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Biodegradable Packaging Materials-Global Market Insights and Sales Trends 2024
Synopsis
Biodegradable materials are materials that are readily decomposed by the action of microorganisms. Biodegradable packaging differs from conventional non-degradable packaging in terms of raw materials, production technology, applications, and composting. Biodegradable materials such as bio-plastic and paper are widely used in packaging applications because of their sustainable nature, material properties, and appearance.
The global Biodegradable Packaging Materials market size is expected to reach US$ 149560 million by 2029, growing at a CAGR of 5.3% from 2023 to 2029. The market is mainly driven by the significant applications of Biodegradable Packaging Materials in various end use industries. The expanding demands from the Food Packaging, Beverage Packaging and Electronic Packaging,, are propelling Biodegradable Packaging Materials market. Corrugated Board, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Flexible Paper segment is estimated at % CAGR for the next seven-year period.
The rising demand for sustainable packaging materials among consumers will drive the growth prospects for the global biodegradable paper packaging materials market until the end of 2021. The market is witnessing a high rate of adoption of biodegradable paper or ecofriendly materials by retailers and intermediaries for packaging purposes because of various initiatives taken by governments of many countries to promote the use of sustainable packaging materials. Also, factors such as the growing consumer awareness, change in consumer attitudes, rising preference towards the environment-friendly packaging materials, and the increasing demand for these packaging materials from retail outlets will fuel the market’s growth. Moreover, the market is also driven by the growing inclination of various economies towards the globalization of trade. a number of developing and developed economies are expected to contribute attractive share to the global revenue. North America and Europe are anticipated to be potentially lucrative regional markets, with the growth driven by large technological advancements in manufacturing processes. Asia Pacific is expected to be a promising region, with burgeoning demand attributed to the rising adoption of recyclable materials in the food and beverages packaging sector.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Biodegradable Packaging Materials, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Biodegradable Packaging Materials market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Biodegradable Packaging Materials market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Biodegradable Packaging Materials sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Biodegradable Packaging Materials covered in this report include BASF, International Paper, Mondi, Smurfit Kappa and Stora Enso, etc.
The global Biodegradable Packaging Materials market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BASF
International Paper
Mondi
Smurfit Kappa
Stora Enso
Global Biodegradable Packaging Materials market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Biodegradable Packaging Materials market, Segment by Type:
Corrugated Board
Flexible Paper
Boxboard
Global Biodegradable Packaging Materials market, by Application
Food Packaging
Beverage Packaging
Electronic Packaging
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Biodegradable Packaging Materials manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Biodegradable Packaging Materials in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Biodegradable materials are materials that are readily decomposed by the action of microorganisms. Biodegradable packaging differs from conventional non-degradable packaging in terms of raw materials, production technology, applications, and composting. Biodegradable materials such as bio-plastic and paper are widely used in packaging applications because of their sustainable nature, material properties, and appearance.
The global Biodegradable Packaging Materials market size is expected to reach US$ 149560 million by 2029, growing at a CAGR of 5.3% from 2023 to 2029. The market is mainly driven by the significant applications of Biodegradable Packaging Materials in various end use industries. The expanding demands from the Food Packaging, Beverage Packaging and Electronic Packaging,, are propelling Biodegradable Packaging Materials market. Corrugated Board, one of the segments analysed in this report, is projected to record % CAGR and reach US$ million by the end of the analysis period. Growth in the Flexible Paper segment is estimated at % CAGR for the next seven-year period.
The rising demand for sustainable packaging materials among consumers will drive the growth prospects for the global biodegradable paper packaging materials market until the end of 2021. The market is witnessing a high rate of adoption of biodegradable paper or ecofriendly materials by retailers and intermediaries for packaging purposes because of various initiatives taken by governments of many countries to promote the use of sustainable packaging materials. Also, factors such as the growing consumer awareness, change in consumer attitudes, rising preference towards the environment-friendly packaging materials, and the increasing demand for these packaging materials from retail outlets will fuel the market’s growth. Moreover, the market is also driven by the growing inclination of various economies towards the globalization of trade. a number of developing and developed economies are expected to contribute attractive share to the global revenue. North America and Europe are anticipated to be potentially lucrative regional markets, with the growth driven by large technological advancements in manufacturing processes. Asia Pacific is expected to be a promising region, with burgeoning demand attributed to the rising adoption of recyclable materials in the food and beverages packaging sector.
Report Objectives
This report provides market insight on the different segments, by manufacturers, by Type, by Application. Market size and forecast (2018-2029) has been provided in the report. The primary objectives of this report are to provide 1) global market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends; 2) global market share and ranking by company; 3) comprehensive presentation of the global market for Biodegradable Packaging Materials, with both quantitative and qualitative analysis through detailed segmentation; 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants; 5) emerging opportunities in the market and the future impact of major drivers and restraints of the market.
