The Business Research Company’s report on the Biodegradable Paper and Plastic Packaging 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 paper and plastic packaging market’s growth in recent years?
The rising preference for eco-friendly products is expected to propel the growth of the biodegradable paper and plastic packaging market going forward. Eco-friendly refers to products that are earth-friendly or not damaging to the environment. Customers increasingly prefer eco-friendly products for packaging due to environmental concerns, health and safety considerations, corporate social responsibility, and regulatory compliance. This eco-friendly packaging uses an eco-friendly product that uses alternative, recyclable or biodegradable materials. For instance, in March 2028, according to Blue Yonder, US-based a digital supply chain company, an impressive 69 percent of respondents indicated they would be willing to pay more for sustainable products, yet only 4 percent were open to paying 20 percent more. Additionally, 48 percent of respondents reported a heightened interest in sustainability over the past year. Therefore, the rising preference for eco-friendly products drives the growth of biodegradable paper and plastic packaging.
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How does the future projection of the biodegradable paper and plastic packaging market size compare to its historical growth?
The biodegradable paper and plastic packaging market size has grown strongly in recent years. It will grow from$12.97 billion in 2024 to $14.26 billion in 2025 at a compound annual growth rate (CAGR) of 10.0%. The growth in the historic period can be attributed to consumer demand for diverse products, cost efficiency and scalability, focus on core competencies, environmental concerns
The biodegradable paper and plastic packaging market size is expected to see rapid growth in the next few years. It will grow to “$21.85 billion in 2029 at a compound annual growth rate (CAGR) of 11.2%. The growth in the forecast period can be attributed to consumer preferences, corporate sustainability initiatives, increasing investments, collaborations and partnerships. Major trends in the forecast period include increasing environmental awareness, regulatory push for sustainability, innovation in biodegradable materials, shifting consumer preferences, technological advancements in production, collaborations and partnerships.
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Which key players are shaping the future of the biodegradable paper and plastic packaging market?
Major companies operating in the biodegradable paper and plastic packaging market include Riverside Paper Co Inc., SmartSolve Industries, Ultragreen, Tetra Pak Private Limited, Kruger Inc., Amcor PLC, Mondi plc, International Paper, Smurfit Kappa Group, WestRock Company, BASF SE, Stora Enso Oyj, Rock-Tenn Company, DS Smith plc, BagInCo International, Reynolds Group, Plastic Suppliers Inc., Huhtamaki Oyj, Innovia Films, Futamura Chemical Co. Ltd., NatureWorks LLC, Novamont S.p.A., Biopac UK Ltd., Vegware Ltd., Eco-Products Inc., Genpak LLC, Pactiv LLC, Be Green Packaging LLC, Green Century Enterprises Inc., BIO-ON S.p.A., TIPA Corp., Taghleef Industries
What trends will propel the growth and evolution of the biodegradable paper and plastic packaging market?
The increasing number of product innovations is a key trend gaining popularity in the biodegradable paper and plastic packaging market. Major market players are concentrating their efforts on creating innovative technologies such as biodegradable packaging (plant-based plastics), digital printing, edible packaging, compostable packaging, recyclable packaging, and the use of nanotechnology in packaging. For instance, in February 2023, ProAmpac, a US-based flexible packaging company, launched ProActive Recyclable Paper-1000, a new curbside recyclable paper-based packaging. It is specially made to be heat-sealable and has great directional tear qualities in addition to a good moisture barrier. It delivers high performance suited for frozen food applications and secondary packaging applications. It has optimum stiffness for enhanced shelf appearance and a very good moisture barrier.
Which regions are expected to become dominant players in the biodegradable paper and plastic packaging market?
Asia-Pacific was the largest region in the biodegradable paper and plastic packaging market in 2024. The regions covered in the biodegradable paper and plastic packaging 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 paper and plastic packaging market, and how are they evolving?
The biodegradable paper and plastic packaging market covered in this report is segmented –
1) By Type: Starch Based Plastic, Cellulose Based Plastic, Polylactic Acid (PLA), Polyhydroxyalkanoates (PHA), Other Types
2) By Material: Paper, Plastic
3) By Application: Beverage Packaging, Personal And Home Care Packaging, Electronic Appliance Packaging, Food Packaging, Pharmaceutical Packaging, Other Applications
Subsegments:
1) By Starch Based Plastic: Thermoplastic Starch (TPS), Starch Blends
2) By Cellulose Based Plastic: Cellulose Acetate, Cellulose Nitrate
3) By Polylactic Acid (PLA): Inherent Viscosity PLA, Low Molecular Weight PLA
4) By Polyhydroxyalkanoates (PHA): Short-Chain PHA, Medium-Chain PHA
5) By Other Types: Algae-Based Plastics, Protein-Based Plastics
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What defines the structure and scope of the biodegradable paper and plastic packaging market?
Biodegradable paper and plastic packaging refer to the form of packaging that will naturally disintegrate and decompose. Biodegradable packaging can minimize water use, solid waste, electricity consumption, and greenhouse gas emissions.
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