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Biodegradable Films Market Size

  • Report ID: GMI12426
  • Published Date: Nov 2024
  • Report Format: PDF

Biodegradable Films Market Size

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.
 

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.
 

Authors: Suraj Gujar, Sandeep Ugale

Frequently Asked Questions (FAQ) :

The market size for biodegradable films was valued at USD 1.3 billion in 2024 and is projected to reach USD 2.7 billion by 2034, driven by a CAGR of 7.7% from 2025 to 2034.

The polylactic acid (PLA) segment held a market share of over 23.7% in 2024, driven by its compostable nature and renewable sources like corn starch and sugarcane.

North America held a significant market share of over 25% in 2024, driven by consumer demand for eco-friendly packaging and strict environmental regulations.

Major players in the industry include Barbier, Biome Bioplastics, Bleher Folientechnik, Cortec, DS Smith, Futamura, Kuber Polyfilms, Mondi, Nufab Green, and Opackgroup

Biodegradable Films Market Scope

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Premium Report Details

  • Base Year: 2024
  • Companies covered: 18
  • Tables & Figures: 460
  • Countries covered: 18
  • Pages: 380
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