Global Garbage Bag Market size was valued at US$ 2.06 Bn. in 2023 and the total revenue is expected to grow at a CAGR of 6.7% through 2024 to 2030, reaching nearly US$ 3.25 Bn.Garbage Bag Market Overview:
The Global Garbage Bag market was valued at US $2.06 Bn. in 2023, and it is expected to reach US $ 3.25 Bn. by 2030 with a CAGR of 6.7% during the forecast period. Garbage bags are mostly made out of plastics and are commonly black. Generally, these bags are used to line the insides of dustbins or huge waste containers for the prevention of the insides of the waste containers from getting spoiled with waste.To know about the Research Methodology :- Request Free Sample ReportGlobal Garbage Bag Market Dynamics:
The major driving factor of the garbage bag market is the growing awareness for clean surroundings and raising awareness for effective and efficient waste management in developing countries. The huge volume of waste generated across the globe in turn, contributes to the growth of the market. The increased popularity of the global market can be attributed to the huge volumes of waste generated across the globe. The main growth drivers for the market are private consumers, retailers, and local packaging firms, which focuses more on delivering the product in the local market. However, strict environmental policies regarding the ban on plastic bags have hampered the growth of the garbage bag market.Global Garbage Bag Market Segment Analysis:
The Global Garbage Bag Market is segmented by Material Type, Size, and End-User. Based on the Material Type, the market is segmented into Low-density polyethylene, Liner low density polyethylene, High-density polyethylene, Polypropylene, and Others. High-density polyethylene segment is expected to hold the largest market shares of xx% by 2030. This is due to the high-density polyethylene garbage bags are relatively inexpensive and hold considerable weight compared to other material types. Based on the Size, the market is segmented into 7-16 gallons, 20-30 gallons, 32-35 gallons, 40-48 gallons, and +55 gallons. 7-16 gallons size segment is expected to grow rapidly at a CAGR of xx% during the forecast period. 7-16 gallons size of garbage bags can be utilized in offices, restaurants, homes, shopping complexes, and others. Furthermore, when compared to garbage bags with lower size, they are easier to carry, which eliminates the mess generated by rubbish falling from the garbage bags. Garbage bags with a size of 7-16 gallons are ideal for trash that is heavier and may shred garbage bags with smaller sizes. Based on the End-User, the market is segmented into Retail & Consumer, Institutional, and Industrial. Retail & Consumer end-user segment is expected to grow rapidly at a CAGR of xx% during the forecast period. Retailer & consumer is expected to be the fastest-growing market due to the huge volume of waste generated followed by industrial and institutional. The main growth drivers for the market are private consumers, retailers, and local packaging firms they focus more on delivering the product in the local market.Regional Insights:
North America dominates the Garbage Bag market during the forecast period 2024-2030. North America is expected to hold the largest market shares of xx% by 2030. This is due to the huge amounts of waste are generated in the countries residences and commercial places in the countries like united states (US) and Canada, resulting in the huge consumption of garbage bags in North America region. This is the key factor that drives the growth of North America region in the global market during the forecast period. Asia Pacific is expected to grow rapidly at a CAGR of xx% during the forecast period. Asia Pacific region is expected to be the fastest-growing market for garbage bags across the globe during the forecast period due to the growing need for an effective and efficient system of waste management, especially in developing countries like India and China. These are the major factor that boost the growth of Asia Pacific region in the global market during the forecast period. The objective of the report is to present a comprehensive analysis of the Global Market to the stakeholders in the industry. The past and current status of the industry with the forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that include market leaders, followers, and new entrants. PORTER, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers. The reports also helps in understanding the Global market dynamic, structure by analyzing the market segments and project the Global Garbage Bag Market size. Clear representation of competitive analysis of key players by product, price, financial position, product portfolio, growth strategies, and regional presence in the Market make the report investor’s guide.Global Garbage Bag Market Scope: Inquire before buying
Global Garbage Bag Market Report Coverage Details Base Year: 2023 Forecast Period: 2024-2030 Historical Data: 2018 to 2023 Market Size in 2023: US $ 2.06 Bn. Forecast Period 2024 to 2030 CAGR: 6.7% Market Size in 2030: US $ 3.25 Bn. Segments Covered: by Material Type Low-density polyethylene Liner low density polyethylene High-density polyethylene Polypropylene Others by Size 7-16 gallons 20-30 gallons 32-35 gallons 40-48 gallons +55 gallons by End-User Retail & Consumer Institutional Industrial Global Garbage Bag Market, by Region
Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) North America (United States, Canada and Mexico) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)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 Frequently Asked Questions: 1] What segments are covered in Garbage Bag Market report? Ans. The segments covered in Garbage Bag Market report are based on Material Type, Size, and End-User. 2] Which region is expected to hold the highest share in the Global Garbage Bag Market? Ans. North America is expected to hold the highest share in the Global Garbage Bag Market. 3] Who are the top key players in the Global Garbage Bag Market? Ans. Allied Plastics, Berry Plastic Corporation, Clorox Australia Pty Limited, Cosmoplast, Heyuan Ruijian Plastic Products Co., Ltd., and International Plastics are the top key players in the Global Garbage Bag Market. 4] Which segment holds the largest market share in the Global Garbage Bag market by 2030? Ans. High-density polyethylene material type segment hold the largest market share in the Global Garbage Bag market by 2030. 5] What is the market size of the Global Garbage Bag market by 2030? Ans. The market size of the Global Garbage Bag market is US $3.25 Bn. by 2030. 6] What was the market size of the Global Garbage Bag market in 2023? Ans. The market size of the Global Garbage Bag market was worth US $2.06 Bn. in 2023.
