Press release
Global Biodegradable Films Market to Hit USD 2514.82 Million, Globally By 2030 at 6.49% CAGR | Infinium Global Research
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Market Insight:
The biodegradable films market, valued at USD 1,420.97 million in 2022, is projected to surge to USD 2,514.82 million by 2030, showcasing a robust CAGR of 6.49% during the forecast period from 2023 to 2030.
Biodegradable films, serving as an eco-friendly alternative to petroleum-based films, notably enhance food quality, safety, and shelf life. These films, infused with specific additives during manufacturing, facilitate decomposition by bacteria or fungi without environmental repercussions. Prepared from polysaccharides, lipid materials, or proteins, these innovative films incorporate antimicrobial/antioxidant agents, enriching their applicability in food packaging. Although these films disintegrate into smaller plastic pieces, specific conditions such as temperature or sunlight exposure are required for complete biodegradation.
The burgeoning demand for biodegradable packaging solutions, driven by environmental concerns and waste reduction initiatives, propels market growth. Industries increasingly adopt biodegradable films to enhance food safety, quality, and longevity, contributing to market expansion. However, the market faces challenges due to the high production costs associated with biodegradable films compared to conventional plastics. Nonetheless, growing awareness about plastic waste and environmental impact fosters growth opportunities for the biodegradable films market.
Geographic Dynamics:
Asia-Pacific sustains its dominance in the global green packaging market, fueled by increasing consumption patterns and growing emphasis on biodegradable packaging in countries like South Korea, Japan, India, and China. Additionally, the United Kingdom takes the lead in Europe, experiencing rising demand for biodegradable packaging due to heightened sustainability awareness and government initiatives.
Segments Covered:
The comprehensive report segments the biodegradable films market based on types (starch blends, biodegradable polyester, PCL, PBAT, PBS, PHAs, and PLA) and applications (food & beverage packaging, mulch films, agriculture & horticulture, cosmetic & personal care, industrial packaging, among others).
Companies Profiled:
The report presents detailed profiles of market players such as Walki Group Oy, BioBag Americas, TAGHLEEF INDUSTRIES GROUP, and others, highlighting their contributions to the biodegradable films market.
