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Biodegradable Food Packaging Films Market Trends

  • Report ID: 2947
  • Published Date: Sep 24, 2024
  • Report Format: PDF, PPT

Biodegradable Food Packaging Films Market Trends

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

Base Year

2023

Forecast Year

2024-2036

Regional Scope
  • North America (U.S., and Canada)
  • Latin America (Mexico, Argentina, Rest of Latin America)
  • Asia-Pacific (Japan, China, India, Indonesia, Malaysia, Australia, Rest of Asia-Pacific)
  • Europe (U.K., Germany, France, Italy, Spain, Russia, NORDIC, Rest of Europe)
  • Middle East and Africa (Israel, GCC North Africa, South Africa, Rest of the Middle East and Africa)
 
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Author Credits:  Abhishek Anil


  • Report ID: 2947
  • Published Date: Sep 24, 2024
  • Report Format: PDF, PPT

Frequently Asked Questions (FAQ)

Rising concern in environment and food safety and increasing production capacities of bioplastics are the key factors driving the market growth.

The market is anticipated to attain a moderate CAGR over the forecast period, i.e., 2021-2029.

Performance issues and lack of awareness about the disadvantages of non-biodegradable food packaging in lower economic regions are estimated to hamper the market growth.

The market in the Asia Pacific region will provide ample growth opportunities owing to the increasing awareness about biodegradable food packaging.

The major players dominating the biodegradable food packaging films market are BASF SE, Clearwater Paper Corporation, Georgia-Pacific LLC, and Mondi Group among others.
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