The trash can liners market is expected to record a CAGR of 3.50% during the forecast period 2024 to 2034, up from USD 6.8 billion in the year 2024 to reach a valuation of USD 9.7 billion by 2034.
There are many different places in people's daily lives where trash can liners are used, including restaurants, offices, homes, factories, hospitals, and retail establishments. The trash can liners market is anticipated to grow due to consumer awareness of environmental and health issues and government laws that encourage environmental protection implemented in various areas.
Trash can liners are expected to rise at a faster rate throughout the forecast period due to rising per capita disposable income and demand for compact, affordable liners.
Attributes | Key Insights |
---|---|
Market Size in 2024 | USD 6.8 billion |
Market Value in 2034 | USD 9.7 billion |
Value-based CAGR from 2024 to 2034 | 3.50% |
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From 2019 to 2023, the trash can liner market experienced a CAGR of 2.80%. The main causes of the rise in the demand for trash can liners worldwide include changes in consumer behavior, heightened environmental and health consciousness, and the numerous environmental laws put into place by governments worldwide.
Given the value-added features that cover everything from garbage distribution and transportation to waste processing, trash can liners are anticipated to generate substantial prospects for market growth and investment for companies, especially in developing nations.
The market for trash can liners is anticipated to continue expanding steadily in the upcoming years because there are emerging nations where consumer demand for garbage storage and management bags has been growing steadily.
Local packaging businesses, individual customers, and retailers prioritizing product delivery in the local market are the primary forces behind expanding the trash can liners market. Projections indicate that the global trash can liner market is expected to experience a CAGR of 3.50% from 2024 to 2034.
Historical CAGR (2019 to 2023) | 2.80% |
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Forecasted CAGR (2024 to 2034) | 3.50% |
The provided table highlights the top five countries regarding revenue, with China and India leading the list. A comprehensive analysis shows India presents a substantial opportunity due to increased awareness of environmental issues.
Forecast CAGRs from 2024 to 2034
Countries | CAGR |
---|---|
The United States | 2.3% |
The United Kingdom | 2.5% |
China | 5.7% |
India | 6.5% |
Japan | 2.6% |
The trash can liner market in the United States is expanding at a CAGR of 2.3% during the forecast period. In the United States, garbage generation rates have increased due to population growth and urbanization, which has increased the demand for trash can liners in residential, commercial, and industrial settings.
The growing body of laws controlling waste management and environmental protection has exacerbated the need for premium trash can liners that adhere to strict requirements for strength, durability, and environmental impact in the country.
The trash can liner market in the United Kingdom is expanding at a CAGR of 2.5% during the forecast period. Keeping establishments clean and hygienic in the United Kingdom is crucial, particularly for hotels, restaurants, healthcare facilities, and other service-oriented enterprises. Liners for trash cans are essential for keeping garbage contained, avoiding cross-contamination, and guaranteeing adherence to safety and health standards.
Sustainability and environmental protection are highly valued in the United Kingdom. To reduce the negative effects of garbage disposal on the environment, there is an increasing need for environmentally friendly trash can liners made of compostable or biodegradable materials in the country.
China's trash can liner market is expanding at a CAGR of 5.7% during the forecast period. The number of residential complexes, business buildings, and public places has increased significantly because of China's fast urbanization, which has increased demand for waste management products like trash can liners.
China's rising disposable income levels have raised consumption rates and boosted the market for convenience goods. Trash can liners should become more popular as people look for easy ways to control waste. The rising awareness of environmental issues, including pollution and waste management driving the demand for eco-friendly trash can liners made from biodegradable or compostable materials.
India's trash can liner market is expanding at a CAGR of 6.5% during the forecast period. The increased concerns about cleanliness and hygiene in India, particularly in healthcare facilities, schools, and public spaces, contribute to market demand.
The Indian government has started several programs to enhance waste management procedures and encourage hygienic conditions and cleanliness throughout the nation. Initiatives like the Clean India Mission (Swachh Bharat Abhiyan) promote the use of trash can liners as an efficient way to contain and manage waste, stressing the need to dispose of waste properly.
Trash can liners are in greater demand in Japan in healthcare facilities and residential care homes due to an increased focus on hygiene and healthcare as the population ages.
Japan's robust economy and high levels of disposable income affect the country's consumers' purchasing patterns. Customers are more prepared to spend money on better trash can liners with extra features and benefits as their disposable income levels improve.
Convenience, efficiency, and hygiene are becoming increasingly important to Japanese consumers. As consumers seek cost-effective waste management solutions, trash can liners with features like leak prevention, odor control, and easy-to-use designs are becoming increasingly common. Due to the reasons above, Japan is expected to register a CAGR of 2.6% for the trash can liner market in the assessment period 2024 to 2034.
