The global Eco-friendly Plastic Bags market was valued at US$ 1733.3 million in 2022 and is projected to reach US$ 2657.7 million by 2029, at a CAGR of 6.3% during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
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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 aims to provide a comprehensive presentation of the global market for Eco-friendly Plastic Bags, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Eco-friendly Plastic Bags.
This report contains market size and forecasts of Eco-friendly Plastic Bags in global, including the following market information:
- Global Eco-friendly Plastic Bags Market Revenue, 2018-2023, 2024-2029, ($ millions)
- Global Eco-friendly Plastic Bags Market Sales, 2018-2023, 2024-2029, (K MT)
- Global top five Eco-friendly Plastic Bags companies in 2022 (%)
Global eco-friendly plastic bags key players include BioBag, Walki Plastiroll Oy, RKW Group, Jiangsu Torise biomaterials, JUNER Plastic packaging, etc. Global top 5 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.
We surveyed the Eco-friendly Plastic Bags manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Eco-friendly Plastic Bags Market, by Type, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Eco-friendly Plastic Bags Market Segment Percentages, by Type, 2022 (%)
- Polylactic acid (PLA)
- Polyhydroxyalkanoate (PHA)
- Starch Blends
- Others
Global Eco-friendly Plastic Bags Market, by Application, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Eco-friendly Plastic Bags Market Segment Percentages, by Application, 2022 (%)
- Food Packaging
- Industrial Packaging
- Convenient for Shopping
- Garbage Containing
- Others
Global Eco-friendly Plastic Bags Market, By Region and Country, 2018-2023, 2024-2029 ($ Millions) & (K MT)
Global Eco-friendly Plastic Bags Market Segment Percentages, By Region and Country, 2022 (%)
- North America
- US
- Canada
- Mexico
- Europe
- Germany
- France
- U.K.
- Italy
- Russia
- Nordic Countries
- Benelux
- Rest of Europe
- Asia
- China
- Japan
- South Korea
- Southeast Asia
- India
- Rest of Asia
- South America
- Brazil
- Argentina
- Rest of South America
- Middle East & Africa
- Turkey
- Israel
- Saudi Arabia
- UAE
- Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
- Key companies Eco-friendly Plastic Bags revenues in global market, 2018-2023 (Estimated), ($ millions)
- Key companies Eco-friendly Plastic Bags revenues share in global market, 2022 (%)
- Key companies Eco-friendly Plastic Bags sales in global market, 2018-2023 (Estimated), (K MT)
- Key companies Eco-friendly Plastic Bags sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
- BioBag
- Walki Plastiroll Oy
- RKW Group
- Jiangsu Torise biomaterials
- JUNER Plastic packaging
- Chnpack
- Symphony Polymers
- EnviGreen
- XCBIO
- Polybags
- BioPak
- Scanlux Packaging
Outline of Major Chapters:
Chapter 1: Introduces the definition of Eco-friendly Plastic Bags, market overview.
Chapter 2: Global Eco-friendly Plastic Bags market size in revenue and volume.
Chapter 3: Detailed analysis of Eco-friendly Plastic Bags manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Eco-friendly Plastic Bags in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Eco-friendly Plastic Bags capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
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Table of content
1 Introduction to Research & Analysis Reports
1.1 Eco-friendly Plastic Bags Market Definition
1.2 Market Segments
1.2.1 Market by Type
1.2.2 Market by Application
1.3 Global Eco-friendly Plastic Bags Market Overview
1.4 Features & Benefits of This Report
1.5 Methodology & Sources of Information
1.5.1 Research Methodology
1.5.2 Research Process
1.5.3 Base Year
1.5.4 Report Assumptions & Caveats
2 Global Eco-friendly Plastic Bags Overall Market Size
2.1 Global Eco-friendly Plastic Bags Market Size: 2022 VS 2029
2.2 Global Eco-friendly Plastic Bags Revenue, Prospects & Forecasts: 2018-2029
2.3 Global Eco-friendly Plastic Bags Sales: 2018-2029
3 Company Landscape
3.1 Top Eco-friendly Plastic Bags Players in Global Market
3.2 Top Global Eco-friendly Plastic Bags Companies Ranked by Revenue
3.3 Global Eco-friendly Plastic Bags Revenue by Companies
3.4 Global Eco-friendly Plastic Bags Sales by Companies
3.5 Global Eco-friendly Plastic Bags Price by Manufacturer (2018-2023)
3.6 Top 3 and Top 5 Eco-friendly Plastic Bags Companies in Global Market, by Revenue in 2022
3.7 Global Manufacturers Eco-friendly Plastic Bags Product Type
3.8 Tier 1, Tier 2 and Tier 3 Eco-friendly Plastic Bags Players in Global Market
3.8.1 List of Global Tier 1 Eco-friendly Plastic Bags Companies
3.8.2 List of Global Tier 2 and Tier 3 Eco-friendly Plastic Bag
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