Biodegradable Packaging Market Share Projections: CAGR of 7% Envisions Market Size of USD 149.8 Billion by 2030

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Biodegradable Packaging Market Share Projections: CAGR of 7% Envisions Market Size of USD 149.8 Billion by 2030

Exactitude Consultancy has published a new research report on "Biodegradable Packaging Market Size 2024". The report explores comprehensive and perceptive Information about various key factors like Regional Growth, Segmentation, CAGR, Business Revenue Status of Top Key Players and Drivers. The purpose of this report is to provide a telescopic view of the current market size by value and volume, opportunities, and development prestige.

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. The increasing interest of the individuals in this industry is that the major reason for the expansion of this market".

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https://exactitudeconsultancy.com/reports/29628/biodegradable-packaging-market/

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the global market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

Major vendors in the Global Biodegradable Packaging Market include 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) and others…

Market Segmentation 2024 to 2032

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

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Geographically, the detailed analysis of consumption, revenue, market share, and growth rate of the following regions:

• The Middle East and Africa (South Africa, Saudi Arabia, UAE, Israel, Egypt, etc.)

• North America (United States, Mexico & Canada)

• South America (Brazil, Venezuela, Argentina, Ecuador, Peru, Colombia, etc.)

• Europe (Turkey, Spain, Turkey, Netherlands Denmark, Belgium, Switzerland, Germany, Russia UK, Italy, France, etc.)

• Asia-Pacific (Taiwan, Hong Kong, Singapore, Vietnam, China, Malaysia, Japan, Philippines, Korea, Thailand, India, Indonesia, and Australia).