Biodegradable Packaging Market Research Report Information By Type (Recycled Content Packaging, Reusable Packaging, and Degradable Packaging), By Material Type (Plastic, Paper & Paperboard, and Bagasse), By Packaging Format (Bottles & Jars, Boxes & Cartons, Cans, Trays & Clamshells, Cups & Bowls, Pouches & Bags, Films & Wraps, Labels & Tapes, and Others), By Application (Food & Beverages, Personal Care, Healthcare, and Others), By Distribution Channel (Wholesalers, Retailers, Distributors, Resellers, and Others), and By Region (North Americ

Global Biodegradable Packaging Market Overview

Biodegradable Packaging Market Size was valued at USD 89.3 Billion in 2022. The Biodegradable Packaging industry is projected to grow from USD 95.7 Billion in 2023 to USD 167.0 Billion by 2032, exhibiting a compound annual growth rate (CAGR) of 7.20% during the forecast period (2023 - 2032). An increase in the demand for recyclable and biodegradable goods across a variety of end-user industries and a desire among consumers for eco-friendly packaging materials, are the key market drivers enhancing the market growth.

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Biodegradable Packaging Market Trends

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  Increased consumer preference toward sustainable packaging materials is driving the market growth

  
  

The market for biodegradable packaging materials has been expanding quickly as a result of the rising demand for recyclable and environmentally friendly alternatives. The market solutions have the property of degrading or converting into natural materials when subjected to microbial action. Additionally, these biodegradable polymers are either fossil- or bio-based and are typically derived from natural resources and produced using environmentally friendly manufacturing techniques.

The packaging sector uses items from the biodegradable packaging materials market, which has been expanding due to the rise in demand for recyclable materials in end-use industries. These sectors include healthcare, food and beverage, and pharmaceuticals. Among these, the food packaging business uses biodegradable packaging materials to encourage eco-friendly living in many different parts of the world. The adoption of these biodegradable packaging materials is projected to gain speed as a result of several international and regional legislation aimed at reducing the ecological risks posed by overflowing landfills. Along with this, there has been an increase in demand for these solutions in recent years as a result of the significant and ongoing push to adopt sustainability in modern living.

The market for biodegradable packaging in the beverage sector is expected to grow due to the ongoing demand for bottled water and non-alcoholic beverages. The need for high-quality drinking water in particular, the worry that drinking contaminated tap water would make them sick, and the mobility and convenience that bottled water offers are all reasons that contribute to the demand for bottled water.

The packaging industry is currently anticipated to see a rise in the development of affordable biodegradable packaging materials. The market for biodegradable packaging materials is also expected to offer potential for revenue development as a result of industry-wide product improvements. Thus, driving the Biodegradable Packaging market revenue.

Biodegradable Packaging Market Segment Insights

Biodegradable Packaging Type Insights

The Biodegradable Packaging Market segmentation, based on Type, includes recycled content packaging, reusable packaging, and degradable packaging. In 2022, degradable packaging controlled the world market. Initiatives by industry associations, brand owners, packaging companies, and others to promote sustainability programs that will increase the recycling rates of various types of packaging materials will aid in the segment's growth.

Biodegradable Packaging Material Type Insights

The Biodegradable Packaging Market segmentation, based on Material Type, includes plastic, paper & paperboard, and bagasse. Since paper is made from fully biodegradable wood pulp, the paper & paperboard segment dominated the global market in 2022 and is heavily preferred by manufacturers of biodegradable packaging. By the end of 2032, the biodegradable paper & paperboard packaging segment is anticipated to account for 85% of the worldwide biodegradable packaging market.

Biodegradable Packaging: Packaging Format Insights

The Biodegradable Packaging Market segmentation, based on Packaging Format, includes bottles & jars, boxes & cartons, cans, trays & clamshells, cups & bowls, pouches & bags, films & wraps, labels & tapes, and others. During the forecast period, the market for biodegradable packaging is expected to be dominated by boxes & cartons. The reason for this is because many end use sectors are increasingly favoring rigid packaging, such as boxes and cartons.