1. Global Garbage Bag Market: Research Methodology 2. Global Garbage Bag Market: Executive Summary 2.1 Market Overview and Definitions 2.1.1. Introduction to Global Garbage Bag Market 2.2. Summary 2.1.1. Key Findings 2.1.2. Recommendations for Investors 2.1.3. Recommendations for Market Leaders 2.1.4. Recommendations for New Market Entry 3. Global Garbage Bag Market: Competitive Analysis 3.1 MMR Competition Matrix 3.1.1. Market Structure by region 3.1.2. Competitive Benchmarking of Key Players 3.2 Consolidation in the Market 3.2.1 M&A by region 3.3 Key Developments by Companies 3.4 Market Drivers 3.5 Market Restraints 3.6 Market Opportunities 3.7 Market Challenges 3.8 Market Dynamics 3.9 PORTERS Five Forces Analysis 3.10 PESTLE 3.11 Regulatory Landscape by region • North America • Europe • Asia Pacific • The Middle East and Africa • Latin America 1.12 COVID-19 Impact 4. Global Garbage Bag Market Segmentation 4.1 Global Garbage Bag Market, by Material Type (2023-2030) • Low-density polyethylene • Liner low density polyethylene • High-density polyethylene • Polypropylene • Others 4.2 Global Garbage Bag Market, by Size (2023-2030) • 7-16 gallons • 20-30 gallons • 32-35 gallons • 40-48 gallons • +55 gallons 4.3 Global Garbage Bag Market, by End-User (2023-2030) • Retail & Consumer • Institutional • Industrial 5. North America Garbage Bag Market (2023-2030) 5.1 Global Garbage Bag Market, by Material Type (2023-2030) • Low-density polyethylene • Liner low density polyethylene • High-density polyethylene • Polypropylene • Others 5.2 Global Garbage Bag Market, by Size (2023-2030) • 7-16 gallons • 20-30 gallons • 32-35 gallons • 40-48 gallons • +55 gallons 5.3 Global Garbage Bag Market, by End-User (2023-2030) • Retail & Consumer • Institutional • Industrial 5.4 North America Garbage Bag Market, by Country (2023-2030) • United States • Canada • Mexico 6. Asia Pacific Garbage Bag Market (2023-2030) 6.1. Asia Pacific Garbage Bag Market, by Material Type (2023-2030) 6.2. Asia Pacific Garbage Bag Market, by Size (2023-2030) 6.2. Asia Pacific Garbage Bag Market, by End-User (2023-2030) 6.2. Asia Pacific Garbage Bag Market, by Country (2023-2030) • China • India • Japan • South Korea • Australia • ASEAN • Rest Of APAC 7. Middle East and Africa Garbage Bag Market (2023-2030) 7.1 Middle East and Africa Garbage Bag Market, by Material Type (2023-2030) 7.2. Middle East and Africa Garbage Bag Market, by Size (2023-2030) 7.2. Middle East and Africa Garbage Bag Market, by End-User (2023-2030) 7.4. Middle East and Africa Garbage Bag Market, by Country (2023-2030) • South Africa • GCC • Egypt • Nigeria • Rest Of ME&A 8. Latin America Garbage Bag Market (2023-2030) 8.1. Latin America Garbage Bag Market, by Material Type (2023-2030) 8.2. Latin America Garbage Bag Market, by Size (2023-2030) 8.2. Latin America Garbage Bag Market, by End-User (2023-2030) 8.4 Latin America Garbage Bag Market, by Country (2023-2030) • Brazil • Argentina • Rest Of Latin America 9. European Garbage Bag Market (2023-2030) 9.1. European Garbage Bag Market, by Material Type (2023-2030) 9.2. European Garbage Bag Market, by Size (2023-2030) 9.3. European Garbage Bag Market, by End-User (2023-2030) 9.4. European Garbage Bag Market, by Country (2023-2030) • UK • France • Germany • Italy • Spain • Sweden • Austria • Rest Of Europe 10. Company Profile: Key players 10.1 Allied Plastics 10.1.1. Company Overview 10.1.2. Financial Overview 10.1.3. Global Presence 10.1.4. Capacity Portfolio 10.1.5. Business Strategy 10.1.6. Recent Developments 10.2. Berry Plastic Corporation 10.3. Clorox Australia Pty Limited 10.4. Cosmoplast 10.5. Heyuan Ruijian Plastic Products Co., Ltd. 10.6. International Plastics 10.7. Kemii Garbage Bag Co. Ltd. 10.8. Luban Pack 10.9. Novplasta 10.10. S.R.O. 10.11. Terdex 10.12. Dagoplast 10.13. Pack-It 10.14. MirPack 10.15. Luban Pack 10.16. Novolex 10.17. Extrapac 10.18. Clorox Australia 10.19. Achaika Plastic 10.20. Kemii Garbage Bag Co. 10.21. Reynolds Consumer Products 10.22. Inteplast Group 10.23. Four Star Plastics 10.24. International Plastics 10.25. Primax 10.26. Plasta