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Scandinavia Biodegradable Plastic Packaging Market Forecast to 2030

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from $2,950 85 Pages Market Research Future July, 2023 RESFT18107449
Best Price Guarantee
Price from $2,950
Length 85 Pages
Publisher Market Research Future
Published Date July, 2023
SKU RESFT18107449

Scandinavia Biodegradable Plastic Packaging Market Forecast to 2030


The biodegradable plastic packaging market is experiencing notable growth owing shifting inclination of manufacturers as well as end users towards the highly sustainable form of packaging solutions. With the high level of product customization and highly sustainable yet recyclable packaging outlook, biodegradable plastic packaging is experiencing eye-catching demand among the various brand owners across Scandinavia.

As the name suggests, biodegradable plastic packaging is a highly eco-friendly and sustainable form of packaging which are biodegradable and compostable. Biodegradable plastic packaging has unique advantages over the conventional form of plastic packaging in terms of circular economy, greenhouse gas emissions, and others. biodegradable plastic made up of starch, cellulose, polylactic acid (PLA), and other materials is predominantly used for both food and non-food packaging applications. The future demand outlook for Scandinavia biodegradable plastic packaging seems astonishing owing to the rising demand for sustainable forms of packaging in the region.

Market Segmentation
This report has segmented the Scandinavia biodegradable plastic packaging market based on type, and application.

Based on type, the Scandinavia biodegradable plastic packaging has been segmented into starch-based plastic, cellulose-based plastic, polylactic acid (PLA), polyhydroxyalkanoates (PHA), and others. In 2021, the polylactic acid (PLA) segment drove the Scandinavia biodegradable plastic packaging market by holding a substantial market share with a market value of USD 28.0 million. It is projected to register an 11.0% CAGR during the projected timeframe.

Based on application, the Scandinavia biodegradable plastic packaging market has been segmented into food, beverages, healthcare, personal care/homecare, automotive, and others. in 2021, the food segment led the market with a substantial market share. The target segments are projected to offer a total incremental opportunity of USD 34.5 Mn during the forecast period.

Based on country the Scandinavia biodegradable plastic packaging market has been segmented into Denmark. Norway, Sweden, Finland, and Iceland. Sweden country is anticipated to drive the Scandinavia biodegradable plastic packaging throughout the forecast period. The target country is anticipated to offer a total incremental opportunity of USD 25.2 Million by the end of 2030.

Major Players
Huhtamaki, Mondi, Amcor Plc, Adapa Group, Duni Group, Walki Group Oy, Tetra Pak, BioBag International AS, Aspelin Group are the major players in the market.

Companies Mentioned
Huhtamaki
Mondi
Amcor Plc
Adapa Group
Duni Group
Walki Group Oy
Tetra Pak
BioBag International AS
Aspelin Group

