Product Code: CMI5744
The Global market for hazardous waste bags experienced a valuation of approximately US$ 942.2 Mn in 2022 and is projected to exhibit a strong compound annual growth rate (CAGR) of 5.2% until the end of 2030, reaching a value of US$ 1,413.4 Mn.
Report Coverage |
Report Details |
Base Year: |
2022 |
Market Size in 2023: |
US$ 942.2 Mn |
Historical Data for: |
2018 to 2021 |
Forecast Period: |
2023 - 2030 |
Forecast Period 2023 to 2030 CAGR: |
5.20% |
2030 Value Projection: |
US$ 1,413.4 Mn |
Figure 1. Global Hazardous Waste Bag Share (%), by Region, 2023
A hazardous waste bag is a special kind of plastic bag that is used to collect items that are contaminated with materials that can harm workers or damage the environment. These include waste products that contain heavy metals, toxic chemicals, and infectious medical waste. To protect workers and ensure disposal procedures are followed, these bags have words and symbols that identify the contents and encourage proper disposal. They are commonly found in industrial processing settings, chemotherapy clinics, and other medical facilities that produce toxic or hazardous waste. They are also useful for holding biological waste before it is autoclaved.
The global hazardous waste bag market has been witnessing a steady rise over the past few years. Hazardous waste bags are crucial for the safe collection, storage, and disposal of hazardous materials across various industries. Strict regulations surrounding the handling and treatment of hazardous waste have necessitated the use of quality hazardous waste containment solutions. Advances in material science have led to the development of durable and chemically resistant polymers that can withstand the corrosive effects of hazardous chemicals.
Market Dynamics:
The global hazardous waste bag market is projected to expand at a substantial rate during the forecast period. This growth is primarily driven by the increasing demand for disposable bags in hospitals and healthcare facilities. Additionally, the growing concern among the population associated with the environment and stringent government regulations regarding proper disposal of medical waste are further propelling market growth. Furthermore, the increasing adoption of bio-friendly products by healthcare facilities and hospitals is also expected to boost the growth of the hazardous waste bag market in the near future.
However, a lack of awareness about the use of these bags in emerging economies is hindering market growth.
Key features of the study:
- This report provides in-depth analysis of the global hazardous waste bag market, and provides market size (US$ Mn) and compound annual growth rate (CAGR%) for the forecast period (2023-2030), considering 2022 as the base year
- It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
- This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, market trends, regional outlook, and competitive strategies adopted by key players
- It profiles key players in the global hazardous waste bag market based on the following parameters - company highlights, products portfolio, key highlights, financial performance, and strategies
- Key companies covered as a part of this study include Stericycle, Inc., Clean Harbors, Inc., Veolia Environnement S.A., Waste Management, Inc., SUEZ - Water Technologies & Solutions, Republic Services, Inc., Safety-Kleen Systems, Inc., Heritage-Crystal Clean, LLC, Daniels Health, Sharps Compliance, Inc., Thermo Fisher Scientific Inc., U.S. Ecology, Inc., EnviroSolutions, Inc., Remondis SE & Co. KG, and GFL Environmental Inc.
- Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
- The global hazardous waste bag market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
- Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global hazardous waste bag market
Global Hazardous Waste Bag Market Detailed Segmentation:
- By Material Type
- Polypropylene (PP) Bags
- High-Density Polyethylene (HDPE) Bags
- Low-Density Polyethylene (LDPE) Bags
- Other Materials
- By Capacity
- Small (Up to 10 gallons)
- Medium (10-30 gallons)
- Large (30-55 gallons)
- Extra Large (55+ gallons)
- By Closure Type
- Zipper Closure
- Tie Closure
- Adhesive Closure
- By Application
- Medical Waste
- Chemical Waste
- Industrial Waste
- Radioactive Waste
- Biohazard Waste
- Pharmaceutical Waste
- Other Applications
- By End User
- Hospitals and Healthcare Facilities
- Laboratories
- Manufacturing and Industrial Facilities
- Research Institutes
- Pharmaceutical Companies
- Waste Management Companies
- Other End Users
- By Regulatory Compliance
- OSHA (Occupational Safety and Health Administration) compliant bags
- DOT (Department of Transportation) compliant bags
- UN (United Nations) certified bags
- Other Regulatory Compliance
- By Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
- Key Players
- Stericycle, Inc.
- Clean Harbors, Inc.
- Veolia Environnement S.A.
- Waste Management, Inc.
- SUEZ - Water Technologies & Solutions
- Republic Services, Inc.
- Safety-Kleen Systems, Inc.
- Heritage-Crystal Clean, LLC
- Daniels Health
- Sharps Compliance, Inc.
- Thermo Fisher Scientific Inc.
- U.S. Ecology, Inc.
- EnviroSolutions, Inc.
- Remondis SE & Co. KG
- GFL Environmental Inc.
