The disposable garbage bags market share is expected to increase by USD 1.36 billion from 2020 to 2025, and the market’s growth momentum will accelerate at a CAGR of 5.03%.
This disposable garbage bags market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers disposable garbage bags market segmentation by distribution channel (offline and online) and geography (APAC, Europe, North America, South America, and MEA). The disposable garbage bags market report also offers information on several market vendors, including Alcoa Corp., Berry Global Group Inc., Four Star Plastics, Green Legacy LLC, Harwal Group, Heyuan Ruijian Plastic Products Co. Ltd., International Plastics Inc., Novplasta s.r.o., TERDEX GmbH, and The Clorox Co. among others.
What will the Disposable Garbage Bags Market Size be During the Forecast Period?
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"The market in APAC is expected to grow at a rapid pace over the next five years."
Disposable Garbage Bags Market: Key Drivers, Trends, and Challenges
The increasing demand from commercial end-users is notably driving the disposable garbage bags market growth, although factors such as the availability of alternative solutions may impede the market growth. Our research analysts have studied the historical data and deduced the key market drivers and the COVID-19 pandemic impact on the disposable garbage bags industry. The holistic analysis of the drivers will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Key Disposable Garbage Bags Market Driver
One of the key factors driving the global disposable garbage bags market growth is the increasing demand from commercial end-users due to the substantial increase in the amount of waste generated by offices and the hospitality sector. The global hospitality industry that encompasses tourism, transportation, restaurant, and event-planning industries, has been growing steadily in terms of demand and revenue generation over the past few years, which generate massive amounts of waste daily. Moreover, favorable governmental policies like legal protections, increasing ease of doing business, and business benefits like tax holidays fuel the growth of start-ups globally that would lead to an increase in office spaces and tech parks that might require disposable garbage bags to dump large volumes of wastes. Such factors are expected to positively impact the market in focus during the forecast period.
Key Disposable Garbage Bags Market Trend
Growing sales through online distribution channels is another key factor driving the global disposable garbage bags market growth. The growing number of websites offering a wide range of disposable garbage bags has increased the demand for these products. E-retailing of various products, including disposable garbage bags, is also gaining popularity because it is a time-saving and cost-effective process of purchasing products. Moreover, prices offered online are often lower than those available offline, given the lower overhead costs for online retailers. Many international and national competitors also sell their disposable garbage bags online as this form of retailing helps them better promote and enhance their brand image. Such factors will further accelerate the growth of the market in focus during the forecast period.
Key Disposable Garbage Bags Market Challenge
One of the key challenges to the global disposable garbage bags market growth is the availability of alternative solutions. This includes household composters/composting bins, traditional composting methods (pile composting, sheet composting, pit composting, vermicomposting, and others), food waste disposers, gunny bags made of wire or paper, and various other trashing methods. Moreover, civic waste collection processes by municipalities and the presence of composters set up by local communities are expected to hamper the adoption of disposable garbage bags. Other factors such as an underdeveloped distribution system, lack of product availability, low consumer awareness, and high cost of disposable bags will further limit the growth of the market during the forecast period.
This disposable garbage bags market analysis report also provides detailed information on other upcoming trends and challenges that will have a far-reaching effect on the market growth. The actionable insights on the trends and challenges will help companies evaluate and develop growth strategies for 2021-2025.
Parent Market Analysis
Technavio categorizes the global disposable garbage bags market as a part of the global household products market. Our research report has extensively covered external factors influencing the parent market growth potential in the coming years, which will determine the levels of growth of the disposable garbage bags market during the forecast period.
Market Overview
The global household products market covers non-durable household products, including detergents, soaps, diapers, and other tissue and household paper products
Who are the Major Disposable Garbage Bags Market Vendors?
The report analyzes the market’s competitive landscape and offers information on several market vendors, including:
- Alcoa Corp.
- Berry Global Group Inc.
- Four Star Plastics
- Green Legacy LLC
- Harwal Group
- Heyuan Ruijian Plastic Products Co. Ltd.
- International Plastics Inc.
- Novplasta s.r.o.
- TERDEX GmbH
- The Clorox Co.
This statistical study of the disposable garbage bags market encompasses successful business strategies deployed by the key vendors. The disposable garbage bags market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market.
Product Insights and News
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Alcoa Corp. - The company offers a wide range of disposable garbage bags such as Hefty Ultra Strong, Hefty EnergyBag, Hefty Party Cups, How2Compost, and many more
To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.
