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Biodegradable Packaging Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027

Market Overview:

The global biodegradable packaging market size reached US$ 89.63 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 126.64 Billion by 2027, exhibiting a growth rate (CAGR) of 5.80% during 2022-2027. Keeping in mind the uncertainties of COVID-19, we are continuously tracking and evaluating the direct as well as the indirect influence of the pandemic on different end use industries. These insights are included in the report as a major market contributor.

Biodegradable packaging refers to the use of eco-friendly and recyclable materials for the packaging of goods. It is made from materials that are easily disintegrated and decomposed by microorganisms, such as bacteria, fungi, and algae. It includes packing corrugated bubble wrap, recycled cardboard, bioplastics, organic fabrics, cornstarch, seaweed, and mushroom packaging, and other plant-based materials. It helps support human and ecological health by generating less carbon footprint as compared to conventionally used synthetic packaging products. It also aids in minimizing plastic usage, which can help reduce littering issues and support environmental health.

Biodegradable Packaging Market Trends:

The increasing working population and busy schedules of individuals are catalyzing the demand for processed and ready-to-eat (RTE) food items, which is driving the need for effective packaging across the globe. In addition, the increasing use of biodegradable packaging in the food and beverage (F&B) industry due to its faster decomposition and recyclable properties is creating a positive market outlook. Apart from this, the rising awareness among individuals about the harmful impacts of non-biodegradable packaging on the health and the environment is positively influencing the market. In line with this, governments of various countries are imposing stringent regulations to put a ban on plastic products and minimize carbon emissions, which is encouraging the adoption of biodegradable packaging. Furthermore, the emerging trend of online shopping, along with the thriving e-commerce industry, is catalyzing the demand for biodegradable packaging to provide doorstep delivery of products. Additionally, various technological advancements in the packaging industry and increasing investments by leading market players in research and development (R&D) activities are expected to propel market growth in the coming years.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the global biodegradable packaging market report, along with forecasts at the global, regional and country level from 2022-2027. Our report has categorized the market based on material type and application.

Breakup by Material Type:

  • Plastic
    • Starch-based Plastics
    • Cellulose-based Plastics
    • Polylactic Acid (PLA)
    • Poly-3-Hydroxybutyrate (PHB)
    • Polyhydroxyalkanoates (PHA)
    • Others
  • Paper
    • Kraft Paper
    • Flexible Paper
    • Corrugated Fiberboard
    • Boxboard
       

Breakup by Application:

  • Food Packaging
  • Beverage Packaging
  • Pharmaceutical Packaging
  • Personal/Homecare Packaging
  • Others
     

Breakup by Region:

  • North America
    • United States
    • Canada
  • Asia-Pacific
    • China
    • Japan
    • India
    • South Korea
    • Australia
    • Indonesia
    • Others
  • Europe
    • Germany
    • France
    • United Kingdom
    • Italy
    • Spain
    • Russia
    • Others
  • Latin America
    • Brazil
    • Mexico
    • Others
  • Middle East and Africa
     

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players being Amcor PLC, Berkley International Packaging Limited, Biopak PTY LTD, Elevate Packaging Inc., Greenpack Limited, International Paper Company, Kruger Inc., Mondi Group, Ranpak Holding Corporation, Smurfit Kappa Group PLC, Tetra Pak International SA and Toray Plastics (America) Inc. (Toray Industries Inc).

Report Coverage:

Report Features Details
Base Year of the Analysis 2021
    Historical Period 2016-2021
Forecast Period 2022-2027
Units US$ Billion
Segment Coverage Material Type, Application, Region
Region Covered  Asia Pacific, Europe, North America, Latin America, Middle East and Africa
Countries Covered United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
Companies Covered Amcor PLC, Berkley International Packaging Limited, Biopak PTY LTD, Elevate Packaging Inc., Greenpack Limited, International Paper Company, Kruger Inc., Mondi Group, Ranpak Holding Corporation, Smurfit Kappa Group PLC, Tetra Pak International SA and Toray Plastics (America) Inc. (Toray Industries Inc).
Customization Scope 10% Free Customization
Report Price and Purchase Option Single User License: US$ 2499
Five User License: US$ 3499
Corporate License: US$ 4499
Post-Sale Analyst Support 10-12 Weeks
Delivery Format PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Key Questions Answered in This Report:

