Press Release

Sep, 18 2023

Revolutionizing Packaging: The Rise of Biodegradable Paper and Plastic Solutions in Sustainability and Innovation

The biodegradable paper and plastic packaging market has experienced substantial growth owing to its eco-friendly features and versatile applications across industries like food and beverage, cosmetics, and pharmaceuticals. Its primary advantages lie in environmental sustainability, as these materials naturally decompose, reducing pollution and landfill waste. Additionally, biodegradable packaging lowers carbon emissions and energy usage during production, aligning with the growing consumer demand for sustainability. It extends product shelf life, complies with regulations, fosters innovation, and bolsters brand image while minimizing waste, harmonizing industry requirements with environmental responsibility.

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Data Bridge Market Research analyses that the Europe Biodegradable Paper and Plastic Packaging Market, which was USD 14,34,321 thousand in 2021, is expected to reach USD 2,615,751.33 thousand by 2029 and is expected to undergo a CAGR of 7.8% during the forecast period of 2022-2029. The promotion of a circular economy, where materials are reused, recycled, or biodegraded, is pushing the adoption of biodegradable packaging as part of a sustainable lifecycle approach.

Key Findings of the Study

Europe Biodegradable Paper and Plastic Packaging Market

Consumer education is expected to drive the market's growth rate

Awareness campaigns and educational initiatives play a crucial role in shaping consumer preferences and behavior. By disseminating information about the advantages of biodegradable packaging, such as reduced environmental impact and landfill waste, consumers are becoming more conscious of their choices. This heightened awareness prompts a growing demand for biodegradable packaging solutions as consumers actively seek products that align with their eco-conscious values, thus fostering sustainability in the packaging industry.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014-2019)

Quantitative Units

Revenue in USD Thousand, Volumes in Units, Pricing in USD

Segments Covered

Packaging Type (Plastic and Paper), Product (Bags, Baking Sheets, Paper Plates, Clamshell Sandwich Containers, Portion Cups, Trays, Cutlery, Bowls, Pouches and Sachets, Lidded, and Others), Usage (Single-Use, and Reusable), Distribution Channel (E-Commerce, Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, and Others), Application (Food Packaging, Beverage Packaging, Pharmaceuticals Packaging, Personal and Home Care Packaging, Electronic Appliance Packaging, and Others), Packaging Layer (Primary Packaging, Secondary Packaging, and Tertiary Packaging), End-User (Restaurants, Hotels, Tea and Coffee Shops, Sweets and Snacks Stores, Cafeteria, and Others)

Countries Covered

Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe

Market Players Covered

Murfit Kappa (Ireland), DS Smith (U.K.), Tetra Pak (Switzerland), Mondi (Austria), International Paper (U.S.), VPK Group (Belgium), Sonoco Products Company (U.S.), STOROPACK HANS REICHENECKER GMBH (Germany), WestRock Company (U.S.), Stora Enso (Finland), Eurocell srl (Italy), Novamont S.p.A. (Italy), OSQ (U.K.), BIO-LUTIONS International AG (Germany), TIPA LTD (Israel), Robert Cullen Ltd. (Ireland), BioApply (Finland), CPS Paper Products (Canada),The Biodegradable Bag Company Ltd. (U.K.),Hosgör Plastik (Turkey)

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Segment Analysis:

The Europe biodegradable paper and plastic packaging market is segmented based on packaging type, product, usage, distribution channel, application, packaging layer, and end-user.

  • On the basis of packaging type, the Europe biodegradable paper and plastic packaging market is segmented into paper and plastics. In 2022, the paper segment is expected to dominate the Europe biodegradable paper and plastic packaging market due to the his prominence is attributed to the paper manufacturing process's efficiency, which demands fewer skilled laborers and benefits from readily available resources and raw materials

In 2022, the paper segment of packaging type is expected to dominate Europe biodegradable paper and plastic packaging market

In 2022, the European biodegradable paper and plastic packaging market is projected to be led by the paper sector. This is driven by the paper production's efficiency, which necessitates fewer skilled workers and benefits from readily accessible resources, boosting its demand in the market.

  • On the basis of product, the Europe biodegradable paper and plastic packaging market is segmented into straws, bags, baking sheets, paper plates, clamshell sandwich containers, portion cups, trays, cutlery, bowls, pouches and sachets, lidded, and others. In 2022, the bags segment is poised to take the lead in the European biodegradable paper and plastic packaging market. This dominance stems from the segment's durability and versatility, making it highly sought after for various purposes and driving increased demand.

In 2022, the bags segment of product is expected to dominate Europe biodegradable paper and plastic packaging market

In 2022, the European biodegradable paper and plastic packaging market is anticipated to be led by the bags segment. This dominance is attributed to the segment's durability and versatility, making it a sought-after choice for various purposes and driving heightened demand in the market.