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1 Executive Summary 11
1.1 Market Attractiveness Analysis 13
1.1.1 Scandinavia Biodegradable Plastic Packaging Market, By Type 13
1.1.2 Scandinavia Biodegradable Plastic Packaging Market, By Application 14
2 Market Introduction 15
2.1 Definition 15
2.2 Scope Of The Study 15
2.3 Market Structure 15
3 Research Methodology 16
3.1 Research Process 16
3.2 Primary Research 17
3.3 Secondary Research 18
3.4 Market Size Estimation 19
3.5 Top-down And Bottom-up Approach 19
3.6 Forecast Model 20
3.7 List Of Assumptions 21
4 Market Dynamics 22
4.1 Overview 22
4.2 Drivers 23
4.2.1 Rising Environmental Concerns 23
4.2.2 Rising Demand For Sustainable, Environment-friendly Packaging Solutions 23
4.3 Restraints 24
4.3.1 Inefficient Raw Material Sourcing And Management 24
4.4 Opportunities 25
4.4.1 Rising Government's Initiatives 25
4.4.2 Research And Development Investments 25
4.5 Short-term And Long-term Impact Of Covid-19 On The Biodegradable Plastic Packaging Market 25
4.5.1 Impact Of Covid-19 On The Overall Packaging Industry 25
4.5.2 Economic Impact 26
4.5.3 Impact On The Biodegradable Plastic Packaging Market 26
4.5.3.1 Price Variation Of Key Raw Materials 26
4.5.3.2 Production Shutdown 26
4.5.4 Impact On Market Demand For Biodegradable Plastic Packaging Market 27
4.5.4.1 Impact Due To Restrictions/Lockdown 27
4.5.4.2 Consumer Sentiments 27
4.5.5 Impact On Pricing Of Biodegradable Plastic Packaging Market 27
4.5.6 Market Growth Post-pandemic 27
5 Market Factor Analysis 29
5.1 Supply Chain Analysis 29
5.1.1 Development 29
5.1.2 Raw Material Supply 30
5.1.3 Manufacturing 30
5.1.4 Sales & Distribution 30
5.1.5 End Users 30
5.2 Porter's Five Forces Model 31
5.2.1 Threat Of New Entrants 31
5.2.2 Bargaining Power Of Suppliers 32
5.2.3 Threat Of Substitutes Moderate 32
5.2.4 Bargaining Power Of Buyers Low 32
5.2.5 Intensity Of Rivalry Moderate 32
6 Scandinavia Biodegradable Plastic Packaging Market, By Type 33
6.1 Overview 33
6.2 Starch Based Plastic 34
6.3 Cellulose Based Plastics 34
6.4 Polylactic Acid (Pla) 35
6.5 Polyhydroxyalkanoates (Pha) 35
6.6 Others 36
7 Scandinavia Biodegradable Plastic Packaging Market, By Application 37
7.1 Overview 37
7.2 Food 38
7.3 Beverages 38
7.4 Healthcare 39
7.5 Personal Care/Homecare 39
7.6 Automotive 39
7.7 Others 40
8 Scandinavia Biodegradable Plastic Packaging Market, By Region 41
8.1 Overview 41
8.1.1 Scandinavia Biodegradable Plastic Packaging Market, By Region, 2018–2030 42
8.1.2 Denmark 42
8.1.3 Norway 43
8.1.4 Sweden 44
8.1.5 Finland 45
8.1.6 Iceland 46
9 Global Biodegradable Plastic Packaging Market - Overview 48
10 Competitive Landscape 49
10.1 Overview 49
10.2 Competitive Benchmarking 50
10.3 Market Share Analysis 51
10.4 Key Development In The Scandinavia Biodegradable Plastic Packaging Market 51
10.4.1 Product Launch/Development 51
10.4.2 Collaboration 51
10.4.3 Partnership 52
10.4.4 Expansion 52
10.4.5 Investment 53
10.4.6 Acquisition 53
11 Company Profiles 54
11.1 Huhtamaki 54
11.1.1 Company Overview 54
11.1.2 Financial Overview 55
11.1.3 Products Offered 55
11.1.4 Key Developments 56
11.1.5 Swot Analysis 56
11.1.6 Key Strategies 57
11.2 Mondi 58
11.2.1 Company Overview 58
11.2.2 Financial Overview 59
11.2.3 Products Offered 59
11.2.4 Key Developments 60
11.2.5 Swot Analysis 61
11.2.6 Key Strategies 61
11.3 Amcor Plc 62
11.3.1 Company Overview 62
11.3.2 Financial Overview 63
11.3.3 Products Offered 64
11.3.4 Key Developments 64
11.3.5 Swot Analysis 65
11.3.6 Key Strategies 65
11.4 Adapa Group 66
11.4.1 Company Overview 66
11.4.2 Financial Overview 66
11.4.3 Products Offered 66
11.4.4 Key Developments 67
11.4.5 Swot Analysis 67
11.4.6 Key Strategies 68
11.5 Duni Group 69
11.5.1 Company Overview 69
11.5.2 Financial Overview 70
11.5.3 Products Offered 70
11.5.4 Key Developments 71
11.5.5 Swot Analysis 71
11.5.6 Key Strategies 72
11.6 Walki Group Oy 73
11.6.1 Company Overview 73
11.6.2 Financial Overview 73
11.6.3 Products Offered 73
11.6.4 Key Developments 74
11.6.5 Swot Analysis 74
11.6.6 Key Strategies 75
11.7 Tetra Pak 76
11.7.1 Company Overview 76
11.7.2 Financial Overview 76
11.7.3 Products Offered 76
11.7.4 Key Developments 77
11.7.5 Swot Analysis 77
11.7.6 Key Strategies 78
11.8 Zureli 79
11.8.1 Company Overview 79
11.8.2 Financial Overview 79
11.8.3 Products Offered 79
11.8.4 Key Developments 79
11.8.5 Key Strategies 79
11.9 Biobag International As 80
11.9.1 Company Overview 80
11.9.2 Financial Overview 80
11.9.3 Products Offered 80
