Dublin, Dec. 17, 2024 (GLOBE NEWSWIRE) -- The "Trash Bags - Global Strategic Business Report" report has been added to ResearchAndMarkets.com's offering.
The global market for Trash Bags was estimated at US$13.9 Billion in 2023 and is projected to reach US$22.5 Billion by 2030, growing at a CAGR of 7.1% from 2023 to 2030. This comprehensive report provides an in-depth analysis of market trends, drivers, and forecasts, helping you make informed business decisions. 
Report Features:
- Comprehensive Market Data: Independent analysis of annual sales and market forecasts in US$ Million from 2023 to 2030.
- In-Depth Regional Analysis: Detailed insights into key markets, including the U.S., China, Japan, Canada, Europe, Asia-Pacific, Latin America, Middle East, and Africa.
- Company Profiles: Coverage of major players in the Global Trash Bags Market such as Alpha Omega Plastic Manufacturing L.L.C., ALUF Plastics, Berry Global Inc., BioBag International AS, Complete Packaging & Shipping Supplies and more.
- Complimentary Updates: Receive free report updates for one year to keep you informed of the latest market developments.
The growth in the trash bags market is driven by several factors, including increasing urbanization, rising awareness of environmental sustainability, growing demand for convenient waste disposal solutions, and regulatory pressures on waste management practices. As urban populations expand, the volume of waste generated increases, leading to a higher demand for effective waste management solutions, including trash bags.
The rising awareness of environmental issues has also contributed to market growth, as consumers and businesses seek eco-friendly alternatives to traditional plastic trash bags. The shift towards biodegradable and compostable trash bags reflects this trend, driving innovation and investment in sustainable materials.
Furthermore, the growing emphasis on convenience and hygiene in waste disposal has led to an increased preference for trash bags in both residential and commercial settings. The ease of use and efficiency provided by trash bags make them essential for maintaining cleanliness and proper waste management.
Additionally, regulatory pressures on waste disposal practices are prompting municipalities and businesses to adopt more effective waste management solutions, including the use of trash bags. Emerging markets in Asia-Pacific and Latin America are witnessing increased urbanization and investment in waste management infrastructure, creating new opportunities for the trash bags market. With ongoing innovations, expanding applications across various sectors, and rising consumer demand for convenient and sustainable waste disposal solutions, the trash bags market is poised for sustained growth, driven by evolving industry needs and advancements in waste management technologies.
Key Insights:
- Market Growth: Understand the significant growth trajectory of the Drawstring Bags segment, which is expected to reach US$9.2 Billion by 2030 with a CAGR of a 7.3%. The Star Sealed Bags segment is also set to grow at 7.8% CAGR over the analysis period.
- Regional Analysis: Gain insights into the U.S. market, estimated at $3.6 Billion in 2023, and China, forecasted to grow at an impressive 10.7% CAGR to reach $5.5 Billion by 2030. Discover growth trends in other key regions, including Japan, Canada, Germany, and the Asia-Pacific.
Why You Should Buy This Report:
- Detailed Market Analysis: Access a thorough analysis of the Global Trash Bags Market, covering all major geographic regions and market segments.
- Competitive Insights: Get an overview of the competitive landscape, including the market presence of major players across different geographies.
- Future Trends and Drivers: Understand the key trends and drivers shaping the future of the Global Trash Bags Market.
- Actionable Insights: Benefit from actionable insights that can help you identify new revenue opportunities and make strategic business decisions.
Key Questions Answered:
- How is the Global Trash Bags Market expected to evolve by 2030?
- What are the main drivers and restraints affecting the market?
- Which market segments will grow the most over the forecast period?
- How will market shares for different regions and segments change by 2030?
- Who are the leading players in the market, and what are their prospects?
Some of the 38 companies featured in this Global Trash Bags market report include:
- Alpha Omega Plastic Manufacturing L.L.C.
- ALUF Plastics
- Berry Global Inc.
- BioBag International AS
- Complete Packaging & Shipping Supplies
- Four Star Plastics
- Inteplast Group
- Mapco (Pvt) Ltd.
- Novolex
- Novplasta CZ, s.r.o
- Polyethics Industries
- Polykar Industries Inc.
- Reynolds Consumer Products
- The Clorox Company
- Universal Plastic Bags
Key Attributes
| Report Attribute | Details |
| No. of Pages | 91 |
| Forecast Period | 2023-2030 |
| Estimated Market Value (USD) in 2023 | $13.9 Billion |
| Forecasted Market Value (USD) by 2030 | $22.5 Billion |
| Compound Annual Growth Rate | 7.1% |
| Regions Covered | Global |
Key Topics Covered
I. METHODOLOGY
II. EXECUTIVE SUMMARY
1. MARKET OVERVIEW
- Influencer Market Insights
- World Market Trajectories
- Global Economic Update
- Trash Bags - Global Key Competitors Percentage Market Share in 2024
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2024
2. FOCUS ON SELECT PLAYERS
3. MARKET TRENDS & DRIVERS
- Rising Demand for Waste Management Solutions Drives Trash Bag Market Growth
- Increasing Use in Household Waste Disposal Sets the Stage for Trash Bag Adoption
- Focus on Biodegradable Materials Propels Demand for Trash Bags
- Growing Use in Commercial Waste Expands Addressable Market for Trash Bags
- Emergence of Recyclable Trash Bags Bodes Well for Market Growth
- Increasing Applications in Industrial Waste Collection Drive Trash Bag Market
- Rising Use in Healthcare Facilities Expands Market for Trash Bags
- Integration with Smart Waste Bins Sets the Stage for Advanced Trash Bags
- Growing Demand for Large-Capacity Bags Supports Trash Bag Market
- Emergence of Scented Trash Bags Generates New Opportunities
4. GLOBAL MARKET PERSPECTIVE
III. MARKET ANALYSIS
IV. COMPETITION
For more information about this report visit https://www.researchandmarkets.com/r/kj5tkb
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