Trash Bags Market Is Witnessing Massive Growth With Heritage Bag, A Novolex Brand, Introducing Eco Blend Max, A New Line Of Trash Can Liners Made With 50% Post-Consumer Recycled (PCR) Content

 

Trash Bags

Trash Bags are bags that hold and collect various forms of solid wastes, such as kitchen scraps, cardboard, glass, paper, tin, plastic bottles, aluminum cans, fats and oils, and other solid wastes. The most common type of trash bag in the bin bag, trash can liner, and trash bag filler. These bags are also useful to line the interiors of waste bins to prevent the interiors of the receptacles from being blanketed in solid waste materials. The trash bags also prevent pests such as rodents from using the receptacles as their personal toilet.

Increasing urban population is expected to drive growth of the global trash bags market. According to the United Nations (UN), by 2050, around 68% of the global population is expected to live in urban areas, increasing from 55% in 2018. According to the same source, in 2018, around 4.2 billion people were living in urban areas, increasing from 751 million in 1950. Furthermore, according to the World Bank, in 2019, the global population reached 7.674 billion, increasing from 6.84 billion in 2009. Rising urban population has increased the awareness pertaining to hygiene and cleanliness. Hence, these factors are expected to drive growth of the global trash bags market. Furthermore, increasing penetration of trash bags in emerging economies is expected to propel the global trash bags market growth in the near future.

Lack of government support combined with a heavy tax burden on the consumption of plastic bags and fluctuating material prices is expected to restrain growth of the global trash bags market. However, the emergence of compostable trash bags and increasing use of oxo-biodegradable additives can present lucrative growth opportunities in the global trash bags market in the near future. Among regions, North America is expected to witness significant growth in the global trash bags market. This is owing to rising urban population in emerging economies such as India and China. Furthermore, North America is expected to register a robust growth rate, owing to increasing working-class population in the region.

Key players involved in the global trash bags market are Pack-It B.V., Berry Global Inc., Kemii Garbage Bag Co. Ltd., Terdex GmbH, Cosmoplast Industrial Company LLC, Novplasta, s.r.o., Luban Packing LLC, Novolex, Hefty(Reynolds Consumer Products LLC), and International Plastics Inc.

For instance, in November 2019, Heritage Bag, a Novolex brand, launched Eco Blend Max, a new line of trash can liners made with 50% post-consumer recycled (PCR) content.  

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