Biodegradable Packaging Materials Market by Product, Application, and Geography - Forecast and Analysis 2021-2025

  • Published: Jul 2021
  • Pages: 120
  • SKU: IRTNTR70768

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The biodegradable packaging materials market value is projected to grow by USD 27.09 billion at a CAGR of 5.90% during 2021-2025.

This biodegradable packaging materials market research report provides valuable insights on the post COVID-19 impact on the market, which will help companies evaluate their business approaches. Furthermore, this report extensively covers market segmentations by product (paper packaging materials and bioplastic packaging materials), application (food packaging, beverage packaging, pharmaceutical, personal and home care packaging, and others), and geography (Europe, North America, APAC, MEA, and South America). The biodegradable packaging materials market report also offers information on several market vendors, including Amcor Plc, BASF SE, Georgia-Pacific LLC, Holmen AB, International Paper Co., Kruger Inc., Mondi Group, PMMI Media Group, Smurfit Kappa Group Plc, and Stora Enso Oyj among others.

What will the Biodegradable Packaging Materials Market Size be in 2021?

Biodegradable-Packaging-Materials-Market-Market-Size-2020-2025

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Biodegradable Packaging Materials Market: Key Drivers and Trends

Key drivers such as the shift toward use of bioplastic packaging by end-users are notably supporting the biodegradable packaging materials market growth. However, one of the foremost factors impeding market growth is high cost of biodegradable packaging. Get detailed insights on the trends and challenges to stay prepared for the obstacles in the future, which will help companies analyze and develop growth strategies.

This post-pandemic biodegradable packaging materials market report has assessed the shift in consumer behavior and identified trends and drivers that will help market players outmaneuver challenges. Technology innovations, implementation, and improvisation scope identified in the biodegradable packaging materials market trends is essential for building new business opportunities across segmentations and geographies.

Who are the Major Biodegradable Packaging Materials Market Vendors?

The biodegradable packaging materials market forecast report provides insights on complete key vendor profiles and their business strategies to reimage themselves. The profiles covered in the report are as follows:

 

  • Amcor Plc
  • BASF SE
  • Georgia-Pacific LLC
  • Holmen AB
  • International Paper Co.
  • Kruger Inc.
  • Mondi Group
  • PMMI Media Group
  • Smurfit Kappa Group Plc
  • Stora Enso Oyj

 

The biodegradable packaging materials market is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. Click here to uncover other successful business strategies deployed by the vendors.

To make the most of the opportunities and recover from post COVID-19 impact, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

Download a free sample of the biodegradable packaging materials market forecast report for insights on complete key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.

Which are the Key Regions for Biodegradable Packaging Materials Market?

Biodegradable-Packaging-Materials-Market-Market-Share-by-Region-2020-2025

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34% of the market’s growth will originate from Europe during the forecast period. The UK and Germany are the key markets for biodegradable packaging materials market in Europe.

Europe has been recording significant growth rate and is expected to offer several business opportunities to market vendors during the forecast period. One of the key factors driving the growth in Europe is government initiatives that promote the use of bioplastic packaging. To garner further competitive intelligence and regional opportunities in store for vendors, view our sample report.

What are the Revenue-generating Product Segments in the Biodegradable Packaging Materials Market?

Biodegradable-Packaging-Materials-Market-Market-Share-by-Product-2020-2025

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The biodegradable packaging materials market share growth by the paper packaging materials segment has been significant. The biodegradable packaging materials market report provides comprehensive understanding of the subsegments of the target market to identify niche customer groups and demographic requirements. Furthermore, the report provides insights on the impact of COVID-19 on market segments, which can be used to deduce transformation patterns in consumer behavior in the coming years and improvise business plans.

This report provides an accurate prediction of the contribution of all the segments to the growth of the biodegradable packaging materials market size. Request for a free sample of the report to get an exclusive glimpse of actionable market insights on post COVID-19 impact on each segment.

 

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What are the Key Factors Covered in this Biodegradable Packaging Materials Market Report?

  • CAGR of the market during the forecast period 2021-2025
  • Detailed information on factors that will drive biodegradable packaging materials market growth during the next five years
  • Precise estimation of the biodegradable packaging materials market size and its contribution to the parent market
  • Accurate predictions on upcoming trends and changes in consumer behavior
  • The growth of the biodegradable packaging materials market across Europe, North America, APAC, MEA, and South America 
  • A thorough analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of biodegradable packaging materials market vendors

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Research Framework

Technavio presents a detailed picture of the market by way of study, synthesis, and summation of data from multiple sources. The analysts have presented the various facets of the market with a particular focus on identifying the key industry influencers. The data thus presented is comprehensive, reliable, and the result of extensive research, both primary and secondary.

INFORMATION SOURCES

Primary sources

  • Manufacturers and suppliers
  • Channel partners
  • Industry experts
  • Strategic decision makers

Secondary sources

  • Industry journals and periodicals
  • Government data
  • Financial reports of key industry players
  • Historical data
  • Press releases

DATA ANALYSIS

Data Synthesis

  • Collation of data
  • Estimation of key figures
  • Analysis of derived insights

Data Validation

  • Triangulation with data models
  • Reference against proprietary databases
  • Corroboration with industry experts

REPORT WRITING

Qualitative

  • Market drivers
  • Market challenges
  • Market trends
  • Five forces analysis

Quantitative

  • Market size and forecast
  • Market segmentation
  • Geographical insights
  • Competitive landscape
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The biodegradable packaging materials market growth will increase by $27090.48 million during 2020-2025.
The biodegradable packaging materials market is expected to grow at a CAGR of 5.90% during 2020-2025.
Technavio has segmented the biodegradable packaging materials market by product (Paper packaging materials and Bioplastic packaging materials) ,application (Food packaging, Beverage packaging, Pharmaceutical, Personal and home care packaging, and Others) , and geographic (Europe, North America, APAC, MEA, and South America).
Amcor Plc, BASF SE, Georgia-Pacific LLC, Holmen AB, International Paper Co., Kruger Inc., Mondi Group, PMMI Media Group, Smurfit Kappa Group Plc, Stora Enso Oyj are a few of the key vendors in the biodegradable packaging materials market.
Europe will register the highest growth rate of 33.58% among the other regions. Therefore, the biodegradable packaging materials market in Europe is expected to garner significant business opportunities for the vendors during the forecast period.
The key factors driving the biodegradable packaging materials market growth are:
  • Shift toward use of bioplastic packaging by end-users
The biodegradable packaging materials market vendors should focus on grabbing business opportunities from the paper packaging materials segment as it accounted for the largest market share in the base year.
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