Compostable Plastic Bag Market 2023 Business Review, Company Profiles, Growth Strategy, Trends and Forecast by 2030
Compostable Plastic Bag Market
Due to the COVID-19 pandemic, the global Compostable Plastic Bag market size is estimated to be worth USD million in 2021 and is forecast to a readjusted size of USD million by 2028 with a CAGR of % during the forecast period 2022-2028. Due to the COVID-19 pandemic, the global Compostable Plastic Bag market size is estimated to be worth US$ million in 2021 and is forecast to a readjusted size of US$ million by 2028 with a CAGR of % during the forecast period 2022-2028. Fully considering the economic change by this health crisis, the Europe Compostable Plastic Bag market is estimated at US$ million in 2022, while the United States and China are forecast to reach US$ million and US$ million by 2028, respectively. The proportion of the United States is % in 2022, while Chinese percentage is %, and it is predicted that China market share will reach % in 2028, trailing a CAGR of % through the analysis period. As for the Europe Compostable Plastic Bag landscape, Germany is projected to reach US$ million by 2028. and in Asia, the notable markets are Japan and South Korea, CAGR is % and % respectively for the next 6-year period.Sugarcane Starch Plastic Bag accounting for % of the Compostable Plastic Bag global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR from 2022 to 2028. While Foods and Drinks segment is altered to an % CAGR throughout this forecast period and will hold a share about % in 2028.The global major manufacturers of Compostable Plastic Bag include BioBag, Novolex, EnviGreen, Plastiroll, Xtex Polythene, RKW Group, Abbey Polythene, Sarah Bio Plast and Bulldog Bag, etc. In terms of revenue, the global 3 largest players have a % market share of Compostable Plastic Bag in 2021.This report focuses on Compostable Plastic Bag volume and value at the global level, regional level, and company level. From a global perspective, this report represents overall Compostable Plastic Bag market size by analysing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan, etc.Global Compostable Plastic Bag Market: Segment AnalysisThe research report includes specific segments by region (country), by company, by Type and by Application. This study provides information about the sales and revenue during the historic and forecasted period of 2017 to 2028. Understanding the segments helps in identifying the importance of different factors that aid the market growth.
Major players covered in Compostable Plastic Bag Market are:
- BioBag
- Novolex
- EnviGreen
- Plastiroll
- Xtex Polythene
- RKW Group
- Abbey Polythene
- Sarah Bio Plast
- Bulldog Bag
- Symphony Polymers
- Jiangsu Torise biomaterials
- JUNER Plastic packaging
- Sahachit Watana Plastic Industry
- Walki Plastiroll Oy
- Chnpack
- XCBIO
- Polybags
- BioPak
- Scanlux Packaging
Market Segment by Type:
- Sugarcane Starch Plastic Bag
- Potato Starch Plastic Bag
- Corn Starch Plastic Bag
- Others
Market Segment by Application:
- Foods and Drinks
- Industrial
- Shopping
- Garbage
- Others
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