Garbage Bag Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecast, 2018–2026
Sarasota, FL -- (SBWIRE) -- 10/30/2018 -- Global Garbage Bag Market: Overview
A garbage bag or bin bag refers to a disposable bag that is used to collect, store, dispose, and handle garbage. 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. The increased popularity of the global garbage bag market can be attributed to the huge volumes of waste generated across the globe.
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Global Garbage Bag Market: Growth Factors
The major growth drivers in the global garbage bag market are 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 rise, which, in turn, contributes to the growth of the global garbage bag market. High-density polyethylene garbage bags boast of high tensile strength and high-cost-effectiveness among other high-performance features, which are expected to make these bags one of the most popular garbage bags in the global market in the upcoming years.
Strict environmental policies regarding the ban of plastic bags among other factors might hinder the growth of the global market for garbage bags.
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Global Garbage Bag Market: Segmentation
The global garbage bag market can be divided based on material type, size, and end-users. On the basis of material type, the garbage bag market can be segmented into polypropylene, linear low-density polyethylene (LLDPE), low-density polyethylene (LDPE), and high-density polyethylene (HDPE), among others. Owing to the fact that HDPE is inexpensive and can bear a considerable amount of weight as compared to other types of materials. The high-density polyethylene (HDPE) segment is expected to hold the largest market share in the upcoming years. Based on size, the garbage bag market can be classified into between 7–16 gallons, between 20–30 gallons, between 32–35 gallons, between 40–48 gallons, and more than 55 gallons. On the basis of end-users, the garbage bag market can be categorized into institutional, industrial, and retail and consumer.
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Global Garbage Bag Market: Regional Analysis
Based on regions, the global market for garbage bag can be divided into five main regions: North America, Asia Pacific, Europe, Latin America, and the Middle East and Africa. The Asia Pacific region is anticipated to be the fastest growing market for garbage bags across the globe in the upcoming years. This is 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 in the future, due to better standards of living of the middle-income groups.
Global Garbage Bag Market: Competitive Players
The key market players of the global market for garbage bag include Terdex, Dagoplast, Pack-It, Luban Pack, MirPack, Novolex, Extrapack, Cosmoplast, Clorox Australia, Kemii Garbage Bag Co., Achaika Plastic, Reynolds Consumer Products, Four Star Plastics, Inteplast Group, International Plastics, Heyuan Ruijian Plastic Products Co., Primax, Berry Plastic Corp., Plasta, and Allied Plastics, among several others.
Global Garbage Bag Market: Regional Segment Analysis
The Asia Pacific
The Middle East and Africa