Global Compostable Multilayer Films Market Size & Outlook
Global compostable multilayer films market, 2018-2030 (US$M)
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Global compostable multilayer films market highlights
- The global compostable multilayer films market generated a revenue of USD 1,416.0 million in 2024 and is expected to reach USD 2,447.4 million by 2030.
- The market is expected to grow at a CAGR (2025 - 2030) of 9.7% by 2030.
- In terms of segment, pla (polylactic acid) accounted for a revenue of USD 678.0 million in 2024.
- PHA (Polyhydroxyalkanoates) is the most lucrative material type segment registering the fastest growth during the forecast period.
- In terms of region, North America was the largest revenue generating market in 2024.
- Country-wise, India is expected to register the highest CAGR from 2025 to 2030.
Global data book summary
| Market revenue in 2024 | USD 1,416.0 million |
| Market revenue in 2030 | USD 2,447.4 million |
| Growth rate | 9.7% (CAGR from 2025 to 2030) |
| Largest segment | Pla (polylactic acid) |
| Fastest growing segment | PHA (Polyhydroxyalkanoates) |
| Historical data covered | 2018 - 2023 |
| Base year for estimation | 2024 |
| Forecast period covered | 2025 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | PLA (Polylactic Acid), PHA (Polyhydroxyalkanoates), Starch-based Films, Cellulose-based Films, Other Materials |
Other key industry trends
- In terms of revenue, the North America accounted for 37.2% of the global compostable multilayer films market in 2024.
- By country, the U.S. is projected to lead the global market in terms of revenue in 2030.
- By country, India is the fastest growing regional market and is projected to reach USD 137.3 million by 2030.
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Compostable Multilayer Films Market Scope
Compostable Multilayer Films Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Earthfirst | View profile | 101-250 | Columbus, Ohio, United States, North America | https://earthfirstfilms.com |
| Taghleef Industries | View profile | 1001-5000 | Newark, Delaware, United States, North America | http://www.ti-films.com/ |
| Novamont | View profile | 501-1000 | Novara, Piemonte, Italy, Europe | https://www.novamont.com |
| Tipa | View profile | 11-50 | Hod Hasharon, HaMerkaz, Israel, Asia | https://tipa-corp.com |
| Futamura | View profile | 1001-5000 | Nagoya, Aichi, Japan, Asia | http://www.futamuragroup.com/en/ |
| Amcor PLC | View profile | 41000 | 83 Tower Road North, Warmley, Bristol, United Kingdom, BS30 8XP | https://www.amcor.com |
| Kuraray Co Ltd | View profile | 13161 | Ote Center Building,1-1-3, Otemachi, Chiyoda-ku, Tokyo, Japan, 100-8115 | http://www.kuraray.co.jp |
| Basf SE | View profile | 111855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | https://www.basf.com |
Global compostable multilayer 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 compostable multilayer films market will help companies and investors design strategic landscapes.
Pla (polylactic acid) was the largest segment with a revenue share of 47.88% in 2024. Horizon Databook has segmented the Global compostable multilayer films market based on pla (polylactic acid), pha (polyhydroxyalkanoates), starch-based films, cellulose-based films, other materials covering the revenue growth of each sub-segment from 2018 to 2030.
- Global Compostable Multilayer Films Material Type Outlook (Revenue, USD Million, 2018-2030)
- PLA (Polylactic Acid)
- PHA (Polyhydroxyalkanoates)
- Starch-based Films
- Cellulose-based Films
- Other Materials
- Global Compostable Multilayer Films Application Outlook (Revenue, USD Million, 2018-2030)
- Food Packaging
- Personal Care
- Pharmaceuticals
- Agriculture
- Other Applications
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Horizon Databook provides a detailed overview of global-level data and insights on the Global compostable multilayer films market , including forecasts for subscribers. This global databook contains high-level insights into Global compostable multilayer films market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Global compostable multilayer films market size, by regions, 2018-2030 (US$M)
Top 10 countries: Compostable multilayer films market size, 2024 (US$M)
Global compostable multilayer films market share, by material type, 2024 & 2030 (%, US$M)
Compostable multilayer films market: Opportunity assessment by country
Global compostable multilayer films market, by region, 2024 (US$M)
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