The Business Research Company’s report on the Biodegradable Packaging Materials Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the key drivers behind the biodegradable packaging materials market’s growth in recent years?
The increasing demand for sustainable packaging is expected to propel the growth of the biodegradable packaging materials market going forward. Sustainable packaging refers to eco-friendly materials and design practices that reduce environmental impact throughout a product’s lifecycle. It prioritizes recyclability, biodegradability, and reduced waste while maintaining functionality and protection for products. The rising demand for sustainable packaging is fueled by the growing awareness of plastic pollution, deforestation, and landfill waste, consumer preference for eco-friendly products, corporate sustainability initiatives, and long-term cost savings through lightweight, recyclable materials. Biodegradable packaging supports sustainable packaging by naturally breaking down into non-toxic components, reducing landfill waste and pollution. For instance, in April 2022, according to a report published by Trivium Packaging, a US-based company that produces sustainable metal packaging, around 86% of consumers were willing to pay more for sustainable packaging. Therefore, the increasing consumer demand for eco-friendly packaging solutions drives the growth of the biodegradable packaging materials market.
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How does the future projection of the biodegradable packaging materials market size compare to its historical growth?
The biodegradable packaging materials market size has grown strongly in recent years. It will grow from $111.65 billion in 2024 to $122.26 billion in 2025 at a compound annual growth rate (CAGR) of 9.5%. The growth in the historic period can be attributed to increasing demand from eco-conscious consumers, the growth of recyclable packaging, the rise of online food delivery services, the increasing use of recycled materials, and the rise in the growth of e-commerce.
The biodegradable packaging materials market size is expected to see strong growth in the next few years. It will grow to $173.45 billion in 2029 at a compound annual growth rate (CAGR) of 9.1%. The growth in the forecast period can be attributed to rising demand for bio-based materials, increasing consumer demand for eco-friendly products, increasing environmental concerns, increasing use of biodegradable packaging, and rising popularity of plant-based packaging. Major trends in the forecast period include the adoption of biodegradable packaging, innovation in packaging design, paper and cardboard innovations, adoption of eco-labels, and advances in recycling technologies.
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Which key players are shaping the future of the biodegradable packaging materials market?
Major companies operating in the biodegradable packaging materials market are BASF SE, Mitsubishi Chemical Corporation, Braskem S.A., Smurfit Kappa Group, Tetra Pak International S.A., Corbion Purac, Green Dot Bioplastics Inc., Dunapack Packaging, Danimer Scientific Inc., Fabbri Group S.p.A., Vegware Limited, Novamont S.p.A., Paptic Ltd., Biopacktech Co. Ltd., BioGreen Packaging, Teysha Technologies, Packware GmbH, TIPA LTD., Cardia Bioplastics Ltd., Futamura Group, Avani, Biome Bioplastics Limited
What trends will propel the growth and evolution of the biodegradable packaging materials market?
Major companies operating in the biodegradable packaging materials market are focusing on developing advanced solutions, such as a water-based barrier coating designed to enhance the durability of packaging while maintaining its eco-friendly properties. Water-based barrier coatings refer to eco-friendly coatings that protect against moisture, oils, and grease, prolonging shelf life and improving the functionality of biodegradable packaging. For instance, in March 2024, Archroma, a Switzerland-based chemicals company, launched Cartaseal OGB F10, a per- and poly-fluoroalkyl substances (PFAS)-free barrier coating designed for oil and grease resistance in food and non-food packaging. It contains bio-based raw materials that offer superior performance, maintaining their protective qualities even in folded applications while being biodegradable. Cartaseal OGB F10 provides several unique features that enhance its suitability for packaging applications. Firstly, it provides a superior barrier against oil and grease, ensuring the integrity and freshness of food and non-food products.
Which regions are expected to become dominant players in the biodegradable packaging materials market?
North America was the largest region in the biodegradable packaging materials market in 2024. The regions covered in the biodegradable packaging materials market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What are the emerging key segments in the biodegradable packaging materials market, and how are they evolving?
The biodegradable packaging materials market covered in this report is segmented –
1) By Material Type: Paper And Paperboards, Plastic, Jute, Wood
2) By Application: Trays, Bags, Boxes, Clamshells, Pouches
3) By End-Use Industries: Food And Beverages Industry, Cosmetics And Personal Care Products Industry, Pharmaceuticals Industry, Consumer Goods Industry
Subsegments:
1) By Paper and Paperboards: Kraft Paper, Corrugated Board, Boxboard And Carton Board
2) By Plastic: Polylactic Acid (PLA), Polyhydroxyalkanoates (PHA), Starch-Based Plastics, Cellulose-Based Plastics
3) By Jute: Hessian Jute Bags, Sacking Jute Bags, Jute Pouches
4) By Wood: Wooden Crates, Wooden Pallets, Bamboo Packaging
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How is the biodegradable packaging materials market defined?
Biodegradable packaging materials refer to materials that are designed to decompose naturally over time through the action of microorganisms such as bacteria, fungi, or algae. These materials are utilized across various industries as a more sustainable alternative to conventional plastics, helping to address environmental concerns related to waste and pollution.
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