Vietnam Biodegradable Plastic Films Market Size & Outlook

The biodegradable plastic films market in Vietnam is expected to reach a projected revenue of US$ 10.1 million by 2030. A compound annual growth rate of 5.8% is expected of Vietnam biodegradable plastic films market from 2026 to 2030.
Revenue, 2025 (US$M)
$7.6
Forecast, 2030 (US$M)
$10.1
CAGR, 2026 - 2030
5.8%
Report Coverage
Vietnam

Vietnam biodegradable plastic films market, 2018-2030 (US$M)

Vietnam

Vietnam biodegradable plastic films market highlights

  • The Vietnam biodegradable plastic films market generated a revenue of USD 7.0 million in 2023 and is expected to reach USD 10.1 million by 2030.
  • The Vietnam market is expected to grow at a CAGR of 5.5% 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 2023USD 7.0 million
Market revenue in 2030USD 10.1 million
Growth rate5.5% (CAGR from 2023 to 2030)
Largest segmentStarch blends
Fastest growing segmentStarch Blends
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationStarch Blends, Polylactic Acid, Poly(butylene adipate-co-terephthalate) (PBAT), Polybutylene succinate (PBS), Polyhydroxyalkanoates (PHA), Others (Cellulose Films)
Key market players worldwideBasf SE, Kingfa Technology, Cortec Corporation, Futamura, BioBag International, Plastchim-T, Clondalkin Group, Tipa, Brentwood Industries

Other key industry trends

  • In terms of revenue, Vietnam accounted for 0.6% 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 Asia Pacific, China biodegradable plastic films market is projected to lead the regional market in terms of revenue in 2030.
  • China is the fastest growing regional market in Asia Pacific and is projected to reach USD 86.6 million by 2030.

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Biodegradable Plastic Films Market Companies

Name Profile # Employees HQ Website

Vietnam 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 41.43% in 2025. Horizon Databook has segmented the Vietnam 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.


  • Vietnam 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)
  • Vietnam Biodegradable Plastic Films Application Outlook (Revenue, USD Million, 2018-2030)
    • Bags
    • Wrapping Films
    • Liners
    • Sheets
    • Others
  • Vietnam 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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  • 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.
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Horizon Databook provides a detailed overview of country-level data and insights on the Vietnam biodegradable plastic films market , including forecasts for subscribers. This country databook contains high-level insights into Vietnam biodegradable plastic films market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Vietnam biodegradable plastic films market size, by type, 2018-2030 (US$M)

Vietnam Biodegradable Plastic Films Market Outlook Share, 2025 & 2030 (US$M)

Vietnam biodegradable plastic films market size, by type, 2018-2030 (US$M)

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