Biodegradable Paper and Plastic Packaging Companies, Corporate Milestones, Corporate Growth and Development Strategy

Biodegradable Paper and Plastic Packaging Companies and Competitive Landscape

The global biodegradable paper and plastic packaging market size reached US$ 15.43 billion in 2024 and is projected to hit around US$ 40.75 billion by 2034, expanding at a CAGR of 10.20% during the forecast period from 2025 to 2034.

Biodegradable Paper and Plastic Packaging Market Key Players

• Riverside Paper Co. Inc.
• SmartSolve Industries
• Özsoy Plastik
• Ultra Green Sustainable Packaging
• Hosgör Plastik
• Eurocell S.r.l
• Tetra Pak International SA
• Kruger Inc.
• Amcor PLC
• Mondi

US Import Data: Biodegradable Paper and Plastic Packaging Solutions including Bags, Boxes, and Tableware

Latest Announcements by Biodegradable Paper and Plastic Packaging Industry Leaders

• In September 2024, Pakka company's India Business Head, Jagdeep Hira, stated that the Pakka company have been working toward company’s vision to make the earth cleaner for more than four decades. Pakka company’s expanded the product line last year after partnering with a brand to introduce compostable flexible packaging, so it was only a logical next step. The food business has a large demand for flexible packaging. The Pakka company is making sure that the company provide a range of biodegradable packaging options to both consumers and companies with new products. This will not only help with flexible packaging, but it will also help cut down on packaging waste.

New Advancements in Biodegradable Paper and Plastic Packaging Industry

• In November 2024, ABB Group, packaging solutions providing company, has been initiated a series of industry papers that showcase innovation in pulp and paper as part of its global Real Progress sustainability program for the process industries. Every study in the three-part series will specifically address the ways in which the industry is changing to prepare for a more sustainable future. With technology leadership in electrification and automation, the papers highlight the influence of customers in the value chain and how they are facilitating a more sustainable and resource-efficient future, acknowledging the tremendous progress that has already been done.
• In January 2024, SEE (Sealed Air Corporation) has created the first biobased, global packaging solutions provider, industrial compostable tray for protein packaging that has been successfully tested to satisfy the requirements of current food processing equipment as part of its ongoing efforts to create packaging materials that satisfy its clients' sustainability goals. The USDA-certified biobased, food-contact grade resin used to make SEE's new CRYOVAC brand biodegradable overwrap tray has a 54% biobased content and is chemically generated from sustainable wood cellulose. The tray was developed as an alternative to those constructed of expanded polystyrene (EPS), which are typically used to package fresh chicken and red meat for customer purchase but are neither recyclable nor biodegradable. It will decompose into organic material without leaving any harmful residue behind.
• In March 2024, Donovan Bros. Ltd. unveiled their newest line of biodegradable and environmentally friendly food packaging options. Donovan Bros Ltd, a Kent-based company, is making great progress in lowering the food industry's carbon footprint by providing creative and environmentally friendly packaging options without sacrificing usefulness or quality. For a long time, the food business has used materials like plastic and Styrofoam for packaging, which greatly increases waste and pollution in the world. According to the Environmental Protection Agency (EPA), around 82.2 million tons of municipal solid trash were made up of containers and packaging in 2018 alone.