Market Overview:
The global biodegradable eco-friendly plastic bags market is expected to grow at a CAGR of XX% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing awareness about the benefits of using biodegradable eco-friendly plastic bags over traditional non-biodegradable plastic bags. These benefits include reducing environmental pollution, conserving energy and resources, and reducing greenhouse gas emissions. On the basis of application, it is segmented into food packaging, industrial packaging, convenient for shopping, garbage containing, and others.
Product Definition:
A biodegradable eco-friendly plastic bag is made of materials that can be broken down by microorganisms into natural elements. These bags are important because they reduce the amount of waste in landfills, and they can be recycled into new products.
Polylactic Acid (PLA):
Polylactic Acid (PLA) is a biodegradable, thermoplastic polymer derived from renewable resources. It has a high melting point and good mechanical properties making it suitable for use in various applications. PLA can be used as an alternative to PET, HDPE and other conventional plastics on account of its superior physical attributes such as low water absorption, higher strength & stiffness and better impact resistance among others.
Polyhydroxyalkanoate (PHA):
It has the ability to degrade in the environment into harmless components within a few months of its disposal. PHA offers several environmental benefits over conventional plastics such as lower carbon emissions during its manufacturing and use, higher moisture tolerance, easier break down for recycling into other components by bacteria present in the soil or aquatic systems.
Application Insights:
The food packaging application segment led the global biodegradable eco-friendly plastic bags market in 2017 and is projected to expand at a CAGR of XX% over the forecast period. The growth can be attributed to rising awareness among consumers regarding sustainable production of food products coupled with increasing demand for packaged foods.
Increasing disposable income levels, particularly in emerging economies such as China, India, Brazil and Mexico has resulted in increased spending on food products thereby driving the industry growth over the coming years. Other applications include industrial packaging and convenient for shopping bags which are further classified into household product applications or non-household product applications respectively including retail stores, big box retailers (e.g., Target Corporation), warehouse clubs (e.g., Costco Wholesale Corporation), online retailing companies (e.g., Amazon) or others that offer similar services pertaining to grocery shopping etcetera).
Regional Analysis:
Asia Pacific dominated the global market in 2017 owing to increasing demand from various end-use industries, such as food & beverage and industrial packaging. The region is projected to continue its dominance over the forecast period due to rising disposable income levels and growing population. China is expected to remain a key consumer of biodegradable eco-friendly plastic bags on account of rapid industrialization along with an increase in per capita spending capacity among consumers.
Europe accounted for more than 25% share of the overall revenue in 2017 owing to stringent regulations imposed by governments across European countries regarding waste disposal methods, which has resulted into increased demand for biodegradable eco-friendly plastic bags as garbage containment solutions. North America also holds a significant share within the global industry due to high consumption from grocery stores and retail chains on account of high consumer awareness towards environment protection issues coupled with strict government regulations about waste management practices leading toward increased consumption rates for these products globally.
Growth Factors:
- Increasing awareness about the benefits of biodegradable eco-friendly plastic bags over conventional plastic bags.
- Government initiatives and regulations promoting the use of biodegradable eco-friendly plastic bags.
- Rising demand from retail sector for biodegradable eco-friendly plastic bags as a replacement for conventional polyethylene terephthalate (PET) based shopping bags.
- Growing popularity of composting as a waste management technique, which helps in degradation of biodegradable eco-friendly plastic bags faster than traditional landfill disposal methods.
Scope Of The Report
Report Attributes
Report Details
Report Title
Biodegradable Eco-friendly Plastic Bags Market Research Report
By Type
Polylactic Acid (PLA), Polyhydroxyalkanoate (PHA), Starch Blends, Others
By Application
Food Packaging, Industrial Packaging, Convenient for Shopping, Garbage Containing, Others
By Companies
BioBag, Walki Plastiroll Oy, RKW Group, Jiangsu Torise biomaterials, JUNER Plastic packaging, Chnpack, Symphony Polymers, EnviGreen, XCBIO, Polybags, BioBag, Scanlux Packaging
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
156
Number of Tables & Figures
110
Customization Available
Yes, the report can be customized as per your need.
Global Biodegradable Eco-friendly Plastic Bags Market Report Segments:
The global Biodegradable Eco-friendly Plastic Bags market is segmented on the basis of:
Types
Polylactic Acid (PLA), Polyhydroxyalkanoate (PHA), Starch Blends, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Food Packaging, Industrial Packaging, Convenient for Shopping, Garbage Containing, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- BioBag
- Walki Plastiroll Oy
- RKW Group
- Jiangsu Torise biomaterials
- JUNER Plastic packaging
- Chnpack
- Symphony Polymers
- EnviGreen
- XCBIO
- Polybags
- BioBag
- Scanlux Packaging
Highlights of The Biodegradable Eco-friendly Plastic Bags Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Polylactic Acid (PLA)
- Polyhydroxyalkanoate (PHA)
- Starch Blends
- Others
- By Application:
- Food Packaging
- Industrial Packaging
- Convenient for Shopping
- Garbage Containing
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Biodegradable Eco-friendly Plastic Bags Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Biodegradable eco-friendly plastic bags are made from natural or renewable resources and can be composted. They are often made of corn, wheat, or sugarcane materials.
