Biodegradable Films Market Key Players Analysis 2031
Biodegradable Films pastic has a prominent place in packaging because of its cost-effectiveness and durability, However, rising plastic intolerance for single-use packaging is necessitating the development of highly sustainable alternatives. End-users are being introduced to eco-friendly and still effective packaging solutions by the packaging industry. Biodegradable films, aluminium foil, and paper-based packaging are some of the more recent sustainable packaging alternatives that industry behemoths are considering. In the near future, the packaging market is projected to see increased demand for biodegradable films. Both varieties are completely biodegradable. The film decomposes to water, bio-compost, and carbon dioxide thanks to specific bio-additives in the degradable resin.
MARKET DYNAMICS
Mulch films made from biodegradable films are gaining popularity across the world. Biodegradable films are becoming more popular in agriculture due to their capacity to maintain temperature and speed up germination and growing cycles. Furthermore, increased demand for biodegradable films in the agriculture sector to improve crop yield under proper conditions is a major driver of the global market.
MARKET SCOPE
The "Global biodegradable films market analysis to 2031" is a specialized and in-depth study of the chemicals and materials industry with a particular focus on the global market trend analysis. The report aims to provide an overview of the biodegradable films market with detailed market segmentation by material and end use. The global biodegradable films market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading biodegradable films market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global biodegradable films market is segmented into material and end use. By material, the biodegradable films market is classified into PLA, PHA, starch based and others. By end use, the biodegradable films market is classified into food packaging, agriculture & horticulture, cosmetic & personal care products packaging, industrial packaging and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global biodegradable films market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The biodegradable films market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the biodegradable films market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i. e. , drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the biodegradable films market in these regions.
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The report provides a detailed overview of the industry, including both qualitative and quantitative information. It provides an overview and forecast of the global biodegradable films market based on various segments. It also provides market size and forecast estimates from the year 2021 to 2031 concerning five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South America. The biodegradable films market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally, along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the biodegradable films market from both demand and supply side. Further, it evaluates market dynamics affecting the market during the forecast period, i. e. , drivers, restraints, opportunities, and future trends. The report also provides exhaustive PEST analysis for all five regions, namely; North America, Europe, APAC, MEA, and South America, after evaluating political, economic, social, and technological factors affecting the biodegradable films market in these regions.
MARKET PLAYERS
The report covers vital developments in the biodegradable films market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals, and others, such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions and partnerships & collaborations. These activities have paved the way for the expansion of business and customer base of market players. The market players from the biodegradable films market are anticipated to witness lucrative growth opportunities in the future with the rising demand for biodegradable films in the global market. Below mentioned is the list of few companies engaged in the biodegradable films market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the biodegradable films market. Besides, the report focuses on leading industry players with information such as company profiles, products, and services offered, financial information of the last three years, the critical development in the past five years.
- BASF SE
- Kingfa SCI. and TECH. CO. , LTD.
- Mondi
- Tilak Polypack Pvt. Ltd
- Easy Flux
- WRAPEX
- HUBEI HYF PACKAGING CO. , LTD.
- Cortec Corporation
- Sontex (Machinery) Ltd.
- Film Source International
- Sample PDF showcases the content structure and the nature of the information with qualitative and quantitative analysis.
