Compostable Garbage Bags Market by Capacity (11-30 Kilograms, Above 30 Kilograms, Up to 10 Kilograms), Thickness (21-50 Micron, 51-75 Micron, Above 75 Micron), Distribution, Application - Global Forecast 2024-2030

Compostable Garbage Bags Market by Capacity (11-30 Kilograms, Above 30 Kilograms, Up to 10 Kilograms), Thickness (21-50 Micron, 51-75 Micron, Above 75 Micron), Distribution, Application - Global Forecast 2024-2030

The Compostable Garbage Bags Market size was estimated at USD 449.43 million in 2023 and expected to reach USD 479.68 million in 2024, at a CAGR 7.20% to reach USD 731.44 million by 2030.Compostable bags are a type of bag designed to break down and decompose into organic matter in composting environments. Compostable bags are manufactured using natural plant starch which breaks down readily in a composting system through microbial activity to form compost. Compostable bags must meet specific standards and certifications, such as the ASTM D6400 or EN 13432 standards which ensure that the bags break down within a specific timeframe and leave behind minimal residue or toxins. Growing concerns about environmental sustainability and the availability of regulations and policies to reduce plastic waste and promote sustainable waste management practices are driving the demand for compostable bags. The availability and accessibility of composting facilities and continued innovation in compostable bag materials, design, and performance are expected to expand the scope of compostable garbage bags.Regional InsightsGrowing environmental consciousness among consumers, businesses, and governments is elevating the usage of compostable garbage bags across the Americas, Asia-Pacific, and Europe. There is an increasing demand for sustainable goods, such as sustainable garbage bags, as a result of greater awareness of the damage that plastic waste causes to ecosystems. Several countries in the Asia-Pacific region are implementing regulations and policies to address plastic pollution and promote sustainable practices. Bans on single-use plastics and plastic bag restrictions have been enacted in countries such as China, India, and Australia, subsequently expanding the scope for compostable garbage bags in Asia-Pacific. The EMEA region has a well-established waste management infrastructure, particularly in European countries. Municipalities and waste management companies implemented comprehensive waste collection and recycling systems, thereby creating a platform for global compostable garbage bags in EMEA.

FPNV Positioning Matrix

The FPNV Positioning Matrix is pivotal in evaluating the Compostable Garbage Bags Market. It offers a comprehensive assessment of vendors, examining key metrics related to Business Strategy and Product Satisfaction. This in-depth analysis empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success: Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The Market Share Analysis is a comprehensive tool that provides an insightful and in-depth examination of the current state of vendors in the Compostable Garbage Bags Market. By meticulously comparing and analyzing vendor contributions in terms of overall revenue, customer base, and other key metrics, we can offer companies a greater understanding of their performance and the challenges they face when competing for market share. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With this expanded level of detail, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Key Company Profiles

The report delves into recent significant developments in the Compostable Garbage Bags Market, highlighting leading vendors and their innovative profiles. These include ALUF Plastics, Arihant Industries, Bag to Earth, BASF SE, BioBag International AS., Biograde Nanjing Pty. Ltd. by SECOS Group, Compost Bag China, Dunplast Poly Bag Ltd., Easy Flux, Easy Flux polymers Pvt Ltd, Go-Compost Fam, Green Paper Products, Grove Collaborative, Inc., Hytrend Investments Group, International Plastics Inc., Koninklijke Paardekooper Group, Leadpacks (Xiamen) Environmental Protection Packing Co., Ltd., Monopacking, Natur-Tec by Northern Technologies International Corporation., Navkar Plastic, Novolex, Plasto Manufacturing Company, Polykar Industries Inc., Shandong Aisun ECO Materials Co., LTD., Symphony Polymers Private Limited, The Clorox Company, UNNI Corporation, US Poly Pack, Vegware Ltd, Vivagreen Group., and VOUSSERT SAS.

Market Segmentation & Coverage


This research report categorizes the Compostable Garbage Bags Market to forecast the revenues and analyze trends in each of the following sub-markets:

Capacity
11-30 Kilograms
Above 30 Kilograms
Up to 10 Kilograms
Thickness
21-50 Micron
51-75 Micron
Above 75 Micron
Less 20 Micron
Distribution
Offline
Online
Application
Commercial
Industrial
Residential
Region
Americas
Argentina

Brazil

Canada

Mexico

United States
California

Florida

Illinois

New York

Ohio

Pennsylvania

Texas
Asia-Pacific
Australia

China

India

Indonesia

Japan

Malaysia

Philippines

Singapore

South Korea

Taiwan

Thailand

Vietnam
Europe, Middle East & Africa
Denmark

Egypt

Finland

France

Germany

Israel

Italy

Netherlands

Nigeria

Norway

Poland

Qatar

Russia

Saudi Arabia

South Africa

Spain

Sweden

Switzerland

Turkey

United Arab Emirates

United Kingdom

The report offers valuable insights on the following aspects:

1. Market Penetration: It presents comprehensive information on the market provided by key players.
2. Market Development: It delves deep into lucrative emerging markets and analyzes the penetration across mature market segments.
3. Market Diversification: It provides detailed information on new product launches, untapped geographic regions, recent developments, and investments.
4. Competitive Assessment & Intelligence: It conducts an exhaustive assessment of market shares, strategies, products, certifications, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players.
5. Product Development & Innovation: It offers intelligent insights on future technologies, R&D activities, and breakthrough product developments.

The report addresses key questions such as:

1. What is the market size and forecast of the Compostable Garbage Bags Market?
2. Which products, segments, applications, and areas should one consider investing in over the forecast period in the Compostable Garbage Bags Market?
3. What are the technology trends and regulatory frameworks in the Compostable Garbage Bags Market?
4. What is the market share of the leading vendors in the Compostable Garbage Bags Market?
5. Which modes and strategic moves are suitable for entering the Compostable Garbage Bags Market?

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