Biodegradable Plastic Bags and Sacks Market

Biodegradable plastic bags and sacks are created using materials that will allow the bags or sacks to completely decompose after a period of time. Most biodegradable plastic bags and sacks are said to decompose in three years, although many completely disintegrate in less time. The bags and sacks leave no discernible trace and are completely harmless to the environment. Biodegradable plastic bags and sacks require two key elements in order to decompose. The bags and sacks need to be exposed to oxygen and light. Therefore, biodegradable plastic bags and sacks do not start to decompose from the date of manufacture, only after they have been exposed to light and air.
Biodegradable Plastic Bags and Sacks Market aims to provide a comprehensive presentation of the global market for Biodegradable Plastic Bags and Sacks, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Biodegradable Plastic Bags and Sacks. Biodegradable Plastic Bags and Sacks Market contains market size and forecasts of Biodegradable Plastic Bags and Sacks in global, including the following market information:
Global Biodegradable Plastic Bags and Sacks Market Revenue, 2018-2023, 2024-2029, ($ millions)
Global Biodegradable Plastic Bags and Sacks Market Sales, 2018-2023, 2024-2029, (MT)
Global top five Biodegradable Plastic Bags and Sacks companies in 2022 (%)
The global Biodegradable Plastic Bags and Sacks market was valued at US$ 878.7 million in 2022 and is projected to reach US$ 1143 million by 2029, at a CAGR of 3.8% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
Global Biodegradable Plastic Bags and Sacks key players include BioBag, Novolex, EnviGreen, BASF, etc. Global top four manufacturers hold a share about 30%.
Europe is the largest market, with a share over 60%, followed by Asia-Pacific, and North America, both have a share about 35 percent.
In terms of product, Starch Blends is the largest segment, with a share over 40%. And in terms of application, the largest application is Convenient for Shopping, followed by Garbage Containing, Food Packaging and Industrial Packaging, etc.
We surveyed the Biodegradable Plastic Bags and Sacks 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 Biodegradable Plastic Bags and Sacks Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Biodegradable Plastic Bags and Sacks Market Segment Percentages, by Type, 2022 (%)
Polylactic acid (PLA)
Polyhydroxyalkanoate (PHA)
Starch Blends
Others
Global Biodegradable Plastic Bags and Sacks Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Biodegradable Plastic Bags and Sacks Market Segment Percentages, by Application, 2022 (%)
Food Packaging and Industrial Packaging
Convenient for Shopping
Garbage Containing
Others
Global Biodegradable Plastic Bags and Sacks Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (MT)
Global Biodegradable Plastic Bags and Sacks Market Segment Percentages, By Region and Country, 2022 (%)
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 Biodegradable Plastic Bags and Sacks revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Biodegradable Plastic Bags and Sacks revenues share in global market, 2022 (%)
Key companies Biodegradable Plastic Bags and Sacks sales in global market, 2018-2023 (Estimated), (MT)
Key companies Biodegradable Plastic Bags and Sacks sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
BioBag
Novolex
EnviGreen
BASF
Plastiroll
Sahachit
Xtex Polythene
RKW Group
Abbey Polythene
Sarah Bio Plast
Bulldog Bag
Symphony Polymers
Jiangsu Torise biomaterials
JUNER Plastic packaging
Outline of Major Chapters:
Chapter 1: Introduces the definition of Biodegradable Plastic Bags and Sacks, market overview.
Chapter 2: Global Biodegradable Plastic Bags and Sacks market size in revenue and volume.
Chapter 3: Detailed analysis of Biodegradable Plastic Bags and Sacks manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Biodegradable Plastic Bags and Sacks in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Biodegradable Plastic Bags and Sacks capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.