Asia-Pacific Trash Bags Market, By Type (Drawstring Trash Bags, Star Sealed Trash Bags, Flat Star Sealed Trash Bags, Flat Trash Bags, T-Shirt Trash Bags, Zipper Bags and Others), Material (High-Density Polyethylene, Low-Density Polyethylene, Linear Low-Density Polyethylene, Bio-Degradable Polyethylene and Others), Capacity (10-25 kg, 25-50 kg, 50-75 kg, 75-100 kg, 100-150 kg and more than 150kg), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, E-Commerce And Others), End-User (Laboratories, Institutions, Residential, Industries, Hospitals, Corporate Offices And Others) – Industry Trends and Forecast to 2030.
Asia-Pacific Trash Bags Market Analysis and Size
Trash bags are those bags which is utilized for the storage and disposal of garbage and is widely adopted by residential and commercial places. Further, the growing focus on exclusive ideas for the decomposition of trash bags and the availability of an extensive range of trash bags are likely to boost the demand of trash bags in the market. There are different types of trash bags available in the market such as blue trash bags, red trash bags, white trash bags, and black trash bags, and are used for different purposes such as in bathrooms, offices, healthcare facilities, kitchens and others are boosting the growth of the market during the forecast period.
Data Bridge Market Research analyses that the trash bags market was valued at USD 5130.84 million in 2022 and is expected to reach USD 8859.15 million by 2030, registering a CAGR of 7.00% during the forecast period of 2023 to 2030. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Asia-Pacific Trash Bags Market Scope and Segmentation
|
Report Metric
|
Details
|
|
Forecast Period
|
2023 to 2030
|
|
Base Year
|
2022
|
|
Historic Years
|
2021 (Customizable to 2015 - 2020)
|
|
Quantitative Units
|
Revenue in USD Million, Volumes in Units, Pricing in USD
|
|
Segments Covered
|
Type (Drawstring Trash Bags, Star Sealed Trash Bags, Flat Star Sealed Trash Bags, Flat Trash Bags, T-Shirt Trash Bags, Zipper Bags and Others), Material (High-Density Polyethylene, Low-Density Polyethylene, Linear Low-Density Polyethylene, Bio-Degradable Polyethylene and Others), Capacity (10-25 kg, 25-50 kg, 50-75 kg, 75-100 kg, 100-150 kg and more than 150kg), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, E-Commerce And Others), End-User (Laboratories, Institutions, Residential, Industries, Hospitals, Corporate Offices And Others)
|
|
Countries Covered
|
Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific
|
|
Market Players Covered
|
Pack-It (Netherlands), Emil Deiss KG (Germany), Dagoplast (Europe), Achaika Plastics S.A (Greece), Terdex GmBH (Germany), Berry Global Inc., (U.S.), The Clorox Company, (U.S.), Novolex, (U.S.), Reynolds Consumer Products, (U.S.), Inteplast Group, (U.S.), Poly-America, L.P., (U.S.), International Plastics, Inc., (U.S.), Four Star Plastics, (US), Cosmoplast Industrial Company (L.L.C.) (U.A.E), NOVPLASTA, s.r.o., (Slovakia). BioBag International AS (Norway)
|
|
Market Opportunities
|
|
Market Definition
Trash bags are disposable bags that allow the user to securely contain his trash without the problems of leakage. Trash bags are typically made of plastics that come in a range of sizes and options. Trash bags are used for waste materials disposal, collection, storage and transportation. A trash bag is also a household appliance mainly used to store waste food to prevent it from getting contaminated. Trash Bags is used in all houses in all over the world.
Asia-Pacific Trash Bags Market Dynamics
Drivers
- Changing consumer preference
This significant growth in the Asia-Pacific trash bags market size can be immensely attributed to the changing preference of consumers to dispose of waste in a sanitary way. Most considerably, trash bags are witnessed to offer means for households to aid the environment by decreasing garbage or disposing of recyclables, which might otherwise end up getting littered in public places and backyards. Thus, the changing consumer preference regarding the usage of trash bags is expected to drive the market's growth rate.
