Global Biodegradable Plastic Packaging Market Research Report Type (Starch Based plastic, Cellulose Based Plastics, Polylactic Acid, and Polyhydroxyalkanoates ), Application, and Region

Description

List of Tables

Global Biodegradable Plastic Packaging Market Research Report Type (Starch Based plastic, Cellulose Based Plastics, Polylactic Acid (PLA), and Polyhydroxyalkanoates (PHA)), Application (Food and Beverage, Pharmaceutical, and Personal/Homecare), and Region (North America, Europe, Asia-Pacific, Middle East & Africa, and Rest of the World) - Forecast till 2030

Market Overview

During the forecast period, the Biodegradable Plastic Packaging industry is anticipated to expand at a compound annual growth rate (CAGR) of 12.9%. Packaging is frequently employed for advertising purposes and facilitates product transportation and distribution. A promising alternative to plastic packaging is biodegradable packaging, which is composed of natural constituents such as starch, cellulose, protein, and vegetable oil. In response to government regulations, numerous retailers have implemented the use of biodegradable plastic bags and recycled paper to package their products.

The substantial decrease in carbon emissions generated during the manufacturing process in comparison to conventional plastic is one of the most apparent benefits of employing biodegradable polymers to manufacture plastic bags. It is imperative to compost or recycle biodegradable plastics to guarantee that the plastic particles decompose optimally and facilitate natural decomposition. It is anticipated that the biodegradable plastic packaging industry will experience substantial growth in the years ahead. Biodegradable polymers derived from these sources are typically renewable and contribute to the preservation of a sustainable environment. Traditional packaging plastics are hazardous, non-biodegradable, and contribute to air pollution, water contamination, and global warming. It is anticipated that the demand for biodegradable plastics from end-use industries, in conjunction with the expansion of emergent economies, will present biodegradable plastics manufacturers with significant opportunities. In order to mitigate environmental and economic concerns, an increasing number of food and beverage manufacturers are transitioning to biodegradable plastics. The packaging industry is experiencing a demand for biodegradable polymers because of the increased governmental regulations that are requiring businesses to reduce their carbon footprint. Nevertheless, the biodegradable plastic packaging sector is unable to expand at a rate that is comparable to that of its traditional counterpart due to the exorbitant prices. The biodegradable plastic packaging industry is experiencing a surge in growth because of the expansion of government initiatives.

Marketing Segmentation

The global market for biodegradable plastic packaging has been segmented based on geography, application, and product. The biodegradable plastic packaging market is categorized by type, which includes starch-based plastics, cellulose-based plastics, polylactic acid (PLA), polyhydroxyalkanoates (PHA), and others.

The biodegradable plastic packaging market is segmented into four applications: pharmaceutical, personal/homecare, food and beverage, and others.

Analysis of the Region

North America, Europe, Asia Pacific, and the remainder of the globe comprise the biodegradable plastic market. The Asia-Pacific region has the largest market for biodegradable plastic, with Europe following closely behind. This is due to the prosperous food and beverage and healthcare industries in these regions. The Asia-Pacific biodegradable plastic market is primarily dominated by China because of the product's low cost and the presence of numerous manufacturers in the region. Additionally, the demand for biodegradable plastic has been bolstered by fluctuations in oil prices and changes in legislation that regulate the use of petroleum-based plastics in Asia and Europe.

The demand for biodegradable plastic in North America is anticipated to increase, resulting in the highest growth rate. The North American biodegradable plastic packaging market will be driven by an increasing number of key players in the region, including Plastic Suppliers Inc. (US), International Paper Company (US), Smurfit Kappa Group PLC (US), WestRock Company (US), and Bemis Company Inc., during the forecast period. Important market drivers include the growing number of research activities in the region and the availability of specialists in the field. Additionally, the country segment of the study encompasses specific market-influencing factors and modifications in domestic regulations that influence the market's present and future trends.

Primary Players

Tetra Pak International SA (Switzerland), Kruger Inc. (Canada), Amcor PLC (Switzerland), Plastic Suppliers Inc. (US), Mondi PLC (UK), International Paper Company (US), DS Smith PLC (UK), Klabin SA (Brazil), Bemis Company Inc. (US), Rengo Co. Ltd. (Japan), Smurfit Kappa Group PLC (US), WestRock Company (US), Stora Enso (Sweden), and Rengo Co. Ltd.

