Top Market Shifts Transforming the Biodegradable Paper and Plastic Packaging Market Landscape: Key Insights

Use code ONLINE30 to get 30% off on global market reports and stay ahead of tariff changes, macro trends, and global economic shifts.

What Is the Expected CAGR for the Biodegradable Paper and Plastic Packaging Market Through 2025?
Over the past few years, we've witnessed a significant expansion in the size of the biodegradable paper and plastic packaging market. It is projected to rise from $12.97 billion in 2024 to $14.12 billion in 2025, witnessing a compound annual growth rate (CAGR) of 8.9%. The historical growth can be credited to an increase in consumer demand for a variety of products, economical efficiency and scalability, focus on core skills, and environmental considerations.

What's the Projected Size of the Global Biodegradable Paper and Plastic Packaging Market by 2029?
Projected expansion in the biodegradable paper and plastic packaging sector is anticipated to be swift in the upcoming years, with an estimated value of $21.47 billion in 2029, demonstrating a compound annual growth rate (CAGR) of 11.0%. The expansion projected in this period can be traced back to various factors including customer inclinations, business sustainability programs, amplified investments, associations, and partnerships. Key trends identified during this forecasted period encompass increased ecological awareness, regulatory impetus for sustainability, advancements in biodegradable substance development, evolutionary consumer preferences, technological progress in manufacturing processes, alliances, and collaborations.

View the full report here:
https://www.thebusinessresearchcompany.com/report/biodegradable-paper-and-plastic-packaging-global-market-report

Top Growth Drivers in the Biodegradable Paper and Plastic Packaging Industry: What's Accelerating the Market?
The growth of the biodegradable paper and plastic packaging market is anticipated to be fueled by an increasing preference for environmentally friendly products. Such products are those that pose minimum harm to the environment. There has been a noticeable shift in customer preferences towards these eco-friendly packaging solutions due to reasons such as environmental awareness, health and safety considerations, fulfilling corporate social responsibility, and compliance with regulations. Such packaging makes use of alternative, recyclable, or biodegradable materials. As cited by Blue Yonder, a US digital supply chain company, in March 2028, an astonishing 69 percent of survey participants stated they were willing to pay a premium for sustainable products while only 4 percent were agreeable to a price increase of 20 percent. Furthermore, there was a heightened attention towards sustainability among 48 percent of respondents over the past year. Hence, the increasing inclination towards environmentally friendly products propels the expansion of the biodegradable paper and plastic packaging sector.

Get your free sample here:
#Claim Your Free Sample Report:#

What Trends Will Shape the Biodegradable Paper and Plastic Packaging Market Through 2029 and Beyond?
The growth of product innovation is a notable trend rising to popularity in the biodegradable paper and plastic packaging industry. Leading entities in the market are putting a strong emphasis on the development of innovative technologies, such as plant-based plastics that are biodegradable, digital printing, edible packaging, compostable packaging, recyclable packaging, and the application of nanotechnology in packaging. An example of this is found in February 2023 when ProAmpac, a flexible packaging firm based in the US, introduced ProActive Recyclable Paper-1000, a fresh curbside recyclable paper-based packaging. This product is uniquely designed to be heat-sealable and boasts excellent directional tear standards, alongside an effective moisture barrier. It offers a high-performance solution, perfect for frozen food applications and secondary packaging purposes and possesses the perfect rigidity for an improved shelf look and a superior moisture barrier.

What Are the Main Segments in the Biodegradable Paper and Plastic Packaging Market?
The biodegradable paper and plastic packaging market covered in this report is segmented -

1) By Type: Starch Based Plastic, Cellulose Based Plastic, Polylactic Acid (PLA), Polyhydroxyalkanoates (PHA), Other Types
2) By Material: Paper, Plastic
3) By Application: Beverage Packaging, Personal And Home Care Packaging, Electronic Appliance Packaging, Food Packaging, Pharmaceutical Packaging, Other Applications

Subsegments:
1) By Starch Based Plastic: Thermoplastic Starch (TPS), Starch Blends
2) By Cellulose Based Plastic: Cellulose Acetate, Cellulose Nitrate
3) By Polylactic Acid (PLA): Inherent Viscosity PLA, Low Molecular Weight PLA
4) By Polyhydroxyalkanoates (PHA): Short-Chain PHA, Medium-Chain PHA
5) By Other Types: Algae-Based Plastics, Protein-Based Plastics

Tailor your insights and customize the full report here:
https://www.thebusinessresearchcompany.com/customise?id=10023&type=smp

Which Top Companies are Driving Growth in the Biodegradable Paper and Plastic Packaging Market?
Major companies operating in the biodegradable paper and plastic packaging market include Riverside Paper Co Inc., SmartSolve Industries, Ultragreen, Tetra Pak Private Limited, Kruger Inc., Amcor PLC, Mondi plc, International Paper, Smurfit Kappa Group, WestRock Company, BASF SE, Stora Enso Oyj, Rock-Tenn Company, DS Smith plc, BagInCo International, Reynolds Group, Plastic Suppliers Inc., Huhtamaki Oyj, Innovia Films, Futamura Chemical Co. Ltd., NatureWorks LLC, Novamont S.p.A., Biopac UK Ltd., Vegware Ltd., Eco-Products Inc., Genpak LLC, Pactiv LLC, Be Green Packaging LLC, Green Century Enterprises Inc., BIO-ON S.p.A., TIPA Corp., Taghleef Industries

Which Regions Will Dominate the Biodegradable Paper and Plastic Packaging Market Through 2029?
Asia-Pacific was the largest region in the biodegradable paper and plastic packaging market in 2024. The regions covered in the biodegradable paper and plastic packaging market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Purchase the full report today:
https://www.thebusinessresearchcompany.com/purchaseoptions.aspx?id=10023

This Report Supports:
1.Business Leaders & Investors - To identify growth opportunities, assess risks, and guide strategic decisions.
2.Manufacturers & Suppliers - To understand market trends, customer demand, and competitive positioning.
3.Policy Makers & Regulators - To track industry developments and align regulatory frameworks.
4.Consultants & Analysts - To support market entry, expansion strategies, and client advisory work.

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
Saumya Sahey
Europe: +44 7882 955267,
Asia: +44 7882 955267 & +91 8897263534,
Americas: +1 310-496-7795
Email: saumyas@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.