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Degradable garbage bags8/16/2023 ![]() Moreover, the massive use of plastic for household purposes affects humans, animals, and birds very severely due to its non-biodegradable nature. These harmful consequences increase the sales of compostable & biodegradable refuse bags during the forecast period.Īs per a study, around 4.8 to 12.7 million metric tons of plastics enter the ocean annually. Therefore, the abundant use of plastic severely affects water and land. Several industries around the globe are using plastic materials to develop items such as toys, chairs, electronic gadgets, and cosmetic boxes. Taking strict action regarding the use of plastic by various countries' government are increasing the demand for compostable & biodegradable refuse bags. Several studies confirmed that plastic usage reduces soil quality and spreads diseases such as respiratory and asthma. The increasing pollution level due to the excess use of plastic is a pressing global concern for a healthy environment. Growing Environment Concerns Drive the Sales of Compostable & Biodegradable Refuse Bags The rising adoption of compostable & biodegradable refuse bags to collect waste and garbage is further surging the market growth during the forecast period.Increasing hospitals, hotels, and restaurants is accelerating the demand for compostable & biodegradable refuse bags. ![]() The rapidly growing organic products focus on sustainability, and single-use plastic is increasing the adoption of compostable & biodegradable refuse bags.The increasing demand for compostable & biodegradable refuse bags by several end-use industries such as retail, institutional and industrial are propelling the market growth.The growing technology and government initiatives to promote eco-friendly material bags drive the compostable & biodegradable refuse bags market opportunities.The increasing population, pollution, improper garbage disposal, and non-degradable garbage bags drive market growth.The rising demand for plastic alternatives, eco-friendly, and health awareness is increasing the adoption of compostable & biodegradable refuse bags.The sales of compostable & biodegradable refuse bags are anticipated to record a CAGR of 7.5% during the forecast period. ![]() ![]() The compostable & biodegradable refuse bags market is predicted to be valued at US$ 318.1 million in 2023 and is rising to US$ 653.0 million by 2033. Compostable & Biodegradable Refuse Bags Market Outlook (2023 to 2033) ![]()
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