쓰레기봉투 시장 예측(-2030년) : 유형별, 재료별, 용량별, 유통 채널별, 최종사용자별, 지역별 세계 분석

According to Stratistics MRC, the Global Trash Bags Market is accounted for $13.98 billion in 2023 and is expected to reach $26.72 billion by 2030 growing at a CAGR of 9.7% during the forecast period. A trash bag is a waste bag that is used to contain solid waste. It is also referred to as a refuse sack, rubbish bag, garbage bag, bin liner, or trash bag. The primary purpose of trash bags is to prevent leaks and spills of liquid and solid garbage. To prevent waste from coating the interior of garbage cans, these bags are used to cover the interiors of the containers.

According to a new analysis by a University of Georgia researcher published in March 2022, these policies may cause more plastic bags to be purchased in their regions. According to the United States Environmental Protection Agency, plastics have been a rapidly growing part of municipal solid waste (MSW).

Market Dynamics:

Driver:

Advances in material technology

Innovations in materials have led to the development of stronger, more durable, and environmentally friendly options, addressing key concerns of consumers and businesses alike. The introduction of high-density polyethylene (HDPE) and low-density polyethylene (LDPE) materials has enhanced the tear resistance and load-bearing capacity of trash bags, making them suitable for heavier loads and rough handling. Additionally, the emergence of biodegradable and compostable materials offers eco-conscious consumers an environmentally sustainable alternative to traditional plastic bags, reducing the environmental impact of waste disposal.

Restraint:

Fluctuating raw material prices

The production of trash bags relies heavily on petroleum-based resins, primarily polyethylene, as a key raw material. Any fluctuations in the prices of crude oil and petrochemicals directly impact the cost of these resins, subsequently influencing the overall production costs for manufacturers. When raw material prices rise, manufacturers may face increased production expenses, leading to higher prices for trash bags or reduced profit margins. Conversely, during periods of low raw material prices, competitive pricing pressures may arise, limiting profit margins for manufacturers.

Opportunity:

Waste management regulations

Governments worldwide have implemented stringent regulations to address growing environmental concerns and promote proper waste disposal practices. These regulations often mandate the use of specific types of bags for waste collection and disposal, ensuring compliance with waste segregation and recycling requirements. As a result, there is a consistent demand for high-quality trash bags that meet regulatory standards, driving market growth. Additionally, these regulations encourage the adoption of eco-friendly alternatives, such as biodegradable and compostable trash bags, to minimize environmental impact.

Threat:

Limited recycling infrastructure

While consumers increasingly seek eco-friendly alternatives, including recyclable trash bags, the lack of adequate infrastructure for recycling plastic waste hampers their adoption and effectiveness. Insufficient facilities for collecting, sorting, and processing plastic waste hinder the recycling of trash bags, limiting the feasibility of closed-loop recycling systems. As a result, a considerable portion of plastic trash bags ends up in landfills or incinerators, contributing to environmental pollution and resource depletion. The absence of robust recycling infrastructure not only impedes efforts to reduce plastic waste but also undermines consumer confidence in recyclable options.

Covid-19 Impact:

Initially, the surge in demand for household essentials, including trash bags, was observed as consumers stockpiled supplies in response to lockdowns and stay-at-home orders. This led to a short-term spike in sales as people spent more time at home, generating increased waste. However, as the pandemic progressed, shifts in consumer behavior and economic uncertainties emerged. With restrictions easing and remote work becoming more prevalent, consumption patterns changed, affecting the demand for trash bags. Moreover, the economic downturn resulted in altered spending habits, with consumers opting for budget-friendly options, potentially impacting premium or eco-friendly segments of the market.

The Star Sealed Trash Bags segment is expected to be the largest during the forecast period

Star Sealed Trash Bags segment is expected to hold the largest share of the market throughout the projection period. The star seal design, characterized by multiple points converging at the center of the bag's bottom, offers superior strength and leak resistance compared to other sealing methods. This design prevents liquids and odors from leaking out, making star sealed trash bags particularly suitable for containing wet or heavy waste materials. Additionally, the enhanced strength and durability of star sealed bags make them ideal for demanding applications in both residential and commercial settings, such as restaurants, hospitals, and industrial facilities.

The Linear Low Density Polyethylene segment is expected to have the highest CAGR during the forecast period

Linear Low Density Polyethylene segment is booming at a rapid pace over the forecast period, due to its unique properties and versatile applications. LLDPE, a type of plastic resin, offers exceptional strength, flexibility, and puncture resistance, making it an ideal material for manufacturing trash bags. LLDPE exhibits superior tear resistance and load-bearing capacity, allowing for the production of thinner yet stronger trash bags. This results in cost savings for manufacturers and consumers while maintaining high performance standards. Moreover, LLDPE trash bags are highly versatile and suitable for a wide range of waste disposal needs, including both household and commercial applications.

Region with largest share:

Asia Pacific region commanded the largest market share over the extrapolated period. Rapid urbanization, population growth, and increasing disposable incomes in countries like China, India, and Japan have led to a surge in waste generation, driving the demand for trash bags. The presence of a large manufacturing base and the availability of cost-effective raw materials contribute to the growth of the trash bags market in Asia Pacific. Increased demand for disposable trash bags is predicted as consumers become more conscious of eco-friendly products. Trash bags are becoming more and more necessary as people's awareness of hygiene and cleanliness grows in the region.

