Market Overview:
The global earth friendly plastic bags and sacks market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The market growth can be attributed to the increasing awareness about environmental concerns and the need for sustainable packaging solutions. In addition, the growing demand for biodegradable and compostable bags is also propelling the growth of this market. PLA is expected to account for a major share of this market in terms of revenue owing to its properties such as biodegradability and compostability. Based on application, food packaging & industrial packaging accounted for a major share of this market in 2017.
Product Definition:
An earth friendly plastic bag is made from biodegradable materials and is compostable. It will break down in a landfill within 180 days.
Polylactic acid (PLA):
Polylactic acid (PLA) is a biodegradable polymer, produced from renewable resources such as corn starch and sugar. It has the potential to replace petroleum-based plastics on account of its superior physical properties. PLA offers several environmental benefits over other conventional plastics including high strength, better clarity, and low moisture absorption.
Polyhydroxyalkanoate (PHA):
The most common form found in nature is PHA that occurs in fungi and bacteria.
Application Insights:
Food packaging and industrial packaging are the major application segments. Food packaging dominated the overall market in terms of revenue share in 2017, owing to increasing demand for natural and organic food products across various regions. Moreover, growing awareness regarding sustainable development is driving manufacturers to develop eco-friendly solutions while manufacturing food containers that are convenient for shopping.
The others segment includes pet care product applications such as animal feed bags and laundry detergent pouches among others. These products have gained popularity due to their ability to cater efficiently with less material consumption than conventional plastic bags or sacks of other materials such as paper, cotton etc., thereby reducing environmental impact on earth significantly over traditional counterparts.
Increasing consumer preference towards convenience goods including snacks.
Regional Analysis:
Asia Pacific dominated the global market in 2017 and is expected to continue its dominance over the forecast period. The region has a large number of manufacturers, which makes it an attractive regional market for investors. China, India, Japan and South Korea are some of the largest markets in Asia Pacific that have been experiencing strong economic growth over past few years.
Europe is anticipated to be one of the fastest-growing regional markets from 2018 to 2030 owing to increasing awareness about earth friendly plastics among consumers as well as manufacturers. Germany was one of the first countries where PLA products were introduced due to huge demand from customers looking for convenient packaging solutions with no VOC emissions or petroleum based products used during manufacturing process.
Growth Factors:
- Increasing demand from end-use industries: The global Earth Friendly Plastic Bags and Sacks market is projected to grow at a CAGR of 5.5% from 2017 to 2025, owing to the increasing demand from end-use industries such as food & beverage, retail, and pharmaceuticals.
- Rising environmental concerns: There is an increase in awareness among consumers about the harmful effects of using conventional plastic bags and sacks. This has led to an increase in demand for earth friendly alternatives such as biodegradable bags and sacks.
- Technological advancements: The development of innovative technologies that enable the production of biodegradable bags and sacks is expected to drive the growth of the global Earth Friendly Plastic Bags and Sacks market during the forecast period.
- Growing popularity of eco-friendly products: Consumers are increasingly preferring eco-friendly products over conventional ones due to their sustainability benefits. This is expected to boost demand for earth friendly plastic bags and sacks in the coming years.
Scope Of The Report
Report Attributes
Report Details
Report Title
Earth Friendly Plastic Bags and Sacks 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, Novolex, EnviGreen, BASF, Plastiroll, Sahachit, Xtex Polythene, RKW, Abbey Polythene, Sarah Bio Plast, BioBag, Symphony Polymers, Jiangsu Torise biomaterials, JUNER Plastic 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
215
Number of Tables & Figures
151
Customization Available
Yes, the report can be customized as per your need.
Global Earth Friendly Plastic Bags and Sacks Market Report Segments:
The global Earth Friendly Plastic Bags and Sacks 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
- Novolex
- EnviGreen
- BASF
- Plastiroll
- Sahachit
- Xtex Polythene
- RKW
- Abbey Polythene
- Sarah Bio Plast
- BioBag
- Symphony Polymers
- Jiangsu Torise biomaterials
- JUNER Plastic packaging
Highlights of The Earth Friendly Plastic Bags and Sacks 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 Earth Friendly Plastic Bags and Sacks 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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- Understanding Competition Scenario
- Product & Brand 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?
