Trash Bag Market Updates

Skyquest Technology's expert advisors continuously track and analyze the latest developments and updates related to trash bag market. Our team of analysts stay abreast of all the recent news stories shaping the industry including new product launches by major companies, strategic partnerships, M&As, Patent filings and industry and regulatory developments.

Trash Bag Market News

  • 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 are made up of natural and biodegradable raw materials range from paper stem cotton buds, wooden toothbrushes, tongue cleaners, wooden combs, bamboo straws, wooden shaving brushes, and razors to compostable garbage bags named Kachra sack.
  • August 2022 - Balenciaga launched a new line of products called 'bin bags', the French fashion house has launched a pouch inspired by the garbage bin bags' design.
  • May 2022, Reynolds Consumer Products launched a newly updated line of small and medium waste bags with premium features.

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Global Trash Bag Market size was valued at USD 11.74 billion in 2023 and is poised to grow from USD 12.42 billion in 2024 to USD 19.50 billion by 2032, growing at a CAGR of 5.8% during the forecast period (2025-2032). 

Leading market players are investing heavily in research and development to expand their product lines, which will help the Trash Bags market grow more. Companies in the market are using various strategies to increase their global presence with various developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Trash Bags industry must offer cost-effective items. 'Berry Global Inc. ', 'The Clorox Company ', 'Novolex ', 'Reynolds Consumer Products ', 'Inteplast Group, Ltd. ', 'Poly-America, L.P. ', 'International Plastics, Inc. ', 'Four Star Plastics ', 'Cosmoplast Industrial Company ', 'Alpha Omega Plastic Manufacturing L.L.C. ', 'ALUF Plastics ', 'BioBag International AS ', 'Complete Packaging & Shipping Supplies ', 'Mapco (Pvt) Ltd ', 'Polykar Industries Inc. ', 'Universal Plastic Bags ', 'Karat Packaging Inc. ', 'Hilex Poly ', 'ChicoBag Company ', 'Proampac '

Rapid urbanization, particularly in emerging economies, leads to increased waste generation, bolstering the demand for trash bags. Expansion of residential and commercial infrastructure fuels the demand for trash bags in construction sites, offices, and residential complexes.

Growing environmental consciousness among consumers is leading to a shift towards sustainable waste management practices. Manufacturers are increasingly focusing on developing eco-friendly trash bags made from biodegradable materials or recycled plastics to meet this demand. Companies are also investing in research and development to introduce innovative features in trash bags, such as odor control and enhanced durability. Customization options, including color, size, and branding, are also becoming popular to cater to diverse consumer preferences.

By region, the market is segmented into North America, Europe, Asia-Pacific and South America and Middle East. The Asia-Pacific Trash Bags Market dominated this market in 2022 (48.25%). As the purchasing power of the people increases along with economies of the countries in Asia, it has led to an increase in demand for garbage bags to dispose of the garbage. Moreover, China’s Trash Bags market held the largest market share, and the Indian Trash Bags market was the fastest growing market in the Asia-Pacific region. China accounts 29% of the total trash bags market it has boosted the production of the trash bags market and, reducing the single use of plastic, they are also, focusing on recycling the waste by 35%. thus, increasing urbanization, waste production and awareness of people towards the waste management.

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Global Trash Bag Market
Trash Bag Market

Report ID: SQMIG30L2251

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