1. Market Research
  2. > Chemical
  3. > Petrochemical Market Trends
Garbage Bag Market: Polypropylene (PP) Segment Estimated to Register a Significant CAGR over the Forecast Period: Europe Industry Analysis & Opportunity Assessment, 2016-2026

Garbage Bag Market: Polypropylene (PP) Segment Estimated to Register a Significant CAGR over the Forecast Period: Europe Industry Analysis & Opportunity Assessment, 2016-2026

  • February 2017
  • 115 pages
  • ID: 4833620
  • Format: PDF
  • By Future Market Insight Global & Consulting Pvt Ltd

Summary

Table of Contents

High-Density Polyethylene (HDPE) material type segment is expected to register highest CAGR in the Europe garbage bag market over the forecasted period

High-performance characteristics and excellent tensile strength are anticipated to increase the market share of HDPE garbage bags. This segment accounted for a revenue share of close to 30% in the garbage bag market in Europe in 2016 and is likely to gain more than 100 basis points by 2026. Revenue contribution of the HDPE segment is projected to register a CAGR of 5.5% during the forecast period. The HDPE segment is a relatively cost-effective option and therefore likely to experience a rapid Y-o-Y growth rate during the forecast period.

Its cost-effectiveness and ability to hold a significant weight is anticipated to propel the market for HDPE garbage bags over the period of assessment. HDPE garbage bags are relatively inexpensive and can hold considerable weight compared to other material types. The segment is projected to expand 1.7x during the forecast period. By value, the segment is likely to create an incremental opportunity of more than US$ 300 Mn between 2016 and 2026.

The biodegradable quality of HDPE garbage bags is likely to drive its demand across the European region

The waste management policies in Europe aim to reduce the environmental and health impacts of waste and improve the region’s resource efficiency. The policy also strives to enhance the use of oxo-biodegradable or oxo-degradable garbage bags, to collect waste generated in households, industries, and institutions. This is expected to fuel the demand for HDPE garbage bags over the forecast period. Disposable income and purchasing power of consumers is leading to increasing demand for convenient and cost-effective garbage bags for collecting waste.

These macroeconomic factors are anticipated to positively impact the demand for HDPE garbage bags in Europe. Furthermore, improvement in Europe’s economic performance and the rising standards of living of the middle income population group is expected to strengthen the sale of HDPE garbage bags.

Biodegradable plastic garbage bags such as HDPE bags are made up of domestic biomass materials, which reduce dependency on oil and provide a domestic solution to plastic resin or film manufacturers. They are also easier to recycle and can be used more frequently. Moreover, with the mounting pressure of consumers and legislators to address the environmental issues caused by harmful garbage bags, the demand for HDPE garbage bags is anticipated to grow significantly over the assessed period. Demand for premium garbage bags is likely to gain traction particularly in the advanced economies of Germany and the U.K. Two major trends fuelling their sales are their stretchable strength and odour control nature. Consumers are willing to pay a premium for these features. This particular factor is creating robust development in the HDPE garbage bag segment.

Increasing taxation and stringent government policies pertaining to the ban of HDPE plastic bags is anticipated to hinder its growth during the projected period

The government of Europe is actively imposing regulations in order to restrict sales of lightweight bags, with various countries such as France and Italy enforcing a complete ban on single-use HDPE plastic bags. These bans on plastic bags can help mitigate harmful impacts on the environment particularly oceans, rivers, lakes, and the wildlife inhabiting them. This is one of the major restraints faced by HDPE plastic garbage bags, which is influencing manufacturers to shift to the production of eco-friendly and green plastic garbage bags.

Governments across Europe are increasing taxation and imposing extra charges on the use of plastic garbage bags. Customers at large retail outlets and convenience stores are charged extra for plastic garbage bags. Such initiatives play a major role in reducing consumption of HDPE garbage bags and compel manufacturers to shift production towards more eco-friendly and biodegradable garbage bags.

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
20% Off

($3500)

  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Australia Polyethylene Market, By Type, By Application By Region, Competition, Forecast & Opportunities, 2024

Australia Polyethylene Market, By Type, By Application By Region, Competition, Forecast & Opportunities, 2024

  • $ 3450
  • January 2020

Australia Polyethylene Market, By Type (High Density Polyethylene [HDPE]; Low Density Polyethylene [LDPE]; Linear Low-Density Polyethylene [LLDPE] & Others), By Application (Blow Moulding, Pipe Extrusion, ...

Polyethylene Markets in China

Polyethylene Markets in China

  • $ 4000
  • February 2020

China’s demand for Polyethylene has grown at a fast pace in the past decade.In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which ...

Plastic Pipes Markets in China

Plastic Pipes Markets in China

  • $ 4000
  • February 2020

China’s demand for Plastic Pipes has grown at a fast pace in the past decade.In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which ...

Plastic Film Markets in China $ 4000 January 2020


ref:plp2017

Reportlinker.com © Copyright 2020. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on