Global Biodegradable Films Market was valued at USD 1.45 billion in 2024 which is estimated to be valued at USD 2.67 billion in 2032 growing at a CAGR of 7.91% during the forecast period 2025-2032.
Home>Industry Reports>Global Biodegradable Films Market Assessment, Opportunities, and Forecast, 2018-2032F
Global Biodegradable Films Market was valued at USD 1.45 billion in 2024 which is estimated to be valued at USD 2.67 billion in 2032 growing at a CAGR of 7.91% during the forecast period 2025-2032. The global biodegradable films market refers to the marketplace for biodegradable films or sheets that may be destroyed by natural processes such as fungus or bacteria without leaving hazardous residue in the environment.
The demand for biodegradable films has been growing steadily in the recent years, driven by increased environmental awareness and regulations regarding plastic waste reduction. Biodegradable films offer an eco-friendly alternative to traditional plastic films that takes several years to decompose and largely contributes to pollution.
Technological developments are contributing significantly the global market of biodegradable films. A new class of high-performance films has been evolved through material sciences, which would be comparable, if not exceed, the usual plastics. Recent cellulose film development, allowing for transparent films that are thin, flexible yet strong, expands the horizon toward eco-friendly package solutions. With all these developments, biodegradable films become even more competitive and appealing to the food packaging, agricultural, and healthcare industries. Their investments in research and development enable companies to set a speed in adopting sustainable packaging, contribute to reducing environmental impacts, and turn towards a circular economy.
For Instance, in November 2024, The F3 project, which was initiated in 2022 is still going strong. It is a collaboration between VTT Technical Research Centre of Finland, LUT University, and 34 industrial partners. Funded by the EU's ERDF program, it aims to develop sustainable cellulose-based films to replace conventional plastic packaging. Recent breakthroughs have led to the development of transparent, biodegradable films seamlessly integrated with paper-based materials. This innovation addresses the plastic waste crisis by offering eco-friendly, recyclable packaging solutions. The success of this project underscores the role of technological advancements in driving the global biodegradable films market toward a more sustainable future.
Innovations in agricultural applications are also propelling the growth of the biodegradable films market. Researchers are developing biodegradable mulch films that not only prevent weed growth but also release nutrients into the soil, enhancing crop yield and soil health. For instance, in November 2024, UMass Lowell researchers received a USDA grant to develop such films, aiming to reduce plastic pollution and improve agricultural sustainability. These advancements highlight the versatility of biodegradable films and their potential to address environmental challenges across various sectors.
Starch-based polymers such as polylactic acid (PLA) and polyhydroxyalkanoates (PHA) are increasingly being used as raw materials to create food and beverage packaging goods due to their ease of disposal, degradability, and recyclability. As a result, companies are using green packaging labelling for branding and client acquisition, meeting a growing demand for biodegradable materials in food packaging and compostable bag applications.
For example, a SeaFilm food packaging project in the European Union (EU) aims to create an alternative to single-use plastic for the conservation of frozen fish. This film is made of seaweed and edible algae, which can either be disposed of or consumed along with the fish.
In the recent years, there has been a noticeable shift in consumer preference towards eco-friendly plastic products, including biodegradable films. This trend has been driven by growing concerns about the environmental impact of traditional plastics that contribute to the pollution in landfills and oceans.
Consumers are increasingly seeking products made from sustainable materials, and biodegradable films offer a promising alternative to traditional plastics. These films are designed to break down more quickly and completely, often within a few months or years, and can be made from a variety of biodegradable materials, such as plant-based polymers, cellulose, starch, and proteins.
Governments around the world are becoming aware of the environmental issues associated with the traditional plastic films that have a harmful impact on the wildlife and ecosystems. As a result, many governments are promoting biodegradable films through various schemes, grants, and incentives. For example, in January 2022, the U.S. Department of Energy announced an investment if USD 13.4 million to reduce the plastic emissions and design new plastic solutions which are biodegradable and recyclable. The government aims to reach net zero carbon emissions in the nation by the year 2050. Also,in the U.S., the Department of Agriculture offers funding and technical assistance to support the development of biobased products, including biodegradable films made from the agricultural waste.
