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Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Trash bags are mainly used for collection, storage, transportation, and disposal of the waste. Huge amount of waste is generated from multiple places and areas. This includes market places, restaurants, households, schools, offices, commercial complexes, industries, agriculture, and other areas.

The Europe trash bags market is estimated to surpass US$ 2,876.2 million by the end of 2027 in terms of revenue, exhibiting a CAGR of 4.7% during the forecast period (2020 to 2027).

Drivers

Increasing waste generation is expected to drive demand for trash bags over the forecast period. According to European Commission, 492 kg of municipal waste per capita was generated in 2018. In total, 220 million tons of municipal waste was generated in EU in 2018, which was slightly higher than the municipal waste generated in 2017 (218 million tons). Denmark generated the most municipal waste per person among EU countries (766 kg per capita) in 2018. Other EU countries that generated more than 600 kg of municipal waste per person includes Malta (640 kg), Cyprus (637 kg), Germany (615 kg), and Luxembourg (610 kg).

Growing need for waste management is expected to foster the market growth of trash bags in Europe. The European Commission made separate waste collection mandatory in the year 2015, according to the directive, the waste should be separately collected as paper, metal, plastic, and glass waste, so as to improve waste management practices. The commission is also planning for separate collection system for bio-waste by December 31, 2023, and a system for textile and hazardous household wastes by January 1, 2025 as well. These directives or regulations on waste management is expected to drive demand for trash bags over the forecast period. The European Commission directive 2018/851 recital 41 illustrates the importance of separate collection of waste. It states that separate collection of wastes increases recycling rates, enabling high quality recycling, and boosting the uptake of quality secondary raw materials.

Among countries segment, rest of the Europe (Netherlands, Belgium, Austria, Switzerland, Denmark, and Others) held dominant position in the Europe trash bags market in 2019, accounting for 31.9% market share in terms of revenue, followed by Russia and Germany.

Figure 1. Europe Trash Bags Market Revenue Share (%), By Region, 2019

Europe Trash Bags  | Coherent Market Insights

Market Restraints

The various governments in Europe are imposing restrictions on use of plastic bags in order to reduce their plastic footprint. These regulations are expected to result in ban on use of plastics and can impact growth of trash bags market in Europe over the forecast period.

In April 2015, European Commission’s Directive 94/62/EC on packaging and packaging waste was amended by Directive 2015/720 (EU, 2015) with respect to lightweight plastic carrier bags. The amended article urges member states to take measures to achieve a sustained reduction in consumption of lightweight plastic carrier bags. Such measures ensured an annual consumption of maximum 90 lightweight plastic carrier bags per person in December 2019 and 40 lightweight plastic carrier bags per person by December 31, 2025.

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Europe Trash Bags Market Report Coverage

Report Coverage Details
Base Year: 2019 Market Size in 2019: US$ 2,026.4 Mn
Historical Data for: 2017 and 2018 Forecast Period: 2020 to 2027
Forecast Period 2020 to 2027 CAGR: 4.7% 2027 Value Projection: US$ 2,876.2 Mn
Geographies covered:
  • Europe
Segments covered:
  • By Material Type: Low Density Polyethylene (LDPE), High Density Polyethylene (HDPE), Linear Low Density Polyethylene (LLDPE), Polypropylene (LBP), and Others (Woven Polypropylene, etc.)
  • By Capacity: Up to 5 Gallons, 6-10 Gallons, 11-15 Gallons, 16-20 Gallons, and 21 Gallons & above
  • By Distribution Channel: Hypermarkets & Supermarkets, Convenience Stores, Online, and Departmental Stores
  • By Application: Residential, Commercial, and Industrial
Companies covered:

Cosmoplast, Kemii Garbage Bag Co. Ltd., Berry Global Inc., Novolex, Pack-It B.V., Novplasta CZ, Sro, Emil Deiss KG, Dagoplast, Achaika Plastics S.A., and Terdex GmBH

