Global Biodegradable Plastic Bags and Sacks Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Biodegradable Plastic Bags and Sacks Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Biodegradable plastic bags and sacks are created using materials that will allow the bags or sacks to completely decompose after a period of time. Most biodegradable plastic bags and sacks are said to decompose in three years, although many completely disintegrate in less time. The bags and sacks leave no discernible trace and are completely harmless to the environment. Biodegradable plastic bags and sacks require two key elements in order to decompose. The bags and sacks need to be exposed to oxygen and light. Therefore, biodegradable plastic bags and sacks do not start to decompose from the date of manufacture, only after they have been exposed to light and air.

According to our (Global Info Research) latest study, the global Biodegradable Plastic Bags and Sacks market size was valued at US$ 2187 million in 2023 and is forecast to a readjusted size of USD 2852 million by 2030 with a CAGR of 3.9% during review period.

Global key players of biodegradable plastic bags and sacks include BioBag, Novolex, EnviGreen, BASF, etc. The top four players hold a share about 30%. Europe is the largest market, with a share over 60%, followed by Asia-Pacific, and North America, both have a share about 35 percent.

This report is a detailed and comprehensive analysis for global Biodegradable Plastic Bags and Sacks market. Both quantitative and qualitative analyses are presented by manufacturers, by region & country, by Type and by Application. As the market is constantly changing, this report explores the competition, supply and demand trends, as well as key factors that contribute to its changing demands across many markets. Company profiles and product examples of selected competitors, along with market share estimates of some of the selected leaders for the year 2024, are provided.

Key Features:

Global Biodegradable Plastic Bags and Sacks market size and forecasts, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Biodegradable Plastic Bags and Sacks market size and forecasts by region and country, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Biodegradable Plastic Bags and Sacks market size and forecasts, by Type and by Application, in consumption value ($ Million), sales quantity (K MT), and average selling prices (USD/MT), 2019-2030

Global Biodegradable Plastic Bags and Sacks market shares of main players, shipments in revenue ($ Million), sales quantity (K MT), and ASP (USD/MT), 2019-2024

The Primary Objectives in This Report Are:

To determine the size of the total market opportunity of global and key countries

To assess the growth potential for Biodegradable Plastic Bags and Sacks

To forecast future growth in each product and end-use market

To assess competitive factors affecting the marketplace

This report profiles key players in the global Biodegradable Plastic Bags and Sacks market based on the following parameters - company overview, sales quantity, revenue, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include BioBag, Novolex, EnviGreen, BASF, Plastiroll, Sahachit, Xtex Polythene, RKW Group, Abbey Polythene, Sarah Bio Plast, etc.

This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals.

Market Segmentation

Biodegradable Plastic Bags and Sacks market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value. This analysis can help you expand your business by targeting qualified niche markets.

Market segment by Type
Polylactic acid (PLA)
Polyhydroxyalkanoate (PHA)
Starch Blends
Others

Market segment by Application
Food Packaging and Industrial Packaging
Convenient for Shopping
Garbage Containing
Others

Major players covered
BioBag
Novolex
EnviGreen
BASF
Plastiroll
Sahachit
Xtex Polythene
RKW Group
Abbey Polythene
Sarah Bio Plast
Bulldog Bag
Symphony Polymers
Jiangsu Torise biomaterials
JUNER Plastic packaging

Market segment by region, regional analysis covers

North America (United States, Canada, and Mexico)

Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)

Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)

South America (Brazil, Argentina, Colombia, and Rest of South America)

Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Biodegradable Plastic Bags and Sacks product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Biodegradable Plastic Bags and Sacks, with price, sales quantity, revenue, and global market share of Biodegradable Plastic Bags and Sacks from 2019 to 2024.

Chapter 3, the Biodegradable Plastic Bags and Sacks competitive situation, sales quantity, revenue, and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Biodegradable Plastic Bags and Sacks breakdown data are shown at the regional level, to show the sales quantity, consumption value, and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and by Application, with sales market share and growth rate by Type, by Application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value, and market share for key countries in the world, from 2019 to 2024.and Biodegradable Plastic Bags and Sacks market forecast, by regions, by Type, and by Application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends, and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Biodegradable Plastic Bags and Sacks.

Chapter 14 and 15, to describe Biodegradable Plastic Bags and Sacks sales channel, distributors, customers, research findings and conclusion.