Global Biodegradable Packaging Market to Reach $124.6 Billion by 2030
The global market for Biodegradable Packaging estimated at US$84.3 Billion in the year 2022, is projected to reach a revised size of US$124.6 Billion by 2030, growing at a CAGR of 5% over the analysis period 2022-2030. Paper, one of the segments analyzed in the report, is projected to record 4.3% CAGR and reach US$87.9 Billion by the end of the analysis period. Taking into account the ongoing post pandemic recovery, growth in the Plastic segment is readjusted to a revised 6.8% CAGR for the next 8-year period.The U.S. Market is Estimated at $24.7 Billion, While China is Forecast to Grow at 4.7% CAGR
The Biodegradable Packaging market in the U.S. is estimated at US$24.7 Billion in the year 2022. China, the world's second largest economy, is forecast to reach a projected market size of US$22 Billion by the year 2030 trailing a CAGR of 4.7% over the analysis period 2022 to 2030. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 4.4% and 4.2% respectively over the 2022-2030 period. Within Europe, Germany is forecast to grow at approximately 3.8% 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
What's New?
- Special coverage on Russia-Ukraine war; global inflation; easing of zero-Covid policy in China and its `bumpy` reopening; supply chain disruptions, global trade tensions; and risk of recession.
- Global competitiveness and key competitor percentage market shares
- Market presence across multiple geographies - Strong/Active/Niche/Trivial
- Online interactive peer-to-peer collaborative bespoke updates
- Access to digital archives and Research Platform
- Complimentary updates for one year
Table of Contents
I. METHODOLOGYII. EXECUTIVE SUMMARY2. FOCUS ON SELECT PLAYERSIII. MARKET ANALYSISIV. COMPETITION
1. MARKET OVERVIEW
- 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
- 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
- Global Biodegradable Paper and Plastic Packaging Market: Percentage Breakdown of Volume Sales by Leading Players for the Year 2019
- Global Biodegradable Bubble Wraps Market: Percentage Breakdown of Volume Sales by Leading Players for the Year 2019
- Global Biodegradable Paper Market: Percentage Breakdown of Volume Sales by Leading Players for the Year 2019
- Biodegradable Packaging - Global Key Competitors Percentage Market Share in 2022 (E)
- Impact of Covid-19 and a Looming Global Recession
- Competitive Market Presence - Strong/Active/Niche/Trivial for Players Worldwide in 2022 (E)
3. MARKET TRENDS & DRIVERS
- 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
- 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
- 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
- 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
4. GLOBAL MARKET PERSPECTIVE
- Table 1: World Biodegradable Packaging Market Analysis of Annual Sales in US$ Million for Years 2014 through 2030
- Table 2: World Recent Past, 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 2022 through 2030 and % CAGR
- Table 3: World 8-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 2023 & 2030
- Table 4: World Recent Past, Current & Future Analysis for Paper 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 2022 through 2030 and % CAGR
- Table 5: World 8-Year Perspective for Paper by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 6: World Recent Past, Current & Future Analysis for Plastic 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 2022 through 2030 and % CAGR
- Table 7: World 8-Year Perspective for Plastic by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 8: World Recent Past, Current & Future Analysis for Food & Beverage 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 2022 through 2030 and % CAGR
- Table 9: World 8-Year Perspective for Food & Beverage by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 10: World Recent Past, Current & Future Analysis for Pharmaceuticals 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 2022 through 2030 and % CAGR
- Table 11: World 8-Year Perspective for Pharmaceuticals by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
- Table 12: World Recent Past, Current & Future Analysis for Other Applications 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 2022 through 2030 and % CAGR
- Table 13: World 8-Year Perspective for Other Applications by Geographic Region - Percentage Breakdown of Value Sales for USA, Canada, Japan, China, Europe, Asia-Pacific and Rest of World for Years 2023 & 2030
UNITED STATES
- Biodegradable Packaging Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United States for 2023 (E)
- Biodegradable Packaging Market in the US: An Overview
- Table 14: USA Recent Past, Current & Future Analysis for Biodegradable Packaging by Material - Paper and Plastic - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 15: USA 8-Year Perspective for Biodegradable Packaging by Material - Percentage Breakdown of Value Sales for Paper and Plastic for the Years 2023 & 2030
