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Biodegradable Paper and Plastic Packaging Market Share
- Report ID: GMI5342
- Published Date: Sep 2022
- Report Format: PDF
Biodegradable Paper and Plastic Packaging Market Share
Leading participants in biodegradable paper and plastic packaging market space are
- WestRock Company
- Stora Enso
- Bemis Manufacturing Company
- Rocktenn
- BASF SE
- Clearwater Paper Corporation
- Amcor PLC
- Mondi
- International Paper Company
- Tetra Pak International SA
- Riverside Paper Co. Inc.
- SmartSolve Industries
- Ho?gör Plastik
- Kruger Inc.
- DS Smith
In order to establish a strong position in the market, manufacturers are deliberately investing to develop solutions in line with emerging customer needs.
Frequently Asked Questions (FAQ) :
The market size for biodegradable paper and plastic packaging value was more than USD 2 billion in the year 2021 and is predicted to expand at a CAGR of 11% through 2030.
The PLA (polylactic acid) segment is anticipated to be valued at over $1 billion by 2030, owing to its easy recyclability, along with widespread usage of the packaging material for numerous applications in the food & beverage sector.
The Asia Pacific market is projected to expand at over 11% CAGR through 2030, attributable to the booming population, rise in the number of food and beverage companies, and emerging trend of online food ordering.
The key manufacturers are WestRock Company, Stora Enso, Bemis Manufacturing Company, BASF SE, Clearwater Paper Corporation, Amcor PLC, Mondi, International Paper Company, Tetra Pak International SA, Riverside Paper Co. Inc., SmartSolve Industries, Kruger Inc., and others.
Biodegradable Paper & Plastic Packaging Market Scope
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