Key Features of The Study:
This report provides in-depth analysis of the global Biodegradable Packaging Materials market, and provides market size (US$ million) and CAGR for the forecast period (2023-2029), considering 2022 as the base year.
This report profiles key players in the global Biodegradable Packaging Materials market based on the following parameters - company details (found date, headquarters, manufacturing bases), products portfolio, Biodegradable Packaging Materials sales data, market share and ranking.
This report elucidates potential market opportunities across different segments and explains attractive investment proposition matrices for this market.
This report illustrates key insights about market drivers, restraints, opportunities, market trends, regional outlook.
Key companies of Biodegradable Packaging Materials covered in this report include BASF, International Paper, Mondi, Smurfit Kappa and Stora Enso, etc.
The global Biodegradable Packaging Materials market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts.
Market Segmentation
Company Profiles:
BASF
International Paper
Mondi
Smurfit Kappa
Stora Enso
Global Biodegradable Packaging Materials market, by region:
North America (U.S., Canada, Mexico)
Europe (Germany, France, UK, Italy, etc.)
Asia Pacific (China, Japan, South Korea, Southeast Asia, India, etc.)
South America (Brazil, etc.)
Middle East and Africa (Turkey, GCC Countries, Africa, etc.)
Global Biodegradable Packaging Materials market, Segment by Type:
Corrugated Board
Flexible Paper
Boxboard
Global Biodegradable Packaging Materials market, by Application
Food Packaging
Beverage Packaging
Electronic Packaging
Core Chapters
Chapter One: Introduces the study scope of this report, executive summary of market segments by Type, market size segments for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Two: Detailed analysis of Biodegradable Packaging Materials manufacturers competitive landscape, price, sales, revenue, market share and ranking, latest development plan, merger, and acquisition information, etc.
Chapter Three: Sales, revenue of Biodegradable Packaging Materials in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the future development prospects, and market space in the world.
Chapter Four: Introduces market segments by Application, market size segment for North America, Europe, Asia Pacific, South America, Middle East & Africa.
Chapter Five, Six, Seven, Eight and Nine: North America, Europe, Asia Pacific, South America, Middle East & Africa, sales and revenue by country.
Chapter Ten: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter Eleven: Analysis of industrial chain, key raw materials, manufacturing cost, and market dynamics. Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter Twelve: Analysis of sales channel, distributors and customers.
Chapter Thirteen: Research Findings and Conclusion.
Index1 Biodegradable Packaging Materials Market Overview
1.1 Biodegradable Packaging Materials Product Overview
1.2 Biodegradable Packaging Materials Market Segment by Type
1.2.1 Corrugated Board
1.2.2 Flexible Paper
1.2.3 Boxboard
1.3 Global Biodegradable Packaging Materials Market Size by Type
1.3.1 Global Biodegradable Packaging Materials Market Size Overview by Type (2018-2029)
1.3.2 Global Biodegradable Packaging Materials Historic Market Size Review by Type (2018-2023)
1.3.3 Global Biodegradable Packaging Materials Forecasted Market Size by Type (2024-2029)
1.4 Key Regions Market Size Segment by Type
1.4.1 North America Biodegradable Packaging Materials Sales Breakdown by Type (2018-2023)
1.4.2 Europe Biodegradable Packaging Materials Sales Breakdown by Type (2018-2023)
1.4.3 Asia-Pacific Biodegradable Packaging Materials Sales Breakdown by Type (2018-2023)
1.4.4 Latin America Biodegradable Packaging Materials Sales Breakdown by Type (2018-2023)
1.4.5 Middle East and Africa Biodegradable Packaging Materials Sales Breakdown by Type (2018-2023)
2 Global Biodegradable Packaging Materials Market Competition by Company
2.1 Global Top Players by Biodegradable Packaging Materials Sales (2018-2023)
2.2 Global Top Players by Biodegradable Packaging Materials Revenue (2018-2023)
2.3 Global Top Players by Biodegradable Packaging Materials Price (2018-2023)
2.4 Global Top Manufacturers Biodegradable Packaging Materials Manufacturing Base Distribution, Sales Area, Product Type