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Table of Content
Chapter 1. Preface
1.1. Report Description
1.2. Research Methods
1.3. Research Approaches
Chapter 2. Executive Summary
2.1. Biodegradable Films Market Highlights
2.2. Biodegradable Films Market Projection
2.3. Biodegradable Films Market Regional Highlights
Chapter 3. Global Biodegradable Films Market Overview
3.1. Introduction
3.2. Market Dynamics
3.2.1. Drivers
3.2.2. Restraints
3.2.3. Opportunities
3.3. Porter`s Five Forces Analysis
3.4. IGR-Growth Matrix Analysis
3.4.1. IGR-Growth Matrix Analysis by Type
3.4.2. IGR-Growth Matrix Analysis by Application
3.4.3. IGR-Growth Matrix Analysis by Region
3.5. Value Chain Analysis of Biodegradable Films Market
Chapter 4. Biodegradable Films Market Macro Indicator Analysis
Chapter 5. Company Profiles and Competitive Landscape
5.1. Competitive Landscape in the Global Biodegradable Films Market
5.2. Companies Profiles
5.2.1. Walki Group Oy
5.2.2. BioBag Americas, Inc.
5.2.3. TAGHLEEF INDUSTRIES GROUP
5.2.4. Grafix Plastics
5.2.5. Polyplex
5.2.6. Polystar Plastics Ltd
5.2.7. Accredo Packaging, Inc.
5.2.8. BASF SE
5.2.9. Kingfa SCI. & TECH. CO., LTD.
5.2.10. Plascon Packaging LTD.
Chapter 6. Global Biodegradable Films Market by Type
6.1. Starch Blends
6.2. Biodegradable Polyester
6.3. PCL (Polycaprolactone)
6.4. PBAT (Polybutylene Adipate Terephthalate)
6.5. PBS (Polybutylene Succinate)
6.6. PHAs (Polyhydroxyalkanoates)
6.7. PLA (Polylactic Acid)
Chapter 7. Global Biodegradable Films Market by Application
7.1. Food & Beverage Packaging
7.2. Mulch Films
7.3. Agriculture & Horticulture
7.4. Cosmetic & Personal Care Products
7.5. Industrial Packaging
7.6. Others
Chapter 8. Global Biodegradable Films Market by Region 2023-2030
8.1. North America
8.1.1. North America Biodegradable Films Market by Type
8.1.2. North America Biodegradable Films Market by Application
8.1.3. North America Biodegradable Films Market by Country
8.1.3.1. The U.S. Biodegradable Films Market
8.1.3.1.1. The U.S. Biodegradable Films Market by Type
8.1.3.1.2. The U.S. Biodegradable Films Market by Application
8.1.3.2. Canada Biodegradable Films Market
8.1.3.2.1. Canada Biodegradable Films Market by Type
8.1.3.2.2. Canada Biodegradable Films Market by Application
8.1.3.3. Mexico Biodegradable Films Market
8.1.3.3.1. Mexico Biodegradable Films Market by Type
8.1.3.3.2. Mexico Biodegradable Films Market by Application
8.2. Europe
8.2.1. Europe Biodegradable Films Market by Type
8.2.2. Europe Biodegradable Films Market by Application
8.2.3. Europe Biodegradable Films Market by Country
8.2.3.1. Germany Biodegradable Films Market
8.2.3.1.1. Germany Biodegradable Films Market by Type
8.2.3.1.2. Germany Biodegradable Films Market by Application
8.2.3.2. United Kingdom Biodegradable Films Market
8.2.3.2.1. United Kingdom Biodegradable Films Market by Type
8.2.3.2.2. United Kingdom Biodegradable Films Market by Application
8.2.3.3. France Biodegradable Films Market
8.2.3.3.1. France Biodegradable Films Market by Type
8.2.3.3.2. France Biodegradable Films Market by Application
8.2.3.4. Italy Biodegradable Films Market
8.2.3.4.1. Italy Biodegradable Films Market by Type
8.2.3.4.2. Italy Biodegradable Films Market by Application
8.2.3.5. Rest of Europe Biodegradable Films Market
8.2.3.5.1. Rest of Europe Biodegradable Films Market by Type
8.2.3.5.2. Rest of Europe Biodegradable Films Market by Application
8.3. Asia Pacific
8.3.1. Asia Pacific Biodegradable Films Market by Type
8.3.2. Asia Pacific Biodegradable Films Market by Application
8.3.3. Asia Pacific Biodegradable Films Market by Country
8.3.3.1. China Biodegradable Films Market
8.3.3.1.1. China Biodegradable Films Market by Type
8.3.3.1.2. China Biodegradable Films Market by Application
8.3.3.2. Japan Biodegradable Films Market
8.3.3.2.1. Japan Biodegradable Films Market by Type
8.3.3.2.2. Japan Biodegradable Films Market by Application
8.3.3.3. India Biodegradable Films Market
8.3.3.3.1. India Biodegradable Films Market by Type
8.3.3.3.2. India Biodegradable Films Market by Application
8.3.3.4. South Korea Biodegradable Films Market
8.3.3.4.1. South Korea Biodegradable Films Market by Type
8.3.3.4.2. South Korea Biodegradable Films Market by Application
8.3.3.5. Australia Biodegradable Films Market
8.3.3.5.1. Australia Biodegradable Films Market by Type
8.3.3.5.2. Australia Biodegradable Films Market by Application
8.3.3.6. Rest of Asia-Pacific Biodegradable Films Market
8.3.3.6.1. Rest of Asia-Pacific Biodegradable Films Market by Type
8.3.3.6.2. Rest of Asia-Pacific Biodegradable Films Market by Application
8.4. RoW
8.4.1. RoW Biodegradable Films Market by Type
8.4.2. RoW Biodegradable Films Market by Application
8.4.3. RoW Biodegradable Films Market by Sub-region
8.4.3.1. Latin America Biodegradable Films Market
8.4.3.1.1. Latin America Biodegradable Films Market by Type
8.4.3.1.2. Latin America Biodegradable Films Market by Application
8.4.3.2. Middle East Biodegradable Films Market
8.4.3.2.1. Middle East Biodegradable Films Market by Type
8.4.3.2.2. Middle East Biodegradable Films Market by Application
8.4.3.3. Africa Biodegradable Films Market
8.4.3.3.1. Africa Biodegradable Films Market by Type
8.4.3.3.2. Africa Biodegradable Films Market by Application
More Insights on this report, Speak to Our Analyst: https://www.infiniumglobalresearch.com/market-reports/enquiry/1024
Reasons to Buy this Report:
=> Comprehensive analysis of global as well as regional markets of biodegradable films.
=> Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2030.
=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of the product portfolio, revenue, SWOT analysis, and the latest developments of the company.
=> Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus on to invest, consolidate, expand, and/or diversify.
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Infinium Global Research is a business consulting and market research firm; a group of experts that caters to fulfilling business and market research needs of leading companies in various industry verticals and business segments. The company also serves government bodies, institutes, and non-profit/non-government organizations to meet their knowledge and information needs.
Through our information services and solutions, we assist our clients to improve their performance and assess the market conditions to achieve their organizational goals. Our team of experts and analysts are engaged in continuously monitoring and assessing the market conditions to provide knowledge support to our clients. To help our clients and to stay updated with the advances and inventions in technology, business processes, regulations, and the environment, Infinium often conducts regular meets with industry experts and opinion leaders. Our key opinion leaders are involved in monitoring and assessing the progress in the business environment, so as to offer the best opinion to our clients.
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