Eco-friendly Plastic Bags Market Size and Growth Statistics 2023 | Competitive Landscape, Restraining Factors, Market Concentration Rate, Development Status and Growth by Forecast 2031

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Eco-friendly Plastic Bags Market

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Eco-friendly Plastic Bags are created using materials that will allow the bags to completely decompose after a period of time. They are also called biodegradable plastic bags, most of which are said to decompose in three years, although many completely disintegrate in less time. The bags leave no discernible trace and are completely harmless to the environment. Biodegradable plastic bags require two key elements in order to decompose. The bags need to be exposed to oxygen and light. Therefore, biodegradable plastic bags do not start to decompose from the date of manufacture, only after they have been exposed to light and air.This report focuses on global and United States Eco-friendly Plastic Bags market, also covers the segmentation data of other regions in regional level and county level.Due to the COVID-19 pandemic, the global Eco-friendly Plastic Bags market size is estimated to be worth USD 1794.7 million in 2022 and is forecast to a readjusted size of USD 2545.8 million by 2028 with a CAGR of 6.0% during the review period. Global Eco-friendly Plastic Bags key players include BioBag, Walki Plastiroll Oy, RKW Group, Jiangsu Torise biomaterials, JUNER Plastic packaging, etc. Global top five manufacturers hold a share over 10%.Europe is the largest market, with a share about 55%, followed by North America and China, both have a share about 30 percent. In terms of product, Starch Blends is the largest segment, with a share over 45%. And in terms of application, the largest application is Convenient for Shopping, followed by Food Packaging.Eco-friendly Plastic Bags market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Eco-friendly Plastic Bags market will be able to gain the upper hand as they use the report as a powerful resource.

Major players covered in Eco-friendly Plastic Bags Market are:

• BioBag
• Walki Plastiroll Oy
• RKW Group
• Jiangsu Torise biomaterials
• JUNER Plastic packaging
• Chnpack
• Symphony Polymers
• EnviGreen
• XCBIO
• Polybags
• BioPak
• Scanlux Packaging

Market Segment by Type:

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

Market Segment by Application:

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

Take advantage of the latest insights into the Eco-friendly Plastic Bags market with the report.

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