Product Code: MRFR/PNT/9268-HCR

1. EXECUTIVE SUMMARY

2. MARKET INTRODUCTION

2.1. MARKET DEFINITION
2.2. SCOPE OF THE STUDY
2.3. MARKET STRUCTURE

3. RESEARCH METHODOLOGY

3.1. PRIMARY RESEARCH
3.2. SECONDARY RESEARCH
3.3. MARKET CAPACITY ESTIMATION
3.4. FORECAST MODEL
3.5. LIST OF ASSUMPTIONS
3.6. LIMITATIONS OF THE STUDY

4. MARKET INSIGHTS

5. MARKET DYNAMICS

5.1. INTRODUCTION
5.2. MARKET DRIVERS
5.3. MARKET RESTRAINTS
5.4. MARKET OPPORTUNITIES
5.5. PORTER'S FIVE FORCES ANALYSIS
- 5.5.1. THREAT OF NEW ENTRANTS
- 5.5.2. BARGAINING POWER OF BUYERS
- 5.5.3. BARGAINING POWER OF SUPPLIERS
- 5.5.4. THREAT OF SUBSTITUTES
- 5.5.5. INTENSITY OF RIVALRY
5.6. VALUE CHAIN/SUPPLY CHAIN ANALYSIS

6. GLOBAL BIODEGRADABLE PLASTIC PACKAGING MARKET, BY TYPE

6.1. INTRODUCTION
6.2. STARCH BASED PLASTIC
- 6.2.1. MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030
- 6.2.2. MARKET ESTIMATES & FORECAST, BY COUNTRY, 2022-2030
6.3. CELLULOSE BASED PLASTICS
- 6.3.1. MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030
- 6.3.2. MARKET ESTIMATES & FORECAST, BY COUNTRY, 2022-2030
6.4. POLYLACTIC ACID (PLA)
- 6.4.1. MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030
- 6.4.2. MARKET ESTIMATES & FORECAST, BY COUNTRY, 2022-2030
6.5. POLYHYDROXYALKANOATES (PHA)
- 6.5.1. MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030
- 6.5.2. MARKET ESTIMATES & FORECAST, BY COUNTRY, 2022-2030
6.6. OTHERS
- 6.6.1. MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030
- 6.6.2. MARKET ESTIMATES & FORECAST, BY COUNTRY, 2022-2030

7. GLOBAL BIODEGRADABLE PLASTIC PACKAGING MARKET, BY APPLICATION

7.1. INTRODUCTION
7.2. FOOD AND BEVERAGE
- 7.2.1. MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030
- 7.2.2. MARKET ESTIMATES & FORECAST, BY COUNTRY, 2022-2030
7.3. PHARMACEUTICAL
- 7.3.1. MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030
- 7.3.2. MARKET ESTIMATES & FORECAST, BY COUNTRY, 2022-2030
7.4. PERSONAL/HOMECARE
- 7.4.1. MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030
- 7.4.2. MARKET ESTIMATES & FORECAST, BY COUNTRY, 2022-2030
7.5. OTHERS
- 7.5.1. MARKET ESTIMATES & FORECAST, BY REGION, 2022-2030
- 7.5.2. MARKET ESTIMATES & FORECAST, BY COUNTRY, 2022-2030

7.5.3.

