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Global Biodegradable Packaging Market Size, Share, Trends: By Material Type: Plastic, Paper; By Application: Food Packaging, Beverage Packaging, Pharmaceutical Packaging, Personal/Homecare Packaging, Others; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis; Competitive Landscape; 2024-2032
Global Biodegradable Packaging Market Size
The global biodegradable packaging market reached approximately USD 103.88 billion in 2023. The market is projected to grow at a CAGR of 5.60% between 2024 and 2032, reaching a value of around USD 169.38 billion by 2032.
| Global Biodegradable Packaging Market Report Summary | Description | Value |
| Base Year | USD Billion | 2023 |
| Historical Period | USD Billion | 2018-2023 |
| Forecast Period | USD Billion | 2024-2032 |
| Market Size 2023 | USD Billion | 103.88 |
| Market Size 2032 | USD Billion | 169.38 |
| CAGR 2018-2023 | Percentage | XX% |
| CAGR 2024-2032 | Percentage | 5.6% |
| CAGR 2024-2032 - Market by Region | Asia Pacific | 6.3% |
| CAGR 2024-2032 - Market by Country | China | 6.0% |
| CAGR 2024-2032 - Market by Country | USA | 5.9% |
| CAGR 2024-2032 - Market by Material Type | Paper | 6.2% |
| CAGR 2024-2032 - Market by Application | Food Packaging | 6.4% |
| Market Share by Country 2023 | France | 3.4% |
Global Biodegradable Packaging Market Outlook
- As per the industry report, around 40 per cent of the Indian population will live in urban regions, which will fuel the demand for packaged food products and fast-moving consumer goods, creating growth opportunities for biodegradable packaging.
- As per California's Senate Bill 54 (SB 54), 100 per cent of single-use packaging and plastic should be recyclable or biodegradable by 2032 in California, the United States, promoting market growth.
- Around 95 per cent of plastic utilised in packaging is disposed of after single-use, contributing to plastic pollution, which necessitates the requirement of compostable packaging.
Global Biodegradable Packaging Market Growth
Rising environmental concerns, increased shift of customers towards eco-friendly packaging, and favourable government regulations are some of the prominent drivers of market growth. The rising impact of plastic pollution on marine life and other natural habitats has fuelled the demand for alternatives. Every single day oceans, rivers, and other water bodies receive plastic waste equivalent to 2000 garbage trucks. Several enterprises are readily adopting sustainable packaging materials to reduce their carbon footprint and promote a green economy. Moreover, a large segment of consumers are gaining environmental awareness and are willing to pay extra price for biodegradable packaging.
Favourable government policies to ban the usage of single-use plastics and reduce plastic waste are also contributing to the market expansion. For instance, the single-use plastics derivative (SUP Directive) by the European Union aims to limit the consumption of single-use plastics and promote the usage of recyclable and compostable alternatives. Furthermore, research and developmental efforts in material science are leading to the development of materials that are cost-effective, biodegradable, and possess superior durability. Advancements in the material production processes such as extrusion and injection molding also make it economical and scalable to produce biodegradable packaging.
Market players are readily introducing innovative biodegradable packaging solutions to enhance their market reach. Pakka Limited, a provider of compostable packaging, collaborated with Brawny Bear in October 2023 for the introduction of India’s first compostable packaging. Additionally, Bio Plast Pom collaborated with GdaÅ„sk University of Technology and other scientific institutes in March 2024 for the development of biodegradable material made from potato starch.
Global Biodegradable Packaging Industry Segmentation
“Biodegradable Packaging Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
Market Breakup by Material Type
- Plastic
- Starch-Based Plastics
- Cellulose-Based Plastics
- Polylactic Acid (PLA)
- Poly-3-Hydroxybutyrate (PHB)
- Polyhydroxyalkanoates (PHA)
- Others
- Paper
- Kraft Paper
- Flexible Paper
- Corrugated Fiberboard
- Boxboard
Market Breakup by Application
- Food Packaging
- Beverage Packaging
- Pharmaceutical Packaging
- Personal/Homecare Packaging
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
| CAGR 2024-2032 - Market by | Country |
| China | 6.0% |
| USA | 5.9% |
| UK | 5.8% |
| Mexico | 5.6% |
| Saudi Arabia | 5.4% |
| Canada | XX% |
| Germany | 5.2% |
| Italy | XX% |
| Japan | XX% |
| India | XX% |
| Australia | XX% |
| Brazil | XX% |
| France | 4.9% |
Global Biodegradable Packaging Market Share
It is projected that Asia Pacific will witness significant growth in the market in the forecast period. Convenient meals and beverages are being consumed more frequently as a result of the rising population density. Furthermore, the regional market is anticipated to grow as a result of South Korea, Japan, China, and India's green packaging manufacturers emphasizing more eco-friendly packaging alternatives in response to growing consumer environmental concerns.
Leading Companies in Global Biodegradable Packaging Market
The market players are increasing their collaboration and research and development activities to gain a competitive edge in the market.
- Tetra Laval International S.A.
- Mondi Plc
- Amcor Plc
- Smurfit Kappa Group Plc
- Elevate Packaging, Inc.
