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Biodegradable Plastic Bags and Sacks Market Growth 2019-2024

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akshay dalvi
Biodegradable Plastic Bags and Sacks Market Growth 2019-2024

Biodegradable plastic bags and sacks are created using materials that will allow the bags or sacks to completely decompose after a period of time. Most biodegradable plastic bags and sacks are said to decompose in three years, although many completely disintegrate in less time. The bags and sacks leave no discernible trace and are completely harmless to the environment. Biodegradable plastic bags and sacks require two key elements in order to decompose. The bags and sacks need to be exposed to oxygen and light. Therefore, biodegradable plastic bags and sacks do not start to decompose from the date of manufacture, only after they have been exposed to light and air.

In consumption market, North America and Europe are the mainly consumption regions due to the bigger demand of downstream applications. In 2017, these two regions occupied 82.48% of the global consumption volume in total.

Biodegradable plastic bags and sacks has three types, which include polylactic acid (PLA), polyhydroxyalkanoate (PHA) and starch blends, etc. And each type has different applications relatively with different properties. With biodegradable effect of biodegradable plastic bags and sacks, the downstream application industries will need more biodegradable plastic bags and sacks products. So, biodegradable plastic bags and sacks has a huge market potential in the future.

 

 

 

According to this study, over the next five years the Biodegradable Plastic Bags and Sacks market will register a 2.8% CAGR in terms of revenue, the global market size will reach US$ 920 million by 2024, from US$ 800 million in 2019. In particular, this report presents the global market share (sales and revenue) of key companies in Biodegradable Plastic Bags and Sacks business, shared in Chapter 3.

 

This report presents a comprehensive overview, market shares, and growth opportunities of Biodegradable Plastic Bags and Sacks market by product type, application, key manufacturers and key regions and countries.

 

This study considers the Biodegradable Plastic Bags and Sacks value and volume generated from the sales of the following segments:

 

Segmentation by product type: breakdown data from 2014 to 2019, in Section 2.3; and forecast to 2024 in section 11.7.

 

  • Polylactic acid (PLA)
  • Polyhydroxyalkanoate (PHA)
  • Starch Blends
  • Others

 

Segmentation by application: breakdown data from 2014 to 2019, in Section 2.4; and forecast to 2024 in section 11.8.

 

  • Food Packaging & Industrial Packaging
  • Convenient for Shopping
  • Garbage Containing
  • Others

 

This report also splits the market by region: Breakdown data in Chapter 4, 5, 6, 7 and 8.

 

  • Americas
  • United States
  • Canada
  • Mexico
  • Brazil
  • APAC
  • China
  • Japan
  • Korea
  • Southeast Asia
  • India
  • Australia
  • Europe
  • Germany
  • France
  • UK
  • Italy
  • Russia
  • Spain
  • Middle East & Africa
  • Egypt
  • South Africa
  • Israel
  • Turkey
  • GCC Countries

 

The report also presents the market competition landscape and a corresponding detailed analysis of the major vendor/manufacturers in the market. The key manufacturers covered in this report: Breakdown data in in Chapter 3.

 

  • BioBag
  • Novolex
  • EnviGreen
  • BASF
  • Plastiroll
  • Sahachit
  • Xtex Polythene
  • RKW Group
  • Abbey Polythene
  • Sarah Bio Plast
  • Bulldog Bag
  • Symphony Polymers
  • Jiangsu Torise biomaterials
  • JUNER Plastic packaging

 

In addition, this report discusses the key drivers influencing market growth, opportunities, the challenges and the risks faced by key manufacturers and the market as a whole. It also analyzes key emerging trends and their impact on present and future development.

 

Research objectives

 


Table of content


2019-2024 Global Biodegradable Plastic Bags and Sacks Consumption Market Report

1 Scope of the Report
1.1 Market Introduction
1.2 Research Objectives
1.3 Years Considered
1.4 Market Research Methodology
1.5 Economic Indicators
1.6 Currency Considered

2 Executive Summary
2.1 World Market Overview
2.1.1 Global Biodegradable Plastic Bags and Sacks Consumption 2014-2024
2.1.2 Biodegradable Plastic Bags and Sacks Consumption CAGR by Region
2.2 Biodegradable Plastic Bags and Sacks Segment by Type
2.2.1 Polylactic acid (PLA)
2.2.2 Polyhydroxyalkanoate (PHA)
2.2.3 Starch Blends
2.2.4 Others
2.3 Biodegradable Plastic Bags and Sacks Consumption by Type
2.3.1 Global Biodegradable Plastic Bags and Sacks Consumption Market Share by Type (2014-2019)
2.3.2 Global Biodegradable Plastic Bags and Sacks Revenue and Market Share by Type (2014-2019)
2.3.3 Global Biodegradable Plastic Bags and Sacks Sale Price by Type (2014-2019)
2.4 Biodegradable Plastic Bags and Sacks Segment by Application
2.4.1 Food Packaging & Industrial Packaging
2.4.2 Convenient for Shopping
2.4.3 Garbage Containing
2.4.4 Others
2.5 Biodegradable Plastic Bags and Sacks Consumption by Application
2.5.1 Global Biodegradable Plastic Bags and Sacks Consumption Market Share by Application (2014-2019)
2.5.2 Global Bi

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