8. GLOBAL BIODEGRADABLE PLASTIC PACKAGING MARKET, BY REGION

8.1. OVERVIEW
8.2. NORTH AMERICA
- 8.2.1. MARKET ESTIMATES & FORECAST, BY TYPE, 2021-2028
- 8.2.2. MARKET ESTIMATES & FORECAST, BY APPLICATION, 2021-2028
- 8.2.3. MARKET ESTIMATES & FORECAST, BY COUNTRY, 2021-2028
- 8.2.4. US
  - 8.2.4.1. MARKET ESTIMATES & FORECAST, BY TYPE, 2021-2028
  - 8.2.4.2. MARKET ESTIMATES & FORECAST, BY APPLICATION, 2021-2028
- 8.2.5. CANADA
  - 8.2.5.1. MARKET ESTIMATES & FORECAST, BY TYPE, 2021-2028
  - 8.2.5.2. MARKET ESTIMATES & FORECAST, BY APPLICATION, 2021-2028
- 8.2.6. MEXICO
  - 8.2.6.1. MARKET ESTIMATES & FORECAST, BY TYPE, 2021-2028
  - 8.2.6.2. MARKET ESTIMATES & FORECAST, BY APPLICATION, 2021-2028
8.3. EUROPE
- 8.3.1. MARKET ESTIMATES & FORECAST, BY TYPE, 2021-2028
- 8.3.2. MARKET ESTIMATES & FORECAST, BY APPLICATION, 2021-2028
- 8.3.3. MARKET ESTIMATES & FORECAST, BY COUNTRY, 2021-2028
- 8.3.4. GERMANY
  - 8.3.4.1. MARKET ESTIMATES & FORECAST, BY TYPE, 2021-2028
  - 8.3.4.2. MARKET ESTIMATES & FORECAST, BY APPLICATION, 2021-2028
- 8.3.5. UK
  - 8.3.5.1. MARKET ESTIMATES & FORECAST, BY TYPE, 2021-2028
  - 8.3.5.2. MARKET ESTIMATES & FORECAST, BY APPLICATION, 2021-2028
- 8.3.6. FRANCE
  - 8.3.6.1. MARKET ESTIMATES & FORECAST, BY TYPE, 2021-2028
  - 8.3.6.2. MARKET ESTIMATES & FORECAST, BY APPLICATION, 2021-2028
- 8.3.7. ITALY
  - 8.3.7.1. MARKET ESTIMATES & FORECAST, BY TYPE, 2021-2028
  - 8.3.7.2. MARKET ESTIMATES & FORECAST, BY APPLICATION, 2021-2028
- 8.3.8. SPAIN
  - 8.3.8.1. MARKET ESTIMATES & FORECAST, BY TYPE, 2021-2028
  - 8.3.8.2. MARKET ESTIMATES & FORECAST, BY APPLICATION, 2021-2028
- 8.3.9. REST OF EUROPE
  - 8.3.9.1. MARKET ESTIMATES & FORECAST, BY TYPE, 2021-2028
  - 8.3.9.2. MARKET ESTIMATES & FORECAST, BY APPLICATION, 2021-2028
8.4. ASIA-PACIFIC
- 8.4.1. MARKET ESTIMATES & FORECAST, BY TYPE, 2021-2028
- 8.4.2. MARKET ESTIMATES & FORECAST, BY APPLICATION, 2021-2028
- 8.4.3. MARKET ESTIMATES & FORECAST, BY COUNTRY, 2021-2028
- 8.4.4. CHINA
  - 8.4.4.1. MARKET ESTIMATES & FORECAST, BY TYPE, 2021-2028
  - 8.4.4.2. MARKET ESTIMATES & FORECAST, BY APPLICATION, 2021-2028
- 8.4.5. JAPAN
  - 8.4.5.1. MARKET ESTIMATES & FORECAST, BY TYPE, 2021-2028
  - 8.4.5.2. MARKET ESTIMATES & FORECAST, BY APPLICATION, 2021-2028
- 8.4.6. INDIA
  - 8.4.6.1. MARKET ESTIMATES & FORECAST, BY TYPE, 2021-2028
  - 8.4.6.2. MARKET ESTIMATES & FORECAST, BY APPLICATION, 2021-2028
- 8.4.7. SOUTH KOREA
  - 8.4.7.1. MARKET ESTIMATES & FORECAST, BY TYPE, 2021-2028
  - 8.4.7.2. MARKET ESTIMATES & FORECAST, BY APPLICATION, 2021-2028
- 8.4.8. AUSTRALIA
  - 8.4.8.1. MARKET ESTIMATES & FORECAST, BY TYPE, 2021-2028
  - 8.4.8.2. MARKET ESTIMATES & FORECAST, BY APPLICATION, 2021-2028
- 8.4.9. REST OF ASIA-PACIFIC
  - 8.4.9.1. MARKET ESTIMATES & FORECAST, BY TYPE, 2021-2028
  - 8.4.9.2. MARKET ESTIMATES & FORECAST, BY APPLICATION, 2021-2028
8.5. REST OF THE WORLD
- 8.5.1. MARKET ESTIMATES & FORECAST, BY TYPE, 2021-2028
- 8.5.2. MARKET ESTIMATES & FORECAST, BY APPLICATION, 2021-2028
- 8.5.3. MARKET ESTIMATES & FORECAST, BY COUNTRY, 2021-2028
- 8.5.4. MIDDLE EAST
  - 8.5.4.1. MARKET ESTIMATES & FORECAST, BY TYPE, 2021-2028
  - 8.5.4.2. MARKET ESTIMATES & FORECAST, BY APPLICATION, 2021-2028
- 8.5.5. AFRICA
  - 8.5.5.1. MARKET ESTIMATES & FORECAST, BY TYPE, 2021-2028
  - 8.5.5.2. MARKET ESTIMATES & FORECAST, BY APPLICATION, 2021-2028
- 8.5.6. SOUTH AMERICA
  - 8.5.6.1. MARKET ESTIMATES & FORECAST, BY TYPE, 2021-2028
  - 8.5.6.2. MARKET ESTIMATES & FORECAST, BY APPLICATION, 2021-2028

