Biodegradable Paper & Plastic Packaging Market Synopsis

Biodegradable Paper & Plastic Packaging Market Size Was Valued at USD 13.3 Billion in 2023, and is Projected to Reach USD 31.6 Billion by 2032, Growing at a CAGR of 10.1% From 2024-2032.

Biodegradable paper and plastic packaging means those products which are developed to self-degrade and to be safe for environment without causing any harm and detrimental effects on the environment. The following types of packaging materials are derived from renewable resources such as plant derived fibers or biopolymers; biodegradable packaging materials: These materials can be metabolized by microorganisms into water, carbon dioxide, and biomass under certain environmental conditions. Different from conventional plastics, biodegradable packaging has a feature of disintegration within a relatively short period of time, normally 450 years at the most, allowing waste and pollution to be controlled. It has become common as the world recesses to a circular economy to deal with difficult consequences such as pollution by plastics and depletion of resources.

• The growth in the use of packaging material such as biodegradable paper and plastic packaging is accelerating due to successful environmental awareness and to the set up of stringent legislations against plastics. The buyers, particularly within the consumer and business segments, are becoming conscious of the effects of plastics on the environment, which results in their altering of habits and preference for sustainable solutions. This change is backed by governments through the formulation friendly polices that encourage the usage of degradable products. Consumer goods like food and beverages, care and personal products, and health sector products require biodegradable packaging materials meeting clients’ needs and the prescribed standards.
• Advancements in material scientist technology have also promoted the market by bringing about techniques that enhance the quality of biodegradable packaging’s effectiveness within efficiency and cost impacts on the global market. Advancements in the field of both, biopolymers and plant based materials are increasing the strength, flexibility, and ornamental quality of biodegradable packaging suitable for many more uses. Therefore, important stakeholders in the sector are intensively focusing on innovation in the development of desirable and environmentally-friendly packing options. It is hope that the market will keep growing in the same trend as witnessed in the past and this will be as a result of consumers, firms and governments demanding for a good environment from a sustainable perspective.

Biodegradable Paper & Plastic Packaging Market Trend Analysis

Increasing adoption of compostable packaging solutions

• The global market for biodegradable paper and plastic packaging has seen one key point of interest being the upswing in popularity of compostable packaging. Compostable packaging goes a step further than biodegradable packaging since they do not only degrade into small components of nature but also contribute to the fertility of soil as they disintegrate. This trend is being driven by the increasing consumer consciousness and shift towards the purchase of products that can cause minimal impact on the environment and more so in managing wastes.
• Biodegradable packaging materials have specifications depending on their disintegration period under composting environment that encompasses controlled factors like temperature, humidity and microorganisms. This characteristic makes them useful in numerous areas particularly in food service organizations and entities where sustainability and the minimization of waste are significant factors. Mosha & Mosha, 2019 observed that companies are now adopting innovative compostable packaging solutions that meet the performance demands but are cultivated to meet environmental standards and policies. However, the adoption of composting infrastructure is growing over the global, and therefore the market for compostable packaging is expected to receive an impetus by the shifts in consumer preferences and favorable treatment for eco-friendly packaging solutions.

Development of advanced recycling technologies specifically tailored for biodegradable materials

• A driving force in the industry is marked in the production of biodegradable paper and plastic packaging where the creation of specialized recycling technologies are anticipated to rise in the future. Biodegradable packaging is advantageous to the regular plastic packaging as they can decompose in a given span of time but there is a concern with their distribution as well as recycling.
• Chemical recycling technologies and enzymatic attack can effectively help tackle the abovementioned issues. These technologies can decompose biodegradable materials to their atomic level so that they can again be fed to the makers of packaging or other products. It also optimizes use of biodegradable materials so that no wastes but at the same time, none of the value of this form of material is wasted.
• Recycling technologies advanced through research activities, offer a great opportunity for the development of associated products and markets to companies and entrepreneurs. In this way, companies can strengthen their sustainability strategies and benefit from better resource management in the field of biodegradable packaging recycling along with continuing to conform to new commercially and legally-binding standards. Furthermore, it continues such progression might spur invention in the packaging sector to come up with other protective packages to accommodate the increasing market for the commodifiable sustainable packaging market. If the application of sustainable packaging is more encouraged by the consumer and regulations, the innovation of advanced recycling technologies positively impacts biodegradable packaging market .