Growth Drivers:
  • Increasing waste generation
  • Growing need for waste management
Restraints & Challenges:
  • Restriction on use of plastic bags

Market Trends

Key players are focusing on launching new products in order to strengthen their market presence in the Europe trash bags market. For instance, in November 2019, Novolex launched Eco Blend Max, a new line of trash can liners made with 50% post-consumer recycled (PCR) plastic. These trash can liners are designed to fit the commonly available trash cans. In December 2019, TOWNEW Intelligent Technology Co., Ltd launched an automatic trash can, ‘Townew’, fitted with a refill ring that contains recyclable material to create 25 trash bags. Its touchless design opens the lid with a wave of the hand. When full, a button press on the front seals the bag, opens the top assembly for bag removal, then closes to pull a new bag into place.

Figure 2. Europe Trash Bags Market – Opportunity Analysis

Europe Trash Bags  | Coherent Market Insights

On the basis of distribution channel, in 2019, the Supermarkets & Hypermarkets segment accounted for 38.5% of the revenue share. The segment is expected to exhibit significant growth, owing to the rising demand for biodegradable trash bags in emerging economies. In January 2018, the government of Greece introduced a mandatory environmental fee of EUR 0.07 per lightweight plastic bag and prohibited supermarkets from supplying 50?70 μm thin plastic bags to customers free of charge at the point of sale.

Figure 3. Europe Trash Bags Market Revenue Share (%), By Distribution Channel, 2019

Europe Trash Bags  | Coherent Market Insights

Europe Trash Bags Market - Impact of Coronavirus (Covid-19) Pandemic

Outbreak of coronavirus has impacted the trash bag market industry in Europe. The coronavirus pandemic is expected to have little impact on the Europe trash bags market. The increasing awareness of hygiene, cleanliness, and immunity among consumers and their concern for prevention of germs & other contaminants are expected to drive demand for trash bags during the pandemic. Moreover, people are more focused on purchasing of essential products such as food, personal care, and hygiene products. In March 2020, European Commission released new guidelines for waste management in context of coronavirus crisis. The guidelines insist that patients self-isolating at home should have a waste bag in their room for used tissues, face masks, and other wastes. Moreover, gloves and face masks used by the caretaker or cleaner should be in a second waste bag.

Competitive Section

Key players operating in the Europe trash bags market include Cosmoplast, Kemii Garbage Bag Co. Ltd., Berry Global Inc., Novolex, Pack-It B.V., Novplasta CZ, Sro, Emil Deiss KG, Dagoplast, Achaika Plastics S.A., and Terdex GmBH

Huge amount of waste is generated from households, schools, offices, market places, restaurants, industries, commercial complexes, agriculture, etc. Hence, trash bags are required for collection, storage, transportation, and disposal of the generated waste. Increasing waste generation is expected to drive demand for trash bags over the forecast period.

Market Dynamics

Increasing waste generation is expected to provide potential opportunities for trash bags market in Europe. According to the European Environment Agency, between 2010 and 2016, the total waste generation increased by 3.0% (around 74.7 million tons) in the EU-28 countries. Absolute total waste increased by 6.0% (48.1 million tons) and the waste generation per capita went up by 70 kg per capita. According to the same source, in 2016, the water and waste (28.0%), households (23.0%), and manufacturing (21.0%) sectors generated largest shares of waste. These three sectors produce almost 72% of all wastes in the EU-28 countries. The average amount of wastes, excluding major mineral wastes, generated per person in the EU countries was 1,783 kg/capita in 2016.

Growing need for waste management is anticipated to boost the target market growth. For instance, municipal corporations are focusing on separating the collection of wastes for proper waste management. For instance, in 2011, Milan (Italy) introduced separate collection of kitchen waste for composting and anaerobic digestion. The kitchen waste is collected twice a week via small bins with a special airy structure. This has been a main driver in increasing the separate waste collection rate from 35% to 54%.

