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The biodegradable films market was valued at USD 1.3 billion in 2024 and is estimated to grow at a CAGR of 7.7% from 2025 to 2034.
The biodegradable films market is experiencing significant growth, driven by the increasing consumer demand for sustainable packaging solutions and heightened environmental awareness. As the global focus on reducing plastic waste intensifies, industries are seeking alternatives that offer both environmental benefits and functional performance. The rise of eco-conscious consumer behavior, along with stricter regulations on plastic usage, is pushing manufacturers to innovate biodegradable film solutions that align with circular economy principles.
Report Attribute | Details |
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Base Year: | 2024 |
Biodegradable Films Market Size in 2024: | USD 1.3 Billion |
Forecast Period: | 2025 - 2034 |
Forecast Period 2025 - 2034 CAGR: | 7.7% |
2034 Value Projection: | USD 2.7 Billion |
Historical Data for: | 2021 - 2024 |
No. of Pages: | 380 |
Tables, Charts & Figures: | 460 |
Segments covered: | Material, Product, End-use industry |
Growth Drivers: |
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Pitfalls & Challenges: |
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A key trend is the shift towards compostable and regenerative materials, which offer enhanced environmental benefits, biodegrading more quickly and supporting closed-loop systems. These materials, often derived from renewable plant-based sources, are not only compostable but also help reduce reliance on single-use plastics, reshaping the market toward more responsible and efficient solutions.
For instance, in November 2024, Earthfirst Films unveiled a new line of unprinted compostable laminations aimed at enhancing sustainable packaging solutions. This innovative product is designed to meet the increasing demand for eco-friendly materials in the packaging industry, particularly among small and medium-sized brands (SMBs) seeking quick commercialization options.