Biodegradable Paper & Plastic Packaging Market Segment Analysis:

Biodegradable Paper & Plastic Packaging Market Segmented on the basis of type, material, and end-users.

By Type, Starch Based plastic segment is expected to dominate the market during the forecast period

• Looking at the forecast period, it is expected that the major contribution of the starch-based plastics would uphold the market for biodegradable paper and plastic packaging in the future. Starch-based plastics are biodegradable products produced from corn, wheat or potato starch, which are renewable resources thus making them ideal for use environmentally. These materials have the properties of biodegradation, returning to their base elements such as water, carbon dioxide, and biomass in cometenting conditions. They apply in packaging whereby they are used in everything from food packaging to disposable cutlery,bags, (thus have the advantage of biodegradability in advancing consumer trends of environmental friendliness over conventional plastics).
• Second, the availability of starch-based plastics is immense as most of the commercial plastics are made up of starch-based plastics and the technological enhancements that have enhanced the mechanical and barrier properties of the starch-based plastics have put them on the level with other forms of plastics. Furthermore, legal backing and awareness owing to measures that encourage green packaging materials for the utilization of starch based plastics is increasing across a variety of industries, making this segment a leading segment of the market for biodegradable packaging.

By Material, Plastic segment expected to held the largest share

• Among the various biodegradable packaging types, the report also indicates that the plastic segment is expected to account for the highest market share due to several factors that are fuelling the growth of this aspect of the market. The use of biodegradable plastics thus presents a vital option since conventional petroleum plastics have long degradation times and are escriborrowed for negative effects on the environment. Recently consumers, businesses and even the regulatory authorities prefer biodegradable plastics since they decompose non-toxic products through natural degradation methods thereby avoiding pollution and generation of wastes. Such materials are often manufactured from renewable sources such as plant starches, cellulose or other biopolymers consequently making such packaging types even more sustainable.
• Furthermore, such polymers’ characteristics have been enhanced through the advancement in technology with regard to the material properties and their utilization of biodegradable plastics the barrier properties and flexibility as well as the durability has been boosted the following areas are the main domains of the biodegradable plastics; food packaging, personal use product, and health sector. As environmental degraded products challenge continue to be felt and government, international agencies placing and enforcing even stricter restrictions on plastic waste, Control, the market for the plastic that will be the segment of biodegradable packaging material is expected to grow cautioously influencing innovations and developments of sustainable packaging.

Biodegradable Paper & Plastic Packaging Market Regional Insights:

Asia Pacific is Expected to Dominate the Market Over the Forecast period

• The Asia Pacific region is expected to account for the maximum market share for biodegradable paper and plastic packaging in the forecast period attributable to the following factors. In addition to this, a highly appreciable economic growth rate due to commercializations, spiraling urbanization and population growth rate have also stepped up the demand for sustainable packaging products in the region. Global governments in countries including China, India, and Japan are imposing higher polices that envision the eradication of plastics which in turn boosts the use of biodegradable packaging material.
• In addition, there is a growing concern in the population, and the subsequent increasing concern for environmental issues that prompt manufacturers and enterprises to focus on using biodegradable packaging materials. The availability of a substantial manufacturing capacity, developments in biopolymer technology and packages, and packaging sustainability make Asia Pacific a suitable demand and supply region for biodegradable packaging. With the market still in a constantly changing state, Asia Pacific still stands as one of the key players in the market that determines the future trends for sustainable packaging solutions worldwide.

Active Key Players in the Biodegradable Paper & Plastic Packaging Market

• Amcor plc (Australia)
• BASF SE (Germany)
• Biopac UK Ltd (United Kingdom)
• Cardia Bioplastics Limited (Australia)
• Georgia-Pacific LLC (USA)
• Huhtamaki Group (Finland)
• Innovia Films Limited (United Kingdom)
• Kruger Inc. (Canada)
• Mondi plc (Austria)
• NatureWorks LLC (USA)
• Novamont S.p.A. (Italy)
• Smurfit Kappa Group (Ireland)
• Stora Enso Oyj (Finland)
• Sulapac Ltd (Finland)
• Tetra Pak International S.A. (Switzerland)
• Other key Players

