According to our (Global Info Research) latest study, the global Biodegradable Packaging Materials market size was valued at USD 106880 million in 2023 and is forecast to a readjusted size of USD 150640 million by 2030 with a CAGR of 5.0% during review period.
Biodegradable materials are materials that are readily decomposed by the action of microorganisms. Biodegradable packaging differs from conventional non-degradable packaging in terms of raw materials, production technology, applications, and composting. Biodegradable materials such as bio-plastic and paper are widely used in packaging applications because of their sustainable nature, material properties, and appearance.
The rising demand for sustainable packaging materials among consumers will drive the growth prospects for the global biodegradable paper packaging materials market until the end of 2021. The market is witnessing a high rate of adoption of biodegradable paper or ecofriendly materials by retailers and intermediaries for packaging purposes because of various initiatives taken by governments of many countries to promote the use of sustainable packaging materials. Also, factors such as the growing consumer awareness, change in consumer attitudes, rising preference towards the environment-friendly packaging materials, and the increasing demand for these packaging materials from retail outlets will fuel the market’s growth. Moreover, the market is also driven by the growing inclination of various economies towards the globalization of trade. a number of developing and developed economies are expected to contribute attractive share to the global revenue. North America and Europe are anticipated to be potentially lucrative regional markets, with the growth driven by large technological advancements in manufacturing processes. Asia Pacific is expected to be a promising region, with burgeoning demand attributed to the rising adoption of recyclable materials in the food and beverages packaging sector.
The Global Info Research report includes an overview of the development of the Biodegradable Packaging Materials industry chain, the market status of Food Packaging (Corrugated Board, Flexible Paper), Beverage Packaging (Corrugated Board, Flexible Paper), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Biodegradable Packaging Materials.
Regionally, the report analyzes the Biodegradable Packaging Materials markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Biodegradable Packaging Materials market, with robust domestic demand, supportive policies, and a strong manufacturing base.
Key Features:
The report presents comprehensive understanding of the Biodegradable Packaging Materials market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Biodegradable Packaging Materials industry.
The report involves analyzing the market at a macro level:
Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K Sqm), revenue generated, and market share of different by Type (e.g., Corrugated Board, Flexible Paper).
Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Biodegradable Packaging Materials market.
Regional Analysis: The report involves examining the Biodegradable Packaging Materials market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.
Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Biodegradable Packaging Materials market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.
The report also involves a more granular approach to Biodegradable Packaging Materials:
Company Analysis: Report covers individual Biodegradable Packaging Materials manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.
Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Biodegradable Packaging Materials This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Food Packaging, Beverage Packaging).
Technology Analysis: Report covers specific technologies relevant to Biodegradable Packaging Materials. It assesses the current state, advancements, and potential future developments in Biodegradable Packaging Materials areas.
Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Biodegradable Packaging Materials market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.
Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.
Market Segmentation
Biodegradable Packaging Materials market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.
Market segment by Type
Corrugated Board
Flexible Paper
Boxboard
Market segment by Application
Food Packaging
Beverage Packaging
Electronic Packaging
Major players covered
BASF
International Paper
Mondi
Smurfit Kappa
Stora Enso
Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)
The content of the study subjects, includes a total of 15 chapters:
Chapter 1, to describe Biodegradable Packaging Materials product scope, market overview, market estimation caveats and base year.
Chapter 2, to profile the top manufacturers of Biodegradable Packaging Materials, with price, sales, revenue and global market share of Biodegradable Packaging Materials from 2019 to 2024.
Chapter 3, the Biodegradable Packaging Materials competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.
Chapter 4, the Biodegradable Packaging Materials breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.
Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.
Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Biodegradable Packaging Materials market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.
Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.
Chapter 13, the key raw materials and key suppliers, and industry chain of Biodegradable Packaging Materials.
Chapter 14 and 15, to describe Biodegradable Packaging Materials sales channel, distributors, customers, research findings and conclusion.
Summary:
Get latest Market Research Reports on Biodegradable Packaging Materials. Industry analysis & Market Report on Biodegradable Packaging Materials is a syndicated market report, published as Global Biodegradable Packaging Materials Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030. It is complete Research Study and Industry Analysis of Biodegradable Packaging Materials market, to understand, Market Demand, Growth, trends analysis and Factor Influencing market.