Press release
Compostable Plastic Packaging Material Market will possibly reach a value of over US$ 2,000 Mn by the end of 2028
The report titled ‘Compostable Plastic Packaging Material Market: Global Industry Analysis 2013-2017 and Opportunity Assessment 2018-2028’ states that the global market for compostable plastic packaging material is expected to grow at a moderate CAGR of 5.1% during the forecast period of 2018-2028. The data in this report also shows that the market will possibly reach a value of over US$ 2,000 Mn by the end of 2028. Compostable plastics degrade rapidly, leaving no traces of the material, which are witnessing stellar demand in the market currently.Request For Sample @https://www.futuremarketinsights.com/reports/sample/rep-gb-5895
In a bid to build a strong business in an eco-friendly manner, companies are coming up with new offerings in the global market. There is a huge demand for environment-friendly products as the people are more inclined towards these products due to their growing awareness. Compostable plastic packaging is a major part of the current eco-friendly plastics market. The market comprises various materials like PBAT, PBS, PLA, and PHA, all of which are made up of components that are highly decomposable. Among these, PHA is expected to hold the strongest market growth, owing to its high barrier properties.
Food, beverage and pharmaceutical products prefer high barrier material for packaging to extend the shelf life of the products and maintain the quality of the product. According to the outcomes of the report on the global compostable plastic packaging materials market, PHA plastic type is expected to witness a stellar CAGR of 15.9% during the 10 year forecast period. A popular trend witnessed in the global compostable plastic packaging materials market is the rise in demand for garbage bags made of compostable plastic. Despite of relatively higher costs, compostable garbage bags are likely to grab a sizeable market in near future, in both developed as well as developing economies.
Request For TOC @ https://www.futuremarketinsights.com/askus/rep-gb-5895
Global Compostable Plastic Packaging Material Market: Competitive Scenario
The companies that are leading in global compostable plastic packaging materials market include S.K. Chemicals Co. Ltd., BASF S.E., Kaneka Corporation, Northern Technologies International Corp., Blonde Technology Co., Ltd., FKuR Kunststoff GmbH, NatureWorks LLC, Gio-Soltech, Ltd., Xinjiang Blueridge Tunhe Chemical Industry Co., Ltd, Biotec GmbH & Co. KG etc. These market leaders are looking for opportunities to expand their businesses and capitalize on products that are going to witness higher demands.
ABOUT US:
Future Market Insights (FMI) is a leading market intelligence and consulting firm. We deliver syndicated research reports, custom research reports and consulting services, which are personalized in nature.
FMI delivers a complete packaged solution, which combines current market intelligence, statistical anecdotes, technology inputs, valuable growth insights, an aerial view of the competitive framework, and future market trends.
CONTACT:
Future Market Insights
616 Corporate Way, Suite 2-9018,
Valley Cottage, NY 10989,
United States
T: +1-347-918-3531
F: +1-845-579-5705
Email: sales@futuremarketinsights.com
Website: http://www.futuremarketinsights.com/
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Compostable Plastic Packaging Material Market will possibly reach a value of over US$ 2,000 Mn by the end of 2028 here
News-ID: 1067974 • Views: …
More Releases from Future Market Insights
Tumor Profiling Market Size and Share Forecast Outlook From 2025 to 2035
The Tumor Profiling Market is entering a transformative decade, driven by precision oncology, liquid biopsy advancements, advanced sequencing technologies, and growing demand for personalized cancer treatment. As leading companies like Thermo Fisher Scientific, Illumina, F. Hoffmann-La Roche AG, Bio-Rad Laboratories, and Agilent Technologies strengthen their product portfolios, the tumor profiling market is expected to witness sustained adoption across diagnostic laboratories, clinics, and hospitals.
"Explore trends before investing - request a sample…
Personalization Lead the Prescription Lens Market Share Analysis Growth Path
The global Prescription Lens Market Share Analysis is entering a pivotal growth phase as aging populations, digital lifestyles, and advanced vision-care technologies reshape consumer needs. The market is projected to grow at a 3.7% CAGR and reach USD 62,666.2 million by 2035. As demand continues accelerating, leading brands are refining their strategies to serve evolving optical expectations.
