Compostable Packaging Market – Industry Trends and forecast period of 2021 to 2030.
Compostable Packaging Market 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. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
An important compostable packaging market is very reliable as all the data and the information regarding the industry is collected via genuine sources such as websites, journals, annual reports of the companies, and magazines. The market report defines CAGR value fluctuation during the forecast period of 2021 - 2028 for the market. Besides this, it categorizes the breakdown of global data by manufacturers, region, type and application, and also analyses the market status, market share, growth rate, future trends, market drivers, opportunities and challenges, risks and entry barriers, sales channels, and distributors.
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An all-inclusive compostable packaging market research report is structured by exactly understanding the customer requirements. Whether it is about renewing a business plan, preparing a presentation for a key client, or giving recommendations to an executive, this market report will surely help to a degree. This business report also includes strategic profiling of key players in the market, systematic analysis of their core competencies, and draws a competitive landscape for the market. The compostable packaging market report consists of latest, comprehensive and most up-to-date market information and a precious data.
Compostable Packaging Market Definition
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.
Compostable Packaging Market Scope and Market Size
Forecast Period 2022 to 2029
Base Year 2021
Historic Years 2020 (Customizable to 2014 - 2019)
Quantitative Units Revenue in USD million, Volumes in Units, Pricing in USD
Segments Covered 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)
Variable Rate Precision Farming Market - Regional Analysis & Insights
This compostable packaging market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the compostable packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Compostable Packaging Market Industry Country Level Analysis
The compostable packaging market is analysed and market size insights and trends are provided by country, products, material, packaging layer, distribution channel and end-user as referenced above.
The countries covered in the compostable packaging market report are U.S., Canada and Mexico in North America, Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Compostable Packaging Market Share Analysis and Some major players
Some of the major players operating in the compostable packaging market are:
- TIPA Ltd (Israel)
- 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)
Get TOC of the Report: https://www.databridgemarketresearch.com/toc/?dbmr=global-compostable-packaging-market
Compostable Packaging Market
- Chapter One: Introduction
- Chapter Two: Market Segmentation
- Chapter Three: Market Overview
- Chapter Four: Executive Summary
- Chapter Five: Premium Insights
- Chapter Six: Compostable Packaging Market
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