Global Biodegradable Packaging Film Market Poised for Strong Growth Amid Rising Sustainability Demands

The global Biodegradable Packaging Film Market is experiencing rapid growth, driven by increasing environmental concerns and regulatory initiatives promoting sustainable packaging solutions. According to the latest market research, the market was valued at USD 3.2 billion in 2022 and is projected to reach USD 7.9 billion by 2030, expanding at a CAGR of 11.8% during the forecast period (2023–2030).
Biodegradable packaging films, made from renewable resources such as starch, cellulose, polylactic acid (PLA), and polyhydroxyalkanoates (PHA), are becoming a preferred alternative to conventional plastics. They provide excellent packaging performance while minimizing environmental impact, making them highly sought after across food & beverage, healthcare, personal care, and e-commerce industries.
Key Market Drivers
Growing Environmental Awareness
Consumers are increasingly aware of plastic pollution and its long-term impact on ecosystems. This shift in consumer preference is fueling demand for biodegradable packaging films that offer eco-friendly and compostable solutions without compromising on functionality.
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