The United States garbage bags market is poised for substantial growth, with an estimated Compound Annual Growth Rate (CAGR) of 3.2% during the forecast period from 2023 to 2033. Market valuation is projected to surge from US$ 1.9 billion in 2023 to US$ 2.5 billion by 2033. In 2022, the market was valued at US$ 1.8 billion and is expected to exhibit a Year-on-Year (Y-o-Y) growth of 2.4% by the end of 2023.
The increasing environmental consciousness and concerns regarding effective waste management practices have amplified the focus on recycling and responsible waste disposal. Garbage bags have emerged as a preferred choice for consumers, offering a convenient and hygienic solution for waste collection and disposal. This aligns seamlessly with the growing emphasis on sustainability and is a driving force behind the rising demand for garbage bags in the United States.
Material technology advancements have led to the development of more durable, environmentally friendly, and cost-effective garbage bag materials. Innovations such as biodegradable and compostable garbage bags are gaining popularity due to their reduced environmental impact, catering to the growing demand for sustainable waste management solutions.
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Drivers:
- Population Growth: An increasing population leads to higher waste generation, bolstering the demand for garbage bags.
- Environmental Awareness: Growing concerns about plastic waste and environmental conservation have led to a shift toward eco-friendly garbage bags.
- Urbanization: The trend of urbanization increases the use of garbage bags in cities and metropolitan areas.
- Regulatory Initiatives: Government regulations promoting waste management and recycling encourage the use of garbage bags.
- Consumer Convenience: Garbage bags offer a convenient and hygienic way to manage and dispose of household waste.
Restraints:
- Environmental Concerns: Plastic garbage bags contribute to environmental issues, and consumers are seeking more sustainable alternatives.
- Competition from Reusable Bags: Reusable bags are gaining popularity as an eco-friendly alternative to disposable garbage bags.
- Cost Considerations: The cost of garbage bags can impact consumer choices, especially in price-sensitive markets.
- Waste Reduction Efforts: Increasing efforts to reduce waste production can lead to reduced consumption of garbage bags.
- Regulatory Restrictions: Stricter regulations on single-use plastics can limit the production and use of conventional garbage bags.
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What are Key Trends in the United States Garbage Bags Industry?
The United States garbage bags market is experiencing a surge in demand, driven by evolving consumer preferences for a wide range of scents, including floral and citrus, among others.
In response to the increasing concern about plastic pollution and its environmental consequences, there’s a growing emphasis on sustainable practices throughout the production and utilization of garbage bags. This has fostered the adoption of eco-friendly materials and production processes.
Furthermore, the growing desire for convenience has led to the integration of user-friendly features, such as drawstrings, odor control technology, and antimicrobial properties, all of which contribute to an enhanced user experience. These value-added features cater to the evolving needs of consumers and elevate the functionality and desirability of garbage bags in the market.
Key Players
- Berry Global Inc
- Harwal Group of Companies (Cosmoplast)
- Clorox Company
- Simpac Impex P Ltd
- Reynolds Consumer Group
- Novolex
- American Plastic Co.
- International Plastics Inc.
- Poly-America LP
- Four Star Plastics
- Inteplast Group Corporation
United States Garbage Bags Market Segmentation
By Material:
- Polyethylene
- Low-density polyethylene (LDPE)
- Linear low-density polyethylene (LLDPE)
- High-density polyethylene (HDPE)
- Polypropylene (PP)
- Bioplastics
- Others
By Product:
- Scented
- Non- Scented
By Capacity:
- Up to 30 Liters
- 30 to 90 Litres
- 90 to150 Litres
- Above 150 Litres
By Type:
- Sustainable
- Conventional
By Sales Channel:
- Manufacturer/Direct Sales
- Retail Sales
- Hypermarket & Supermarket
- Convenience Stores
- Specialty Stores
- E-Commerce
By End Use:
- Commercial
- Residential
- Industrial
By Sub-region:
- Northeast
- Southwest
- West
- Southeast
- Midwest
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