Market Overview:
The global biodegradable packing peanuts 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 environmental concerns and the need for sustainable packaging solutions. In addition, the growing demand for biodegradable packing peanuts from end-use industries such as automotive and medical is also contributing to the growth of this market. Based on type, wheat starch biodegradable packing peanuts are expected to account for a major share of the global biodegradable packing peanuts market during the forecast period. This can be attributed to their high stability and compatibility with various types of packaging materials. Corn starch based packing peanuts are also projected to witness significant growth during the forecast period, owing to their low price and easy availability compared with other types of bio-based packaging materials. Based on application, automotive industry is expected to account for a major share of the global biodegradable packing peanuts market during 2018-2030. This can be attributed due rising demand from OEMs across regions for ecofriendly packaging solutions that reduce environmental impact.
Product Definition:
Biodegradable packing peanuts are made of a biodegradable material that will decompose over time. This is important for two reasons. First, it helps keep the environment clean by breaking down and not creating waste that sits in landfills for years. Second, it helps protect fragile items during shipping since the packing peanuts will break down and not cause any damage.
Wheat Starch Biodegradable Packing Peanuts:
Wheat starch biodegradable packing peanuts are used for the packaging of food products in order to extend the shelf life. Wheat starch is a highly branched-chain type of polysaccharide and is produced by grinding wheat seeds. It has high amylose content which makes it more crystalline and offers excellent water binding properties, thermal stability, gas barrier ability and low viscosity.
Corn Starch Biodegradable Packing Peanuts:
Corn starch is a carbohydrate extracted from the endosperm of corn seeds. It is used as an adhesive and thickening agent in food products such as meat snacks, cheese, bakery items, frozen foods and soups. The demand for corn starch biodegradable packing peanuts has been increasing on account of its eco-friendly nature which makes it suitable to be used in disposable consumer goods packaging.
Application Insights:
The automotive industry was the largest application segment and accounted for more than 40% of the revenue share in 2015. The biodegradable packing peanuts are widely used in various automotive applications such as engine compartment, transmission, cabin air filters, fuel cells, and brake pads.
Biodegradable packing peanuts find their usage limited to certain extent in medical industry due to high cost associated with it. However; they are replacing traditional plastic foams owing to their non-toxicity towards humans and environment along with ease of processing & storage which is expected to drive demand over the forecast period. Increasing use of biopackaging materials that can be decomposed by microorganisms is expected to open new avenues for degradable packaging products over the next few years which will further boost market growth during future period.
Regional Analysis:
Asia Pacific is expected to be the fastest-growing regional market at a CAGR of XX% from 2018 to 2030 owing to high product demand from the automotive and healthcare industries in countries such as China, India, Japan, and South Korea. In addition, rising disposable income coupled with an increasing population will drive growth over the forecast period.
Europe is also likely to witness significant growth due to stringent regulations by various regulatory bodies regarding sustainability in terms of material used for manufacturing packing peanuts. The European Union has imposed heavy penalties on companies that use non-biodegradable materials which have led manufacturers focus on using eco-friendly products for manufacturing packing peanuts which are biodegradable thus driving industry growth over the forecast period.
Growth Factors:
- Increasing demand for biodegradable packing peanuts from end-use industries, owing to the environmental benefits offered by these peanuts over traditional packing materials
- Rising awareness about the benefits of using biodegradable packing peanuts among consumers
- Proliferation of e-commerce and online retailing platforms, which is aiding in the growth of the global biodegradable packing peanuts market
- Growing investments by key players in research and development activities to develop innovative products that can cater to the needs of different end-use industries
- Stringent regulations pertaining to conventional packaging materials that are encouraging the use of biodegradable packing peanuts
Scope Of The Report
Report Attributes
Report Details
Report Title
Biodegradable Packing Peanuts Market Research Report
By Type
Wheat Starch Biodegradable Packing Peanuts, Corn Starch Biodegradable Packing Peanuts, Others
By Application
Automotive Industry, Medicall Industry, Others
By Companies
President Container, Puffy Stuff, Storopack Hans Reichenecker, Sealed Air, AP Packaging, Foam Fabricators, Heritage Pioneer Corporate Group, Void Fill Packaging, ACH Foam Technologies, Puffy Stuff, FP International
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
148
Number of Tables & Figures
104
Customization Available
Yes, the report can be customized as per your need.
