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

[192 Pages Report] 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.

Growing 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.

The market dynamics represent an ever-changing landscape of the Compostable Garbage Bags Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

• Market Drivers
  • Growing concerns about environmental sustainability worldwide
  • High potential across residential green buildings
  • Adoption of sustainability goals and practices as part of CSR across the corporate sector
• Market Restraints
  • Durability issues associated with compostable garbage bags
• Market Opportunities
  • Availability and accessibility of composting facilities across community and industry levels
  • Innovations and product development in compostable materials and bag designs
• Market Challenges
  • Contamination and sorting issues with compostable garbage bags

The porter's five forces analysis offers a simple and powerful tool for understanding, identifying, and analyzing the position, situation, and power of the businesses in the Compostable Garbage Bags Market. This model is helpful for companies to understand the strength of their current competitive position and the position they are considering repositioning into. With a clear understanding of where power lies, businesses can take advantage of a situation of strength, improve weaknesses, and avoid taking wrong steps. The tool identifies whether new products, services, or companies have the potential to be profitable. In addition, it can be very informative when used to understand the balance of power in exceptional use cases.

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Compostable Garbage Bags Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. 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 these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Compostable Garbage Bags Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment 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, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

• Air India takes green step, minimises usage of single-use plastic across its network

  Air India is taking significant steps toward sustainability by dramatically reducing the usage of single-use plastic across its network. The airline has implemented a number of initiatives, including using biodegradable packaging for in-flight meals and swapping single-use cutlery with compostable garbage bags. With this move, Air India is reducing their reliance on single-use plastics and building a more sustainable future. [Published On: April 21, 2023]

• BIOLO is First to Market with Home Compostable Bags Made from Revolutionary New Plastic Alternative

  BIOLO announced to the use of PHA technology to manufacture fully compostable bags. BIOLO's compostable products are available in custom options and with their innovation in compostable bags, they aim to help businesses tackle their sustainability objectives. [Published On: September 29, 2022]

• TGP Bioplastics has developed a low-cost, low-emission, water-resistant compostable plastic

  Maharashtra-based TGP Bioplastics, a B2B startup, developed a low-cost, low-emission, water-resistant compostable plastic, which is capable of replacing flexible retail packagings such as carry bags, garbage bags, eCommerce packaging, and general industrial wrappings. The company aims to provide indigenous alternate solutions to single-use plastics and achieve India’s commitment to a ‘Single Use Plastic Free’ nation. [Published On: August 19, 2022]

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Compostable Garbage Bags Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

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.

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

1. Market Penetration: This section thoroughly overviews the current market landscape, incorporating detailed data from key industry players.
2. Market Development: The report examines potential growth prospects in emerging markets and assesses expansion opportunities in mature segments.
3. Market Diversification: This includes detailed information on recent product launches, untapped geographic regions, recent industry developments, and strategic investments.
4. Competitive Assessment & Intelligence: An in-depth analysis of the competitive landscape is conducted, covering market share, strategic approaches, product range, certifications, regulatory approvals, patent analysis, technology developments, and advancements in the manufacturing capabilities of leading market players.
5. Product Development & Innovation: This section offers insights into upcoming technologies, research and development efforts, and notable advancements in product innovation.

1. What is the current market size and projected growth?
2. Which products, segments, applications, and regions offer promising investment opportunities?
3. What are the prevailing technology trends and regulatory frameworks?
4. What is the market share and positioning of the leading vendors?
5. What revenue sources and strategic opportunities do vendors in the market consider when deciding to enter or exit?