The disposable garbage bags market forecast report offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Disposable Garbage Bags Market Value Chain Analysis
Our report provides extensive information on the value chain analysis for the disposable garbage bags market, which vendors can leverage to gain a competitive advantage during the forecast period. The end-to-end understanding of the value chains is essential in profit margin optimization and evaluation of business strategies. The data available in our value chain analysis segment can help vendors drive costs and enhance customer services during the forecast period.
The value chain of the global household products market includes the following core components:
- Inputs
- Inbound logistics
- Operations
- Outbound logistics
- Marketing and sales
- Service
- Support activities
- Innovation
The report has further elucidated on other innovative approaches being followed by manufacturers to ensure a sustainable market presence.
Which are the Key Regions for Disposable Garbage Bags Market?
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38% of the market’s growth will originate from APAC during the forecast period. China is the key market for disposable garbage bags in APAC. Market growth in APAC will be faster than the growth of the market in other regions.
The presence of highly populated counties such as China, India, and Indonesia and the increase in awareness of the benefits of using disposable garbage bags will facilitate the disposable garbage bags market growth in APAC over the forecast period. This market research report entails detailed information on the competitive intelligence, marketing gaps, and regional opportunities in store for vendors, which will assist in creating efficient business plans.
COVID Impact and Recovery Analysis
The outbreak of COVID-19 has had a positive impact on the regional disposable garbage bag market in 2020. This is primarily attributed to the increase in the waste generation when compared to 2019. Furthermore, due to the lockdown following the outbreak of the pandemic, waste generation from the industrial sector has witnessed a decline as industries and offices were partially or completely shut. However, the generation of municipal waste from residential areas and hospitals was significantly increased. This is due to the sudden increase of single-use plastics, especially in hospitals. Moreover, during the forecast period, the market will further witness positive growth in demand for disposable garbage bags due to rising awareness and their increasing use in common economic activities such as carrying and disposing of waste from the various hospitality sector and industrial waste.
What are the Revenue-generating Distribution Channel Segments in the Disposable Garbage Bags Market?
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The disposable garbage bags market share growth by the offline segment will be significant during the forecast period. The easy availability of disposable garbage bags in most organized and some unorganized retail stores such as specialty stores, hypermarkets/supermarkets, and departmental stores will drive the growth of the market. The growth will be further supported by the expansion of offline physical stores during the forecast period that will give disposable garbage bags extensive reach and visibility.
This report provides an accurate prediction of the contribution of all the segments to the growth of the disposable garbage bags market size and actionable market insights on post COVID-19 impact on each segment.
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Disposable Garbage Bags Market Scope |
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Report Coverage |
Details |
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Page number |
120 |
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Base year |
2020 |
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Forecast period |
2021-2025 |
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Growth momentum & CAGR |
Accelerate at a CAGR of 5.03% |
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Market growth 2021-2025 |
$ 1.36 billion |
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Market structure |
Fragmented |
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YoY growth (%) |
4.31 |
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Regional analysis |
APAC, Europe, North America, South America, and MEA |
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Performing market contribution |
APAC at 38% |
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Key consumer countries |
US, China, Germany, UK, and Canada |
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Competitive landscape |
Leading companies, Competitive strategies, Consumer engagement scope |
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Key companies profiled |
Alcoa Corp., Berry Global Group Inc., Four Star Plastics, Green Legacy LLC, Harwal Group, Heyuan Ruijian Plastic Products Co. Ltd., International Plastics Inc., Novplasta s.r.o., TERDEX GmbH, and The Clorox Co. |
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Market dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID 19 impact and recovery analysis and future consumer dynamics, Market condition analysis for forecast period |
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Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
What are the Key Data Covered in this Disposable Garbage Bags Market Report?
- CAGR of the market during the forecast period 2021-2025
- Detailed information on factors that will drive disposable garbage bags market growth during the next five years
- Precise estimation of the disposable garbage bags market size and its contribution to the parent market
- Accurate predictions on upcoming trends and changes in consumer behavior
- The growth of the disposable garbage bags industry across APAC, Europe, North America, South America, and MEA
- A thorough analysis of the market’s competitive landscape and detailed information on vendors
- Comprehensive details of factors that will challenge the growth of disposable garbage bags market vendors
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