- Request discounts available for Start-Ups & Universities
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
101. INTRODUCTION
1. 1. SCOPE OF THE STUDY
1. 2. THE INSIGHT PARTNERS RESEARCH REPORT GUIDANCE
1. 3. MARKET SEGMENTATION
1. 3. 1 Biodegradable Films Market - By Material
1. 3. 2 Biodegradable Films Market - By End Use
1. 3. 3 Biodegradable Films Market - By Region
1. 3. 3. 1 By Country
2. KEY TAKEAWAYS
3. RESEARCH METHODOLOGY
4. BIODEGRADABLE FILMS MARKET LANDSCAPE
4. 1. OVERVIEW
4. 2. PORTER'S FIVE FORCES ANALYSIS
4. 2. 1 Bargaining Power of Buyers
4. 2. 1 Bargaining Power of Suppliers
4. 2. 1 Threat of Substitute
4. 2. 1 Threat of New Entrants
4. 2. 1 Competitive Rivalry
4. 3. EXPERT OPINIONS
5. BIODEGRADABLE FILMS MARKET - KEY MARKET DYNAMICS
5. 1. KEY MARKET DRIVERS
5. 2. KEY MARKET RESTRAINTS
5. 3. KEY MARKET OPPORTUNITIES
5. 4. FUTURE TRENDS
5. 5. IMPACT ANALYSIS OF DRIVERS AND RESTRAINTS
6. BIODEGRADABLE FILMS MARKET - GLOBAL MARKET ANALYSIS
6. 1. BIODEGRADABLE FILMS - GLOBAL MARKET OVERVIEW
6. 2. BIODEGRADABLE FILMS - GLOBAL MARKET AND FORECAST TO 2028
6. 3. MARKET POSITIONING
7. BIODEGRADABLE FILMS MARKET - REVENUE AND FORECASTS TO 2028 - MATERIAL
7. 1. OVERVIEW
7. 2. MATERIAL MARKET FORECASTS AND ANALYSIS
7. 3. PLA
7. 3. 1. Overview
7. 3. 2. PLA Market Forecast and Analysis
7. 4. PHA
7. 4. 1. Overview
7. 4. 2. PHA Market Forecast and Analysis
7. 5. STARCH BASED
7. 5. 1. Overview
7. 5. 2. Starch based Market Forecast and Analysis
7. 6. OTHERS
7. 6. 1. Overview
7. 6. 2. Others Market Forecast and Analysis
8. BIODEGRADABLE FILMS MARKET - REVENUE AND FORECASTS TO 2028 - END USE
8. 1. OVERVIEW
8. 2. END USE MARKET FORECASTS AND ANALYSIS
8. 3. FOOD PACKAGING
8. 3. 1. Overview
8. 3. 2. Food Packaging Market Forecast and Analysis
8. 4. AGRICULTURE AND HORTICULTURE
8. 4. 1. Overview
8. 4. 2. Agriculture and Horticulture Market Forecast and Analysis
8. 5. COSMETIC AND PERSONAL CARE PRODUCTS PACKAGING
8. 5. 1. Overview
8. 5. 2. Cosmetic and Personal Care Products Packaging Market Forecast and Analysis
8. 6. INDUSTRIAL PACKAGING
8. 6. 1. Overview
8. 6. 2. Industrial Packaging Market Forecast and Analysis
8. 7. OTHERS
8. 7. 1. Overview
8. 7. 2. Others Market Forecast and Analysis
9. BIODEGRADABLE FILMS MARKET REVENUE AND FORECASTS TO 2028 - GEOGRAPHICAL ANALYSIS
9. 1. NORTH AMERICA
9. 1. 1 North America Biodegradable Films Market Overview
9. 1. 2 North America Biodegradable Films Market Forecasts and Analysis
9. 1. 3 North America Biodegradable Films Market Forecasts and Analysis - By Material
9. 1. 4 North America Biodegradable Films Market Forecasts and Analysis - By End Use
9. 1. 5 North America Biodegradable Films Market Forecasts and Analysis - By Countries
9. 1. 5. 1 United States Biodegradable Films Market
9. 1. 5. 1. 1 United States Biodegradable Films Market by Material
9. 1. 5. 1. 2 United States Biodegradable Films Market by End Use
9. 1. 5. 2 Canada Biodegradable Films Market
