PUBLISHER: Grand View Research | PRODUCT CODE: 1611737
PUBLISHER: Grand View Research | PRODUCT CODE: 1611737
The global biodegradable plastic films market size is estimated to reach USD 1,741.13 million by 2030, registering to grow at a CAGR of 4.47% from 2025 to 2030 according to a new report by Grand View Research, Inc. Rising consumer awareness of pollution and environmental degradation, along with various governmental initiatives to maintain the integrity and safety of the environment, are likely to drive the market over the forecast period.
Biodegradable films are produced with biodegradable additives during the manufacturing process. These additives are composed of polysaccharides, fatty components, and proteins, which aid in the degradation of the plastic. Increased consumer awareness of plastic pollution and its severe environmental consequences is predicted to drive demand for more sustainable packaging solutions, including biodegradable films.
The development in the agriculture industry mainly in Asia Pacific countries including India, Japan, Indonesia, and China, is expected to create demand for biodegradable plastic films in the industry. Organic mulching materials are biodegradable films produced from plants and animals that offer advantages such as weed control, soil structure preservation, and crop pollution protection.
Biodegradable plastic films are expected to be ideal alternatives to traditional plastic films owing to their sustainability, nontoxicity, and environmentally friendly characteristics. Increasing consumer preferences, government rules, and company standards are likely to boost biodegradable plastic films over the forecast period. Furthermore, biodegradable plastic films are commonly utilized in the food industry for food packaging, which helps to maintain product quality. It provides durability and printability.