Table of Contents
1. Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
2. Market Purview
- Report Description
- Market Definition and Scope
- Executive Summary
- Hazardous Waste Bag Market, By Material Type
- Hazardous Waste Bag Market, By Capacity
- Hazardous Waste Bag Market, By Closure Type
- Hazardous Waste Bag Market, By Application
- Hazardous Waste Bag Market, By End User
- Hazardous Waste Bag Market, By Regulatory Compliance
- Hazardous Waste Bag Market, By Region
- Coherent Opportunity Map (COM)
3. Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
- Growing environmental concerns
- Growing advancement in waste management
- Lack of awareness about the use of these bags in emerging economies
- Stringent government regulations regarding proper disposal of waste
- Impact Analysis
- Key Highlights
- Regulatory Scenario
- Product launch/Approvals
- PEST Analysis
- PORTER's Analysis
- Merger and Acquisition Scenario
4. Global Hazardous Waste Bag Market - Impact of Coronavirus (COVID-19) Pandemic
- COVID-19 Epidemiology
- Supply Side and Demand Side Analysis
- Economic Impact
5. Global Hazardous Waste Bag Market By Material Type, 2019-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
- Polypropylene (PP) Bags
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
- High-Density Polyethylene (HDPE) Bags
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
- Low-Density Polyethylene (LDPE) Bags
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
- Other Materials
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
6. Global Hazardous Waste Bag Market By Capacity, 2019-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
- Small (Up to 10 gallons)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
- Medium (10-30 gallons)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
- Large (30-55 gallons)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
- Extra Large (55+ gallons)
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
7. Global Hazardous Waste Bag Market By Closure Type, 2019-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
- Zipper Closure
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
- Tie Closure
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
- Adhesive Closure
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
8. Global Hazardous Waste Bag Market By Application, 2019-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
- Medical Waste
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
- Chemical Waste
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
- Industrial Waste
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
- Radioactive Waste
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
- Biohazard Waste
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
- Pharmaceutical Waste
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
- Other Applications
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
9. Global Hazardous Waste Bag Market By End User, 2019-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
- Hospitals and Healthcare Facilities
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
- Laboratories
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
- Manufacturing and Industrial Facilities
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
- Research Institutes
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
- Pharmaceutical Companies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
- Waste Management Companies
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
- Other End Users
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
10. Global Hazardous Waste Bag Market By Regulatory Compliance, 2019-2030, (US$ Mn)
- Introduction
- Market Share Analysis, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, 2019 - 2030
- Segment Trends
- OSHA (Occupational Safety and Health Administration) compliant bags
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
- DOT (Department of Transportation) compliant bags
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
- UN (United Nations) certified bags
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
- Other Regulatory Compliance
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, 2023-2030,(US$ Mn)
11. Global Hazardous Waste Bag Market By Region, 2019-2030, (US$ Mn)
- Introduction
- Market Share Analysis, By Country, 2023 and 2030 (%)
- Y-o-Y Growth Analysis, For Country 2019 -2030
- Country Trends
- North America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Closure Type, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Regulatory Compliance, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030,(US$ Mn)
- U.S
- Canada
- Europe
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Closure Type, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Regulatory Compliance, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030,(US$ Mn)
- Germany
- U.K.
- Spain
- France
- Italy
- Russia
- Rest of Europe
- Asia Pacific
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Closure Type, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Regulatory Compliance, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030,(US$ Mn)
- China
- India
- Japan
- South Korea
- ASEAN
- Rest of Asia Pacific
- Latin America
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Closure Type, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Regulatory Compliance, 2023-2030,(US$ Mn)
- Brazil
- Argentina
- Mexico
- Rest of Latin America
- Middle East & Africa
- Introduction
- Market Size and Forecast, and Y-o-Y Growth, By Material Type, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Capacity, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Closure Type, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Application, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By End User, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Regulatory Compliance, 2023-2030,(US$ Mn)
- Market Size and Forecast, and Y-o-Y Growth, By Country, 2023-2030,(US$ Mn)
- GCC Countries
- Israel
- South Africa
- North Africa
- Central Africa
- Rest of Middle East
12. Competitive Landscape
- Stericycle, Inc.
- Company Highlights
- Product Portfolio
- Key Developments
- Financial Performance
- Strategies
- Clean Harbors, Inc.
- Veolia Environnement S.A.
- Waste Management, Inc.
- SUEZ - Water Technologies & Solutions
- Republic Services, Inc.
- Safety-Kleen Systems, Inc.
- Heritage-Crystal Clean, LLC
- Daniels Health
- Sharps Compliance, Inc.
- Thermo Fisher Scientific Inc.
- S. Ecology, Inc.
- EnviroSolutions, Inc.
- Remondis SE & Co. KG
- GFL Environmental Inc.
- Analyst Views
13. Section
- Research Methodology
- About us