Biodegradable Packaging Market Size, Share, Trends, Regional Analysis and Forecast 2027 | BASF SE, Smurfit Kappa Group, Mondi Group, Rocktenn, Stora Enso, Clearwater Paper Corporation, Amcor, Novamont S.P.A., Rocktenn, Kruger Inc., Smurfit Kappa Group

The recent study on the Biodegradable Packaging market is a comprehensive analysis of the various parameters that are likely to influence the growth of the Biodegradable Packaging market. The historical and current market trends are taken into consideration while predicting the future prospects of the Biodegradable Packaging market. Further, the study introspects the major trends that are likely to impact the growth of the Biodegradable Packaging market during the forecast period 2020-2027

As the name suggests, biodegradable packaging involves use of bio-based materials for packaging. These materials are mainly derived from renewable sources and are mostly bio-based polymers that are categorized into three types based on their source and production. The first category of polymers are directly extracted from biomass such as starch and cellulose. The second category comprises polymers that are produced by classical chemical synthesis using renewable bio-based monomers such as polylactic acid (PLA) and other polyesters. The third category comprises polymers that are produced by microorganisms and genetically modified bacteria such as polyhydroxyalkanoates (PHA), bacterial cellulose and others. Biodegradable packaging plays a vital role in the packaging industry due to its ever increasing consumer awareness and importance of using eco-friendly products. Also, biodegradable packaging degrades easily and quickly and also does not require the help of an external catalyst for degradation. Starch and polylactic acid (PLA) are the most widely used biodegradable plastic materials for packaging in various end-use industry. Food and beverages end-use industry is the largest consumer of these materials and the trend is expected to largely remain the same through 2025.

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Market Dynamics

Europe dominated the global biodegradable packaging market in 2016 and the trend is expected to remain the same during 2017-2025. This is due to the various factors such as increasing environmental awareness among consumers, strict implementation of environment friendly laws and growing R&D activities in developing bioplastics by key manufactures. The European Union has passed a strict resolution to reduce overall consumption of thin plastic bags in the region by around 80% by 2019, which in turn is expected to create major growth opportunities for biodegradable plastics & paper manufacturers over the following years. However, the reduction in the usage of conventional plastic bags is expected to directly boost the consumption of biodegradable plastic bags in malls, retail outlets and loose packaging applications. North America is the second-most dominant region in the global biodegradable packaging market and the market in the region is expected to experience a CAGR of 23.0% in terms of volume, during the forecast period. The increased cost-competitiveness of biodegradable polymers, growing support from authorities for addressing solid waste disposal needs, and increasing public awareness on the environmental issues related to conventional packaging waste are the major factors for making North America as the second largest region in the global biodegradable packaging market.

Biodegradable Packaging Market Segmentation

The Biodegradable Packaging Market is an intrinsic study of the current status of this business vertical and encompasses a brief synopsis about its segmentation. The report is inclusive of a nearly accurate prediction of the market scenario over the forecast period 2020-2027 - Market size with respect to valuation as sales volume. The study lends focus to the top magnates comprising the competitive landscape of Biodegradable Packaging Market, as well as the geographical areas where the industry extends its horizons, in magnanimous detail.

The report describes the Biodegradable Packaging Market in detail in terms of the economic and regulatory factors that are currently shaping the market's growth trajectory, the regional segmentation of the Biodegradable Packaging Market, and an analysis of the market's downstream and upstream value and supply chains.

Major Players in the Biodegradable Packaging Market:

o BASF SE
o Smurfit Kappa Group
o Mondi Group
o Rocktenn
o Stora Enso
o Clearwater Paper Corporation
o Amcor
o Novamont S.P.A.
o Rocktenn
o Kruger Inc.
o Smurfit Kappa Group
o Reynolds Group Holding Limited
o International Corp.

Market Segment by Regions, regional analysis covers:

o North America: USA, Canada and Mexico etc.
o Asia-Pacific: China, Japan, Korea, India, and Southeast Asia
o The Middle East and Africa: Saudi Arabia, the UAE, Egypt, Turkey, Nigeria, and South Africa
o Europe: Germany, France, the UK, Russia, and Italy
o South America: Brazil, Argentina, Columbia, etc.

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Detailed Segmentation:

Global Biodegradable Packaging Market, By Product Type:
o Plastic
- Starch
- Cellulose
- PLA
- PHA
- Others

o Paper
- Kraft
- Flexible
- Corrugated
- Box Board

Global Biodegradable Packaging Market, By End-Use Industry:
o Food
o Beverage
o Pharmaceutical
o Personal/Homecare
o Others

Key Reasons to Purchase:

o Comprehensive analysis of the global as well as regional markets of the Biodegradable Packaging market.
o Complete coverage of all the segments in the Biodegradable Packaging market to analyze the trends, developments in the global market and forecast of market size up to 2027.
o Comprehensive analysis of the companies operating in the global Biodegradable Packaging market. The company profile includes analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company.
o Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.

Key questions answered in Biodegradable Packaging Market report:

1. What will the market size be in 2027 and what will the growth rate be?
2. What are the key market trends?
3. What is driving this market?
4. What are the challenges to market growth?
5. Who are the key vendors in this market space?
6. What are the market opportunities and threats faced by the key vendors?
7. What are the strengths and weaknesses of the key vendors?

Global Biodegradable Packaging Market Report includes Detailed TOC points:

1 Introduction

1.1 Objectives Of The Study
1.2 Market Definition
1.3 Overview Of Global Biodegradable Packaging Market

2 Market Segmentation
3 Market Overview

3.1 Rising Government Initiatives
3.2 Strategic Initiative By Market Players

4 Executive Summaries
5 Premium Insights
6 Regulatory Procedure
7 Global Biodegradable Packaging Market, By Type
8 Global Biodegradable Packaging Market, by Application
9 Global Biodegradable Packaging Market, By Deployment
10 Global Biodegradable Packaging Market, By End User
11 Global Biodegradable Packaging Market, By Distribution Channel
12 Global Biodegradable Packaging Market, Company Landscape
13 Company Profile
13.1 Company Snapshot
13.2 Revenue Analysis
13.3 Company Share Analysis
13.4 Product Portfolio

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