Compostable Packaging Materials Market value is projected to reach US$ 2.43 Bn. at the end of the forecast period and it is expected to grow at the CAGR of 4.30%.Compostable Packaging Materials Market Overview:
The Compostable packing material is made from natural resources such as plants, corn starch, and organic fabrics. Growing concern regarding greenhouse emission and government stress on pollution free economic growth led packaging industries to produce compostable packing materials, as under the right condition it completely break down and decompose into natural elements without producing microplastics within short time after disposal. The compostable packing material are currently used in food & beverages, pharmaceutical, personal & homecare products and many more. The report includes an analysis of the impact of COVID-19 lockdown on the revenue of market leaders, followers, and disruptors. Since the lockdown was implemented differently in various regions and countries; the impact of the same is also seen differently by regions and segments. The report has covered the current short-term and long-term impact on the market, and it would help the decision-makers to prepare the outline and strategies for companies by region.To Know About The Research Methodology :- Request Free Sample Report
Compostable Packaging Materials Market Dynamics:
Global Compostable Packing Material Market is expected to witness highest growth of xx% by 2029. Increasing consumer awareness towards eco-friendly products and government emphasize over pollution free economy and implementation of plastic bag bans lifted up market to the xx% in the year 2022. The demand of compostable packing material is expected to rise in food & beverages sector, as industries has shifted to compostable packing materials to reduce greenhouse emission. Mostly compostable packing products are commercially compostable only which needs more than 60 degree Celsius, oxygen and moisture to decompose it. Means, it will not decompose if it is not directed to the official composting facility. Moreover, compostable packing material is more costly compared to traditional packing materials, the material is not getting acceptance from small and medium scale industries.Compostable Packaging Materials Market Segment Analysis:
By the end-user sectors, food & beverages segment is expected to witness highest market share of xx% during the forecasted period of 2023-2029. Considering consumer awareness about eco-friendly products and to support government decision towards pollution free economic growth food & beverages industries have stirred towards compostable packing materials to reduce greenhouse emission. Moreover, increasing demandof the compostable packing material in household and agriculture segment is expected to grow revenue of the global compostable packing materials market.Regional Insights:
Based on the geographical region Europe dominates the global compostable packing material market, as in Germany and Russia, the compostable packing materials are highly produced and used in the region.Which lifts demand of the compostable packing materials in various end-user sectors such as food & beverages, Household, Pharmaceuticals, etc. Asia-pacific region is expected to witness highest growth throughout forecasted period due to increasing industries and consumer awareness. China is prominent user of the compostable packing material because of Chinese government emphasized on pollution free growth and highly usage of plastic bags in retail store, China is leading the compostable packing materials market in the region. The objective of the report is to present a comprehensive analysis of the global compostable packaging materials market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. External as well as internal factors that are supposed to affect the business positively or negatively have been analysed, which will give a clear futuristic view of the industry to the decision-makers. The report also helps in understanding global compostable packaging materials market dynamics, structure by analysing the market segments and project global market clear representation of competitive analysis of key players by price, financial position, by detection and equipment portfolio, growth strategies, and regional presence in the global compostable packaging materials market make the report investor’s guide.Compostable Packaging Materials Market Scope: Inquire before buying
Compostable Packaging Materials Market Report Coverage Details Base Year: 2022 Forecast Period: 2023-2029 Historical Data: 2018 to 2022 Market Size in 2022: US $ 1.80 Bn. Forecast Period 2023 to 2029 CAGR: 4.30% Market Size in 2029: US $ 2.43 Bn. Segments Covered: by Material Starch-based packing Compostable Plastics compostable paper by Application Boxes Bags Trays Films Pouches by End user sectors Food & Beverage Household Agriculture Pharmaceuticals Cosmetics & personal care products Others Compostable Packaging Materials Market, by Region
North America (United States, Canada and Mexico) Europe (UK, France, Germany, Italy, Spain, Sweden, Austria and Rest of Europe) Asia Pacific (China, South Korea, Japan, India, Australia, Indonesia, Malaysia, Vietnam, Taiwan, Bangladesh, Pakistan and Rest of APAC) Middle East and Africa (South Africa, GCC, Egypt, Nigeria and Rest of ME&A) South America (Brazil, Argentina Rest of South America)Key Players are :
1. Novamont SpA 2. Tipa-corp ltd. 3. BASF SE 4. Innovia Films Limited 5. Biome Bioplastics Limited 6. NatureWorks LLC. 7. Kruger Inc. 8. Mondi Group 9. Biopac 10. Clearwater Paper Corporation 11. Amcor Ltd. 12. Smurfit Kappa Group 13. Tetra Pak International S.A Frequently Asked Questions: 1. Which region has the largest share in Global Compostable Packaging Materials Market? Ans: Europe region held the highest share in 2022. 2. What is the growth rate of Global Compostable Packaging Materials Market? Ans: The Global market is expected to grow at a CAGR of 4.30% during forecast period 2023-2029. 3. What is scope of the Global Compostable Packaging Materials market report? Ans: Global market report helps with the PESTEL, PORTER, COVID-19 Impact analysis, Recommendations for Investors & Leaders, and market estimation of the forecast period. 4. Who are the key players in Global Compostable Packaging Materials market? Ans: The important key players in the Global Compostable Packaging MaterialsMarket are – Novamont SpA, Tipa-corp ltd., BASF SE, Innovia Films Limited, Biome Bioplastics Limited, NatureWorks LLC., Kruger Inc. 5. What is the study period of this market? Ans: The Global Compostable Packaging Materials Market is studied from 2022 to 2029.
