What is Global Compostable Garment Bag Market?
The Global Compostable Garment Bag Market is an emerging sector that focuses on the production and distribution of garment bags that are compostable. These bags are designed to decompose in a compost setting, reducing the environmental impact compared to traditional plastic garment bags. The market is driven by increasing consumer awareness about the harmful effects of plastic waste and the growing demand for sustainable alternatives. The compostable garment bags are made from various biodegradable materials, which decompose under composting conditions, leaving no harmful residues. These bags are used to pack, store, and transport garments, protecting them from dust, dirt, and damage while being environmentally friendly. The global compostable garment bag market is witnessing significant growth due to the increasing demand from both commercial and household sectors.
Polylactic acid (PLA), Polyhydroxyalkanoate (PHA), Starch Blends, Others in the Global Compostable Garment Bag Market:
Polylactic acid (PLA), Polyhydroxyalkanoate (PHA), Starch Blends, and others are some of the key materials used in the production of compostable garment bags. PLA is a biodegradable and bioactive thermoplastic aliphatic polyester derived from renewable resources, like corn starch or sugar cane. It is widely used in the compostable garment bag market due to its high strength and rigidity. PHA, on the other hand, is a type of polyester produced by bacteria processing sugar or lipids. It is biodegradable and is used in the production of compostable garment bags due to its flexibility and toughness. Starch blends are also used in the production of these bags. They are made by blending starch with other biodegradable polymers to improve their properties. Other materials used in the production of compostable garment bags include various biodegradable polymers and natural fibers. These materials are chosen based on their compostability, strength, flexibility, and cost.
Commercial, Household in the Global Compostable Garment Bag Market:
The Global Compostable Garment Bag Market finds its application in both commercial and household sectors. In the commercial sector, these bags are used by garment stores, dry cleaners, laundries, and other businesses that deal with clothing. They use these bags to pack and deliver garments to their customers. The use of compostable garment bags helps these businesses to reduce their environmental impact and improve their brand image. In the household sector, these bags are used to store and protect garments. They are particularly useful for storing seasonal clothes and for packing clothes for travel. The use of compostable garment bags in households is driven by increasing consumer awareness about the environmental impact of plastic waste and the desire to choose more sustainable alternatives.
Global Compostable Garment Bag Market Outlook:
The market outlook for the Global Compostable Garment Bag Market is promising. A recent survey has projected that the market will grow from its current value of US$ 246 million in 2022 to an estimated value of US$ 372.3 million by 2029. This represents a Compound Annual Growth Rate (CAGR) of 6.1% during the period from 2023 to 2029. This growth is expected to be driven by increasing consumer awareness about the environmental impact of plastic waste and the growing demand for sustainable alternatives. The market growth is also expected to be supported by technological advancements in the production of compostable materials and the increasing adoption of these bags in both commercial and household sectors.
Report Metric | Details |
Report Name | Compostable Garment Bag Market |
Accounted market size in 2022 | US$ 246 million |
Forecasted market size in 2029 | US$ 372.3 million |
CAGR | 6.1% |
Base Year | 2022 |
Forecasted years | 2023 - 2029 |
Segment by Type |
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Segment by Application |
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Consumption by Region |
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By Company | EcoPackables, Hero Packaging, noissue, Tipa-Corp, Source Green, Transpack, Polybags Ltd, Plasto Manufacturing Company, Evolooption, Unicorn Pack, Anhui Sealong Biobased Industrial Technology Co., Ltd, One Sustainable Planet, Biograde Nanjing Pty. Ltd., Bhavani Plastics, PLAMFG, Dongguan Tai Tai Industrial Co., Ltd., Modwrap |
Forecast units | USD million in value |
Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |