As per Future Market Insights, the global scented trash bags market is projected to reach a valuation of US$ 1.7 billion in 2022. Demand is forecast to increase at a 3.5% CAGR over the assessment period, pushing the market size to US$ 2.3 billion by 2032.
Smart trash cans provide advanced features such as self-changing, self-sealing, and automatic garbage disposal, offering convenience and efficiency to users. The pioneering TOWNEW bin from Knectek Labs Inc. exemplifies this innovation with its touchless operation, activated by a simple wave of the hand.
To enhance the user experience further, scented trash bags can be utilized in these smart bins. By incorporating automation into the garbage disposal process, the demand for scented trash bags is anticipated to surge. This symbiotic relationship between smart trash cans and scented trash bags underscores the evolving landscape of waste management solutions driven by technological advancements.
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Key Takeaways:
- Based on material, sales in the Polyethylene segment are forecast to create an incremental opportunity of US$ 391 Million by the end of 2032.
- By capacity, demand for up to 10 gallons scented trash bags is anticipated to remain high.
- In terms of end user, the retail & consumer end use segment is estimated to hold 51% of the total market share by 2032.
- The U.S. scented trash bags market is expected to create an incremental opportunity of US$ 101.5 Million over the forecast period.
Sales in the Germany scented trash market are anticipated to grow at a 2.9% CAGR over the forecast period.
“The scented trash bags market is driven by increasing focus on minimizing the risk of disease spread, along with surging demand for biodegradable waste disposal options. Leading manufacturers are emphasizing the incorporation of material-level innovation and increasing market presence through new product development,” says FMI Analyst.
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List of Key Players Covered in Scented Trash Bags Market are:
- The Clorox Company
- Berry Global, Inc.
- Reynolds Consumer Products, LLC
- Napco National
- Simplehuman, LLC
- Yantai Bagease Packaging Products Co., Ltd.
- AbbeyPolythene Ltd.
- Sakthi Poly Products
- Shenzhen Juyi FII Co., Ltd.
- Easy Flux Polymers Pvt. Ltd.
Scented Trash Bags Market Report
Future Market Insights, in its new report, offers an unbiased analysis of the global market for scented trash bags market by material type (Polyethylene (PE) ((Low-density Polyethylene (LDPE), Linear Low-density Polyethylene (LLDPE), High-density Polyethylene (HDPE))), Polypropylene (PP), bioplastics), capacity (up to 10 gallons, 11-25 gallons, 26-55 gallons, above 55 gallons) and end user (retail & consumer, institutional, industrial) across seven regions.
About the Packaging Division at Future Market Insights
The packaging division at Future Market Insights provides an in-depth historical analysis and projections for the next ten years and covers the competitive landscape through a unique dashboard view. Ranging from packaging materials, packaging machinery to packaging designs & formats, Future Market Insights has an exhaustive database for these industry verticals, serving clients with unique research offerings and strategic recommendations. With a repository of 1,000+ reports, the team has analysed the packaging industry comprehensively in 50+ countries. The team evaluates every node of the value chain and provides end-to-end research and consulting services; reach out to explore how we can help.
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Future Market Insights, Inc. (ESOMAR certified, recipient of the Stevie Award, and a member of the Greater New York Chamber of Commerce) offers profound insights into the driving factors that are boosting demand in the market. FMI stands as the leading global provider of market intelligence, advisory services, consulting, and events for the Packaging, Food and Beverage, Consumer Technology, Healthcare, Industrial, and Chemicals markets. With a vast team of over 400 analysts worldwide, FMI provides global, regional, and local expertise on diverse domains and industry trends across more than 110 countries.
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