Compostable Flexible Packaging Market Size and Industry Analysis
The global compostable flexible packaging market size is predicted to climb from USD 1.2 billion in 2022 to attain a calculated USD 2.11 billion by 2032, growing at a 5.9% CAGR between 2023 and 2032.
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Report Highlights: Important Revelations
- Global compostable flexible packaging sector is poised for growth, starting at a value of USD 1.2 billion in 2022.
- The market is expected to surge, reaching an estimated value of USD 2.11 billion by 2032.
- This expansion is registered at a consistent CAGR of 5.9% over the period from 2023 to 2032.
- North America’s pioneering initiatives in compostable flexible packaging.
- Europe’s dedication to a circular economy via compostable flexible packaging.
- Bioplastics transforming the terrain of compostable flexible packaging.
- Exploring the expanding influence of compostable flexible packaging in food and beverage.
- Business-to-business dynamics in compostable flexible packaging and reusable systems.
Compostable flexible packaging is generated from various recycled and plant-based components, such as wood pulp and potato starch, making it an environmentally beneficial choice. Unlike some non-compostable rivals, natural components in compostable flexible packaging do not emit harmful pollutants when disposed of, helping to create healthier soil. An evolution in compostable flexible packaging has led to bioplastic, a plant-based alternative with qualities similar to less sustainable equivalents. Bioplastic, suitable for applications such as smoothie cups and fruit juices, is economically compostable because it is made from renewable sources and is also recyclable and reusable. It is well known that flexible packaging has reductions in each of these areas.
Compostable Flexible Packaging Market TOC | Table of Content
Introduction
- Research Objective
- Scope of the Study
- Definition and Taxonomy
Research Methodology
- Research Approach
- Data Sources
- Assumptions
Executive Summary
- Synopsis
- Analyst Recommendations
Market Overview
- Market Dynamics
- Market Drivers
- Market Restraints
- Market Opportunities
- Value chain analysis
- Raw Material Sourcing
- Manufacturing Process
- Logistics & Transportation
- Buyer Preferences
- Trends
- Market Trends
- Technological Trends
- Porter’s Five Forces Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitute
- Threat of New Entrants
- Degree of Competition
- PESTLE Analysis for 5 Leading Countries
- Regulatory Framework for Leading Countries/Regions
- Supply Demand Analysis
- Production & Consumption Statistics
- Export Import Statistics
- Price Trend Analysis
Global Compostable Flexible Packaging Market Assessment
- Overview
- Global Compostable Flexible Packaging Market Size Value (US$) and Volume (Billion Tons), By Material Type (2021 – 2033)
- Bioplastic
- PHA
- PBAT
- Global Compostable Flexible Packaging Market Size Value (US$) and Volume (Billion Tons), By End Use Type (2021 – 2033)
- Food & Beverage
- Pharmaceutical
- Industrial
- By distribution
- B2B
- Supermarkets/Hypermarkets
- E-commerce
- Others
- Global Compostable Flexible Packaging Market Size Value (US$) and Volume (Billion Tons), By Region Type (2021 – 2033)
- North America
- Europe
- Asia Pacific
- LAMEA
North America Compostable Flexible Packaging Market Assessment
- Overview
- North America Compostable Flexible Packaging Market Size Value (US$) and Volume (Billion Tons), By Material Type (2021 – 2033)
- Bioplastic
- PHA
- PBAT
- North America Compostable Flexible Packaging Market Size Value (US$) and Volume (Billion Tons), By End Use Type (2021 – 2033)
- Food & Beverage
- Pharmaceutical
- Industrial
- By distribution
- B2B
- Supermarkets/Hypermarkets
- E-commerce
- Others
Europe Compostable Flexible Packaging Market Assessment
- Overview
- Europe Compostable Flexible Packaging Market Size Value (US$) and Volume (Billion Tons), By Material Type (2021 – 2033)
- Bioplastic
- PHA
- PBAT
- Europe Compostable Flexible Packaging Market Size Value (US$) and Volume (Billion Tons), By End Use Type (2021 – 2033)
- Food & Beverage
- Pharmaceutical
- Industrial
- By distribution
- B2B
- Supermarkets/Hypermarkets
- E-commerce
- Others
Asia Pacific Compostable Flexible Packaging Market Assessment
- Overview
- Asia Pacific Compostable Flexible Packaging Market Size Value (US$) and Volume (Billion Tons), By Material Type (2021 – 2033)
- Bioplastic
- PHA
- PBAT
- Asia Pacific Compostable Flexible Packaging Market Size Value (US$) and Volume (Billion Tons), By End Use Type (2021 – 2033)
- Food & Beverage
- Pharmaceutical
- Industrial
- By distribution
- B2B
- Supermarkets/Hypermarkets
- E-commerce
- Others
LAMEA Compostable Flexible Packaging Market Assessment
- Overview
- LAMEA Compostable Flexible Packaging Market Size Value (US$) and Volume (Billion Tons), By Material Type (2021 – 2033)
- Bioplastic
- PHA
- PBAT
- LAMEA Compostable Flexible Packaging Market Size Value (US$) and Volume (Billion Tons), By End Use Type (2021 – 2033)
- Food & Beverage
- Pharmaceutical
- Industrial
- By distribution
- B2B
- Supermarkets/Hypermarkets
- E-commerce
- Others
Company Profile
- TIPA Ltd (Israel)
- Company Overview
- Geographic Footprints
- Financial Performance
- Product Portfolio
- SWOT Analysis
- R&D Efforts
- Recent Developments & Strategic Collaborations
- Product Launch/M&A/Technical Collaboration
- SmartSolve Industries (US)
- Özsoy Plastik (Turkey)
- Ultra-Green Sustainable Packaging (US)
- Hosgör Plastik (Turkey)
- Eurocell S.r.l (UK)
- Tetra Pak International SA (Switzerland)
- Kruger Inc. (Canada)
- Amcor PLC (Switzerland)
- Mondi (UK)
- International Paper Company (US)
- Smurfit Kappa (US)
- DS Smith (UK)
- Klabin SA (Brazil)
- Rengo Co. Ltd (Japan)
- WestRock Company (US)
- Stora Enso (Sweden)
- Bemis Manufacturing Company (US)
- Rocktenn (US)
- BASF SE (Germany)
- Clearwater Paper Corporation (US)
Conclusion & Recommendations
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