  • How has the global biodegradable packaging market performed so far and how will it perform in the coming years?
  • What has been the impact of COVID-19 on the global biodegradable packaging market?
  • What are the key regional markets?
  • What is the breakup of the market based on the material type?
  • What is the breakup of the market based on the application?
  • What are the various stages in the value chain of the industry?
  • What are the key driving factors and challenges in the industry?
  • What is the structure of the global biodegradable packaging market and who are the key players?
  • What is the degree of competition in the industry?

1    Preface
2    Scope and Methodology

    2.1    Objectives of the Study
    2.2    Stakeholders
    2.3    Data Sources
        2.3.1    Primary Sources
        2.3.2    Secondary Sources
    2.4    Market Estimation
        2.4.1    Bottom-Up Approach
        2.4.2    Top-Down Approach
    2.5    Forecasting Methodology
3    Executive Summary
4    Introduction

    4.1    Overview
    4.2    Key Industry Trends
5    Global Biodegradable Packaging Market
    5.1    Market Overview
    5.2    Market Performance
    5.3    Impact of COVID-19
    5.4    Market Forecast
6    Market Breakup by Material Type
    6.1    Plastic
        6.1.1 Market Trends
        6.1.2 Key Segments
           6.1.2.1 Starch-based Plastics
           6.1.2.2 Cellulose-based Plastics
           6.1.2.3 Polylactic Acid (PLA)
           6.1.2.4 Poly-3-Hydroxybutyrate (PHB)
           6.1.2.5 Polyhydroxyalkanoates (PHA)
           6.1.2.6 Others
        6.1.3 Market Forecast
    6.2    Paper
        6.2.1 Market Trends
        6.2.2 Key Segments
           6.2.2.1 Kraft Paper
           6.2.2.2 Flexible Paper
           6.2.2.3 Corrugated Fiberboard
           6.2.2.4 Boxboard
        6.2.3 Market Forecast
7    Market Breakup by Application
    7.1    Food Packaging
        7.1.1 Market Trends
        7.1.2 Market Forecast
    7.2    Beverage Packaging
        7.2.1 Market Trends
        7.2.2 Market Forecast
    7.3    Pharmaceutical Packaging
        7.3.1 Market Trends
        7.3.2 Market Forecast
    7.4    Personal/Homecare Packaging
        7.4.1 Market Trends
        7.4.2 Market Forecast
    7.5    Others
        7.5.1 Market Trends
        7.5.2 Market Forecast
8    Market Breakup by Region
    8.1    North America
        8.1.1 United States
           8.1.1.1 Market Trends
           8.1.1.2 Market Forecast
        8.1.2 Canada
           8.1.2.1 Market Trends
           8.1.2.2 Market Forecast
    8.2    Asia-Pacific
        8.2.1 China
           8.2.1.1 Market Trends
           8.2.1.2 Market Forecast
        8.2.2 Japan
           8.2.2.1 Market Trends
           8.2.2.2 Market Forecast
        8.2.3 India
           8.2.3.1 Market Trends
           8.2.3.2 Market Forecast
        8.2.4 South Korea
           8.2.4.1 Market Trends
           8.2.4.2 Market Forecast
        8.2.5 Australia
           8.2.5.1 Market Trends
           8.2.5.2 Market Forecast
        8.2.6 Indonesia
           8.2.6.1 Market Trends
           8.2.6.2 Market Forecast
        8.2.7 Others
           8.2.7.1 Market Trends
           8.2.7.2 Market Forecast
    8.3    Europe
        8.3.1 Germany
           8.3.1.1 Market Trends
           8.3.1.2 Market Forecast
        8.3.2 France
           8.3.2.1 Market Trends
           8.3.2.2 Market Forecast
        8.3.3 United Kingdom
           8.3.3.1 Market Trends
           8.3.3.2 Market Forecast
        8.3.4 Italy
           8.3.4.1 Market Trends
           8.3.4.2 Market Forecast
        8.3.5 Spain
           8.3.5.1 Market Trends
           8.3.5.2 Market Forecast
        8.3.6 Russia
           8.3.6.1 Market Trends
           8.3.6.2 Market Forecast
        8.3.7 Others
           8.3.7.1 Market Trends
           8.3.7.2 Market Forecast
    8.4    Latin America
        8.4.1 Brazil
           8.4.1.1 Market Trends
           8.4.1.2 Market Forecast
        8.4.2 Mexico
           8.4.2.1 Market Trends
           8.4.2.2 Market Forecast
        8.4.3 Others
           8.4.3.1 Market Trends
           8.4.3.2 Market Forecast
    8.5    Middle East and Africa
        8.5.1 Market Trends
        8.5.2 Market Breakup by Country
        8.5.3 Market Forecast
9    SWOT Analysis
    9.1    Overview
    9.2    Strengths
    9.3    Weaknesses
    9.4    Opportunities
    9.5    Threats
10    Value Chain Analysis
11    Porters Five Forces Analysis

