The global trash can liners market is projected to experience a steady growth trajectory over the next decade, recording a Compound Annual Growth Rate (CAGR) of 3.50% during the forecast period from 2024 to 2034. The market, valued at USD 6.8 billion in 2024, is anticipated to reach an impressive USD 9.7 billion by 2034.
Trash can liners are a staple in various environments including homes, offices, restaurants, hospitals, factories, and retail establishments. Growing awareness among consumers about environmental sustainability and health concerns, combined with government regulations promoting eco-friendly practices, is expected to significantly boost the demand for trash can liners during the forecast period.
The rise in per capita disposable income is another crucial factor driving demand for affordable, compact trash can liners, particularly in developing regions. As consumers seek efficient solutions for waste storage and management, the demand for innovative and cost-effective trash liners is on the rise.
Access Full Insights—Read More About This Report Now!
Emerging Opportunities in Developing Markets
The market is expected to provide ample growth and investment opportunities, especially in developing nations, where waste management infrastructure is rapidly improving. Trash can liners that offer value-added features, including enhanced garbage handling, distribution, and waste processing capabilities, are likely to gain traction in these regions.
As consumer demand for convenient and hygienic waste management solutions continues to rise, the trash can liners market is forecasted to maintain a consistent upward trend over the next decade. Manufacturers and investors are encouraged to focus on these emerging opportunities to capitalize on the growing market demand.
Key Takeaways from the Trash Can Liner Market
- From 2019 to 2023, the global trash can liner market recorded a Compound Annual Growth Rate (CAGR) of 2.80%.
- The United States trash can liner market is projected to grow at a CAGR of 2.3% during the forecast period.
- China shows a stronger growth trajectory, with its trash can liner market expanding at a CAGR of 5.7% during the forecast period.
- India leads growth rates, with its market expanding at a CAGR of 6.5% during the forecast period.
- Japan is expected to register a modest CAGR of 2.6% for the trash can liner market between 2024 and 2034.
- The PE (Polyethylene) segment is predicted to dominate, accounting for 81.1% market share in 2024.
- The services segment in terms of end-use is expected to hold 24.6% of the market share in 2024.
Competitive Landscape
The leading trash can liner industry companies are attempting to increase their market share to gain a larger portion of the market. Because raw materials are easily accessible and entry barriers are low, a number of small businesses are concentrating on joining the market. Some of the other businesses are spending enormous sums of money on R&D to launch innovative products.
- An extensive range of heavy-duty and all-purpose trash can liners are produced by Four Star Plastics. This high-performance trash can liners’ tubular construction helps prevent breakage on side seams.
- Extrapack – specializes in producing flexible packaging solutions, including trash can liners, for customers across industries such as retail, food service, healthcare, and hospitality.
- Primax – a manufacturer of plastic packaging products, including trash can liners, catering to customers in the United States and other global markets, with a focus on quality, innovation, and customer satisfaction.
Key Players
- Allied Plastics
- The Clorox Company
- Reynolds Consumer Products
- Poly-America L.P.
- Berry Global Inc.
- International Plastics Inc.
- Cosmoplast Industrial Company LLC
- Novolex
- NOVPLASTA
- Dagoplast
- Terdex
- MirPack
- Four Star Plastics
- Luban Pack
- Extrapack
- Clorox Australia
- Achaika Plastic
Key Segments Profiled in the Trash Can Liner Market
By Material Type:
- PE
- LDPE
- LLDPE
- HDPE
- PP
- Others
By Capacity:
- Up to 30 Litres
- 30-90 Litres
- 90-150 Litres
- Above 150 Litres
By End Use:
- Services
- Facility management
- Catering
- Logistics
- Healthcare
- Industrial Product & Construction
- Retail
- Hospitality
- Civil Government
- Defense
- Transportation
By Region:
- North America
- Latin America
- Western Europe
- Eastern Europe
- South Asia and Pacific
- East Asia
- The Middle East and Africa
About Future Market Insights (FMI)
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.
Contact Us:
Future Market Insights Inc.
Christiana Corporate, 200 Continental Drive,
Suite 401, Newark, Delaware – 19713, USA
T: +1-347-918-3531
For Sales Enquiries: sales@futuremarketinsights.com
Website: https://www.futuremarketinsights.com
LinkedIn| Twitter| Blogs | YouTube