Trash Bags Market worth $13.7 billion by 2028 - Exclusive Report by MarketsandMarkets™

CHICAGO, Nov. 10, 2023 /PRNewswire/ -- The report "Trash Bags Market by Type (Star Sealed, Drawstring), Material, Size, End-Use (Retail, Institutional, Industrial), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, E-Commerce), and Region-Global Forecast to 2028", is projected to grow from USD 10.6 billion in 2023 to USD 13.7 billion by 2028, at a CAGR of 5.2% from 2023 to 2028. As the global population continues to increase, there is a rising need for trash bags to manage and dispose of waste generated by various sectors including retail, industrial, and institutional. Factors such as environmental concerns and technological innovations that influence product development and consumer preferences are expected to boost the trash bags market during forecast period.

Browse in-depth TOC on "Trash Bags Market".

154 – Tables

49 – Figures

196 – Pages

Download PDF Brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=221305449

By type, the drawstring segment accounted for the second-largest segment of the trash bags market in 2022.

The drawstring segment, by type, accounted for the second-largest market share of the trash bags market in 2022. Drawstring trash bags are the preferred choice in the North American retail segment in comparison to other trash bags, such as twist-tie or flapped trash bags. However, drawstring scented trash bags face some challenges while controlling malodors as these bags are large, difficult to manufacture due to complex building processes, and possess an open top configuration.

By end use, the institutional segment is the second-fastest growing segment of the trash bags market from 2023 to 2030.

Institutional trash bag users include offices, colleges, schools, restaurants, and hospitals. The consumption of trash bags has been growing in this segment in both emerging and developed economies due to the high demand for clean and hygienic surroundings. Active awareness for the reduction of food waste in landfills has resulted in a drop in waste food generation. This is directly impacting the consumption of trash bags from the institutional segment.

Request Sample Pages: https://www.marketsandmarkets.com/requestsampleNew.asp?id=221305449https://www.marketsandmarkets.com/requestsampleNew.asp?id=23313535 - utm_source=PRnewswire&utm_medium=Referal&utm_campaign=PaidPR

Asia Pacific is the second largest region in the trash bags market.

Asia pacific is among the leading generators of garbage municipal solid waste generation globally. Many countries in the Asia Pacific region have experienced rapid industrialization and urbanization, leading to increased waste generation. Additionally, some areas in the region may have limited or inadequate waste management infrastructure, which can contribute to higher levels of waste production.

The major players operating in the trash bags market include Berry Global Inc. (US), Cosmoplast (UAE), Four Star Plastics (US), The Clorox Company (US), International Plastics, Inc. (US), Novolex (US), Novplasta (Slovakia), Inteplast Group, Ltd. (US), Poly-America, L.P., (US), and Reynolds Consumer Products (US), and others. 

Browse Adjacent Market: Packaging Market Research Reports & Consulting

Related Reports:

Post-Consumer Recycled Plastics Market - Global Forecast to 2028

Biodegradable Plastics Market - Global Forecast to 2028

About MarketsandMarkets™ 

MarketsandMarkets™ has been recognized as one of America's best management consulting firms by Forbes, as per their recent report.

MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.

Earlier this year, we made a formal transformation into one of America's best management consulting firms as per a survey conducted by Forbes.

The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines - TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.

Built on the 'GIVE Growth' principle, we work with several Forbes Global 2000 B2B companies - helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.

To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA: +1-888-600-6441
Email: [email protected]

Research Insights: https://www.marketsandmarkets.com/ResearchInsight/trash-bag-market.asp

Visit Our Website: https://www.marketsandmarkets.com/

Content Source: https://www.marketsandmarkets.com/PressReleases/trash-bag.asp

Logo: https://mma.prnewswire.com/media/660509/MarketsandMarkets_Logo.jpg

SOURCE MarketsandMarkets