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The section below shows the leading segment. The PE segment is expected to account for a market share of 81.1% in 2024. Based on end-use, the services segment is expected to have a share of 24.6%.
Category | Market Share |
---|---|
PE | 81.1% |
Services | 24.6% |
The PE segment emerged as the dominant force in the trash can liner market, commanding 81.1% of the total market share in 2024. PE is a reasonably priced and easily obtainable material, which makes it a wise choice for trash can liners.
Customers and companies searching for cost-effective waste management solutions would find it appealing due to its affordability. PE liners are versatile enough to fit a range of trash can kinds and sizes because they are available in varying thicknesses, widths, and colors.
They are ideal for a variety of uses in domestic, business, and industrial contexts since they are easily customizable to match unique needs.
Based on end use, the services segment is expected to account for a market share of 24.6% in 2024. Maintaining hygienic and clean surroundings in the services industry is crucial for ensuring staff welfare, client happiness, and adherence to health and safety laws.
Liners for trash cans aid in waste containment, odor prevention, and simple, hygienic disposal, making the workplace and client areas cleaner and more enjoyable.
Healthcare facilities and food service organizations are two examples of enterprises in the services sector that produce particular waste kinds that call for particular treatment techniques.
To ensure safe and legal waste management procedures, trash can liners made for certain uses-such as biohazard liners for medical waste or high-density liners for heavy-duty applications-are crucial.
The leading trash can liner industry companies are attempting to increase their market share to gain a larger portion of the market. Because raw materials are easily accessible and entry barriers are low, a number of small businesses are concentrating on joining the market. Some of the other businesses are spending enormous sums of money on R&D to launch innovative products.
Attributes | Details |
---|---|
Estimated Market Size in 2024 | USD 6.8 billion |
Projected Market Valuation in 2034 | USD 9.7 billion |
Value-based CAGR 2024 to 2034 | 3.50% |
Forecast Period | 2024 to 2034 |
Historical Data Available for | 2019 to 2023 |
Market Analysis | Value in USD billion |
Key Regions Covered | North America; Latin America; Western Europe; Eastern Europe; South Asia and Pacific; East Asia; The Middle East and Africa |
Key Market Segments Covered | Material, Capacity, End-use, Region |
Key Countries Profiled | The United States, Canada, Brazil, Mexico, Germany, The United Kingdom, France, Spain, Italy, Russia, Poland, Czech Republic, Romania, India, Bangladesh, Australia, New Zealand, China, Japan, South Korea, GCC countries, South Africa, Israel |
Key Companies Profiled | Allied Plastics; The Clorox Company; Reynolds Consumer Products; Poly-America L.P.; 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 Ltd.; Primax; Berry Plastic Corporation |
As of 2024, the market for trash can liners is expected to be valued at USD 6.8 billion.
By 2034, the market value of trash can liners is expected to reach USD 9.7 billion.
From 2024 to 2034, the trash can liner market is expected to flourish at a CAGR of 3.50%
The PE segment is expected to account for a market share of 81.1% in 2024.
India is likely the top-performing market, with a CAGR of 6.5%.
1. Executive Summary 2. Market Overview 3. Market Background 4. Global Market Analysis 2019 to 2023 and Forecast, 2024 to 2034 5. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Material 5.1. PE 5.1.1. LDPE 5.1.2. LLDPE 5.1.3. HDPE 5.2. PP 5.3. Others 6. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Capacity 6.1. Up to 30 Litres 6.2. 30-90 Litres 6.3. 90-150 Litres 6.4. Above 150 Litres 7. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By End Use 7.1. Services 7.1.1. Facilities Management 7.1.2. Catering 7.1.3. Logistics 7.2. Healthcare 7.3. Industrial Product & Construction 7.4. Retail 7.5. Hospitality 7.6. Civil Government 7.7. Defense 7.8. Transportation 8. Global Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Region 8.1. North America 8.2. Latin America 8.3. Western Europe 8.4. Eastern Europe 8.5. South Asia and Pacific 8.6. East Asia 8.7. Middle East and Africa 9. North America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 10. Latin America Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 11. Western Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 12. Eastern Europe Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 13. South Asia and Pacific Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 14. East Asia Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 15. Middle East and Africa Market Analysis 2019 to 2023 and Forecast 2024 to 2034, By Country 16. Key Countries Market Analysis 17. Market Structure Analysis 18. Competition Analysis 18.1. Allied Plastics 18.2. The Clorox Company 18.3. Berry Global Inc. 18.4. Reynolds Consumer Products 18.5. International Plastics Inc 18.6. Cosmoplast Industrial Company LLC 18.7. Novolex 18.8. Dagoplast 18.9. Inteplast Group, Ltd 18.10. Achaika Plastic 19. Assumptions & Acronyms Used 20. Research Methodology
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