Metallocene Polythene (mPE), degradable polythene, woven polypropylene, biodegradable polythene, and co-extruded plastic bags.
Garbage bags produced from these materials are low cost, hygienic, leak proof, lightweight, durable, portable, offer resistance to air & water, meet FDA and USDA specifications, and can be recycled. These bags come in a variety of colors, such as black, pink, green, white, transparent, etc. They are also available in variety of sizes, depending on their end uses. Garbage bags find a wide range of applications in day to day life and are widely used in households, colleges, offices, shops, restaurants, hospitals, industries, etc.
Evolving life style of consumers, increasing health and environmental awareness, and supportive environmental policies implemented by various governments across the globe are the major factors responsible for the increasing global demand for garbage bags and, thereby, their market growth.
Owing to its value added applications, right from handling of waste to transportation and distribution of garbage, the market for garbage bags is expected to create significant growth and investment opportunities for players operating in the market, especially in the developing countries.
Besides, the garbage bags market is expected to continue to grow steadily in developed nations, wherein the consumer demand for garbage storage and handling bags is high. The main growth drivers for the market are private consumers, retailers, and local packaging firms, which focuses more on delivering the product in the local market.
However, sustainability of the garbage bag market majorly depends on new product innovation, such as garbage bag with enhanced odor control benefits. Additionally, presence of big and small retailers and increasing consumer preference for using cheap local products has created a highly competitive environment for big brands of garbage bags.
The global garbage bag market is segmented based on: its material of construction, available sizes, and end users. By material of manufacturing, the global garbage bags market is segmented into HDPE, LDPE, LLDPE, linear blend polythene, degradable polythene, biodegradable polythene, and woven polypropylene. By size, the market is segmented into 25 liters, 35 liters, and 50 liters & above. By end user, the global garbage bag market is segmented into consumer and industrial.
By geography, the global garbage bags market has been classified into seven key regions, namely North America, Latin America, Eastern Europe, Western Europe, Asia-Pacific excluding Japan, the Middle East & Africa, and Japan. The global garbage bags market is anticipated to expand at a double digit CAGR over the forecast period. Asia Pacific market is expected to be the most attractive market for garbage bag packaging due to large volumes of produced garbage from urban agglomerations. As of 2016, China is the largest garbage bags market in Asia Pacific, followed by India, and the market in these countries is expected to grow rapidly in the near future. North America, followed by Western Europe, are the other prominent regions projected to hold a promising future growth potential in the garbage bags market by the end of 2026.
Some of the key players in the global garbage bag market are Allied Plastics, Berry Plastic Corporation, Clorox Australia Pty Limited, Cosmoplast, Heyuan Ruijian Plastic Products Co., Ltd., International Plastics, Kemii Garbage Bag Co. Ltd., Luban Pack, Novplasta, S.R.O., and Terdex.
The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.
About TMR
TMR is a global market intelligence company providing business information reports and services. The company’s exclusive blend of quantitative forecasting and trend analysis provides forward-looking insight for thousands of decision makers. TMR’s experienced team of analysts, researchers, and consultants use proprietary data sources and various tools and techniques to gather and analyze information.
Contact TMR
90 State Street, Suite 700
Albany, NY 12207
Tel: +1-518-618-1030
USA - Canada Toll Free: 866-552-3453
Email:sales@transparencymarketresearch.com
Website:http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Garbage Bag Market - Forecast 2016 - 2023 here
News-ID: 419949 • Views: …
More Releases from TMR - Research Reports
Pulmonary Drugs Market is Expected to Reach US$ 28,082.1 Million by the End of 2 …
According to the research report, the global pulmonary drugs market is expected to be worth US$ 28,082.1 mn by the end of 2024 as compared to US$ 48,039.7 mn in 2015. Analysts calculate that the global market will plummet at a CAGR of -6.3% during the forecast period of 2016 and 2024. The market will thrive as the demand for combination drugs is anticipated to remain on the rise during…
North America Ventricular Assist Device Market is rising to a valuation of US$ 1 …
According to TMR, the opportunity in the North America market for VADs, which stood at US$0.4 bn in 2015, is likely to expand at a healthy CAGR of 9.20% between 2016 and 2024 and increase to US$1.07 bn by the end of the forecast period. The destination therapy (DT) segment has been reporting a greater application of VADs than the other two indication segments. It is expected to remain the…
Dental Membrane and Bone Graft Substitutes Market to rise to US$ 922.6 Million b …
Transparency Market Research notes that innovation and expansion into emerging regions have served these companies well in strengthening their hold in the dental membrane and bone graft substitutes market. For instance, Switzerland-based Geistlich Pharma AG - a global manufacturer and supplier of dental products and devices - expanded its operations in Sydney, Australia and New Delhi, India in 2016.
