- The market for biodegradable and compostable packaging is forecast to grow at 8.8% CAGR to reach 11.7 million tonnes in 2029.
- China is the largest consumer of biodegradable and compostable packaging in 2023, with a consumption share of 30%.
Definition
In this report, biodegradable means polymers that can be broken down into carbon dioxide, water, and biomass by the natural action of microorganisms to significantly biodegrade within six months, a much shorter time period than the decades or centuries it takes conventional polymers to biodegrade.
For this report, compostable denotes a material that is able to be broken down into carbon dioxide, water, and biomass within a specific timeframe under specific conditions.
Key Questions
- Is there a viable future for biodegradable and compostable packaging that can match materials based on fossil fuels?
- How are technical developments driving the market?
- How will biodegradable and compostable packaging compete with ‘traditional’ materials when it comes to performance properties?
- What does the end-of-life process look like for biodegradable and compostable packaging?
- Packaging raw material suppliers
- Packaging converters and manufacturers
- Retailers and brand owners
David Platt has a broad range of experience in the plastics and packaging industry. He has authored over 50 market reports for Smithers on subjects including global packaging, rigid plastic packaging, PET packaging, flexible packaging, bioplastics, specialty plastics, high-performance packaging films, pouches, and caps & closures. He has participated in consultancy projects and has authored two books for Smithers.
Name The Future of Biodegradable and Compostable Packaging to 2029
Date 30/09/2024
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