Biodegradable Loose Fill Packaging Market - Size, Share, Trends, and Forecast, 2022 - 2028

Biodegradable Loose Fill Packaging Market - Size, Share, Trends, and Forecast, 2022 - 2028

Loose fill packaging materials offer cost-effective protection to lightweight products against vibration or shock during handling or shipping. This packaging material is flexible and therefore, fills the empty spaces in the outer packaging. It is most widely used to fill the empty space around the fragile goods in the cardboard boxes, in order to ensure safe delivery of products during shipping.
Furthermore, biodegradable loose fill, also known as peanuts, is majorly used in the protection of valuable items such as electronic components, fragile consumer products, and glass items. This packaging material has the ability to dissipate static charge and therefore, is used in the packaging of microchips and electronic products that are susceptible to damage due to static electricity.
Market Dynamics
Rising environmental concerns regarding plastic pollution is driving growth of the biodegradable loose fill packaging market. According to data provided by United Nations in 2015, plastic packaging waste accounted for 47% share in the global plastic waste generation. Rising awareness regarding these factors is fuelling demand for environment-friendly and sustainable packaging solution, which in turn will support growth of global biodegradable loose fill packaging market during the forecast period.
However, higher production cost of biodegradable loose fill’s material is restraining the market growth. The production cost of these materials is higher than conventional packing peanuts. Therefore, preference of consumers and suppliers shift towards low cost packaging materials over biodegradable packaging materials is expected to negatively impact the market growth over the forecast period.
Key features of the study:

This report provides in-depth analysis of the biodegradable loose fill packaging market, market size (US$ million), and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrix for this market. It provides valuable insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players.
It profiles leading players in the global biodegradable loose fill packaging market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, and future plans
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions with respect to their future product launch, market expansion, and marketing tactics
The global biodegradable loose fill packaging market report caters to various stakeholders in this industry, including investors, product developers, distributors, healthcare companies, research institutes, new entrants, and financial analysts
Stakeholders would greatly benefit in decision-making through the various strategy matrices used in analyzing the biodegradable loose fill packaging market

Detailed Segmentation:

Global Biodegradable Loose Fill Packaging Market, By Material:

Starch
Recycled Paper
Others

Global Biodegradable Loose Fill Packaging Market, By Application:

Consumer Goods Packaging
Pharmaceutical packaging
Cosmetics & Personal Care Products Packaging
Others (Handicrafts, Stationary, Office Supplies)

Global Biodegradable Loose Fill Packaging Market, By Geography:

North America

U.S.

By Material:

Starch
Recycled Paper
Others

By Application:

Consumer Goods Packaging
Pharmaceutical packaging
Cosmetics & Personal Care Products Packaging
Others (Handicrafts, Stationary, Office Supplies)

Canada

By Material:

Starch
Recycled Paper
Others

By Application:

Consumer Goods Packaging
Pharmaceutical packaging
Cosmetics & Personal Care Products Packaging
Others (Handicrafts, Stationary, Office Supplies)

Europe

U.K.

By Material:

Starch
Recycled Paper
Others

By Application:

Consumer Goods Packaging
Pharmaceutical packaging
Cosmetics & Personal Care Products Packaging
Others (Handicrafts, Stationary, Office Supplies)

Germany

By Material:

Starch
Recycled Paper
Others

By Application:

Consumer Goods Packaging
Pharmaceutical packaging
Cosmetics & Personal Care Products Packaging
Others (Handicrafts, Stationary, Office Supplies)

Italy

By Material:

Starch
Recycled Paper
Others

By Application:

Consumer Goods Packaging
Pharmaceutical packaging
Cosmetics & Personal Care Products Packaging
Others (Handicrafts, Stationary, Office Supplies)

France

By Material:

Starch
Recycled Paper
Others

By Application:

Consumer Goods Packaging
Pharmaceutical packaging
Cosmetics & Personal Care Products Packaging
Others (Handicrafts, Stationary, Office Supplies)

Spain

By Material:

Starch
Recycled Paper
Others

By Application:

Consumer Goods Packaging
Pharmaceutical packaging
Cosmetics & Personal Care Products Packaging
Others (Handicrafts, Stationary, Office Supplies)

Russia

By Material:

Starch
Recycled Paper
Others

By Application:

Consumer Goods Packaging
Pharmaceutical packaging
Cosmetics & Personal Care Products Packaging
Others (Handicrafts, Stationary, Office Supplies)

Rest of Europe

By Material:

Starch
Recycled Paper
Others

By Application:

Consumer Goods Packaging
Pharmaceutical packaging
Cosmetics & Personal Care Products Packaging
Others (Handicrafts, Stationary, Office Supplies)

