Trash Bags Market

The trash bags market is projected to grow from USD 10.6 billion in 2023 to USD 13.7 billion by 2028, at a CAGR of 5.2% from 2023 to 2028. The trash bags market has observed stable growth throughout the study period and is expected to continue with the same trend during the forecast period. Growing awareness among individuals regarding hygiene maintenance and government initiatives to reduce plastic pollution is expected to drive the growth of the market in the upcoming years.

Attractive Opportunities in the Trash Bags Market

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Market Dynamics:

Driver: Rapid urbanization and economic development

Rapid urbanization and economic development in emerging economies worldwide have led to a rise in the generation of Municipal Solid Waste (MSW). People’s migration to cities is leading to growing urbanization. This has resulted in the increased generation of household waste. Trash bags offer a convenient method for garbage collection across homes, offices, hospitals, and hotels, among others. Higher economic standards and urbanization are expected to lead to an increase in the consumption of trash bags. According to a projection by the World Bank, the global MSW generation by urban residents is expected to reach 2.2 billion tons per year by 2025, which is expected to drive the demand for trash bags.

Restraint: Taxes and bans on the consumption of plastic bags

Governments of various countries levy taxes on non-biodegradable plastic bags. Additional regulations, such as the thickness of the bags manufactured, coupled with improper dumping and environmental concerns, are contributing to a reduction in the usage of plastic bags. For instance, in Ireland, the use of single-use plastic bags dropped by 90% after the implementation of a levy on its consumption. Various European countries, such as Denmark, Ireland, Wales, Scotland, Italy, and Germany have levied taxes on the consumption of plastic bags, as they account for 3% of all marine litter in Europe and are posing a serious threat to the marine ecosystem. In the US, California and Hawaii have banned the use of single-use plastic bags to reduce the damage caused to the environment. Thus, taxes and bans on the consumption of plastic bags are major factors restraining the growth of the trash bags market.

Opportunity: Increasing adoption of compostable trash bags

Plastic trash bags take over 1,000 years to decompose in landfills and are known to damage the environment. The increasing number of landfills around the world are leading to the rising demand for compostable and reusable bags. To reduce landfills, countries such as the Netherlands, the UK, and Japan recycle approximately 51%, 39%, and 20.8% of all the waste generated respectively. Moreover, the incineration of plastic waste for energy generation releases harmful gases, which adds to the growing demand for compostable and reusable trash bags. Corn starch and potato starch are being used to manufacture compostable trash bags to replace plastic trash bags.

Challenge: Environmental damage and risk to biodiversity

Over 5 trillion plastic bags, including trash bags and single-use plastic bags, are used every year and discarded, resulting in environmental pollution. Plastic bags are among the top 12 items of debris most often found along coastlines, posing a threat to aquatic life. Increasing awareness regarding the damage to the environment due to the use of plastic bags is leading to a reduction in the use of these products.

Trash Bags Market: Ecosystem

Prominent companies in this market include well-established, financially stable trash bag manufacturers. These companies have been operating in the market for several years and possess a diversified product portfolio and strong global sales and marketing networks. Prominent companies in this market include Berry Global Inc. (US), The Clorox Company (US), Novolex (US), Inteplast Group Ltd. (US), and Reynolds Consumer Products (US).

Based on type, the star sealed bags segment is projected to register the highest CAGR in the trash bags market during the forecast period

Star sealed trash bags, also known as X-seal bags, are the most commonly used durable bags exhibiting high leak and puncture resistance. These bags are available in various colors, customizable sizes, and thicknesses, so as to facilitate proper disposal of distinct kinds of waste, such as wet and dry waste. Star sealed bottom bags are considered to be environment-friendly, as these can reduce plastic waste by up to 25% with the use of recycled plastics.

Based on end use, the retail segment is projected to register highest CAGR in the trash bags market.

The retail segment is projected to register highest CAGR owing to its dominance. The retail segment leads in the overall consumption of trash bags across the globe. The global retail segment has been showing robust growth in recent years due to the increasing urban population and stringent regulations for handling waste for households.

Based on region, Asia Pacific is projected to register highest CAGR in the global trash bags market.

Asia Pacific is one of the leading exporters of trash bags in the world. Increasing construction activities, growing population, and rise in disposable incomes are some of the major factors promoting market expansion in this region. Potential markets in Asia Pacific include China and India, among Australia, Singapore, Japan, and South Korea. These countries provide considerable scope for the further development of trash bags market.

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Key Market Players

Berry Global Inc. (US), The Clorox Company (US), Inteplast Group Ltd. (US), Four Star Plastics (US), Novolex (US), International Plastics Inc. (US), Reynolds Consumer Products (US), Poly-America, L.P. (US), Cosmoplast (UAE), Novplasta (Slovakia)  are among the major players leading the market through their innovative offerings, enhanced production capacities, and efficient distribution channels.

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Scope of the Report

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This research report categorizes the trash bags market based on material, type, size, distribution  channel, end-use, and region.

Based on material, the trash bags market has been segmented as follows:

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

Based on type, the trash bags market has been segmented as follows:

• Draw Tape/ Drawstring Bag
• Star Sealed Bags
• Others

Based on size, the trash bags market has been segmented as follows:

• Small Size (3 to <13 Gallon)
• Medium Size (>13 to <50 Gallon)
• Large Size (>50 Gallon)

Based on distribution channel, the trash bags market has been segmented as follows:

• Supermarkets/Hypermarkets
• Convenience Stores
• Specialty Stores
• E-Commerce
• Others

Based on end-use, the trash bags market has been segmented as follows:

• Retail
• Institutional
• Industrial

Based on the region, the trash bags market has been segmented as follows:

• Asia Pacific
  • China
  • India
  • Japan
  • South Korea
  • Rest of Asia Pacific
• Europe
  • Germany
  • UK
  • France
  • Greece
  • Russia
  • Poland
  • Italy
  • Rest of Europe
• North America
  • US
  • Canada
  • Mexico
• South America
  • Brazil
  • Argentina
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • Nigeria
  • South Africa
  • Rest of Middle East & Africa

Recent Developments

• In May 2023, Reynolds Consumer Products launched Hefty Ultra Strong with a fabulous lemon scent. It is generally made for kitchen trash and works to keep homes smelling fresh.
• In September 2022, Novolex invested USD 10 million to expand its plastic bag and polyethylene film recycling capacity at its facility in North Vernon, Indiana. This strategic move demonstrates Novolex's commitment to promoting recycling and furthering its capabilities in the sustainable management of plastic materials.
• In April 2022, Apollo Funds have completed the acquisition of a majority stake in Novolex. The intent is to drive innovation and growth.

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