Key features of the study:

  • This report provides in-depth analysis of Europe trash bags market, and provides market size (US$ Million and KT) and compound annual growth rate (CAGR %) for the forecast period (2020-2027), considering 2019 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by key players
  • It profiles key players in the Europe trash bags market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this market analysis report includes Cosmoplast, Kemii Garbage Bag Co. Ltd., Berry Global Inc., Novolex, Pack-It B.V., Novplasta CZ, Sro, Emil Deiss KG, Dagoplast, Achaika Plastics S.A., and Terdex GmBH.
  • Insights from this report would allow marketers and management authorities of companies to make informed decision regarding future products launches, technology up gradation, market expansion, and marketing tactics
  • The Europe trash bags market report caters to various stakeholders in this industry including investors, suppliers, Europe trash bags manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the Europe trash bags market

Detailed Segmentation:

  • Europe Trash Bags Market, By Material Type:
    • Low Density Polyethylene (LDPE)
    • High Density Polyethylene (HDPE)
    • Linear Low Density Polyethylene (LLDPE)
    • Polypropylene (LBP)
    • Others (Woven Polypropylene, etc.)
  • Europe Trash Bags Market, By Capacity:
    • Up to 5 Gallons
    • 6-10 Gallons
    • 11-15 Gallons
    • 16-20 Gallons
    • 21 Gallons & above
  • Europe Trash Bags Market, By Distribution Channel:
    • Hypermarkets & Supermarkets
    • Convenience Stores
    • Online
    • Departmental Stores
  • Europe Trash Bags Market, By Application:
    • Residential
    • Commercial
    • Industrial
  • Europe Trash Bags Market, By Countries:
    • Europe
      • U.K.
        • By Material Type:
          • Low Density Polyethylene (LDPE)
          • High Density Polyethylene (HDPE)
          • Linear Low Density Polyethylene (LLDPE)
          • Polypropylene (LBP)
          • Others (Woven Polypropylene, etc.)
        • By Capacity:
          • Up to 5 Gallons
          • 6-10 Gallons
          • 11-15 Gallons
          • 16-20 Gallons
          • 21 Gallons & above
        • By Distribution Channel:
          • Hypermarkets & Supermarkets
          • Convenience Stores
          • Online
          • Departmental Stores
        • By Application:
          • Residential
          • Commercial
          • Industrial
      • Italy
        • By Material Type:
          • Low Density Polyethylene (LDPE)
          • High Density Polyethylene (HDPE)
          • Linear Low Density Polyethylene (LLDPE)
          • Polypropylene (LBP)
          • Others (Woven Polypropylene, etc.)
        • By Capacity:
          • Up to 5 Gallons
          • 6-10 Gallons
          • 11-15 Gallons
          • 16-20 Gallons
          • 21 Gallons & above
        • By Distribution Channel:
          • Hypermarkets & Supermarkets
          • Convenience Stores
          • Online
          • Departmental Stores
        • By Application:
          • Residential
          • Commercial
          • Industrial
      • France
        • By Material Type:
          • Low Density Polyethylene (LDPE)
          • High Density Polyethylene (HDPE)
          • Linear Low Density Polyethylene (LLDPE)
          • Polypropylene (LBP)
          • Others (Woven Polypropylene, etc.)