2.5 Biodegradable Packaging Materials Market Competitive Situation and Trends
2.5.1 Biodegradable Packaging Materials Market Concentration Rate (2018-2023)
2.5.2 Global 5 and 10 Largest Manufacturers by Biodegradable Packaging Materials Sales and Revenue in 2022
2.6 Global Top Manufacturers by Company Type (Tier 1, Tier 2 and Tier 3) & (based on the Revenue in Biodegradable Packaging Materials as of 2022)
2.7 Date of Key Manufacturers Enter into Biodegradable Packaging Materials Market
2.8 Key Manufacturers Biodegradable Packaging Materials Product Offered
2.9 Mergers & Acquisitions, Expansion
3 Biodegradable Packaging Materials Status and Outlook by Region
3.1 Global Biodegradable Packaging Materials Market Size and CAGR by Region: 2018 VS 2022 VS 2029
3.2 Global Biodegradable Packaging Materials Historic Market Size by Region
3.2.1 Global Biodegradable Packaging Materials Sales in Volume by Region (2018-2023)
3.2.2 Global Biodegradable Packaging Materials Sales in Value by Region (2018-2023)
3.2.3 Global Biodegradable Packaging Materials Sales (Volume & Value) Price and Gross Margin (2018-2023)
3.3 Global Biodegradable Packaging Materials Forecasted Market Size by Region
3.3.1 Global Biodegradable Packaging Materials Sales in Volume by Region (2024-2029)
3.3.2 Global Biodegradable Packaging Materials Sales in Value by Region (2024-2029)
3.3.3 Global Biodegradable Packaging Materials Sales (Volume & Value), Price and Gross Margin (2024-2029)
4 Global Biodegradable Packaging Materials by Application
4.1 Biodegradable Packaging Materials Market Segment by Application
4.1.1 Food Packaging
4.1.2 Beverage Packaging
4.1.3 Electronic Packaging
4.2 Global Biodegradable Packaging Materials Market Size by Application
4.2.1 Global Biodegradable Packaging Materials Market Size Overview by Application (2018-2029)
4.2.2 Global Biodegradable Packaging Materials Historic Market Size Review by Application (2018-2023)
4.2.3 Global Biodegradable Packaging Materials Forecasted Market Size by Application (2024-2029)
4.3 Key Regions Market Size Segment by Application
4.3.1 North America Biodegradable Packaging Materials Sales Breakdown by Application (2018-2023)
4.3.2 Europe Biodegradable Packaging Materials Sales Breakdown by Application (2018-2023)
4.3.3 Asia-Pacific Biodegradable Packaging Materials Sales Breakdown by Application (2018-2023)
4.3.4 Latin America Biodegradable Packaging Materials Sales Breakdown by Application (2018-2023)
4.3.5 Middle East and Africa Biodegradable Packaging Materials Sales Breakdown by Application (2018-2023)
5 North America Biodegradable Packaging Materials by Country
5.1 North America Biodegradable Packaging Materials Historic Market Size by Country
5.1.1 North America Biodegradable Packaging Materials Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
5.1.2 North America Biodegradable Packaging Materials Sales in Volume by Country (2018-2023)
5.1.3 North America Biodegradable Packaging Materials Sales in Value by Country (2018-2023)
5.2 North America Biodegradable Packaging Materials Forecasted Market Size by Country
5.2.1 North America Biodegradable Packaging Materials Sales in Volume by Country (2024-2029)
5.2.2 North America Biodegradable Packaging Materials Sales in Value by Country (2024-2029)
6 Europe Biodegradable Packaging Materials by Country
6.1 Europe Biodegradable Packaging Materials Historic Market Size by Country
6.1.1 Europe Biodegradable Packaging Materials Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
6.1.2 Europe Biodegradable Packaging Materials Sales in Volume by Country (2018-2023)
6.1.3 Europe Biodegradable Packaging Materials Sales in Value by Country (2018-2023)
6.2 Europe Biodegradable Packaging Materials Forecasted Market Size by Country
6.2.1 Europe Biodegradable Packaging Materials Sales in Volume by Country (2024-2029)
6.2.2 Europe Biodegradable Packaging Materials Sales in Value by Country (2024-2029)
7 Asia-Pacific Biodegradable Packaging Materials by Region
7.1 Asia-Pacific Biodegradable Packaging Materials Historic Market Size by Region
7.1.1 Asia-Pacific Biodegradable Packaging Materials Market Size Growth Rate (CAGR) by Region: 2018 VS 2022 VS 2029
7.1.2 Asia-Pacific Biodegradable Packaging Materials Sales in Volume by Region (2018-2023)
7.1.3 Asia-Pacific Biodegradable Packaging Materials Sales in Value by Region (2018-2023)
