Global trash can liners market was valued at US$ 387.80 million in 2021 and is estimated to reach a valuation of US$ 602.67 million by 2030 at a CAGR of 5.23% during the forecast period, 2022–2030.
Trash can liners are becoming increasingly popular as people become more conscious of the environment, hygiene and cleanliness. The eco-friendly benefits of using trash can liners include reducing the amount of waste that is created, keeping surfaces cleaner, and preventing odors from rising up into the air. In addition, many people find that they prefer using trash can liners because they make emptying the trash much easier.
There are a variety of types of trash can liners available on the global trash can liners market today. Some common types of trash can liners are thermal liners, disposable liner systems, and biodegradable liners.
The growing demand for trash can liners has resulted in a surge in production of these products. Many companies have begun to focus on developing new trash can liner technologies, which promises to provide consumers with better quality and longer-lasting liners. This increase in production has also led to an increase in the cost of these products. However, as producers continue to improve their products, the cost of trash can liners is likely to fall over time.
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Market Dynamics
Drivers
Rising Awareness About Hygiene & Cleanliness
Compared to developing economies, developed trash can liners market witnesses’ higher consumption of garbage bags. This can be attributed to the high discretionary income and high standard of living in industrialized economies. In developed economies such as the US, the usage of garbage bags is considered more of a necessity rather than a luxury.
Thanks to the rapid urbanization in emerging markets, the popularity of garbage bags has increased significantly, which is further supported by increase in disposable.
Growing attention to environmental and health issues is anticipated to play a major role in promoting trash can liners market growth in the coming years. In addition to this, favorable government regulations, increasing demand for garbage storage and handling bags, and an increase in the number of packaging businesses and retailers are expected to generate positive avenues for the market in long term. Moreover, the trash can liners market will benefit from rising environmental consciousness and an increase in the number of government initiatives supporting the environment
Trends
Rising Preference for Eco-friendly Trash Can Liners
The sales of scented and biodegradable garbage bags are expected to increase during the forecast period due to increasing consumer focus on sustainability. From the last few years, people are increasingly opting for eco-friendly products to avoid addition to plastic population and stick to the government laid ban of plastic trash can liners. Customers prefer barrier-coated bags with reusable content because they are reusable.
However, there are several features of scented garbage bags that appeal to end-users, including leak-proof, puncture-resistant, tear-resistant, and weight-retaining properties with a refreshing scent. With some states banning single-use plastic bags in the US and across European countries, there is a high demand for eco-friendly trash bags. The use of scented garbage bags is becoming more and more popular because they reduce odors and improve the disposal process.
Restraints
Stringent Regulatory Guidelines and Issues Associated Recycled Plastic
Due to the strict regulatory guidelines regarding the use of plastic, companies today are introducing different waste containers for different waste collection and disposal activities.
For example, The Glad Products Company newly launched plant-based trash bags to provide consumers with sustainable trash bags and raise user awareness of the value of reusing, reducing, and recycling. Growing consumer demand for quick-dispense eco-friendly garbage bags and growing consumer awareness about the benefits of using eco-friendly products are expected to drive trash can liners market expansion.
Although recycled plastic bags degrade differently than virgin plastic, they require fewer raw resources and contribute to a more active market for recycled plastic, helping to reduce overall waste. Most reusable bags end up in landfills just like regular bags.
Market Segmentation
Material Type Analysis
Based on material type, the trash can liners market is segmented into Polyethylene (PE), Low-Density Polyethylene (LDPE), High-Density Polyethylene (HDPE), Low-Density Polyethylene (LLDPE), Polypropylene (PP), and others.
Polypropylene (PP) is expected to grow at the highest CAGR at 6.11% during the forecast period thanks to cost-effectiveness, high melting point, and non-toxic nature. Moreover, PP is highly flexible & resilient material as it offers several useful physical properties as well.
Size Analysis
Based on size, the trash can liners market is segmented into small size (up to 5 liters), medium size (between 5 and 20 liters) and large size (more than 20 liters).
