+353-1-416-8900REST OF WORLD
+44-20-3973-8888REST OF WORLD
1-917-300-0470EAST COAST U.S
1-800-526-8630U.S. (TOLL FREE)

PRINTER FRIENDLY

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
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
Adroll
adroll