Biodegradable Packaging Market Size to Surpass USD 149.8 Billion by 2030 | Exactitude Consultancy
Biodegradable Packaging Market Leading Global Companies and Regional Average Pricing Analysis by 2030
LUTON, BEDFORDSHIRE, UNITED KINGDOM, December 13, 2023 /EINPresswire.com/ -- The qualitative report published by Exactitude Consultancy research on the “Biodegradable Packaging Market offers an in-depth examination of the current trends, latest expansions, conditions, market size, various drivers, limitations, and key players along with their profile details. The Biodegradable Packaging market report offers the historical data for 2017 to 2022 and also makes available the forecast data from the year 2023 to 2030 which is based on revenue. With the help of all this information research report helps the Market contributors to expand their market positions. With the benefit of all these explanations, this market research report recommends a business strategy for present market participants to strengthen their role in the market.
The global biodegradable packaging market is anticipated to grow from USD 88.2 Billion in 2023 to USD 149.8 Billion by 2030, at a CAGR of 7.0% during the forecast period.
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Recent Developments:
• May 2022: Amcor Rigid Packaging (ARP) announced the creation and launch of PowerPostTM. PowerPost technology produces nearly one-third lighter bottles with 30% less energy and 30% less carbon than most 20 oz. bottles by actively dislodging the vacuum in the container after filling.
• January 2022: Amcor PLC launched AmFiberTM, a new platform for paper-based packaging products. AmFiber's innovations aim to redefine the functionality of traditional paper packaging, offering a wider range of functional benefits to meet the changing needs of consumers. AmFiber's product is an innovative solution tailored to provide snacks and confectionery products to European customers with recyclable packaging that provides a high barrier to oxygen and moisture.
• January 2022: TIPA Corp., an Israeli-based company, nabbed a USD 70 million investment for developing compostable packaging solutions. According to the company, its eco-friendly films and laminates mimic the properties and functions of traditional plastic materials, including durability, barrier properties, and shelf stability.
• In-depth analysis of the Russia-Ukraine conflict, worldwide inflation concerns, China’s transition away from its zero-Covid approach and the challenges of its reopening, disruptions in supply chains, tensions in global trade, and the looming recession risk
• Assessment of global competitiveness and the market shares held by significant competitors
• Evaluation of market reach across diverse regions: Robust/Active/Niche/Minor
• Engaging online interactive peer-to-peer collaborative custom updates
• Entry to digital archives and a Research Platform
• Complimentary updates for a full year
Top Key Players are covered in the Biodegradable Packaging Market Report:
• NatureWorks LLC
• BASF SE
• Novamont S.p.A.
• Mondi Group
• Tetra Pak
• Amcor Limited
• Smurfit Kappa Group
• Huhtamaki Oyj
• Stora Enso
• Be Green Packaging
• International Paper
• Kruger Inc.
• Eco-Packaging Formats, Inc.
• Bemis Company, Inc.
• Green Packaging
• Vegware
• Biopac (UK) Ltd.
• Eco-Insulation
• Genpak
• EarthFirst Films (Novolex)
Market Segment Analysis:
Biodegradable Packaging Market by Material, 2020-2030, USD Billion, (Kilotons)
• Paper & Paperboard
• Bio-plastic
• Polylactic Acid (PLA)
• Cellulose-based
• Starch-based
• Polybutylene succinate
• Others (Protein-based plastics etc.)
• Bagasse
Biodegradable Packaging Market by Packaging Format, 2020-2030, USD Billion, (Kilotons)
• Bottles & Jars
• Boxes & Cartons
• Cans
• Trays & Clamshells
• Cups & Bowls
• Pouches & Bags
• Films & Wraps
• Labels & Tapes
• Others (Stick pack, Sachets, etc.)
Biodegradable Packaging Market by End Use, 2020-2030, USD Billion, (Kilotons)
• Food & Beverage
• Personal Care & Cosmetics
• Pharmaceuticals
• Homecare
• Other Consumer Goods
Regional Analysis:
• North America (NA) – US, Canada, and Mexico
• Europe (EU) – UK, Germany, France, Italy, Russia, Spain & Rest of Europe
• Asia-Pacific (APAC) – China, India, Japan, South Korea, Australia & Rest of APAC
• Latin America (LA) – Brazil, Argentina, Peru, Chile & Rest of Latin America
• The Middle East and Africa (MEA) – Saudi Arabia, UAE, Israel, South Africa
Browse Complete Report with TOC
https://exactitudeconsultancy.com/reports/29628/biodegradable-packaging-market/
Significant Features and Key Highlights of the Biodegradable Packaging Market Reports:
– Detailed overview of The Biodegradable Packaging market.
– Changing market dynamics of the industry.
– In-depth market breakdown by Type, Application, etc.
– Historic, existing, and predictable market size in terms of extent and worth.
– Recent manufacturing trends and developments.
– Competitive landscape of The Biodegradable Packaging market.
– Approaches to significant performers and product help.
– Prospective and niche sectors/regions exhibiting promising growth.
Detailed TOC of Biodegradable Packaging Market Research Report 2023 – 2029
Chapter 1 Biodegradable Packaging Market Overview
Chapter 2 Global Economic Impact on Industry
Chapter 3 Global Market Competition by Manufacturers and, Market data
Chapter 4 Global Supply (Production), Consumption, Export, Import by Regions
Chapter 5 Global Production, Revenue (Value), Price Trend by Type and Region
Chapter 6 Global Market Analysis by Application
Chapter 7 Manufacturing Cost and, Gross profit Analysis
Chapter 8 Industrial Chain, Sourcing Strategy, and Downstream Buyers
Chapter 9 Marketing Strategy and, Status Analysis, Distributors/Traders
Chapter 10 Market Driving Effect Factors Analysis
Chapter 11 Global Biodegradable Packaging Market Trends and, Forecast
Chapter 12 Research Methodology
The Biodegradable Packaging Market report gives answers to the following:
• What guidelines are followed by key performers to contest this Covid-19 condition?
• What are the important matters drivers, opportunities, challenges, and dangers of the market?
• will face surviving?
• Which are the essential market players in the Biodegradable Packaging industry?
• What is the forecast compound annual growth rate (CAGR) of the global market for the duration of the forecast period (2023-2030)?
• What could be the anticipated value of the Biodegradable Packaging marketplace during the forecast period?
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