Asia Pacific

China

By Material:

Starch
Recycled Paper
Others

By Application:

Consumer Goods Packaging
Pharmaceutical packaging
Cosmetics & Personal Care Products Packaging
Others (Handicrafts, Stationary, Office Supplies)

India

By Material:

Starch
Recycled Paper
Others

By Application:

Consumer Goods Packaging
Pharmaceutical packaging
Cosmetics & Personal Care Products Packaging
Others (Handicrafts, Stationary, Office Supplies)

Japan

By Material:

Starch
Recycled Paper
Others

By Application:

Consumer Goods Packaging
Pharmaceutical packaging
Cosmetics & Personal Care Products Packaging
Others (Handicrafts, Stationary, Office Supplies)

ASEAN

By Material:

Starch
Recycled Paper
Others

By Application:

Consumer Goods Packaging
Pharmaceutical packaging
Cosmetics & Personal Care Products Packaging
Others (Handicrafts, Stationary, Office Supplies)

Australia

By Material:

Starch
Recycled Paper
Others

By Application:

Consumer Goods Packaging
Pharmaceutical packaging
Cosmetics & Personal Care Products Packaging
Others (Handicrafts, Stationary, Office Supplies)

South Korea

By Material:

Starch
Recycled Paper
Others

By Application:

Consumer Goods Packaging
Pharmaceutical packaging
Cosmetics & Personal Care Products Packaging
Others (Handicrafts, Stationary, Office Supplies)

Rest of Asia Pacific

By Material:

Starch
Recycled Paper
Others

By Application:

Consumer Goods Packaging
Pharmaceutical packaging
Cosmetics & Personal Care Products Packaging
Others (Handicrafts, Stationary, Office Supplies)

Latin America

Brazil

By Material:

Starch
Recycled Paper
Others

By Application:

Consumer Goods Packaging
Pharmaceutical packaging
Cosmetics & Personal Care Products Packaging
Others (Handicrafts, Stationary, Office Supplies)

Mexico

By Material:

Starch
Recycled Paper
Others

By Application:

Consumer Goods Packaging
Pharmaceutical packaging
Cosmetics & Personal Care Products Packaging
Others (Handicrafts, Stationary, Office Supplies)

Argentina

By Material:

Starch
Recycled Paper
Others

By Application:

Consumer Goods Packaging
Pharmaceutical packaging
Cosmetics & Personal Care Products Packaging
Others (Handicrafts, Stationary, Office Supplies)

Rest of Latin America

By Material:

Starch
Recycled Paper
Others

By Application:

Consumer Goods Packaging
Pharmaceutical packaging
Cosmetics & Personal Care Products Packaging
Others (Handicrafts, Stationary, Office Supplies)

Africa

Northern Africa

By Material:

Starch
Recycled Paper
Others

By Application:

Consumer Goods Packaging
Pharmaceutical packaging
Cosmetics & Personal Care Products Packaging
Others (Handicrafts, Stationary, Office Supplies)

Central Africa

By Material:

Starch
Recycled Paper
Others

By Application:

Consumer Goods Packaging
Pharmaceutical packaging
Cosmetics & Personal Care Products Packaging
Others (Handicrafts, Stationary, Office Supplies)

South Africa

By Material:

Starch
Recycled Paper
Others

By Application:

Consumer Goods Packaging
Pharmaceutical packaging
Cosmetics & Personal Care Products Packaging
Others (Handicrafts, Stationary, Office Supplies)

Middle East

GCC

By Material:

Starch
Recycled Paper
Others

By Application:

Consumer Goods Packaging
Pharmaceutical packaging
Cosmetics & Personal Care Products Packaging
Others (Handicrafts, Stationary, Office Supplies)

Israel

By Material:

Starch
Recycled Paper
Others

By Application:

Consumer Goods Packaging
Pharmaceutical packaging
Cosmetics & Personal Care Products Packaging
Others (Handicrafts, Stationary, Office Supplies)

Rest of Middle East

By Material:

Starch
Recycled Paper
Others

By Application:

Consumer Goods Packaging
Pharmaceutical packaging
Cosmetics & Personal Care Products Packaging
Others (Handicrafts, Stationary, Office Supplies)

Company Profiles

Nefab Group*

Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans

Alsamex Products Ltd.
Sealed Air Corporation
Storopack Inc.
Green Light Packaging Ltd.
Foam Fabricators, Inc.
Ferrari Packaging Ltd.
Menai Foam & Board Ltd.
ACH Foam Technologies

“*” marked represents similar segmentation in other categories in the respective section.