9. COMPETITIVE LANDSCAPE

9.1.1. COMPETITIVE SCENARIO
9.1.2. COMPETITIVE BENCHMARKING OF THE GLOBAL BIODEGRADABLE PLASTIC PACKAGING MARKET MARKET
9.1.3. MAJOR GROWTH KEY STRATEGIES IN THE GLOBAL BIODEGRADABLE PLASTIC PACKAGING MARKET MARKET
9.1.4. MARKET SHARE ANALYSIS: GLOBAL BIODEGRADABLE PLASTIC PACKAGING MARKET MARKET
9.1.5. PRODUCT DEVELOPMENTS IN THE GLOBAL BIODEGRADABLE PLASTIC PACKAGING MARKET MARKET
9.1.6. MERGERS AND ACQUISITIONS IN THE GLOBAL BIODEGRADABLE PLASTIC PACKAGING MARKET MARKET
9.1.7. CONTRACTS AND AGREEMENTS IN THE GLOBAL BIODEGRADABLE PLASTIC PACKAGING MARKET MARKET
9.1.8. EXPANSIONS AND INVESTMENTS IN THE GLOBAL BIODEGRADABLE PLASTIC PACKAGING MARKET MARKET

10. COMPANY PROFILES

10.1. TETRA PAK INTERNATIONAL SA (SWITZERLAND)
- 10.1.1. COMPANY OVERVIEW
- 10.1.2. FINANCIAL OVERVIEW
- 10.1.3. SOFTWARE/SOLUTIONS OFFERED
- 10.1.4. KEY DEVELOPMENTS
- 10.1.5. SWOT ANALYSIS
- 10.1.6. KEY STRATEGIES
10.2. PLASTIC SUPPLIERS INC. (US)
- 10.2.1. COMPANY OVERVIEW
- 10.2.2. FINANCIAL OVERVIEW
- 10.2.3. SOFTWARE/SOLUTIONS OFFERED
- 10.2.4. KEY DEVELOPMENTS
- 10.2.5. SWOT ANALYSIS
- 10.2.6. KEY STRATEGIES
10.3. KRUGER INC. (CANADA)
- 10.3.1. COMPANY OVERVIEW
- 10.3.2. FINANCIAL OVERVIEW
- 10.3.3. SOFTWARE/SOLUTIONS OFFERED
- 10.3.4. KEY DEVELOPMENTS
- 10.3.5. SWOT ANALYSIS
10.4. AMCOR PLC (SWITZERLAND)
- 10.4.1. COMPANY OVERVIEW
- 10.4.2. FINANCIAL OVERVIEW
- 10.4.3. SOFTWARE/SOLUTIONS OFFERED
- 10.4.4. KEY DEVELOPMENTS
- 10.4.5. SWOT ANALYSIS
- 10.4.6. KEY STRATEGIES
10.5. MONDI PLC (UK)
- 10.5.1. COMPANY OVERVIEW
- 10.5.2. FINANCIAL OVERVIEW
- 10.5.3. SOFTWARE/SOLUTIONS OFFERED
- 10.5.4. KEY DEVELOPMENTS
- 10.5.5. SWOT ANALYSIS
- 10.5.6. KEY STRATEGIES
10.6. INTERNATIONAL PAPER COMPANY (US)
- 10.6.1. COMPANY OVERVIEW
- 10.6.2. FINANCIAL OVERVIEW
- 10.6.3. SOFTWARE/SOLUTIONS OFFERED
- 10.6.4. KEY DEVELOPMENTS
- 10.6.5. SWOT ANALYSIS
- 10.6.6. KEY STRATEGIES
