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Biodegradable Packaging - Global Market Trajectory & Analytics

  • ID: 4804732
  • Report
  • April 2021
  • Region: Global
  • 92 Pages
  • Global Industry Analysts, Inc
Global Biodegradable Packaging Market to Reach $32.7 Billion by 2027

Amid the COVID-19 crisis, the global market for Biodegradable Packaging estimated at US$13.4 Billion in the year 2020, is projected to reach a revised size of US$32.7 Billion by 2027, growing at a CAGR of 13.6% over the period 2020-2027.



The U.S. Market is Estimated at $4 Billion, While China is Forecast to Grow at 13.1% CAGR

The Biodegradable Packaging market in the U.S. is estimated at US$4 Billion in the year 2020. China, the world's second largest economy, is forecast to reach a projected market size of US$5.7 Billion by the year 2027 trailing a CAGR of 13.1% over the analysis period 2020 to 2027. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 12% and 11.6% respectively over the 2020-2027 period. Within Europe, Germany is forecast to grow at approximately 9.9% CAGR.

Select Competitors (Total 44 Featured):
  • BASF SE
  • Biopac (UK) Ltd.
  • Clearwater Paper Corporation
  • Georgia-Pacific LLC
  • International Paper Co.
  • Kruger Inc.
  • Mondi Ltd.
  • NatureWorks LLC
  • Novamont SpA
  • Smurfit Kappa Group PLC
  • Stora Enso Oyj
  • WestRock Company
Frequently Asked Questions about the Global Market for Biodegradable Packaging

What is the estimated value of the Global Market for Biodegradable Packaging?

The Global Market for Biodegradable Packaging was estimated to be valued at $13.4 Billion in 2020.

What is the growth rate of the Global Market for Biodegradable Packaging?

The growth rate of the Global Market for Biodegradable Packaging is 13.6%, with an estimated value of $32.7 Billion by 2027.

What is the forecasted size of the Global Market for Biodegradable Packaging?

The Global Market for Biodegradable Packaging is estimated to be worth $32.7 Billion by 2027.
Note: Product cover images may vary from those shown

I. METHODOLOGY
II. EXECUTIVE SUMMARY
  • Influencer Market Insights
  • World Market Trajectories
  • Increasing Need to Minimize Environmental Pollution and Resultant Demand for Easily Degradable Packaging Material Creates Demand for Biodegradable Packaging
  • Europe and North America Dominate the Biodegradable Packaging Market
  • Food Industry: A Major Application Area for Biodegradable Packaging
  • Exhibit 1: Global Biodegradable Polymers Consumption: Percentage Breakdown of Value Sales by End-Use Industry for the Year 2019
  • Demand for Sustainable and Recyclable Packaging Benefits Market Growth
  • Competition
  • Biodegradable Packaging: A Highly Fragmented Market
  • Exhibit 2: Global Biodegradable Paper and Plastic Packaging Market: Percentage Breakdown of Volume Sales by Leading Players for the Year 2019
  • Exhibit 3: Global Biodegradable Bubble Wraps Market: Percentage Breakdown of Volume Sales by Leading Players for the Year 2019
  • Exhibit 4: Global Biodegradable Paper Market: Percentage Breakdown of Volume Sales by Leading Players for the Year 2019
  • Impact of Covid-19 and a Looming Global Recession
  • Consumer Awareness on Adverse Effects of Plastic Packaging Fuels Adoption of Biodegradable Packaging Material
  • Increasing Preference for Green Packaging Materials Against the Backdrop of Growing Environmental Concerns Drive Demand for Biodegradable Packaging
  • Exhibit 5: Global Production of Biodegradable and Non-Biodegradable Plastics in ‘000 Tons for the Years 2019, 2021, 2023 and 2025
  • Demand for Biodegradable Plastics to Witness Significant Growth in the Upcoming Years
  • PLA: A Major Biodegradable Plastic in Demand
  • Exhibit 6: Percentage Breakdown of Global Bioplastics Production by Material Type for the Year 2019
  • Biodegradable Paper Packaging: The Fastest Growing Market
  • Beverage Packaging: One of the Significant End-Use Markets for Biodegradable Packaging Materials
  • Exhibit 7: Global Bottled Water Consumption in Billion Liters for the Years 2010, 2015 and 2020
  • Pharmaceutical and Personal Care: Other Applications of Biodegradable Packaging
  • Oxo-Biodegradable Bags: An Important Innovation in Biodegradable Packaging Market
  • Increasing Growth of E-Commerce Sector and Online Shopping Propels Demand for Biodegradable Packaging Materials
  • Government Regulations to Support the Growth Biodegradable Packaging
  • Innovations and Advancements
  • Finnish Companies to Release Biodegradable Food Packaging
  • Bio-on Unveils Bioplastic Packaging for Fruit and Vegetables
  • Swiggy Introduces Eco-Friendly Packaging Solutions for Restaurant Partners
  • Nestlé Releases Nesquik All Natural in Paper Packaging
  • PepsiCo Opts to Launch Lays and Kurkure in Eco-Friendly Plant-Based Packaging
  • Cove to Launch 100% Biodegradable Water Bottle
  • Product Overview
  • Biodegradable Packaging: An Introduction
  • Types of Biodegradable Materials
  • Advantages and Disadvantages of Biodegradable Packaging
  • Properties of Biodegradable Materials
  • Table 1: World Current & Future Analysis for Biodegradable Packaging by Geographic Region - USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 2: World 7-Year Perspective for Biodegradable Packaging by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World Markets for Years 2020 & 2027

