Global Biodegradable Plastics for Packaging Market Growth 2024-2030

Global Biodegradable Plastics for Packaging Market Growth 2024-2030

Biodegradable plastics for packaging are materials used in the manufacture of packaging products that decompose naturally over time, reducing waste and environmental impact compared to traditional plastics.

The global Biodegradable Plastics for Packaging market size is projected to grow from US$ 695 million in 2024 to US$ 1654 million in 2030; it is expected to grow at a CAGR of 15.6% from 2024 to 2030.

LP Information, Inc. (LPI) ' newest research report, the “Biodegradable Plastics for Packaging Industry Forecast” looks at past sales and reviews total world Biodegradable Plastics for Packaging sales in 2023, providing a comprehensive analysis by region and market sector of projected Biodegradable Plastics for Packaging sales for 2024 through 2030. With Biodegradable Plastics for Packaging sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Biodegradable Plastics for Packaging industry.

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

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

The market for biodegradable plastics in packaging is expanding as companies seek alternatives to conventional plastics in response to consumer demand for sustainable packaging solutions. The trend includes the development of biodegradable films, bags, containers, and other packaging materials with improved performance and compostability.

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

Segmentation by Type:
PBS
PBAT
PHA

Segmentation by Application:
Daily Consumer Goods
Industrial 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 analysing the company's coverage, product portfolio, its market penetration.
BASF
Novamont
Mitsubishi Chemical
Danimer Scientific
Kingfa
Yifan Xinfu Pharmaceutical
Anqing Hexing
SJBRT Chemical
Hengli
Jinhuizhaolong
Sinopec

Key Questions Addressed in this Report

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

What factors are driving Biodegradable Plastics for Packaging market growth, globally and by region?

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

How do Biodegradable Plastics for Packaging market opportunities vary by end market size?

How does Biodegradable Plastics for Packaging break out by Type, by Application?

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