- Westrock Co.
- DS Smith Plc
- Oji Holdings Corp.
- Duni AB (BioPak)
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Material Type |
|
| Breakup by Application |
|
| Breakup by Region |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
6.1 Global
6.2 Regional
7 Opportunities and Challenges in the Market
8 Global Biodegradable Packaging Market Analysis
8.1 Key Industry Highlights
8.2 Global Biodegradable Packaging Historical Market (2018-2023)
8.3 Global Biodegradable Packaging Market Forecast (2024-2032)
8.4 Global Biodegradable Packaging Market by Material Type
8.4.1 Plastic
8.4.1.1 Historical Trend (2018-2023)
8.4.1.2 Forecast Trend (2024-2032)
8.4.1.3 Breakup by Type
8.4.1.3.1 Starch-Based Plastics
8.4.1.3.2 Cellulose-Based Plastics
8.4.1.3.3 Polylactic Acid (PLA)
8.4.1.3.4 Poly-3-Hydroxybutyrate (PHB)
8.4.1.3.5 Polyhydroxyalkanoates (PHA)
8.4.1.3.6 Others
8.4.2 Paper
8.4.2.1 Historical Trend (2018-2023)
8.4.2.2 Forecast Trend (2024-2032)
8.4.2.3 Breakup by Type
8.4.2.3.1 Kraft Paper
8.4.2.3.2 Flexible Paper
8.4.2.3.3 Corrugated Fiberboard
8.4.2.3.4 Boxboard
8.5 Global Biodegradable Packaging Market by Application
8.5.1 Food Packaging
8.5.1.1 Historical Trend (2018-2023)
8.5.1.2 Forecast Trend (2024-2032)
8.5.2 Beverage Packaging
8.5.2.1 Historical Trend (2018-2023)
8.5.2.2 Forecast Trend (2024-2032)
8.5.3 Pharmaceutical Packaging
8.5.3.1 Historical Trend (2018-2023)
8.5.3.2 Forecast Trend (2024-2032)
8.5.4 Personal/Homecare Packaging
8.5.4.1 Historical Trend (2018-2023)
8.5.4.2 Forecast Trend (2024-2032)
8.5.5 Others
8.6 Global Biodegradable Packaging Market by Region
8.6.1 North America
8.6.1.1 Historical Trend (2018-2023)
8.6.1.2 Forecast Trend (2024-2032)
8.6.2 Europe
8.6.2.1 Historical Trend (2018-2023)
8.6.2.2 Forecast Trend (2024-2032)
8.6.3 Asia Pacific
8.6.3.1 Historical Trend (2018-2023)
8.6.3.2 Forecast Trend (2024-2032)
8.6.4 Latin America
8.6.4.1 Historical Trend (2018-2023)
8.6.4.2 Forecast Trend (2024-2032)
8.6.5 Middle East and Africa
8.6.5.1 Historical Trend (2018-2023)
8.6.5.2 Forecast Trend (2024-2032)
9 North America Biodegradable Packaging Market Analysis
9.1 United States of America
9.1.1 Historical Trend (2018-2023)
9.1.2 Forecast Trend (2024-2032)
9.2 Canada
9.2.1 Historical Trend (2018-2023)
9.2.2 Forecast Trend (2024-2032)
10 Europe Biodegradable Packaging Market Analysis
10.1 United Kingdom
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Germany
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 France
10.3.1 Historical Trend (2018-2023)
10.3.2 Forecast Trend (2024-2032)
10.4 Italy
10.4.1 Historical Trend (2018-2023)
10.4.2 Forecast Trend (2024-2032)
10.5 Others
11 Asia Pacific Biodegradable Packaging Market Analysis
11.1 China
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Japan
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
11.3 India
11.3.1 Historical Trend (2018-2023)
11.3.2 Forecast Trend (2024-2032)
11.4 ASEAN
11.4.1 Historical Trend (2018-2023)
11.4.2 Forecast Trend (2024-2032)
11.5 Australia
11.5.1 Historical Trend (2018-2023)
11.5.2 Forecast Trend (2024-2032)
11.6 Others
12 Latin America Biodegradable Packaging Market Analysis
12.1 Brazil
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Argentina
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
12.3 Mexico
12.3.1 Historical Trend (2018-2023)
12.3.2 Forecast Trend (2024-2032)
12.4 Others
13 Middle East and Africa Biodegradable Packaging Market Analysis
13.1 Saudi Arabia
13.1.1 Historical Trend (2018-2023)
13.1.2 Forecast Trend (2024-2032)
13.2 United Arab Emirates
13.2.1 Historical Trend (2018-2023)
13.2.2 Forecast Trend (2024-2032)
13.3 Nigeria
13.3.1 Historical Trend (2018-2023)
13.3.2 Forecast Trend (2024-2032)
13.4 South Africa
13.4.1 Historical Trend (2018-2023)
13.4.2 Forecast Trend (2024-2032)
13.5 Others
14 Market Dynamics
14.1 SWOT Analysis
14.1.1 Strengths
14.1.2 Weaknesses
14.1.3 Opportunities
14.1.4 Threats
14.2 Porter’s Five Forces Analysis
14.2.1 Supplier’s Power
14.2.2 Buyer’s Power
14.2.3 Threat of New Entrants
14.2.4 Degree of Rivalry
14.2.5 Threat of Substitutes
14.3 Key Indicators for Demand
14.4 Key Indicators for Price
15 Competitive Landscape
15.1 Market Structure
15.2 Company Profiles
15.2.1 Tetra Laval International S.A.
