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About this market
Emergence of recycled disposable garbage bags to drive growth in the market. As raw material prices have risen significantly while many are difficult to procure, disposable garbage bags manufacturer have begun using recyclable PET plastics as raw materials. analysts have predicted that the disposable garbage bags market will register a CAGR of almost 5% by 2023.
Market Overview
Increasing demand from commercial end-users
The substantial increase in the amount of waste generated by offices and the hospitality sector, across the world is triggering demand for disposable bags as an ideal solution to dump and dispose recurring waste.
Plastic ban in several countries
Disposable bags primarily made single-use plastic material are banned both directly and indirectly by leviying high taxes on them in many states and cities in countries such as the UK, France, Kenya, New Zealand, Taiwan, Zimbabwe, Australia, the US, India, Canada, China, and others.
For the detailed list of factors that will drive and challenge the growth of the disposable garbage bags market during the 2019-2023, view our report.
Competitive Landscape
The market appears to be fragmented and with the presence of several companies including Berry Global and Harwal Group of Companies the competitive environment is quite intense. Factors such as the rising demand from commercial end-users and the emergence of recycled disposable garbage bags, will provide considerable growth opportunities to disposable garbage bags manufactures. Berry Global, Harwal Group of Companies, Reynolds Group Holdings, The Clorox Company, and Weifang Kangle Plastics are some of the major companies covered in this report.
Emergence of recycled disposable garbage bags to drive growth in the market. As raw material prices have risen significantly while many are difficult to procure, disposable garbage bags manufacturer have begun using recyclable PET plastics as raw materials. analysts have predicted that the disposable garbage bags market will register a CAGR of almost 5% by 2023.
Market Overview
Increasing demand from commercial end-users
The substantial increase in the amount of waste generated by offices and the hospitality sector, across the world is triggering demand for disposable bags as an ideal solution to dump and dispose recurring waste.
Plastic ban in several countries
Disposable bags primarily made single-use plastic material are banned both directly and indirectly by leviying high taxes on them in many states and cities in countries such as the UK, France, Kenya, New Zealand, Taiwan, Zimbabwe, Australia, the US, India, Canada, China, and others.
For the detailed list of factors that will drive and challenge the growth of the disposable garbage bags market during the 2019-2023, view our report.
Competitive Landscape
The market appears to be fragmented and with the presence of several companies including Berry Global and Harwal Group of Companies the competitive environment is quite intense. Factors such as the rising demand from commercial end-users and the emergence of recycled disposable garbage bags, will provide considerable growth opportunities to disposable garbage bags manufactures. Berry Global, Harwal Group of Companies, Reynolds Group Holdings, The Clorox Company, and Weifang Kangle Plastics are some of the major companies covered in this report.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
- By product type
- By End User/Applications
- By Technology
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.
