Market Share of North America Trash Bags Industry
The North American trash bags market is moderately fragmented with the presence of major players like Berry Global Inc., Riverside Paper Co. Inc., The Clorox Company (Glad Products Company), Cosmoplast Industrial Company LLC, and Reynolds Consumer Products Inc. (Hefty), among others. Players in the market are adopting strategies such as partnerships and acquisitions to enhance their product offerings and gain a sustainable competitive advantage.
In September 2022, Novolex Holdings LLC announced an investment of USD 10 million to boost the capacity to recycle polyethylene films, including plastic bags, at its North Vernon, Indiana, recycling facility. The investment in recycling and recovery machinery would allow the company to produce nearly 28 million pounds of recycled material per year, which would be used to create goods built with post-industrial or post-consumer recycled content. The factory is one of the company's two world-class film recycling centers.
Reynolds Consumer Products Inc., which owns Hefty, released a new line of small and medium trash bags with high-end features in May 2022. This was done with a single-minded focus on putting the customer first.
North America Trash Bags Market Leaders
Berry Global Inc.
Riverside Paper Co. Inc.
The Clorox Company (Glad Products Company)
Cosmoplast Industrial Company LLC
Reynolds Consumer Products Inc. (Hefty)
*Disclaimer: Major Players sorted in no particular order
