The trash can liners market is expected to record a CAGR of 4.5% during the forecast period 2022-2032, up from US$ 350 Million in the year 2022 to reach a valuation of US$ 543.54 Million by 2032.
How is the Competitive Landscape in the Trash Can Liners Market
The trash can liners have a wide range of applications in people’s day-to-day lives such as restaurants, offices, households, industries, hospitals, shops, etc. In the future, environmental and health consciousness among consumers and supporting environmental policies adopted by governments in different regions are likely to have a positive impact on the market for trash can liners.
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What are the Main Factors Affecting the Market Share for Trash Can Liners?
It is significant to note that the main causes of the rise in global demand for garbage can liners are changes in consumer lifestyles, rising environmental and health awareness, as well as the numerous environmental legislation being adopted by governments all over the world.
Trash can liners are anticipated to present considerable prospects for market growth and investment for businesses, particularly in emerging nations, given the value-added features including everything from waste handling to transportation and rubbish distribution.
Key Players:
- Allied Plastics
- The Clorox Company
- Reynolds Consumer Products
- Poly-America
- Berry Global Inc.
- International Plastics Inc.
- Cosmoplast Industrial Company LLc
- Novolex
- NOVPLASTA
- Dagoplast
- Terdex
- MirPack
- Four Star Plastics
- Luban Pack
- Extrapack
- Clorox Australia
- Achaika Plastic
- Kemii Garbage Bag Co.
- Inteplast Group
- Primax
- Berry Plastic Corporation
Trash Can Liners Market: Dynamics
The change in the lifestyle of consumers, increasing environmental and health awareness and environmental support policies implemented by various governments across the globe are the major factors responsible for the increasing global demand for trash can liners. Because of the value added features from waste handling to transportation and garbage distribution, trash can liners are expected to create significant opportunities for growth and investment for market players, particularly in the developing countries.
Also, in the developing nations, where the consumer demand for garbage storage and handling bags is high, the trash can liners market is expected to continue to grow steadily. The main driver for trash can liners market growth are local packaging companies, private consumers and retailers which focus more on delivering the product in the local market.
Trash Can Liners Market: Regional Outlook
Rising industrialization and urbanization are anticipated to drive the consumption of trash can liners for retail applications, which is increasing at a significant rate and it is anticipated that the same trend will be followed to continue in the coming years. Nowadays, various regulations run by the government, due to the dense population and growing per capita incomes are the major factors which drive the growth of the market. The North American and European regions are expected for substantial growth over the forecast period.
Many countries from the developing nations such as Germany and the UK are anticipated to drive the demand for trash can liners in Europe. A better living standard witnessed among the middle-income group is another key factor that is likely to increase the European trash can liners market during the forecast period. Moreover, this trash can liners bags come with odor control.
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Key Segments Profiled in Trash Can Liners Market
By Material Type:
- Polyethylene (PE)
- Low-Density Polyethylene (LDPE)
- High-Density Polyethylene (HDPE)
- Low-Density Polyethylene (LLDPE)
- Polypropylene (PP)
- Others
By size:
- Small Size (Up to 5 Liters)
- Medium Size (Between 5 and 20 Liters)
- Large Size (More Than 20 Liters)
By End-use:
- Retail and Consumer
- Institutional
- Industrial
- Others
By Region:
- North America
- Latin America
- Europe
- South Asia
- East Asia
- Oceania
- Middle East & Africa (MEA)
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