The Global Compostable Plastic Packaging Material Market was valued at USD 1.2 Billion in 2024 and is projected to reach USD 2.8 Billion by 2030, growing at a Compound Annual Growth Rate (CAGR) of 13.5% during the forecast period (2024–2030). This robust growth is propelled by escalating regulatory pressure on single-use plastics, heightened consumer demand for sustainable packaging, and significant advancements in biopolymer technology across food service, consumer goods, and e-commerce sectors.

As the packaging industry pivots decisively toward circular economy models, the focus intensifies on the material innovators and manufacturers at the forefront of this transformation. In this blog, we profile the Top 10 Companies in the Compostable Plastic Packaging Material Industry—a dynamic group of chemical giants, bio-plastic specialists, and packaging converters shaping a sustainable future for global packaging.

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🔟 1. BASF SE

Headquarters: Ludwigshafen, Germany
Key Offering: ecovio® certified compostable polymers

BASF is a global chemical leader and a major force in the compostable plastics market with its ecovio® portfolio. These patented, certified compostable bioplastics are designed for applications like organic waste bags, flexible packaging films, and food service products, breaking down into water, CO₂, and biomass in industrial composting facilities.

Sustainability Initiatives:

• ecovio® is partially derived from renewable raw materials

• Active in developing solutions for chemical recycling of plastics

• Commitment to carbon-neutral growth until 2030

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9️⃣ 2. NatureWorks LLC

Headquarters: Minnetonka, Minnesota, USA
Key Offering: Ingeo™ PLA (Polylactic Acid) biopolymers

NatureWorks is one of the world’s leading producers of PLA, a versatile biopolymer made from renewable plant sugars. Ingeo™ biomaterials are used in a wide array of compostable packaging applications, including foodservice ware, tea bags, and flexible films, offering performance comparable to conventional plastics.

Sustainability Initiatives:

• Feedstock sourced from sustainably grown sugarcane and corn

• Producing Ingeo™ with a significantly lower carbon footprint than traditional plastics

• Expanding global production capacity to meet rising demand

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8️⃣ 3. Novamont S.p.A.

Headquarters: Novara, Italy
Key Offering: Mater-Bi® family of compostable bioplastics

Novamont is a pioneer in the bioplastics sector, renowned for its Mater-Bi® technology. These innovative materials are biodegradable and compostable, designed for products like carrier bags, food packaging, and agriculture mulch films, integrating seamlessly into organic waste streams.

Sustainability Initiatives:

• Deep integration with the Italian bioplastics district, promoting a circular bioeconomy

• Focus on developing solutions that regenerate natural systems

• Partnerships with municipalities to improve organic waste collection

Download FREE Sample Report: Compostable Plastic Packaging Material Market – View in Detailed Research Report

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7️⃣ 4. TotalEnergies Corbion

Headquarters: Gorinchem, Netherlands
Key Offering: Luminy® PLA resins

A joint venture between TotalEnergies and Corbion, this company is a global leader in PLA technology. Luminy® PLA resins are used to produce high-performance, compostable packaging for fresh food, beverages, and rigid containers, offering clarity and stiffness.

Sustainability Initiatives:

• World’s first commercially viable PLA biorefinery with a capacity of 75,000 tons annually

• PLA production process uses significantly less fossil energy than conventional plastics

• Focus on creating durable and recyclable bioplastic solutions

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6️⃣ 5. Danimer Scientific, Inc.

Headquarters: Bainbridge, Georgia, USA
Key Offering: Nodax® PHA (Polyhydroxyalkanoates)

Danimer Scientific is a leading developer and manufacturer of PHA, a biopolymer produced by microorganisms that is both bio-based and biodegradable in various environments, including oceans and soil. Nodax® PHA is used in applications from flexible packaging to coatings.

