North America Compostable Packaging Market
Market Size in USD Billion
CAGR :
% 
 Forecast Period |
2024 –2031 |
 Market Size (Base Year) |
USD 1.13 Billion |
 Market Size (Forecast Year) |
USD 3.94 Billion |
 CAGR |
% |
| Major Markets Players |
|
North America Compostable Packaging Market Segmentation, By Product Type (Bags, Trays, Cups, Plates, Films, Lids, Straws, Cutlery, Bowls, Clamshells, Pouches & Sachets, Others), Material (Plastic, Paper & Paperboard, Others), Packaging Layer (Primary Packaging, Secondary Packaging, Tertiary Packaging), Distribution Channel (B2B, Supermarkets/Hypermarkets, Departmental Stores, Convenience Stores, Specialty Stores, E-commerce, Others), End-User (Food & Beverages, Medical, Automotive, Electrical & Electronics, Agriculture, Textile Goods, Personal & Home Care, Chemical, Others) - Industry Trends and Forecast to 2031.
North America Compostable Packaging Market Size
North America compostable packaging market size was valued at USD 1.13 billion in 2023 and is projected to reach USD 3.94 billion by 2031, with a CAGR of 16.90% during the forecast period of 2024 to 2031.
Report Scope and Market Segmentation
|
Attributes |
Compostable Packaging Key Market Insights |
|
Segmentation |
By Product Type: Bags, Trays, Cups, Plates, Films, Lids, Straws, Cutlery, Bowls, Clamshells, Pouches & Sachets, Others By Material: Plastic, Paper & Paperboard, Others By Packaging Layer: Primary Packaging, Secondary Packaging, Tertiary Packaging By Distribution Channel: B2B, Supermarkets/Hypermarkets, Departmental Stores, Convenience Stores, Specialty Stores, E-commerce, Others By End-User: Food & Beverages, Medical, Automotive, Electrical & Electronics, Agriculture, Textile Goods, Personal & Home Care, Chemical, Others |
|
Countries Covered |
China, India, Japan, South Korea, Australia, Singapore, Indonesia, Thailand, Malaysia, Philippines, and Rest of North America in North America |
|
Key Market Players |
International Paper, Mondi, BASF SE, Be Green Packaging HQ, Futamura Group, WestRock Company, BIOPAK, Amcor plc, Wuxi Topteam Co.Ltd, NatureWorks LLC, Ecolifellc.com, Lithey Inc., Biotec Pvt. Ltd and Avani Eco, |
Compostable Packaging Market Dynamics
Growing consumption of food and beverages in the U.S. boosts the demand of compostable packaging in the bottles and cans. The U.S. is dominating due to growing preference towards eco-friendly products particularly I packaging of food and beverages items.
This Compostable Packaging Market report provides details of market share, new developments, and product pipeline analysis, impact of domestic and localised market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, product approvals, strategic decisions, product launches, geographic expansions, and technological innovations in the market. To understand the analysis and the market scenario contact us for an Analyst Brief, our team will help you create a revenue impact solution to achieve your desired goal.
Compostable Packaging Market Scope
North America compostable packaging market is segmented on the basis of product type, material, packaging layer, distribution channel and end-user. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.
Product Type
- Bags
- Trays
- Cups
- Plates
- Films
- Lids
- Straws
- Cutlery
- Bowls
- Clamshells
- Pouches
- Sachets
- Others
Material
- Plastic
- Paper
- Paperboard
- Others
Packaging Layer
- Primary Packaging
- Secondary Packaging
- Tertiary Packaging
Distribution Channel
- B2b
- Supermarkets
- Hypermarkets
- Departmental Stores
- Convenience Stores
- Specialty Stores
- E-Commerce
- Others
End-User
- Food & Beverages
- Medical
- Automotive
- Electrical & Electronics
- Agriculture
- Textile Goods
- Personal & Home Care
- Chemical
- Others
Compostable Packaging Market Regional Analysis
North America compostable packaging market is analyzed and market size information is provided by country, product type, material, packaging layer, distribution channel and end-user as referenced above.
The countries covered in the compostable packaging market report are U.S., Canada and Mexico in North America. North America compostable packaging market is growing due to the growing food and beverages industry which requires biodegradable packaging
The country section of the report also provides individual market impacting factors and changes in regulation in the market domestically that impacts the current and future trends of the market. Data points such as new sales, replacement sales, country demographics, regulatory acts and import-export tariffs are some of the major pointers used to forecast the market scenario for individual countries. Also, presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of sales channels are considered while providing forecast analysis of the country data.
Compostable Packaging Market Share
North America compostable packaging market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, company strengths and weaknesses, product launch, clinical trials pipelines, brand analysis, product approvals, patents, product width and breadth, application dominance, technology lifeline curve. The above data points provided are only related to the companies’ focus related to market.
Compostable Packaging Market Leaders Operating in the Market Are:
- International Paper
- Mondi
- BASF SE
- Be Green Packaging HQ
- Futamura Group
- WestRock Company
- BIOPAK
- Amcor plc
- Wuxi Topteam Co.Ltd
- NatureWorks LLC
- Ecolifellc.com
- Lithey Inc.
- Biotec Pvt. Ltd
- Avani Eco
Latest Developments in Compostable Packaging Market
- In the year 2019, BIOPAK declared their expansion of sustainable packaging products in Singapore to initiate the zero waste packaging products. It will help the company to increase their global footprint in the market.
- Stora Enso introduced a paperboard which is renewable for the purposes of paper cups, Cupforma in the year May 2019. The products are suited for recycling process without traditional coating of plastic. They are entirely made for the recovery of fiber both cold and hot cups.
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Research Methodology
Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
Customization Available
Data Bridge Market Research is a leader in advanced formative research. We take pride in servicing our existing and new customers with data and analysis that match and suits their goal. The report can be customized to include price trend analysis of target brands understanding the market for additional countries (ask for the list of countries), clinical trial results data, literature review, refurbished market and product base analysis. Market analysis of target competitors can be analyzed from technology-based analysis to market portfolio strategies. We can add as many competitors that you require data about in the format and data style you are looking for. Our team of analysts can also provide you data in crude raw excel files pivot tables (Fact book) or can assist you in creating presentations from the data sets available in the report.