1. Preface 1.1. Market Definition and Key Research Objectives 1.2. Research Highlights 2. Assumptions and Research Methodology 2.1. Report Assumptions 2.2. Abbreviations 2.3. Research Methodology 2.3.1. Secondary Research 2.3.1.1. Secondary data 2.3.1.2. Secondary Sources 2.3.2. Primary Research 2.3.2.1. Data from Primary Sources 2.3.2.2. Breakdown of Primary Sources 3. Executive Summary: Global Compostable Packaging MaterialsMarket Size, by Market Value (US$ Mn) 3.1. Global Market Segmentation 3.2. Global Market Segmentation Share Analysis, 2022 3.2.1. Global 3.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 3.3. Geographical Snapshot of the Compostable Packaging MaterialsMarket 3.4. Geographical Snapshot of the Compostable Packaging MaterialsMarket, By Manufacturer share 4. Global Compostable Packaging MaterialsMarket Overview, 2022-2029 4.1. Market Dynamics 4.1.1. Drivers 4.1.1.1. Global 4.1.1.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.2. Restraints 4.1.2.1. Global 4.1.2.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.3. Opportunities 4.1.3.1. Global 4.1.3.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.4. Challenges 4.1.4.1. Global 4.1.4.2. By Region (North America, Europe, Asia Pacific, South America, Middle East Africa) 4.1.5. Industry Trends and Emerging Technologies 4.1.6. Porters Five Forces Analysis 4.1.6.1. Threat of New Entrants 4.1.6.2. Bargaining Power of Buyers/Consumers 4.1.6.3. Bargaining Power of Suppliers 4.1.6.4. Threat of Substitute Products 4.1.6.5. Intensity of Competitive Rivalry 4.1.7. Value Chain Analysis 4.1.8. Technological Roadmap 4.1.9. Regulatory landscape 4.1.10. Impact of the Covid-19 Pandemic on the Global Compostable Packaging MaterialsMarket 5. Supply Side and Demand Side Indicators 6. Global Compostable Packaging MaterialsMarket Analysis and Forecast, 2022-2029 6.1. Global Compostable Packaging Materials Market Size & Y-o-Y Growth Analysis. 7. Global Compostable Packaging MaterialsMarket Analysis and Forecasts, 2022-2029 7.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 7.1.1. Starch-based packing 7.1.2. Compostable Plastics 7.1.3. compostable paper 7.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 7.2.1. Boxes 7.2.2. Bags 7.2.3. Trays 7.2.4. Films 7.2.5. Pouches 7.3. Market Size (Value) Estimates & Forecast By End user sectors, 2022-2029 7.3.1. Food & Beverage 7.3.2. Household 7.3.3. Agriculture 7.3.4. Pharmaceuticals 7.3.5. Cosmetics & personal care products 7.3.6. Others 8. Global Compostable Packaging MaterialsMarket Analysis and Forecasts, By Region 8.1. Market Size (Value) Estimates & Forecast By Region, 2022-2029 8.1.1. North America 8.1.2. Europe 8.1.3. Asia-Pacific 8.1.4. Middle East & Africa 8.1.5. South America 9. North America Compostable Packaging MaterialsMarket Analysis and Forecasts, 2022-2029 9.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 9.1.1. Starch-based packing 9.1.2. Compostable Plastics 9.1.3. compostable paper 9.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 9.2.1. Boxes 9.2.2. Bags 9.2.3. Trays 9.2.4. Films 9.2.5. Pouches 9.3. Market Size (Value) Estimates & Forecast By End user sectors, 2022-2029 9.3.1. Food & Beverage 9.3.2. Household 9.3.3. Agriculture 9.3.4. Pharmaceuticals 9.3.5. Cosmetics & personal care products 9.3.6. Others 10. North America Compostable Packaging MaterialsMarket Analysis and Forecasts, By Country 10.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 10.1.1. US 10.1.2. Canada 10.1.3. Mexico 11. U.S. Compostable Packaging MaterialsMarket Analysis and Forecasts, 2022-2029 11.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 11.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 11.3. Market Size (Value) Estimates & Forecast By End user sectors, 2022-2029 12. Canada Compostable Packaging MaterialsMarket Analysis and Forecasts, 2022-2029 12.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 12.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 12.3. Market Size (Value) Estimates & Forecast By End user sectors, 2022-2029 13. Mexico Compostable Packaging MaterialsMarket Analysis and Forecasts, 2022-2029 13.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 13.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 13.3. Market Size (Value) Estimates & Forecast By End user sectors, 2022-2029 14. Europe Compostable Packaging MaterialsMarket Analysis and Forecasts, 2022-2029 14.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 14.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 14.3. Market Size (Value) Estimates & Forecast By End user sectors, 2022-2029 15. Europe Compostable Packaging MaterialsMarket Analysis and Forecasts, By Country 15.