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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1639026

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PUBLISHER: Bizwit Research & Consulting LLP | PRODUCT CODE: 1639026

Global Compostable & Biodegradable Refuse Bags Market Size Study, by Material Type, Application, Product Type, End Use, and Regional Forecasts 2022-2032

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The Global Compostable & Biodegradable Refuse Bags Market, valued at approximately USD 2.68 billion in 2023, is poised to grow at a remarkable CAGR of 12.09% during the forecast period from 2024 to 2032, reaching an estimated USD 7.49 billion by 2032. Compostable and biodegradable refuse bags have gained widespread acceptance as eco-friendly alternatives to traditional plastic bags. These bags are specifically designed to decompose naturally in a composting environment, significantly reducing plastic waste and aligning with global sustainability goals. They are widely used across households, industrial settings, and commercial establishments to manage waste while addressing the challenges of environmental pollution.

The market's robust growth is fueled by increasing consumer awareness of environmental concerns and stringent government regulations targeting single-use plastics. The use of advanced materials such as polylactic acid (PLA), polybutylene adipate terephthalate (PBAT), and starch-based blends enhances the bags' compostability while maintaining strength and durability. Additionally, the growing adoption of composting practices in agricultural and food service industries underscores the demand for such bags. The advent of recyclable and multi-purpose bags further broadens their application scope, offering innovative solutions to address diverse consumer and industrial requirements.

Despite the favorable market dynamics, challenges such as higher production costs and limited industrial composting facilities in certain regions may constrain growth. However, continuous innovation in material science and the development of cost-effective production technologies are expected to mitigate these limitations. Additionally, the increasing integration of biodegradable bags in retail and food service sectors, driven by strong policy support and consumer preferences, presents lucrative growth opportunities for manufacturers. The expansion of institutional programs promoting the use of compostable refuse bags further bolsters the market outlook.

Regionally, the Asia Pacific market dominates due to rapid urbanization, increased government initiatives for sustainable waste management, and heightened consumer awareness in countries such as China, India, and Japan. North America and Europe follow closely, driven by well-established regulatory frameworks and strong adoption rates of compostable and biodegradable products. Meanwhile, Latin America and the Middle East & Africa are emerging as promising markets, propelled by rising environmental initiatives and growing investment in eco-friendly infrastructure.

Major market players included in this report are:

  • BASF SE
  • Novamont S.p.A.
  • Biobag International AS
  • Dow Inc.
  • Berry Global Inc.
  • Eastman Chemical Company
  • Plastiroll Oy
  • RKW Group
  • Abena Group
  • Al-Pack Enterprises Ltd.
  • NatureWorks LLC
  • Minima Technology Co., Ltd.
  • Mondi Group
  • Cortec Corporation
  • Kingfa Science & Technology Co., Ltd.

The detailed segments and sub-segments of the market are explained below:

By Material Type:

  • PLA
  • PVA
  • Starch-Based
  • PBAT
  • Other

By Application:

  • Retail
  • Food Service
  • Household
  • Industrial
  • Agricultural

By Product Type:

  • Biodegradable Bags
  • Compostable Bags
  • Recyclable Bags

By End Use:

  • Residential
  • Commercial
  • Institutional

By Region: North America:

  • U.S.
  • Canada

Europe:

  • UK
  • Germany
  • France
  • Spain
  • Italy
  • Rest of Europe

Asia Pacific:

  • China
  • India
  • Japan
  • Australia
  • South Korea
  • Rest of Asia Pacific

Latin America:

  • Brazil
  • Mexico
  • Rest of Latin America

Middle East & Africa:

  • Saudi Arabia
  • South Africa
  • Rest of Middle East & Africa

Years considered for the study are as follows:

  • Historical year - 2022
  • Base year - 2023
  • Forecast period - 2024 to 2032

Key Takeaways:

  • Market Estimates & Forecast for 10 years from 2022 to 2032.
  • Annualized revenues and regional-level analysis for each market segment.
  • Detailed analysis of geographical landscape with country-level analysis of major regions.
  • Competitive landscape with information on major players in the market.
  • Analysis of key business strategies and recommendations on future market approaches.
  • Analysis of competitive structure of the market.
  • Demand-side and supply-side analysis of the market.