15.2.1.1 Company Overview
15.2.1.2 Product Portfolio
15.2.1.3 Demographic Reach and Achievements
15.2.1.4 Certifications
15.2.2 Mondi Plc
15.2.2.1 Company Overview
15.2.2.2 Product Portfolio
15.2.2.3 Demographic Reach and Achievements
15.2.2.4 Certifications
15.2.3 Amcor Plc
15.2.3.1 Company Overview
15.2.3.2 Product Portfolio
15.2.3.3 Demographic Reach and Achievements
15.2.3.4 Certifications
15.2.4 Smurfit Kappa Group Plc
15.2.4.1 Company Overview
15.2.4.2 Product Portfolio
15.2.4.3 Demographic Reach and Achievements
15.2.4.4 Certifications
15.2.5 Elevate Packaging, Inc.
15.2.5.1 Company Overview
15.2.5.2 Product Portfolio
15.2.5.3 Demographic Reach and Achievements
15.2.5.4 Certifications
15.2.6 Westrock Co.
15.2.6.1 Company Overview
15.2.6.2 Product Portfolio
15.2.6.3 Demographic Reach and Achievements
15.2.6.4 Certifications
15.2.7 DS Smith Plc
15.2.7.1 Company Overview
15.2.7.2 Product Portfolio
15.2.7.3 Demographic Reach and Achievements
15.2.7.4 Certifications
15.2.8 Oji Holdings Corp.
15.2.8.1 Company Overview
15.2.8.2 Product Portfolio
15.2.8.3 Demographic Reach and Achievements
15.2.8.4 Certifications
15.2.9 Duni AB (BioPak)
15.2.9.1 Company Overview
15.2.9.2 Product Portfolio
15.2.9.3 Demographic Reach and Achievements
15.2.9.4 Certifications
15.2.10 Others
16 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Global Biodegradable Packaging Market: Key Industry Highlights, 2018 and 2032
2. Global Biodegradable Packaging Historical Market: Breakup by Material Type (USD Billion), 2018-2023
3. Global Biodegradable Packaging Market Forecast: Breakup by Material Type (USD Billion), 2024-2032
4. Global Biodegradable Packaging Historical Market: Breakup by Application (USD Billion), 2018-2023
5. Global Biodegradable Packaging Market Forecast: Breakup by Application (USD Billion), 2024-2032
6. Global Biodegradable Packaging Historical Market: Breakup by Region (USD Billion), 2018-2023
7. Global Biodegradable Packaging Market Forecast: Breakup by Region (USD Billion), 2024-2032
8. North America Biodegradable Packaging Historical Market: Breakup by Country (USD Billion), 2018-2023
9. North America Biodegradable Packaging Market Forecast: Breakup by Country (USD Billion), 2024-2032
10. Europe Biodegradable Packaging Historical Market: Breakup by Country (USD Billion), 2018-2023
11. Europe Biodegradable Packaging Market Forecast: Breakup by Country (USD Billion), 2024-2032
12. Asia Pacific Biodegradable Packaging Historical Market: Breakup by Country (USD Billion), 2018-2023
13. Asia Pacific Biodegradable Packaging Market Forecast: Breakup by Country (USD Billion), 2024-2032
14. Latin America Biodegradable Packaging Historical Market: Breakup by Country (USD Billion), 2018-2023
15. Latin America Biodegradable Packaging Market Forecast: Breakup by Country (USD Billion), 2024-2032
16. Middle East and Africa Biodegradable Packaging Historical Market: Breakup by Country (USD Billion), 2018-2023
17. Middle East and Africa Biodegradable Packaging Market Forecast: Breakup by Country (USD Billion), 2024-2032
18. Global Biodegradable Packaging Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 103.88 billion.
The market is estimated to grow at a CAGR of 5.60% between 2024 and 2032.
The market is estimated to witness a healthy growth during 2024-2032 to reach around USD 169.38 billion by 2032.
The market is being driven due to rising environmental concerns, an increased shift of customers towards eco-friendly packaging, and favourable government regulations.
The key trends aiding the market include research and developmental efforts in material science, strategic initiatives by market players, and circular economy initiatives.
Regions considered in the market are North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa.
Based on material type, market segmentations include plastic and paper.
Different applications are food packaging, beverage packaging, pharmaceutical packaging, and personal/homecare packaging, among others.
The major players in the market are Tetra Laval International S.A., Mondi Plc, Amcor Plc, Smurfit Kappa Group Plc, Elevate Packaging, Inc., Westrock Co., DS Smith Plc, Oji Holdings Corp., and Duni AB (BioPak), among others.
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