Press release
Compostable Packaging Market Size Forecasted To Achieve $137.26 Billion By 2029 With Steady Growth
Compostable Packaging
What Is the Compostable Packaging Market Size and Projected Growth Rate?
The compostable packaging market has shown strong growth in recent years. It will grow from $92.56 billion in 2024 to $100.44 billion in 2025 at a CAGR of 8.5%. The growth drivers include increased consumer awareness of environmental impact, regulatory pushes to reduce plastic waste, the rise of bio-based materials, trends toward eco-friendly products, and corporate sustainability initiatives.
The compostable packaging market is predicted to grow to $137.26 billion by 2029, at a CAGR of 8.1%. Growth drivers include stricter regulations on plastic use, the rising demand for sustainable packaging, advancements in compostable materials, the growing food and beverage sector, and increasing investment in circular economy solutions. Key trends include expanding composting infrastructure, IoT integration in compostable products, technological advances in materials, adoption in e-commerce and food delivery, and the shift to multi-layer compostable films.
Purchase the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=16658
What Are the Major Segments in the Compostable Packaging Market?
The compostable packaging market covered in this report is segmented -
1) By Material: Polylactic Acid (PLA), Wheat Straw Fiber, Talc-Filled Polylactic Acid (TPLA) And Crystallized Polylactic Acid (CPLA), Cellulose, Bamboo, Polyhydroxyalkanoate (PHA), Other Materials
2) By Application: Bags, Pouches, Trays, Tapes, Mailer Bags, Films, Clamshells
3) By End Use: Food And Beverages, Pharmaceuticals, Personal Care And Cosmetics, Other End Uses
Subsegments:
1) By Polylactic Acid (PLA): PLA-Based Films, PLA-Coated Papers, PLA Containers and Trays
2) By Wheat Straw Fiber: Wheat Straw Paper and Board, Wheat Straw-Based Molded Packaging
3) By Talc-Filled Polylactic Acid (TPLA) and Crystallized Polylactic Acid (CPLA): TPLA-Based Packaging, CPLA-Based Cutlery, Cups, and Containers
4) By Cellulose: Cellulose Films, Cellulose-Based Wraps and Containers, Cellulose Fiber Packaging
5) By Bamboo: Bamboo Fiber Packaging, Bamboo Trays, Plates, and Cutlery, Bamboo-Based Containers
6) By Polyhydroxyalkanoate (PHA): PHA-Based Films and Wraps, PHA Containers and Packaging
7) By Other Materials: Mushroom Packaging, Seaweed-Based Packaging, Palm Leaf Packaging, Cornstarch-Based Packaging
Get your free sample here:
https://www.thebusinessresearchcompany.com/sample.aspx?id=16658&type=smp
What Are The Driving Compostable Packaging Market Evolution?
The increasing food and beverage industry is projected to boost the compostable packaging market. This industry involves producing and selling food and drinks, driven by factors like population growth, changing consumer preferences, and innovations in products and distribution. Compostable packaging is needed to reduce plastic waste, meet consumer demand for eco-friendly products, and comply with sustainability regulations. According to a report by Statistics Sweden in September 2022, the revenue from food and beverage sales increased by 2.9%, reaching $37.44 billion. Therefore, the expansion of the food and beverage industry is driving the compostable packaging market.
Which Firms Dominate The Compostable Packaging Market Segments?
Major companies operating in the compostable packaging market are BASF SE, Mitsubishi Chemical Corporation, WestRock Company, International Paper Company, Amcor Plc, Smurfit Kappa, Stora Enso, DS Smith, Mondi Plc, Rengo Co. Ltd, Huhtamaki Oyj, Klabin SA, Clearwater Paper Corporation, Holmen Iggesund, Carvajal Empaques S.A., Vegware Ltd., NatureWorks LLC, Plantic Technologies Ltd., Novamont SpA, SmartSolve LLC, TIPA Corp., Biome Technologies Plc, Total Corbion PLA BV, Reyma Oficial, Ultra-Green Packaging Inc.
What Trends Are Driving Growth in The Compostable Packaging Market?
Companies in the compostable packaging market are advancing sustainable solutions, such as flexible compostable packaging, to improve both the performance and environmental footprint of their products. For example, in September 2024, Pakka, a Switzerland-based company, introduced a line of flexible compostable packaging specifically designed for the FMCG sector, including three options for transporting premium food products.
Get the full report for exclusive industry analysis:
https://www.thebusinessresearchcompany.com/report/compostable-packaging-global-market-report
Which Is The Largest Region In The Compostable Packaging Market?
North America was the largest region in the compostable packaging market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the compostable packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Compostable Packaging Market?
2. What is the CAGR expected in the Compostable Packaging Market?
3. What Are the Key Innovations Transforming the Compostable Packaging Industry?
4. Which Region Is Leading the Compostable Packaging Market?
Why This Report Matters:
Competitive overview: This report analyzes the competitive landscape of the 3D imaging software market, evaluating key players on market share, revenue, and growth factors.
Informed Decisions: Understand key strategies related to products, segmentation, and industry trends.
Efficient Research: Quickly identify market growth, leading players, and major segments.
Connect with us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company,
Twitter: https://twitter.com/tbrc_info,
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ.
