Global Compostable Food Cling Wrap Market Growth 2024-2030

Global Compostable Food Cling Wrap Market Growth 2024-2030

Compostable food cling wrap refers to a type of packaging material specifically designed for wrapping and protecting food items while being environmentally friendly and sustainable. This cling wrap is typically made from biodegradable materials such as polylactic acid (PLA), polyhydroxyalkanoates (PHA), starch-based polymers, or cellulose-based materials. Unlike traditional plastic cling wrap, which persists in the environment for extended periods, compostable food cling wrap is engineered to break down into natural components under composting conditions. This includes industrial composting facilities with controlled temperature, moisture, and microbial activity, as well as home composting systems. Compostable food cling wrap offers similar functionality to conventional cling wrap, including transparency, cling properties, and barrier protection against moisture and gases, but without the environmental impact of traditional plastics. Development in this area focuses on enhancing performance characteristics, expanding applications, and meeting stringent compostability standards to support sustainable packaging practices in the food industry.

The global Compostable Food Cling Wrap 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 Food Cling Wrap Industry Forecast” looks at past sales and reviews total world Compostable Food Cling Wrap sales in 2023, providing a comprehensive analysis by region and market sector of projected Compostable Food Cling Wrap sales for 2024 through 2030. With Compostable Food Cling Wrap sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Compostable Food Cling Wrap industry.

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

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Compostable Food Cling Wrap 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 Food Cling Wrap.

United States market for Compostable Food Cling Wrap 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 Food Cling Wrap 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 Food Cling Wrap 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 Food Cling Wrap 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 Food Cling Wrap 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 Food Cling Wrap market?

What factors are driving Compostable Food Cling Wrap market growth, globally and by region?

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

How do Compostable Food Cling Wrap market opportunities vary by end market size?

How does Compostable Food Cling Wrap break out by Type, by Application?

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