"Explore trends before investing - request a sample report today!"
https://www.futuremarketinsights.com/reports/sample/rep-gb-20711
Market Momentum: What Is Powering…
Peptide Microarray Market Growth Outlook to 2035: Innovation, Strategy, and Mark …
The Peptide Microarray Market is entering a transformative phase driven by technology advancements, rising investment in proteomics, and expanding applications across diagnostics and drug discovery. According to projections, the peptide microarray market is set to reach USD 903.8 million by 2025, progressing steadily at a CAGR of 3.8% through 2035. Precision tools, proteomics infrastructure growth, and innovation in peptide profiling platforms continue to reshape the future of global healthcare innovation.
Explore…
Japan Cold Laser Therapy Market Size and Share Forecast Outlook From 2025 to 203 …
The Japan Cold Laser Therapy Market is set for steady expansion as healthcare providers, manufacturers, and end users shift toward advanced non-invasive treatment technologies. The (Japan Cold Laser Therapy Market) is projected to rise from USD 7.2 million in 2025 to USD 12.0 million by 2035, reflecting a CAGR of 5.2%. Cold laser therapy is gaining recognition due to its ability to reduce inflammation, promote healing, and alleviate pain-without requiring…
More Releases for Compostable
Compostable Packaging Market Size, Share & Growth Trends 2025-2035 | Global Comp …
When Waste Becomes Worth | How the Compostable Packaging Market Is Redefining Industrial Material Logic
For most of packaging's history, waste was an afterthought - buried, burned, or shipped away. Now, it's the starting point.
The transformation underway is not cosmetic or moral; it's structural.
Compostability has stopped being a sustainability label and started becoming a material category - one that links profitability with planetary limits through chemistry, regulation, and consumer behavior.
The real…
How Compostable PLA Straws Help the Environment
Compostable PLA straw [https://www.naturecutlery.com/qh-st-5-5-x-200-mm-biodegradable-pla-drinking-straw-in-bulk-package-2-product/]s are emerging as one of the key solutions to the global plastic crisis. Made from renewable materials like corn starch, these straws are an eco-friendly alternative to traditional plastic straws. Here's a closer look at how compostable PLA straws can have a positive impact on the environment and why they're a smart choice for businesses focused on sustainability.
1. Reduce Plastic Waste Accumulation
Traditional plastic straws are single-use…
Compostable Plastic Market Stunning at 12.3% CAGR
A new business intelligence report released by USD Analytics with the title "Global Compostable Plastic Market Report 2030 " has abilities to rise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. The Global Compostable Plastic Market Report offers energetic visions to conclude and study the market size, market hopes, and competitive surroundings. The research is derived…
The Environmental Impact of Compostable Plastics
Allied Market Research published a report, titled, "Compostable Plastic Market by Type (Home Compostable Plastic [BioPBS FD92, BWC BF 90A, Ecopond Flex 162], and others), and by Application (Compostable cutlery, Compostable bag, Compostable straw, Compostable gloves, Compostable cup (cold cup), Compostable tray/dish): Opportunity Analysis and Industry Forecast, 2020-2027." According to the report, the global compostable plastic industry generated $991.2 million in 2019, and is expected to reach $3.10 billion by…
North America Compostable Foodservice Packaging Market
The compostable foodservice packaging market in North America was valued at US$ 4,051.36 million in 2019 and is projected to reach US$ 6,139.42 million by 2027; it is expected to grow at a CAGR of 5.5% from 2020 to 2027.
According to The Business Market Insights North America Compostable Foodservice Packaging Market report 2027, discusses various factors driving or restraining the market, which will help the future market to grow…
Modwrap revolutionizes Clothing Industry with Compostable Packaging
Modwrap, a leading packaging company, is proud to announce the launch of our new line of compostable bags for the clothing industry. We understand the impact that traditional packaging materials have on the environment and are committed to providing sustainable solutions for our customers.
The clothing industry is one of the largest contributors to pollution and waste, and packaging is a significant part of that problem. Traditional packaging materials, such as…
