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Europe Compostable Packaging Market – Industry Trends and Forecast to 2030

  • Materials & Packaging
  • Upcoming Report
  • Jan 2023
  • Europe
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60
  • Materials & Packaging
  • Upcoming Report
  • Jan 2023
  • Europe
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Europe Compostable Packaging Market, By Product (Bags, Trays, Cups, Plates, Films, Lids, Straws, Cutlery, Bowls, Clamshells, Pouches and Sachets, Others), Material (Plastic, Paper and Paperboard, Others), Packaging Layer (Primary Packaging, Secondary Packaging, Tertiary Packaging), Distribution Channel (B2B, Supermarkets/Hypermarkets, Departmental Stores, Convenience Stores, Specialty Stores, E-commerce, Others), End-User (Food and Beverages, Medical, Automotive, Electrical and  Electronics, Agriculture, Textile Goods, Personal and Home Care, Chemical, Others) – Industry Trends and Forecast to 2030.

Europe Compostable Packaging Market

Europe Compostable Packaging Market Analysis and Size

According to a research paper published by the American Journal of Nano Research and Applications in 2020, starch from roots and tubers such as potatoes, sweet potatoes, cassava, taro, and yams can be used to make compostable packaging film. Compostable packaging materials are simple to dispose and safe for the environment. Compostable packaging is composed of plant-based and recyclable materials. Therefore, increasing demand for responsible and sustainable packaging solutions from the various industry is anticipated to enhance the growth of the global compostable packaging market

Data Bridge Market Research analyses that the compostable packaging market is expected to reach USD 64,884.76 billion by 2030, which is USD 17,145.23 billion in 2022, registering a CAGR of 18.10% during the forecast period of 2023 to 2030. In addition to the insights on msarket 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.     

Europe Compostable Packaging Market Scope and Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015 - 2020)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Product (Bags, Trays, Cups, Plates, Films, Lids, Straws, Cutlery, Bowls, Clamshells, Pouches and Sachets, Others), Material (Plastic, Paper and Paperboard, Others), Packaging Layer (Primary Packaging, Secondary Packaging, Tertiary Packaging), Distribution Channel (B2B, Supermarkets/Hypermarkets, Departmental Stores, Convenience Stores, Specialty Stores, E-commerce, Others), End-User (Food and Beverages, Medical, Automotive, Electrical and  Electronics, Agriculture, Textile Goods, Personal and Home Care, Chemical, Others)

Countries Covered

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

Market Players Covered

TIPA LTD (Israel), Riverside Paper Co. Inc. (U.S.), SmartSolve Industries (U.S.), Özsoy Plastik (Turkey), Ultra Green Sustainable Packaging (U.S.), Hoşgör Plastik (Turkey), Eurocell S.r.l (U.K.), Tetra Pak International SA (Switzerland), (U.S.), Kruger Inc. (Canada), Amcor PLC (Switzerland), Mondi (U.K.), International Paper Company (U.S.), Smurfit Kappa (U.S.), DS Smith (U.K.), Klabin SA (Brazil), Rengo Co. Ltd (Japan), WestRock Company (U.S.), Stora Enso (Sweden), Bemis manufacturing company (U.S.), Rocktenn (U.S.), BASF SE (Germany), Clearwater Paper Corporation (U.S.)

Market Opportunities

  • Increasing  implementation of legal framework for plastics use
  • Rising awareness regarding eco-friendly packaging

Market Definition

Products that may biodegrade and dissolve into natural elements in a composting setting, such as biomass, water, and carbon dioxide, without leaving any toxic materials in the soil are considered as a compostable. Blends of PBS, PBAT, PHA, PLA, and starch are present in the compostable plastic packaging material. These biodegradable materials closely resemble the beneficial characteristics of conventional plastic, such as shelf stability, barrier properties, durability and other, with the exception that they are completely compostable. When compostable material has fully decomposed, the earth receives nutrients from it. Packaging materials and goods must fully degrade and break down into natural elements within a short period of time.

Europe Compostable Packaging Market Dynamics

Drivers

  • Increasing demand for compostable materials among consumer

Increasing demand for compostable materials among consumer, companies are producing eco-friendly packaging to fulfil consumers need. APP Sinar Mas is one of the leading pulp and paper companies that has transported an advanced and innovative eco-friendly solution in the food and beverage packaging market. Moreover, Foopak Bio Natura is also formed eco-friendly paperboard. It is suitable for single-use cup and food packaging. Compostable packaging represents an eco-friendly and sustainable, process of packaging. Thus, increasing demand for compostable materials among consumer is likely to boost the market growth.

  • Rising demand of compostable packaging in food industry

The compostable packaging is widely used in the food and beverage industry which is expected to drive the growth of the market. In the food and beverage industry, nonstop demand for bottled water and non-alcoholic beverages, increases the demand for compostable packaging in the market. The demand for bottled water is attributed to the ease of portability and convenience provided by bottled water. Therefore, increasing demand of compostable packaging in food industry propel the market growth rate.