- Table 16: USA Recent Past, Current & Future Analysis for Biodegradable Packaging by Application - Food & Beverage, Pharmaceuticals and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 17: USA 8-Year Perspective for Biodegradable Packaging by Application - Percentage Breakdown of Value Sales for Food & Beverage, Pharmaceuticals and Other Applications for the Years 2023 & 2030
CANADA
- Table 18: Canada Recent Past, Current & Future Analysis for Biodegradable Packaging by Material - Paper and Plastic - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 19: Canada 8-Year Perspective for Biodegradable Packaging by Material - Percentage Breakdown of Value Sales for Paper and Plastic for the Years 2023 & 2030
- Table 20: Canada Recent Past, Current & Future Analysis for Biodegradable Packaging by Application - Food & Beverage, Pharmaceuticals and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 21: Canada 8-Year Perspective for Biodegradable Packaging by Application - Percentage Breakdown of Value Sales for Food & Beverage, Pharmaceuticals and Other Applications for the Years 2023 & 2030
JAPAN
- Biodegradable Packaging Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Japan for 2023 (E)
- Table 22: Japan Recent Past, Current & Future Analysis for Biodegradable Packaging by Material - Paper and Plastic - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 23: Japan 8-Year Perspective for Biodegradable Packaging by Material - Percentage Breakdown of Value Sales for Paper and Plastic for the Years 2023 & 2030
- Table 24: Japan Recent Past, Current & Future Analysis for Biodegradable Packaging by Application - Food & Beverage, Pharmaceuticals and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 25: Japan 8-Year Perspective for Biodegradable Packaging by Application - Percentage Breakdown of Value Sales for Food & Beverage, Pharmaceuticals and Other Applications for the Years 2023 & 2030
CHINA
- Biodegradable Packaging Market Presence - Strong/Active/Niche/Trivial - Key Competitors in China for 2023 (E)
- Chinese Biodegradable Packaging Market: A Snapshot
- Table 26: China Recent Past, Current & Future Analysis for Biodegradable Packaging by Material - Paper and Plastic - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 27: China 8-Year Perspective for Biodegradable Packaging by Material - Percentage Breakdown of Value Sales for Paper and Plastic for the Years 2023 & 2030
- Table 28: China Recent Past, Current & Future Analysis for Biodegradable Packaging by Application - Food & Beverage, Pharmaceuticals and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 29: China 8-Year Perspective for Biodegradable Packaging by Application - Percentage Breakdown of Value Sales for Food & Beverage, Pharmaceuticals and Other Applications for the Years 2023 & 2030
EUROPE
- Biodegradable Packaging Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Europe for 2023 (E)
- Europe: A Major Market for Biodegradable Packaging
- Table 30: Europe Recent Past, 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 2022 through 2030 and % CAGR
- Table 31: Europe 8-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 2023 & 2030
- Table 32: Europe Recent Past, Current & Future Analysis for Biodegradable Packaging by Material - Paper and Plastic - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 33: Europe 8-Year Perspective for Biodegradable Packaging by Material - Percentage Breakdown of Value Sales for Paper and Plastic for the Years 2023 & 2030
- Table 34: Europe Recent Past, Current & Future Analysis for Biodegradable Packaging by Application - Food & Beverage, Pharmaceuticals and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 35: Europe 8-Year Perspective for Biodegradable Packaging by Application - Percentage Breakdown of Value Sales for Food & Beverage, Pharmaceuticals and Other Applications for the Years 2023 & 2030
FRANCE
- Biodegradable Packaging Market Presence - Strong/Active/Niche/Trivial - Key Competitors in France for 2023 (E)
- Table 36: France Recent Past, Current & Future Analysis for Biodegradable Packaging by Material - Paper and Plastic - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 37: France 8-Year Perspective for Biodegradable Packaging by Material - Percentage Breakdown of Value Sales for Paper and Plastic for the Years 2023 & 2030
- Table 38: France Recent Past, Current & Future Analysis for Biodegradable Packaging by Application - Food & Beverage, Pharmaceuticals and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 39: France 8-Year Perspective for Biodegradable Packaging by Application - Percentage Breakdown of Value Sales for Food & Beverage, Pharmaceuticals and Other Applications for the Years 2023 & 2030
GERMANY
- Biodegradable Packaging Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Germany for 2023 (E)
- Table 40: Germany Recent Past, Current & Future Analysis for Biodegradable Packaging by Material - Paper and Plastic - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 41: Germany 8-Year Perspective for Biodegradable Packaging by Material - Percentage Breakdown of Value Sales for Paper and Plastic for the Years 2023 & 2030
