Market Size of United States Trash Bags Industry
Study Period | 2017-2027 |
Base Year For Estimation | 2021 |
Market Size (2023) | USD 2.77 Billion |
Market Size (2028) | USD 3.33 Billion |
CAGR (2023 - 2028) | 3.69 % |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
Need a report that reflects how COVID-19 has impacted this market and its growth?
US Trash Bags Market Analysis
The United States Trash Bags Market size is expected to grow from USD 2.77 billion in 2023 to USD 3.33 billion by 2028, at a CAGR of 3.69% during the forecast period (2023-2028).
Trash bags, typically made of polyethylene, are tough, light, and hold garbage securely without leakage or spillover. Thus, they are adopted across various residential, commercial, and industrial end-user industries.
- Increasing consumer demand for eco-friendly and easy-to-dispose trash bags is expected to boost market growth. Awareness of environmentally friendly products is expected to boost the demand for disposable garbage bags. Individuals' growing attention to cleanliness and hygiene has increased the need for trash bags.
- The increase in housing facilities in the country encourages the consumption of garbage bins in the home and, thus, trash bags. Also, trash bags have become more popular in places like hospitals and dorms because they are easy to find and cheap to buy in stores.
- The purchasing power of consumers has increased the demand for convenient, odor-resistant, and cost-effective trash bags for collecting garbage, intentionally increasing the market size of trash bags. The growing number of people living in cities creates a large need for garbage bags. This need, along with demand from businesses and households, will likely drive the garbage bag market forward over the next few years.
- However, governments and related regulatory bodies are imposing bans on plastics to reduce the plastic footprint. The resulting prohibition of plastic usage may drastically affect the trash bag market. The bans on plastic trash bags allow manufacturers to develop biodegradable or recyclable trash bags that enable them to support their business activities, thereby boosting the market's growth.
- The COVID-19 outbreak had minimal and short-term impacts on trash bag manufacturers. Supply chain disruptions, a lack of availability of raw materials used in the manufacturing process, labor shortages, and fluctuating prices are some of the consequences of lockdowns. Also, in the earlier phase of the COVID-19 pandemic, the demand for trash bags peaked due to the unavailability of PPE kits. Moreover, the Russia-Ukraine war has an impact on the overall packaging and bag market.