Press release
Cassava Bag Market to reach USD 112.51 Mn at a CAGR of 7.8 percent over the forecast period (2024-2030)
Cassava Bag Market
Stellar Market Research, a global Consumer Goods market research firm has published a competitive intelligence and market research report on the "Cassava Bag Market [https://www.stellarmr.com/report/Cassava-Bags-Market/1870]". The Cassava Bag Market size was valued at USD 68.45 Mn in 2023. The total Cassava Bag Market revenue is expected to grow at a CAGR of 7.8 percent from 2023 to 2030, reaching USD 112.51 Mn during the forecast period.
Market Size in 2023 USD 68.45 Mn.
Market Size in 2030 USD 112.51 Mn.
CAGR 7.8 percent (2024-2030)
Forecast Period 2024-2030
Base Year 2022
Number of Pages 267
No. of Tables 125
No. of Charts and Figures 114
Segment Covered By Type, Category and application
Regional Scope North America, Europe, Asia Pacific, Middle East and Africa, South America
Report Coverage Market Share, Size & Forecast by Revenue | 20222029, Market Dynamics, Growth Drivers, Restraints, Investment Opportunities, and Key Trends, Competitive Landscape, Key Players Benchmarking, Competitive Analysis, SMR Competition Matrix, Competitive Leadership Mapping, Global Key Players' Market Ranking Analysis.
Cassava Bag Market Scope and Research Methodology
The report includes a comprehensive analysis of the Cassava Bag Market. The competitive analysis in the report includes a company overview, financial performance, product portfolio, and strategies of the key players in the Cassava Bag industry. The qualitative and quantitative data of the Cassava Eco-friendly Bag Market is prepared through various research considerations such as subject matter expert advice, and primary and secondary research. Primary research leverages valuable information from face-to-face and/or telephonic interviews and surveys, questionnaires, industry expert opinions, KOLs, customers, and others. Primary interviews are conducted regularly with industry experts to create in-depth expert information on the market and to substantiate the existing analysis of the data.
Secondary research is done through company websites, annual reports, financial reports, national government documents, and new articles. The research includes the Cassava Bag market segmented by different types, Categories, and Applications. This segmentation helps leaders plan their products and finances based on the upcoming development rates of each segment. Cassava Bag market analysis benefits investors by knowing the scope and position of the market giving them information on key drivers, challenges, restraints, and expansion chances of the market and moderate threats.
Get a free sample copy to fully comprehend the format of the report, which includes the table of contents and summary:https://www.stellarmr.com/report/req_sample/Cassava-Bags-Market/1870
Cassava Bag Market Overview
Cassava bags are designed to be an environmentally friendly alternative to traditional plastic bags made from non-renewable and non-biodegradable petroleum-based polymers. They are biodegradable, meaning they can be broken down by microorganisms and naturally occurring processes, and they are also compostable, meaning they can be safely composted along with other organic materials. The cassava bag market is an integral part of the global cassava industry, catering to the packaging and transportation needs of this widely cultivated root vegetable. Cassava, a staple food crop in many regions, is primarily grown in tropical and subtropical areas across Africa, Asia, and Latin America. The demand for cassava bags is driven by the need to preserve the quality of cassava roots during post-harvest handling, storage, and transportation. The market is also shaped by trends in sustainable packaging solutions, as some manufacturers explore the use of biodegradable materials or recycled fibers in cassava bag production.
Cassava Bags are 100% No Plastic, Instead, they decompose into carbon dioxide, water, and biomass, which are all naturally occurring substances. Our bags are also safe for aquatic life.
Consumer Preferences and demand for eco-friendly products
The demand for eco-friendly and biodegradable packaging options, especially in the food and retail sectors, has driven the adoption of cassava bags. The rising global environmental awareness plays a fundamental role. With a heightened consciousness regarding the detrimental effects of plastic pollution, consumers are actively seeking eco-friendly packaging solutions that reduce plastic waste, driving the demand for sustainable alternatives like cassava bags. Secondly, stringent regulations and bans on single-use plastics by governments worldwide are compelling industries to invest in environmentally friendly packaging options, boosting the market for cassava bags. Businesses are recognizing the importance of sustainable practices to attract environmentally conscious consumers.
Stringent government regulations curbing plastic bag usage are another major driver. As governments impose bans or limitations on traditional plastic bags, cassava bags emerge as a compliant and eco-friendly option.
Asia Pacific region to witness the Cassava Bag market's fastest-growing region over the forecast period
Asia Pacific has the fastest-growing region in the global cassava bags market in 2023 because of the abundance of cassava cultivation and the presence of major cassava-producing countries like Thailand, Vietnam, Indonesia, and Nigeria. The increasing demand for sustainable packaging solutions, coupled with government initiatives to promote eco-friendly products, has driven the adoption of cassava bags in this region. Countries such as, Thailand and Indonesia have established cassava processing facilities, contributing to the supply chain and market growth.
