Italy Biodegradable Plastic Films Market Size & Outlook
Italy biodegradable plastic films market, 2018-2030 (US$M)
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Italy biodegradable plastic films market highlights
- The Italy biodegradable plastic films market generated a revenue of USD 60.0 million in 2023 and is expected to reach USD 71.3 million by 2030.
- The Italy market is expected to grow at a CAGR of 2.5% from 2024 to 2030.
- In terms of segment, starch blends was the largest revenue generating type in 2023.
- Starch Blends is the most lucrative type segment registering the fastest growth during the forecast period.
Biodegradable plastic films market data book summary
| Market revenue in 2023 | USD 60.0 million |
| Market revenue in 2030 | USD 71.3 million |
| Growth rate | 2.5% (CAGR from 2023 to 2030) |
| Largest segment | Starch blends |
| Fastest growing segment | Starch Blends |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 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) |
| Key market players worldwide | Basf SE, Kingfa Technology, Cortec Corporation, Futamura, BioBag International, Plastchim-T, Clondalkin Group, Tipa, Brentwood Industries |
Other key industry trends
- In terms of revenue, Italy accounted for 5.3% of the global biodegradable plastic films market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In Europe, Germany biodegradable plastic films market is projected to lead the regional market in terms of revenue in 2030.
- UK is the fastest growing regional market in Europe and is projected to reach USD 89.2 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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Italy 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 41.5% in 2023. Horizon Databook has segmented the Italy 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.
The market in Italy is supported by the growth of major end-use industries, such as packaging, construction, and consumer goods.
Rising environmental impact concerns is likely to promote sustainability, and improve the energy efficiency of buildings, thus fueling the consumption of biodegradable plastics across a broad range of construction applications.
The adaptability and ability of biodegradable plastics to degrade sustainably serve as a feasible option for addressing environmental issues in the construction industry.
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Horizon Databook provides a detailed overview of country-level data and insights on the Italy biodegradable plastic films market , including forecasts for subscribers. This country databook contains high-level insights into Italy biodegradable plastic films market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Italy biodegradable plastic films market size, by type, 2018-2030 (US$M)
Italy Biodegradable Plastic Films Market Outlook Share, 2023 & 2030 (US$M)
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