Global Biodegradable Plastic Films Market Size & Outlook
Global biodegradable plastic films market, 2018-2030 (US$M)
Related Markets
Global biodegradable plastic films market highlights
- The global biodegradable plastic films market generated a revenue of USD 1,132.8 million in 2023 and is expected to reach USD 1,494.8 million by 2030.
- The market is expected to grow at a CAGR (2024 - 2030) of 4% by 2030.
- In terms of segment, starch blends accounted for a revenue of USD 470.7 million in 2023.
- Starch Blends is the most lucrative type segment registering the fastest growth during the forecast period.
- In terms of region, Europe was the largest revenue generating market in 2023.
- Country-wise, South Africa is expected to register the highest CAGR from 2024 to 2030.
Global data book summary
| Market revenue in 2023 | USD 1,132.8 million |
| Market revenue in 2030 | USD 1,494.8 million |
| Growth rate | 4% (CAGR from 2023 to 2030) |
| Largest segment | Starch blends |
| Fastest growing segment | Starch Blends |
| Historical data covered | 2018 - 2022 |
| Base year for estimation | 2023 |
| Forecast period covered | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Starch Blends, Polylactic Acid, Poly(butylene adipate-co-terephthalate) (PBAT), Polybutylene succinate (PBS), Polyhydroxyalkanoates (PHA), Others (Cellulose Films) |
Other key industry trends
- In terms of revenue, the North America accounted for 29.6% of the global biodegradable plastic films market in 2023.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, South Africa is the fastest growing regional market and is projected to reach USD 6.0 million by 2030.
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Biodegradable Plastic Films Market Scope
Biodegradable Plastic Films Market Companies
| Name | Profile | # Employees | HQ | Website |
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Global biodegradable plastic films market outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to biodegradable plastic films market will help companies and investors design strategic landscapes.
Starch blends was the largest segment with a revenue share of 41.55% in 2023. Horizon Databook has segmented the Global biodegradable plastic films market based on starch blends, polylactic acid, poly(butylene adipate-co-terephthalate) (pbat), polybutylene succinate (pbs), polyhydroxyalkanoates (pha), others (cellulose films) covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Biodegradable Plastic Films Type Outlook (Revenue, USD Million, 2018-2030)
- Starch Blends
- Polylactic Acid
- Poly(butylene adipate-co-terephthalate) (PBAT)
- Polybutylene succinate (PBS)
- Polyhydroxyalkanoates (PHA)
- Others (Cellulose Films)
- Global Biodegradable Plastic Films Application Outlook (Revenue, USD Million, 2018-2030)
- Bags
- Wrapping Films
- Liners
- Sheets
- Others
- Global Biodegradable Plastic Films End Use Outlook (Revenue, USD Million, 2018-2030)
- Food & Beverage
- Healthcare
- Agriculture
- Personal Care & Cosmetics
- Electrical & Electronics
- Others
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Horizon Databook provides a detailed overview of global-level data and insights on the Global biodegradable plastic films market , including forecasts for subscribers. This global databook contains high-level insights into Global biodegradable plastic films market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global biodegradable plastic films market size, by regions, 2018-2030 (US$M)
Top 10 countries: Biodegradable plastic films market size, 2023 (US$M)
Global biodegradable plastic films market share, by type, 2023 & 2030 (%, US$M)
Biodegradable plastic films market: Opportunity assessment by country
Global biodegradable plastic films market, by region, 2023 (US$M)
Related regional statistics
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