Earth Friendly Plastic Bags and Sacks are made from a renewable resource, such as corn or sugarcane. These bags and sacks are also biodegradable, so they can break down in the environment.
Some of the major companies in the earth friendly plastic bags and sacks market are BioBag, Novolex, EnviGreen, BASF, Plastiroll, Sahachit, Xtex Polythene, RKW, Abbey Polythene, Sarah Bio Plast, BioBag, Symphony Polymers, Jiangsu Torise biomaterials, JUNER Plastic packaging.
The earth friendly plastic bags and sacks market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Earth Friendly Plastic Bags and Sacks 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 Earth Friendly Plastic Bags and Sacks Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Earth Friendly Plastic Bags and Sacks 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 Earth Friendly Plastic Bags and Sacks 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 Earth Friendly Plastic Bags and Sacks Market Size & Forecast, 2018-2028
4.5.1 Earth Friendly Plastic Bags and Sacks Market Size and Y-o-Y Growth
4.5.2 Earth Friendly Plastic Bags and Sacks Market Absolute $ Opportunity
Chapter 5 Global Earth Friendly Plastic Bags and Sacks 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 Earth Friendly Plastic Bags and Sacks 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 Earth Friendly Plastic Bags and Sacks 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 Earth Friendly Plastic Bags and Sacks Market Size Forecast by Applications
6.2.1 Food Packaging & Industrial Packaging
6.2.2 Convenient for Shopping
6.2.3 Garbage Containing
6.2.4 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Earth Friendly Plastic Bags and Sacks 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 Earth Friendly Plastic Bags and Sacks 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 Earth Friendly Plastic Bags and Sacks Analysis and Forecast
9.1 Introduction
9.2 North America Earth Friendly Plastic Bags and Sacks 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 Earth Friendly Plastic Bags and Sacks 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 Earth Friendly Plastic Bags and Sacks Market Size Forecast by Applications
9.10.1 Food Packaging & Industrial Packaging
9.10.2 Convenient for Shopping
9.10.3 Garbage Containing
9.10.4 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 Earth Friendly Plastic Bags and Sacks Analysis and Forecast
10.1 Introduction
10.2 Europe Earth Friendly Plastic Bags and Sacks 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 Earth Friendly Plastic Bags and Sacks 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 Earth Friendly Plastic Bags and Sacks Market Size Forecast by Applications
10.10.1 Food Packaging & Industrial Packaging
10.10.2 Convenient for Shopping
10.10.3 Garbage Containing
10.10.4 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 Earth Friendly Plastic Bags and Sacks Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Earth Friendly Plastic Bags and Sacks 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 Earth Friendly Plastic Bags and Sacks 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 Earth Friendly Plastic Bags and Sacks Market Size Forecast by Applications
11.10.1 Food Packaging & Industrial Packaging
11.10.2 Convenient for Shopping
11.10.3 Garbage Containing
11.10.4 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 Earth Friendly Plastic Bags and Sacks Analysis and Forecast
12.1 Introduction
12.2 Latin America Earth Friendly Plastic Bags and Sacks 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 Earth Friendly Plastic Bags and Sacks 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 Earth Friendly Plastic Bags and Sacks Market Size Forecast by Applications
12.10.1 Food Packaging & Industrial Packaging
12.10.2 Convenient for Shopping
12.10.3 Garbage Containing
12.10.4 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) Earth Friendly Plastic Bags and Sacks Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Earth Friendly Plastic Bags and Sacks 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) Earth Friendly Plastic Bags and Sacks 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) Earth Friendly Plastic Bags and Sacks Market Size Forecast by Applications
13.10.1 Food Packaging & Industrial Packaging
13.10.2 Convenient for Shopping
13.10.3 Garbage Containing
13.10.4 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 Earth Friendly Plastic Bags and Sacks Market: Competitive Dashboard
14.2 Global Earth Friendly Plastic Bags and Sacks Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 BioBag
14.3.2 Novolex
14.3.3 EnviGreen
14.3.4 BASF
14.3.5 Plastiroll
14.3.6 Sahachit
14.3.7 Xtex Polythene
14.3.8 RKW
14.3.9 Abbey Polythene
14.3.10 Sarah Bio Plast
14.3.11 BioBag
14.3.12 Symphony Polymers
14.3.13 Jiangsu Torise biomaterials
14.3.14 JUNER Plastic packaging
