IMARC Group, a leading market research company, has recently releases report titled “Trash Bags Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028.” The study provides a detailed analysis of the industry, including the global trash bags market share, size and  forecasts. The report also includes competitor and regional analysis and highlights the latest advancements in the market.

How Big is the Trash Bags Market?

The global trash bags market size reached US$ 11.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 17.6 Billion by 2028, exhibiting a growth rate (CAGR) of 7.32% during 2023-2028.

What are Trash Bags?

Trash bags, also known as garbage bags or refuse sacks, are essential products designed to efficiently manage waste in both residential and commercial settings. These bags are typically made from durable and puncture-resistant materials, such as high-density polyethylene (HDPE) or low-density polyethylene (LDPE), which offer exceptional strength to hold various types of waste securely. Trash bags come in various sizes and capacities, catering to the diverse needs of households, offices, restaurants, and other businesses. They provide a hygienic and convenient way to collect and dispose of waste, ensuring a clean and organized environment. 

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What are the growth prospects and trends in the trash bags industry?

At present, the rapid urbanization and rising population worldwide, which is leading to a rise in waste generation, represent one of the key factors supporting the growth of the market. As urban areas are expanding, the need for efficient waste management solutions is becoming paramount, thereby driving the demand for high-quality and reliable trash bags. 

Additionally, the rising awareness about environmental issues and the importance of responsible waste disposal practices are motivating individuals and businesses to adopt sustainable alternatives. This shift is boosting the demand for eco-friendly trash bags made from biodegradable materials, as they offer a reduced environmental footprint without compromising on performance. 

Furthermore, the increasing preference for online shopping is encouraging consumers to seek convenient and reliable packaging solutions for their purchases, which is bolstering the growth of the market. 

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Type:
•    
Drawstring Bags
•    Star Sealed Bags
•    Others
 
Breakup by Material:
•    
High Density Polyethylene
•    Low Density Polyethylene
•    Linear Low-Density Polyethylene
•    Bio-Degradable Polyethylene 
•    Others
 
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
•    Others
 
Breakup by End User:
•    
Residential
•    Commercial
•    Industrial

Market 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

Who are the key players operating in the industry?

The report covers the major market players including:

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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