Bio-Cans Market

Currently, aluminium is majorly used in the production of cans. Aluminium as a metal can be infinitely recycled and hence does not possess any threat but the portion of aluminium that ends up in the waste field or rivers can take up to 500 years to decompose. Biodegradable cans are a sustainable way of dealing with the waste problem as they have the capacity to decompose in a short period. Bio cans like other biodegradable products can be made from the process of extraction of sugar from the plants also known as bioplastics or from paper.

The bio cans market is still evolving and there are a lot of research projects going on in this sector as with the increase in the per capita income of the consumers globally and general awareness on the topic of waste management they are looking for the product packed in sustainable and degradable material. In the attempt to reduce their carbon footprint many conglomerates are continuously taking steps towards maximizing the use of biodegradable materials in their operations.
Bio-Cans Market contains market size and forecasts of Bio-Cans in global, including the following market information:
Global Bio-Cans Market Revenue, 2017-2022, 2023-2028, ($ millions)
Global Bio-Cans Market Sales, 2017-2022, 2023-2028, (K Units)
Global top five Bio-Cans companies in 2021 (%)
The global Bio-Cans market was valued at million in 2021 and is projected to reach US$ million by 2028, at a CAGR of % during the forecast period.
The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.
Single-Use Packaging Segment to Reach $ Million by 2028, with a % CAGR in next six years.
The global key manufacturers of Bio-Cans include Smurfit Kappa Group plc, Mondi plc, WestRock Company, NatureWorks LLC, Tianan Biologic Materials Co. Ltd, Amcor plc, Total Corbion PLA, Clearwater Paper Corporation and Novamont S.p.A., etc. In 2021, the global top five players have a share approximately % in terms of revenue.
We surveyed the Bio-Cans manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Bio-Cans Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Bio-Cans Market Segment Percentages, by Type, 2021 (%)
Single-Use Packaging
Reusable Packaging
Global Bio-Cans Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Bio-Cans Market Segment Percentages, by Application, 2021 (%)
Beverage
Processed Food
Homecare and Personal Care
Global Bio-Cans Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K Units)
Global Bio-Cans Market Segment Percentages, By Region and Country, 2021 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Bio-Cans revenues in global market, 2017-2022 (Estimated), ($ millions)
Key companies Bio-Cans revenues share in global market, 2021 (%)
Key companies Bio-Cans sales in global market, 2017-2022 (Estimated), (K Units)
Key companies Bio-Cans sales share in global market, 2021 (%)
Further, the report presents profiles of competitors in the market, key players include:
Smurfit Kappa Group plc
Mondi plc
WestRock Company
NatureWorks LLC
Tianan Biologic Materials Co. Ltd
Amcor plc
Total Corbion PLA
Clearwater Paper Corporation
Novamont S.p.A.
Arkema S.A.
Matrica S.p.A.
Kruger Inc.