The Future of Trash Bags: Market Projections and Innovations
The global trash bags market size was estimated at USD 12.04 billion in 2023 and is expected to grow at a CAGR of 6.1% from 2024 to 2030. The market is experiencing a significant shift toward sustainable and biodegradable materials, driven by increasing environmental awareness, stringent regulations, and consumer demand for eco-friendly solutions. Growing awareness of plastic pollution and its detrimental effects on ecosystems has led to stricter regulations and policies globally. Governments and organizations are implementing bans on single-use plastics and promoting biodegradable alternatives. Gather more insights about the market drivers, restraints and growth of the Trash Bags Market the European Union's Single-Use Plastics Directive aims to reduce plastic waste and encourages the use of biodegradable materials in products like trash bags. There's a marked shift in consumer behaviour, with a preference for products that are sustainable and have a lower env...