Compostable and Biodegradable Refuse Bag Market Size, Share, Industry, Forecast and outlook (2024-2031)

Global Compostable and Biodegradable Refuse Bag Market is Segmented By Capacity (7-20 Gallons, 20-30 Gallons, 30-40 Gallons, 40-55 Gallons, Above 55 Gallons), By Material (Polylactic Acid (PLA), Polyhydroxyalkanoate (PHA), Starch Blends, Cellophane, Paper, Others), By Product Type (Compostable, Biodegradable), By End-User (Retail & Consumer, Industrial, Institutional, Others), and By Region (North America, Latin America, Europe, Asia Pacific, Middle East, and Africa) – Share, Size, Outlook, and Opportunity Analysis, 2022-2029

Compostable and Biodegradable Refuse Bag Market Overview

The Global "Compostable and Biodegradable Refuse Bag Market" is estimated to reach at a high CAGR during the forecast period (2022-2029).

Compostable and biodegradable are terms used to designate organic materials breaking down in a specific environmental condition. Refuse bags are disposable bags used to contain waste and rubbish. Compostable and biodegradable refuse bags are made up of organic materials obtained from plants. Such plant-based materials used to make compostable and biodegradable refuse bags are starch blends (corn, potato and others), polylactic acid (PLA), PHA, PBAT and other such materials. These refuse bags can decompose and have a minimum negative impact on the environment.

Compostable and Biodegradable Refuse Bag Market Scope

To Know More: Download Sample

Source: DataM Intelligence Analysis (2021)

Compostable and Biodegradable Refuse Bag Market Dynamics

The growing usage of plant-based materials, increasing demand of products from industrial, retail & consumer & institutional, rising number of initiatives taken by the government to promote plastic product alternatives and increasing awareness among the people regarding human health which will likely enhance the growth of the compostable and biodegradable refuse bag market in the forecast period.

The ability of compostable and biodegradable refuse bags to decompose completely is expected to fuel the market growth during the forecast period

Biodegradable and compostable refuse bags are produced using materials such as corn starch, allowing the bags to decompose after a while completely. It is said that most of the biodegradable refuse sacks decompose in three to five years, although many bags completely decompose in lesser time. The growing plastic waste and its impact on the environment and human health are among the biggest environmental concerns of today. It encourages measures to expand and promote alternatives to plastic products, such as biodegradable and compostable materials.

The growth is likely to be fueled by the shifting inclination towards organic material to preserve admirable environmental conditions

Due to the shifting inclination towards organic material to preserve admirable environmental conditions and rising product demand from numerous end-user industries, which will help in accelerating the growth of the market. The increasing number of industries across the globe will cater to ample new opportunities that will propel the growth of the compostable and biodegradable refuse bag market during the forecast period.

 Availability of alternatives is projected to stifle market expansion

While compostable trash bags are a better waste management solution than plastic, they're not perfect. If you're looking for a bag for your compost, unwaxed paper bags should work too and they're easier to break down in an industrial or backyard facility. For landfill-bound trash, bags made from recycled plastics are also an option that's a cut above conventional.

COVID-19 Impact Analysis On Compostable and Biodegradable Refuse Bag

COVID-19 has had a significant impact on a lot of companies all around the world. The COVID-19 outbreak has emerged as a barrier causing a slow down in the supply chain and availability of raw materials resulting in a slow down in the overall market.

Compostable and Biodegradable Refuse Bag Market Segment Analysis

By material, the compostable and biodegradable refuse bag market is classified into PLA, PHA, starch blends, cellophane, paper and others.

Biocompatibility and biodegradability of Polyhydroxyalkanoate (PHA) drive the segment’s growth

While PHA is expected to hold the largest share of the compostable and biodegradable refuse bags market, its dominance will continue throughout the forecast period. Biocompatibility and biodegradability of PHA have made it widely used in biomedical applications such as tissue engineering scaffolds and drug delivery.

Aside from its piezoelectricity and barrier properties, microorganisms can also use PHA to transform toxic materials. According to the European Commission's report, PHA biopolymers can upcycle low-value waste organic carbon generated in Europe into useful products and materials.

Source: DataM Intelligence Analysis (2021)

Compostable and Biodegradable Refuse Bag Market Geographical Analysis

Rising use of plastic alternatives in Europe is expected to drive the region’s compostable and biodegradable refuse bag market

Europeans are increasingly turning to biodegradable products instead of plastic alternatives. According to a recent survey, some of Europe's biggest environmental concerns are plastic waste growth and its impact on the environment and human health.

According to the European Commission, the European Union has developed a Plastics Strategy, which will make it easier for citizens to separate and distinguish between different types of plastics and reuse and recycle them and reduce their use. There are several measures that the Commission supports to expand and promote plastic substitutes, such as biodegradable and compostable materials.

Source: DataM Intelligence Analysis (2021)

Compostable and Biodegradable Refuse Bag Market Competitive Landscape

Players have cited a diversified product portfolio as an effective growth strategy. A-B-C Packaging Machine Corp., Mondi Group, Sphere Group, Vegware Global, BioBag Global AS, Cedo Ltd., Polybags Ltd., The Compost Bag Company, Cromwell Polythene Ltd and Flexopack SRL are some of the prominent players contributing to the market's growth.

Mondi Group:

Overview: As a global leader in packaging and paper, Mondi is committed to designing environmentally friendly products. When possible, the company is making innovative solutions using paper and plastic; the company is helping create a better world.

Product Portfolio: Corrugated Packaging, Flexible Packaging, Engineered Materials and Uncoated Fine Paper make up Mondi's global packaging and paper group.

Key Developments: Packaging and paper giant Mondi and Poland's SILBO have joined forces to create a high-strength paper-based package for Meade Farm Group, an Irish potato farmer. Instead of plastic, the bags use paper, a renewable resource that has been bio-coated and is certified compostable. They worked on the FSC-certified bag for two years in collaboration with Meade and Mondi to ensure its strength in handling while providing barrier properties to keep the produce fresh.

Why Purchase the Report?

• Visualize the composition of the compostable and biodegradable refuse bag market segmentation by capacity, material, product type, end-user and region, highlighting the key commercial assets and players.
• Identify commercial opportunities in the compostable and biodegradable refuse bag market by analyzing trends and co-development deals.
• Excel data sheet with thousands of data points of compostable and biodegradable refuse bag market-level 4/5 segmentation.
• PDF report with the most relevant analysis cogently put together after exhaustive qualitative interviews and in-depth market study.
• Product mapping in excel for the key product of all major market players

The global compostable and biodegradable refuse bag market report would provide access to an approx. 67 market data table, 66 figures and 180 pages.