Chapter 1: Introduction
 1.1 Scope and Coverage

Chapter 2:Executive Summary

Chapter 3: Market Landscape
 3.1 Market Dynamics
  3.1.1 Drivers
  3.1.2 Restraints
  3.1.3 Opportunities
  3.1.4 Challenges
 3.2 Market Trend Analysis
 3.3 PESTLE Analysis
 3.4 Porter's Five Forces Analysis
 3.5 Industry Value Chain Analysis
 3.6 Ecosystem
 3.7 Regulatory Landscape
 3.8 Price Trend Analysis
 3.9 Patent Analysis
 3.10 Technology Evolution
 3.11 Investment Pockets
 3.12 Import-Export Analysis

Chapter 4: Biodegradable Paper & Plastic Packaging Market by Type
 4.1 Biodegradable Paper & Plastic Packaging Market Snapshot and Growth Engine
 4.2 Biodegradable Paper & Plastic Packaging Market Overview
 4.3 Starch Based plastic
  4.3.1 Introduction and Market Overview
  4.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.3.3 Key Market Trends, Growth Factors and Opportunities
  4.3.4 Starch Based plastic: Geographic Segmentation Analysis
 4.4 Cellulose Based Plastics
  4.4.1 Introduction and Market Overview
  4.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.4.3 Key Market Trends, Growth Factors and Opportunities
  4.4.4 Cellulose Based Plastics: Geographic Segmentation Analysis
 4.5 Polylactic Acid (PLA)
  4.5.1 Introduction and Market Overview
  4.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.5.3 Key Market Trends, Growth Factors and Opportunities
  4.5.4 Polylactic Acid (PLA): Geographic Segmentation Analysis
 4.6 Polyhydroxyalkanoates (PHA)
  4.6.1 Introduction and Market Overview
  4.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  4.6.3 Key Market Trends, Growth Factors and Opportunities
  4.6.4 Polyhydroxyalkanoates (PHA): Geographic Segmentation Analysis

Chapter 5: Biodegradable Paper & Plastic Packaging Market by Material
 5.1 Biodegradable Paper & Plastic Packaging Market Snapshot and Growth Engine
 5.2 Biodegradable Paper & Plastic Packaging Market Overview
 5.3 Plastic
  5.3.1 Introduction and Market Overview
  5.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.3.3 Key Market Trends, Growth Factors and Opportunities
  5.3.4 Plastic: Geographic Segmentation Analysis
 5.4 Paper
  5.4.1 Introduction and Market Overview
  5.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  5.4.3 Key Market Trends, Growth Factors and Opportunities
  5.4.4 Paper: Geographic Segmentation Analysis

Chapter 6: Biodegradable Paper & Plastic Packaging Market by End-User
 6.1 Biodegradable Paper & Plastic Packaging Market Snapshot and Growth Engine
 6.2 Biodegradable Paper & Plastic Packaging Market Overview
 6.3 Food and Beverage
  6.3.1 Introduction and Market Overview
  6.3.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.3.3 Key Market Trends, Growth Factors and Opportunities
  6.3.4 Food and Beverage: Geographic Segmentation Analysis
 6.4 Catering Service wares
  6.4.1 Introduction and Market Overview
  6.4.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.4.3 Key Market Trends, Growth Factors and Opportunities
  6.4.4 Catering Service wares: Geographic Segmentation Analysis
 6.5 Personal and Home Care
  6.5.1 Introduction and Market Overview
  6.5.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.5.3 Key Market Trends, Growth Factors and Opportunities
  6.5.4 Personal and Home Care: Geographic Segmentation Analysis
 6.6 Healthcare
  6.6.1 Introduction and Market Overview
  6.6.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.6.3 Key Market Trends, Growth Factors and Opportunities
  6.6.4 Healthcare: Geographic Segmentation Analysis
 6.7 Others
  6.7.1 Introduction and Market Overview
  6.7.2 Historic and Forecasted Market Size in Value USD and Volume Units (2017-2032F)
  6.7.3 Key Market Trends, Growth Factors and Opportunities
  6.7.4 Others: Geographic Segmentation Analysis

Chapter 7: Company Profiles and Competitive Analysis
 7.1 Competitive Landscape
  7.1.1 Competitive Benchmarking
  7.1.2 Biodegradable Paper & Plastic Packaging Market Share by Manufacturer (2023)
  7.1.3 Industry BCG Matrix
  7.1.4 Heat Map Analysis
  7.1.5 Mergers and Acquisitions
  
