Market Overview:
The global earth friendly plastic bags 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. Based on type, PLA accounted for a major share of the global earth friendly plastic bags market in 2017. This can be attributed to its properties such as biodegradability and compostability.
Product Definition:
Earth-friendly bags are made of natural materials such as cotton, jute, or hemp and are biodegradable.
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 polymers in packaging applications owing to its superior physical properties and performance characteristics.
Polyhydroxyalkanoate (PHA):
PHA consists of two parts, namely the backbone and side chains. The backbone consists of six-carbon chains called aliphatic chain and the side chains are composed of three-carbon rings called aromatic ring.
Application Insights:
Food packaging and industrial packaging are the major application segments. Food packaging dominated the overall market in terms of revenue share at over 40% in 2017. Earth friendly plastics are replacing traditional materials such as polyethylene terephthalate (PET) and polystyrene (PS) due to their adverse effects on environment and human health.
PLA is one of the most widely used materials for food container manufacturing owing to its properties such as high biodegradability, low toxicity, high flexibility, excellent transparency & opacity ratio & better aesthetic appeal than other plastics used for food containers such as PET or PS.
The convenient for shopping segment is expected to grow at a CAGR of XX% from 2018 to 2030 owingto increasing consumer preference towards using bags that are both convenient.
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 regions with CAGR exceeding 7% from 2018 to 2030 owing to increasing demand for convenient packaging solutions from major application sectors such as food & beverage industry and retail sector especially in Germany, U.K.
Growth Factors:
- Increasing awareness about the benefits of using earth friendly plastic bags over conventional plastic bags.
- Government initiatives and regulations promoting the use of earth friendly plastic bags.
- Rising consumer demand for environment-friendly products across all sectors
Scope Of The Report
Report Attributes
Report Details
Report Title
Earth 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, 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
229
Number of Tables & Figures
161
Customization Available
Yes, the report can be customized as per your need.
Global Earth Friendly Plastic Bags Market Report Segments:
The global Earth 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
- 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 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 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?
Earth Friendly Plastic Bags are made from a renewable resource, such as corn or sugarcane. They are also recyclable and have a low environmental impact.
Some of the major players in the earth friendly plastic bags 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 market is expected to grow at a compound annual growth rate of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Earth 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 Earth Friendly Plastic Bags Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Earth 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 Earth 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 Earth Friendly Plastic Bags Market Size & Forecast, 2018-2028
4.5.1 Earth Friendly Plastic Bags Market Size and Y-o-Y Growth
4.5.2 Earth Friendly Plastic Bags Market Absolute $ Opportunity
Chapter 5 Global Earth 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 Earth 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 Earth 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 Earth Friendly Plastic Bags 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 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 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 Analysis and Forecast
9.1 Introduction
9.2 North America Earth 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 Earth 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 Earth Friendly Plastic Bags 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 Analysis and Forecast
10.1 Introduction
10.2 Europe Earth 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 Earth 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 Earth Friendly Plastic Bags 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 Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Earth 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 Earth 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 Earth Friendly Plastic Bags 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 Analysis and Forecast
12.1 Introduction
12.2 Latin America Earth 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 Earth 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 Earth Friendly Plastic Bags 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 Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Earth 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) Earth 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) Earth Friendly Plastic Bags 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 Market: Competitive Dashboard
14.2 Global Earth Friendly Plastic Bags 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
