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The Global Biodegradable Packaging Materials Market was valued at USD 91.5 Billion in 2023 and is projected to reach USD 148.7 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 7.2% during the forecast period (2023–2030). This growth is fueled by rising environmental awareness, stringent plastic regulations, and increasing demand from food & beverage, pharmaceutical, and e-commerce sectors for sustainable packaging alternatives.
As industries worldwide transition toward circular economy models, innovative material suppliers and packaging manufacturers are leading the charge in developing plant-based, compostable solutions. In this analysis, we examine the Top 10 Companies in the Biodegradable Packaging Materials Industry—pioneers reshaping packaging with bio-plastics, molded fiber, and advanced polymer technologies.
🔟 1. BASF SE
Headquarters: Ludwigshafen, Germany
Key Offering: Ecovio® (compostable bioplastics), paper coatings
BASF leads in bio-based and compostable polymer solutions, with applications spanning food packaging, agricultural films, and hygiene products. Their Ecovio® portfolio combines biodegradability with high-performance mechanical properties.
Sustainability Initiatives:
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60%+ renewable content in biopolymer solutions
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Certified industrial & home compostable products
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Closed-loop recycling partnerships with global brands
Download FREE Sample Report: Global Biodegradable Packaging Materials Market – View in Detailed Research Report
9️⃣ 2. International Paper Company
