Bagging Sustainability: Garbage Bag Market Trends 2023-2029


Posted October 30, 2023 by aishwaryammr

Garbage Bag Market size was valued at US$ 1.94 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 6.7% through 2023 to 2029, reaching nearly US$ 3.06 Bn.
 
Garbage Bag Market Overview:

The Maximize Market Research report analyses the global Garbage Bag Market in depth, precisely, and comprehensively, with a focus on market dynamics, market competition, regional growth, segment analysis, and important growth strategies. The analysis contains information on market growth as well as market segmentation like regions, product type, application, and end-use industry. Analyst creates comprehensive and precise marketing research reports using the most up-to-date Garbage Bag Market research techniques and technology. This analysis covers a wide range of industry verticals along with a thorough examination of the Garbage Bag market size and share.

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Garbage Bag Market Scope:

The report goes over demand estimates, market trends, and micro and macro variables in great detail. This study also highlights the elements that are driving and impeding the market's growth. The MMR Matrix in the study gives information on prospective investment opportunities to both existing and new market participants. To provide market insights, the research use analytical approaches such as Porter's five forces analysis and PESTLE of the Garbage Bag market. The research also looks at current market trends and forecasts for the years 2021-2027. The study also uncovered important impending advancements that would have an impact on demand over the anticipated timeframe.


Garbage Bag Market Segmentation:

The market is divided into four segments based on the kind of material: polypropylene, low-density polyethylene, high-density polyethylene, low-density polyethylene, and others. By 2029, the high-density polyethylene category is anticipated to command the greatest market shares, estimated at x%. This is because, in comparison to other material types, high-density polyethylene waste bags are comparatively affordable and able to support a significant amount of weight.

The market is divided into five categories: 7–16 gallons, 20–30 gallons, 32–35 gallons, 40–48 gallons, and +55 gallons, based on size. During the projected period, the 7–16 gallon size category is anticipated to grow quickly at a CAGR of xx%. Garbage bags sized 7 to 16 gallons are suitable for use in a variety of settings, including homes, restaurants, retail centers, and businesses. Additionally, they are more manageable to carry than smaller garbage bags, which reduces the mess that results from trash spilling out of the bags. Larger garbage bags (seven to sixteen gallons) work best for larger amounts of waste and can tear smaller bags.

The market is divided into Retail & Consumer, Institutional, and Industrial segments based on the End-User. Over the course of the projection period, the Retail & Consumer end-user category is anticipated to increase at a CAGR of xx%. Because of the enormous amount of garbage produced, retailers and consumers are predicted to expand at the quickest rate, followed by industrial and institutional. The primary forces propelling the market's growth are individual consumers, local packaging companies, and retailers who prioritize product delivery inside their markets.

1 Global Garbage Bag Market, by Material Type (2022-2029)
• Low-density polyethylene
• Liner low density polyethylene
• High-density polyethylene
• Polypropylene
• Others
2 Global Garbage Bag Market, by Size (2022-2029)
• 7-16 gallons
• 20-30 gallons
• 32-35 gallons
• 40-48 gallons
• +55 gallons
3 Global Garbage Bag Market, by End-User (2022-2029)
• Retail & Consumer
• Institutional
• Industrial

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Garbage Bag Market Key Players

1. Allied Plastics
2. Berry Plastic Corporation
3. Clorox Australia Pty Limited
4. Cosmoplast
5. Heyuan Ruijian Plastic Products Co., Ltd.
6. International Plastics
7. Kemii Garbage Bag Co. Ltd.
8. Luban Pack
9. Novplasta
10. S.R.O.
11. Terdex
12. Dagoplast
13. Pack-It
14. MirPack
15. Luban Pack
16. Novolex
17. Extrapac
18. Clorox Australia
19. Achaika Plastic
20. Kemii Garbage Bag Co.
21. Reynolds Consumer Products
22. Inteplast Group
23. Four Star Plastics
24. International Plastics
25. Primax
26. Plasta

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Garbage Bag Market Regional Analysis:

Readers will be well-informed on the Garbage Bag market on a regional level thanks to the reports' regional insights. A meaningful assessment of potential policy options in response market changes across the globe, requires a thorough understanding of local energy, economic, political, and geographic characteristics. The research provides readers with regional insights that ensure the effects on Garbage Bag market and local growth prospects, as well as domestic area restraints.

Asia-Pacific (Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia)
Europe (Turkey, Germany, Russia UK, Italy, France, etc.)
North America (the United States, Mexico, and Canada.)
South America (Brazil etc.)
The Middle East and Africa (GCC Countries and Egypt.)
COVID-19 Impact Analysis on Garbage Bag Market:

The impact of COVID-19 on the Garbage Bag market is exhaustively examined in the research. As a result of the COVID-19 pandemic, analyst at Maximize Market Research, who are following the situation across the globe, believe that the market is expected to provide profitable opportunities for producers. The report's purpose is to provide a more comprehensive view of the current situation, the economic downturn, and the influence of COVID-19 on the whole Garbage Bag market.

Key Questions Answered:

This report presents analytical depiction of the global Garbage Bag market trade at the side of these trends and future estimations to work out the upcoming investment pockets.
The report presents information associated with key drivers, restraints, and opportunities at the side of elaborated analysis of the Garbage Bag market share.
The current market is quantitatively analysed from 2021 to 2027 to spotlight the world Garbage Bag market growth.
Porter’s 5 forces analysis demonstrates the efficiency of consumers & suppliers within the market.
Who Are the Global Key Players in This Garbage Bag Market? What are their Company Profile, Their Product Information, and Contact Information?
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Issued By Aishwarya
Phone  +91 9607365656
Business Address MAXIMIZE MARKET RESEARCH PVT. LTD. 3rd Floor, Navale IT Park Phase 2,
Pune Bangalore Highway, Narhe, Pune, Maharashtra 411041, India.
Country India
Categories Science
Tags garbage bag market , garbage bag market share , garbage bag market size
Last Updated October 30, 2023