Trash Bags Market Research Report 2020-2025 Growth Analysis by Production, Driving Factors, Application, Challenges, Demand, Recent Development & Key Players
The global trash bags market is expected to reach nearly US $ 12.70 billion by 2025 with a CAGR of 4.7%. Growing demand for household waste bags could drive market demand during the forecast period.
Dallas, United States – October 23, 2020 /MarketersMedia/ —
APAC Likely to Offer High Growth Thrust with Burgeoning Demands Backed by Increasing Population and Waste Production
Backed by rapid urbanization garbage generation has assumed unprecedented levels and therefore best practices of garbage disposal encourages adoption of apt trash bags, instrumenting healthy growth in the market. Adroit Market Research unravels ongoing developments in trash bag market defined by product innovations and manufacturing policies that govern growth trajectory in trash bag market in its freshly collated report pinned in its dynamically growing data archive.
In recent years, owing to stringency towards using environmentally sustainable products to curb carbon footprint, trash bag companies are investing aggressively towards positioning novel trash bags made from sustainable raw materials.
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Besides maintaining the sustainability quotient high, leading manufacturers are also making highly robust and resilient offerings to suit multiple industrial applications where garbage handling and distribution play crucial roles. Some of the core functional attributes desired in ideal trash bags include leak lock, lightweight built, portability, resistance to climatic conditions, hygiene and cost efficiency. Additionally, of-late leading trash bags manufacturers are also offering biodegradable grade trash bags that have high recycling quotient to suit operations across households and commercial consumption alike.
Indonesian Manufacturer Offer Novel Trash bags with High Biodegradability Quotient
Lifestyle changes, growing consciousness and requisite government policies globally are attributed to strike million-dollar growth in trash bags market. The competitive landscape of trash bags space is highly volatile with several established players and occasional disruptions from the new ones adding to the league. Consumer tendencies towards using cheap and cost-efficient trash bags has made the market highly competitive as manufacturers strive to offer high grade quality in a desirable pricing range.
Countries such as India and China which are developing nations and have a burgeoning population burden, managing waste becomes highly crucial, thus furthering growth opportunities in trash bags market.
To reverse tremendous plastic burden, manufacturers globally are addressing the issue with adoption of biodegradable substitutes to offer novel trash bags. Echoing this, an Indonesian manufacturer has introduced new trash bags which are produced from plant roots and natural resins, eliminating all petroleum products. These new trash bags are biodegradable and degrade within 6 months with no harmful impact on the soil and environment at large.
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Key players serving the global trash bags market include:
Four Star Plastics, The Clorox Company, Novolex, Achaika Plastics S.A, Reynolds Consumer Products, Berry Global Inc, International Plastics, Inc., Inteplast Group, Ltd, Cosmoplast Industrial Company (L.L.C.), and Poly-America, L.P
Key segments of the Global Trash Bags Market
Type Overview, 2015-2025 (USD Million)
• Draw string bags
• Star sealed bags
• Others (T-shirt bags, bubble line mailers, retail bags)
Material Overview, 2015-2025 (USD Million)
• LDPE
• HDPE
• LLDPE (Linear low density polyethylene)
• Biodegradable bags
• Others (Paper, polymers)
Application Overview, 2015-2025 (USD Million)
• Industrial
• Institutional
• Retail
Regional Overview, 2015-2025 (USD Million)
• North America (U.S., Canada)
• Europe (Germany, United Kingdom, France, Rest of Europe)
• Asia Pacific (China, Japan, India, Rest of Asia Pacific)
• Latin America (Brazil, Mexico, Rest of Latin America)
• Middle East & Africa
Some Major Points from Table of Content (TOC):
Chapter 1 Introduction
1.1 Introduction to the Study
1.2 Market Definition and Scope
1.3 Units, Currency, Conversions and Years Considered
1.4 Key Stakeholders
1.5 Key Questions Answered
Chapter 2 Research Methodology
2.1 Introduction
2.2 Data Capture Sources
2.3 Market Size Estimation
2.4 Market Forecast
2.5 Assumptions and Limitations
Chapter 3 Executive Summary
Chapter 4 Market Outlook
Chapter 5 Trash Bags Market by Type
Chapter 6 Trash Bags Market by Material
Chapter 7 Trash Bags Market by End-user
Chapter 8 Trash Bags Market by Region
Chapter 9 Company Profiles
Chapter 10 Competitive Landscape
What does the report include?
• The study covers qualitative and quantitative analysis of the market segmented on the basis of applications and product. Moreover, the study provides similar information for the key geographies.
• The study on the global trash bags market includes analysis of qualitative market indicators such as drivers, restraints, challenges and opportunities
• Actual market sizes and forecasts have been provided for all the considered segments
• Additionally, the market competition has been evaluated using the Porter’s five forces analysis
• The study includes the profiles of key players in the market with a significant global and/or regional presence
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About Us:
Adroit Market Research is a global business analytics and consulting company incorporated in 2018. Our target audience is a wide range of corporations, manufacturing companies, product/technology development institutions and industry associations that require understanding of a market’s size, key trends, participants and future outlook of an industry. We intend to become our clients’ knowledge partner and provide them with valuable market insights to help create opportunities that increase their revenues. We follow a code– Explore, Learn and Transform. At our core, we are curious people who love to identify and understand industry patterns, create an insightful study around our findings and churn out money-making roadmaps.
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