    11.1    Overview
    11.2    Bargaining Power of Buyers
    11.3    Bargaining Power of Suppliers
    11.4    Degree of Competition
    11.5    Threat of New Entrants
    11.6    Threat of Substitutes
12    Price Analysis
13    Competitive Landscape

    13.1    Market Structure
    13.2    Key Players
    13.3    Profiles of Key Players
        13.3.1    Amcor PLC
           13.3.1.1 Company Overview
           13.3.1.2 Product Portfolio
        13.3.2    Berkley International Packaging Limited 
           13.3.2.1 Company Overview
           13.3.2.2 Product Portfolio
        13.3.3    Biopak PTY LTD
           13.3.3.1 Company Overview
           13.3.3.2 Product Portfolio
        13.3.4    Elevate Packaging Inc.
           13.3.4.1 Company Overview
           13.3.4.2 Product Portfolio
        13.3.5    Greenpack Limited
           13.3.5.1 Company Overview
           13.3.5.2 Product Portfolio
        13.3.6    International Paper Company
           13.3.6.1 Company Overview
           13.3.6.2 Product Portfolio
           13.3.6.3 Financials
           13.3.6.4 SWOT Analysis
        13.3.7    Kruger Inc.
           13.3.7.1 Company Overview
           13.3.7.2 Product Portfolio
        13.3.8    Mondi Group
           13.3.8.1 Company Overview
           13.3.8.2 Product Portfolio
           13.3.8.3 Financials
           13.3.8.4 SWOT Analysis
        13.3.9    Ranpak Holding Corporation
           13.3.9.1 Company Overview
           13.3.9.2 Product Portfolio
           13.3.9.3 Financials
           13.3.9.4 SWOT Analysis
        13.3.10    Smurfit Kappa Group PLC
           13.3.10.1 Company Overview
           13.3.10.2 Product Portfolio
           13.3.10.3 Financials
        13.3.11    Tetra Pak International SA
           13.3.11.1 Company Overview
           13.3.11.2 Product Portfolio
           13.3.11.3 SWOT Analysis
        13.3.12    Toray Plastics (America) Inc. (Toray Industries Inc)
           13.3.12.1 Company Overview
           13.3.12.2 Product Portfolio