Some of the major players in the biodegradable eco-friendly plastic bags market are BioBag, Walki Plastiroll Oy, RKW Group, Jiangsu Torise biomaterials, JUNER Plastic packaging, Chnpack, Symphony Polymers, EnviGreen, XCBIO, Polybags, BioBag, Scanlux Packaging.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Biodegradable Eco-friendly Plastic Bags Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Biodegradable Eco-friendly Plastic Bags Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Biodegradable Eco-friendly Plastic Bags Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Biodegradable Eco-friendly Plastic Bags Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Biodegradable Eco-friendly Plastic Bags Market Size & Forecast, 2018-2028
4.5.1 Biodegradable Eco-friendly Plastic Bags Market Size and Y-o-Y Growth
4.5.2 Biodegradable Eco-friendly Plastic Bags Market Absolute $ Opportunity
Chapter 5 Global Biodegradable Eco-friendly Plastic Bags Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Biodegradable Eco-friendly Plastic Bags Market Size Forecast by Type
5.2.1 Polylactic Acid (PLA)
5.2.2 Polyhydroxyalkanoate (PHA)
5.2.3 Starch Blends
5.2.4 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Biodegradable Eco-friendly Plastic Bags Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Biodegradable Eco-friendly Plastic Bags Market Size Forecast by Applications
6.2.1 Food Packaging
6.2.2 Industrial Packaging
6.2.3 Convenient for Shopping
6.2.4 Garbage Containing
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Biodegradable Eco-friendly Plastic Bags Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Biodegradable Eco-friendly Plastic Bags Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Biodegradable Eco-friendly Plastic Bags Analysis and Forecast
9.1 Introduction
9.2 North America Biodegradable Eco-friendly Plastic Bags Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Biodegradable Eco-friendly Plastic Bags Market Size Forecast by Type
9.6.1 Polylactic Acid (PLA)
9.6.2 Polyhydroxyalkanoate (PHA)
9.6.3 Starch Blends
9.6.4 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Biodegradable Eco-friendly Plastic Bags Market Size Forecast by Applications
9.10.1 Food Packaging
9.10.2 Industrial Packaging
9.10.3 Convenient for Shopping
9.10.4 Garbage Containing
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Biodegradable Eco-friendly Plastic Bags Analysis and Forecast
10.1 Introduction
10.2 Europe Biodegradable Eco-friendly Plastic Bags Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Biodegradable Eco-friendly Plastic Bags Market Size Forecast by Type
10.6.1 Polylactic Acid (PLA)
10.6.2 Polyhydroxyalkanoate (PHA)
10.6.3 Starch Blends
10.6.4 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Biodegradable Eco-friendly Plastic Bags Market Size Forecast by Applications
10.10.1 Food Packaging
10.10.2 Industrial Packaging
10.10.3 Convenient for Shopping
10.10.4 Garbage Containing
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Biodegradable Eco-friendly Plastic Bags Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Biodegradable Eco-friendly Plastic Bags Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Biodegradable Eco-friendly Plastic Bags Market Size Forecast by Type
11.6.1 Polylactic Acid (PLA)
11.6.2 Polyhydroxyalkanoate (PHA)
11.6.3 Starch Blends
11.6.4 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Biodegradable Eco-friendly Plastic Bags Market Size Forecast by Applications
11.10.1 Food Packaging
11.10.2 Industrial Packaging
11.10.3 Convenient for Shopping
11.10.4 Garbage Containing
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Biodegradable Eco-friendly Plastic Bags Analysis and Forecast
12.1 Introduction
12.2 Latin America Biodegradable Eco-friendly Plastic Bags Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Biodegradable Eco-friendly Plastic Bags Market Size Forecast by Type
12.6.1 Polylactic Acid (PLA)
12.6.2 Polyhydroxyalkanoate (PHA)
12.6.3 Starch Blends
12.6.4 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Biodegradable Eco-friendly Plastic Bags Market Size Forecast by Applications
12.10.1 Food Packaging
12.10.2 Industrial Packaging
12.10.3 Convenient for Shopping
12.10.4 Garbage Containing
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Biodegradable Eco-friendly Plastic Bags Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Biodegradable Eco-friendly Plastic Bags Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Biodegradable Eco-friendly Plastic Bags Market Size Forecast by Type
13.6.1 Polylactic Acid (PLA)
13.6.2 Polyhydroxyalkanoate (PHA)
13.6.3 Starch Blends
13.6.4 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Biodegradable Eco-friendly Plastic Bags Market Size Forecast by Applications
13.10.1 Food Packaging
13.10.2 Industrial Packaging
13.10.3 Convenient for Shopping
13.10.4 Garbage Containing
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Biodegradable Eco-friendly Plastic Bags Market: Competitive Dashboard
14.2 Global Biodegradable Eco-friendly Plastic Bags Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BioBag
14.3.2 Walki Plastiroll Oy
14.3.3 RKW Group
14.3.4 Jiangsu Torise biomaterials
14.3.5 JUNER Plastic packaging
14.3.6 Chnpack
14.3.7 Symphony Polymers
14.3.8 EnviGreen
14.3.9 XCBIO
14.3.10 Polybags
14.3.11 BioBag
14.3.12 Scanlux Packaging