  • On the basis of usage, the Europe biodegradable paper and plastic packaging market is segmented into single-use and reusable. In 2022, the European biodegradable paper and plastic packaging market is set to be led by the reusable segment. This prominence arises from its ability to curtail resource depletion and littering, significantly boosting demand during the projected period.
  • On the basis of distribution channel, the Europe biodegradable paper and plastic packaging market is segmented into e-commerce, supermarkets/hypermarkets, convenience stores, specialty stores, and others. In 2022, the European biodegradable paper and plastic packaging market is poised to be primarily driven by the supermarkets/hypermarkets segment. This dominance is due to the customer's ability to freely choose from a wide range of options, significantly increasing demand in the foreseeable future.
  • On the basis of application, the Europe biodegradable paper and plastic packaging market is segmented into food packaging, beverage packaging, pharmaceuticals packaging, personal and home care packaging, electronic appliance packaging, and others.  In 2022, the Europe biodegradable paper and plastic packaging market is projected to be led by the food packaging segment. This prominence is attributed to its role in enhancing food safety and reducing vulnerability to contamination, thereby driving increased demand.
  • On the basis of packaging layer, the Europe biodegradable paper and plastic packaging market is segmented into primary packaging, secondary packaging, and tertiary packaging. In 2022, the Europe biodegradable paper and plastic packaging market is set to be primarily driven by the primary packaging segment. This dominance is due to its cost-effectiveness and suitability for end-users who require printed product information, leading to a substantial increase in demand throughout the forecast period.
  • On the basis of end-user, the Europe biodegradable paper and plastic packaging market is segmented into restaurants, hotels, tea and coffee shops, sweets and snacks stores, cafeteria, and others. In 2022, the Europe biodegradable paper and plastic packaging market is anticipated to be primarily influenced by the restaurants segment. This dominance stems from its role in introducing diners to diverse culinary cultures through both food and its associated packaging, resulting in heightened demand throughout the forecast period.

Major Players

Data Bridge Market Research recognizes the following companies as the major Europe biodegradable paper and plastic packaging market players in Europe biodegradable paper and plastic packaging market are Murfit Kappa (Ireland), DS Smith (U.K.), Tetra Pak (Switzerland), Mondi (Austria), International Paper (U.S.), VPK Group (Belgium), Sonoco Products Company (U.S.), STOROPACK HANS REICHENECKER GMBH (Germany), WestRock Company (U.S.).

Europe Biodegradable Paper and Plastic Packaging Market

Market Developments

  • In October 2021, VPK Group transformed its DA Alizay industrial site in the Normandy region into a center dedicated to sustainable development within the circular economy. VPK Group has also revealed its plans to collaborate with Valmet Oyj for the reconstruction of the paper machine at this site. This initiative underscores VPK Group's commitment to advancing environmentally responsible practices and circular economy principles at its Alizay facility.
  •  In November 2021, Mondi allocated a €20 million investment to enhance the sustainability of its pulp production operations at the Frantschach mill in Austria. This infusion of funds is aimed at upgrading the plant's equipment to achieve higher levels of efficiency and sustainability in Mondi's pulp production processes. The improvements not only reflect the company's commitment to environmental responsibility but are also expected to attract and expand its customer base.

Regional Analysis

Geographically, the countries covered in the major Europe biodegradable paper and plastic packaging market report are Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe

As per Data Bridge Market Research analysis:

Germany dominates Europe biodegradable paper and plastic packaging market during the forecast period 2022 - 2029

Germany dominates the European biodegradable paper and plastic packaging market, primarily because of the growing demand for materials that contribute to a reduced carbon footprint. As sustainability becomes a paramount concern, German industries and consumers alike prioritize eco-friendly packaging solutions. This trend highlights the nation's commitment to environmental responsibility, aligning with broader global efforts to mitigate the environmental impact of packaging materials and promote greener alternatives.

France is expected to Europe biodegradable paper and plastic packaging market during the forecast period 2022 - 2029

France is poised to lead the European biodegradable paper and plastic packaging market, driven by a surge in consumer awareness regarding eco-friendly packaging solutions. This heightened consciousness is spurring demand across various sectors, reflecting the country's commitment to sustainability. As eco-friendly packaging becomes a priority, France's proactive approach aligns with global initiatives to reduce environmental impact and promote biodegradable alternatives, making it a dominant player in this evolving market.

For more detailed information about the Europe biodegradable paper and plastic packaging market report, click here – https://www.databridgemarketresearch.com/reports/europe-biodegradable-paper-plastic-packaging-market


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