Press release
Compostable Packaging Materials Market to Grow USD 2.53 Bn by 2030 at 4.3 % CAGR
Compostable Packaging Materials Market
Higher demand is emerging in regions driven by stringent plastic regulations, rising sustainability awareness, and packaging innovation.
Download PDF Brochure: https://www.maximizemarketresearch.com/request-sample/87381/
United States Growth
North America is a key market, supported by bans on single-use plastics and increasing composting infrastructure.
Trends & Opportunity: U.S. cities such as San Francisco, New York, and Portland have mandated compostable alternatives, boosting uptake.
Consolidation & Updation: BASF SE and Novamont are expanding U.S. operations; NatureWorks LLC recently ramped up PLA production capacity in Nebraska to meet growing demand.
Europe Opportunity
Europe leads globally with the highest market share in 2023.
Trends: EU-wide directives (SUP Directive, Green Deal) are fueling adoption of compostable paper and plastic alternatives.
Consolidation & Updation: Novamont SpA and TIPA-corp Ltd. formed a partnership in 2024 to co-develop PLA-film solutions. Smurfit Kappa launched a compostable pouch range tailored to EU food and cosmetics brands in early 2025.
Asia-Pacific Trends
APAC is the fastest-growing region, propelled by urbanization and environmental regulations.
Opportunity & Trends: China, India, Japan, and Southeast Asia are adopting compostable films and bags to curb plastic waste in retail and food service.
Consolidation: BASF SE and NatureWorks expanded joint ventures in China (2024) to build PLA compounding facilities. Mondi Group acquired a Thai compostable paper mill in 2023 to extend its footprint.
Middle East & Africa Consolidation
MEA is tapping into compostable packaging potential amid rising waste management needs.
Trends: Gulf countries are incorporating compostable trays and food-service items in hospitality and retail sectors.
Consolidation & Updation: Regional packaging firms are forging partnerships with global players-Mondi Group partnered with a UAE distributor in 2024 for compostable pouches.
Intrigued to explore the contents? Secure your hands-on sample copy of the report: https://www.maximizemarketresearch.com/request-sample/87381/
Key Recent Developments
Global market valued at USD 74.01 Bn in 2023, forecast to USD 113.88 Bn by 2030 at 6.5 % CAGR-suggesting a broader packaging trend.
In Nov 2024, UPM Specialty Papers and Eastman launched biopolymer-covered paper for compostable food packaging in Europe.
Ecovative Design introduced mushroom-based MycoComposite for home-compostable protective packaging in 2025.
Compostable Packaging Materials Market Segmentation:
by Material
Starch-based packing
Compostable Plastics
compostable paper
by Application
Boxes
Bags
Trays
Films
Pouches
by End user sectors
Food & Beverage
Household
Agriculture
Pharmaceuticals
Cosmetics & personal care products
Others
The food and beverage segment is anticipated to have the largest market share among end-user sectors, accounting for the total during the 2024-2030 projection period. Food and beverage companies have pushed for compostable packaging materials to lower greenhouse gas emissions in response to customer concerns about environmentally friendly products and government policies aimed at promoting pollution-free economic growth. Furthermore, the global market for biodegradable packing materials is anticipated to see growth in revenue due to the rising demand for these materials in the home and agricultural sectors.
For Customization of the report, please refer to this link: https://www.maximizemarketresearch.com/market-report/global-compostable-packaging-materials-market/87381/
Compostable Packaging Materials Market Key Players:
1. Novamont SpA
2. Tipa-corp ltd.
3. BASF SE
4. Innovia Films Limited
5. Biome Bioplastics Limited
6. NatureWorks LLC.
7. Kruger Inc.
8. Mondi Group
9. Biopac
10. Clearwater Paper Corporation
11. Amcor Ltd.
12. Smurfit Kappa Group
13. Tetra Pak International S.A
Uncover Trending Topics:
♦ Global Snow Sports Apparel Market https://www.maximizemarketresearch.com/market-report/global-snow-sports-apparel-market/53768/
♦ Global Household Care Wipe Market https://www.maximizemarketresearch.com/market-report/global-household-care-wipe-market/93256/
♦ Insulated Lunch Box Market https://www.maximizemarketresearch.com/market-report/insulated-lunch-box-market/187626/
♦ Wall Bed Market https://www.maximizemarketresearch.com/market-report/wall-bed-market/148486/
♦ Global Organic Personal Care Ingredients Market https://www.maximizemarketresearch.com/market-report/global-organic-personal-care-ingredients-market/111008/
♦ Global Cartoning Machines Market https://www.maximizemarketresearch.com/market-report/global-cartoning-machines-market/32376/
♦ Global Natural Dish Washing Products Market https://www.maximizemarketresearch.com/market-report/global-natural-dish-washing-products-market/83632/
♦ Organic Makeup Remover Market https://www.maximizemarketresearch.com/market-report/global-organic-makeup-remover-market/72546/
♦ Global Home Entertainment Devices Market https://www.maximizemarketresearch.com/market-report/global-home-entertainment-devices-market/85046/
Contact Us:
MAXIMIZE MARKET RESEARCH PVT. LTD.
2nd Floor, Navale IT park Phase 3,
Pune Banglore Highway, Narhe
Pune, Maharashtra 411041, India.
