Market Overview:
The global environmentally degradable refuse sacks market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about environmental degradation and the need for sustainable packaging solutions. In addition, the increasing demand for biodegradable and photodegradable materials is also contributing to the growth of this market. On the basis of type, biodegradable materials are expected to account for a larger share of the global environmentally degradable refuse sacks market than photodegradable materials during the forecast period. This can be attributed to their ability to decompose naturally under aerobic or anaerobic conditions, without leaving any harmful residue behind. On the basis of application, commercial use is expected to account for a larger share of this market than home use duringthe forecast period.
Product Definition:
Refuse sacks that degrade quickly and easily in the environment. They are often made from biodegradable materials, such as cornstarch, which break down into natural components like water and carbon dioxide.
Biodegradable Materials:
Biodegradable materials are those which can be broken down by the action of bacteria and enzymes into carbon dioxide, water, and other end products. Biodegradable materials include plastics such as polyethylene (PE), polypropylene (PP), polystyrene (PS), acrylonitrile butadiene styrene (ABS) and nylon among others; non-biodegradable materials are those which do not break down in the natural environment.
Photodegradable Materials:
Photodegradable materials are those which can be broken down by natural or artificial light into simpler components, therefore cannot be recycled. Some common examples of photodegradable materials include plants, leaves and grass cuttings; wood; paper & paper waste; dry grasses (sod); concrete dust; human hair & nails and animal bones.
Application Insights:
The commercial use segment held the largest share of over 70.0% in 2017. The growth can be attributed to the growing construction industry across various regions, including Asia Pacific and Middle East & Africa on a global level. Rapid urbanization in emerging economies such as India and China is also expected to contribute significantly towards market growth over the forecast period.
The home use segment is projected to expand at a CAGR of XX% from 2018 to 2030 owing to increasing awareness about sanitation among consumers across various regions, especially in North America and Europe where environmental issues are highly valued by consumers for proper disposal of refuse sacks at home accordingly leading to increased demand for environmentally degradable sack products globally.
Regional Analysis:
Europe dominated the global market in 2017 owing to high awareness regarding the product benefits and its application scope. The regional market is expected to grow at a significant rate over the forecast period due to increasing commercial construction activities in countries, such as Germany, U.K., France, Italy, and Spain.
The Asia Pacific region is projected to witness growth soon due to rapid urbanization coupled with growing population in countries like China and India. Moreover, rising disposable income levels are anticipated to fuel industry expansion over the next eight years. The Middle East & Africa region is also estimated To grow significantly over the forecast period owing their large construction sector that mainly consists of residential buildings; hotels; hospitals; schools; factories; offices etc.; which require environmentally degradable refuse sacks for waste management purposes only.
Growth Factors:
- Increasing awareness about the benefits of using environmentally degradable refuse sacks among consumers.
- Government initiatives and regulations promoting the use of environmentally degradable refuse sacks.
- Rising demand for biodegradable plastics from packaging and agricultural industries.
- Growing popularity of composting as a waste management solution among households and businesses.
- Technological advancements in the production of biodegradable plastics that make them more affordable and accessible to consumers
Scope Of The Report
Report Attributes
Report Details
Report Title
Environmentally Degradable Refuse Sacks Market Research Report
By Type
Biodegradable Materials, Photodegradable Materials
By Application
Commercial Use, Home Use
By Companies
Berry Global Group, Clorox, Four Star Plastics, GCR GROUP, Mirpack, International Plastics, Terdex, Plascon Group, Plastiroll, Futamura
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
175
Number of Tables & Figures
123
Customization Available
Yes, the report can be customized as per your need.
Global Environmentally Degradable Refuse Sacks Market Report Segments:
The global Environmentally Degradable Refuse Sacks market is segmented on the basis of:
Types
Biodegradable Materials, Photodegradable Materials
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Commercial Use, Home Use
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- Berry Global Group
- Clorox
- Four Star Plastics
- GCR GROUP
- Mirpack
- International Plastics
- Terdex
- Plascon Group
- Plastiroll
- Futamura
Highlights of The Environmentally Degradable Refuse Sacks Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Biodegradable Materials
- Photodegradable Materials
- By Application:
- Commercial Use
- Home Use
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Environmentally Degradable Refuse Sacks Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
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- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Environmentally degradable refuse sacks are made from a variety of materials that can be broken down by the environment, such as paper and plastics. This type of sack helps reduce the amount of waste that needs to be disposed of, which in turn reduces environmental impact.