9. 1. 5. 2. 1 Canada Biodegradable Films Market by Material
9. 1. 5. 2. 2 Canada Biodegradable Films Market by End Use
9. 1. 5. 3 Mexico Biodegradable Films Market
9. 1. 5. 3. 1 Mexico Biodegradable Films Market by Material
9. 1. 5. 3. 2 Mexico Biodegradable Films Market by End Use
9. 2. EUROPE
9. 2. 1 Europe Biodegradable Films Market Overview
9. 2. 2 Europe Biodegradable Films Market Forecasts and Analysis
9. 2. 3 Europe Biodegradable Films Market Forecasts and Analysis - By Material
9. 2. 4 Europe Biodegradable Films Market Forecasts and Analysis - By End Use
9. 2. 5 Europe Biodegradable Films Market Forecasts and Analysis - By Countries
9. 2. 5. 1 Germany Biodegradable Films Market
9. 2. 5. 1. 1 Germany Biodegradable Films Market by Material
9. 2. 5. 1. 2 Germany Biodegradable Films Market by End Use
9. 2. 5. 2 France Biodegradable Films Market
9. 2. 5. 2. 1 France Biodegradable Films Market by Material
9. 2. 5. 2. 2 France Biodegradable Films Market by End Use
9. 2. 5. 3 Italy Biodegradable Films Market
9. 2. 5. 3. 1 Italy Biodegradable Films Market by Material
9. 2. 5. 3. 2 Italy Biodegradable Films Market by End Use
9. 2. 5. 4 United Kingdom Biodegradable Films Market
9. 2. 5. 4. 1 United Kingdom Biodegradable Films Market by Material
9. 2. 5. 4. 2 United Kingdom Biodegradable Films Market by End Use
9. 2. 5. 5 Russia Biodegradable Films Market
9. 2. 5. 5. 1 Russia Biodegradable Films Market by Material
9. 2. 5. 5. 2 Russia Biodegradable Films Market by End Use
9. 2. 5. 6 Rest of Europe Biodegradable Films Market
9. 2. 5. 6. 1 Rest of Europe Biodegradable Films Market by Material
9. 2. 5. 6. 2 Rest of Europe Biodegradable Films Market by End Use
9. 3. ASIA-PACIFIC
9. 3. 1 Asia-Pacific Biodegradable Films Market Overview
9. 3. 2 Asia-Pacific Biodegradable Films Market Forecasts and Analysis
9. 3. 3 Asia-Pacific Biodegradable Films Market Forecasts and Analysis - By Material
9. 3. 4 Asia-Pacific Biodegradable Films Market Forecasts and Analysis - By End Use
9. 3. 5 Asia-Pacific Biodegradable Films Market Forecasts and Analysis - By Countries
9. 3. 5. 1 Australia Biodegradable Films Market
9. 3. 5. 1. 1 Australia Biodegradable Films Market by Material
9. 3. 5. 1. 2 Australia Biodegradable Films Market by End Use
9. 3. 5. 2 China Biodegradable Films Market
9. 3. 5. 2. 1 China Biodegradable Films Market by Material
9. 3. 5. 2. 2 China Biodegradable Films Market by End Use
9. 3. 5. 3 India Biodegradable Films Market
9. 3. 5. 3. 1 India Biodegradable Films Market by Material
9. 3. 5. 3. 2 India Biodegradable Films Market by End Use
9. 3. 5. 4 Japan Biodegradable Films Market
9. 3. 5. 4. 1 Japan Biodegradable Films Market by Material
9. 3. 5. 4. 2 Japan Biodegradable Films Market by End Use
9. 3. 5. 5 South Korea Biodegradable Films Market
9. 3. 5. 5. 1 South Korea Biodegradable Films Market by Material
9. 3. 5. 5. 2 South Korea Biodegradable Films Market by End Use
