This Compostable Packaging Market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Magnet report simplifies managing marketing of goods and services effectively.
Data Bridge Market Research analyses the global compostable packaging market, valued at USD 52.29 billion in 2023, will reach USD 84.60 billion by 2031, growing at a CAGR of 6.20% during the forecast period of 2024 to 2031.
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Market Overview:
The rising consumer demand for compostable materials, companies are actively innovating eco-friendly packaging solutions to align with environmental concerns. APP Sinar Mas, a prominent player in the pulp and paper industry, has introduced Foopak Bio Natura, an advanced eco-friendly paperboard catering to the food and beverage packaging market. This sustainable solution, inspired by nature, is specifically designed for food packaging and single-use cups. Foopak Bio Natura exemplifies the industry's commitment to compostable packaging as a sustainable and eco-friendly approach to meet evolving consumer preferences.
Some of the major players operating in the Compostable Packaging Market are TIPA LTD (Israel), SmartSolve Industries (U.S.), Özsoy Plastik (Turkey), ultragreen (U.S.), Hosgör Plastik (Turkey), Eurocell S.r.l (U.K.), Tetra Pak Group (Switzerland), Kruger Inc. (Canada), Amcor plc (Switzerland), Mondi (U.K.), International Paper (U.S.), Smurfit Kappa (Ireland), DS Smith (U.K.), Klabin SA (Brazil), Rengo Co. Ltd (Japan), WestRock Company (U.S.), Stora Enso (Sweden), Bemis Manufacturing Company (U.S.), BASF SE (Germany), Clearwater Paper Corporation (U.S.) among others.
Global Compostable Packaging Market Scope
The global compostable packaging market is segmented on the basis of product, material, packaging layer, distribution channel and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product
- Bags
- Trays
- Cups
- Plates
- Films
- Lids
- Straws
- Cutlery
- Bowls
- Clamshells
- Pouchesand Sachets
- Others
Material
- Plastic
- Paper and Paperboard
- PBAT
- PBS
- TPLA and CPLA
- Bamboo
- Cellulose
- Wheat Straw Fiber
- Polylactic Acid (PLA)
- PHA
- Starch Blends
- 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
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Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Compostable Packaging Market Landscape
Part 04: Global Compostable Packaging Market Sizing
Part 05: Global Compostable Packaging Market Segmentation By Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
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