Global Biodegradable Packing Peanuts Market Report Segments:
The global Biodegradable Packing Peanuts market is segmented on the basis of:
Types
Wheat Starch Biodegradable Packing Peanuts, Corn Starch Biodegradable Packing Peanuts, 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
Automotive Industry, Medicall Industry, 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:
- President Container
- Puffy Stuff
- Storopack Hans Reichenecker
- Sealed Air
- AP Packaging
- Foam Fabricators
- Heritage Pioneer Corporate Group
- Void Fill Packaging
- ACH Foam Technologies
- Puffy Stuff
- FP International
Highlights of The Biodegradable Packing Peanuts 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:
- Wheat Starch Biodegradable Packing Peanuts
- Corn Starch Biodegradable Packing Peanuts
- Others
- By Application:
- Automotive Industry
- Medicall Industry
- 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 Packing Peanuts 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
- Business Expansion Strategies
- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
- Channel & Customer Management
- Identifying Appropriate Advertising Appeals
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 packing peanuts are made from plant-based materials that break down in the environment. This means they can be disposed of without harming the environment or wildlife.
Some of the major players in the biodegradable packing peanuts market are President Container, Puffy Stuff, Storopack Hans Reichenecker, Sealed Air, AP Packaging, Foam Fabricators, Heritage Pioneer Corporate Group, Void Fill Packaging, ACH Foam Technologies, Puffy Stuff, FP International.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Biodegradable Packing Peanuts 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 Packing Peanuts Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Biodegradable Packing Peanuts 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 Packing Peanuts 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 Packing Peanuts Market Size & Forecast, 2020-2028
4.5.1 Biodegradable Packing Peanuts Market Size and Y-o-Y Growth
4.5.2 Biodegradable Packing Peanuts Market Absolute $ Opportunity
Chapter 5 Global 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 Market Size Forecast by Type
5.2.1 Wheat Starch Biodegradable Packing Peanuts
5.2.2 Corn Starch Biodegradable Packing Peanuts
5.2.3 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global 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 Market Size Forecast by Applications
6.2.1 Automotive Industry
6.2.2 Medicall Industry
6.2.3 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Biodegradable Packing Peanuts 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 Packing Peanuts 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 Analysis and Forecast
9.1 Introduction
9.2 North America 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 Market Size Forecast by Type
9.6.1 Wheat Starch Biodegradable Packing Peanuts
9.6.2 Corn Starch Biodegradable Packing Peanuts
9.6.3 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 Market Size Forecast by Applications
9.10.1 Automotive Industry
9.10.2 Medicall Industry
9.10.3 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 Analysis and Forecast
10.1 Introduction
10.2 Europe 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 Market Size Forecast by Type
10.6.1 Wheat Starch Biodegradable Packing Peanuts
10.6.2 Corn Starch Biodegradable Packing Peanuts
10.6.3 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 Market Size Forecast by Applications
10.10.1 Automotive Industry
10.10.2 Medicall Industry
10.10.3 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific 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 Market Size Forecast by Type
11.6.1 Wheat Starch Biodegradable Packing Peanuts
11.6.2 Corn Starch Biodegradable Packing Peanuts
11.6.3 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 Market Size Forecast by Applications
11.10.1 Automotive Industry
11.10.2 Medicall Industry
11.10.3 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America 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 Market Size Forecast by Type
12.6.1 Wheat Starch Biodegradable Packing Peanuts
12.6.2 Corn Starch Biodegradable Packing Peanuts
12.6.3 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 Market Size Forecast by Applications
12.10.1 Automotive Industry
12.10.2 Medicall Industry
12.10.3 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) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) 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) Market Size Forecast by Type
13.6.1 Wheat Starch Biodegradable Packing Peanuts
13.6.2 Corn Starch Biodegradable Packing Peanuts
13.6.3 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) Market Size Forecast by Applications
13.10.1 Automotive Industry
13.10.2 Medicall Industry
13.10.3 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 Packing Peanuts Market: Competitive Dashboard
14.2 Global Biodegradable Packing Peanuts Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 President Container
14.3.2 Puffy Stuff
14.3.3 Storopack Hans Reichenecker
14.3.4 Sealed Air
14.3.5 AP Packaging
14.3.6 Foam Fabricators
14.3.7 Heritage Pioneer Corporate Group
14.3.8 Void Fill Packaging
14.3.9 ACH Foam Technologies
14.3.10 Puffy Stuff
14.3.11 FP International