The medium size (between 5 and 20 liters) was dominating the global market with market share of 48% in 2021, which is also projected reach market share of 49% by 2030. They are in high demand as these bags have low density & are designed to stretch, so when people put heavier or pointy objects inside, they won't tear as easily. These bags are excellent for use in taller kitchen trash cans or at restaurants and other establishments that serve food. It can also be utilized in a restroom, office, or recycling bin.
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End User Analysis
By End user, the trash can liners market is segmented into retail and consumer, institutional, industrial and others.
The retail segment occupied the highest market share of 45.2% in 2021. As per our study, the segment is projected to generate around 47.5% of market revenue by the end of 2030. This is because of the great durability and storage capacity of these can liners. There is also a high demand for star sealed bottom garbage bags on a global scale. Although drawstring trash bags are frequently utilized in the retail sector, they are rarely employed in the institutional and industrial sectors due to the lack of big capacity drawstring garbage bags in these sectors.
Regional Analysis:
North America is dominating the global trash can liners market. In 2021, the region generated around 32.8% of the global revenue. This dominance of the region can be attributed to higher adoption of trash can liners products across major developed economies such as U.S., Canada, and Mexico.
Competitive Landscape:
The Clorox Creompany, Reynolds Consumer Products, Poly-America, L.P, Berry Global Inc., International Plastics Inc. are some of the key players in the global trash can liners market. These five major players are collectively accounted for a market share of close to 20% in 2021.
List of Key Companies Profiled:
Recent Strategies Adopted by Key Players
Segmentation Overview
By Material Type
By Size
By End User
By Region segment of the Global Trash Can Liners Market is sub-segmented into:
Report Attribute | Details |
---|---|
Market Size Value in 2021 | US$ 387.80 Million |
Expected Revenue in 2030 | US$ 602.67 Million |
Historic Data | 2017-2020 |
Base Year | 2021 |
Forecast Period | 2022-2030 |
Unit | Value (USD Mn) |
CAGR | 5.23% |
Segments covered | By Material Type, By Size, By End-User, By Region |
Key Companies | The Clorox Company, Reynolds Consumer Products, Poly-America, L.P, Berry Global Inc., International Plastics Inc., Cosmoplast Industrial Company LLC, Novolex Holdings, NOVPLASTA CZ, s.r.o., Dagoplast AS, Other Prominent Players |
Customization Scope | Get your customized report as per your preference. Ask for customization |
Polyethylene (PE), low-density polyethylene (LDPE), high-density polyethylene (HDPE), low-density polyethylene (LLDPE), polypropylene (PP), and others are the main types of material that are used in trash can liners.
Major industries where trash can liners are being used includes retail and consumer, institutional, industrial, and others.
The main benefits of trash cans liners include eliminating the need to scrub and sand the garbage cans yourself, saving time and costs associated with additional maintenance, easy moving to another location, easy to clean and replace, etc.
The Global Trash Can Liners Market is projected to grow at a CAGR of 5.23% during the forecast period 2022-2030 and is expected to reach US$ 602.67 Million by 2030.
Factor such as rising awareness regarding hygiene among the population, and increasing preferences for eco-friendly trash can liners, drives the growth in the global trash can liners market over the forecast period.
The polyethylene (PE) segment holds the largest CAGR in the Global Trash Can Liners Market during the forecast period.
Stringent regulatory guidelines and issue associated with the recycling of plastic inhibit the growth of the trash can liners market during the forecast period.
North America holds the major share in terms of revenue in the global trash can liners market.
The US holds the major share in terms of revenue in the North America Trash Can Liners Market.
Growing waste management industry worldwide provides a lucrative growth opportunity in the trash can liners market.
Material Type, Size, End Users, and Country are the different segments in the Global Trash Can Liners Market.
The Clorox Company, Reynolds Consumer Products, Poly-America, L.P, Berry Global Inc., International Plastics Inc., and Cosmoplast Industrial Company LLC, among others.
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