Trash Bags Market Size (2024 - 2029)

Trash Bags Market Analysis

The Trash Bags Market size is estimated at USD 14.22 billion in 2024, and is expected to reach USD 20.46 billion by 2029, growing at a CAGR of 7.55% during the forecast period (2024-2029).

Trash bags typically made of polyethylene are tough and light and hold garbage securely without leakage or spillover, thereby finding their adoption across various end users such as retail, institutional, and industrial.

People are increasingly focusing on hygiene and the cleanliness of the surrounding environment, which could boost the adoption of trash bags over the forecast period. Stringent health and safety regulations mandate proper waste collection and disposal in industries like healthcare and foodservices. Consequently, there is a rising demand for specialized garbage bags that meet these regulatory standards.

Globally, the key drivers of market revenue growth include a rising global population, rapid urbanization, and a consequent surge in waste generation. Additionally, a heightened awareness of public hygiene and sanitation, evolving consumer lifestyles, and growing adoption in both households and commercial spaces have further fueled the demand for trash bags.

Consumer awareness of environment-friendly products is increasing with the rise in environmental concerns. Thus, the demand for oxo-biodegradable bags is expected to be fueled by customer preference for eco-friendly, clean alternatives to traditional synthetic items. Continuous growth in the food, beverage, and pharmaceutical industries also contributes to increased demand for oxo-biodegradable bags around the globe.

In July 2024, the National Environment Management Authority (NEMA) mandated an immediate shift to biodegradable garbage bags for collecting organic waste in the United States.

Manufacturers may face challenges due to regulations that ban or limit plastic use in the future. Plastic bags start out as fossil fuels and end up as deadly waste in landfills and the ocean. To combat this scenario, several federal governments across the globe, including countries like India, China, and the United States, are implementing strict regulations against the use of single-use plastic. These factors may hinder market growth.

Overall, the trash bags market is poised for a bright future, brimming with growth and innovative opportunities. Market leaders are expected to be companies that prioritize eco-friendly products, harness technology for enhanced features, and broaden their global distribution networks.

For instance, GreenBio launched biodegradable trash bags, an alternative to single-use plastic. These factors are expected to bolster the demand for trash bags in the upcoming years.

Trash Bags Industry Segmentation

A trash bag is a disposable bag used to contain waste. The study tracks the market through the revenue accrued by the consumption of trash bags offered by various vendors operating in the market. It also analyzes the current trade scenario and the major manufacturing countries.

The trash bags market is segmented by end user (residential, institutional, industrial, and commercial) and geography (North America [United States and Canada], Europe [United Kingdom, Germany, France, Spain, and Rest of Europe], Asia-Pacific [China, India, Japan, Australia and New Zealand, and Rest of Asia-Pacific], Latin America, and Middle East and Africa). The market sizes and forecasts are provided in terms of value (USD) for all the above segments.