Biodegradable Plastic Bags And Sacks Market Size, Share, Trends, Growth 2030

Biodegradable Plastic Bags And Sacks Market

Biodegradable Plastic Bags And Sacks Market By Product Type [Lay Flat Bags, Rubble Sacks, Gusseted Bags, Woven Sacks, Trash Bags, T-Shirt Bags, And Others], By Material Type [Polyhydroxyalkanoates (PHAs), Polylactic Acids (PLAs), Starch Blends, And Others], By End User [Industrial, Institutional, And Retail & Consumer Users], And By Region - Global And Regional Industry Overview, Market Intelligence, Comprehensive Analysis, Historical Data, And Forecasts 2023 – 2030-

Category: Consumer Goods Report Format : PDF Report Code: ZMR-3148 Status : Upcoming
Market Size in 2022 Market Forecast in 2030 CAGR (in %) Base Year
USD 2408.97 Million USD 3542.19 Million 4.94% 2022

 

Biodegradable Plastic Bags And Sacks Market

Description

The global biodegradable plastic bags and sacks market size was worth around USD 2408.97 Million in 2022 and is predicted to grow to around USD 3542.19 Million by 2030 with a compound annual growth rate (CAGR) of roughly 4.94% between 2023 and 2030.

Global Biodegradable Plastic Bags And Sacks Market SizeRequest Free Sample

The report analyzes the global roofing underlayment market drivers, restraints/challenges, and the effect they have on the demands during the projection period. In addition, the report explores emerging opportunities in the biodegradable plastic bags and sacks industry.

Global Biodegradable Plastic Bags And Sacks Market: Overview

The extensive adaptability for the utilization of plastics in sacks & bags and their insufficient disposal is likely to add to the immensely increasing pollution setback of conventional, plastics based on petroleum. Made from a range of all-natural plant products such as polyhydroxyalkanoates (PHAs), polylactic acids (PLAs), and corn, biodegradable sacks, and bags also contain additives to assist degradation and therefore pose a lesser impact on the ecosystem in general as well as aquatic life in particular. These biodegradable bags are being liked over traditional plastic products, especially for the fast-moving consumer goods and food packaging.

Biodegradable Plastic Bags And Sacks MarketRequest Free Sample

Global Biodegradable Plastic Bags And Sacks Market: Growth Factors

A substantial issue of the non-recyclable waste majorly caused owing to the disposal of traditional plastics across the world has resulted into harmful effect in the atmosphere. This has considerably helped in fuelling the demand and expansion for the global biodegradable plastics bags & sacks market. The breakdown of the biodegradable plastics is likely to be feasible with only the natural methods such as with the help of microorganisms and composting. This is expected to be one of the most remarkable factors of biodegradable plastic bags & sacks and is, therefore, a significant aspect to propel the market growth.

Biodegradable Plastic Bags And Sacks Market: Report Scope

Report Attributes Report Details
Report Name Biodegradable Plastic Bags And Sacks Market Research Report
Market Size in 2022 USD 2408.97 Million
Market Forecast in 2030 USD 3542.19 Million
Growth Rate CAGR of 4.94%
Number of Pages 220
Key Companies Covered Xtex Polythene Ltd., Wells Plastics Ltd., Shabra Group, Ampac Holdings LLC, International Plastics Inc., Abbey Polyethene, Bulldog Bag Ltd., Sarah Bio Plast, Sahachit Watana Plastic Industry Co., Ltd., EXTRAPACK Ltd., Symphony Polymers Pvt. Ltd., JUNER Plastic Packaging Co., and Dagoplast AS
Segments Covered By Product Type, By Material Type, By End User, and By Region
Regions Covered North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA)
Base Year 2022
Historical Year 2017 to 2021
Forecast Year 2023 - 2030
Customization Scope Avail customized purchase options to meet your exact research needs. Request For Customization

Global Biodegradable Plastic Bags And Sacks Market: Segmentation

The global biodegradable plastic bags and sacks are classified in terms of product type, material type, end user, and geography.

In terms of material type, the global biodegradable plastic bags and sacks market are fragmented into polyhydroxyalkanoates (PHAs), polylactic acids (PLAs), starch blends, and others. Out of these, the PLA division is likely to dominate and is projected to maintain its lead position in the coming years.

In terms of product type, the global biodegradable plastic bags and sacks market are divided into lay flat bags, rubble sacks, gusseted bags, woven sacks, trash bags, t-shirt bags, and others.

In terms of the end user, the global biodegradable plastic bags and sacks market is categorized into industrial, institutional, and retail & consumer users.

