Global Bioplastic Multi-Layer Films for Compostable Food Service Packaging Market Growth 2024-2030

Global Bioplastic Multi-Layer Films for Compostable Food Service Packaging Market Growth 2024-2030

Bioplastics are derived from renewable resources, biodegradable, or both. Materials derived from renewable resources and biodegradable polymers are bioplastics, such as starch blends, polybutylene terephthalate, polylactic acid, and PBS. In multilayer film technology, two or more materials with specific and complementary properties are combined to enhance the overall performance of the bioplastic. These materials are competitive in flexible and rigid packaging while minimizing the negative impact of traditional petroleum-based plastics.

In food service packaging, compostable multilayer films provide excellent protection for fresh produce and dry foods. End-use packaging products made from this material can be easily printed using traditional and digital printing techniques. Compostable multilayer films enable food service providers to move away from traditional packaging and be at the forefront of creating a circular economy.

Upon disposal, the compostable bioplastic films and bags biodegrade into CO2, water & biomass within max 180 days under composting conditions. Biomass is a compost/ fertiliser that enhances the fertility of soil.

The global Bioplastic Multi-Layer Films for Compostable Food Service Packaging market size is projected to grow from US$ 198 million in 2024 to US$ 317 million in 2030; it is expected to grow at a CAGR of 8.2% from 2024 to 2030.

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

This Insight Report provides a comprehensive analysis of the global Bioplastic Multi-Layer Films for Compostable Food Service 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 Bioplastic Multi-Layer Films for Compostable Food Service Packaging portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Bioplastic Multi-Layer Films for Compostable Food Service Packaging market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Bioplastic Multi-Layer Films for Compostable Food Service 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 Bioplastic Multi-Layer Films for Compostable Food Service Packaging.

United States market for Bioplastic Multi-Layer Films for Compostable Food Service Packaging is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

China market for Bioplastic Multi-Layer Films for Compostable Food Service Packaging is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Europe market for Bioplastic Multi-Layer Films for Compostable Food Service Packaging is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.

Global key Bioplastic Multi-Layer Films for Compostable Food Service Packaging players cover BASF SE (Germany), TIPA LTD (Israel), Biome Bioplastics (A subsidiary of Biome Technologies plc) (U.K.), BioBag International AS (U.S.), Convex Innovative Packaging (New Zealand), etc. In terms of revenue, the global two largest companies occupied for a share nearly

% in 2023.

This report presents a comprehensive overview, market shares, and growth opportunities of Bioplastic Multi-Layer Films for Compostable Food Service Packaging market by product type, application, key manufacturers and key regions and countries.

Segmentation by Type:
Starch Blends
Polybutylene Adipate Terephthalate
Polylactic Acid
PBS
Others

Segmentation by Application:
Chain Restaurants
Non-Chain Restaurants
Chain Café
Non-Chain Café
Delivery Catering
Independent Sellers and Kiosks
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 SE (Germany)
TIPA LTD (Israel)
Biome Bioplastics (A subsidiary of Biome Technologies plc) (U.K.)
BioBag International AS (U.S.)
Convex Innovative Packaging (New Zealand)
Transcontinental Inc. (Canada)
Parkside Flexibles Ltd (U.K.)

Key Questions Addressed in this Report

What is the 10-year outlook for the global Bioplastic Multi-Layer Films for Compostable Food Service Packaging market?

What factors are driving Bioplastic Multi-Layer Films for Compostable Food Service Packaging market growth, globally and by region?

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

How do Bioplastic Multi-Layer Films for Compostable Food Service Packaging market opportunities vary by end market size?

How does Bioplastic Multi-Layer Films for Compostable Food Service Packaging break out by Type, by Application?

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