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Compostable Plastic Packaging Market Industry Analysis and Forecast By 2029

Author : NIlesh Tak | Published On : 25 Apr 2024

This Compostable Plastic Packaging market report has been prepared by considering several fragments of the present and upcoming market scenario. The market insights gained through this market research analysis report facilitates more clear understanding of the market landscape, issues that may interrupt in the future, and ways to position definite brand excellently. It consists of most-detailed market segmentation, thorough analysis of major market players, trends in consumer and supply chain dynamics, and insights about new geographical markets. The market insights covered in Compostable Plastic Packaging report simplifies managing marketing of goods and services effectively.

Data Bridge Market Research analyses that the compostable plastic packaging market was valued at USD 1.61 billion in 2021 and is expected to reach USD 3.80 billion by 2029, registering a CAGR of 11.35 % during the forecast period of 2022 to 2029. 

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Market Overview:

Packaging is one of the major industries overall world. The compostable plastic packaging is an easily compostable than other plastic packaging. Compostable plastic packaging is widely used in packaging products conveyed from one place to another, as plastic allows logistics companies to transport their goods over a large distance and in any ecological condition. In the wake of sustainable development, logistic end users industry are more inclined towards using compostable plastic packaging because it is not harmful to the environment and human health. Compostable plastic packaging helps to protect product from water, dust, and other weather conditions, thus helping keep packed products secure and safe.

Some of the major players operating in the Compostable Plastic Packaging market are TIPA LTD (Israel), SmartSolve Industries (U.S.), Özsoy Plastik (Turkey), Ultra Green Sustainable Packaging (U.S.), Hosgör Plastik (Turkey), Eurocell S.r.l (U.K.), Tetra Pak International S.A. (Switzerland), Kruger Inc. (Canada), Amcor PLC (Switzerland), Mondi (U.K.), Smurfit Kappa (U.S.), DS Smith (U.K.), Klabin SA (Brazil), Rengo Co. Ltd (Japan), WestRock Company (U.S.), Stora Enso (Sweden), Bemis manufacturing company (U.S.), Rocktenn (U.S.), BASF SE (Germany) among others.

Global Compostable Plastic Packaging Market Scope

The compostable plastic packaging market is segmented on the basis of material, application and end-user. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Material

  • PBAT

  • PBS

  • PLA

  • PHA

  • Starch Blends

  • Others

 Application

  • Bags

  • Pouches

  • Boxes

  • Bottles

  • Cups

  • Trays

  • Plates and Bowls

  • Other

End User

  • Food Service

  • Food and Beverage

  • Cosmetics and Personal Care

  • Homecare

  • Healthcare

  • Others

Browse More About This Research Report @ https://www.databridgemarketresearch.com/reports/global-compostable-plastic-packaging-market 

Table of Content:

Part 01: Executive Summary

Part 02: Scope of the Report

Part 03: Global Compostable Plastic Packaging Market Landscape

Part 04: Global Compostable Plastic Packaging Market Sizing

Part 05: Global Compostable Plastic Packaging Market Segmentation By Product

Part 06: Five Forces Analysis

Part 07: Customer Landscape

Part 08: Geographic Landscape

Part 09: Decision Framework

Part 10: Drivers and Challenges

Part 11: Market Trends

Part 12: Vendor Landscape

Part 13: Vendor Analysis

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