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Biodegradable Paper and Plastic Packaging Market Share

Report ID: GMI5342
Published Date: Sep 2022
Report Format: PDF

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Biodegradable Paper and Plastic Packaging Market Share

Leading participants in biodegradable paper and plastic packaging market space are

WestRock Company
Stora Enso
Bemis Manufacturing Company
Rocktenn
BASF SE
Clearwater Paper Corporation
Amcor PLC
Mondi
International Paper Company
Tetra Pak International SA
Riverside Paper Co. Inc.
SmartSolve Industries
Ho?gör Plastik
Kruger Inc.
DS Smith

In order to establish a strong position in the market, manufacturers are deliberately investing to develop solutions in line with emerging customer needs.

Authors: Kiran Pulidindi

Frequently Asked Questions (FAQ) :

The market size for biodegradable paper and plastic packaging value was more than USD 2 billion in the year 2021 and is predicted to expand at a CAGR of 11% through 2030.

The PLA (polylactic acid) segment is anticipated to be valued at over $1 billion by 2030, owing to its easy recyclability, along with widespread usage of the packaging material for numerous applications in the food & beverage sector.

The Asia Pacific market is projected to expand at over 11% CAGR through 2030, attributable to the booming population, rise in the number of food and beverage companies, and emerging trend of online food ordering.

The key manufacturers are WestRock Company, Stora Enso, Bemis Manufacturing Company, BASF SE, Clearwater Paper Corporation, Amcor PLC, Mondi, International Paper Company, Tetra Pak International SA, Riverside Paper Co. Inc., SmartSolve Industries, Kruger Inc., and others.