Global Trash Bags Market Report and Forecast 2024-2032

Global Trash Bags Market Report and Forecast 2024-2032

Market Outlook

According to the report the global trash bags market grew significantly in 2023. Aided by the escalating concern for sanitation, cleanliness, and the rise in urban population, the market is projected to further grow at a CAGR of 5% between 2024 and 2032 to reach a value of about USD 19.5 billion by 2032.

Trash bags, also referred to as garbage or waste bags, have entrenched themselves as an everyday essential in both domestic and commercial settings. Generally made of materials such as polyethylene, these bags are specifically crafted to facilitate waste containment and disposal. With variants from biodegradable to high-strength, trash bags cater to a spectrum of needs ranging from household waste collection to industrial waste management.

The intensifying emphasis on hygiene, cleanliness, and effective waste management across households and industries is a principal driver propelling the trash bags market growth. As urban settlements burgeon and lifestyles grow more hectic, there’s a palpable surge in the demand for convenient waste disposal solutions, and trash bags precisely fill that niche.

Moreover, the foodservice industry, flourishing globally, further augments the demand. Eateries, cafes, and restaurants, with their daily accumulation of waste, rely heavily on trash bags, making them an indispensable part of the industry's operations.

Environmental concerns have prompted innovative shifts in the trash bag sector. With the world waking up to the detrimental effects of plastic, there's been a marked tilt towards eco-friendly alternatives. Biodegradable and compostable trash bags, often made from plant-based materials, are gaining traction. These bags, designed to decompose over time, significantly reduce landfill waste, aligning with the global movement towards sustainability.

As per the trash bags market analysis, the industrial sector remains a dominant consumer of heavy-duty trash bags. These bags, known for their resilience, are employed in handling industrial waste, which can often be abrasive or voluminous. Construction sites, workshops, and manufacturing units stand as testament to the indispensable role these trash bags play.

Region-wise, North America has consistently been a front-runner in the trash bags market, owing to its advanced waste management systems and high consumer awareness regarding cleanliness. However, Asia-Pacific, with its rapidly urbanising cities and booming industries, is emerging as a potent market contender.

Retail and e-commerce platforms have played a pivotal role in making trash bags accessible to a vast audience. The convenience of online shopping, coupled with the array of choices it presents, has spurred consumers to buy trash bags online, thereby giving an influencing the trash bags market outlook.

Market Segmentation

The market can be divided based on material, size, type, end-use, and region.

Market Breakup by Material

• High Density Polyethylene (HDPE)
• Low Density Polyethylene (LDPE)
• Linear Low-Density Polyethylene (LLDPE)
• Bio-Degradable Polyethylene
• Others

Market Breakup by Size

• 3 to < 13 Gallons
• Greater Than 13 to Less Than 50 Gallons
• Above 50 Gallons

Market Breakup by Type

• Drawstring Bags
• Star Sealed Bags

Market Breakup by End-Use

• Retail
• Institutional
• Industrial

Market Breakup by Region

• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa

Competitive Landscape

The report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global trash bags market. Some of the major players explored in the report are as follows:

• Berry Global Inc.
• The Clorox Company
• Inteplast Group
• International Plastics Inc.
• Cosmoplast Ind. Co.(L.L.C.)
• NOVPLASTA CZ, s.r.o.
• BioBag International AS
• Others