9. 3. 5. 6 Rest of Asia-Pacific Biodegradable Films Market
9. 3. 5. 6. 1 Rest of Asia-Pacific Biodegradable Films Market by Material
9. 3. 5. 6. 2 Rest of Asia-Pacific Biodegradable Films Market by End Use
9. 4. MIDDLE EAST AND AFRICA
9. 4. 1 Middle East and Africa Biodegradable Films Market Overview
9. 4. 2 Middle East and Africa Biodegradable Films Market Forecasts and Analysis
9. 4. 3 Middle East and Africa Biodegradable Films Market Forecasts and Analysis - By Material
9. 4. 4 Middle East and Africa Biodegradable Films Market Forecasts and Analysis - By End Use
9. 4. 5 Middle East and Africa Biodegradable Films Market Forecasts and Analysis - By Countries
9. 4. 5. 1 South Africa Biodegradable Films Market
9. 4. 5. 1. 1 South Africa Biodegradable Films Market by Material
9. 4. 5. 1. 2 South Africa Biodegradable Films Market by End Use
9. 4. 5. 2 Saudi Arabia Biodegradable Films Market
9. 4. 5. 2. 1 Saudi Arabia Biodegradable Films Market by Material
9. 4. 5. 2. 2 Saudi Arabia Biodegradable Films Market by End Use
9. 4. 5. 3 U. A. E Biodegradable Films Market
9. 4. 5. 3. 1 U. A. E Biodegradable Films Market by Material
9. 4. 5. 3. 2 U. A. E Biodegradable Films Market by End Use
9. 4. 5. 4 Rest of Middle East and Africa Biodegradable Films Market
9. 4. 5. 4. 1 Rest of Middle East and Africa Biodegradable Films Market by Material
9. 4. 5. 4. 2 Rest of Middle East and Africa Biodegradable Films Market by End Use
9. 5. SOUTH AND CENTRAL AMERICA
9. 5. 1 South and Central America Biodegradable Films Market Overview
9. 5. 2 South and Central America Biodegradable Films Market Forecasts and Analysis
9. 5. 3 South and Central America Biodegradable Films Market Forecasts and Analysis - By Material
9. 5. 4 South and Central America Biodegradable Films Market Forecasts and Analysis - By End Use
9. 5. 5 South and Central America Biodegradable Films Market Forecasts and Analysis - By Countries
9. 5. 5. 1 Brazil Biodegradable Films Market
9. 5. 5. 1. 1 Brazil Biodegradable Films Market by Material
9. 5. 5. 1. 2 Brazil Biodegradable Films Market by End Use
9. 5. 5. 2 Argentina Biodegradable Films Market
9. 5. 5. 2. 1 Argentina Biodegradable Films Market by Material
9. 5. 5. 2. 2 Argentina Biodegradable Films Market by End Use
9. 5. 5. 3 Rest of South and Central America Biodegradable Films Market
9. 5. 5. 3. 1 Rest of South and Central America Biodegradable Films Market by Material
9. 5. 5. 3. 2 Rest of South and Central America Biodegradable Films Market by End Use
10. INDUSTRY LANDSCAPE
10. 1. MERGERS AND ACQUISITIONS
10. 2. AGREEMENTS, COLLABORATIONS AND JOIN VENTURES
10. 3. NEW PRODUCT LAUNCHES
10. 4. EXPANSIONS AND OTHER STRATEGIC DEVELOPMENTS
11. BIODEGRADABLE FILMS MARKET, KEY COMPANY PROFILES
11. 1. BASF SE
11. 1. 1. Key Facts
11. 1. 2. Business Description
11. 1. 3. Products and Services
11. 1. 4. Financial Overview
11. 1. 5. SWOT Analysis
11. 1. 6. Key Developments
11. 2. KINGFA SCI. AND TECH. CO. , LTD.