Some of the key players operating in the environmentally degradable refuse sacks market are Berry Global Group, Clorox, Four Star Plastics, GCR GROUP, Mirpack, International Plastics, Terdex, Plascon Group, Plastiroll, Futamura.
The environmentally degradable refuse sacks market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Environmentally Degradable Refuse Sacks Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Environmentally Degradable Refuse Sacks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Environmentally Degradable Refuse Sacks Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Environmentally Degradable Refuse Sacks Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Environmentally Degradable Refuse Sacks Market Size & Forecast, 2018-2028
4.5.1 Environmentally Degradable Refuse Sacks Market Size and Y-o-Y Growth
4.5.2 Environmentally Degradable Refuse Sacks Market Absolute $ Opportunity
Chapter 5 Global Environmentally Degradable Refuse Sacks Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Environmentally Degradable Refuse Sacks Market Size Forecast by Type
5.2.1 Biodegradable Materials
5.2.2 Photodegradable Materials
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Environmentally Degradable Refuse Sacks Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Environmentally Degradable Refuse Sacks Market Size Forecast by Applications
6.2.1 Commercial Use
6.2.2 Home Use
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Environmentally Degradable Refuse Sacks Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Environmentally Degradable Refuse Sacks Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Environmentally Degradable Refuse Sacks Analysis and Forecast
9.1 Introduction
9.2 North America Environmentally Degradable Refuse Sacks Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Environmentally Degradable Refuse Sacks Market Size Forecast by Type
9.6.1 Biodegradable Materials
9.6.2 Photodegradable Materials
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Environmentally Degradable Refuse Sacks Market Size Forecast by Applications
9.10.1 Commercial Use
9.10.2 Home Use
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Environmentally Degradable Refuse Sacks Analysis and Forecast
10.1 Introduction
10.2 Europe Environmentally Degradable Refuse Sacks Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Environmentally Degradable Refuse Sacks Market Size Forecast by Type
10.6.1 Biodegradable Materials
10.6.2 Photodegradable Materials
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Environmentally Degradable Refuse Sacks Market Size Forecast by Applications
10.10.1 Commercial Use
10.10.2 Home Use
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Environmentally Degradable Refuse Sacks Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Environmentally Degradable Refuse Sacks Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Environmentally Degradable Refuse Sacks Market Size Forecast by Type
11.6.1 Biodegradable Materials
11.6.2 Photodegradable Materials
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Environmentally Degradable Refuse Sacks Market Size Forecast by Applications
11.10.1 Commercial Use
11.10.2 Home Use
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Environmentally Degradable Refuse Sacks Analysis and Forecast
12.1 Introduction
12.2 Latin America Environmentally Degradable Refuse Sacks Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Environmentally Degradable Refuse Sacks Market Size Forecast by Type
12.6.1 Biodegradable Materials
12.6.2 Photodegradable Materials
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Environmentally Degradable Refuse Sacks Market Size Forecast by Applications
12.10.1 Commercial Use
12.10.2 Home Use
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Environmentally Degradable Refuse Sacks Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Environmentally Degradable Refuse Sacks Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Environmentally Degradable Refuse Sacks Market Size Forecast by Type
13.6.1 Biodegradable Materials
13.6.2 Photodegradable Materials
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Environmentally Degradable Refuse Sacks Market Size Forecast by Applications
13.10.1 Commercial Use
13.10.2 Home Use
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Environmentally Degradable Refuse Sacks Market: Competitive Dashboard
14.2 Global Environmentally Degradable Refuse Sacks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Berry Global Group
14.3.2 Clorox
14.3.3 Four Star Plastics
14.3.4 GCR GROUP
14.3.5 Mirpack
14.3.6 International Plastics
14.3.7 Terdex
14.3.8 Plascon Group
14.3.9 Plastiroll
14.3.10 Futamura
