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Garbage Bag Market Size, Share & Industry Analysis, By Product Type (Recyclable Bags, Non-Recyclable Bags), By Distribution Channel (Convenience Stores, Hypermarkets & Supermarkets, Online Stores, Others), By End-User (Residential, Commercial , Industrial) and regional Forecast, 2024-2032
Report Format: PDF | Published Date: Ongoing | Report ID: FBI104273 | Status : UpcomingThe global garbage bag market size is expected to showcase substantial growth in the foreseeable future. Garbage bags are commonly used among households and other places for the storage and disposal of waste. Such products are effectively helpful in wrapping up the trash which thereby minimizes the odour of the garbage. People largely purchase garbage bags of different sizes such as 0-9 gallons, 10-29 gallons, above 30 gallons, and others for their various kitchen, hall, and bedroom cleaning needs.
Nowadays, companies are introducing different types of trash bags to implement various waste collection & disposable activities. For instance, in November 2019, The Glad Products Company introduced plant-based bin bags to provide sustainable garbage bags to the users as well as to spread awareness regarding the importance of recycling, reducing, and reusing among the users.
Increasing demand for easily disposable and eco-friendly garbage bags coupled with awareness regarding the usage of environmentally sustainable products is expected to drive garbage bag market growth. Additionally, growing awareness regarding hygiene and cleanliness among the people is largely fuelling the demand for such products.
Moreover, increasing housing facilities across the globe is likely to provide ease in the consumption of trash cans among households and thereby the trash bags. According to the U.S. Department of Housing and Urban Development, by the end of July 2020, U.S. housing sales value rose to USD 791,000, a 36.3% rise over the previous month. Additionally, some other factors such as the increasing number of population as well as urbanization rate across the globe provide long term demand for the products associated with the waste management activities.
Besides this, the uncertain occurrence of the COVID-19 outbreak has skyrocketed the consumer demand for personal hygiene & protection related products and thereby drive the market growth. However, governmental regulations related to the usage of plastic garbage bags have significantly impacted the growth of the garbage bag industry.
Key Players Covered:
- SARANTIS S.A.
- Polykar Industries Inc.
- The Glad Products Company
- Green Groundswell
- Plasticplace.com
- Lowe’s
- Staples Inc.
- Grove Collaborative Inc.
- Berry Global Inc.
- NOVPLASTA CZ
- s.r.o.
Segmentation:
The global garbage bag market is segmented based on product type, application, distribution channel, and geography.
By product type, the garbage bag industry is segmented into recyclable bags and non-recyclable bags. The recyclable bags segment is expected to hold a major share of the market as such bags can be easily disposed of and are more environmentally friendly compared to that of non-recyclable types. Additionally, recyclable trash bags are widely available in different sizes and are least prone to tearing compared to that of other types which results in the large consumer demand for recyclable garbage bags.
By distribution channel, the global garbage bag market is segmented into convenience stores, hypermarkets & supermarkets, online stores, and others. The hypermarkets & supermarkets segment is expected to hold a major share of the market owing to the availability of the wide variety of the cleaning and washing items in such stores which results in the large consumption of garbage bags from such stores. Additionally, the provision of discounts and coupons by such stores on the select product purchases is likely to attract the consumers towards purchasing the products from these stores.
Based on end-user, the global garbage bag market is segmented into residential, commercial, and industrial. The residential segment is expected to hold the largest share of the market owing to the large consumption of the garbage bags among households and residencies for the hygiene and cleanliness purposes.
Regional Garbage Bag Analysis:
By geography, the global garbage bag market is segmented into North America, Europe, Asia Pacific, South America, and Middle East & Africa.
The largest share of the North America region is attributed to the large volume of waste generated from the households and commercial places in the countries such as the United States, and Canada which results in the large consumption of garbage bags in the region. According to the report ‘Cutting the Waste’, presented by the CANADA’s Ecofiscal Commision, as of October 2018, each Canadian throws 400 kg. of solid waste and generates 2% of the global municipal solid waste each year. Moreover, the rapid urbanization rate, as well as the higher standard of living of the people, results in the large consumer spending for home hygiene products in the region.
Asia Pacific region is expected to be the fastest-growing segment on account of rising residential and commercial infrastructural facilities in countries such as India, Indonesia, and others in the Asia Pacific region which give rise to the demand for trash cans and bags in the region. According to the report, ‘National Realty’, presented by the National Real Estate Development Council, in December 2019, the Government of India, approved the provision of the 205,000 number of home facilities worth nearly USD 1,006.10 million in India under the ‘PMAYUrban’ scheme. This is likely to drive the residential infrastructural facilities in the region and thereby the market growth. Additionally, high population density as well as growing awareness regarding hygiene and cleanliness in countries such as India, and China is likely to drive the growth of the garbage bag market in the region.
Segmentation
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Key Industry Developments:
- In February 2020, The RKW Group, a German plastic film manufacturer expanded its waste bag production facilities by commissioning 2 production lines of capacity 3000 tonnes per year at the site of Echte, Germany.
- In June 2020, Polykar Industries Inc., a Quebec based American leader in sustainable packaging set up their plant at Ville Saint-Laurent. The plant has capacity to recycle 10,000 tonnes of commercial and industrial plastic waste annually and therefore can be efficiently utilized to develop a large volume of recyclable garbage bags.
- Global
- 2023
- 2019-2022