Global Compostable Cling Film Market Growth 2024-2030
Compostable cling film is a type of packaging material designed to wrap and protect food items while being environmentally friendly. Made from biodegradable polymers such as polylactic acid (PLA), polyhydroxyalkanoates (PHA), starch-based materials, or cellulose, this film is engineered to decompose into natural substances in composting environments, either industrial or home composting systems. Compostable cling film provides similar functionality to traditional plastic cling film, including high clarity, good cling properties, and barrier protection against moisture and gases, but with the added benefit of reducing plastic waste and environmental impact by breaking down into compost instead of lingering in landfills. Development trends focus on enhancing the film's performance characteristics and expanding its applications to meet growing consumer and regulatory demands for sustainable packaging solutions.
The global Compostable Cling Film market size is projected to grow from US$ million in 2024 to US$ million in 2030; it is expected to grow at a CAGR of %from 2024 to 2030.
LP Information, Inc. (LPI) ' newest research report, the “Compostable Cling Film Industry Forecast” looks at past sales and reviews total world Compostable Cling Film sales in 2023, providing a comprehensive analysis by region and market sector of projected Compostable Cling Film sales for 2024 through 2030. With Compostable Cling Film sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Compostable Cling Film industry.
This Insight Report provides a comprehensive analysis of the global Compostable Cling Film 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 Compostable Cling Film portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Compostable Cling Film market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Compostable Cling Film 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 Compostable Cling Film.
United States market for Compostable Cling Film 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 Compostable Cling Film 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 Compostable Cling Film is estimated to increase from US$ million in 2023 to US$ million by 2030, at a CAGR of % from 2024 through 2030.
Global key Compostable Cling Film players cover Fabbri Group, BioBag, Vegware, Great Wrap, Wrapmaster (Cofresco Foodservice), 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 Compostable Cling Film market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
Starch-Based Films
Cellulose-Based Films
Others
Segmentation by Application:
Household
Commercial
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.
Fabbri Group
BioBag
Vegware
Great Wrap
Wrapmaster (Cofresco Foodservice)
Novamont
Crocco
GreenDot BioPak
Biogreen Biotech
Bonnie Bio
Ecoleaf (Suma)
KM Packaging
BioTuff
Anhui Jumei Biotechnology
Shandong Stark Biodegradable Technology
Shenzhen Esun Industrial
Shenzhen Hongxiang Packaging
Key Questions Addressed in this Report
What is the 10-year outlook for the global Compostable Cling Film market?
What factors are driving Compostable Cling Film market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Compostable Cling Film market opportunities vary by end market size?
How does Compostable Cling Film break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.