Table of Contents

Chapter 1. Global Compostable & Biodegradable Refuse Bags Market Executive Summary

  • 1.1. Global Compostable & Biodegradable Refuse Bags Market Size & Forecast (2022-2032)
  • 1.2. Regional Summary
  • 1.3. Segmental Summary
    • 1.3.1. By Material Type
    • 1.3.2. By Application
    • 1.3.3. By Product Type
    • 1.3.4. By End Use
  • 1.4. Key Trends
  • 1.5. Recession Impact
  • 1.6. Analyst Recommendation & Conclusion

Chapter 2. Global Compostable & Biodegradable Refuse Bags Market Definition and Research Assumptions

  • 2.1. Research Objective
  • 2.2. Market Definition
  • 2.3. Research Assumptions
    • 2.3.1. Inclusion & Exclusion
    • 2.3.2. Limitations
    • 2.3.3. Supply Side Analysis
      • 2.3.3.1. Availability
      • 2.3.3.2. Infrastructure
      • 2.3.3.3. Regulatory Environment
      • 2.3.3.4. Market Competition
      • 2.3.3.5. Economic Viability (Consumer's Perspective)
    • 2.3.4. Demand Side Analysis
      • 2.3.4.1. Regulatory Frameworks
      • 2.3.4.2. Technological Advancements
      • 2.3.4.3. Environmental Considerations
      • 2.3.4.4. Consumer Awareness & Acceptance
  • 2.4. Estimation Methodology
  • 2.5. Years Considered for the Study
  • 2.6. Currency Conversion Rates

Chapter 3. Global Compostable & Biodegradable Refuse Bags Market Dynamics

  • 3.1. Market Drivers
    • 3.1.1. Increasing Environmental Awareness and Sustainability Goals
    • 3.1.2. Stricter Government Regulations on Single-Use Plastics
    • 3.1.3. Growing Adoption in Retail and Food Service Industries
  • 3.2. Market Challenges
    • 3.2.1. Higher Production Costs Compared to Traditional Plastic Bags
    • 3.2.2. Limited Availability of Industrial Composting Facilities
  • 3.3. Market Opportunities
    • 3.3.1. Innovation in Material Science for Enhanced Durability
    • 3.3.2. Expansion into Emerging Markets with Growing Environmental Initiatives
    • 3.3.3. Development of Multi-Purpose and Recyclable Bag Solutions

Chapter 4. Global Compostable & Biodegradable Refuse Bags Market Industry Analysis

  • 4.1. Porter's 5 Force Model
    • 4.1.1. Bargaining Power of Suppliers
    • 4.1.2. Bargaining Power of Buyers
    • 4.1.3. Threat of New Entrants
    • 4.1.4. Threat of Substitutes
    • 4.1.5. Competitive Rivalry
    • 4.1.6. Futuristic Approach to Porter's 5 Force Model
    • 4.1.7. Porter's 5 Force Impact Analysis
  • 4.2. PESTEL Analysis
    • 4.2.1. Political
    • 4.2.2. Economical
    • 4.2.3. Social
    • 4.2.4. Technological
    • 4.2.5. Environmental
    • 4.2.6. Legal
  • 4.3. Top Investment Opportunities
  • 4.4. Top Winning Strategies
  • 4.5. Disruptive Trends
  • 4.6. Industry Expert Perspective
  • 4.7. Analyst Recommendation & Conclusion

Chapter 5. Global Compostable & Biodegradable Refuse Bags Market Size & Forecasts by Material Type 2022-2032

  • 5.1. Segment Dashboard
  • 5.2. Global Compostable & Biodegradable Refuse Bags Market: Material Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
    • 5.2.1. PLA
    • 5.2.2. PVA
    • 5.2.3. Starch-Based
    • 5.2.4. PBAT
    • 5.2.5. Other

Chapter 6. Global Compostable & Biodegradable Refuse Bags Market Size & Forecasts by Application 2022-2032

  • 6.1. Segment Dashboard
  • 6.2. Global Compostable & Biodegradable Refuse Bags Market: Application Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
    • 6.2.1. Retail
    • 6.2.2. Food Service
    • 6.2.3. Household
    • 6.2.4. Industrial
    • 6.2.5. Agricultural

Chapter 7. Global Compostable & Biodegradable Refuse Bags Market Size & Forecasts by Product Type 2022-2032

  • 7.1. Segment Dashboard
  • 7.2. Global Compostable & Biodegradable Refuse Bags Market: Product Type Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
    • 7.2.1. Biodegradable Bags
    • 7.2.2. Compostable Bags
    • 7.2.3. Recyclable Bags

Chapter 8. Global Compostable & Biodegradable Refuse Bags Market Size & Forecasts by End Use 2022-2032

