The biodegradable packaging is a natural and easily degradable protection method for packaging. There are various advantages of using biodegradable packaging which is not provided by the conventional non-biodegradable packaging.
Market Analysis and Insights: Global Biodegradable Paper and Plastic Packaging Market
Due to the COVID-19 pandemic, the global Biodegradable Paper and Plastic Packaging market size is estimated to be worth US$ million in 2022 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the review period. Fully considering the economic change by this health crisis, Paper accounting for % of the Biodegradable Paper and Plastic Packaging global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While Food & Beverage Packaging segment is altered to an % CAGR throughout this forecast period.
China Biodegradable Paper and Plastic Packaging market size is valued at US$ million in 2021, while the US and Europe Biodegradable Paper and Plastic Packaging are US$ million and US$ million, severally. The proportion of the US is % in 2021, while China and Europe are % and % respectively, and it is predicted that China proportion will reach % in 2028, trailing a CAGR of % through the analysis period. Japan, South Korea, and Southeast Asia are noteworthy markets in Asia, with CAGR %, %, and % respectively for the next 6-year period. As for the Europe Biodegradable Paper and Plastic Packaging landscape, Germany is projected to reach US$ million by 2028 trailing a CAGR of % over the forecast period.
The global key manufacturers of Biodegradable Paper and Plastic Packaging include Amcor, International Paper, Mondi, Smurfit Kappa, DS Smith, BagInCo International, Stora Enso, Reynolds Group and WestRock, etc. In 2021, the global top five players have a share approximately % in terms of revenue.
In terms of production side, this report researches the Biodegradable Paper and Plastic Packaging capacity, production, growth rate, market share by manufacturers and by region (region level and country level), from 2017 to 2022, and forecast to 2028.
In terms of sales side, this report focuses on the sales of Biodegradable Paper and Plastic Packaging by region (region level and country level), by company, by Type and by Application. from 2017 to 2022 and forecast to 2028.
Global Biodegradable Paper and Plastic Packaging Scope and Segment
Biodegradable Paper and Plastic Packaging market is segmented by Type and by Application. Players, stakeholders, and other participants in the global Biodegradable Paper and Plastic Packaging market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on production capacity, revenue and forecast by Type and by Application for the period 2017-2028.
Segment by Type
Paper
Plastic
Segment by Application
Food & Beverage Packaging
Personal and Home Care
Electronic Appliance
Electronics
Consumer Goods
Logistics
Other
By Company
Amcor
International Paper
Mondi
Smurfit Kappa
DS Smith
BagInCo International
Stora Enso
Reynolds Group
WestRock
Plascon Group
Bio-Eco
Production by Region
North America
Europe
China
Japan
Consumption by Region
North America
U.S.
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
Taiwan
Indonesia
Thailand
Malaysia
Philippines
Vietnam
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
U.A.E