 7.2 AMCOR PLC
  7.2.1 Company Overview
  7.2.2 Key Executives
  7.2.3 Company Snapshot
  7.2.4 Role of the Company in the Market
  7.2.5 Sustainability and Social Responsibility
  7.2.6 Operating Business Segments
  7.2.7 Product Portfolio
  7.2.8 Business Performance
  7.2.9 Key Strategic Moves and Recent Developments
  7.2.10 SWOT Analysis
 7.3 BASF SE
 7.4 BIOPAC UK LTD
 7.5 CARDIA BIOPLASTICS LIMITED
 7.6 GEORGIA-PACIFIC LLC
 7.7 HUHTAMAKI GROUP
 7.8 INNOVIA FILMS LIMITED
 7.9 KRUGER INC
 7.10 MONDI PLC
 7.11 NATUREWORKS LLC
 7.12 NOVAMONT S.P.A
 7.13 SMURFIT KAPPA GROUP
 7.14 STORA ENSO OYJ
 7.15 SULAPAC LTD
 7.16 TETRA PAK INTERNATIONAL S.A
 7.17 OTHER KEY PLAYERS

Chapter 8: Global Biodegradable Paper & Plastic Packaging Market By Region
 8.1 Overview
 8.2. North America Biodegradable Paper & Plastic Packaging Market
  8.2.1 Key Market Trends, Growth Factors and Opportunities
  8.2.2 Top Key Companies
  8.2.3 Historic and Forecasted Market Size by Segments
  8.2.4 Historic and Forecasted Market Size By Type
   8.2.4.1 Starch Based plastic
   8.2.4.2 Cellulose Based Plastics
   8.2.4.3 Polylactic Acid (PLA)
   8.2.4.4 Polyhydroxyalkanoates (PHA)
  8.2.5 Historic and Forecasted Market Size By Material
   8.2.5.1 Plastic
   8.2.5.2 Paper
  8.2.6 Historic and Forecasted Market Size By End-User
   8.2.6.1 Food and Beverage
   8.2.6.2 Catering Service wares
   8.2.6.3 Personal and Home Care
   8.2.6.4 Healthcare
   8.2.6.5 Others
  8.2.7 Historic and Forecast Market Size by Country
   8.2.7.1 US
   8.2.7.2 Canada
   8.2.7.3 Mexico
 8.3. Eastern Europe Biodegradable Paper & Plastic Packaging Market
  8.3.1 Key Market Trends, Growth Factors and Opportunities
  8.3.2 Top Key Companies
  8.3.3 Historic and Forecasted Market Size by Segments
  8.3.4 Historic and Forecasted Market Size By Type
   8.3.4.1 Starch Based plastic
   8.3.4.2 Cellulose Based Plastics
   8.3.4.3 Polylactic Acid (PLA)
   8.3.4.4 Polyhydroxyalkanoates (PHA)
  8.3.5 Historic and Forecasted Market Size By Material
   8.3.5.1 Plastic
   8.3.5.2 Paper
  8.3.6 Historic and Forecasted Market Size By End-User
   8.3.6.1 Food and Beverage
   8.3.6.2 Catering Service wares
   8.3.6.3 Personal and Home Care
   8.3.6.4 Healthcare
   8.3.6.5 Others
  8.3.7 Historic and Forecast Market Size by Country
   8.3.7.1 Bulgaria
   8.3.7.2 The Czech Republic
   8.3.7.3 Hungary
   8.3.7.4 Poland
   8.3.7.5 Romania
   8.3.7.6 Rest of Eastern Europe
 8.4. Western Europe Biodegradable Paper & Plastic Packaging Market
  8.4.1 Key Market Trends, Growth Factors and Opportunities
  8.4.2 Top Key Companies
  8.4.3 Historic and Forecasted Market Size by Segments
  8.4.4 Historic and Forecasted Market Size By Type
   8.4.4.1 Starch Based plastic
   8.4.4.2 Cellulose Based Plastics
   8.4.4.3 Polylactic Acid (PLA)
   8.4.4.4 Polyhydroxyalkanoates (PHA)
  8.4.5 Historic and Forecasted Market Size By Material
   8.4.5.1 Plastic
   8.4.5.2 Paper
  8.4.6 Historic and Forecasted Market Size By End-User
   8.4.6.1 Food and Beverage
   8.4.6.2 Catering Service wares
   8.4.6.3 Personal and Home Care
   8.4.6.4 Healthcare
