Global Compostable Packaging Films Supply, Demand and Key Producers, 2023-2029
The global Compostable Packaging Films market size is expected to reach $ 1560 million by 2029, rising at a market growth of 6.1% CAGR during the forecast period (2023-2029).
Biodegradable films, also known as compostable plastics, are a type of packaging made from plant-based materials like starch and cellulose. Unlike most traditional petroleum-based plastics, biodegradable films are designed to break down in landfills or compost bins in a matter of months instead of centuries; making them a much more eco-friendly option for the packaging industry. They offer similar protection against moisture and contamination as plastic does, but with less environmental impact. Biodegradable films can be used to package food products, fabric goods, consumer electronics and many other items that require secure yet efficient packaging.
This report studies the global Compostable Packaging Films production, demand, key manufacturers, and key regions.
This report is a detailed and comprehensive analysis of the world market for Compostable Packaging Films, and provides market size (US$ million) and Year-over-Year (YoY) Growth, considering 2022 as the base year. This report explores demand trends and competition, as well as details the characteristics of Compostable Packaging Films that contribute to its increasing demand across many markets.
Highlights and key features of the study
Global Compostable Packaging Films total production and demand, 2018-2029, (Tons)
Global Compostable Packaging Films total production value, 2018-2029, (USD Million)
Global Compostable Packaging Films production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (Tons)
Global Compostable Packaging Films consumption by region & country, CAGR, 2018-2029 & (Tons)
U.S. VS China: Compostable Packaging Films domestic production, consumption, key domestic manufacturers and share
Global Compostable Packaging Films production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (Tons)
Global Compostable Packaging Films production by Type, production, value, CAGR, 2018-2029, (USD Million) & (Tons)
Global Compostable Packaging Films production by Application production, value, CAGR, 2018-2029, (USD Million) & (Tons)
This reports profiles key players in the global Compostable Packaging Films market based on the following parameters – company overview, production, value, price, gross margin, product portfolio, geographical presence, and key developments. Key companies covered as a part of this study include TC Transcontinental, Cortec Packaging, TIPA, Elevate Packaging, Futamura, Frankston(Paco Label Systems), Polystar Plastics, CLONDALKIN GROUP and BI-AX International Inc, etc.
This report also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, COVID-19 and Russia-Ukraine War Influence.
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the World Compostable Packaging Films market
Detailed Segmentation:
Each section contains quantitative market data including market by value (US$ Millions), volume (production, consumption) & (Tons) and average price (US$/Ton) by manufacturer, by Type, and by Application. Data is given for the years 2018-2029 by year with 2022 as the base year, 2023 as the estimate year, and 2024-2029 as the forecast year.
Global Compostable Packaging Films Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World
Global Compostable Packaging Films Market, Segmentation by Type
Starch-based
Plant-based
Global Compostable Packaging Films Market, Segmentation by Application
Food
Agriculture
Home Care
Medical
Companies Profiled:
TC Transcontinental
Cortec Packaging
TIPA
Elevate Packaging
Futamura
Frankston(Paco Label Systems)
Polystar Plastics
CLONDALKIN GROUP
BI-AX International Inc
BASF
BioBag International
RKW Group
Dow Chemical
Novamont
Futamura
Amcor
Key Questions Answered
1. How big is the global Compostable Packaging Films market?
2. What is the demand of the global Compostable Packaging Films market?
3. What is the year over year growth of the global Compostable Packaging Films market?
4. What is the production and production value of the global Compostable Packaging Films market?
5. Who are the key producers in the global Compostable Packaging Films market?
6. What are the growth factors driving the market demand?