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 15.1.1. U.K 15.1.2. France 15.1.3. Germany 15.1.4. Italy 15.1.5. Spain 15.1.6. Sweden 15.1.7. CIS Countries 15.1.8. Rest of Europe 16. U.K. Compostable Packaging MaterialsMarket Analysis and Forecasts, 2022-2029 16.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 16.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 16.3. Market Size (Value) Estimates & Forecast By End user sectors, 2022-2029 17. France Compostable Packaging MaterialsMarket Analysis and Forecasts, 2022-2029 17.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 17.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 17.3. Market Size (Value) Estimates & Forecast By End user sectors, 2022-2029 18. Germany Compostable Packaging MaterialsMarket Analysis and Forecasts, 2022-2029 18.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 18.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 18.3. Market Size (Value) Estimates & Forecast By End user sectors, 2022-2029 19. Italy Compostable Packaging MaterialsMarket Analysis and Forecasts, 2022-2029 19.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 19.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 19.3. Market Size (Value) Estimates & Forecast By End user sectors, 2022-2029 20. Spain Compostable Packaging MaterialsMarket Analysis and Forecasts, 2022-2029 20.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 20.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 20.3. Market Size (Value) Estimates & Forecast By End user sectors, 2022-2029 21. Sweden Compostable Packaging MaterialsMarket Analysis and Forecasts, 2022-2029 21.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 21.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 21.3. Market Size (Value) Estimates & Forecast By End user sectors, 2022-2029 22. CIS Countries Compostable Packaging MaterialsMarket Analysis and Forecasts, 2022-2029 22.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 22.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 22.3. Market Size (Value) Estimates & Forecast By End user sectors, 2022-2029 23. Rest of Europe Compostable Packaging MaterialsMarket Analysis and Forecasts, 2022-2029 23.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 23.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 23.3. Market Size (Value) Estimates & Forecast By End user sectors, 2022-2029 24. Asia Pacific Compostable Packaging MaterialsMarket Analysis and Forecasts, 2022-2029 24.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 24.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 24.3. Market Size (Value) Estimates & Forecast By End user sectors, 2022-2029 25. Asia Pacific Compostable Packaging MaterialsMarket Analysis and Forecasts, by Country 25.1. Market Size (Value) Estimates & Forecast By Country, 2022-2029 25.1.1. China 25.1.2. India 25.1.3. Japan 25.1.4. South Korea 25.1.5. Australia 25.1.6. ASEAN 25.1.7. Rest of Asia Pacific 26. China Compostable Packaging MaterialsMarket Analysis and Forecasts, 2022-2029 26.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 26.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 26.3. Market Size (Value) Estimates & Forecast By End user sectors, 2022-2029 27. India Compostable Packaging MaterialsMarket Analysis and Forecasts, 2022-2029 27.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 27.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 27.3. Market Size (Value) Estimates & Forecast By End user sectors, 2022-2029 28. Japan Compostable Packaging MaterialsMarket Analysis and Forecasts, 2022-2029 28.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 28.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 28.3. Market Size (Value) Estimates & Forecast By End user sectors, 2022-2029 29. South Korea Compostable Packaging MaterialsMarket Analysis and Forecasts, 2022-2029 29.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 29.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 29.3. Market Size (Value) Estimates & Forecast By End user sectors, 2022-2029 30. Australia Compostable Packaging MaterialsMarket Analysis and Forecasts, 2022-2029 30.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 30.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 30.3. Market Size (Value) Estimates & Forecast By End user sectors, 2022-2029 31. ASEAN Compostable Packaging MaterialsMarket Analysis and Forecasts, 2022-2029 31.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 31.