Global Biodegradable Films Market Growth 2023-2029

Global Biodegradable Films Market Growth 2023-2029

Biodegradable films are plastic based films that have additives included in the manufacturing process. These additives, usually enzymes, enable the plastic to break down. When the film breaks down, it simply turns into smaller pieces of plastic. Therefore, biodegradable films aren’t as environmentally friendly as they’re cracked up to be. Biodegradable plastics also require specific conditions to break down, such as sunlight or certain temperatures. This means they can still take years (even decades) to break down and can leave behind micro-fragments of plastic. Plus, they can sometimes emit CO2 when they’re decomposing, which isn’t ideal.

LPI (LP Information)' newest research report, the “Biodegradable Films Industry Forecast” looks at past sales and reviews total world Biodegradable Films sales in 2022, providing a comprehensive analysis by region and market sector of projected Biodegradable Films sales for 2023 through 2029. With Biodegradable Films sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Biodegradable Films industry.

This Insight Report provides a comprehensive analysis of the global Biodegradable Films landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Biodegradable Films portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Biodegradable Films market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Biodegradable Films and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Biodegradable Films.

The global Biodegradable Films market size is projected to grow from US$ 1144.4 million in 2022 to US$ 1720.2 million in 2029; it is expected to grow at a CAGR of 1720.2 from 2023 to 2029.

The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges.

This report presents a comprehensive overview, market shares, and growth opportunities of Biodegradable Films market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
PLA Films
Starch-based Films
Other

Segmentation by application
Supermarket
Retail Store
Other

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Plascon Group
Plastiroll
Futamura
Taghleef Industries
Cortec Packaging
Clondalkin Group
TIPA
Sigmund Lindner GmbH
Layfield
BI-AX
Paco Label
Polystar Plastics

Key Questions Addressed in this Report

What is the 10-year outlook for the global Biodegradable Films market?

What factors are driving Biodegradable Films market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Biodegradable Films market opportunities vary by end market size?

How does Biodegradable Films break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.