Global Bioplastic Compostable Packaging Market to Reach US$ 16.0 billion by 2030

1. Market Research Report EXCLUSIVE EDITION Global Bioplastic Compostable Packaging Market Report Opportunities, and Forecast By 2030 Global Industry Analysis, Forecast and Trends, 2022-2030 © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

2. Global Bioplastic Compostable Packaging Market © 2020 Statsville Consulting Private Limited Market Statsville Group (MSG) A part of Statsville Consulting Private Limited American Office American Office – 800 Third Avenue Suite A #1519 New York, NY 10022 EMEA EMEA– 1165 Budapest 16 Diósy Lajos u. 24., Europe Asia Asia- -Pacific Office Pacific Office – F-178 Subhash Marg C Scheme, Ashok Nagar, Jaipur, Rajasthan, 302001 www.marketstatsville.com Disclaimer Disclaimer: : Any information and/or material provided by Statsville Consulting Private Limited, including any and all the analysis and/or research from Market Statsville Group (MSG), is offered to a selected group of customers in response to orders for such information, material, analysis, and/or research. As a customer of Statsville Consulting, you acknowledge that our information, material, and/or services are for your internal use only, and not for any external use and/or dissemination, or general publication, and/or disclosure to any third parties. Any and all the information and/or material provided by Statsville Consulting are based on primary interviews and/or secondary research, and are, therefore, subject to fluctuation and variance. Statsville Consulting takes no responsibility for any incorrect information and/or material supplied to us by sources we rely on, and no part of our analysis or research may be given, lent, resold, or disclosed to any third parties, including non-customers, without explicit or written permission from Statsville Consulting. Unauthorized reproduction and/or transmission of our information, material, analysis, and/or research in any form and by any means, including photocopying, mechanical/electronic recording,or otherwise, without the explicit and written permission of Statsville Consulting, is expressly and clearly prohibited. Any use of the information, material, analysis, and/or research provided by Statsville Consulting is at your sole risk; you acknowledge that the information, material, analysis, and/or research is provided “as is” and that Statsville Consulting provides no warranty of any kind, express or implied, with regard to the information, material, analysis, and/or research, including but not limited to, merchantability and fitness for any purpose and/or use. At the end, Statsville Consulting will be responsiblefor the final decision of any action. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

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5. Global Bioplastic Compostable Packaging Market 2022: Industry Size, Regions, Emerging Trends, Growth Insights, Opportunities, and Forecast By 2030 Bioplastic Compostable Packaging Market by Material, by Application, by End-Use (Food & Beverages, Cosmetics & Personal Care, Pharmaceuticals, Consumers Goods, Industrial Goods, Others), by Region – Global Share and Forecast to 2030 Description According to the Market Statsville Group (MSG), the global bioplastic compostable packaging market size is expected to grow from USD 3.2 billion in 2021 to USD 16.0 billion by 2030, at a CAGR of 19.5% from 2022 to 2030. Increasing consciousness among customers' regarding environmental concerns is leading to the high demand for products possessing low impact on the environment . Furthermore, an increasing number of prominent firms are shifting towards compostable plastics. Because of government laws, businesses seek new ways to lessen their environmental impact, including utilizing the sophisticated technical properties of bioplastics. These are some of the factors that are substantially impacting the bioplastics compostable packaging market. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807

6. Global Bioplastic Compostable Packaging Market Definition The huge consumption of conventional plastic in packaging has resulted in underlying issues such as climate change and future fossil resource scarcity, prompting a search for better plastic packaging alternatives. Bioplastics are an environmentally beneficial alternative to regular plastics. Almost every traditional plastic material and application now has a bioplastic counterpart. Request Sample Copy of this Report: https://www.marketstatsville.com/request- sample/global-bioplastic-compostable-packaging-market COVID-19 Impact on the Global Bioplastic Compostable Packaging Market Single-use packaging has witnessed exponential growth due to the growing need to keep food items from contamination during the COVID-19 outbreak. Plastic is essential in healthcare for keeping sterility in medical devices, such as syringes and insulin pens. However, the majority of these plastic packaging products are made from conventional fossil fuel feedstocks, contributing to the plastic waste issue. Bio-based plastics are a more environmentally friendly alternative to petroleum-based plastics. During the epidemic, consumers' preference for compostable and biodegradable packaging boosted the demand for bioplastics. © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 6

7. Scope of the Global Bioplastic Compostable Packaging Market The study categorizes the bioplastic compostable packaging market based on components and deployment at the regional and global levels. Direct Purchase Report: https://www.marketstatsville.com/buy-now/global-bioplastic-compostable-packaging- market?opt=2950 By Material (Sales, USD Billion, 2017-2030) •Bio PET •Bio PA •Bio PE •Bio-PP •Bio-PS •PLA •PHA •Starch Blends •Others By Application (Sales, USD Billion, 2017-2030) •Bottles •Cups •Trays •Clamshell •Films •Bags •Pouch & Sachet •Others © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 7

8. By End Use (Sales, USD Billion, 2017-2030) •Food & Beverages •Cosmetics & Personal Care •Pharmaceuticals •Consumers Goods •Industrial Goods •Others By Region Outlook (Sales, USD Billion, 2017-2030) •North America • US • Canada • Mexico •Europe • Germany • Italy • France • UK • Spain • Poland • Russia • The Netherlands • Norway • Czech Republic • Rest of Europe © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 8

9. •Asia Pacific • • • • • • • • • • •South America • Brazil • Argentina • Colombia • Rest of South America •The Middle East & Africa • Saudi Arabia • UAE • South Africa • Northern Africa • Rest of MEA China Japan India South Korea Indonesia Malaysia Thailand Singapore Australia & New Zealand Rest of Asia Pacific © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 9

10. Access full Report Description, TOC, Table of Figure, Chart, etc: https://www.marketstatsville.com/table-of-content/global-bioplastic-compostable- packaging-market Bio PET segment is projected to account for the largest market share, by material In 2021, the bio PET segment accounted for the largest market share in the global bioplastic compostable packaging market. Bio PET is a type of biodegradable plastic with mechanical and physical qualities that make it ideal for packaging. It disintegrates quickly, organically, and through industrial composting. Moreover, it is a robust and adaptable material used to make a wide range of items, including bottles and specialized food packaging. Asia Pacific accounts for the highest CAGR during the forecast period © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 10

11. Based on the regions, the global bioplastic compostable packaging market has been segmented across North America, Asia-Pacific, Europe, South America, and the Middle East & Africa. Among these regions, Asia Pacific is witnessing the highest market CAGR growth over the forecast period. The use of single-use plastic packaging is rapidly increasing in the emerging economies, such as China and India. The Indian Compostable Polymer Association was created in 2018 to promote a sustainable circular economy and advocate compostable bioplastics in India at a critical time for bioplastics growth. Moreover, the evolving automobile industry in India is supporting the demand for bioplastic bags, as it is utilized in industrial packaging of automobile parts, dust coverings, and commercial applications. Thus, rising consumer awareness of environmental issues and government-imposed restrictions on single-use plastic use will propel the Asia bioplastics for the packaging market. Request For Report Description: https://www.marketstatsville.com/global-bioplastic- compostable-packaging-market © Statsville Consulting Private Limited www.marketstatsville.com | sales@marketstatsville.com | +1 (646) 663-5829 | +91-702-496-8807 11

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