Infographics - Biodegradable Packaging Market

The biodegradable packaging market is estimated to be valued at USD 111.55 Bn in 2024, growing at a compound annual growth rate (CAGR) of 6% from 2024 to 2031. The growing awareness about environment protection and depletion of natural resources has led to a rise in the demand for sustainable and eco-friendly packaging solutions. Biodegradable packaging is considered as one of the most effective alternatives to conventional plastic packaging. Biodegradable packaging is manufactured using renewable and recyclable raw materials like paper, leaves, wood, etc. that can decompose and break down into natural elements within a short span of time without causing pollution. The packaging decomposes completely when in contact with microorganisms such as bacteria and fungi. This prevents biodegradable packaging from accumulating and clogging landfills. With rising environmental concerns and stringent regulations against single use plastics, the biodegradable packaging market is expected to witness significant growth in the coming years.

Market Dynamics:

The global phenolic resins market is driven by the robust growth of the construction industry. Phenolic resins are widely used in wood adhesives for building and construction applications owing to their high heat resistance and dimensional stability. Rapid urbanization and increasing construction of residential and commercial buildings in developing nations is driving consumption. Moreover, wide application in automotive brakes, clutch facing, and other friction components on account of their high friction coefficient and temperature resistance also supports market growth. However, volatility in raw material prices may hamper the market growth. The development of bio-based phenolic resins using renewable feedstock presents lucrative opportunities for market players.

Key Features of the Study:

This report provides an in-depth analysis of the global biodegradable packaging market, and provides market size (US$ Bn) and compound annual growth rate (CAGR%) for the forecast period (2024–2031), considering 2023 as the base year
It elucidates potential revenue growth opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, market trends, regional outlook, and competitive strategies adopted by key players
It profiles key players in the global biodegradable packaging market based on the following parameters – company highlights, products portfolio, key highlights, financial performance, and strategies
Key companies covered as a part of this study include BASF SE, Smurfit Kappa Group, Mondi Group, Rocktenn, Stora Enso, Clearwater Paper Corporation, Amcor, Novamont S.P.A., Kruger Inc., Reynolds Group Holding Limited, International Corp., Solenis, DuPont, Ball Corp, Novamont, Tetra Pak International SA, Biopak PTY, Imex Packaging, Elevate Packaging Inc, and Elevate Packaging
Insights from this report would allow marketers and the management authorities of the companies to make informed decisions regarding their future product launches, type up-gradation, market expansion, and marketing tactics
The global biodegradable packaging market report caters to various stakeholders in this industry including investors, suppliers, product manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through various strategy matrices used in analyzing the global biodegradable packaging market

Market Segmentation

Type:
- Plastic
  - Starch
  - Cellulose
  - PLA
  - PHA
  - Others
- Paper
  - Kraft
  - Flexible
  - Corrugated
  - Box Board
  - Others
End-Use Industry:
- Food
- Beverage
- Pharmaceutical
- Personal/Homecare
- Others
Regional:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
Company Profiles:
- BASF SE
- Smurfit Kappa Group
- Mondi Group
- Rocktenn
- Stora Enso
- Clearwater Paper Corporation
- Amcor
- Novamont S.P.A.
- Kruger Inc.
- Reynolds Group Holding Limited
- International Corp.
- Solenis
- DuPont
- Ball Corp
- Novamont
- Tetra Pak International SA
- Biopak PTY
- Imex Packaging
- Elevate Packaging Inc

