Press release
Eco-friendly Plastic Bags Research:CAGR of 4.2% during the forecast period.
The global market for Eco-friendly Plastic Bags was estimated to be worth US$ 2028 million in 2024 and is forecast to a readjusted size of US$ 3148 million by 2031 with a CAGR of 6.6% during the forecast period 2025-2031.
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https://www.qyresearch.com/reports/3430460/eco-friendly-plastic-bags
Eco-friendly Plastic Bags Market Summary
Eco-friendly plastic bags are biodegradable, compostable, or recyclable alternatives to traditional single-use plastic bags that are designed to minimize environmental impact and reduce plastic pollution. These bags are made from renewable or biodegradable materials that break down more easily in the environment compared to conventional plastic bags.
According to the new market research report "Global Eco-friendly Plastic Bags Market Report 2024-2030", published by QYResearch, the global Eco-friendly Plastic Bags market size is projected to reach USD 3.03 billion by 2030, at a CAGR of 4.2% during the forecast period.
Global Eco-friendly Plastic Bags MarketSize(US$ Million), 2019-2030
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Above data is based on report from QYResearch: Global Eco-friendly Plastic Bags Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.
Global Eco-friendly Plastic Bags Top12 Players Rankingand Market Share (Ranking is based on the revenue of 2023, continually updated)
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Above data is based on report from QYResearch: Global Eco-friendly Plastic Bags Market Report 2024-2030 (published in 2024). If you need the latest data, plaese contact QYResearch.
According to QYResearch Top Players Research Center, the global key manufacturers of Eco-friendly Plastic Bags include BioBag, Walki Plastiroll Oy, RKW Group, Jiangsu Torise biomaterials, JUNER Plastic packaging, etc. In 2023, the global top five players had a share approximately 12.0% in terms of revenue.
Eco-friendly Plastic Bags,Global Market Size, Split by Product Segment
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Based on or includes research from QYResearch: Global Eco-friendly Plastic Bags Market Report 2024-2030.
In terms of product type, currently Starch Blends is the largest segment, hold a share of 42.7%.
In terms of product application, currently Convenient for Shopping is the largest segment, hold a share of 27.0%.
Market Drivers for Eco-friendly Plastic Bags:
Environmental Awareness: Increasing awareness of plastic pollution and its impact on ecosystems, marine life, and human health is driving consumer demand for sustainable and eco-friendly alternatives to traditional plastic bags.
Regulatory Initiatives: Government regulations and policies aimed at reducing single-use plastic waste, promoting recycling, and encouraging the use of biodegradable materials are creating market opportunities for eco-friendly plastic bags as compliant alternatives.
Corporate Sustainability Goals: Businesses and retailers are prioritizing sustainability initiatives and adopting eco-friendly practices in their operations, including the use of environmentally friendly packaging solutions such as biodegradable plastic bags to meet consumer expectations and corporate sustainability targets.
Consumer Preference: Changing consumer preferences towards eco-conscious products and brands are influencing purchasing decisions, leading to a shift towards eco-friendly plastic bags that align with sustainability values and eco-friendly packaging options.
Brand Reputation: Companies seeking to enhance their brand image, differentiate themselves in the market, and demonstrate corporate responsibility are opting for eco-friendly packaging solutions, including biodegradable plastic bags, to strengthen their sustainability credentials.
Market Challenges for Eco-friendly Plastic Bags:
Cost of Production: The production costs of eco-friendly plastic bags made from biodegradable or compostable materials are often higher than traditional plastic bags, posing a challenge for manufacturers and retailers in terms of pricing and profitability.
Performance and Durability: Ensuring that eco-friendly plastic bags maintain sufficient strength, durability, and usability while meeting biodegradability or compostability requirements can be a challenge, as the balance between sustainability and functionality needs to be maintained.
Waste Management Infrastructure: The lack of adequate waste management infrastructure for compostable or biodegradable materials in some regions can hinder the proper disposal and recycling of eco-friendly plastic bags, limiting their environmental benefits.
Consumer Education: Educating consumers about the proper disposal methods, recycling options, and benefits of eco-friendly plastic bags is essential to promote adoption and ensure that these bags are disposed of correctly to maximize their environmental impact.
Supply Chain Considerations: Ensuring a consistent supply of raw materials, production efficiency, and supply chain sustainability for eco-friendly plastic bags can be challenging, requiring collaboration with suppliers, certification bodies, and stakeholders in the value chain.
Industry Standards and Certification: Meeting industry standards, certifications, and regulatory requirements for eco-friendly plastic bags, such as compostability certifications or biodegradability standards, can pose challenges for manufacturers in terms of compliance and verification processes.
