In the top notch Compostable Biodegradable Refuse Bag market report, the complete and crystal clear outline of the market is penned down which is useful for many businesses. With this business report not only an unskilled individual but also a professional can easily extrapolate the entire market within a few seconds. TOC, graphs and tables included in the report helps understand the market size, share, trends, growth drivers and market opportunities and challenges. The credible Compostable Biodegradable Refuse Bag business report provides key statistics on the market status of global and regional manufacturers and is a valuable source of guidance and direction for the companies and individuals interested in the industry.

The market research study and research data covered in the consistent Compostable Biodegradable Refuse Bag report makes it a handy resource for managers, analysts, industry experts, and other key people get ready-to-access and self-analyzed study. Estimations about the rise or fall of the CAGR value for specific forecast period, market drivers, market restraints, and competitive strategies are evaluated in the report. With this market research report clients can focus on the data and realities of the industry which keeps business on the right path. Compostable Biodegradable Refuse Bag market report is the best overview about global industry perspective, comprehensive analysis, size, share, growth, segment, trends and forecast.

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As per the numerous studies, plastic is a significant factor in the development of many diseases and allergies. Plastics cause the deaths of millions of aquatic and terrestrial animals each year. Many plastic components, including polyvinylchloride and polystyrene, can lead to cancer, liver malfunction, and vertigo in addition to other ailments, according to a research released by the Ecology Center. People are starting to favor compostable and biodegradable goods as a response to this.

Global compostable biodegradable refuse bag market was valued at USD 265.69 million in 2021 and is expected to reach USD 514.06 million by 2029, registering a CAGR of 8.60% during the forecast period of 2022-2029. In addition to the market insights such as market value, growth rate, market segments, geographical coverage, market players, and market scenario, the market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.

Market Definition

The compostable and biodegradable refuse bags are made of organic materials from plants.  Blends of starches (corn, potato, and others), polylactic acid (PLA), PHA, PBAT, and other plant-based materials are used to create compostable and biodegradable garbage bags. The decomposition of these trash bags will minimally harm the ecosystem.

Opportunities

  • Surging Government Initiatives

The rising number of initiatives taken by government to promote plastic product alternatives and minimize environmental pollution further extend profitable opportunities to the market players in the forecast period of 2022 to 2029. Governments worldwide are launching new programs to reduce environmental pollution and the excessive use of plastic bags. For instance, India's national government outlawed single-use plastics. The use of compostable and biodegradable garbage bags is increasing as a result.

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Compostable Biodegradable Refuse Bag Market Regional Analysis/Insights

The compostable biodegradable refuse bag market is analyzed and market size insights and trends are provided by country, material type, form, thickness and end-use as referenced above.

The countries covered in the compostable biodegradable refuse bag market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

Asia-Pacific dominates the compostable biodegradable refuse bag market in terms of market share and market revenue and will continue to flourish its dominance during the forecast period of 2022-2029. The market growth over this region is attributed to the increasing government efforts to reduce plastic usage and the presence of leading market players within the region. Moreover, the high usage of refuse bags for retail applications is also projected to accelerate the market's growth within the region.

North America on the other hand, is estimated to show lucrative growth over the forecast period of 2022-2029, due to the growing consumer inclination towards ecofriendly products in the region. Moreover, the increasing investments in developing cost-effective and high-quality products is also projected to boost the market's growth within the region.

 

Some of the major players operating in the compostable biodegradable refuse bag market are

  • Mondi (U.K.)
  • Vegware Ltd, (U.K.)
  • VICTOR Güthoff & Partner GmbH (Germany)
  • CeDo Ltd (U.K.)
  • BioBag International AS (Norway)
  • Polybags Limited. (U.K.)
  • CLONDALKIN GROUP (Netherlands)
  • Plastiroll Oy LTD (Finland)
  • The Biodegradable Bag Company Ltd. (India)
  • MirPack (Spain)
  • The Compost Bag Company nv/sa (Belgium)
  • SIMPAC. (South Korea)
  • TERDEX GmbH (Germany)
  • Pack-It BV (Netherlands)
  • Cromwell Polythene Ltd. (U.K.)
  • Flexopack (Greece)
  • Virosac Srl (Italy)

Major TOC of the Compostable Biodegradable Refuse Bag Market Report


• INTRODUCTION
• MARKET SEGMENTATION
• MARKET OVERVIEW
• EXECUTIVE SUMMARY
• PREMIUM INSIGHTS
• Integrated Passive Device Market
• COMPANY PROFILE
• COMPONENT MANUFACTURER
• CONCLUSION
• QUESTIONNAIRE
• RELATED REPORTS

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