Global Garbage Bags Market Size & Outlook, 2023-2030
The garbage bags industry worldwide is expected to reach a projected revenue of US$ 18,273.5 million by 2030. A compound annual growth rate of 6.6% is expected of the worldwide garbage bags industry from 2024 to 2030.
Revenue, 2023 (US$M)
$11,713.0
Forecast, 2030 (US$M)
$18,273.5
CAGR, 2024 - 2030
6.6%
Report Coverage
Worldwide
Global garbage bags market, 2018-2030 (US$M)
Global garbage bags market highlights
- The global garbage bags market generated a revenue of USD 11,713.0 million in 2023 and is expected to reach USD 18,273.5 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 6.6% by 2030.
- In terms of segment, low density polyethylene accounted for a revenue of USD 11,713.0 million in 2023.
- Low Density Polyethylene is the most lucrative material segment registering the fastest growth during the forecast period.
- In terms of region, Asia Pacific was the largest revenue generating market in 2023.
Global data book summary
| Market revenue in 2023 | USD 11,713.0 million |
| Market revenue in 2030 | USD 18,273.5 million |
| Growth rate | 6.6% (CAGR from 2023 to 2030) |
| Largest segment | Low density polyethylene |
| Fastest growing segment | Low Density Polyethylene |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Low Density Polyethylene |
Other key industry trends
- In terms of revenue, the North America accounted for 26.9% of the global garbage bags market in 2023.
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Garbage Bags Market Scope
Garbage bags market segmentation & scope
Low Density Polyethylene
High Density Polyethylene
Linear Low Density Polyethylene
Bio-Degradable Polyethylene
Others
Size
3-13 Gallons
14-50 Gallons
Above 50 Gallons
End Use
Household
Commercial
Hospitality & Food Service
Institutional
Retail
Others
Distribution Channel
B2B
B2C
Hypermarkets/ Supermarkets
Convenience Stores
Departmental Stores
Online
Others
Countries
U.S.
Canada
Mexico
UK
Germany
France
Italy
Spain
Japan
China
India
Australia
New Zealand
South Korea
Chile
South Africa
Garbage Bags Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Global garbage bags market size, by regions, 2018-2030 (US$M)
Related regional statistics
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