ASEAN Trash Bags Market- Industry Trends and Forecast to 2030
Market Report I 2023-09-01 I 53 Pages I Data Bridge Market Research
ASEAN Trash Bags Market is expected to reach USD 1,133,103.30 thousand by 2030, from USD 869,308.56 thousand in 2022, growing at a CAGR of 3.4% during the forecast period of 2023 to 2030.
Market Segmentation
ASEAN Trash Bags Market, By Material (Low Density Polyethylene, High Density Polyethylene, Linear Low Density Polyethylene, and Others), Product (Recyclable Trash Bags and Non-Recyclable Trash Bags), Capacity (25-50 Kg, 10-25 Kg, 50-75 Kg, 75-100 Kg, 100-150 Kg, and More Than 150 Kg), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, E-Commerce, and Others), Country (Indonesia, Thailand, Vietnam, Philippines, Malaysia, Singapore, Myanmar, Cambodia, Laos, Brunei) - Industry Trends and Forecast to 2030
Overview of ASEAN Trash Bags Market Dynamics
Drivers
- Rapid urbanization and population expansion
- Growing retail and e-commerce industries
Restraints
- Stringent regulations by government
- Intense competition among the market players
Opportunitites
- Continuous product innovation
- Retail collaboration among manufacturers
Market Players
Some of the major market players operating in the ASEAN trash bags market are:
- The Clorox Company
- TPBI Public Company Limited
- THANTAWAN INDUSTRY PLC.
- Lean Lee Trading Co. Sdn.Bhd.
- Abiba Plastic Sdn Bhd
- Award Packaging Industries Sdn Bhd
- NARAIPAK CO., LTD.
- Teong Chuan Plastic (M) Sdn Bhd
- King Pac Industrial Co.,Ltd.
- PT. Indojaya Plasindo Makmur
- PT. Sanipak Indonesia, LTD.
- Vn Plastic Co., Ltd
- Ecolex
- Vietnam Packing
- Sahachit Watana Plastic Industry Co.,Ltd
- Pikulthong Plastic Co.,Ltd.
- Cyclepoly Sdn Bhd
- Urban Plastic
- PT. KEMILAU INDAH PERMANA
- Robton Industries Inc.
TABLE OF CONTENTS
1 INTRODUCTION 6
1.1 OBJECTIVES OF THE STUDY 6
1.2 MARKET DEFINITION 6
1.3 OVERVIEW 6
1.4 LIMITATIONS 7
1.5 MARKETS COVERED 7
2 MARKET SEGMENTATION 9
2.1 MARKETS COVERED 9
2.2 GEOGRAPHICAL SCOPE 10
2.3 YEARS CONSIDERED FOR THE STUDY 10
2.4 CURRENCY AND PRICING 10
2.5 DBMR TRIPOD DATA VALIDATION MODEL 11
2.6 MULTIVARIATE MODELING 14
2.7 PRIMARY INTERVIEWS WITH KEY OPINION LEADERS 15
2.8 DBMR MARKET POSITION GRID 16
2.9 DBMR VENDOR SHARE ANALYSIS 17
2.10 SECONDARY SOURCES 18
2.11 ASSUMPTIONS 19
3 EXECUTIVE SUMMARY 20
4 PREMIUM INSIGHTS 22
4.1 RAW MATERIAL COVERAGE 23
4.2 LOGISTICS COST COVERAGE 25
4.3 IMPORT-EXPORT SCENARIO 27
5 MARKET OVERVIEW 28
5.1 DRIVERS 30
5.1.1 RAPID URBANIZATION AND POPULATION EXPANSION 30
5.1.2 GROWING RETAIL AND E-COMMERCE INDUSTRIES 31
5.1.3 RISING AWARENESS OF ENVIRONMENTAL CONCERNS 32
5.2 RESTRAINTS 33
5.2.1 STRINGENT REGULATIONS BY GOVERNMENT 33
5.2.2 INTENSE COMPETITION AMONG THE MARKET PLAYERS 35
5.3 OPPORTUNITIES 36
5.3.1 GROWING SUSTAINABILITY INITIATIVES IN THE ASEAN REGIONS 36
5.3.2 CONTINUOUS PRODUCT INNOVATION 37
5.3.3 RETAIL COLLABORATION AMONG MANUFACTURERS 38
5.4 CHALLENGES 39
5.4.1 INFRASTRUCTURE AND COLLECTION CHALLENGES 39
5.4.2 PRICE SENSITIVITY OF TRASH BAGS IN THE ASEAN COUNTRIES 39
6 ASEAN TRASH BAGS MARKET: BY COUNTRY 40
7 ASEAN TRASH BAGS MARKET: COMPANY LANDSCAPE 41
7.1 COMPANY SHARE ANALYSIS: GLOBAL 41
7.2 COMPANY SHARE ANALYSIS: ASEAN 42
7.3 COMPANY SHARE ANALYSIS: MALAYSIA 43
8 COMPANY PROFILES 44
8.1 LEAN LEE TRADING CO. SDN.BHD. 44
8.1.1 COMPANY SNAPSHOT 44
8.1.2 PRODUCT PORTFOLIO 44
8.1.3 RECENT DEVELOPMENT 44
8.2 AWARD PACKAGING INDUSTRIES SDN BHD 45
8.2.1 COMPANY SNAPSHOT 45
8.2.2 PRODUCT PORTFOLIO 45
8.2.3 RECENT DEVELOPMENT 45
8.3 TEONG CHUAN PLASTIC (M) SDN BHD 46
8.3.1 COMPANY SNAPSHOT 46
8.3.2 PRODUCT PORTFOLIO 47
8.3.3 RECENT DEVELOPMENT 48
8.4 CYCLEPOLY SDN BHD 49
8.4.1 COMPANY SNAPSHOT 49
8.4.2 PRODUCT PORTFOLIO 49
8.4.3 RECENT DEVELOPMENT 49
9 QUESTIONNAIRE 50
10 RELATED REPORTS 53
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