Biodegradable Paper And Plastics Packaging Market
Biodegradable Paper And Plastics Packaging Market
Scope: Industry Analysis, Market Size, Growth, Trends Till 2031
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Biodegradable Paper And Plastics Packaging Market Size and Growth
The biodegradable paper and plastics packaging market is experiencing significant growth, driven by rising environmental awareness and regulatory support. The global market size is projected to reach approximately $500 million by 2025, with a compound annual growth rate exceeding 12%.
Sustainable packaging solutions are increasingly preferred across various industries.
Companies Covered
(Covid 19 Impact Covered)
◍ BASF
◍ Smurfit Kappa Group
◍ Stora Enso
◍ Rocktenn
◍ Mondi Group
The biodegradable paper and plastics packaging market features key players like BASF, Smurfit Kappa Group, Stora Enso, Rocktenn, and Mondi Group. These companies innovate sustainable solutions, enhancing market growth through eco-friendly products. Their commitment drives sales and expands market presence, promoting environmental responsibility in packaging.
- BASF: €78 billion (2022)
- Smurfit Kappa Group: €10.59 billion (2021)
- Stora Enso: €10.68 billion (2022)
- RockTenn (now WestRock): $18 billion (2022)
- Mondi Group: €7.58 billion (2021)
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Market Segmentation
By Application
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By Product
Market Growth
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$ X Billion USD
