The latest research study “Trash Bags Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027” by IMARC Group, finds that 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 CAGR of 7.60% during 2022-2027.
Request a Free PDF Sample for more detailed market insights: https://www.imarcgroup.com/trash-bags-market/requestsample
Trash bags are plastic bags set inside the dustbin to hold the waste and keep the container clean. They are made from polyethylene, which is a petroleum-based product preferred due to its high strength and tear, chemicals, and moisture resistance properties. They come in various sizes, strengths, and colors, such as black, green, red, blue, and transparent. They are easy to use, cost-effective, lightweight, and aid in the disposal of sloppy and wet garbage, such as food scraps, while also helping store small and loose items to keep the products waterproof. As a result, trash bags find extensive applications in commercial, residential, and industrial spaces across the globe.
COVID-19Impact on Market: As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Trash Bags Market Trends and Drivers:
The market is primarily driven by the rising awareness among the masses about hygiene and the cleanliness of the environment. In addition, the rising waste generation owing to the increasing population and rapid urbanization is contributing to market growth.
Moreover, with the sudden outbreak of the coronavirus disease (COVID-19) pandemic, there has been a rising demand for hygiene and protection-related products, such as trash bags. Additionally, the escalating demand for easily disposable and eco-friendly garbage bags, along with rising awareness regarding the utilization of environmentally sustainable products, is providing a positive thrust to the market growth.
Furthermore, governments of numerous countries are promoting the usage of trash bags, sustainable garbage bag breakdown, and enhanced waste processing methods, which are accelerating the product adoption rate. Besides this, key players are focusing on strategic partnerships and mergers and acquisitions (M&A) to provide customers with advanced products, which is anticipated to propel market growth in the coming years.
Inquire Before Buying : https://www.imarcgroup.com/request?type=report&id=5341&flag=F
|Trash Bags Market Report Scope|
|Market size value in 2021||US$ 10.4 Billion|
|Market forecast in 2027||US$ 16.36 Billion|
|Growth Rate||CAGR of 7.60% from 2022 to 2027|
|Base year for estimation||2021|
Global Trash Bags Market 2022-2027 Analysis and Segmentation:
The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.
Trash Bags Companies:
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.
Ask Analyst for Customization and Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/trash-bags-market
The report has segmented the market on the basis of region, type, material, size, distribution channel and end user.
Breakup by Type:
- Drawstring Bags
- Star Sealed Bags
Breakup by Material:
- High Density Polyethylene
- Low Density Polyethylene
- Linear Low-Density Polyethylene
- Bio-Degradable Polyethylene
Breakup by Size:
- 3 to 13 Gallons
- 13 to 50 Gallons
- Above 50 Gallons
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Convenience Stores
- Specialty Stores
- Online Stores
Breakup by End User:
Breakup by Region:
- North America: (United States, Canada)
- Asia Pacific: (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe: (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America: (Brazil, Mexico, Others)
- Middle East and Africa
If you want latest primary and secondary data (2022-2027) with Cost Module, Business Strategy, Distribution Channel, etc. Click request free sample report, published report will be delivered to you in PDF format via email within 24 to 48 hours of receiving full payment.
Key highlights of the report:
- Market Performance (2016-2021)
- Market Outlook (2022- 2027)
- Porter’s Five Forces Analysis
- Market Drivers and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive Mapping of the Competitive Landscape
If you need specific information that is not currently within the scope of the report, we can provide it to you as a part of the customization.
IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.
Contact Us: https://biz-strategy.ae/
IMARC Services Private Limited.
30 N Gould St Ste R
Sheridan, WY 82801 USA – Wyoming
Tel No:(D) +91 120 433 0800
Americas:- +1 631 791 1145 | Africa and Europe :- +44-702-409-7331 | Asia: +91-120-433-0800, +91-120-433-0800