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

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

According to our (Global Info Research) latest study, the global Degradable Plastic Bags market size was valued at USD 1969.7 million in 2023 and is forecast to a readjusted size of USD 3003.2 million by 2030 with a CAGR of 6.2% during review period.

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

The plastic restriction orders of various governments have brought huge market opportunities to Degradable Plastic Bags. With the implementation of these plastic restrictions, the Degradable Plastic Bags market will usher in tremendous development. From 2019 to 2020, many countries have newly launched plastic restriction orders, and the Degradable Plastic Bags ​market has grown rapidly.

The Global Info Research report includes an overview of the development of the Degradable Plastic Bags industry chain, the market status of Food Packaging (Polylactic acid (PLA), Polyhydroxyalkanoate (PHA)), Industrial Packaging (Polylactic acid (PLA), Polyhydroxyalkanoate (PHA)), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Degradable Plastic Bags.

Regionally, the report analyzes the Degradable Plastic Bags markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Degradable Plastic Bags market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Degradable Plastic Bags market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Degradable Plastic Bags industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (Tons), revenue generated, and market share of different by Type (e.g., Polylactic acid (PLA), Polyhydroxyalkanoate (PHA)).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Degradable Plastic Bags market.

Regional Analysis: The report involves examining the Degradable Plastic Bags market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Degradable Plastic Bags market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Degradable Plastic Bags:

Company Analysis: Report covers individual Degradable Plastic Bags manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Degradable Plastic Bags This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Food Packaging, Industrial Packaging).

Technology Analysis: Report covers specific technologies relevant to Degradable Plastic Bags. It assesses the current state, advancements, and potential future developments in Degradable Plastic Bags areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Degradable Plastic Bags market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Degradable Plastic Bags 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.

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

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

Major players covered
BioBag
Walki Plastiroll Oy
RKW Group
Jiangsu Torise biomaterials
JUNER Plastic packaging
Chnpack
Symphony Polymers
EnviGreen
XCBIO
Polybags
BioPak
Scanlux 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 Degradable Plastic Bags product scope, market overview, market estimation caveats and base year.

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

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

Chapter 4, the Degradable Plastic Bags 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 application, with sales market share and growth rate by type, 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 2017 to 2023.and Degradable Plastic Bags market forecast, by regions, type and 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 Degradable Plastic Bags.

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