Trash Bags Market

The use of trash bags in day to day life as a commodity use is expected to foster market growth across the world. The materials adopted for the manufacturing of trash bags may, however, vary according to the different regions of the world. The developed countries may prefer to use bio-degradable materials to reduce the carbon footprint. The increasing pollution may somehow hinder the market demand for trash bags made from polyethylene during the forecast period. The top-level manufacturer and their continuous focus on maintaining market hold through innovation & competitive prices may boost the market demand for trash bags during the forecast period.

The HDPE market has the highest demand in the market, followed by linear low-density polyethylene, LDPE, and others. In North America, the drive to promote recycling may force to adopt the use of recyclable polyethylene. Moreover, in Europe & developed regions the waste management facilities are well developed and then the trash bags used may be sorted and recycled accordingly. Due to these factors, the use of trash bags may reveal a gradual increase in trash bags consumption. The increasing consumption of plastics, rising pollution levels, increasing carbon footprint, and governmental levies and bans regarding the use of plastic may somehow affect market growth. The presence of paper, biodegradable polymers and the innovation of other new materials may help significant market growth. The use of trash bags is tremendous in the developed regions across the world especially in the household, hospitals, and other commercial sectors.

The use of trash bags in the commercial sector is mainly focused on the food & beverage sector that may address the market demand for trash bags due to the presence of online food delivery partners, the presence of kitchens, restaurants, may support the use of trash bags. Additionally, the use of trash bags in the pharmaceutical manufacturers and hospitals to properly sort the waste, food ingredients and food products manufacturers may support the market growth for trash bags in the near future.

The global trash bags market has been segmented based on type, material, application, and region. Based on the type the market is further segmented into drawstring bags, star sealed bags, and others. In 2019, drawstring bags held the largest market share.

Drawstring bags have usage in daily activities and is used for its accessibility, and space-saving characteristics. Mostly these bags are manufactured by using biodegradable polyethylene. They are used in hospitals, shopping complexes, household use & others. Star sealed bags are used for household use and in restaurants where there is the handling of liquids as they are leak-proof, and are conformable to trash cans of all sizes. Biodegradable bags mostly manufactured by using corn-based materials. These bags are strong and reliable, and can also be manufactured by using paper, organic materials, or polycaprolactone.

Moreover, based on the application the trash bags are further classified as industrial, institutional and retail use. In the industrial sector, these bags are utilized by biomedical services or pharma industries and others to dispose the hazardous waste. Institutional segment caters to the school, training/ coaching centers, colleges, and universities. This segment also uses trash bags according to the classification of waste as deployed by the government authorities. In the retail sector, trash bags may be used hypermarkets, supermarkets, clinics, household, and use. However, strict government regulations regarding the use of non-biodegradable LDPE may hinder the market growth during the forecast period.

The global trash bags market is anticipated to grow at a significant growth rate that may be dominated by Asia-Pacific. Secondly, the list is followed by North America, Europe, Latin America, and Middle East & Africa. Asia-Pacific dominated the global trash bags market in 2019 and is expected to grow at the highest pace through 2025.

In North America the use of trash bags in the domestic application, hospitals, industrial manufacturing sites, and biomedical research centers. In 2019, according to US census data and national consumer survey, around 310.43 billion Americans used trash bags and can liners. The most common use has been retail grocery bags. Europe is the hub for plastic packaging of food products that use trash bags for their waste disposal. In Europe, most of the trash bags are made by using recyclable materials ( post-consumer recyclable). In the German market, most of the 20Litres waste bags are manufactured by using HDPE. All these factors are expected to foster the market growth for trash bags during the forecast period. Asia-Pacific is the fastest-growing region for the use of trash bags, mainly due to its densely populated countries, developing economies, the use of trash bags almost in every household may increase the demand for trash bags in the near future. Additionally, the use of trash bags in hospitals & food joints (restaurants) may drive the market growth in this region. However, rising governmental levies may hamper market growth in this region. In Middle East & Africa, the consumer focus on Middle Eastern countries such as UAE due to its growing tourism is bound to attract the increasing number of hotels, restaurants that may eventually focus on the consumption of trash bags respectively. Similarly, the use of trash bags in household use may drive market growth in other regions of the world.