The pandemic had a substantial negative impact on the biodegradable films market. The industry's expansion over the previous year was limited by the interruptions in labour, transportation, and supply chains, as well as the lack of materials. During the initial phase of the pandemic, production facilities all around the world were shut down. Also, the launch of the bioplastics was delayed as result of the post-pandemic economic crisis. Supply chain interruptions frequently presented problems for market suppliers. However, the need for necessary packaging, such as e-commerce shipment had seen a tremendous increase.
The Russia-Ukraine war had an adverse impact on the global biodegradable films market due to supply chain disruptions resulting in shortage of raw materials used in the production of biodegradable films. Russia is a major supplier of raw materials such as polyethylene, which is used in the production of biodegradable films. If the war continues, this could lead to further increase in prices of raw materials and finished products, therefore adversely impacting the market.
“Global Biodegradable Films Market Assessment, Opportunities, and Forecast, 2018-2032F”, is a comprehensive report by Markets and Data, providing in-depth analysis and assessment of the current scenario of the global biodegradable films market, industry dynamics, and challenges. The report includes market size, segmental shares, growth trends, opportunities, and forecasts (2025–2032). Additionally, the report profiles the leading players in the industry, mentioning their respective market share, business model, competitive intelligence, etc.
Report Attribute |
Details |
Base Year for Analysis |
2024 |
Historical Period |
2018-2023 |
Forecast Period |
2025-2032 |
Projected Growth Rate |
CAGR of 7.91% from 2025-2032 |
Revenue Forecast in 2032 |
USD 2.67 Billion |
Units |
Revenue in USD Million and Volume in Unit Thousands |
Segments Covered |
By Type By Distribution Channel By Application Region
|
Regions Covered |
North America Europe Latin America Asia-Pacific Middle East & Africa
|
Key Companies Profiled |
BASF SE, Cortec Corporation, Kingfa Sci. & Tech. Co., Ltd., Futamura Chemicals Co., Ltd, BioBag Americas, Inc., Plastchim-T, Shreeji Stretch Film Industries, Clondalkin Group Holding B.V., Tipa Corp. Ltd., Brentwood Plastics, Inc., Four Star Plastics, Inc. |
Customization Scope |
15% free report customization with purchase. |
Pricing and Purchase Options |
Avail the customized purchase options to fulfil your precise research needs. |
Delivery Format |
PDF and excel through email (subject to the license purchased). We can also provide the editable version of the report in PPT/PDF format on special request |
In this report, Global Biodegradable Films Market has been segmented into following categories:
Key Player Landscape and Outlook
Major producers of biodegradable films use cutting-edge, environmentally friendly technology, specialised finishing and decorative procedures, and a range of materials to provide high-quality packaging solutions. For instance, in 2020 Fabbri Group (Italy) and BASF SE collaborated to create a new cling film specifically for packaging fresh foods. In accordance with the cooperation, BASF SE's Ecovio approved recyclable and bio-based bioplastic will be used by Fabbri Group to create the stretched film, Nature Fresh.
Key Players operating in Global Biodegradable Films Market
If you can't find what you're searching for or have any custom requirements for Global Biodegradable Films Market, you may approach our team at info@marketsandata.com
Global Sustainable Packaging Market is expected to witness robust growth, owing to factors such as growing environmental concerns, rising consumer awareness, government regulations, and an e-commerce boom.....Read More
Published on
January 2025
4,500
Global paper packaging market is being propelled by rising environmental concerns, ongoing sustainability initiatives, regulatory policies promoting the employment of recyclable materials, and flourishing need for eco-friendly packaging solutions.....Read More
Published on
April 2024
4,500
India smart packaging market is expected to reach USD 7.05 billion by FY2031, from USD 3.64 billion in FY2023, and is forecasted to grow at CAGR of 8.6% for the forecast period between FY2024 and FY2031. ....Read More
Published on
January 2024
3,300
China smart packaging market size was valued at USD 22.5 billion in 2022, which is expected to grow to USD 47.9 billion in 2030, with a CAGR of 9.9% for the forecast period between 2023 and 2030. ....Read More
Published on
December 2023
3,300
Purchase Options
USD ($)
i
2,760
3,000
8%
i
4,050
4,500
10%
i
5,016
5,700
12%
i
6,970
8,200
15%
Tired of Searching?
Looking for Customization?
Some other doubt?
Need insights from a cohort?
REACH US