Global Biodegradable Paper Packaging Materials Market Growth 2023-2029

Global Biodegradable Paper Packaging Materials Market Growth 2023-2029

Environmentally friendly alternatives to traditional products is becoming increasingly easy these days. As more products become available, the more choices we have when it comes to combining green living with contemporary life. In one way or another, packaging materials touch every part of our life. From food packaging through to the packaging of parcels and packages, our use of packaging materials is surprisingly extensive. The growth in the amount of packaging that we use in our daily lives has had an impact on the amount of waste that is generated. Waste that cannot be reused or recycled ends up in landfills where it is left to rot for many years or, in some instances, the packaging is made from materials that will never decompose. By seeking biodegradable and recyclable alternatives we help the environment. Paper and cardboard – paper and cardboard is reusable, recyclable and biodegradable. There are a number of advantages to this type of packaging product, not least the fact that they are readily available. Many packaging manufacturing companies offer an environmentally friendly option which has been created using a high proportion of recycled paper.

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

This Insight Report provides a comprehensive analysis of the global Biodegradable Paper Packaging Materials 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 Paper Packaging Materials portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Biodegradable Paper Packaging Materials market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Biodegradable Paper Packaging Materials 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 Paper Packaging Materials.

The global Biodegradable Paper Packaging Materials market size is projected to grow from US$ 170760 million in 2022 to US$ 315580 million in 2029; it is expected to grow at a CAGR of 315580 from 2023 to 2029.

The latest trend gaining momentum in the market is increasing product innovations. With the increased adoption of biodegradable packaging materials, the vendors in the market are investing in the development of new products. They constantly upgrade their product portfolios and invest in developing materials with properties that are specific for specified applications. The manufacturers of packaging materials are now looking at differentiating their products from those offered by their competitors by providing the best biodegradable packaging products to meet the customers' needs. One of the major drivers for this market is increased adoption of biodegradable packaging. Biodegradable papers are degraded rapidly by microbes. Retailers play an important role in encouraging the consumers to adopt biodegradable paper packaging materials. In recent years, retailers are actively using bags made of biological materials and biodegradable paper packaging.

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

Market Segmentation:

Segmentation by type
Corrugated Board
Flexible Paper
Boxboard

Segmentation by application
Food Packaging
Beverage Packaging
Electronic Packaging
Others

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.
BASF
International Paper
Mondi
Smurfit Kappa
Stora Enso
Biopac
Georgia-Pacific
Hood Packaging
Kruger

Key Questions Addressed in this Report

What is the 10-year outlook for the global Biodegradable Paper Packaging Materials market?

What factors are driving Biodegradable Paper Packaging Materials market growth, globally and by region?

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

How do Biodegradable Paper Packaging Materials market opportunities vary by end market size?

How does Biodegradable Paper Packaging Materials 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.