        • By Capacity:
          • Up to 5 Gallons
          • 6-10 Gallons
          • 11-15 Gallons
          • 16-20 Gallons
          • 21 Gallons & above
        • By Distribution Channel:
          • Hypermarkets & Supermarkets
          • Convenience Stores
          • Online
          • Departmental Stores
        • By Application:
          • Residential
          • Commercial
          • Industrial
      • Germany
        • By Material Type:
          • Low Density Polyethylene (LDPE)
          • High Density Polyethylene (HDPE)
          • Linear Low Density Polyethylene (LLDPE)
          • Polypropylene (LBP)
          • Others (Woven Polypropylene, etc.)
        • By Capacity:
          • Up to 5 Gallons
          • 6-10 Gallons
          • 11-15 Gallons
          • 16-20 Gallons
          • 21 Gallons & above
        • By Distribution Channel:
          • Hypermarkets & Supermarkets
          • Convenience Stores
          • Online
          • Departmental Stores
        • By Application:
          • Residential
          • Commercial
          • Industrial
      • Spain
        • By Material Type:
          • Low Density Polyethylene (LDPE)
          • High Density Polyethylene (HDPE)
          • Linear Low Density Polyethylene (LLDPE)
          • Polypropylene (LBP)
          • Others (Woven Polypropylene, etc.)
        • By Capacity:
          • Up to 5 Gallons
          • 6-10 Gallons
          • 11-15 Gallons
          • 16-20 Gallons
          • 21 Gallons & above
        • By Distribution Channel:
          • Hypermarkets & Supermarkets
          • Convenience Stores
          • Online
          • Departmental Stores
        • By Application:
          • Residential
          • Commercial
          • Industrial
      • Russia
        • By Material Type:
          • Low Density Polyethylene (LDPE)
          • High Density Polyethylene (HDPE)
          • Linear Low Density Polyethylene (LLDPE)
          • Polypropylene (LBP)
          • Others (Woven Polypropylene, etc.)
        • By Capacity:
          • Up to 5 Gallons
          • 6-10 Gallons
          • 11-15 Gallons
          • 16-20 Gallons
          • 21 Gallons & above
        • By Distribution Channel:
          • Hypermarkets & Supermarkets
          • Convenience Stores
          • Online
          • Departmental Stores
        • By Application:
          • Residential
          • Commercial
          • Industrial
      • Rest of Europe
        • By Material Type:
          • Low Density Polyethylene (LDPE)
          • High Density Polyethylene (HDPE)
          • Linear Low Density Polyethylene (LLDPE)
          • Polypropylene (LBP)
          • Others (Woven Polypropylene, etc.)
        • By Capacity:
          • Up to 5 Gallons
          • 6-10 Gallons
          • 11-15 Gallons
          • 16-20 Gallons
          • 21 Gallons & above
        • By Distribution Channel:
          • Hypermarkets & Supermarkets
          • Convenience Stores
          • Online
          • Departmental Stores
        • By Application:
          • Residential
          • Commercial
          • Industrial
          •  
  •  Company Profiles
    • Cosmoplast*
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Kemii Garbage Bag Co. Ltd.
    • Berry Global Inc.
    • Novolex
    • Pack-It B.V.
    • Novplasta CZ, Sro
    • Emil Deiss KG
    • Dagoplast
    • Achaika Plastics S.A.
    • Terdex GmBH.

