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The global trash bags market reached a value of US$ 10.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach a value of US$ 16.36 Billion by 2027, exhibiting a growth rate (CAGR) of 7.60% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use sectors. These insights are included in the report as a major market contributor.
Trash bags are plastic bags placed inside the bin to hold the waste and keep the container clean. They are made from polyethylene that offers high strength and tear, chemicals, and moisture resistance. They are lightweight, easy to use, cost-effective and assist in disposal of sloppy and wet garbage, such as food scraps. They also help store small and loose items and keep the products waterproof. As a result, trash bags find extensive applications in residential, commercial, and industrial spaces across the globe.
Note: Values and trends in the above chart consists of dummy data and are only shown here for representation purpose. Kindly contact us for the actual market size and trends.
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The growing awareness among individuals about hygiene and cleanliness of the environment represents one of the key factors driving the market. Moreover, there is a rise in waste generation due to rapid urbanization and the increasing population across the globe. This, along with numerous initiatives undertaken by governments and regulatory bodies of several countries to promote the use of trash bags, is propelling the growth of the market. In addition, the rising focus of individuals on new garbage bag breakdown methods and processes is positively influencing the market. Besides this, enhanced waste processing methods and garbage transportation and distribution facilities are catalyzing the demand for trash bags around the world. Additionally, trash bags are widely used to store and carry waste without the risk of spreading diseases or infections. Apart from this, the increasing demand for waterproof trash bags in the automotive industry is offering lucrative growth opportunities to end-users. Furthermore, key market players are focusing on strategic partnerships to provide customers with enhanced products. These players are also focusing on mergers and acquisitions (M&A), which is projected to increase their overall sales and profitability.
IMARC Group provides an analysis of the key trends in each sub-segment of the global trash bags market, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on type, material, size, distribution channel and end user.
Breakup by Type:
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Breakup by Material:
Breakup by Size:
Breakup by Distribution Channel:
Breakup by End User:
Breakup by Region:
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The competitive landscape of the industry has also been examined along with the profiles of the key players being Berry Global Inc., Cosmoplast Industrial Company (L.L.C.) (Harwal Group of Companies), Four Star Plastics, Inteplast Group Corporation, International Plastics Inc., Luban Packing LLC, Mapco (Pvt) Ltd., Novolex, NOVPLASTA CZ s.r.o., Poly-America L.P., Reynolds Consumer Products, The Clorox Company and Universal Plastic Bags.
|Base Year of the Analysis||2021|
|Segment Coverage||Type, Material, Size, Distribution Channel, End User, Region|
|Region Covered||Asia Pacific, Europe, North America, Latin America, Middle East and Africa|
|Countries Covered||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico|
|Companies Covered||Berry Global Inc., Cosmoplast Industrial Company (L.L.C.) (Harwal Group of Companies), Four Star Plastics, Inteplast Group Corporation, International Plastics Inc., Luban Packing LLC, Mapco (Pvt) Ltd., Novolex, NOVPLASTA CZ s.r.o., Poly-America L.P., Reynolds Consumer Products, The Clorox Company and Universal Plastic Bags.|
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The global trash bags market was valued at US$ 10.4 Billion in 2021.
We expect the global trash bags market to exhibit a CAGR of 7.60% during 2022-2027.
The increasing awareness towards maintaining public health and hygiene, along with the emergence of biodegradable trash bags, is primarily driving the global trash bags market.
The sudden outbreak of the COVID-19 pandemic has led to the changing consumer inclination from conventional brick-and-mortar distribution channels towards online retail platforms for the purchase of trash bags.
Based on the type, the global trash bags market has been segmented into drawstring bags, star sealed bags, and others. Currently, star sealed bags hold the majority of the total market share.
Based on the material, the global trash bags market can be divided into high density polyethylene, low density polyethylene, linear low-density polyethylene, bio-degradable polyethylene, and others. Among these, low density polyethylene currently exhibits a clear dominance in the market.
Based on the distribution channel, the global trash bags market has been categorized into supermarkets and hypermarkets, convenience stores, specialty stores, online stores, and others. Currently, supermarkets and hypermarkets account for the majority of the global market share.
Based on the end user, the global trash bags market can be segregated into residential, commercial, and industrial. Among these, the residential sector currently holds the largest market share.
On a regional level, the market has been classified into North America, Asia-Pacific, Europe, Latin America, and Middle East and Africa, where Asia-Pacific currently dominates the global market.
Some of the major players in the global trash bags market include Berry Global Inc., Cosmoplast Industrial Company (L.L.C.) (Harwal Group of Companies), Four Star Plastics, Inteplast Group Corporation, International Plastics Inc., Luban Packing LLC, Mapco (Pvt) Ltd., Novolex, NOVPLASTA CZ s.r.o., Poly-America L.P., Reynolds Consumer Products, The Clorox Company, and Universal Plastic Bags.
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