Compostable Packaging Market Trends, Share, Opportunities and Forecast By 2029

Author : Rahul Sharma | Published On : 29 Feb 2024

This Compostable Packaging market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Compostable Packaging report simplifies managing marketing of goods and services effectively.

Data Bridge Market Research analyses that the compostable packaging market was valued at USD 46360.00 million in 2021 and is expected to reach USD 75013.52 million by 2029, registering a CAGR of 6.20 % during the forecast period of 2022 to 2029.

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Market Overview:

Compostable products are those product which can biodegrade and disintegrate into natural elements such as biomass, water, and carbon dioxide in a composting environment and leaving no harmful element in the soil. The compostable plastic packaging material contains PBS, PBAT, PHA, PLA, starch blends. These compostable mimic conventional plastic's positive qualities, such as shelf stability, barrier properties, durability, etc., with one difference, i.e. these materials are fully compostable. Compostable material are providing nutrients to the earth when it has completely broken down. In order for packaging material and products to qualify as compostable, they must completely decompose and break down into natural elements within a short time after disposal.

Some of the major players operating in the Compostable Packaging market are TIPA LTD (Israel), Riverside Paper Co. Inc. (US), SmartSolve Industries (Us), Özsoy Plastik (Turkey), Ultra Green Sustainable Packaging (US), Hosgör Plastik (Turkey), Eurocell S.r.l (UK), Tetra Pak International SA (Switzerland), (US), Kruger Inc. (Canada), Amcor PLC (Switzerland), Mondi (UK), International Paper Company (US), Smurfit Kappa (US), DS Smith (UK), Klabin SA (Brazil), Rengo Co. Ltd (Japan), WestRock Company (US), Stora Enso (Sweden), Bemis manufacturing company (US), Rocktenn (US), BASF SE (Germany), Clearwater Paper Corporation (Us) among others.

Global Compostable Packaging Market Scope

The compostable packaging market is segmented on the basis of products, material, packaging layer, distribution channel and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Product

Bags
Trays
Cups
Plates
Films
Lids
Straws
Cutlery
Bowls
Clamshells
Pouches and Sachets
Others

Material

Plastic
Paper and Paperboard
Others

Packaging Layer

Primary Packaging
Secondary Packaging
Tertiary Packaging

Distribution Channel

B2B
Supermarkets/Hypermarkets
Departmental Stores
Convenience Stores
Specialty Stores
E-commerce
Others

End-User

Food and Beverages
Medical
Automotive
Electrical and Electronics
Agriculture
Textile Goods
Personal and Home Care
Chemical
Others

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Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Compostable Packaging Market Landscape

Part 04: Global Compostable Packaging Market Sizing

Part 05: Global Compostable Packaging Market Segmentation By Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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