The compostable flexible packaging market is expected to grow from USD 1.41 billion in 2025 to USD 2.37 billion by 2034, at a CAGR of 5.9%. This market uses biodegradable materials such as PLA, PBAT, and PHA, with strong growth in North America, Europe, and Asia Pacific. The report includes detailed insights on market segments like bioplastics and key end-use industries such as food & beverage, pharmaceuticals, and industrial applications. It also covers regional performance and highlights the main trends driving market growth.
Compostable Flexible Packaging Market Players
Recent Developments
- In Febraury 2021, LPF Flexible Packaging B.V. ("LPF") was purchased by SÜDPACK from the Clondalkin Group. Situated in Grootegast, the Netherlands, the company is a top producer of films with high barriers for delicate items.
- In August 2022, US-based packaging company Sealed Air has acquired Irish packaging solutions company Foxpak Flexibles in an effort to expand its presence in Europe.
- In May 2023, TIPA Compostable Flexible Packaging announced the acquisition of Bio4Pack, the European pioneer in compostable flexible packaging solutions.
- In August 2023, Amcor, a global pioneer in creating and producing responsible packaging solutions, announced the acquisition of Phoenix Flexibles, increasing Amcor capacity in Indias high-growth sector.
- In November 2023, The Marine Biodegradable Plastic Identification and Labelling System, developed by the Japan BioPlastics Association (JBPA), has certified Mitsubishi Chemical Group (MCG Group)s plant-derived compostable polymer BioPBSTM as a marine biodegradable biomass plastic.
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