10.7. SMURFIT KAPPA GROUP PLC (US)
- 10.7.1. COMPANY OVERVIEW
- 10.7.2. FINANCIAL OVERVIEW
- 10.7.3. SOFTWARE/SOLUTIONS OFFERED
- 10.7.4. KEY DEVELOPMENTS
- 10.7.5. SWOT ANALYSIS
- 10.7.6. KEY STRATEGIES
10.8. DS SMITH PLC (UK)
- 10.8.1. COMPANY OVERVIEW
- 10.8.2. FINANCIAL OVERVIEW
- 10.8.3. SOFTWARE/SOLUTIONS OFFERED
- 10.8.4. KEY DEVELOPMENTS
- 10.8.5. SWOT ANALYSIS
- 10.8.6. KEY STRATEGIES
10.9. KLABIN SA (BRAZIL)
- 10.9.1. COMPANY OVERVIEW
- 10.9.2. FINANCIAL OVERVIEW
- 10.9.3. SOFTWARE/SOLUTIONS OFFERED
- 10.9.4. KEY DEVELOPMENTS
- 10.9.5. SWOT ANALYSIS
- 10.9.6. KEY STRATEGIES
10.10. RENGO CO. LTD (JAPAN)
- 10.10.1. COMPANY OVERVIEW
- 10.10.2. FINANCIAL OVERVIEW
- 10.10.3. SOFTWARE/SOLUTIONS OFFERED
- 10.10.4. KEY DEVELOPMENTS
- 10.10.5. SWOT ANALYSIS
- 10.10.6. KEY STRATEGIES
10.11. WESTROCK COMPANY (US)
- 10.11.1. COMPANY OVERVIEW
- 10.11.2. FINANCIAL OVERVIEW
- 10.11.3. SOFTWARE/SOLUTIONS OFFERED
- 10.11.4. KEY DEVELOPMENTS
- 10.11.5. SWOT ANALYSIS
- 10.11.6. KEY STRATEGIES
10.12. STORA ENSO (SWEDEN)
- 10.12.1. COMPANY OVERVIEW
- 10.12.2. FINANCIAL OVERVIEW
- 10.12.3. SOFTWARE/SOLUTIONS OFFERED
- 10.12.4. KEY DEVELOPMENTS
- 10.12.5. SWOT ANALYSIS
- 10.12.6. KEY STRATEGIES
10.13. TORAY INDUSTRIES INC. (JAPAN)
- 10.13.1. COMPANY OVERVIEW
- 10.13.2. FINANCIAL OVERVIEW
- 10.13.3. SOFTWARE/SOLUTIONS OFFERED
- 10.13.4. KEY DEVELOPMENTS
- 10.13.5. SWOT ANALYSIS
- 10.13.6. KEY STRATEGIES
10.14. BEMIS COMPANY INC. (US)
- 10.14.1. COMPANY OVERVIEW
- 10.14.2. FINANCIAL OVERVIEW
- 10.14.3. SOFTWARE/SOLUTIONS OFFERED
- 10.14.4. KEY DEVELOPMENTS
- 10.14.5. SWOT ANALYSIS
- 10.14.6. KEY STRATEGIES
10.15. RENGO CO. LTD (JAPAN)
- 10.15.1. COMPANY OVERVIEW
- 10.15.2. FINANCIAL OVERVIEW
- 10.15.3. SOFTWARE/SOLUTIONS OFFERED
- 10.15.4. KEY DEVELOPMENTS
- 10.15.5. SWOT ANALYSIS
- 10.15.6. KEY STRATEGIES

11. APPENDIX

11.1. REFERENCES
11.2. RELATED REPORTS