- Table 42: Germany Recent Past, Current & Future Analysis for Biodegradable Packaging by Application - Food & Beverage, Pharmaceuticals and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 43: Germany 8-Year Perspective for Biodegradable Packaging by Application - Percentage Breakdown of Value Sales for Food & Beverage, Pharmaceuticals and Other Applications for the Years 2023 & 2030
ITALY
- Table 44: Italy Recent Past, Current & Future Analysis for Biodegradable Packaging by Material - Paper and Plastic - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 45: Italy 8-Year Perspective for Biodegradable Packaging by Material - Percentage Breakdown of Value Sales for Paper and Plastic for the Years 2023 & 2030
- Table 46: Italy Recent Past, Current & Future Analysis for Biodegradable Packaging by Application - Food & Beverage, Pharmaceuticals and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 47: Italy 8-Year Perspective for Biodegradable Packaging by Application - Percentage Breakdown of Value Sales for Food & Beverage, Pharmaceuticals and Other Applications for the Years 2023 & 2030
UNITED KINGDOM
- Biodegradable Packaging Market Presence - Strong/Active/Niche/Trivial - Key Competitors in the United Kingdom for 2023 (E)
- Table 48: UK Recent Past, Current & Future Analysis for Biodegradable Packaging by Material - Paper and Plastic - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 49: UK 8-Year Perspective for Biodegradable Packaging by Material - Percentage Breakdown of Value Sales for Paper and Plastic for the Years 2023 & 2030
- Table 50: UK Recent Past, Current & Future Analysis for Biodegradable Packaging by Application - Food & Beverage, Pharmaceuticals and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 51: UK 8-Year Perspective for Biodegradable Packaging by Application - Percentage Breakdown of Value Sales for Food & Beverage, Pharmaceuticals and Other Applications for the Years 2023 & 2030
REST OF EUROPE
- Table 52: Rest of Europe Recent Past, Current & Future Analysis for Biodegradable Packaging by Material - Paper and Plastic - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 53: Rest of Europe 8-Year Perspective for Biodegradable Packaging by Material - Percentage Breakdown of Value Sales for Paper and Plastic for the Years 2023 & 2030
- Table 54: Rest of Europe Recent Past, Current & Future Analysis for Biodegradable Packaging by Application - Food & Beverage, Pharmaceuticals and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 55: Rest of Europe 8-Year Perspective for Biodegradable Packaging by Application - Percentage Breakdown of Value Sales for Food & Beverage, Pharmaceuticals and Other Applications for the Years 2023 & 2030
ASIA-PACIFIC
- Biodegradable Packaging Market Presence - Strong/Active/Niche/Trivial - Key Competitors in Asia-Pacific for 2023 (E)
- Surge in Demand for Sustainable Packaging Drives Growth of Biodegradable Packaging
- Innovations in the Indian Biodegradable Packaging Market
- Table 56: Asia-Pacific Recent Past, Current & Future Analysis for Biodegradable Packaging by Material - Paper and Plastic - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 57: Asia-Pacific 8-Year Perspective for Biodegradable Packaging by Material - Percentage Breakdown of Value Sales for Paper and Plastic for the Years 2023 & 2030
- Table 58: Asia-Pacific Recent Past, Current & Future Analysis for Biodegradable Packaging by Application - Food & Beverage, Pharmaceuticals and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 59: Asia-Pacific 8-Year Perspective for Biodegradable Packaging by Application - Percentage Breakdown of Value Sales for Food & Beverage, Pharmaceuticals and Other Applications for the Years 2023 & 2030
REST OF WORLD
- Table 60: Rest of World Recent Past, Current & Future Analysis for Biodegradable Packaging by Material - Paper and Plastic - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 61: Rest of World 8-Year Perspective for Biodegradable Packaging by Material - Percentage Breakdown of Value Sales for Paper and Plastic for the Years 2023 & 2030
- Table 62: Rest of World Recent Past, Current & Future Analysis for Biodegradable Packaging by Application - Food & Beverage, Pharmaceuticals and Other Applications - Independent Analysis of Annual Sales in US$ Million for the Years 2022 through 2030 and % CAGR
- Table 63: Rest of World 8-Year Perspective for Biodegradable Packaging by Application - Percentage Breakdown of Value Sales for Food & Beverage, Pharmaceuticals and Other Applications for the Years 2023 & 2030
Companies Mentioned (Partial List)
A selection of companies mentioned in this report includes, but is not limited to:
- 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
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 274 |
Published | April 2024 |
Forecast Period | 2022 - 2030 |
Estimated Market Value ( USD | $ 84.3 Billion |
Forecasted Market Value ( USD | $ 124.6 Billion |
Compound Annual Growth Rate | 5.0% |
Regions Covered | Global |