Trash Bags Market - Global Industry Analysis 2015-2019 And Opportunity Assessment 2020-2030


Trash Bags  Market
  • To Be Published : Feb-2021 |
  • Status : Work in progress |
  • Format : Trash Bags  Market Trash Bags  Market Trash Bags  Market Trash Bags  Market

Trash Bags Market Outlook

A Trash Bags is a household appliance primarily used for waste food storage with protecting it from getting contaminated. A Trash Bags is used in almost all the houses and across the globe. There are different weights and different function Trash Bags. There is an increase in demand for Trash Bags due to an increase in hotels and homes. Nowadays, with the changing technology the Trash Bags is also changing, they are becoming multi-functional. Trash bag is a disposable bag used to contain rubbish. The Lack of Government Support is hindering the market growth. Moreover, an Increasing Use of Oxo-Biodegradable Additives provide an opportunity for market growth. Such bags are useful to line the insides of waste containers to prevent the insides of the container from becoming coated in waste material. Rapid urbanization and economic development are influencing the market growth.

Reasons for Covering Trash Bags

The demand for Trash Bags is increasing, with the growing population across the globe. The major reason to cover this topic is to see the growth of this market for the forecasted period. The demand for Trash Bags has decreased due to a growing concern for safety and security.  Due to awareness regarding hygiene and favorable government initiatives for efficient waste management, the consumption of trash bags is expected to remain high in these regions for the forecast period. The design structure of these bags illustrates their flexible nature and enables holding dry as well as wet waste. Besides their flexible nature, star sealed trash bags have high waste carrying capacities and maintain an equal distribution of weight and are considered user-friendly.

Trash Bags: Market Segmentation

The global Trash Bags market can be categorized on the following basis:

On the basis of Materials, the Trash Bags market has been segmented as-

  • Bio-Degradable Polyethylene
  • High Density Polyethylene
  • Low Density Polyethylene
  • Linear Low Density Polyethylene
  • Other Material

On the basis of Types Covered, the Trash Bags market has been segmented as-

  • Star Sealed Bags
  • Drawstring Bags
  • Other

On the basis of Weight, the Trash Bags market has been segmented as-

  • Greater than 13 to less than 70 Gallons
  • Above 70 Gallons
  • 3 to greater 13 gallons

On the basis of Price, the Trash Bags market has been segmented as-

  • Low
  • Medium
  • Premium

On the basis of End-Users, the Trash Bags market has been segmented as-

  • Retail
  • Institutional
  • Commercial Use
  • Industrial

On the basis of Sales Channel, the Trash Bags market has been segmented as-

  • Offline
    • Hypermarket and Supermarket
    • Specialty Store
    • Retail Store
    • Other
  • Online

Trash Bags Market: Regional Outlook

The evolution of Trash Bags in developing countries is estimated to have further growth opportunities in the global market. The Trash Bags market classified into seven key players: North America, Europe, Latin America, East Asia, South Asia, Oceania, and the Middle East & Africa. Asia Pacific is estimated to bounce back progressively with countries such as China, India, South Korea and Japan witnessing more opportunities to recover from the losses sustained during COVID-19. Increasing construction activities, rising populations, and growth in disposable incomes are some of the major factors attributed to the growth of the market in the region. Rising urbanization and industrialization are driving the consumption of trash bags for retail applications, which is growing at a significant rate, and the same trend is expected to continue in the coming years. Countries, such as China, Japan, South Korea, India, Singapore, and Australia are majorly driving growth in the Asia-Pacific region and provide considerable scope for the further development of the trash bags market. The Trash Bags market is excepted to grow by CAGR XXX for the forecasted period.

Trash Bags Market: Key Players

  • The global market players of Trash Bags consists of some leading players which are as follows: Reynolds Consumer Products, Poly-America, L.P., Plasta, Pack-It B.V., Novplasta, S.R.O., Mirpack TM, Luban Packing LLC, Kemii Garbage Bag Co. Ltd, International Plastics Inc., Inteplast Group Ltd., Four Star Plastics, Extrapack Ood, Cosmoplast Industrial Company L.L.C., Allied Propack Private Limited and Achaika Plastics S.A., and many others.

KEY DEVELOPMENTS:

  • Reynolds Consumer Products announced a monumental milestone for its groundbreaking Hefty Energy Bag program. The innovative program, stemming from the brand’s commitment to helping create end-of-life solutions for plastic waste across the United States, has officially diverted over one million pounds of hard-to-recycle plastics from landfills.
  • The Hefty Energy Bag program offers an innovative approach to diverting hard-to-recycle plastics, such as chip bags, stand-up pouches, foam containers, candy wrappers and juice pouches, from landfills and converting them into valuable resources.
     
  • Allied Propack Private Limited is focusing on high quality PE and PP plastics bags, tubing rolls, film rolls, Polyethylene (PE) shrink wrap films and liner packing. Therefore, we have with us a well defined quality paradigm, which allows us to follow stringent quality measures to ensure flawlessness in our range. Our experienced quality inspectors make us of various sophisticated testing machines to test our products on various quality parameters to ensure consistent quality. 
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