The report provides a detailed analysis of the market size, growth potential, and key trends for each segment. Through detailed analysis, industry players can identify profit opportunities, develop strategies for specific customer segments, and allocate resources effectively.
The Eco-friendly Plastic Bags market is segmented as below:
By Company
BioBag
Walki Plastiroll Oy
RKW Group
Jiangsu Torise biomaterials
JUNER Plastic packaging
Chnpack
Symphony Polymers
EnviGreen
XCBIO
Polybags
BioPak
Scanlux Packaging
Segment by Type
Polylactic acid (PLA)
Polyhydroxyalkanoate (PHA)
Starch Blends
Others
Segment by Application
Food Packaging
Industrial Packaging
Convenient for Shopping
Garbage Containing
Others
Each chapter of the report provides detailed information for readers to further understand the Eco-friendly Plastic Bags market:
Chapter 1: Introduces the report scope of the Eco-friendly Plastic Bags report, global total market size (valve, volume and price). This chapter also provides the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry. (2020-2031)
Chapter 2: Detailed analysis of Eco-friendly Plastic Bags manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc. (2020-2025)
Chapter 3: Provides the analysis of various Eco-friendly Plastic Bags market segments by Type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments. (2020-2031)
Chapter 4: Provides the analysis of various market segments by Application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.(2020-2031)
Chapter 5: Sales, revenue of Eco-friendly Plastic Bags in regional level. It provides a quantitative analysis of the market size and development potential of each region and introduces the market development, future development prospects, market space, and market size of each country in the world..(2020-2031)
Chapter 6: Sales, revenue of Eco-friendly Plastic Bags in country level. It provides sigmate data by Type, and by Application for each country/region.(2020-2031)
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc. (2020-2025)
Chapter 8: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 9: Conclusion.
Benefits of purchasing QYResearch report:
Competitive Analysis: QYResearch provides in-depth Eco-friendly Plastic Bags competitive analysis, including information on key company profiles, new entrants, acquisitions, mergers, large market shear, opportunities, and challenges. These analyses provide clients with a comprehensive understanding of market conditions and competitive dynamics, enabling them to develop effective market strategies and maintain their competitive edge.
Industry Analysis: QYResearch provides Eco-friendly Plastic Bags comprehensive industry data and trend analysis, including raw material analysis, market application analysis, product type analysis, market demand analysis, market supply analysis, downstream market analysis, and supply chain analysis.
and trend analysis. These analyses help clients understand the direction of industry development and make informed business decisions.
Market Size: QYResearch provides Eco-friendly Plastic Bags market size analysis, including capacity, production, sales, production value, price, cost, and profit analysis. This data helps clients understand market size and development potential, and is an important reference for business development.
Other relevant reports of QYResearch:
Global Eco-friendly Plastic Bags Market Research Report 2025
Household Eco-friendly Plastic Bags- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
Global Household Eco-friendly Plastic Bags Market Research Report 2025
Eco-friendly Plastic Bags for Food and Industrial Packaging- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
Global Eco-friendly Plastic Bags for Food and Industrial Packaging Market Research Report 2025
Eco-friendly Plastic Bags for Shopping and Garbage Containing- Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031
Global Eco-friendly Plastic Bags for Shopping and Garbage Containing Market Research Report 2025
Global Eco-friendly Plastic Bags Industry Research Report, Growth Trends and Competitive Analysis 2024-2030
Global Eco-friendly Plastic Bags Market Size, Manufacturers, Supply Chain, Sales Channel and Clients, 2024-2030
Global Eco-friendly Plastic Bags Market Insights, Forecast to 2030
Eco-friendly Plastic Bags - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global Eco-friendly Plastic Bags Market Research Report 2024
Global Household Eco-friendly Plastic Bags Market Insights, Forecast to 2030
Global Eco-friendly Plastic Bags and Sacks Market Insights, Forecast to 2030
Global Household Eco-friendly Plastic Bags Market Research Report 2024
Household Eco-friendly Plastic Bags - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
Global Eco-friendly Plastic Bags and Sacks Market Research Report 2024
Global Biodegradable Eco-friendly Plastic Bags Market Insights, Forecast to 2030
Global Biodegradable Eco-friendly Plastic Bags Market Research Report 2024
Biodegradable Eco-friendly Plastic Bags - Global Market Share and Ranking, Overall Sales and Demand Forecast 2024-2030
About Us：
QYResearch founded in California, USA in 2007, which is a leading global market research and consulting company. Our primary business include market research reports, custom reports, commissioned research, IPO consultancy, business plans, etc. With over 18 years of experience and a dedicated research team, we are well placed to provide useful information and data for your business, and we have established offices in 7 countries (include United States, Germany, Switzerland, Japan, Korea, China and India) and business partners in over 30 countries. We have provided industrial information services to more than 60,000 companies in over the world.
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