11. 2. 1. Key Facts
11. 2. 2. Business Description
11. 2. 3. Products and Services
11. 2. 4. Financial Overview
11. 2. 5. SWOT Analysis
11. 2. 6. Key Developments
11. 3. MONDI
11. 3. 1. Key Facts
11. 3. 2. Business Description
11. 3. 3. Products and Services
11. 3. 4. Financial Overview
11. 3. 5. SWOT Analysis
11. 3. 6. Key Developments
11. 4. TILAK POLYPACK PVT. LTD
11. 4. 1. Key Facts
11. 4. 2. Business Description
11. 4. 3. Products and Services
11. 4. 4. Financial Overview
11. 4. 5. SWOT Analysis
11. 4. 6. Key Developments
11. 5. EASY FLUX
11. 5. 1. Key Facts
11. 5. 2. Business Description
11. 5. 3. Products and Services
11. 5. 4. Financial Overview
11. 5. 5. SWOT Analysis
11. 5. 6. Key Developments
11. 6. WRAPEX
11. 6. 1. Key Facts
11. 6. 2. Business Description
11. 6. 3. Products and Services
11. 6. 4. Financial Overview
11. 6. 5. SWOT Analysis
11. 6. 6. Key Developments
11. 7. HUBEI HYF PACKAGING CO. , LTD.
11. 7. 1. Key Facts
11. 7. 2. Business Description
11. 7. 3. Products and Services
11. 7. 4. Financial Overview
11. 7. 5. SWOT Analysis
11. 7. 6. Key Developments
11. 8. CORTEC CORPORATION
11. 8. 1. Key Facts
11. 8. 2. Business Description
11. 8. 3. Products and Services
11. 8. 4. Financial Overview
11. 8. 5. SWOT Analysis
11. 8. 6. Key Developments
11. 9. SONTEX (MACHINERY) LTD.
11. 9. 1. Key Facts
11. 9. 2. Business Description
11. 9. 3. Products and Services
11. 9. 4. Financial Overview
11. 9. 5. SWOT Analysis
11. 9. 6. Key Developments
11. 10. FILM SOURCE INTERNATIONAL
11. 10. 1. Key Facts
11. 10. 2. Business Description
11. 10. 3. Products and Services
11. 10. 4. Financial Overview
11. 10. 5. SWOT Analysis
11. 10. 6. Key Developments
12. APPENDIX
12. 1. ABOUT THE INSIGHT PARTNERS
12. 2. GLOSSARY OF TERMS
The List Of Companies
- BASF SE
- Kingfa SCI. and TECH. CO. , LTD.
- Mondi
- Tilak Polypack Pvt. Ltd
- Easy Flux
- WRAPEX
- HUBEI HYF PACKAGING CO. , LTD.
- Cortec Corporation
- Sontex (Machinery) Ltd.
- Film Source International
The Insight Partners performs research in 4 major stages: Data Collection & Secondary Research, Primary Research, Data Analysis and Data Triangulation & Final Review.
- Data Collection and Secondary Research:
As a market research and consulting firm operating from a decade, we have published many reports and advised several clients across the globe. First step for any study will start with an assessment of currently available data and insights from existing reports. Further, historical and current market information is collected from Investor Presentations, Annual Reports, SEC Filings, etc., and other information related to company’s performance and market positioning are gathered from Paid Databases (Factiva, Hoovers, and Reuters) and various other publications available in public domain.
Several associations trade associates, technical forums, institutes, societies and organizations are accessed to gain technical as well as market related insights through their publications such as research papers, blogs and press releases related to the studies are referred to get cues about the market. Further, white papers, journals, magazines, and other news articles published in the last 3 years are scrutinized and analyzed to understand the current market trends.
- Primary Research:
The primarily interview analysis comprise of data obtained from industry participants interview and answers to survey questions gathered by in-house primary team.
For primary research, interviews are conducted with industry experts/CEOs/Marketing Managers/Sales Managers/VPs/Subject Matter Experts from both demand and supply side to get a 360-degree view of the market. The primary team conducts several interviews based on the complexity of the markets to understand the various market trends and dynamics which makes research more credible and precise.
