Global Compostable Plastic Film Supply, Demand and Key Producers, 2023-2029

Global Compostable Plastic Film Supply, Demand and Key Producers, 2023-2029

The global Compostable Plastic Film market size is expected to reach $ million by 2029, rising at a market growth of % CAGR during the forecast period (2023-2029).

Growing awareness about plastic pollution and its impact on the environment has led to a shift in consumer preferences and regulatory measures. Governments, businesses, and consumers are seeking more sustainable alternatives to traditional plastics, which has fueled the demand for biodegradable plastic film. The packaging industry is a significant driver for the biodegradable plastic film market. As consumers demand more eco-friendly packaging solutions, businesses are adopting biodegradable films for applications such as food packaging, bags, and wraps. Biodegradable films offer a sustainable option without compromising on performance and functionality.

Compostable plastic film refers to a type of plastic film that is designed to break down and decompose naturally through the action of microorganisms in the environment. Unlike traditional plastics that can persist in the environment for hundreds of years, biodegradable films offer a more environmentally friendly alternative as they can degrade into natural elements relatively quickly.

This report studies the global Compostable Plastic Film production, demand, key manufacturers, and key regions.

This report is a detailed and comprehensive analysis of the world market for Compostable Plastic Film, 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 Plastic Film that contribute to its increasing demand across many markets.

Highlights and key features of the study

Global Compostable Plastic Film total production and demand, 2018-2029, (Tons)

Global Compostable Plastic Film total production value, 2018-2029, (USD Million)

Global Compostable Plastic Film production by region & country, production, value, CAGR, 2018-2029, (USD Million) & (Tons)

Global Compostable Plastic Film consumption by region & country, CAGR, 2018-2029 & (Tons)

U.S. VS China: Compostable Plastic Film domestic production, consumption, key domestic manufacturers and share

Global Compostable Plastic Film production by manufacturer, production, price, value and market share 2018-2023, (USD Million) & (Tons)

Global Compostable Plastic Film production by Type, production, value, CAGR, 2018-2029, (USD Million) & (Tons)

Global Compostable Plastic Film production by Application production, value, CAGR, 2018-2029, (USD Million) & (Tons)

This reports profiles key players in the global Compostable Plastic Film 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 RKW, Novamont, BI-AX, TIPA, Plascon Group, Futamura, Taghleef Industries, Cortec Packaging and Clondalkin, 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 Plastic Film 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 Plastic Film Market, By Region:
United States
China
Europe
Japan
South Korea
ASEAN
India
Rest of World

Global Compostable Plastic Film Market, Segmentation by Type
Plant-based
Starch-based

Global Compostable Plastic Film Market, Segmentation by Application
Food Packaging
Non Food Packaging
Others

Companies Profiled:
RKW
Novamont
BI-AX
TIPA
Plascon Group
Futamura
Taghleef Industries
Cortec Packaging
Clondalkin

Key Questions Answered

1. How big is the global Compostable Plastic Film market?

2. What is the demand of the global Compostable Plastic Film market?

3. What is the year over year growth of the global Compostable Plastic Film market?

4. What is the production and production value of the global Compostable Plastic Film market?

5. Who are the key producers in the global Compostable Plastic Film market?

6. What are the growth factors driving the market demand?