Biodegradable Packaging Application Insights

The Biodegradable Packaging Market segmentation, based on Application, includes food & beverages, personal care, healthcare, and others. The food & beverage industry dominates the global market for biodegradable packaging. Convenience food dominates the market for food and beverage packaging because of its portability, prolonged shelf life, and straightforward manufacturing. Convenience food categories cover frozen foods, snacks, finger foods, beverages, and other products. The meal components typically come in heated, on-the-go containers and take less time to prepare.

Biodegradable Packaging Distribution Channel Insights

The Biodegradable Packaging Market segmentation, based on Distribution Channel, includes wholesalers, retailers, distributors, resellers, and others. Due to the rising demand for biodegradable packaging in the commercial F&B sector around the world, the wholesalers sub-segment led the global market in 2022 and is anticipated to continue dominating it during the forecast period.

Figure 1: Biodegradable Packaging Market, by Distribution Channel, 2022 & 2032 (USD Billion)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

Biodegradable Packaging Regional Insights

By Region, the study provides the market insights into North America, Europe, Asia-Pacific and Rest of the World. North America Biodegradable Packaging market dominated the Biodegradable Packaging Market in 2022. The market for biodegradable packaging materials is anticipated to be driven by U.S. Food Packaging Regulations established by the U.S. Food and Drug Administration (FDA), which regulate materials like plastics, papers, etc. to ensure they are safer to use along with growing consumer awareness of eco-friendly packaging. Further, the U.S. Biodegradable Packaging market held the largest market share, and the Canada Biodegradable Packaging market was the fastest growing market in the North America region.

Further, the major countries studied in the market report are The U.S., Canada, German, France, the U.K, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil.

Figure 2: BIODEGRADABLE PACKAGING MARKET SHARE BY REGION 2022 (%)

Source: Secondary Research, Primary Research, MRFR Database and Analyst Review

The European Biodegradable Packaging market is expected to witness a decent growth rate during the forecast period. The market for biodegradable packaging materials in Europe is expected to be driven by favorable government laws as well as growing consumer awareness of environmentally friendly packaging. Further, the German Biodegradable Packaging market held the largest market share, and the U.K Biodegradable Packaging market was the fastest growing market in the European region.

Asia Pacific Biodegradable Packaging market is projected to exhibit the fastest growth over the forecast period. Convenient foods and beverages are being consumed more frequently as a result of the growing population density. In addition, the green packaging manufacturers in China, India, Japan, and South Korea are expected to put more of an emphasis on ecologically friendly packaging alternatives in response to growing consumer environmental concerns, which will lead to a growth in the regional market. Further, China’s Biodegradable Packaging market held the largest market share, and the Indian Biodegradable Packaging market was the fastest growing market in the Asia-Pacific region.

Biodegradable Packaging Key Market Players & Competitive Insights

Leading market players are investing heavily in research and development in order to expand their Product lines, which will help the Biodegradable Packaging market, grow even more. Market participants are also undertaking a variety of strategic activities to expand their global footprint, with important market developments including new product launches, contractual agreements, mergers and acquisitions, higher investments, and collaboration with other organizations. To expand and survive in a more competitive and rising market climate, Biodegradable Packaging Industry must offer cost-effective items.

Manufacturing locally to minimize operational costs is one of the key business tactics used by manufacturers in the global Biodegradable Packaging Industry to benefit clients and increase the market sector. In recent years, the Biodegradable Packaging Industry has offered some of the most significant advantages to medicine. Major players in the Biodegradable Packaging market, including Amcor, Be Green Packaging, DS Smith, DuPont, Evergreen Packaging, Mondi, Nampak, Ball Corp., Sealed Air, Tetra Laval, are attempting to increase market demand by investing in research and development operations.

The company Smurfit Kappa Group Plc (Smurfit) offers paper packaging services. Corrugated containers, container boards, and other paper-based packaging materials are produced, distributed, and marketed by this company. The company sells corrugated and packaging goods, paper bags, protective packaging items, container boards, kraftliners, and graphic and solid boards. Recovered papers and packaging equipment are also available. Smurfit Kappa stated in January 2022 that it would invest USD 33 million in its Fortaleza, Brazil, facility to increase its capacity to fulfill the rising demand for creative and environmentally friendly packaging.

