Global Biohazard Bags Market is expected to foresee significant growth. North America to lead the growth!
- Himanshu Patni
- November 21, 2022
- Biohazard Bags Market, Biohazard Bags Market Analysis, Biohazard Bags Market Growth, Biohazard Bags Market Share, Biohazard Bags Market Size, Biohazard Bags Market Trends
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Global biohazard bags market is expected to register a CAGR of approx. 6% over the period of 2022-2028. The term “biohazard bag” refers to a plastic or paper bag that is used to collect and transport infectious and biohazardous waste to another location, like a lab, for proper management and disposal. Blood, fabric, bullets, and other evidence samples cannot be analyzed immediately. The global biohazard bags market is rising due to the increasing prevalence of disease which significantly boosts the patient population around the globe. Various companies are focusing on advanced and innovative plastic bags for controlling the population and managing the hospital’s waste as well. For instance, in February 2021, The Justrite Safety Group, based in Illinois, USA, introduced a new line of poly waste container bags. These bags are designed to identify biohazard and infectious linen medical waste and would be offered in two colors- red for biohazard material handling and yellow for infectious linen. Additionally, it is projected that the expanding urbanization in emerging nations and the growing burden of biomedical waste will catalyze the market demand throughout the projection period. Owing to these glaring statistics the demand for biohazard bags is anticipated to grow in the forthcoming years as they are strong for a sharp object as waste from hospitals and eco-friendly as well. Moreover, rising awareness regarding the benefits of hospital waste management is fueling the demand for the biohazard bags market. Furthermore, the increased elderly population and the prevalence of better sales channels is expected to drive the market for biohazard bags market in the coming years.
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Based on the capacity types, the biohazard bags market is segmented into less than 15 gallons, 16 gallons- 30 gallons, and above 30 gallons. The less than 15 gallons segment accounted for a significant market share and it is estimated that it will grow rapidly during the projected timeframe owing to the use of biohazard bags for collecting stores, and transporting biohazardous waste. These bags are designed to provide superior strength, puncture and tear resistance, and long-lasting durability.
Based on material type, the market is fragmented into polypropylene, polyethylene, plastics, LDPE, high-demand polyethylene, and others. The LDPE segment grabbed a considerable market share, and it is expected to grow at a significant CAGR during the forecast period. Further, HDPE has heat resistance and ability to resist tear and wear, and it is expected to grow with the highest CAGR during the forecasted period.
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For a better understanding of the market adoption of biohazard bags market, the market is analyzed based on its worldwide presence in the countries such as North America (United States, Canada, and Rest of North America), Europe (Germany, France, Italy, Spain, United Kingdom, and Rest of Europe), Asia-Pacific (China, Japan, India, Australia, and Rest of APAC), and Rest of World. North America constitutes a major market for the biohazard bags industry owing to the growing geriatric population along with the adoption of innovative medical technology.
Some of the major players operating in the market include Bel-Art SP Scienceware, Dynalon, Heathrow Scientific, Thermo Fisher Scientific Corporation, MiniGrip, Tufpak Inc, Cole-Parmer Instrument Company, BWS Incorporated, Abdos Labtech Pvt.Ltd., DELUXE SCIENTIFIC SURGICO PVT. LTD
Global Biohazard Bags Market Segmentation
Market Insight, by Capacity Types
- Less Than 15 Gallon
- 16 Gallon-30 Gallon
- Above 30 Gallon
Market Insight, by Material Type
- LDPE (Low-Density Polyethylene
- High demand polyethylene
Market Insight, by Application
- Highly infectious
- Other Infectious
- Chemical and Pharmaceutical
- General Healthcare Waste
Market Insight, by End-Users
- Hospitals, Clinics, Diagnostic Laboratories
- Pharmaceutical/Research Laboratories
Market Insight, by Region
- North America
- United States
- Rest of North America
- United Kingdom
- Rest of Europe
- Rest of Asia-Pacific
- Rest of World
Top Company Profiles
- Bel-Art SP Scienceware
- Heathrow Scientific
- Thermo Fisher Scientific Corporation
- Tufpak Inc
- Cole-Parmer Instrument Company
- BWS Incorporated
- Abdos Labtech Pvt.Ltd.
- DELUXE SCIENTIFIC SURGICO PVT. LTD.