The global dental membrane and bone graft substitutes market is expected to…
Human Vaccines Market is Estimated to Reach US$ 72.5 Billion by 2024
The global human vaccines market was valued at US$28.3 bn in 2015 and is estimated to reach US$72.5 bn by 2024, registering an 11.2% CAGR during the forecast period.
By age group, pediatric vaccines accounted for a 57.5% share in the global human vaccines market in 2015. Adult vaccines, on the other hand, are expected to expand at a 13.2% CAGR from 2016 to 2024. Based on product, the pneumococcal segment…
More Releases for Polythene
Compostable & Biodegradable Refuse Bags Market Emerging Trends & Growing Popular …
Market Research Hub (MRH) has carefully analyzed this research study titled Compostable & Biodegradable Refuse Bags Market: Institutional End Use Segment Projected to Lead in Terms of Value During the Forecast Period: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028, which is available on its online portal. The aim of this assessment is to highlight the various projections expected to occur in the global market for Compostable & Biodegradable Refuse…
Biodegradable Mulch Film Market Analysis 2017 British Polythene Industries PLC, …
According to a new report published by Allied Market Research, titled, Biodegradable Mulch Film Market by Raw Material Type and Crop Type: Global Opportunity Analysis and Industry Forecast, 2017-2023, the global biodegradable mulch film market was valued at $33,699 thousand in 2016, and is projected to reach at $62,039 thousand by 2023, registering a CAGR of 9.3% from 2017 to 2023.
Access Full Summary at: https://www.alliedmarketresearch.com/biodegradable-mulch-film-market
Biodegradable mulch film is a mulching…
Global Plastic Films Market 2018 - Taghleef, Gettel Group, Toyobo Company, BPI P …
Apex Market Reports, recently published a detailed market research study focused on the “Plastic Films Market” across the global, regional and country level. The report provides 360° analysis of “Plastic Films Market” from view of manufacturers, regions, product types and end industries. The research report analyses and provides the historical data along with current performance of the global PP Pipe industry, and estimates the future trend of Plastic Films on…
Global Polythene Wrapping Market 2017-2022 Growth, Trends, Forecast and Analysis …
Market Research Report Released by 9Dimen Group on Global Polythene Wrapping Market 2017 contains an in-depth analysis, industry segmentation, development, target Industrys, statistics and figures.
This study highlights current dynamics and developments in the Polythene Wrapping Market. The report incorporates in-depth analysis of the Industry growth drivers as well as the inhibiting factors in the Polythene Wrapping Market. The scope of the report covers an extensive evaluation pertaining to the winning…
Agricultural Films Market 2017 - Grupo Armando Alvarez, British Polythene, RKW, …
The Global Agricultural Films Market 2017 Industry Research Report focused on global and regional market, major manufacturers, as well as the current state of the Agricultural Films industry. First, "Global Agricultural Films Industry 2017" report analyzed the basic scope of this industry like definition, specification, classification, application, industry policy, news analysis and Agricultural Films industry chain structure.
Major Companies Covered in this report:-
Grupo Armando Alvarez
British Polythene
RKW
Berry Plastics
Request For Report Sample @…
Agricultural Films Market 2017- British Polythene Industries (BPI), Trioplast, B …
Agricultural Films Market 2017 Industry research report provides important information to identify and analyze the market need, market size and competition. This market research report used in maintaining competitiveness over competitors.
Agricultural Films is plastic film used in agricultural production in general.
Agricultural films provide a wide range of benefits such as reducing erosion and soil compaction, providing nutrients, increasing soil temperature, supporting seed germination, suppressing the growth of weeds, and protecting…