Report overview
Biodegradable materials are materials that are readily decomposed by the action of microorganisms. Biodegradable packaging differs from conventional non-degradable packaging in terms of raw materials, production technology, applications, and composting. Biodegradable materials such as bio-plastic and paper are widely used in packaging applications because of their sustainable nature, material properties, and appearance.
This report aims to provide a comprehensive presentation of the global market for Biodegradable Packaging Materials, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Biodegradable Packaging Materials. This report contains market size and forecasts of Biodegradable Packaging Materials in global, including the following market information:
Global Biodegradable Packaging Materials Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global Biodegradable Packaging Materials Market Sales, 2018-2023, 2024-2032, (K Sqm)
Global top five Biodegradable Packaging Materials companies in 2022 (%)
The global Biodegradable Packaging Materials market was valued at US$ 106880 million in 2022 and is projected to reach US$ 150640 million by 2029, at a CAGR of 5.0% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The rising demand for sustainable packaging materials among consumers will drive the growth prospects for the global biodegradable paper packaging materials market until the end of 2021. The market is witnessing a high rate of adoption of biodegradable paper or ecofriendly materials by retailers and intermediaries for packaging purposes because of various initiatives taken by governments of many countries to promote the use of sustainable packaging materials. Also, factors such as the growing consumer awareness, change in consumer attitudes, rising preference towards the environment-friendly packaging materials, and the increasing demand for these packaging materials from retail outlets will fuel the market?s growth. Moreover, the market is also driven by the growing inclination of various economies towards the globalization of trade. a number of developing and developed economies are expected to contribute attractive share to the global revenue. North America and Europe are anticipated to be potentially lucrative regional markets, with the growth driven by large technological advancements in manufacturing processes. Asia Pacific is expected to be a promising region, with burgeoning demand attributed to the rising adoption of recyclable materials in the food and beverages packaging sector.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Biodegradable Packaging Materials manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Biodegradable Packaging Materials Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K Sqm)
Global Biodegradable Packaging Materials Market Segment Percentages, by Type, 2022 (%)
Corrugated Board
Flexible Paper
Boxboard
Global Biodegradable Packaging Materials Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K Sqm)
Global Biodegradable Packaging Materials Market Segment Percentages, by Application, 2022 (%)
Food Packaging
Beverage Packaging
Electronic Packaging
Global Biodegradable Packaging Materials Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K Sqm)
Global Biodegradable Packaging Materials Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Biodegradable Packaging Materials revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Biodegradable Packaging Materials revenues share in global market, 2022 (%)
Key companies Biodegradable Packaging Materials sales in global market, 2018-2023 (Estimated), (K Sqm)
Key companies Biodegradable Packaging Materials sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
BASF
International Paper
Mondi
Smurfit Kappa
Stora Enso
Outline of Major Chapters:
Chapter 1: Introduces the definition of Biodegradable Packaging Materials, market overview.
Chapter 2: Global Biodegradable Packaging Materials market size in revenue and volume.
Chapter 3: Detailed analysis of Biodegradable Packaging Materials manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Biodegradable Packaging Materials in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Biodegradable Packaging Materials capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
