Europe Garbage Bag Market will Register a CAGR of 5.0% through 2026
Verfasser: pradnya_86 on Monday, 29 January 2018The competitive landscape of the market for garbage bag market is a mildly fragmented one marked with the presence of quite a few large players, according to a report published by Future Market Insights (FMI). The key players in the European garbage bag market are Novolasta, s.r.o Senkvice, Extrapack OOD, Pack-It BV, Achaika Plastic S.A., DAGOPLAST AS, Terdex GmbH, International Plastics, MirPack TM, Plasta.It, Primax D.o.o. The key players are now focusing on research and development of garbage bags in a bid to stay ahead in the competition. These market players are also trying to expand their geographical reach through collaborations with local players.
So far as geography is considered, the market for European garbage bag has been segmented into Germany, France, Italy, Spain, U.K., Russia, and BENELUX. Belgium, Netherlands, and Luxembourg comprise BENELUX.
Owing to the high demand of garbage bags across Europe, the market is anticipated to soar registering a good CAGR during the forecast period of 2016-2026.
Demand for Biodegradable Garbage Bags to Bolster Growth
The market has been segmented into five categories, so far as material is considered. The segments are, namely Low-density polyethylene (LDPE), Liner low-density polyethylene (LLDPE), High-density polyethylene (HDPE), Polypropylene (PP) and others.