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 31.3. Market Size (Value) Estimates & Forecast By End user sectors, 2022-2029 32. Rest of Asia Pacific Compostable Packaging MaterialsMarket Analysis and Forecasts, 2022-2029 32.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 32.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 32.3. Market Size (Value) Estimates & Forecast By End user sectors, 2022-2029 33. Middle East Africa Compostable Packaging MaterialsMarket Analysis and Forecasts, 2022-2029 33.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 33.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 33.3. Market Size (Value) Estimates & Forecast By End user sectors, 2022-2029 34. Middle East Africa Compostable Packaging MaterialsMarket Analysis and Forecasts, by Country 34.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 34.1.1. South Africa 34.1.2. GCC Countries 34.1.3. Egypt 34.1.4. Nigeria 34.1.5. Rest of ME&A 35. South Africa Compostable Packaging MaterialsMarket Analysis and Forecasts, 2022-2029 35.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 35.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 35.3. Market Size (Value) Estimates & Forecast By End user sectors, 2022-2029 36. GCC Countries Compostable Packaging MaterialsMarket Analysis and Forecasts, 2022-2029 36.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 36.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 36.3. Market Size (Value) Estimates & Forecast By End user sectors, 2022-2029 37. Egypt Compostable Packaging MaterialsMarket Analysis and Forecasts, 2022-2029 37.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 37.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 37.3. Market Size (Value) Estimates & Forecast By End user sectors, 2022-2029 38. Nigeria Compostable Packaging MaterialsMarket Analysis and Forecasts, 2022-2029 38.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 38.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 38.3. Market Size (Value) Estimates & Forecast By End user sectors, 2022-2029 39. Rest of ME&A Compostable Packaging MaterialsMarket Analysis and Forecasts, 2022-2029 39.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 39.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 39.3. Market Size (Value) Estimates & Forecast By End user sectors, 2022-2029 40. South America Compostable Packaging MaterialsMarket Analysis and Forecasts, 2022-2029 40.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 40.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 40.3. Market Size (Value) Estimates & Forecast By End user sectors, 2022-2029 41. South America Compostable Packaging MaterialsMarket Analysis and Forecasts, by Country 41.1. Market Size (Value) Estimates & Forecast by Country, 2022-2029 41.1.1. Brazil 41.1.2. Argentina 41.1.3. Rest of South America 42. Brazil Compostable Packaging MaterialsMarket Analysis and Forecasts, 2022-2029 42.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 42.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 42.3. Market Size (Value) Estimates & Forecast By End user sectors, 2022-2029 43. Argentina Compostable Packaging MaterialsMarket Analysis and Forecasts, 2022-2029 43.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 43.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 43.3. Market Size (Value) Estimates & Forecast By End user sectors, 2022-2029 44. Rest of South America Compostable Packaging MaterialsMarket Analysis and Forecasts, 2022-2029 44.1. Market Size (Value) Estimates & Forecast By Material Type, 2022-2029 44.2. Market Size (Value) Estimates & Forecast By Application, 2022-2029 44.3. Market Size (Value) Estimates & Forecast By End user sectors, 2022-2029 45. Competitive Landscape 45.1. Geographic Footprint of Major Players in the Global Compostable Packaging MaterialsMarket 45.2. Competition Matrix 45.2.1. Competitive Benchmarking of key players by price, presence, market share, Applications and R&D investment 45.2.2. New Product Launches and Product Enhancements 45.2.3. Market Consolidation 45.2.3.1. M&A by Regions, Investment and Applications 45.2.3.2. M&A Key Players, Forward Integration and Backward Integration 45.3. Company Profile - Novamont SpA 45.3.1. Company Overview 45.3.2. Financial Overview 45.3.3. Geographic Footprint 45.3.4. Product Portfolio 45.3.5. Business Strategy 45.3.6. Recent Developments 45.4. Tipa-corp ltd. 45.5. BASF SE 45.6. Innovia Films Limited 45.7. Biome Bioplastics Limited 45.8. NatureWorks LLC. 45.9. Kruger Inc. 45.10. Mondi Group 45.11. Biopac 45.12. Clearwater Paper Corporation 45.13. Amcor Ltd. 45.14. Smurfit Kappa Group 45.15. Tetra Pak International S.A 46. Primary Key Insights