11.9.4 Key Developments 81
11.9.5 Swot Analysis 81
11.9.6 Key Strategies 82
11.10 Aspelin Group 83
11.10.1 Company Overview 83
11.10.2 Financial Overview 83
11.10.3 Products Offered 83
11.10.4 Key Developments 83
11.10.5 Swot Analysis 84
11.10.6 Key Strategies 84
List Of Tables
Table 1 List Of Assumptions 21
Table 2 Scandinavia Biodegradable Plastic Packaging Market, By Type 2018–2030 (Usd Million) 36
Table 3 Scandinavia Biodegradable Plastic Packaging Market, By Application 2018–2030 (Usd Million) 40
Table 4 Scandinavia Biodegradable Plastic Packaging Market, By Region, 2018–2030 (Usd Million) 42
Table 5 Denmark Biodegradable Plastic Packaging Market, By Type 2018–2030 (Usd Million) 42
Table 6 Denmark Biodegradable Plastic Packaging Market, By Application 2018–2030 (Usd Million) 43
Table 7 Norway Biodegradable Plastic Packaging Market, By Type 2018–2030 (Usd Million) 43
Table 8 Norway Biodegradable Plastic Packaging Market, By Application 2018–2030 (Usd Million) 44
Table 9 Sweden Biodegradable Plastic Packaging Market, By Type 2018–2030 (Usd Million) 44
Table 10 Sweden Biodegradable Plastic Packaging Market, By Application 2018–2030 (Usd Million) 45
Table 11 Finland Biodegradable Plastic Packaging Market, By Type 2018–2030 (Usd Million) 45
Table 12 Finland Biodegradable Plastic Packaging Market, By Application 2018–2030 (Usd Million) 46
Table 13 Iceland Biodegradable Plastic Packaging Market, By Type 2018–2030 (Usd Million) 46
Table 14 Iceland Biodegradable Plastic Packaging Market, By Application 2018–2030 (Usd Million) 47
Table 15 Global Biodegradable Plastic Packaging Market, By Region, 2018–2030 (Usd Million) 48
Table 16 Product Launch/Development 51
Table 17 Collaboration 51
Table 18 Partnership 52
Table 19 Expansion 52
Table 20 Investment 53
Table 21 Acquisition 53
Table 22 Huhtamaki: Products Offered 55
Table 23 Huhtamaki: Key Developments 56
Table 24 Mondi: Products Offered 59
Table 25 Mondi: Key Developments 60
Table 26 Amcor Plc: Products Offered 64
Table 27 Amcor Plc: Key Developments 64
Table 28 Adapa Group: Products Offered 66
Table 29 Adapa Group: Key Developments 67
Table 30 Duni Group: Products Offered 70
Table 31 Duni Group: Key Developments 71
Table 32 Walki Group Oy: Products Offered 73
Table 33 Walki Group Oy: Key Developments 74
Table 34 Tetra Pak: Products Offered 76
Table 35 Tetra Pak: Key Developments 77
Table 36 Zureli: Products Offered 79
Table 37 Biobag International As: Products Offered 80
Table 38 Biobag International As: Key Developments 81
Table 39 Aspelin Group: Products Offered 83
List Of Figures
Figure 1 Market Synopsis 12
Figure 2 Scandinavia Biodegradable Plastic Packaging Analysis Market, By Type 13
Figure 3 Scandinavia Biodegradable Plastic Packaging Analysis Market, By Application 14
Figure 4 Scandinavia Biodegradable Plastic Packaging Market: Market Structure 15
Figure 5 Research Process Of Mrfr 16
Figure 6 Market Dynamics: Scandinavia Biodegradable Plastic Packaging Market 22
Figure 7 Drivers: Impact Analysis 23
Figure 8 Restraint: Impact Analysis 24
Figure 9 Supply Chain Analysis: Scandinavia Biodegradable Plastic Packaging Market 29
Figure 10 Porter's Five Forces Analysis: Scandinavia Biodegradable Plastic Packaging Market 31
Figure 11 Scandinavia Biodegradable Plastic Packaging Market, By Type, 2021 (% Share) 33
Figure 12 Scandinavia Biodegradable Plastic Packaging Market, By Type, 2018–2030 (Usd Million) 34
Figure 13 Scandinavia Biodegradable Plastic Packaging Market, By Application, 2021 (% Share) 37
Figure 14 Scandinavia Biodegradable Plastic Packaging Market, By Application, 2018–2030 (Usd Million) 38
Figure 15 Scandinavia Biodegradable Plastic Packaging Market, By Region, 2021 (% Share) 41
Figure 16 Scandinavia Biodegradable Plastic Packaging Market, By Region, 2018-2030 41
Figure 17 Benchmarking Of Major Competitors 50
Figure 18 Market Share Analysis, 2021 51
Figure 19 Huhtamaki: Financial Overview Snapshot 55
Figure 20 Huhtamaki: Swot Analysis 56
Figure 21 Mondi: Financial Overview Snapshot 59
Figure 22 Mondi: Swot Analysis 61
Figure 23 Amcor Plc: Financial Overview Snapshot 63
Figure 24 Amcor Plc: Swot Analysis 65
Figure 25 Adapa Group: Swot Analysis 67
Figure 26 Duni Group: Financial Overview Snapshot 70
Figure 27 Duni Group: Swot Analysis 71
Figure 28 Walki Group Oy: Swot Analysis 74
Figure 29 Tetra Pak: Swot Analysis 77
Figure 30 Biobag International As: Swot Analysis 81
Figure 31 Aspelin Group: Swot Analysis 84

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