Biodegradable Food Packaging Films Sector: Growth Drivers and Challenges
Growth Drivers
- Rising concern in environment and food safety
- Development of biodegradable food packaging material
Challenges
- Lack of Awareness about disadvantages of non-biodegradable food packaging in lower economic regions
Biodegradable Food Packaging Films Market: Key Insights
Browse key industry insights with market data tables & charts from the report:
Frequently Asked Questions (FAQ)
Biodegradable Food Packaging Films Market size is projected to grow at substantial growth rate during the forecast period i.e., between 2025-2037.
Rising concern in environment and food safety and increasing production capacities of bioplastics will drive the market growth.
Asia Pacific industry is likely to dominate majority revenue share by 2037, owing to increasing growth of food and beverage packaging industries, along with increasing demand for dairy products in the region.
The major players in the market are BASF SE, Clearwater Paper Corporation, Georgia-Pacific LLC, and Mondi Group, among others.
