Garbage Bag Market: Set to Surge to US$ 14,602.3 Million by 2034, Reflecting Growing Demand for Waste Management Solutions

With a year-on-year growth of 3.3%, the global garbage bag market soared to US$ 9,382.6 million in 2023. Projections suggest a robust 4.2% Compound Annual Growth Rate (CAGR) over the forecast period, propelling global sales to surge from US$ 9,681.0 million in 2024 to an estimated US$ 14,602.3 million by 2034. This trajectory reflects the persistent demand for efficient waste management solutions worldwide. As environmental awareness grows and urbanization accelerates, the garbage bag market is poised for substantial expansion, highlighting the critical role of these essential products in maintaining cleanliness and hygiene standards across various sectors.

The global adoption of plant-based garbage bag is expected to experience substantial growth, driven by increasing demand for sustainable suppliers and the implementation of green skill development programs worldwide. This suggests promising and lucrative growth opportunities for manufacturers operating in the garbage bags market in the years to come.

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The United States garbage bag market is set to witness substantial growth, with an estimated value of US$ 1,841.7 million in 2024, projected to escalate to US$ 2,600.9 million by 2034. The overall demand for garbage bags in the U.S. is anticipated to experience a commendable Compound Annual Growth Rate (CAGR) of 3.5%. This growth is propelled by various factors, including the increasing adoption of garbage bags in residential, commercial, and industrial settings. Key drivers/trends contributing to this surge include the rising emphasis on hygiene and sanitation, the popularity of compostable scented garbage bags, easy availability on online platforms, and ongoing innovations in materials and designs.

Plastic trash bags, primarily made from polyethylene, are highly favored for their durability and leak-proof qualities. The residential sector, in particular, witnesses significant demand for these bags, contributing to cleanliness in homes and communities. Furthermore, the evolving waste management landscape in the U.S., marked by zero-waste policies and the ban on single-use plastic bags in several states, is directing attention toward compostable garbage bags as a sustainable alternative.

Growth Drivers:

1. Urbanization and Population Growth: With rapid urbanization and population expansion, the demand for garbage bags increases, driven by increased waste generation in urban areas.
2. Environmental Awareness: Growing awareness about environmental issues and the importance of waste management drives the demand for eco-friendly garbage bags made from biodegradable or recycled materials.
3. Regulatory Measures: Stringent government regulations regarding waste disposal and the use of plastic bags incentivize the adoption of biodegradable and compostable garbage bags, promoting market growth in this segment.
4. Changing Lifestyles and Habits: Changing lifestyles, particularly in urban areas, where convenience is valued, lead to increased use of garbage bags for waste segregation and disposal.
5. Increased Disposable Income: Rising disposable income levels in emerging economies contribute to higher consumption rates, including the use of garbage bags for household and commercial purposes.
6. Innovations in Material and Design: Continuous innovations in garbage bag materials, such as stronger and more durable plastics or biodegradable alternatives, as well as innovative designs for easy handling and disposal, drive market growth by offering improved products to consumers.
7. E-commerce and Retail Expansion: The proliferation of e-commerce platforms and the expansion of retail distribution channels increase the accessibility of garbage bags to consumers, stimulating market growth.

Industry Trends:

1. Environmental Concerns: Despite the growth of eco-friendly options, the widespread use of traditional plastic garbage bags contributes to environmental pollution and raises concerns about plastic waste management.
2. Cost Factors: Biodegradable and compostable garbage bags are often more expensive to produce than traditional plastic bags, which can hinder their widespread adoption, especially in cost-sensitive markets.
3. Infrastructure Challenges: Inadequate waste management infrastructure, particularly in developing countries, poses challenges for the effective utilization and disposal of garbage bags, limiting market growth potential.
4. Consumer Preferences: Consumer preferences for convenience and affordability may prioritize traditional plastic garbage bags over eco-friendly alternatives, slowing the transition to sustainable options.
5. Competition from Alternatives: The availability of alternative waste disposal methods, such as reusable containers or composting, competes with the use of garbage bags, particularly in residential settings, affecting market demand.
6. Supply Chain Disruptions: Disruptions in the supply chain, including raw material shortages, transportation issues, or regulatory changes, can impact the availability and pricing of garbage bags, affecting market stability and growth.
7. Health and Safety Concerns: Concerns about the hygiene and safety of garbage bags, particularly in healthcare or food-related industries, may influence purchasing decisions and restrict market expansion in certain segments.

The Key Players Are-

• Terdex GmbH,
• Novplasta, S.R.O,
• Extrapack Ltd.,
• Dagoplast AS,
• International Plastic, Inc.,
• MirPack TM,
• Pack-It BV,
• Achaika Plastic S.A,
• Plasta.It
• Primax D.o.o.

are prominent players in the garbage bag market. The garbage bags Industry is fragmented and the Tier 1 players in the market hold 15–20% share in the global garbage bag market.

Key Findings From the Market Study on Garbage Bag

• Recovery will occur gradually, just like garbage bags. In 2021, the market is anticipated to expand by 0.1% year over year.
• By 2021, the U.S. will account for roughly 85% of sales in North America thanks to initiatives to promote efficient trash disposal.
• Growth in the U.K. after COVID-19 is likely to be impeded because the market is anticipated to see negative year-over-year growth in 2021.
• In 2021, Germany’s economy is predicted to continue to grow slowly, while France’s rubbish bag consumption is anticipated to increase.
• Japan and South Korea’s markets are anticipated to rebound, showing a remarkable rise in sales from 2022 onwards, despite slow growth in 2020–2021

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Key Segmentations

By Material Type:

• Polyethylene
• Polypropylene (PP)
• Others

By Capacity:

• EPS
• PUR
• VIP
• PCM
• Others

By End-use:

• Services
• Healthcare
• Industrial Product & Construction
• Retail
• Hospitality
• Other

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