 “*” marked represents similar segmentation in other categories in the respective section.

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Material Type
      • Market Snippet, By Capacity
      • Market Snippet, By Distribution Channel
      • Market Snippet, By Application
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
      • Restraints
      • PEST Analysis
      • PORTER’s Five Forces Analysis
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • Mergers and Acquisitions
  4. Europe Trash Bags Market - Impact of Coronavirus (Covid-19) Pandemic
    • Overview
    • Factors Affecting Europe Trash Bags Market – COVID-19
    • Impact Analysis
  5. Europe Trash Bags Market, By Material Type, 2017-2027 (US$ Mn & KT)
    • Introduction
      • Market Share Analysis, 2019, 2022, and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
      • Segment Trends
    • Low Density Polyethylene (LDPE)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
    • High Density Polyethylene (HDPE)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
    • Linear Low Density Polyethylene (LLDPE)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
    • Polypropylene (LBP)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
    • Others (Woven Polypropylene, etc.)
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
  6. Europe Trash Bags Market, By Capacity, 2017-2027 (US$ Mn & KT)
    • Introduction
      • Market Share Analysis, 2019, 2022, and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
      • Segment Trends
    • Up to 5 Gallons
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
    • 6-10 Gallons
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
    • 11-15 Gallons
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
    • 16-20 Gallons
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
    • 21 Gallons & above
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
  7. Europe Trash Bags Market, By Distribution Channel, 2017-2027 (US$ Mn & KT)
    • Introduction
      • Market Share Analysis, 2019, 2022, and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
      • Segment Trends
    • Hypermarkets & Supermarkets
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
    • Convenience Stores
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
    • Online
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
    • Departmental Stores
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
  8. Europe Trash Bags Market, By Application, 2017-2027 (US$ Mn & KT)
    • Introduction
      • Market Share Analysis, 2019, 2022, and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
      • Segment Trends
    • Residential
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
    • Commercial
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
    • Industrial
      • Introduction
      • Market Size and Forecast, and Y-o-Y Growth, 2020 - 2027, (US$ Mn & KT)
  9. Europe Trash Bags Market, By Region, 2017-2027 (US$ Mn & KT)
    • Introduction
      • Market Share Analysis, By Region, 2019, 2022, and 2027 (%)
      • Y-o-Y Growth Analysis, For Region, 2020 - 2027
    • Europe
      • Market Share Analysis, By Country, 2019, 2022, and 2027 (%)
      • Y-o-Y Growth Analysis, By Country, 2020 - 2027
        • U.K.
          • Country Trends
          • Market Size and Forecast, By Material Type, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Capacity, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn & KT)
        • Germany
          • Country Trends
          • Market Size and Forecast, By Material Type, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Capacity, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn & KT)
        • Italy
          • Country Trends
          • Market Size and Forecast, By Material Type, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Capacity, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn & KT)
        • France
          • Country Trends
          • Market Size and Forecast, By Material Type, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Capacity, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn & KT)
        • Spain
          • Country Trends
          • Market Size and Forecast, By Material Type, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Capacity, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn & KT)
        • Russia
          • Country Trends
          • Market Size and Forecast, By Material Type, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Capacity, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn & KT)
        • Rest of Europe
          • Country Trends
          • Market Size and Forecast, By Material Type, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Capacity, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Distribution Channel, 2017- 2027 (US$ Mn & KT)
          • Market Size and Forecast, By Application, 2017- 2027 (US$ Mn & KT)
  10. Competitive Landscape
    • Market Share Analysis
    • Company Profiles
      • Cosmoplast
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Kemii Garbage Bag Co. Ltd.
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Berry Global Inc.
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Novolex.
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Pack-It B.V.
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Novplasta CZ Sro.
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Emil Deiss KG.
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Dagoplast
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Achaika Plastics S.A.
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
      • Terdex GmBH.
        • Company Overview
        • Component Portfolio
        • Financial Performance
        • Recent Developments/Updates
  11. Section
    • References
    • Research Methodology
    • About us and Sales Contact

* Browse 50 market data tables* and 45 figures* on "Europe Trash Bags Market” - Global forecast to 2027.

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Frequently Asked Questions

The Europe trash bags market is estimated to surpass US$ 2,876.2 million by 2027 and is expected to exhibit a CAGR of 4.7% between 2020 and 2027.
The increasing waste generation is expected to drive the market growth during the forecast period.
Key players are focusing on launching new products, which is projected to offer lucrative opportunities for players in the near future.
Restriction on use of plastic bags acts as a restraining factor for the trash bags market.
Major players operating in the market include Cosmoplast, Kemii Garbage Bag Co. Ltd., Berry Global Inc., Novolex, Pack-It B.V., Novplasta CZ, Sro, Emil Deiss KG, Dagoplast, Achaika Plastics S.A., and Terdex GmBH.
The market was valued at US$ 2,026.4 million in terms of revenue in 2019.
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