Global Biodegradable Plastic Bags And Sacks Market: Competitive Players

Some of the most important market players in the global biodegradable plastic bags and sacks market are Xtex Polythene Ltd., Wells Plastics Ltd., Shabra Group, Ampac Holdings LLC, International Plastics Inc., Abbey Polyethene, Bulldog Bag Ltd., Sarah Bio Plast, Sahachit Watana Plastic Industry Co., Ltd., EXTRAPACK Ltd., Symphony Polymers Pvt. Ltd., JUNER Plastic Packaging Co., and Dagoplast AS, among others.

Global Biodegradable Plastic Bags And Sacks Market: Regional Analysis

Europe is likely to lead and dominate the global biodegradable plastic bags and sacks market and is expected to retain its position in the coming future as well. The eminence of this geographical market is accredited to the extensive requirement and demand for recyclable and eco-friendly plastic packaging for several industrial applications. Furthermore, the increasing knowledge of the pollution issue related to the usage of bags made from conventional plastics is likely to be the striking aspect which is propelling the development of the regional market.

Global Biodegradable Plastic Bags And Sacks Market SizeRequest Free Sample

The global market in Europe is also projected to grow at a significant growth rate in the future. The demand and popularity for oxy-degradable and photodegradable plastics in numerous developed regions is also likely to bolster the uptake.

Biodegradable Plastic Bags And Sacks Market: Competitive Analysis

The global biodegradable plastic bags and sacks market is led by players like:

  • Xtex Polythene Ltd
  • Wells Plastics Ltd
  • Shabra Group
  • Ampac Holdings LLC
  • International Plastics Inc
  • Abbey Polyethene
  • Bulldog Bag Ltd
  • Sarah Bio Plast 
  • Sahachit Watana Plastic Industry Co Ltd
  • EXTRAPACK Ltd., 
  • Symphony Polymers Pvt Ltd
  • JUNER Plastic Packaging Co
  • Dagoplast AS

The global biodegradable plastic bags and sacks market is segmented as follows:

By Product Type

  • Lay Flat Bags
  • Rubble Sacks
  • Gusseted Bags
  • Woven Sacks
  • Trash Bags
  • T-Shirt Bags
  • Others

By Material Type

  • Polyhydroxyalkanoates (PHAs)
  • Polylactic acids (PLAs)
  • Starch blends
  • Others

By End User

  • Industrial
  • Institutional
  • Retail & Consumer Users

Global Biodegradable Plastic Bags And Sacks Market: Regional Segment Analysis

  • North America
    • The U.S.
  • Europe
    • The UK
    • France
    • Germany
  • The Asia Pacific
    • China
    • Japan
    • India
  • Latin America
    • Brazil
  • The Middle East and Africa

What Reports Provides

  • Full in-depth analysis of the parent market
  • Important changes in market dynamics
  • Segmentation details of the market
  • Former, on-going, and projected market analysis in terms of volume and value
  • Assessment of niche industry developments
  • Market share analysis
  • Key strategies of major players
  • Emerging segments and regional markets
  • Testimonials to companies in order to fortify their foothold in the market.

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FrequentlyAsked Questions

The extensive adaptability for the utilization of plastics in sacks & bags and their insufficient disposal is likely to add to the immensely increasing pollution setback of conventional, plastics based on petroleum.

A substantial issue of the non-recyclable waste majorly caused owing to the disposal of traditional plastics across the world has resulted into harmful effect in the atmosphere. This has considerably helped in fuelling the demand and expansion for the global biodegradable plastics bags & sacks market.

global biodegradable plastic bags and sacks market size was worth around USD 2408.97 Million in 2022 and is predicted to grow to around USD 3542.19 Million by 2030.

The CAGR value of biodegradable plastic bags and sack market is expected to be around 4.94% during 2023-2030.

Europe is likely to lead and dominate the global biodegradable plastic bags and sacks market and is expected to retain its position in the coming future as well. The eminence of this geographical market is accredited to the extensive requirement and demand for recyclable and eco-friendly plastic packaging for several industrial applications.

Some of the most important market players in the global biodegradable plastic bags and sacks market are Xtex Polythene Ltd., Wells Plastics Ltd., Shabra Group, Ampac Holdings LLC, International Plastics Inc., Abbey Polyethene, Bulldog Bag Ltd., Sarah Bio Plast, Sahachit Watana Plastic Industry Co., Ltd., EXTRAPACK Ltd., Symphony Polymers Pvt. Ltd., JUNER Plastic Packaging Co., and Dagoplast AS, among others.

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