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Market Outlook
The global trash bags market is expected to grow from USD 10.3 billion in 2019 to USD 13.9 billion by 2025 at a CAGR of 5% over the forecast period of 2020-2025. The industry is driven by the increasing awareness regarding hygiene and rising disposable income. In developed nations, the adoption of trash bags is high in comparison to emerging markets. This can be attributed to the high disposable incomes in developed economies, resulting in high living standards.
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Properties and Applications
A trash bag refers to a plastic bag used for the disposal of household waste. The trash bags market can be divided on the basis of segments like material, type, end-use, and size.
The industry can be divided on the basis of its material type into high-density polyethylene, low density polyethylene, linear low-density polyethylene, and bio-degradable polyethylene, among others. The industry can be divided based on its type as drawstring and star sealed bags. The industry can be broadly categorised on the basis of its end-use into:
The industry can be classified on the basis of its size as 3 to <13 gallons, greater than 13 to less than 50 gallons, and above 50 gallons.
The EMR report looks into the regional trash bags markets like North America, Latin America, Europe, the Middle East and Africa, and the Asia Pacific.
Market Analysis
The trash bag consumption is rising globally and can be attributed to the rising population, resulting in increased waste generation. Increased disposable income and rising awareness regarding hygiene, particularly in developing nations, have resulted in the increased demand for trash bags. Star sealed segment is considered environmentally friendly as it is composed of recycled plastics and can reduce plastic waste by 25%. Their unique design structure helps to prevent leaks, messes, and spills and are compatible with all sizes of trash cans. The design structure of these bags allows both dry and wet waste to be held in them. In addition, star-sealed trash bags have a high capacity to carry waste, maintain equal weight distribution, and are user-friendly. The star sealed segment is predicted to account for the largest industry share in the global industry and is expected to grow rapidly during the forecast period. The lack of government support and taxes and bans on the consumption of plastic bags are some major constraints that may hamper the industry growth.
Competitive Landscape
The report presents a detailed analysis of the following key players in the global trash bags market, looking into their capacity, competitive landscape, and latest developments like capacity expansions, plant turnarounds, and mergers and acquisitions:
The EMR report gives an in-depth insight into the industry by providing a SWOT analysis as well as an analysis of Porter’s five forces.
Key Questions Answered in the Report:
1 Preface
1.1 Objectives of the Study
1.2 Key findings of the Study
2 Research Methodology
2.1 Data Extraction
2.2 Data Corroboration
2.3 Market Structure
2.4 Inference Data
3 Executive Summary
3.1 Market Overview
3.2 Market Analysis
4 Global Trash Bags Market Analysis
4.1 Global Trash Bags Market (2015-2019) & Forecast (2020-2025)
4.2 Global Trash Bags Market Breakup by Material
4.2.1 High Density Polyethylene (HDPE)
4.2.2 Low Density Polyethylene (LDPE)
4.2.3 Linear Low-Density Polyethylene (LLDPE)
4.2.4 Bio-Degradable Polyethylene
4.2.5 Others
4.3 Global Trash Bags Market Breakup by Material: Historical Market (2015-2019) & Forecast (2020-2025)
4.3.1 High Density Polyethylene (HDPE)
4.3.2 Low Density Polyethylene (LDPE)
4.3.3 Linear Low-Density Polyethylene (LLDPE)
4.3.4 Bio-Degradable Polyethylene
4.3.5 Others
4.4 Global Trash Bags Market Breakup by Size
4.4.1 3 to <13 Gallons
4.4.2 Greater Than 13 to Less Than 50 Gallons
4.4.3 Above 50 Gallons
4.5 Global Trash Bags Market Breakup by Size: Historical Market (2015-2019) & Forecast (2020-2025)
4.5.1 3 to <13 Gallons
4.5.2 Greater Than 13 to Less Than 50 Gallons
4.5.3 Above 50 Gallons
4.6 Global Trash Bags Market Breakup by Type
4.6.1 Drawstring Bags
4.6.2 Star Sealed Bags
4.7 Global Trash Bags Market Breakup by Type: Historical Market (2015-2019) & Forecast (2020-2025)
4.7.1 Drawstring Bags
4.7.2 Star Sealed Bags
4.8 Global Trash Bags Market Breakup by End-Use
4.8.1 Retail
4.8.2 Institutional
4.8.3 Industrial
4.9 Global Trash Bags Market Breakup by End-Use: Historical Market (2015-2019) & Forecast (2020-2025)
4.9.1 Retail
4.9.2 Institutional
4.9.3 Industrial
4.10 Global Trash Bags Market Breakup by Region
4.10.1 North America
4.10.1.1 United States of America
4.10.1.2 Canada
4.10.2 Europe
4.10.2.1 Germany
4.10.2.2 United Kingdom
4.10.2.3 France
4.10.2.4 Italy
4.10.2.5 Others
4.10.3 Asia Pacific
4.10.3.1 China
4.10.3.2 Japan
4.10.3.3 India
4.10.3.4 ASEAN
4.10.3.5 Others
4.10.4 Latin America
4.10.4.1 Brazil
4.10.4.2 Argentina
4.10.4.3 Mexico
4.10.4.4 Others
4.10.5 Middle East & Africa
4.10.5.1 Saudi Arabia
4.10.5.2 United Arab Emirates
4.10.5.3 Nigeria
4.10.5.4 South Africa
4.10.5.5 Others
4.11 Global Trash Bags Market Breakup by Region: Historical Market (2015-2019) & Forecast (2020-2025)
4.11.1 North America
4.11.1.1 United States of America
4.11.1.2 Canada
4.11.2 Europe
4.11.2.1 Germany
4.11.2.2 United Kingdom
4.11.2.3 France
4.11.2.4 Italy
4.11.2.5 Others
4.11.3 Asia Pacific
4.11.3.1 China
4.11.3.2 Japan
4.11.3.3 India
4.11.3.4 ASEAN
4.11.3.5 Others
4.11.4 Latin America
4.11.4.1 Brazil
4.11.4.2 Argentina
4.11.4.3 Mexico
4.11.4.4 Others
4.11.5 Middle East & Africa
4.11.5.1 Saudi Arabia
4.11.5.2 United Arab Emirates
4.11.5.3 Nigeria
4.11.5.4 South Africa
4.11.5.5 Others
5 SWOT Analysis
5.1 Overview
5.2 Strengths
5.3 Weaknesses
5.4 Opportunities
5.5 Threats
6 Porter’s Five Forces Analysis
6.1 Overview
6.2 Buyer’s Power
6.3 Supplier’s Power
6.4 New Entrants
6.5 Degree of Rivalry
6.6 Substitutes
7 Competitive Landscape & Supplier Analysis
7.1 Berry Global Inc.
7.2 The Clorox Company
7.3 Inteplast Group, Ltd.
7.4 International Plastics, Inc.
7.5 Cosmoplast Industrial Company (L.L.C.)
7.6 Novplasta, S.R.O.
7.7 BioBag International AS.
8 Events and Developments
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