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Europe Biodegradable Film Market is growing at a CAGR of 5.1% by 2028 | Growing Demand for Environmentally Friendly Solutions Drives the
The Europe biodegradable film market in Europe was expected to grow significantly in the coming years. Biodegradable films are an environmentally friendly alternative to traditional plastic films, as they can break down naturally without harming the environment.The demand for biodegradable films in Europe is driven by various factors, including the growing concern over environmental pollution, increasing government regulations on plastic waste reduction, and rising consumer awareness of sustainability issues. The European Union has set a target to make all plastic packaging recyclable or reusable by 2030, which is also driving the demand for biodegradable films.
The Europe biodegradable film market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing at a CAGR of 5.1% in the forecast period of 2021 to 2028 and expected to reach USD 4,665.42 million by 2028. The growing awareness regarding the health problems associated with plastic films is acting as a driver and boosting the demand for the biodegradable film market
Competitive Landscape and Biodegradable Film Market Share Analysis
The major players covered in the report are:
BASF SE, Plascon Group, TAGHLEEF INDUSTRIES GROUP, Shreejistretchfilm, Polyplex, STOROPACK HANS REICHENECKER GMBH, Walki Group Oy, BioBag Americas, Inc., AVERY DENNISON CORPORATION, Polystar Plastics Ltd, TIPA LTD, Cortec Corporation, BI-AX International Inc, Futamura Group, Trioplast Industrier AB, Poysha Packaging Private Limited, Layfield Group. Ltd., Accredo Packaging, Inc., Paco Label, Brentwood Plastics, Inc., Novamont S.p.A., PLASTIKA KRITIS S.A. other players domestic and global.
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Biodegradable Film Market Country Level Analysis
Biodegradable film market is analysed and market size information is provided by the country, type, product type, crop type and application as referenced above.
The countries covered in Europe biodegradable film market report are Germany, U.K., Italy, France, Spain, Russia, Turkey, Switzerland, Belgium, Netherlands, Luxemburg, Rest of Europe.
Germany is expected to dominate with the highest market share in the Europe biodegradable film market due to technological revolutions in agricultural industry and increasing concerns regarding climate change and emission of greenhouse gasses.
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries.
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