Sustainability Initiatives:

• PHA is certified as marine biodegradable

• Production utilizes plant-based oils as feedstock

• Expanding manufacturing scale to drive down costs and increase accessibility

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5️⃣ 6. FKuR Kunststoff GmbH

Headquarters: Willich, Germany
Key Offering: Bio-Flex® and Biograde® compostable compounds

FKuR specializes in producing high-quality bioplastics, including a wide range of compostable compounds. Its Bio-Flex® and Biograde® brands are used for film applications, injection molding, and blow molding, serving the packaging and disposable goods industries.

Sustainability Initiatives:

• Offers blends of PLA, PBAT, and starch for optimized performance and compostability

• Committed to developing tailor-made solutions for specific customer needs

• Active member of European Bioplastics association, promoting industry standards

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4️⃣ 7. Mitsubishi Chemical Group

Headquarters: Tokyo, Japan
Key Offering: BioPBS™ (Polybutylene Succinate)

Mitsubishi Chemical is a major global chemical company with a strong presence in bioplastics through its BioPBS™ product. This compostable polymer is derived from succinic acid and 1,4-butanediol, offering flexibility and heat resistance for films and molded products.

Sustainability Initiatives:

• BioPBS™ is certified compostable and biodegradable in soil and marine environments

• Investing in bio-based feedstock development

• Part of the group’s “KAITEKI” vision for a sustainable society

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3️⃣ 8. Plantic Technologies Ltd.

Headquarters: Melbourne, Australia
Key Offering: Starch-based and barrier packaging materials

Plantic Technologies specializes in high-performance, compostable packaging materials derived from renewable corn and tapioca starch. Its products include rigid trays and flexible films with excellent barrier properties for food packaging, particularly for sensitive products like chocolates and snacks.

Sustainability Initiatives:

• Materials are home compostable, breaking down in backyard compost bins

• Focus on reducing food waste through advanced barrier technology

• Utilizes non-GMO, sustainably sourced starches

Download FREE Sample Report: Compostable Plastic Packaging Material Market – View in Detailed Research Report

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2️⃣ 9. TIPA Corp.

Headquarters: Hod Hasharon, Israel
Key Offering: Fully compostable flexible packaging

TIPA Corp. is a leading provider of compostable flexible packaging solutions that mimic the durability and barrier properties of conventional plastic films. Its packaging is designed for the food and fashion industries, breaking down within months in composting conditions.

Sustainability Initiatives:

• Packaging is certified for industrial and home composting

• Mission to offer a viable end-of-life solution for flexible packaging, which is notoriously hard to recycle

• Partners with global brands to replace conventional plastic packaging

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1️⃣ 10. Amcor plc

Headquarters: Zurich, Switzerland
Key Offering: Amcor Earth+ portfolio of recyclable and compostable packaging

Amcor, a global packaging giant, integrates compostable materials into its extensive portfolio through its sustainability-focused Earth+ range. The company works with brand owners to develop packaging solutions that leverage PLA and other compostable polymers for a variety of applications.

Sustainability Initiatives:

• Committed to developing all packaging as recyclable, reusable, or compostable by 2025

• Investing in R&D for advanced compostable material structures

• Large-scale converter driving demand for certified compostable resins

Get Full Report Here: Compostable Plastic Packaging Material Market – View in Detailed Research Report

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🌍 Outlook: The Future of Packaging is Circular and Compostable

The compostable plastic packaging market is at a pivotal inflection point. While conventional plastics still dominate, the industry is channeling billions in R&D, infrastructure, and strategic partnerships into bio-based and compostable alternatives that align with a circular economy.

📈 Key Trends Shaping the Market:

• Implementation of Extended Producer Responsibility (EPR) regulations globally, incentivizing sustainable packaging

• Rising consumer awareness and brand commitments to reduce plastic waste

• Technological advancements improving the performance and cost-competitiveness of compostable materials

• Expansion of industrial composting infrastructure to manage end-of-life for compostable packaging

Get Full Report Here: Compostable Plastic Packaging Material Market – View in Detailed Research Report

The companies listed above are not just supplying materials; they are actively constructing the sustainable packaging ecosystems of tomorrow, ensuring that convenience no longer comes at the expense of our planet.

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