Market Overview:
The global eco-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 the benefits of using eco-friendly plastic bags over conventional plastic bags. In addition, these bags are also reusable and recyclable which makes them an environment-friendly option for packaging applications. The food packaging application segment is expected to hold the largest share in the global eco-friendly plastic bag market during the forecast period owing to the growing demand for sustainable food packaging solutions across various end-use industries.
Product Definition:
Eco-friendly plastic bags are made up of biodegradable materials which can be decomposed easily. These bags are not harmful to the environment and do not release any toxic gases. Eco-friendly plastic bags are important for the environment as they do not cause any harm to it.
Polylactic acid (PLA):
Polylactic acid (PLA) is a bio-based polymer, produced from renewable resources such as corn starch and sugar. It has high mechanical strength, durability & transparency and excellent barrier properties against moisture & gases. PLA is used in the manufacturing of compostable plastic bags on account of its superior physical properties compared to other biodegradable plastics such as HDPE and polyethylene terephthalate (PET).
Polyhydroxyalkanoate (PHA):
PHA has the ability to degrade in the environment into carbon dioxide, water, and other products. It can be recycled several times without losing its biological activity.
Application Insights:
Food packaging emerged as the leading application segment and accounted for over 35.0% of the global market share in terms of revenue in 2017. Eco-friendly plastic bags are used for food packaging applications owing to their properties such as lightweight, flexibility, durability, and clarity which enhance product presentation and promote brand image. Furthermore, these bags are cheaper than paper or cotton cloths which further drives their demand from this sector.
The industrial packaging segment is expected to witness significant growth over the forecast period on account of increasing demand from various industries including pharmaceuticals & cosmetics, food & beverages processing etc., Rapid urbanization coupled with a growing number of manufacturing units has led to an increase in industrial production across developing countries like China India Indonesia Mexico Philippines South Africa Thailand Vietnam etc.
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 eco-friendly plastic bags. China is one of the largest producers and consumers of convenience for shopping products such as grocery bags, which are highly consumed in Asian countries due to their low cost as compared to paper or plastic alternatives.
Europe was another major consumer of convenience product packaging such as grocery bags that use eco-friendly plastics owing to their benefits over other materials including paper and plastic. Europe has stringent laws regarding waste disposal, where manufacturers are required to take responsibility for any damage caused by using non-biodegradable materials during manufacturing processes or distribution channels.
Growth Factors:
- Increasing awareness about the benefits of using eco-friendly plastic bags among consumers.
- Government initiatives and regulations promoting the use of eco-friendly plastic bags.
- Rising demand for biodegradable plastics from packaging and agricultural industries.
- Growing popularity of reusable shopping bags among consumers worldwide.
- Technological advancements in the production of biodegradable plastics
Scope Of The Report
Report Attributes
Report Details
Report Title
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
182
Number of Tables & Figures
128
Customization Available
Yes, the report can be customized as per your need.
Global Eco-friendly Plastic Bags Market Report Segments:
The global 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 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 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
- 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?
Eco-friendly plastic bags are made from a variety of sustainable materials, such as corn or bamboo. These bags are often recyclable and have a low environmental impact.
Some of the key players operating in the 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.
The eco-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 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 Eco-friendly Plastic Bags Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 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 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 Eco-friendly Plastic Bags Market Size & Forecast, 2020-2028
4.5.1 Eco-friendly Plastic Bags Market Size and Y-o-Y Growth
4.5.2 Eco-friendly Plastic Bags 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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 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) 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 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) 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 Eco-friendly Plastic Bags Market: Competitive Dashboard
14.2 Global 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
