A recent report published by
Infinium Global Research on disposable garbage bags market provides an in-depth
analysis of segments and sub-segments in the global as well as regional
disposable garbage bags market. The study also highlights the impact of
drivers, restraints, and macro indicators on the global and regional disposable
garbage bags market over the short term as well as long term. The report is a
comprehensive presentation of trends, forecast and dollar values of global disposable
garbage bags market. According to the report, the global disposable garbage
bags market is projected to grow at a CAGR of 5.1% over the forecast period of
2019-2025.
The disposable garbage bags
market is fragmented with the presence of a number of players in it. The major
players are investing in research and development to enhance the quality,
design, smell resistance, and capacity of disposable garbage bags. Companies
are focusing on reducing the production costs of disposable garbage bags to
maximize their profits. Disposable garbage bags are effective for waste
management and facilitate clean hygiene.
The growing environmental
regulations related to the disposal of garbage bags drive the growth of the
disposable garbage bags market. The increasing awareness about cleaning and
sanitation among people fuels the growth of disposable garbage bags market. The
rising disposable income and increasing consumer purchasing power contribute to
the growth of the disposable garbage bags market. The increasing demand for
cost-effective and convenient garbage bags promotes the growth of the
disposable garbage bags market. Stretchable bags are in high demand for waste
collection. On the other hand, strict rules and regulations regarding the use
of plastic bags hinder the growth of the disposable garbage bags market.
Moreover, research and development in the quality and smell resistance
properties of garbage bags create novel opportunities for the growth of
disposable garbage bags market.
On the basis of geography, the
global disposable garbage bags market is segmented into North America,
Asia-Pacific, Europe, and the Rest of the World. Europe is anticipated to be
dominant in the global disposable garbage bags market. The waste management
policies in Europe contribute to the growth of Europe's disposable garbage bags
market. Asia-Pacific region is anticipated to grow in the global disposable
garbage bags market with a healthy CAGR over the forecast period. The rising
need for efficient and effective waste management stimulates the growth of the
Asia-Pacific disposable garbage bags market. North America is also growing in
the global disposable garbage bags market.
The report on global disposable
garbage bags market covers segments such as type, application, and distribution
channel. On the basis of type, the sub-markets include degradable, and
non-degradable. On the basis of application, the sub-markets include residential,
commercial, and industrial. On the basis of distribution channel, the
sub-markets include supermarkets, convenience stores, and online stores.
The report provides profiles of
the companies in the market such as Al shoaibi Plastic Factory, Luban Packing,
Dunplast Poly Bag Ltd, Four Star Plastics, Inc., Zubairi Plastic Bags Industry
LLC, International Plastics Inc., Amrit Plastochem Pvt Ltd, Hefty Brand
Products & Home Solutions, The Glad Products Company, Pack-It BV, and Other
companies.
The report provides deep insights
into the demand forecasts, market trends, and micro and macro indicators. In
addition, this report provides insights into the factors that are driving and
restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis
given in the report brings an insight into the investment areas that existing
or new market players can consider. The report provides insights into the
market using analytical tools such as Porter's five forces analysis and DRO
analysis of disposable garbage bags market. Moreover, the study highlights
current market trends and provides forecast from 2019-2025. We also have
highlighted future trends in the market that will affect the demand during the
forecast period. Moreover, the competitive analysis given in each regional
market brings an insight into the market share of the leading players.
Please Choose One of them.