Global Garbage Bag Market was valued US$1.56 Bn in 2017 and is expected to reach US$2.63 Bn by 2026, at a CAGR of 6.75% during a forecast period. The garbage bag market is segmented into material type, size, end-user, and region. In terms of material type, global garbage bag market is classified into low-density polyethylene, linear low-density polyethylene, high-density polyethylene, polypropylene, and others. Based on size, global garbage bag market is divided into 7-16 gallons, 20-30 gallons, 32-35 gallons, 40-48 gallons, and +55 gallons. Further end-user, global garbage bag market is split into retail & consumer, institutional, and industrial. Based on regions, the global Garbage Bag Market is divided into five main regions are America, Europe, Asia-pacific, Latin America and Middle East & Africa. Garbage bags are mostly made out of plastics and are mostly black in color. Generally, these bags are used to line the insides of dustbins or huge waste containers for the prevention of the insides of the waste containers from getting spoiled with waste. In terms of material type, High-density polyethylene material type segment is expected to register highest CAGR during the forecast period due to high-density polyethylene garbage bags are relatively inexpensive and hold considerable weight compared to other material types. Based on end-user, retailer & consumer is anticipated to be the fastest growing market due to the huge volume of waste generated followed by industrial and institutional. The main growth drivers for the market are private consumers, retailers, and local packaging firms they focus more on delivering the product in the local market. The major driving factor of global garbage bag market is the growing awareness for clean surroundings and raising awareness for effective and efficient waste management in developing countries. The huge volume of waste generated across the globe is also on the upsurge, which, in turn, contributes to the growth of the global garbage bag market. The increased popularity of the global garbage bag market can be attributed to the huge volumes of waste generated across the globe. The main growth drivers for the market are private consumers, retailers, and local packaging firms, which focuses more on delivering the product in the local market. Strict environmental policies regarding the ban of plastic bags have hampered the growth of the global market for garbage bags. Based on regions, Asia Pacific region is anticipated to be the fastest growing market for garbage bags across the globe during the forecast period due to the growing need for an effective and efficient system of waste management, especially in developing countries like India and China. The European and North American regions are expected to hold a substantial share in the market for garbage bag throughout forecast period due to better standards of living of the middle-income groups. Some of the key players in the global garbage bag market are Allied Plastics, Berry Plastic Corporation, Clorox Australia Pty Limited, Cosmoplast, Heyuan Ruijian Plastic Products Co., Ltd., International Plastics, Kemii Garbage Bag Co. Ltd., Luban Pack, Novplasta, S.R.O., and Terdex.
Scope of Global Garbage Bag Market:
Global Garbage Bag Market, by Material Type:
• Low-density polyethylene • Linear low-density polyethylene • High-density polyethylene • Polypropylene • Others
Global Garbage Bag Market, by Size:
• 7-16 gallons • 20-30 gallons • 32-35 gallons • 40-48 gallons • +55 gallons
Global Garbage Bag Market, by End-user:
• Retail & Consumer • Institutional • Industrial
Global Garbage Bag Market, by Region
• North America • Europe • Middle East & Africa • Asia Pacific
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