Instant access is available by downloading your exclusive sample copy of the report right now! [https://www.stellarmr.com/report/req_sample/Cassava-Bags-Market/1870]
Cassava Bag Market Segmentation
By Type
* T-Shirt Bag
* Grip- Hole Bags
* Garbage
* Others
By Category
* Organic
* Conventional
By Application
* Food & Beverages
* Animal Feed
* Others
Cassava Bag Market key players include
* Bio Green Bags Co. Ltd. (Thailand)
* Biopak (Australia)
* Avani Eco Affinity Supply Co (Indonesia)
* Tipa (Israel)
* Henan Baolai Packaging Co., Ltd. (China)
* Urban Plastik (Indonesia)
* Biopac India Co. Ltd (India)
* SainBag No Plastic International Pty Ltd (Australia)
* Envigreen Biotech India Pvt. Ltd (India)
* Affinity Supply Co.(Indonesia)
* Dayton Bag & Burlap Co. (U.S.)
* wave eco solutions (Vietnam)
* Ecoplanet Bamboo (U.S.)
* Midwestern Bag & Supply (Lowa, U.S.)
* Conitex Sonoco (California)
* Cherokee Manufacturing (Minnesota, U.S.)
* Jinan Bollison International Trading Co., Ltd (China)
* Twin River Packaging (U.S.)
* Joaquin Trading Corporation (Philippines)
Key questions answered in the Cassava Bag Market are:
* What are the Cassava Bag Markets?
* What was the Cassava Bag market size in 2023?
* Which region held the largest share of the Cassava Bag market?
* What is the expected Cassava Bag market size by 2030?
* What is the growth rate of the Cassava Bag Market?
* Which are the factors expected to drive the Cassava Bag market growth?
* Which segment dominated the Cassava Bag market growth?
* What is the demand pattern for the Cassava Bag market?
* Who are the key players in the Cassava Bag market?
Key Offerings:
* Past Market Size and Competitive Landscape (2018 to 2022)
* Past Pricing and price curve by region (2018 to 2022)
* Market Size, Share, Size & Forecast by Different Segments | 20232030
* Market Dynamics - Growth Drivers, Restraints, Opportunities, and Key Trends by Region
* Market Segmentation - A detailed analysis By Type, Category and Application.
* Competitive Landscape - Profiles of selected key players by region from a strategic perspective
* Competitive landscape - Market Leaders, Market Followers, Regional player
* Competitive benchmarking of key players by region
* PESTLE Analysis
* PORTER's analysis
* Value chain and supply chain analysis
* Legal Aspects of business by region
* Lucrative business opportunities with SWOT analysis
* Recommendations
Stellar Market Research is leading Consumer Goods & Packaging firm, has also published the following reports:
Disposable Plastic Blood Bag Market [https://www.stellarmr.com/report/Disposable-Plastic-Blood-Bag-Market/397]: The total market size was valued at USD 583.85 Mn. in 2023 and the total market revenue is expected to grow by 9.67 percent from 2024 to 2030, reaching USD 1114.07 Mn. Increasing demand for blood transfusions globally, fueled by rising incidences of chronic diseases and surgical procedures is driving the Disposable Plastic Blood Bag market.
Travel Bags Market [https://www.stellarmr.com/report/Travel-Bags-Market/1370]: The total market size was valued at USD 18.23 BN in 2023 and is expected to reach USD 31.65 Bn by 2030, at a CAGR of 8.2 percent. Increasing travel trends and the demand for versatile, durable luggage solutions. With consumers seeking convenience and functionality, the market experienced significant growth, which has increased in demand for travel bags.
About Stellar Market Research:
Stellar Market Research is a multifaceted market research and consulting company with professionals from several industries. Some of the industries we cover include medical devices, pharmaceutical manufacturers, science and engineering, electronic components, industrial equipment, technology, and communication, cars, and automobiles, chemical products and substances, general merchandise, beverages, personal care, and automated systems. To mention a few, we provide market-verified industry estimations, technical trend analysis, crucial market research, strategic advice, competition analysis, production and demand analysis, and client impact studies.
Media Contact
Company Name: STELLAR MARKET RESEARCH
Contact Person: L Godage
Email:Send Email [https://www.abnewswire.com/email_contact_us.php?pr=cassava-bag-market-to-reach-usd-11251-mn-at-a-cagr-of-78-percent-over-the-forecast-period-20242030]
Phone: +91 9607365656
Address: S.no.8, h.no. 4-8 Pl.7/4, Kothrud Pinnac Memories Fl. No. 3, Kothrud, Pune, Pune, Maharashtra, 411029
City: Pune
State: Maharashtra
Country: India
Website: https://www.stellarmr.com/report/Cassava-Bags-Market/1870
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