Huge amount of waste is generated from households, schools, offices, market places, restaurants, industries, commercial complexes, agriculture, and places. Hence, trash bags are required for collection, storage, transportation, and disposal of generated waste. Increasing waste generation is expected to drive demand for trash bags over the forecast period.
Market Dynamics
Increasing waste generation is expected to provide potential opportunities for trash bags market in Europe. According to the European Environment Agency, between the time period 2010 and 2016, the total waste generation was increased by 3.0% (around 74.7 million tons) in the EU-28 countries. Absolute total waste was increased by 6.0% (48.1 million tons) and the waste generation per capita went up by 70 kg per capita. According to the same source, in 2016, water and waste (28.0%), households (23.0%), and manufacturing (21.0%) sectors generated largest shares of wastes. These three sectors produced almost 72% of all wastes in the EU-28 countries. The average amount of wastes generated per person, excluding major mineral wastes, in the EU countries was 1,783 kg/capita, in 2016.
Growing need for waste management is anticipated to boost the market growth. For instance, municipal corporations are focusing on separating the collection of waste for proper waste management. For instance, in 2011, Milan (Italy) introduced a separate collection of kitchen waste for composting and anaerobic digestion. The kitchen waste is collected twice a week via small bins with a special airy structure. This is a main driver in increasing the separate waste collection rate from 35% to 54%.
Key features of the study:
- This report will provide an in-depth analysis of Europe trash bags market, and provides market size (US$ Million and KT) and compound annual growth rate (CAGR %) for the forecast period (2023-2030), considering 2022 as the base year
- It will elucidate potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the Europe trash bags market based on the following parameters company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
- Key companies covered as a part of this market analysis report includes Cosmoplast, Kemii Garbage Bag Co. Ltd., Berry Global Inc., Novolex, Pack-It B.V., Novplasta CZ, Sro, Emil Deiss KG, Dagoplast, Achaika Plastics S.A., and Terdex GmBH
- Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology up gradation, market expansion, and marketing tactics
- The Europe trash bags market report caters to various stakeholders in this industry including investors, suppliers, Europe trash bags manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Europe trash bags market
Detailed Segmentation:
- Europe Trash Bags Market, By Material Type:
- Low Density Polyethylene (LDPE)
- High Density Polyethylene (HDPE)
- Linear Low Density Polyethylene (LLDPE)
- Polypropylene (LBP)
- Others (Woven Polypropylene, etc.)
- Europe Trash Bags Market, By Capacity:
- Up to 5 Gallons
- 6-10 Gallons
- 11-15 Gallons
- 16-20 Gallons
- 21 Gallons & above
- Europe Trash Bags Market, By Distribution Channel:
- Hypermarkets & Supermarkets
- Convenience Stores
- Online
- Departmental Stores
- Europe Trash Bags Market, By Application:
- Residential
- Commercial
- Industrial
- Europe Trash Bags Market, By Countries:
- Europe
- U.K.
- Italy
- France
- Germany
- Spain
- Russia
- Rest of Europe
- Company Profiles
- Cosmoplast*
- Company Overview
- Product Portfolio
- Financial Performance
- Key Strategies
- Recent Developments
- Future Plans
- Kemii Garbage Bag Co. Ltd.
- Berry Global Inc.
- Novolex
- Pack-It B.V.
- Novplasta CZ, Sro
- Emil Deiss KG
- Dagoplast
- Achaika Plastics S.A.
- Terdex GmBH.