Hazardous Waste Bagging" Is The Fastest Growing Segment Fueling The Growth Of The Hazardous Waste Bag Market
Hazardous waste bags are used for disposal of contaminated, toxic and hazardous waste materials generated from various industries and healthcare facilities. These bags are made from sturdy and tear resistant materials to safely contain hazardous substances. The global hazardous waste bag market is estimated to be valued at US$ 942.2 Mn in 2023 and is expected to exhibit a CAGR of 5.2% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights. Market key trends: One of the key trends driving the growth of hazardous waste bag market is the stringent government regulations regarding safe disposal of hazardous waste. Most countries have implemented regulations mandating the use of approved packaging for transportation and disposal of toxic industrial waste. Additionally, the growing healthcare industry worldwide has led to increased generation of biomedical waste requiring proper containment and disposal. The Covid-19 pandemic has also