Opportunities

  • Increasing  implementation of legal framework for plastics use

Publication of the new EU Commission's European Green Deal and Single-use Plastics Directive has led to a strong dynamic, which will even intensify in 2020. As a result of this, currently the main characteristics of the European legal framework for plastics are under revision. This offers new opportunities for compostable packaging that can play an important role in achieving a resource-efficient and low-carbon circular economy followed by the European Union.

  • Rising awareness regarding eco-friendly packaging

Rising awareness regarding eco-friendly packaging in developed countries is increasing the adoption rate of compostable packaging in various companies. For instance, the Coca-Cola Company, Unilever Group, and Danone are highly using compostable packaging for the packaging of their products. These companies are mainly adopting compostable packaging to retain their customer base, which will create immense opportunities for the market growth globally.

Restraints/ Challenges

  • Multiple issues associated with compostable packaging

Dearth of sufficient technology and high cost of compostable packaging are some of the major factors that challenge the market growth rate. Furthermore, shorter life and incapability to recycle some materials that are not completely compostable are other major factors that are anticipated to hamper the market growth during the forecast period. Furthermore, cross-contamination in recycling facilities, lower strength of compostable packaging and less load-carrying could further obstruct the market's growth rate.

This compostable packaging market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growth  application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the compostable packaging market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

  • In 2019, Mondi joined forces with the United Nations and the Ellen MacArthur Foundation to reduce the plastic pollution. It will use its learning in flexible plastic and paper-based packaging to improve the product design and thus reach 100 percent recycled or compostable plastic packaging by 2025.
  • In 2019, Danimer Scientific and Genpak, LLC, started partnership to make a fresh line of biodegradable containers which are used in food industry. These products are made by two firms so that they can reduce the harmful environmental impact of non-biodegradable packaging which is created annually. As a result of this partnership, the company will provide advancements in innovative packaging.

Europe Compostable Packaging Market Scope

The compostable packaging market is segmented on the basis of application, pulp type, paper type and end use industry. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Application

  • Newsprint
  • Hygiene Paper
  • Printing Paper
  • Writing Paper
  • Packaging
  • Others

Pulp Type

  • Mechanical Wood Pulp
  • Semi-Chemical Pulp
  • Chemical Wood Pulp
  • Non-Wood Pulp
  • Recycled Pulp

 Paper Type

  • Coated
  • Uncoated

 End Use Industry

  • Food Service
  • Packing and Wrapping
  • Printing
  • Consumer Goods
  • Others

Compostable Packaging Market Regional Analysis/Insights

The compostable packaging market is analyzed and market size insights and trends are provided by country, application, pulp type, paper type and end use industry as referenced above.

The countries covered in the compostable packaging market report are Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe.

Russia dominates the compostable packaging market in terms of market share and revenue owing to huge consumption and production of compostable packaging in this region. Furthermore, increasing favorable regulations from the government and augmented awareness regarding eco-friendly packaging among the consumers will further boost market growth within this region.

The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Compostable Packaging Market Share Analysis

The compostable packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to compostable packaging market.

Some of the major players operating in the compostable packaging market are:

  • TIPA LTD (Israel)
  • Riverside Paper Co. Inc. (U.S.)
  • SmartSolve Industries (U.S.)
  • Özsoy Plastik (Turkey)
  • Ultra Green Sustainable Packaging (U.S.)
  • Hoşgör Plastik (Turkey)
  • Eurocell S.r.l (U.K.)
  • Tetra Pak International SA (Switzerland)
  • Kruger Inc. (Canada)
  • Amcor PLC (Switzerland)
  • Mondi (U.K.)
  • International Paper Company (U.S.)
  • Smurfit Kappa (U.S.)
  • DS Smith (U.K.)
  • Klabin SA (Brazil)
  • Rengo Co. Ltd (Japan)
  • WestRock Company (U.S.)
  • Stora Enso (Sweden)
  • Bemis manufacturing company (U.S.)
  • Rocktenn (U.S.)
  • BASF SE (Germany)
  • Clearwater Paper Corporation (U.S.)


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Frequently Asked Questions

The Europe Compostable Packaging Market is projected to grow at a CAGR of 18.10% during the forecast period by 2030.
The future market value of the Europe Compostable Packaging Market is expected to reach USD 64,884.76 billion by 2030.
The major players in the Europe Compostable Packaging Market are TIPA LTD (Israel), Riverside Paper Co. Inc. (U.S.), SmartSolve Industries (U.S.), Özsoy Plastik (Turkey), Ultra Green Sustainable Packaging (U.S.), Hoşgör Plastik (Turkey), Eurocell S.r.l (U.K.), etc.
The countries covered in the Europe Compostable Packaging Market are Germany, France, Italy, U.K., Belgium, Spain, Russia, Turkey, Netherlands, Switzerland, Rest of Europe.