Region with highest CAGR:

Europe region is projected to hold profitable growth throughout the forecast period. Consumers are actively seeking sustainable alternatives, prompting manufacturers to innovate and introduce biodegradable materials such as compostable plastics and recycled plastics in their products. The surge in urbanization and population density across European cities has escalated the need for efficient waste disposal solutions, further boosting the demand for trash bags. Regulations mandating the use of biodegradable or compostable materials in certain applications have spurred innovation within the industry, leading manufacturers to develop eco-friendly alternatives to traditional plastic bags.

Key players in the market

Some of the key players in Trash Bags market include Berry Global Inc, BioBag International AS, Cosmoplast Industrial Company LLC, International Plastics, Inc, Interplast Group, Ltd, Novolex, Polykar Industries Inc, Reynolds Consumer Products, The Clorox Company and Universal Plastic Bags.

Key Developments:

In October 2022, ECOSAC launches Ecopath- A Line of Biodegradable Consumer Products. Ecopath offers eco-friendly alternatives for daily use consumer products to 'Ecopaths,' who believe in environmentalism. These products made using responsibly sourced natural, and biodegradable raw materials range from coir dishwashing scrub pads, paper stem cotton buds, wooden toothbrushes, tongue cleaners, wooden combs, bamboo straws, wooden shaving brushes, and razors to compostable garbage bags named Kachra sack (which are widely available in all major supermarkets).

In September 2022, Novolex, one of the leaders in packaging choice, innovation, and sustainability, announced it had invested USD 10 million to expand its capacity to recycle plastic bags and another polyethylene film at its recycling facility in North Vernon, Indiana. The plant is one of two world-class film recycling facilities operated by the company.

In August 2022, Balenciaga launched a new line of products called 'bin bags.' This time, the French fashion house has launched a pouch inspired by the garbage bin bags' design.

Types Covered:

• Star Sealed Trash Bags
• Draw String Trash Bags
• T-Shirt Trash Bags
• Other Types

Materials Covered:

• Low Density Polyethylene
• High Density Polyethylene
• Linear Low Density Polyethylene
• Bio-Degradable Polyethylene
• Other Materials

Capacities Covered:

• 10-25 kg
• 25-50 kg
• 50-75 kg
• 75-100 kg
• 100-150 kg

Distribution Channels Covered:

• Specialty Stores
• Convenience Stores
• Supermarkets/Hypermarkets
• E-Commerce

End Users Covered:

• Hospitals
• Corporate Offices
• Commercial
• Residential
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2021, 2022, 2023, 2026, and 2030
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 End User Analysis
• 3.7 Emerging Markets
• 3.8 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Trash Bags Market, By Type

• 5.1 Introduction
• 5.2 Star Sealed Trash Bags
• 5.3 Draw String Trash Bags
• 5.4 T-Shirt Trash Bags
• 5.5 Other Types

6 Global Trash Bags Market, By Material

• 6.1 Introduction
• 6.2 Low Density Polyethylene
• 6.3 High Density Polyethylene
• 6.4 Linear Low Density Polyethylene
• 6.5 Bio-Degradable Polyethylene
• 6.6 Other Materials

7 Global Trash Bags Market, By Capacity

• 7.1 Introduction
• 7.2 10-25 kg
• 7.3 25-50 kg
• 7.4 50-75 kg
• 7.5 75-100 kg
• 7.6 100-150 kg

8 Global Trash Bags Market, By Distribution Channel

• 8.1 Introduction
• 8.2 Specialty Stores
• 8.3 Convenience Stores
• 8.4 Supermarkets/Hypermarkets
• 8.5 E-Commerce

9 Global Trash Bags Market, By End User

• 9.1 Introduction
• 9.2 Hospitals
• 9.3 Corporate Offices
• 9.4 Commercial
• 9.5 Residential
• 9.6 Other End Users

10 Global Trash Bags Market, By Geography

• 10.1 Introduction
• 10.2 North America
  • 10.2.1 US
  • 10.2.2 Canada
  • 10.2.3 Mexico
• 10.3 Europe
  • 10.3.1 Germany
  • 10.3.2 UK
  • 10.3.3 Italy
  • 10.3.4 France
  • 10.3.5 Spain
  • 10.3.6 Rest of Europe
• 10.4 Asia Pacific
  • 10.4.1 Japan
  • 10.4.2 China
  • 10.4.3 India
  • 10.4.4 Australia
  • 10.4.5 New Zealand
  • 10.4.6 South Korea
  • 10.4.7 Rest of Asia Pacific
• 10.5 South America
  • 10.5.1 Argentina
  • 10.5.2 Brazil
  • 10.5.3 Chile
  • 10.5.4 Rest of South America
• 10.6 Middle East & Africa
  • 10.6.1 Saudi Arabia
  • 10.6.2 UAE
  • 10.6.3 Qatar
  • 10.6.4 South Africa
  • 10.6.5 Rest of Middle East & Africa

11 Key Developments

• 11.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 11.2 Acquisitions & Mergers
• 11.3 New Product Launch
• 11.4 Expansions
• 11.5 Other Key Strategies

12 Company Profiling

• 12.1 Berry Global Inc
• 12.2 BioBag International AS
• 12.3 Cosmoplast Industrial Company LLC
• 12.4 International Plastics, Inc
• 12.5 Interplast Group, Ltd
• 12.6 Novolex
• 12.7 Polykar Industries Inc
• 12.8 Reynolds Consumer Products
• 12.9 The Clorox Company
• 12.10 Universal Plastic Bags