- Increasing usage of trash bags in several industries
Trash bags are extensively used in the industrial, retail, and institutional areas. Demand for star-sealed bottom trash bags is high due to increased storage capacities and durability. Drawstring garbage bags are extensively used in the retail sector. Large amount of waste is generated from several places and areas such as schools, offices, commercial buildings, markets, restaurants, homes, industries, agriculture which will boost the demand of the trash bags and drive the market growth rate.
Opportunities
- Increasing public awareness
Growing consumer or public awareness regarding sanitation and cleanliness, coupled with a rise in waste output throughout, is a major driver which reshaping the landscape for major market players in the trash bags market. Augmented focus on new trash bag breakdown processes or methods is expected to increase the usage of these trash bags and generate lucrative opportunities for the growth of the trash bags market during forecast period of 2023 to 2030.
- Increasing focus on the production of biodegradable products
The manufacturers are highly focused on manufacturing biodegradable and eco-friendly trash bags. Some factors such as, ban on the usage of single-use plastic bags and imposing bans on plastic materials for the reduction of carbon footprint will provide immense opportunities for the trash bag producers to manufacture recyclable or disposable trash bag that will support their business activities.
Restraints/ Challenges
- Restrictions on using plastic trash bags
Numerous governments in Asia-Pacific are imposing restrictions on the use of plastic trash bags to reduce their plastic footprint. The government stringent regulations are expected to ban on the use of plastics which will impact the growth of trash bags market in Asia-Pacific and will obstruct the market's growth rate.
This trash bags market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growth application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the trash bags market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Trash Bags Market
The outbreak of Covid-19 has positively impacted Asia-Pacific's trash bag market industry. In coronavirus pandemic period, Asia-Pacific trash bags market have a slight impact. Increasing awareness of among public regarding hygiene, cleanliness, and immunity and concern for protecting themselves from germs and other contaminants have increased the demand for trash bags during pandemic. Moreover, people were more attentive to purchasing necessary products such as food, personal care, and hygiene products. Thus, covid-19 left positive impact on trash bags market.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Asia-Pacific Trash Bags Market Scope
The trash bags market is segmented on the basis of type, material, capacity, distribution channel and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
- Drawstring Trash Bags
- Star Sealed Trash Bags
- Flat Star Sealed Trash Bags
- Flat Trash Bags
- T-Shirt Trash Bags
- Zipper Bags
- Others
Material
- High-Density Polyethylene
- Low-Density Polyethylene
- Linear Low-Density Polyethylene
- Bio-Degradable Polyethylene
- Others
Capacity
- 10-25 kg
- 25-50 kg
- 50-75 kg
- 75-100 kg
- 100-150 kg
- More than 150 kg
Distribution Channel
- Supermarkets/Hypermarkets
- Convenience Stores
- Specialty Stores
- E-Commerce
- Others
End-User
- Laboratories
- Institutions
- Residential
- Industries
- Hospitals
- Corporate Offices
- Others
Trash Bags Market Regional Analysis/Insights
The trash bags market is analyzed and market size insights and trends are provided by country, type, material, capacity, distribution channel and end-user as referenced above.
The countries covered in the trash bags market report are Japan, China, India, South Korea, Australia and New Zealand, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific.
China dominates Asia-Pacific trash bags market in term of manufacture and consumption of films. China is leading in Asia-Pacific due to the availability of low-expense raw material which is used for manufacturing trash bags. Increasing business and awareness regarding the usage of trash bags among consumers will likely to boost the market growth.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Trash Bags Market Share Analysis
The trash bags market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to trash bags market.
Some of the major players operating in the trash bags market are:
- Pack-It (Netherlands)
- Emil Deiss KG (Germany)
- Dagoplast (Europe)
- Achaika Plastics S.A (Greece)
- Terdex GmBH (Germany)
- Berry Global Inc., (U.S.)
- The Clorox Company, (U.S.)
- Novolex, (U.S.)
- Reynolds Consumer Products, (U.S.)
- Inteplast Group, (U.S.)
- Poly-America, L.P., (U.S.)
- International Plastics, Inc., (U.S.)
- Four Star Plastics, (U.S.)
- Cosmoplast Industrial Company (L.L.C.) (U.A.E)
- NOVPLASTA, s.r.o., (Slovakia)
SKU-