Table of Contents

Research Objectives and Assumptions
- Research Objectives
- Assumptions
- Abbreviations
Market Purview
- Report Description
  - Market Definition and Scope
- Executive Summary
  - Market Snippet, By Type
  - Market Snippet, By End-Use Industry
  - Market Snippet, By Region
- Coherent Opportunity Map (COM)
Market Dynamics, Regulations, and Trends Analysis
- Market Dynamics
  - Drivers
  - Restraints
  - PEST Analysis
  - PORTER’s Five Forces Analysis
  - Market Opportunities
  - Regulatory Scenario
  - Key Developments
  - Industry Trend
Global Biodegradable Packaging Market - Impact of Coronavirus (COVID-19) Pandemic
- Overview
- Factors Affecting Biodegradable Packaging Market – COVID-19
- Impact Analysis
Global Biodegradable Packaging Market, By Type, 2019-2031 (US$ Bn & KT)
- Introduction
  - Market Share Analysis, 2024, 2027, and 2031 (%)
  - Y-o-Y Growth Analysis, 2020- 2031
  - Segment Trends
- Plastic
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020- 2031, (US$ Bn & KT)
  - By Sub Segment
    - Starch
    - Cellulose
    - PLA
    - PHA
    - Others
- Paper
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020- 2031, (US$ Bn & KT)
  - By Sub Segment
    - Kraft
    - Flexible
    - Corrugated
    - Box Board
Global Biodegradable Packaging Market, By End-Use Industry, 2019-2031 (US$ Bn & KT)
- Introduction
  - Market Share Analysis, 2024, 2027, and 2031 (%)
  - Y-o-Y Growth Analysis, 2020- 2031
  - Segment Trends
- Food
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020- 2031, (US$ Bn & KT)
- Beverage
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020- 2031, (US$ Bn & KT)
- Pharmaceutical
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020- 2031, (US$ Bn & KT)
- Personal/Homecare
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020- 2031, (US$ Bn & KT)
- Others
  - Introduction
  - Market Size and Forecast, and Y-o-Y Growth, 2020- 2031, (US$ Bn & KT)
Global Biodegradable Packaging Market, By Region, 2019-2031 (US$ Bn & KT)
- Introduction
  - Market Share Analysis, By Region, 2020, 2024, and 2028 (%)
  - Y-o-Y Growth Analysis, For Region, 2020-2031
- North America
  - Market Share Analysis, By Country, 2020, 2024, and 2028 (%)
  - Y-o-Y Growth Analysis, By Country, 2020 – 2031
  - Market Size and Forecast, By Type, 2019- 2031 (US$ Bn & KT)
  - Market Size and Forecast, By End-Use Industry, 2019- 2031 (US$ Bn & KT)
  - Countries
    - U.S.
    - Canada
- Latin America
  - Market Share Analysis, By Country, 2020, 2024, and 2028 (%)
  - Y-o-Y Growth Analysis, By Country, 2020 – 2031
  - Market Size and Forecast, By Type, 2019- 2031 (US$ Bn & KT)
  - Market Size and Forecast, By End-Use Industry, 2019- 2031 (US$ Bn & KT)
  - Countries
    - Brazil
    - Argentina
    - Mexico
    - Rest of Latin America
- Europe
  - Market Share Analysis, By Country, 2020, 2024, and 2028 (%)
  - Y-o-Y Growth Analysis, By Country, 2020 – 2031
  - Market Size and Forecast, By Type, 2019- 2031 (US$ Bn & KT)
  - Market Size and Forecast, By End-Use Industry, 2019- 2031 (US$ Bn & KT)
  - Countries
    - U.K.
    - Germany
    - Italy
    - France
    - Spain
    - Russia
    - Rest of Europe
- Asia Pacific
  - Market Share Analysis, By Country, 2020, 2024, and 2028 (%)
  - Y-o-Y Growth Analysis, By Country, 2020 – 2031
  - Market Size and Forecast, By Type, 2019- 2031 (US$ Bn & KT)
  - Market Size and Forecast, By End-Use Industry, 2019- 2031 (US$ Bn & KT)
  - Countries
    - China
    - India
    - Japan
    - ASEAN
    - Australia
    - South Korea
    - Rest of Asia Pacific
- Middle East & Africa
  - Market Share Analysis, By Region/Country, 2020, 2024, and 2028 (%)
  - Y-o-Y Growth Analysis, By Region/Country, 2019 – 2031
  - Market Size and Forecast, By Type, 2019- 2031 (US$ Bn & KT)
  - Market Size and Forecast, By End-Use Industry, 2019- 2031 (US$ Bn & KT)
  - Sub-Regions
    - GCC Countries
    - Israel
    - Rest of Middle East & Africa
Competitive Landscape
- Heat Map Analysis
- Market Share Analysis (3x3 Matrix)
- Company Profiles
  - BASF SE
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - Smurfit Kappa Group
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - Mondi Group
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - Rocktenn
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - Stora Enso
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - Clearwater Paper Corporation
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - Amcor
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - Novamont S.P.A.
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - Kruger Inc.
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - Reynolds Group Holding Limited
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - International Corp
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - Solenis
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - DuPont
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - Ball Corp
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - Novamont
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - Tetra Pak International SA
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - Biopak PTY
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - Imex Packaging
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
  - Elevate Packaging Inc
    - Company Overview
    - Product Portfolio
    - Recent Developments/Updates
Analyst Recommendation
- Wheel of Fortune
- Analyst View
- Coherent Opportunity Map
Section
- References
- Research Methodology
- About Us and Sales Contact

* Browse 50 market data tables* and 40 figures* on “Biodegradable Packaging Market” - Global forecast to 2031.

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