Global Biodegradable Packaging market cagr 6.0%

Biodegradable Packaging Market Scope: Industry

Analysis, Market Size, Growth, Trends Till 2031

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Packaging Market

Biodegradable

Biodegradable Packaging Market Size and Growth

The biodegradable packaging market is expected to witness significant growth due to increasing consumer awareness about environmental sustainability. The market size is estimated to reach USD 19.94 billion by 2027, driven by the rising demand for eco-friendly packaging solutions across various industries. Key players are focusing on developing innovative and biodegradable packaging materials to meet this growing demand.

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Companies Covered (Covid 19 Impact Covered)

◍ Be Green Packaging

◍ Biopak

◍ BASF

◍ International Paper

◍ Mondi

◍ Smurfit Kappa

◍ Stora Enso

◍ Nature Works

◍ Simbiousa

◍ Delta Packaging

◍ RNS Packaging

◍ Cortec Corporation

◍ Green Packaging

◍ AR Metallizing

◍ Amcor

◍ RPC Group

◍ Prolamina Corp

The competitive landscape of the biodegradable packaging market includes key players such as Be Green Packaging, Biopak, BASF, International Paper, Mondi, Smurfit Kappa, Stora Enso, Nature Works, Simbiousa, Delta Packaging, RNS Packaging, Cortec Corporation, Green Packaging, AR Metallizing, Amcor, RPC Group, Prolamina Corp, CAN-PACK, DS Smith. These companies provide sustainable packaging solutions, drive innovation, and promote environmental responsibility.

- Be Green Packaging uses plant-based materials for their biodegradable packaging solutions.

- International Paper focuses on developing recyclable and compostable packaging solutions.

- Nature Works specializes in producing biodegradable plastics from renewable resources.

- Amcor offers a range of sustainable packaging options, including biodegradable materials.

Actual sales revenue figures:

- Smurfit Kappa: $9.8 billion

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- Stora Enso: €10.1 billion

- DS Smith: £6.04 billion