Market Overview:
The global biodegradable paper and plastic packaging market is expected to grow at a CAGR of 9.5% 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 paper and plastic packaging from food, beverage, pharmaceuticals, personal care, and other industries is also contributing to the growth of this market. Based on type, the global biodegradable paper and plastic packaging market can be segmented into biodegradable plastic packaging and biodegradable paper packaging. Biodegradable plastics are made up of natural materials such as starch or cellulose that can be broken down by microorganisms into simple molecules such as water vapor, carbon dioxide gas, methane gas (a greenhouse gas), or biomass. On the other hand, biodegradable papers are made up of plant-based materials that can decompose within a short time frame when exposed to moisture and oxygen present in air. Based on application, the global biodegradable paper and plastic packaging market can be segmented into food packing , beverage packing , pharmaceuticals packing , personal & home care packing ,and others . The food industry is expected to account for a major share of this market due to rising consumer awareness about healthy eating habits coupled with stringent regulations regarding food safety across various countries .
Product Definition:
Biodegradable paper and plastic packaging are materials made from renewable resources that can be broken down by microorganisms into simple, environmentally friendly compounds. They are important because they reduce the amount of waste that ends up in landfills and waterways.
Biodegradable Plastic Packaging:
Biodegradable plastic packaging is a type of packaging material that degrades or decomposes when placed in soil or under the influence of sunlight. The process generally takes place through microorganisms such as bacteria and fungi, which break down the polymer resin into carbon dioxide, water, and other end products.
The global biodegradable plastic packaging market size was estimated at USD 3.62 billion in 2015.
Biodegradable Paper Packaging:
Biodegradable paper packaging is made from materials that can naturally break down or biodegrade in less than a year. The material used to make the packaging should not have any adverse effect on the environment when it is no longer needed. Biodegradable plastics are usually derived from natural sources such as starch, cellulose, and lactic acid.
Application Insights:
The food packaging segment led the global biodegradable paper & plastic packaging 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 healthy lifestyle practices, coupled with an increase in spending on organic foods and beverages.
The beverage packaging segment followed the food segment and accounted for more than 11% share of the overall revenue in 2017. Growing demand for packaged drinking water, carbonated soft drinks (CSD), energy drinks, alcoholic beverages, juices among other packaged beverages is expected to drive growth over the forecast period.
Pharmaceuticals are anticipated to be one of the fastest-growing application segments owing to increasing healthcare expenditure worldwide as well as regulatory initiatives encouraging usage of biodegradable products within pharmaceutical industry.
Regional Analysis:
Asia Pacific dominated the global market in 2017. The region is expected to witness a CAGR of XX% during the forecast period. Increasing disposable income and growing population have spurred product demand in this region, which has resulted in an increased production of biodegradable packaging materials. Moreover, shifting consumer preference for eco-friendly products is anticipated to drive regional growth over the coming years.
Europe accounted for more than 25% share of global revenue in 2017 owing to stringent regulations regarding waste management and protection from marine pollution as well as land pollution introduced by EU5 (Ungermanlande, Belgium, Luxembourg, Netherlands) member states under Marine Strategy Framework Directive (MSFD). This regulatory scenario is projected to provide a positive impact on industry growth over the forecast period.
Growth Factors:
- Increasing demand for biodegradable and compostable packaging from consumers and retailers alike
- Government regulations and incentives favoring the use of biodegradable materials over traditional plastics
- Advances in technology that make manufacturing biodegradable packaging more cost-effective
- Growing public awareness of the environmental impact of conventional packaging materials
- Corporate social responsibility initiatives encouraging the use of sustainable packaging
Scope Of The Report
Report Attributes
Report Details
Report Title
Biodegradable Paper & Plastic Packaging Market Research Report
By Type
Biodegradable Plastic Packaging, Biodegradable Paper Packaging
By Application
Food Packaging, Beverage Packaging, Pharmaceuticals Packaging, Personal & Home Care Packaging, Others
By Companies
International Paper, BASF, Mondi, Stora Enso, Smurfit Kappa, RockTenn, International Paper
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
212
Number of Tables & Figures
149
Customization Available
Yes, the report can be customized as per your need.
Global Biodegradable Paper & Plastic Packaging Market Report Segments:
The global Biodegradable Paper & Plastic Packaging market is segmented on the basis of:
Types
Biodegradable Plastic Packaging, Biodegradable Paper Packaging
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, Beverage Packaging, Pharmaceuticals Packaging, Personal & Home Care Packaging, 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:
- International Paper
- BASF
- Mondi
- Stora Enso
- Smurfit Kappa
- RockTenn
- International Paper
Highlights of The Biodegradable Paper & Plastic Packaging 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:
- Biodegradable Plastic Packaging
- Biodegradable Paper Packaging
- By Application:
- Food Packaging
- Beverage Packaging
- Pharmaceuticals Packaging
- Personal & Home Care Packaging
- 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 Paper & Plastic Packaging 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 packaging is made from materials that can break down into harmless byproducts in the environment. This means that the packaging can be composted or recycled, reducing environmental waste and helping to protect natural resources.
Some of the major players in the biodegradable paper & plastic packaging market are International Paper, BASF, Mondi, Stora Enso, Smurfit Kappa, RockTenn, International Paper.
The biodegradable paper & plastic packaging market is expected to register a CAGR of 9.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Biodegradable Paper & Plastic Packaging 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 Paper & Plastic Packaging Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Biodegradable Paper & Plastic Packaging 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 Paper & Plastic Packaging 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 Paper & Plastic Packaging Market Size & Forecast, 2020-2028
4.5.1 Biodegradable Paper & Plastic Packaging Market Size and Y-o-Y Growth
4.5.2 Biodegradable Paper & Plastic Packaging 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 Biodegradable Plastic Packaging
5.2.2 Biodegradable Paper Packaging
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 Food Packaging
6.2.2 Beverage Packaging
6.2.3 Pharmaceuticals Packaging
6.2.4 Personal & Home Care Packaging
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Biodegradable Paper & Plastic Packaging 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 Paper & Plastic Packaging 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 Biodegradable Plastic Packaging
9.6.2 Biodegradable Paper Packaging
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 Food Packaging
9.10.2 Beverage Packaging
9.10.3 Pharmaceuticals Packaging
9.10.4 Personal & Home Care Packaging
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 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 Biodegradable Plastic Packaging
10.6.2 Biodegradable Paper Packaging
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 Food Packaging
10.10.2 Beverage Packaging
10.10.3 Pharmaceuticals Packaging
10.10.4 Personal & Home Care Packaging
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 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 Biodegradable Plastic Packaging
11.6.2 Biodegradable Paper Packaging
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 Food Packaging
11.10.2 Beverage Packaging
11.10.3 Pharmaceuticals Packaging
11.10.4 Personal & Home Care Packaging
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 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 Biodegradable Plastic Packaging
12.6.2 Biodegradable Paper Packaging
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 Food Packaging
12.10.2 Beverage Packaging
12.10.3 Pharmaceuticals Packaging
12.10.4 Personal & Home Care Packaging
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) 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 Biodegradable Plastic Packaging
13.6.2 Biodegradable Paper Packaging
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 Food Packaging
13.10.2 Beverage Packaging
13.10.3 Pharmaceuticals Packaging
13.10.4 Personal & Home Care Packaging
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 Paper & Plastic Packaging Market: Competitive Dashboard
14.2 Global Biodegradable Paper & Plastic Packaging Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 International Paper
14.3.2 BASF
14.3.3 Mondi
14.3.4 Stora Enso
14.3.5 Smurfit Kappa
14.3.6 RockTenn
14.3.7 International Paper