+91 9607365656
sales@maximizemarketresearch.com
About Us:
Maximize Market Research is one of the fastest-growing market research and business consulting firms serving clients globally. Our revenue impact and focused growth-driven research initiatives make us a proud partner of majority of the Fortune 500 companies. We have a diversified portfolio and serve a variety of industries such as IT & telecom, chemical, food & beverage, aerospace & defense, healthcare and others.
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 Materials Market to Grow USD 2.53 Bn by 2030 at 4.3 % CAGR here
News-ID: 4111858 • Views: …
More Releases from Maximize Market Research Pvt. Ltd.
Automotive Haptic Technology Market Growth Forecast 2025-2032 Overview (USD 6.50 …
Automotive Haptic Technology Market size was valued at USD 4.30 Billion in 2024 and the total Global Automotive Haptic Technology Market revenue is expected to grow at a CAGR of 5.3% from 2025 to 2032, reaching nearly USD 6.50 Billion, rising demand for advanced infotainment systems.
Automotive Haptic Technology Market Overview:
The Automotive Haptic Technology Market is witnessing significant growth as automakers increasingly focus on enhancing driver engagement, safety, and comfort. Haptic…
Clinical Trials Market Set to Reach USD 88.26 Billion by 2032 with a 6.13% CAGR …
According to a new report by Maximize Market Research, the global Clinical Trials Market was valued at USD 54.83 billion in 2024 and is projected to reach USD 88.26 billion by 2032, growing at a CAGR of 6.13%. A major surge in biopharmaceutical R&D and oncology-focused studies is driving the global clinical trials market toward nearly USD 88.26 billion by 2032 at a 6.13% CAGR.
► Get a sample of the…
Turbo Trainer Market to Reach USD 421.03 Million by 2032, Growing at a CAGR of 5 …
Turbo Trainer Market size was valued at USD 281.52 Mn. in 2024 and the total Turbo Trainer revenue is expected to grow at 5.16% through 2025 to 2032, reaching nearly USD 421.03 Mn.
Turbo Trainer Market Overview:
The Turbo Trainer Market is witnessing significant growth as fitness enthusiasts increasingly adopt indoor cycling equipment for year-round training. Turbo trainers, which allow users to convert regular bicycles into stationary exercise machines, have become essential…
Sodium Acetate Market to Reach USD 354.24 Million by 2032, Growing at a CAGR of …
Sodium Acetate Market size was valued at USD 206.17 Million in 2024, and the total revenue is expected to grow at CAGR of 7 % from 2025 to 2032, reaching nearly USD 354.24 Million.
Sodium Acetate Market Overview:
The Sodium Acetate Market is experiencing steady growth due to its widespread applications across industries such as food and beverage, pharmaceuticals, textiles, and chemical manufacturing. Sodium acetate, a versatile salt of acetic acid, is…
More Releases for Compostable
How Compostable PLA Straws Help the Environment
Compostable PLA straw [https://www.naturecutlery.com/qh-st-5-5-x-200-mm-biodegradable-pla-drinking-straw-in-bulk-package-2-product/]s are emerging as one of the key solutions to the global plastic crisis. Made from renewable materials like corn starch, these straws are an eco-friendly alternative to traditional plastic straws. Here's a closer look at how compostable PLA straws can have a positive impact on the environment and why they're a smart choice for businesses focused on sustainability.
1. Reduce Plastic Waste Accumulation
Traditional plastic straws are single-use…
Compostable Plastic Market Stunning at 12.3% CAGR
A new business intelligence report released by USD Analytics with the title "Global Compostable Plastic Market Report 2030 " has abilities to rise as the most significant market worldwide as it has remained playing a remarkable role in establishing progressive impacts on the universal economy. The Global Compostable Plastic Market Report offers energetic visions to conclude and study the market size, market hopes, and competitive surroundings. The research is derived…
The Environmental Impact of Compostable Plastics
Allied Market Research published a report, titled, "Compostable Plastic Market by Type (Home Compostable Plastic [BioPBS FD92, BWC BF 90A, Ecopond Flex 162], and others), and by Application (Compostable cutlery, Compostable bag, Compostable straw, Compostable gloves, Compostable cup (cold cup), Compostable tray/dish): Opportunity Analysis and Industry Forecast, 2020-2027." According to the report, the global compostable plastic industry generated $991.2 million in 2019, and is expected to reach $3.10 billion by…
Compostable Straws Market | Aardvark, Bambuhome, Biopak, Bygreen
The global compostable straws market report is a comprehensive report that provides a detailed analysis of the current status and future trends of the compostable straws market worldwide. This report provides valuable information to industry stakeholders by offering an in-depth perspective on market dynamics, competitive landscape, growth opportunities, and key challenges faced by industry participants.
From the perspective of market dynamics, this report explores the factors driving the growth of the…
North America Compostable Foodservice Packaging Market
The compostable foodservice packaging market in North America was valued at US$ 4,051.36 million in 2019 and is projected to reach US$ 6,139.42 million by 2027; it is expected to grow at a CAGR of 5.5% from 2020 to 2027.
According to The Business Market Insights North America Compostable Foodservice Packaging Market report 2027, discusses various factors driving or restraining the market, which will help the future market to grow…
Modwrap revolutionizes Clothing Industry with Compostable Packaging
Modwrap, a leading packaging company, is proud to announce the launch of our new line of compostable bags for the clothing industry. We understand the impact that traditional packaging materials have on the environment and are committed to providing sustainable solutions for our customers.
The clothing industry is one of the largest contributors to pollution and waste, and packaging is a significant part of that problem. Traditional packaging materials, such as…