7.2 Asia-Pacific Biodegradable Packaging Materials Forecasted Market Size by Region
7.2.1 Asia-Pacific Biodegradable Packaging Materials Sales in Volume by Region (2024-2029)
7.2.2 Asia-Pacific Biodegradable Packaging Materials Sales in Value by Region (2024-2029)
8 Latin America Biodegradable Packaging Materials by Country
8.1 Latin America Biodegradable Packaging Materials Historic Market Size by Country
8.1.1 Latin America Biodegradable Packaging Materials Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
8.1.2 Latin America Biodegradable Packaging Materials Sales in Volume by Country (2018-2023)
8.1.3 Latin America Biodegradable Packaging Materials Sales in Value by Country (2018-2023)
8.2 Latin America Biodegradable Packaging Materials Forecasted Market Size by Country
8.2.1 Latin America Biodegradable Packaging Materials Sales in Volume by Country (2024-2029)
8.2.2 Latin America Biodegradable Packaging Materials Sales in Value by Country (2024-2029)
9 Middle East and Africa Biodegradable Packaging Materials by Country
9.1 Middle East and Africa Biodegradable Packaging Materials Historic Market Size by Country
9.1.1 Middle East and Africa Biodegradable Packaging Materials Market Size Growth Rate (CAGR) by Country: 2018 VS 2022 VS 2029
9.1.2 Middle East and Africa Biodegradable Packaging Materials Sales in Volume by Country (2018-2023)
9.1.3 Middle East and Africa Biodegradable Packaging Materials Sales in Value by Country (2018-2023)
9.2 Middle East and Africa Biodegradable Packaging Materials Forecasted Market Size by Country
9.2.1 Middle East and Africa Biodegradable Packaging Materials Sales in Volume by Country (2024-2029)
9.2.2 Middle East and Africa Biodegradable Packaging Materials Sales in Value by Country (2024-2029)
10 Company Profiles
10.1 BASF
10.1.1 BASF Company Information
10.1.2 BASF Introduction and Business Overview
10.1.3 BASF Biodegradable Packaging Materials Sales, Revenue and Gross Margin (2018-2023)
10.1.4 BASF Biodegradable Packaging Materials Products Offered
10.1.5 BASF Recent Development
10.2 International Paper
10.2.1 International Paper Company Information
10.2.2 International Paper Introduction and Business Overview
10.2.3 International Paper Biodegradable Packaging Materials Sales, Revenue and Gross Margin (2018-2023)
10.2.4 International Paper Biodegradable Packaging Materials Products Offered
10.2.5 International Paper Recent Development
10.3 Mondi
10.3.1 Mondi Company Information
10.3.2 Mondi Introduction and Business Overview
10.3.3 Mondi Biodegradable Packaging Materials Sales, Revenue and Gross Margin (2018-2023)
10.3.4 Mondi Biodegradable Packaging Materials Products Offered
10.3.5 Mondi Recent Development
10.4 Smurfit Kappa
10.4.1 Smurfit Kappa Company Information
10.4.2 Smurfit Kappa Introduction and Business Overview
10.4.3 Smurfit Kappa Biodegradable Packaging Materials Sales, Revenue and Gross Margin (2018-2023)
10.4.4 Smurfit Kappa Biodegradable Packaging Materials Products Offered
10.4.5 Smurfit Kappa Recent Development
10.5 Stora Enso
10.5.1 Stora Enso Company Information
10.5.2 Stora Enso Introduction and Business Overview
10.5.3 Stora Enso Biodegradable Packaging Materials Sales, Revenue and Gross Margin (2018-2023)
10.5.4 Stora Enso Biodegradable Packaging Materials Products Offered
10.5.5 Stora Enso Recent Development
11 Upstream, Opportunities, Challenges, Risks and Influences Factors Analysis
11.1 Biodegradable Packaging Materials Key Raw Materials
11.1.1 Key Raw Materials
11.1.2 Key Raw Materials Price
11.1.3 Raw Materials Key Suppliers
11.2 Manufacturing Cost Structure
11.2.1 Raw Materials
11.2.2 Labor Cost
11.2.3 Manufacturing Expenses
11.3 Biodegradable Packaging Materials Industrial Chain Analysis
11.4 Biodegradable Packaging Materials Market Dynamics
11.4.1 Biodegradable Packaging Materials Industry Trends
11.4.2 Biodegradable Packaging Materials Market Drivers
11.4.3 Biodegradable Packaging Materials Market Challenges
11.4.4 Biodegradable Packaging Materials Market Restraints
12 Market Strategy Analysis, Distributors
12.1 Sales Channel
12.2 Biodegradable Packaging Materials Distributors
12.3 Biodegradable Packaging Materials Downstream Customers
13 Research Findings and Conclusion
14 Appendix
14.1 Research Methodology
14.1.1 Methodology/Research Approach
14.1.2 Data Source
14.2 Author Details
14.3 Disclaimer
Published By : QY Research
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