The Europe trash bags market is expected to reach USD 4.80 Billion by 2031 from USD 3.06 Billion in 2023, growing at a CAGR of 5.8% during the forecast period of 2024 to 2031.
Market Segmentation:
By Type (Drawstring Trash Bags, Flat Trash Bags, Zipper Bags, Star Sealed Trash Bags, T-Shirt Trash Bags, Flat Star Sealed Trash Bags, and Others), Material (Indirect Sales and Direct Sales), Capacity(10-25 KG, 25-50 KG, 50-75 KG, 75-100 KG, 100-150 KG, And More Than 150KG) , End-User (Industries, Corporate Offices, Hospitals, Residential, Institutions, Laboratories and Others), Category(Non-Biodegradable And Biodegradable), and Distribution Channel (Indirect Sales and Direct Sales), Country (Germany, U.K., France, Italy, Russia, Spain, Belgium, Switzerland, Netherlands, Turkey, and Rest of Europe) - Industry Trends and Forecast to 2031
Overview of Europe trash bags market Dynamics:
- Drivers
- Rising importance and awareness regarding waste management
- Technological advancements in trash bags industry
- Rise in demand for premium trash bags
- Restrains
- Fluctuations in raw material prices
- Increasing availability and adoption of alternative waste management solutions
- Opportunities
- Demand for biodegradable solution leads to adoption of compostable trash bags
- Growth of e-commerce platforms and online retailing
- Challenges
- Inadequate waste management infrastructure
- Lack of consumer awareness and education regarding application of trash bags
Market Players:
The key market players operating in the Europe trash bags market are listed below:
- Berry Global Inc.
- The Clorox Company
- Reynolds Consumer Products
- Novolex
- Poly-America, L.P.
- Cosmoplast UAE
- Inteplast Group
- Polykar Industries Inc.
- Aluf Plastics
- Dumil
- OX Plastics
- BioBag International AS.
- Alpha Omega Plastic Manufacturing L.L.C.
- NOVPLASTA CZ, s.r.o.
- Universal Plastic Bags
- NaturTrust
- Mapco Plastics
- International Plastics Inc.
- TERDEX GmbH
- Four Star Plastics