III. MARKET ANALYSIS
  • Biodegradable Packaging Market in the US: An Overview
  • Table 3: USA Current & Future Analysis for Biodegradable Packaging by Segment - Biodegradable Packaging - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 4: Canada Current & Future Analysis for Biodegradable Packaging by Segment - Biodegradable Packaging - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 5: Japan Current & Future Analysis for Biodegradable Packaging by Segment - Biodegradable Packaging - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Chinese Biodegradable Packaging Market: A Snapshot
  • Table 6: China Current & Future Analysis for Biodegradable Packaging by Segment - Biodegradable Packaging - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Europe: A Major Market for Biodegradable Packaging
  • Table 7: Europe Current & Future Analysis for Biodegradable Packaging by Geographic Region - France, Germany, Italy, UK and Rest of Europe Markets - Independent Analysis of Annual Sales in US$ Million for Years 2020 through 2027 and % CAGR
  • Table 8: Europe 7-Year Perspective for Biodegradable Packaging by Geographic Region - Percentage Breakdown of Value Sales for France, Germany, Italy, UK and Rest of Europe Markets for Years 2020 & 2027
  • Table 9: France Current & Future Analysis for Biodegradable Packaging by Segment - Biodegradable Packaging - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 10: Germany Current & Future Analysis for Biodegradable Packaging by Segment - Biodegradable Packaging - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 11: Italy Current & Future Analysis for Biodegradable Packaging by Segment - Biodegradable Packaging - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 12: UK Current & Future Analysis for Biodegradable Packaging by Segment - Biodegradable Packaging - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 13: Rest of Europe Current & Future Analysis for Biodegradable Packaging by Segment - Biodegradable Packaging - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Surge in Demand for Sustainable Packaging Drives Growth of Biodegradable Packaging
  • Innovations in the Indian Biodegradable Packaging Market
  • Table 14: Asia-Pacific Current & Future Analysis for Biodegradable Packaging by Segment - Biodegradable Packaging - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR
  • Table 15: Rest of World Current & Future Analysis for Biodegradable Packaging by Segment - Biodegradable Packaging - Independent Analysis of Annual Sales in US$ Million for the Years 2020 through 2027 and % CAGR

IV. COMPETITION
  • Total Companies Profiled: 44
Note: Product cover images may vary from those shown