Global
Trash Bags Market is valued approximately USD 9.1 billion in 2018 and is
anticipated to grow with a healthy growth rate of more than 4.9% over the
forecast period 2019-2026. The Trash Bags are used for the collection and
handling of waste. The trash market is mainly influenced by the health and
environmental awareness among the consumers. The supportive environmental
policies of maintaining healthy surrounding is implemented by governments of
various regions are likely to positively influence the garbage bag market in
the future. However, increasing disposable income of people is fostering the
demand for cost-effective and convenient trash bags, which will enhance the
growth of Trash Bag Market over the forecast period of 2019-2026. Trash bags
widely ranges its application in day to day life and are used in households,
college, offices, shops, restaurants, industries, etc. However, the rigid
environmental policies and taxation over the use of plastic bags to reduce the hazardous
environmental effects might hamper the Trash bag market in the upcoming years.
The
regional analysis of Global
Trash Bags Market is considered for the key regions such as Asia
Pacific, North America, Europe, Latin America and Rest of the World. The Asia
Pacific is the leading region across the world. China is the largest trash bags
market in Asia Pacific, followed by India. Countries like Italy, France are
applying a complete ban on HDPE plastics bags that are meant for single use.
Such bans, though restraining the growth of the market for HDPE garbage bags,
help to reduce the harmful effects of plastic bags on the environment. This is
one of the major restraining factors of the European market for garbage bag.
Whereas, Asia-Pacific is also anticipated to exhibit highest growth rate / CAGR
due to large volumes of produced garbage from urban agglomerations, over the
forecast period 2019-2026.
Major market player included in this
report are:
Berry
Global Inc.Danfoss
The
Clorox Company
Novolex
Inteplas
Group, Ltd.
Four
Star Plastics
International
Plastics, Inc.
Reynolds
Consumer Products
Poly-America,
L.P.
Cosmoplast
Industrial Company(L.L.C.)
Novplasta,
S.R.O.
The
objective of the study is to define market sizes of different segments &
countries in recent years and to forecast the values to the coming eight years.
The report is designed to incorporate both qualitative and quantitative aspects
of the industry within each of the regions and countries involved in the study.
Furthermore, the report also caters the detailed information about the crucial
aspects such as driving factors & challenges which will define the future
growth of the market. Additionally, the report shall also incorporate available
opportunities in micro markets for stakeholders to invest along with the
detailed analysis of competitive landscape and product offerings of key
players. The detailed segments and sub-segment of the market are explained
below: By Material:
High
Density Polyethylene(HDPE)
Low
Density Polyethylene(LDPE)
Linear
Low Density Polyethylene(LLDPE)
Bio-Degradable
Polyethylene
Other
Materials
By Size:
3
to <13 Gallons
Greater
Than 13 to Less Than 50 Gallons
Above
50 Gallons
By Type:
Drawstring
Bags
Star
Sealed Bags
Others
By End Use:
Retail
Institutional
Industrial
By Region:
North
America
U.S.
Canada
Europe
UK
Germany
Asia
Pacific
China
India
Japan
Latin
America
Brazil
Mexico
Rest
of the World
Furthermore,
years considered for the study are as follows:
Historical
year-2016, 2017
Base
year-2018
Forecast
period-2019 to 2026
Target
Audience of the Global Trash Bags Market in Market Study:
Key
Consulting Companies & Advisors
Large,
medium-sized, and small enterprises
Venture
capitalists
Value-Added
Resellers (VARs)
Third-party
knowledge providers
Investment
bankers
Investors
For more information, click on the
link below:
Contact Us:
Ken Research
Ankur Gupta, Head Marketing &
Communications
+91
9015378249