Asia Pacific Bioplastic Packaging Market Size & Outlook
Asia Pacific bioplastic packaging market, 2018-2030 (US$M)
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Asia Pacific bioplastic packaging market highlights
- The Asia Pacific bioplastic packaging market generated a revenue of USD 3,713.9 million in 2021.
- The market is expected to grow at a CAGR of 18.6% from 2022 to 2030.
- In terms of segment, biodegradable was the largest revenue generating material in 2021.
- Biodegradable is the most lucrative material segment registering the fastest growth during the forecast period.
- Country-wise, India is expected to register the highest CAGR from 2022 to 2030.
Asia Pacific data book summary
| Market revenue in 2021 | USD 3,713.9 million |
| Market revenue in 2030 | USD 17,263.0 million |
| Growth rate | 18.6% (CAGR from 2021 to 2030) |
| Largest segment | Biodegradable |
| Fastest growing segment | Biodegradable |
| Historical data covered | 2018 - 2020 |
| Base year for estimation | 2021 |
| Forecast period covered | 2022 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Biodegradable, Non-Biodegradable |
| Key market players worldwide | Amcor PLC, Eni, Cargill, Sealed Air Corp, Alpha Packaging, Constantia Flexibles, Mondi PLC, Transcontinental Inc Shs -A- Voting Subord., Coveris, ALPLA |
Other key industry trends
- In terms of revenue, Asia Pacific region accounted for 30.0% of the global bioplastic packaging market in 2021.
- Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 17,263.0 million by 2030.
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Bioplastic Packaging Market Scope
Bioplastic Packaging Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|
Asia Pacific bioplastic packaging 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 bioplastic packaging market will help companies and investors design strategic landscapes.
Biodegradable was the largest segment with a revenue share of 53.92% in 2021. Horizon Databook has segmented the Asia Pacific bioplastic packaging market based on biodegradable, non-biodegradable covering the revenue growth of each sub-segment from 2018 to 2030.
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Target buyers of Asia Pacific bioplastic packaging market databook
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Our clientele includes a mix of bioplastic packaging market companies, investment firms, advisory firms & academic institutions.
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30% of our revenue is generated working with investment firms and helping them identify viable opportunity areas.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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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 continent-level data and insights on the Asia Pacific bioplastic packaging market , including forecasts for subscribers. This continent databook contains high-level insights into Asia Pacific bioplastic packaging market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Asia Pacific bioplastic packaging market size, by country, 2018-2030 (US$M)
Asia Pacific Bioplastic Packaging Market Outlook Share, 2021 & 2030 (US$M)
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