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