Contact Us
Europe: +44 207 1930 708,
Asia: +91 88972 63534,
Americas: +1 315 623 0293 or
Email: mailto:info@tbrc.info
Learn More About The Business Research Company
With over 15,000+ reports from 27 industries covering 60+ geographies, The Business Research Company has built a reputation for offering comprehensive, data-rich research and insights. Our flagship product, the Global Market Model delivers comprehensive and updated forecasts to support informed decision-making.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Compostable Packaging Market Size Forecasted To Achieve $137.26 Billion By 2029 With Steady Growth here
News-ID: 4036078 • Views: …
More Releases from The Business Research Company
Future Perspective: Key Trends Shaping the Signal Conditioning Modules Market Up …
The signal conditioning modules market is on track for significant expansion over the coming years, driven by advancements in various industrial and technological sectors. This growth reflects the increasing need for precise signal management and integration with emerging smart technologies that are shaping modern automation and data acquisition systems.
Projected Growth Trajectory of the Signal Conditioning Modules Market
The signal conditioning modules market is anticipated to reach a valuation of $1.77…
Emerging Sub-Segments Transforming the Set-Top Box Market Dynamics
The set-top box market is on the cusp of significant expansion as technology and consumer preferences continue to evolve rapidly. With the increasing demand for advanced streaming and broadcasting solutions, this sector is poised for substantial growth over the coming years. Let's explore the market's projected size, leading companies, key trends, and the segments driving this development.
Projected Market Growth of the Set-Top Box Industry by 2030
The set-top box market…
Market Trend Analysis: The Impact of Recent Innovations on the Semiconductor Waf …
The semiconductor wafer sector is gearing up for significant expansion as technological advancements and diverse industry demands drive its growth. With applications spanning from electric vehicles to telecommunications, this market is positioned for steady development in the years ahead. Let's explore the anticipated market size, key players, emerging trends, and segmentation details shaping the future of this vital industry.
Projected Market Size and Growth Trajectory of the Semiconductor Wafer Market
Forecasts…
Leading Companies Reinforce Their Presence in the Semiconductor Manufacturing Eq …
The semiconductor manufacturing equipment market is poised for significant expansion as the demand for high-performance chips and advanced packaging technologies continues to grow. This evolving sector is driven by technological progress and increased investments, setting the stage for substantial developments through 2030.
Projected Semiconductor Manufacturing Equipment Market Size and Growth
The semiconductor manufacturing equipment market is forecasted to reach a value of $196.07 billion by 2030, growing at a compound annual…
More Releases for Packaging
Personalized Packaging Market 2019 By Key Players: Owens Illinois, Salazar Packa …
Personalized Packaging Market research report delivers a close watch on leading competitors with strategic analysis, micro and macro market trend and scenarios, pricing analysis and a holistic overview of the market situations in the forecast period.
Download PDF Sample of this Report @
http://www.supplydemandmarketresearch.com/home/contact/277379?ref=Sample-and-Brochure&toccode=SDMRCH277379&utm_source=S2
The following manufacturers are covered:
Owens Illinois
Salazar Packaging
Design Packaging
PrimeLine Packaging
International Packaging
Elegant Packaging
Pak Factory
ABOX Packaging
ACG Ecopak
CB Group
SoOPAK Company
Huhtamaki…
E-Commerce Packaging Market by Top Key Players - Pioneer Packaging, Arihant pack …
E-commerce packaging involves the use of materials for safe packaging of products sold by the e-commerce industry. E-commerce packaging plays a vital role in the consumers' perception about the e-retailer. It also indicates the perceived value of the item received. Packaging reflects the value of shipment in the e-commerce supply chain, that is, better the packaging, better the product inside it.
Get Sample Copy of this Report @ https://www.bigmarketresearch.com/request-sample/2904563
The E-Commerce…
Luxury Packaging Market 2019 SWOT Analysis By Top Key Players; MW Luxury Packagi …
Luxury Packaging Market report provides an in-depth overview of product specification, technology, product type and production analysis considering major factors such as revenue, cost, gross and gross margin. The company profiles of all the key players and brands that are dominating the Luxury Packaging Market with moves like product launches, joint ventures, merges and accusations which in turn is affecting the sales, import, export, revenue and CAGR values are mentioned…
Global Luxury Packaging Market 2019 Top Key Players: MW Luxury Packaging, Progre …
Summary
WiseGuyReports.com adds “Luxury Packaging Market 2019 Global Analysis, Growth, Trends and Opportunities Research Report Forecasting to 2024” reports to its database.
This report provides in depth study of “Luxury Packaging Market” using SWOT analysis i.e. Strength, Weakness, Opportunities and Threat to the organization. The Luxury Packaging Market report also provides an in-depth survey of key players in the market which is based on the various objectives of an organization such as…
Top Manufacturer in Luxury Packaging Market 2019: MW Luxury Packaging, Progress …
Luxury packaging is used for packaging and decorating high-end products.An increase in the luxury product consumption rate and the number of product launches in the fashion and cosmetic sectors are some major factors driving the market growth.
The global Luxury Packaging market is valued at xx million US$ in 2018 and will reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025. The objectives…
Personalized Packaging Market 2025 | Design Packaging, Inc., PrimeLine Packaging …
As per the new market report published by Research Report Insights titled ‘Personalized Packaging Market’: Global Industry Analysis and Forecast 2017-2025’, global personalized packaging market attained a value worth US$ 25,577.9 Mn in 2017 and will possibly thrive at a promising CAGR of 5.1% over the forecast period (2017-2025). The global personalized packaging market has witnessed solid growth during the past few decades, owing to the increasing trend of luxury…
