Pet Waste Bags Market Infographics Description
- The Infographics: Pet Waste Bags Market is estimated at US$ 42.5 Mn in 2020.
- Worldwide pet waste bags market is projected to reach US$ 55.2 Mn in 2030 at a CAGR of 2.7% from 2020 to 2030.
- Amongst product types, the non-biodegradable segment in the global pet waste bags market is estimated to account for a majority revenue share of 58.9% in 2020 end.
- The dog segment is expected to register the highest CAGR of over 2.9% among pet-type segments, followed by cat.
- Europe market is expected to dominate the global pet waste bags market. It is expected to account for the largest market revenue share as compared to that of markets in other regions.
Pet Waste Bags Market Scope and Estimation (2023-2033)
- By 2033, the Global Pet Waste Bags Market is projected to reach US$ 62.6 billion, from US$ 44.8 billion in 2023, with a 3.40% CAGR.
- The Asia-Pacific region holds the largest market share, dominating 40% of the pet waste bags market.
- S Size bags represent a significant segment, accounting for 25% of the market.
- Dogs are the primary focus in the application of pet waste bags, making up 42% of the market.
- Market growth in 2023 is fueled by the introduction of scented and antimicrobial bags and product bundling strategies.
Pet Waste Bags Market Leading Key Players Are
- Manna Pro Products LLC
- Crown Poly Inc.
- BioBag International AS
- HOUNDSCOOP LLC
- Scot-Petshop Ltd
- The Sustainable People GmbH
- Arlington Brands LLC
- Dog Waste Depot.
- Pogi’s Pet Supplies
- Doggy Do Good
Growth Drivers and Strategic Developments
The Pet Waste Bags Market, essential for urban cleanliness and environmental sustainability, is gaining momentum due to increasing urban pet ownership and a rising demand for eco-friendly products. This sector specializes in the production and distribution of bags designed for disposing of pet waste, incorporating features like biodegradability, odor control, and easy-tie handles. Key stakeholders such as manufacturers, retailers, and municipal authorities drive innovations that not only enhance product appeal but also ensure compliance with environmental regulations.
In 2022, the market has seen significant growth influenced by a heightened awareness of sustainability and regulatory shifts towards eco-friendly practices. The collection rate of PET, often used in pet waste bags, increased from 45% in 2020 to 60% in 2022, demonstrating a growing commitment to recycling. Furthermore, the sorted-for-recycling rate within the PET beverage bottle segment—a major source of recycled PET—rose dramatically from 61% in 2020 to 75% in 2022. This increase highlights a robust consumer and manufacturer push towards recycling initiatives.
The average recycled content in PET beverage bottles also rose to 24% in 2022, up from 17% in 2020, indicating a shift towards incorporating more recycled materials in production processes. This trend is part of a broader movement within the biodegradable plastics market, which includes biodegradable pet waste bags. Valued at 7.65 billion USD in 2022, this market is projected to expand to 22.12 billion USD by 2030, driven by consumer preferences for products that are both practical and sustainable.
Notable industry developments in 2024 include Mpact’s promotion of sustainable packaging practices. This initiative encourages consumers to separate recyclables, ensuring correct recycling labels in collaboration with brand owners. This approach not only supports waste collectors but also aims to reduce packaging costs by fostering increased consumer participation in recycling efforts.
Additionally, GEM Enviro Management has been pioneering efforts in Extended Producer Responsibility (EPR) and Environmental, Social, and Governance (ESG) standards within India’s waste management sector. Their strategy includes integrating informal sectors, enhancing PET bottle recycling, and advancing solutions for e-waste management, setting a precedent for sustainable practices in the industry. These efforts reflect a growing global commitment to environmental responsibility, underscoring the potential for further innovation and investment in the Pet Waste Bags Market.