Amcor Plc (Amcor) provides packaging solutions. Its selection of plastic, fiber, metal, and glass packaging products includes pet bottles, plastic bottles and jars, capsules and closures, customized folding cartons, free films, bags and pouches, wrappers, rigid containers, laminates, and flow packs, to name a few. The company's products are used in a variety of sectors, including the food, pharmaceutical, medical device, personal care, pet care, home care, and specialized cartons industries. Additionally, it serves the markets for healthcare, pharmaceuticals, personal care, and home goods. The corporation has operations throughout Oceania, North America, Western Europe, and the Asia-Pacific region. The U.K. city of Bristol serves as the headquarters of Amcor. In June 2021, Amcor debuted an eco-friendly chocolate packaging in South America. The company designed and produced reusable plastic cocoa powder canisters. The packaging reduced the carbon effect by 53% as compared to the previous packing.

Key Companies in the Biodegradable Packaging market include

• Amcor


• Be Green Packaging


• DS Smith


• DuPont


• Evergreen Packaging


• Mondi


• Nampak


• Ball Corp.


• Sealed Air


• Tetra Laval

Biodegradable Packaging Industry Developments

April 2022 Happiness Moon, Co. Ltd. (Happiness Moon) and Karat Packaging Inc. signed a joint venture agreement to construct a new factory in Taiwan for producing compostable foodservice items from bagasse.

March 2022 Corrugated packaging received a US$285 million investment from Mondi to help the company move on with its plans for sustainable growth.

Biodegradable Packaging Market Segmentation

Biodegradable Packaging: Type Outlook

• Recycled Content Packaging


• Reusable Packaging


• Degradable Packaging

Biodegradable Packaging Material Type Outlook

• Plastic


• Paper & Paperboard


• Bagasse

Biodegradable Packaging: Packaging Format Outlook

• Bottles & Jars


• Boxes & Cartons


• Cans


• Trays & Clamshells


• Cups & Bowls


• Pouches & Bags


• Films & Wraps


• Labels & Tapes


• Others

Biodegradable Packaging Application Outlook

• Food & Beverages


• Personal Care


• Healthcare


• Others

Biodegradable Packaging Distribution Channel Outlook

• Wholesalers


• Retailers


• Distributors


• Resellers


• Others

Biodegradable Packaging Regional Outlook

• North America
  
  
  
  • US
  
  
  • Canada
  
  
  
  


• Europe
  
  
  
  • Germany
  
  
  • France
  
  
  • U.K.
  
  
  • Italy
  
  
  • Spain
  
  
  • Rest of Europe
  
  
  
  


• Asia-Pacific
  
  
  
  • China
  
  
  • Japan
  
  
  • India
  
  
  • Australia
  
  
  • South Korea
  
  
  • Australia
  
  
  • Rest of Asia-Pacific
  
  
  
  


• Rest of the World
  
  
  
  • Middle East
  
  
  • Africa
  
  
  • Latin America
  
  
  
  

Report Scope:

Report Attribute/Metric	Details
Market Size 2022	USD 89.3 Billion
Market Size 2023	USD 95.7 Billion
Market Size 2032	USD 167.0 Billion
Compound Annual Growth Rate (CAGR)	7.20% (2023-2032)
Base Year	2022
Market Forecast Period	2023-2032
Historical Data	2018- 2022
Market Forecast Units	Value (USD Billion)
Report Coverage	Revenue Forecast, Market Competitive Landscape, Growth Factors, and Trends
Segments Covered	Type, Material Type, Packaging Format, Application, Distribution Channel, and Region
Geographies Covered	North America, Europe, Asia Pacific, and the Rest of the World
Countries Covered	The U.S., Canada, German, France, U.K, Italy, Spain, China, Japan, India, Australia, South Korea, and Brazil
Key Companies Profiled	Amcor, Be Green Packaging, DS Smith, DuPont, Evergreen Packaging, Mondi, Nampak, Ball Corp., Sealed Air, Tetra Laval
Key Market Opportunities	Environmental concerns
Key Market Dynamics	Increased consumer preference toward sustainable packaging materials and expanding demand for recyclable and biodegradable products across various end-user industries

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