The Trash Bags Market is Predict to reach $15.6 Billion by 2030, at a CAGR of 5.7%

Trash Bags Market Growth, Trends and Report Highlights

According to a new report, published by KBV research, The Global Trash Bags Market size is expected to reach $15.6 billion by 2030, rising at a market growth of 5.7% CAGR during the forecast period. In the year 2022, the market attained a volume of 3,079.5 Kilo Tonnes, experiencing a growth of 5.3% (2019-2022).

The Star Sealed segment is leading the Global Trash Bags Market by Type in 2022; thereby, achieving a market value of $7.3 Billion by 2030. Star sealed trash bags, alternatively referred to as X-seal bags, are the most frequently utilized long-lasting bags due to their exceptional resistance to leakage and puncture. These bags are available in various colors, sizes, and thicknesses, all of which are customizable to facilitate the proper disposal of dry and moist waste, among others. The environmental sustainability of star sealed bags is attributed to their ability to incorporate recycled plastics, which has the potential to mitigate plastic contamination significantly.

The Industrial segment is experiencing a CAGR of 6.1% during (2023 - 2030). Industries often require heavy-duty trash bags capable of withstanding sharp, heavy, or abrasive waste materials generated during manufacturing, construction, or industrial processes. They used in industrial settings endure demanding conditions without tearing or puncturing. Hence, the industries' generation of large quantities of garbage is driving the segment's growth.

The Europe region dominated the Global Trash Bags Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $5.3 Billion by 2030. The North America region is anticipated to grow a CAGR of 5.5% during (2023 - 2030). Additionally, The Asia Pacific region would witness a CAGR of 5.9% during (2023 - 2030).

Full Report: https://www.kbvresearch.com/trash-bags-market/

The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Berry Global Group, Inc., Cosmoplast Industrial Company L.L.C. (Harwal Ltd.), The Clorox Company, Novolex Holdings, Inc. (Apollo), Four Star Plastics, International Plastics, Novplasta, s.r.o, Inteplast Group, Poly-America, L.P. and Reynolds Consumer Products LLC.

Global Trash Bags Market Segmentation

By Type (Volume, Kilo Tonnes, USD Billion, 2019-2030)

• Star Sealed
• Drawstring
• Others

By End-Use (Volume, Kilo Tonnes, USD Billion, 2019-2030)

• Institutional
• Retail
• Industrial

By Geography (Volume, Kilo Tonnes, USD Billion, 2019-2030)

• North America
  • US
  • Canada
  • Mexico
  • Rest of North America
• Europe
  • Germany
  • UK
  • France
  • Russia
  • Spain
  • Italy
  • Rest of Europe
• Asia Pacific
  • China
  • Japan
  • India
  • South Korea
  • Singapore
  • Malaysia
  • Rest of Asia Pacific
• LAMEA
  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA

Companies Profiled

• Berry Global Group, Inc.
• Cosmoplast Industrial Company L.L.C. (Harwal Ltd.)
• The Clorox Company
• Novolex Holdings, Inc. (Apollo)
• Four Star Plastics
• International Plastics
• Novplasta, s.r.o
• Inteplast Group
• Poly-America, L.P.
• Reynolds Consumer Products LLC

Related Reports:

North America Trash Bags Market Size, Share & Analysis, 2030

• January-2024
• 96 Pages

LAMEA Trash Bags Market Size, Share, Growth & Trends, 2030

• January-2024
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Europe Trash Bags Market Size, Share & Growth Forecast, 2030

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Asia Pacific Trash Bags Market Size, Share & Forecast, 2030

• January-2024
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