Spain Biodegradable Plastic Films Market Size & Outlook
Spain biodegradable plastic films market, 2018-2030 (US$M)
Related Markets
Spain biodegradable plastic films market highlights
- The Spain biodegradable plastic films market generated a revenue of USD 51.0 million in 2023 and is expected to reach USD 59.5 million by 2030.
- The Spain market is expected to grow at a CAGR of 2.2% 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 51.0 million |
| Market revenue in 2030 | USD 59.5 million |
| Growth rate | 2.2% (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, Spain accounted for 4.5% 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.
No credit card required*
Horizon in a snapshot
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
Biodegradable Plastic Films Market Scope
Biodegradable Plastic Films Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Spain 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 41.57% in 2023. Horizon Databook has segmented the Spain 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.
A growing number of end-use industries and an increase in foreign investments are the key drivers of the packaging industry in the country.
The sharp rise in demand for packaging across several industries, along with a shift in the trend toward sustainable and environmentally friendly plastic packaging materials across the country, is projected to drive the growth of the biodegradable plastics market over the forecast period.
In April 2022, the Spanish government established a comprehensive waste reduction policy that strongly supports the use of reusable and recyclable food packaging and includes goals for reducing single-use plastic waste.
Reasons to subscribe to Spain biodegradable plastic films market databook:
-
Access to comprehensive data: Horizon Databook provides over 1 million market statistics and 20,000+ reports, offering extensive coverage across various industries and regions.
-
Informed decision making: Subscribers gain insights into market trends, customer preferences, and competitor strategies, empowering informed business decisions.
-
Cost-Effective solution: It's recognized as the world's most cost-effective market research database, offering high ROI through its vast repository of data and reports.
-
Customizable reports: Tailored reports and analytics allow companies to drill down into specific markets, demographics, or product segments, adapting to unique business needs.
-
Strategic advantage: By staying updated with the latest market intelligence, companies can stay ahead of competitors, anticipate industry shifts, and capitalize on emerging opportunities.
Target buyers of Spain biodegradable plastic films market databook
-
Our clientele includes a mix of biodegradable plastic films market companies, investment firms, advisory firms & academic institutions.
-
30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
-
Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
-
The rest of the revenue is generated working with academic and research not-for-profit institutes. We do our bit of pro-bono by working with these institutions at subsidized rates.
Horizon Databook provides a detailed overview of country-level data and insights on the Spain biodegradable plastic films market , including forecasts for subscribers. This country databook contains high-level insights into Spain biodegradable plastic films market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
Partial client list
Spain biodegradable plastic films market size, by type, 2018-2030 (US$M)
Spain Biodegradable Plastic Films Market Outlook Share, 2023 & 2030 (US$M)
Related regional statistics
Sign up - it's easy, and free!
Sign up and get instant basic access to databook, upgrade
when ready, or enjoy our
free plan indefinitely.
Included in Horizon account
- 30K+ Global Market Reports
- 120K+ Country Reports
- 1.2M+ Market Statistics
- 200K+ Company Profiles
- Industry insights and more