List of Figures

Figure 1: Global: Biodegradable Packaging Market: Major Drivers and Challenges
Figure 2: Global: Biodegradable Packaging Market: Sales Value (in Billion US$), 2016-2021
Figure 3: Global: Biodegradable Packaging Market Forecast: Sales Value (in Billion US$), 2022-2027
Figure 4: Global: Biodegradable Packaging Market: Breakup by Material Type (in %), 2021
Figure 5: Global: Biodegradable Packaging Market: Breakup by Application (in %), 2021
Figure 6: Global: Biodegradable Packaging Market: Breakup by Region (in %), 2021
Figure 7: Global: Biodegradable Packaging (Plastic) Market: Sales Value (in Million US$), 2016 & 2021
Figure 8: Global: Biodegradable Packaging (Plastic) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 9: Global: Biodegradable Packaging (Paper) Market: Sales Value (in Million US$), 2016 & 2021
Figure 10: Global: Biodegradable Packaging (Paper) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 11: Global: Biodegradable Packaging (Food Packaging) Market: Sales Value (in Million US$), 2016 & 2021
Figure 12: Global: Biodegradable Packaging (Food Packaging) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 13: Global: Biodegradable Packaging (Beverage Packaging) Market: Sales Value (in Million US$), 2016 & 2021
Figure 14: Global: Biodegradable Packaging (Beverage Packaging) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 15: Global: Biodegradable Packaging (Pharmaceutical Packaging) Market: Sales Value (in Million US$), 2016 & 2021
Figure 16: Global: Biodegradable Packaging (Pharmaceutical Packaging) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 17: Global: Biodegradable Packaging (Personal/Homecare Packaging) Market: Sales Value (in Million US$), 2016 & 2021
Figure 18: Global: Biodegradable Packaging (Personal/Homecare Packaging) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 19: Global: Biodegradable Packaging (Other Applications) Market: Sales Value (in Million US$), 2016 & 2021
Figure 20: Global: Biodegradable Packaging (Other Applications) Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 21: North America: Biodegradable Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 22: North America: Biodegradable Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 23: United States: Biodegradable Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 24: United States: Biodegradable Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 25: Canada: Biodegradable Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 26: Canada: Biodegradable Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 27: Asia-Pacific: Biodegradable Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 28: Asia-Pacific: Biodegradable Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 29: China: Biodegradable Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 30: China: Biodegradable Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 31: Japan: Biodegradable Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 32: Japan: Biodegradable Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 33: India: Biodegradable Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 34: India: Biodegradable Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 35: South Korea: Biodegradable Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 36: South Korea: Biodegradable Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 37: Australia: Biodegradable Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 38: Australia: Biodegradable Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 39: Indonesia: Biodegradable Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 40: Indonesia: Biodegradable Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 41: Others: Biodegradable Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 42: Others: Biodegradable Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 43: Europe: Biodegradable Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 44: Europe: Biodegradable Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 45: Germany: Biodegradable Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 46: Germany: Biodegradable Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 47: France: Biodegradable Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 48: France: Biodegradable Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 49: United Kingdom: Biodegradable Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 50: United Kingdom: Biodegradable Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 51: Italy: Biodegradable Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 52: Italy: Biodegradable Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 53: Spain: Biodegradable Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 54: Spain: Biodegradable Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 55: Russia: Biodegradable Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 56: Russia: Biodegradable Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 57: Others: Biodegradable Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 58: Others: Biodegradable Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 59: Latin America: Biodegradable Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 60: Latin America: Biodegradable Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 61: Brazil: Biodegradable Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 62: Brazil: Biodegradable Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 63: Mexico: Biodegradable Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 64: Mexico: Biodegradable Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 65: Others: Biodegradable Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 66: Others: Biodegradable Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 67: Middle East and Africa: Biodegradable Packaging Market: Sales Value (in Million US$), 2016 & 2021
Figure 68: Middle East and Africa: Biodegradable Packaging Market: Breakup by Country (in %), 2021
Figure 69: Middle East and Africa: Biodegradable Packaging Market Forecast: Sales Value (in Million US$), 2022-2027
Figure 70: Global: Biodegradable Packaging Industry: SWOT Analysis
Figure 71: Global: Biodegradable Packaging Industry: Value Chain Analysis
Figure 72: Global: Biodegradable Packaging Industry: Porter's Five Forces Analysis

List of Tables

Table 1: Global: Biodegradable Packaging Market: Key Industry Highlights, 2021 and 2027
Table 2: Global: Biodegradable Packaging Market Forecast: Breakup by Material Type (in Million US$), 2022-2027
Table 3: Global: Biodegradable Packaging Market Forecast: Breakup by Application (in Million US$), 2022-2027
Table 4: Global: Biodegradable Packaging Market Forecast: Breakup by Region (in Million US$), 2022-2027
Table 5: Global: Biodegradable Packaging Market: Competitive Structure
Table 6: Global: Biodegradable Packaging Market: Key Players


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