Global Home Compostable Film Market Growth 2024-2030
Home Compostable Film is a biodegradable material designed to break down naturally in a home composting environment, typically within 6 to 12 months, without the need for industrial composting facilities. These films are made from renewable resources, such as plant-based polymers like PLA (polylactic acid), PHA (polyhydroxyalkanoates), or cellulose, and are formulated to decompose at lower temperatures commonly found in home composts (20-30°C). The degradation process results in non-toxic byproducts, such as water, carbon dioxide, and organic matter, which enrich the compost without leaving harmful residues. Certified by standards like TÜV Austria’s OK Compost Home, these films are environmentally friendly alternatives to traditional plastics, ideal for packaging and agricultural applications where end-of-life compostability is crucial.
The global Home Compostable 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 “Home Compostable Film Industry Forecast” looks at past sales and reviews total world Home Compostable Film sales in 2023, providing a comprehensive analysis by region and market sector of projected Home Compostable Film sales for 2024 through 2030. With Home Compostable Film sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Home Compostable Film industry.
This Insight Report provides a comprehensive analysis of the global Home Compostable 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 Home Compostable Film portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms’ unique position in an accelerating global Home Compostable Film market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Home Compostable 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 Home Compostable Film.
United States market for Home Compostable 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 Home Compostable 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 Home Compostable 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 Home Compostable Film players cover Avery Dennison, Futamura, Novamont, Grounded Packaging, TIPA Compostable Packaging, 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 Home Compostable Film market by product type, application, key manufacturers and key regions and countries.
Segmentation by Type:
PLA
PHA
Others
Segmentation by Application:
Food Packaging
Non-Food Packaging
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.
Avery Dennison
Futamura
Novamont
Grounded Packaging
TIPA Compostable Packaging
Taghleef Industries
Walki Group
Billerud
Ticinoplast
Innovia Films
HERMA
Polycart
Key Questions Addressed in this Report
What is the 10-year outlook for the global Home Compostable Film market?
What factors are driving Home Compostable Film market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Home Compostable Film market opportunities vary by end market size?
How does Home Compostable Film break out by Type, by Application?
Please note: The report will take approximately 2 business days to prepare and deliver.