   8.4.6.5 Others
  8.4.7 Historic and Forecast Market Size by Country
   8.4.7.1 Germany
   8.4.7.2 UK
   8.4.7.3 France
   8.4.7.4 Netherlands
   8.4.7.5 Italy
   8.4.7.6 Russia
   8.4.7.7 Spain
   8.4.7.8 Rest of Western Europe
 8.5. Asia Pacific Biodegradable Paper & Plastic Packaging Market
  8.5.1 Key Market Trends, Growth Factors and Opportunities
  8.5.2 Top Key Companies
  8.5.3 Historic and Forecasted Market Size by Segments
  8.5.4 Historic and Forecasted Market Size By Type
   8.5.4.1 Starch Based plastic
   8.5.4.2 Cellulose Based Plastics
   8.5.4.3 Polylactic Acid (PLA)
   8.5.4.4 Polyhydroxyalkanoates (PHA)
  8.5.5 Historic and Forecasted Market Size By Material
   8.5.5.1 Plastic
   8.5.5.2 Paper
  8.5.6 Historic and Forecasted Market Size By End-User
   8.5.6.1 Food and Beverage
   8.5.6.2 Catering Service wares
   8.5.6.3 Personal and Home Care
   8.5.6.4 Healthcare
   8.5.6.5 Others
  8.5.7 Historic and Forecast Market Size by Country
   8.5.7.1 China
   8.5.7.2 India
   8.5.7.3 Japan
   8.5.7.4 South Korea
   8.5.7.5 Malaysia
   8.5.7.6 Thailand
   8.5.7.7 Vietnam
   8.5.7.8 The Philippines
   8.5.7.9 Australia
   8.5.7.10 New Zealand
   8.5.7.11 Rest of APAC
 8.6. Middle East & Africa Biodegradable Paper & Plastic Packaging Market
  8.6.1 Key Market Trends, Growth Factors and Opportunities
  8.6.2 Top Key Companies
  8.6.3 Historic and Forecasted Market Size by Segments
  8.6.4 Historic and Forecasted Market Size By Type
   8.6.4.1 Starch Based plastic
   8.6.4.2 Cellulose Based Plastics
   8.6.4.3 Polylactic Acid (PLA)
   8.6.4.4 Polyhydroxyalkanoates (PHA)
  8.6.5 Historic and Forecasted Market Size By Material
   8.6.5.1 Plastic
   8.6.5.2 Paper
  8.6.6 Historic and Forecasted Market Size By End-User
   8.6.6.1 Food and Beverage
   8.6.6.2 Catering Service wares
   8.6.6.3 Personal and Home Care
   8.6.6.4 Healthcare
   8.6.6.5 Others
  8.6.7 Historic and Forecast Market Size by Country
   8.6.7.1 Turkey
   8.6.7.2 Bahrain
   8.6.7.3 Kuwait
   8.6.7.4 Saudi Arabia
   8.6.7.5 Qatar
   8.6.7.6 UAE
   8.6.7.7 Israel
   8.6.7.8 South Africa
 8.7. South America Biodegradable Paper & Plastic Packaging Market
  8.7.1 Key Market Trends, Growth Factors and Opportunities
  8.7.2 Top Key Companies
  8.7.3 Historic and Forecasted Market Size by Segments
  8.7.4 Historic and Forecasted Market Size By Type
   8.7.4.1 Starch Based plastic
   8.7.4.2 Cellulose Based Plastics
   8.7.4.3 Polylactic Acid (PLA)
   8.7.4.4 Polyhydroxyalkanoates (PHA)
  8.7.5 Historic and Forecasted Market Size By Material
   8.7.5.1 Plastic
   8.7.5.2 Paper
  8.7.6 Historic and Forecasted Market Size By End-User
   8.7.6.1 Food and Beverage
   8.7.6.2 Catering Service wares
   8.7.6.3 Personal and Home Care
   8.7.6.4 Healthcare
   8.7.6.5 Others
  8.7.7 Historic and Forecast Market Size by Country
   8.7.7.1 Brazil
   8.7.7.2 Argentina
   8.7.7.3 Rest of SA

Chapter 9 Analyst Viewpoint and Conclusion
9.1 Recommendations and Concluding Analysis
9.2 Potential Market Strategies

Chapter 10 Research Methodology
10.1 Research Process
10.2 Primary Research
10.3 Secondary Research