Data Bridge Market Research analyses that the Biodegradable Paper And Plastic Packaging Market was valued at USD 10.24 billion in 2021 and is expected to reach USD 21.43 billion by 2029, registering a CAGR of 9.67 % during the forecast period of 2022 to 2029.
Industry Analysis
Packaging is one of the main industries in the globe. The biodegradable packaging is an easily biodegradable and natural protection method for packaging. Biodegradable plastic and paper packaging are extensively used in the packaging of products and materials transported from one place to another, as plastic allows logistics companies to transport their goods and materials over a large distance and in any environmental condition. In the wake of sustainable development, logistic end users are more inclined towards the use of biodegradable paper and plastic packaging material because it is non-toxic for the human health and environment. Biodegradable paper and plastic packaging aids to protect product from water, dust, and other climate conditions, therefore helping keep packed goods secure and safe.
Data Bridge Market Research analyses that the biodegradable paper and plastic packaging market was valued at USD 10.24 billion in 2021 and is expected to reach USD 21.43 billion by 2029, registering a CAGR of 9.67 % during the forecast period of 2022 to 2029. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Biodegradable is the property of material which refers to the ability of materials to break down and return to their nature stage. For packaging material and products to qualify as biodegradable, they must completely decompose or break down into natural elements within a short time period after disposal, or typically in a year or less.
Global Biodegradable Paper and Plastic Packaging Market Scope
The biodegradable paper and plastic packaging market is segmented on the basis of type, material and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Type
· Starch Based plastic
· Cellulose Based Plastics
· Polylactic Acid (PLA)
· Polyhydroxyalkanoates (PHA)
Material
· Plastic
· Paper
End-User
· Food and Beverage
· Catering Service wares
· Personal and Home Care
· Healthcare
· Others
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Biodegradable Paper and Plastic Packaging Market Regional Analysis/Insights
The biodegradable paper and plastic packaging market is analysed and market size insights and trends are provided by country, type, material, and end-user as referenced above.
The countries covered in the biodegradable paper and plastic packaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
Asia-Pacific dominates the biodegradable paper and plastic packaging market in terms of revenue and market share during the forecast period. This is due to the increasing demand for biodegradable paper and plastic packaging in this region. The Asia-Pacific region leads the biodegradable paper and plastic packaging market because of increasing awareness for plastic segment and growing business expansion in food and beverages industry among the consumers. Due of the ease of the large consumption because of increase in urbanization and population in different sectors that uses biodegradable paper & plastic packaging increases, China is leading the Asia-Pacific market.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Biodegradable Paper and Plastic Packaging Market Share Analysis
The biodegradable paper and plastic packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to biodegradable paper and plastic packaging market.
Some of the major players operating in the biodegradable paper and plastic packaging market are:
· Riverside Paper Co. Inc. (US)
· SmartSolve Industries (US)
· Özsoy Plastik (Turkey)
· Ultra Green Sustainable Packaging (US)
· Hosgör Plastik (Turkey)
· Eurocell S.r.l (UK)
· Tetra Pak International SA (Switzerland)
· (US), Kruger Inc. (Canada)
· Amcor PLC (Switzerland)
· Mondi (UK)
· International Paper Company (US)
· Smurfit Kappa (US)
· DS Smith (UK)
· Klabin SA (Brazil)
· Rengo Co. Ltd (Japan)
· WestRock Company (US)
· Stora Enso (Sweden)
· Bemis manufacturing company (US)
· Rocktenn (US)
· BASF SE (Germany)
· Clearwater Paper Corporation (US)
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MAJOR TOC OF THE REPORT
Ø Chapter One: Introduction
Ø Chapter Two: Market Segmentation
Ø Chapter Three: Market Overview
Ø Chapter Four: Executive Summary
Ø Chapter Five: Premium Insights
Ø Chapter Six: Global Biodegradable Paper and Plastic Packaging Market by Product & Procedure type
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