  • 8.1. Segment Dashboard
  • 8.2. Global Compostable & Biodegradable Refuse Bags Market: End Use Revenue Trend Analysis, 2022 & 2032 (USD Million/Billion)
    • 8.2.1. Residential
    • 8.2.2. Commercial
    • 8.2.3. Institutional

Chapter 9. Global Compostable & Biodegradable Refuse Bags Market Size & Forecasts by Region 2022-2032

  • 9.1. North America Compostable & Biodegradable Refuse Bags Market
    • 9.1.1. U.S. Compostable & Biodegradable Refuse Bags Market
      • 9.1.1.1. Material Type Breakdown Size & Forecasts, 2022-2032
      • 9.1.1.2. Application Breakdown Size & Forecasts, 2022-2032
      • 9.1.1.3. Product Type Breakdown Size & Forecasts, 2022-2032
      • 9.1.1.4. End Use Breakdown Size & Forecasts, 2022-2032
      • 9.1.1.5. Other Segments Breakdown Size & Forecasts, 2022-2032
    • 9.1.2. Canada Compostable & Biodegradable Refuse Bags Market
  • 9.2. Europe Compostable & Biodegradable Refuse Bags Market
    • 9.2.1. UK Compostable & Biodegradable Refuse Bags Market
    • 9.2.2. Germany Compostable & Biodegradable Refuse Bags Market
    • 9.2.3. France Compostable & Biodegradable Refuse Bags Market
    • 9.2.4. Spain Compostable & Biodegradable Refuse Bags Market
    • 9.2.5. Italy Compostable & Biodegradable Refuse Bags Market
    • 9.2.6. Rest of Europe Compostable & Biodegradable Refuse Bags Market
  • 9.3. Asia Pacific Compostable & Biodegradable Refuse Bags Market
    • 9.3.1. China Compostable & Biodegradable Refuse Bags Market
    • 9.3.2. India Compostable & Biodegradable Refuse Bags Market
    • 9.3.3. Japan Compostable & Biodegradable Refuse Bags Market
    • 9.3.4. Australia Compostable & Biodegradable Refuse Bags Market
    • 9.3.5. South Korea Compostable & Biodegradable Refuse Bags Market
    • 9.3.6. Rest of Asia Pacific Compostable & Biodegradable Refuse Bags Market
  • 9.4. Latin America Compostable & Biodegradable Refuse Bags Market
    • 9.4.1. Brazil Compostable & Biodegradable Refuse Bags Market
    • 9.4.2. Mexico Compostable & Biodegradable Refuse Bags Market
    • 9.4.3. Rest of Latin America Compostable & Biodegradable Refuse Bags Market
  • 9.5. Middle East & Africa Compostable & Biodegradable Refuse Bags Market
    • 9.5.1. Saudi Arabia Compostable & Biodegradable Refuse Bags Market
    • 9.5.2. South Africa Compostable & Biodegradable Refuse Bags Market
    • 9.5.3. Rest of Middle East & Africa Compostable & Biodegradable Refuse Bags Market

Chapter 10. Competitive Intelligence

  • 10.1. Key Company SWOT Analysis
    • 10.1.1. BASF SE
    • 10.1.2. Novamont S.p.A.
    • 10.1.3. Biobag International AS
  • 10.2. Top Market Strategies
  • 10.3. Company Profiles
    • 10.3.1. BASF SE
      • 10.3.1.1. Key Information
      • 10.3.1.2. Overview
      • 10.3.1.3. Financial (Subject to Data Availability)
      • 10.3.1.4. Product Summary
      • 10.3.1.5. Market Strategies
    • 10.3.2. Novamont S.p.A.
    • 10.3.3. Biobag International AS
    • 10.3.4. Dow Inc.
    • 10.3.5. Berry Global Inc.
    • 10.3.6. Eastman Chemical Company
    • 10.3.7. Plastiroll Oy
    • 10.3.8. RKW Group
    • 10.3.9. Abena Group
    • 10.3.10. Al-Pack Enterprises Ltd.
    • 10.3.11. NatureWorks LLC
    • 10.3.12. Minima Technology Co., Ltd.
    • 10.3.13. Mondi Group
    • 10.3.14. Cortec Corporation
    • 10.3.15. Kingfa Science & Technology Co., Ltd.

Chapter 11. Research Process

  • 11.1. Research Process
    • 11.1.1. Data Mining
    • 11.1.2. Analysis
    • 11.1.3. Market Estimation
    • 11.1.4. Validation
    • 11.1.5. Publishing
  • 11.2. Research Attributes
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