A typical research interview fulfils the following functions:
- Provides first-hand information on the market size, market trends, growth trends, competitive landscape, and outlook
- Validates and strengthens in-house secondary research findings
- Develops the analysis team’s expertise and market understanding
Primary research involves email interactions and telephone interviews for each market, category, segment, and sub-segment across geographies. The participants who typically take part in such a process include, but are not limited to:
- Industry participants: VPs, business development managers, market intelligence managers and national sales managers
- Outside experts: Valuation experts, research analysts and key opinion leaders specializing in the electronics and semiconductor industry.
Below is the breakup of our primary respondents by company, designation, and region:
Once we receive the confirmation from primary research sources or primary respondents, we finalize the base year market estimation and forecast the data as per the macroeconomic and microeconomic factors assessed during data collection.
- Data Analysis:
Once data is validated through both secondary as well as primary respondents, we finalize the market estimations by hypothesis formulation and factor analysis at regional and country level.
- 3.1 Macro-Economic Factor Analysis:
We analyse macroeconomic indicators such the gross domestic product (GDP), increase in the demand for goods and services across industries, technological advancement, regional economic growth, governmental policies, the influence of COVID-19, PEST analysis, and other aspects. This analysis aids in setting benchmarks for various nations/regions and approximating market splits. Additionally, the general trend of the aforementioned components aid in determining the market's development possibilities.
- 3.2 Country Level Data:
Various factors that are especially aligned to the country are taken into account to determine the market size for a certain area and country, including the presence of vendors, such as headquarters and offices, the country's GDP, demand patterns, and industry growth. To comprehend the market dynamics for the nation, a number of growth variables, inhibitors, application areas, and current market trends are researched. The aforementioned elements aid in determining the country's overall market's growth potential.
- 3.3 Company Profile:
The “Table of Contents” is formulated by listing and analyzing more than 25 - 30 companies operating in the market ecosystem across geographies. However, we profile only 10 companies as a standard practice in our syndicate reports. These 10 companies comprise leading, emerging, and regional players. Nonetheless, our analysis is not restricted to the 10 listed companies, we also analyze other companies present in the market to develop a holistic view and understand the prevailing trends. The “Company Profiles” section in the report covers key facts, business description, products & services, financial information, SWOT analysis, and key developments. The financial information presented is extracted from the annual reports and official documents of the publicly listed companies. Upon collecting the information for the sections of respective companies, we verify them via various primary sources and then compile the data in respective company profiles. The company level information helps us in deriving the base number as well as in forecasting the market size.
- 3.4 Developing Base Number:
Aggregation of sales statistics (2020-2022) and macro-economic factor, and other secondary and primary research insights are utilized to arrive at base number and related market shares for 2022. The data gaps are identified in this step and relevant market data is analyzed, collected from paid primary interviews or databases. On finalizing the base year market size, forecasts are developed on the basis of macro-economic, industry and market growth factors and company level analysis.
- Data Triangulation and Final Review:
The market findings and base year market size calculations are validated from supply as well as demand side. Demand side validations are based on macro-economic factor analysis and benchmarks for respective regions and countries. In case of supply side validations, revenues of major companies are estimated (in case not available) based on industry benchmark, approximate number of employees, product portfolio, and primary interviews revenues are gathered. Further revenue from target product/service segment is assessed to avoid overshooting of market statistics. In case of heavy deviations between supply and demand side values, all thes steps are repeated to achieve synchronization.
We follow an iterative model, wherein we share our research findings with Subject Matter Experts (SME’s) and Key Opinion Leaders (KOLs) until consensus view of the market is not formulated – this model negates any drastic deviation in the opinions of experts. Only validated and universally acceptable research findings are quoted in our reports.
We have important check points that we use to validate our research findings – which we call – data triangulation, where we validate the information, we generate from secondary sources with primary interviews and then we re-validate with our internal data bases and Subject matter experts. This comprehensive model enables us to deliver high quality, reliable data in shortest possible time.