Biodegradable Bags Market Report 2024 (Global Edition)

Global Biodegradable Bags Market Report 2024 Market Size Split by Polymer Type (Natural (Starch, Cellulose, PLA, PCL, Polyhydroxyalkanoates and Others), Synthetic (Aliphatic Polyesters, PVOH, Polyviny...

Biodegradable Bags Market Report Description

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Biodegradable Bags Market Insights Video

Competitive Landscape of the Biodegradable Bag Market

The biodegradable bag market is highly competitive, with key players focusing on innovation and expanding their product offerings to meet the rising demand for sustainable solutions. These companies leverage advanced technologies to improve the quality and cost-effectiveness of biodegradable bags. Partnerships, mergers, and acquisitions are common strategies to enhance market presence. Additionally, smaller firms are entering the market, further intensifying competition and driving innovation in eco-friendly packaging solutions.

In September 2022, BIOLO launched the first home compostable bags made from a revolutionary plant-based plastic alternative known as polyhydroxyalkanoate (PHA). BIOLO's bags break down in various bioactive settings without leaving harmful residues or microplastics. This innovation aims to address the growing plastic waste crisis by providing sustainable packaging solutions that perform comparably to traditional plastics while supporting businesses in their sustainability goals across multiple industries, including e-commerce and food service. (Source: https://biolo.com/blogs/news/biolo-is-first-to-market-with-home-compostable-bags-made-from-revolutionary-new-plastic-alternative?srsltid=AfmBOoqikNp1iKp-RRXizUT1T4ss5_x7kjEiwxJJtMKobUsjnr_mNR6j) In March 2023, with the help of ABB India - a leading manufacturer and supplier of pulp and paper machinery - Parason automated and increased the production of biodegradable packaging options. Through this partnership, Parason hopes to decrease the usage of single-use plastics and Styrofoam packaging usage among its clients, including those in the food service and hospitality sectors, travel, transportation, and industrial canteens. (Source: https://new.abb.com/news/detail/101161/abb-and-parason-collaborate-to-scale-up-sustainable-packaging-in-india)

Top Companies Market Share in Biodegradable Bags Industry: (In no particular order of Rank)

• Mondi
• Sphere Group
• Vegware Global
• VICTOR Güthoff & Partner GmbH
• Cedo Ltd.
• BioBag International AS
• PLAST-UP
• Polybags Ltd
• Clondalkin Group Holdings B.V.
• Plastiroll Oy Ltd
• The Biodegradable Bag Company Ltd
• QuickPack Haushalt + Hygiene GmbH
• The Compost Bag Company
• SIMPAC
• TERDEX GmbH
• Confidential Data
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• Data Hidden

*List of Second Tier Companies, List of Third Tier/ Start-up Companies (Inquire with sales executive) Request Any Company Profile for Preview Purpose OR Data Validation!

If any Company(ies) of your interest has/have not been disclosed in the above list then please let us know the same so that we will check the data availability in our database and provide you the confirmation or include it in the final deliverables.

Regional Analysis of the Biodegradable Bag Market

Which Region Dominates the Biodegradable Bag Market in 2024?

According to Cognitive Market Research, North America currently dominates the Biodegradable Bags market, and the region is expected to have significant growth during the projected period due to stringent environmental regulations, bans on single-use plastics, and growing consumer awareness about sustainability.

Which Region is Expanding at the Fastest CAGR?

Asia-Pacific is expected to make significant gains during the projected period, with the greatest compound annual growth rate (CAGR) due to increasing environmental awareness, government regulations against plastic usage, and rising demand for sustainable packaging solutions.

The current report Scope analyzes Biodegradable Bags Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com

• North America (United States, Canada, Mexico)
• Europe (United Kingdom, France, Germany, Italy, Russia, Spain, Sweden, Denmark, Netherlands, Switzerland, Belgium)
• Asia-Pacific (China, Japan, Korea, India, Australia, Philippines, Singapore, Malaysia, Thailand, Indonesia, Rest of APAC)
• South America (Brazil, Argentina, Colombia, Peru, Chile, Rest of South America)
• Middle East and Africa (Saudi Arabia, Turkey, Nigeria, UAE, Egypt, South Africa, GCC Countries, Rest of MEA)

The above graph is for illustrative purposes only.

North America Biodegradable Bags

According to Cognitive Market Research, the global Biodegradable Bag market size was estimated at USD 2142.5 Million, out of which North America held the major market share of more than 40% of the global revenue with a market size of USD 857.00 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.2% from 2024 to 2031.

• According to Cognitive Market Research, the US had a major share in the Biodegradable Bag market with a market size of USD 676.17 million in 2024 and is projected to grow at a CAGR of 5.0% during the forecast period due to the stringent government regulations aimed at reducing plastic waste.
• The Canada Biodegradable Bag market had a market share of USD 102.84 million in 2024 and is projected to grow at a CAGR of 6.0% during the forecast period due to government regulations promoting the use of eco-friendly packaging solutions.
• The Mexico Biodegradable Bag market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 77.99 million in 2024.

Europe Biodegradable Bags

According to Cognitive Market Research, the global Biodegradable Bag market size was estimated at USD 2142.5 Million, out of which Europe held the market share of more than 30% of the global revenue with a market size of USD 642.75 million in 2024 and will grow at a compound annual growth rate (CAGR) of 5.5% from 2024 to 2031.

• The United Kingdom Biodegradable Bag market had a market share of USD 107.98 million in 2024 and is projected to grow at a CAGR of 6.3% during the forecast period. In the UK, Biodegradable Bag sales witness an upswing due to the increasing consumer awareness of sustainability.
• The France Biodegradable Bag market is projected to witness growth at a CAGR of 4.7% during the forecast period, with a market size of USD 59.13 million in 2024.
• According to Cognitive Market Research, the German Biodegradable Bag market size was valued at USD 127.26 million in 2024 and is projected to grow at a CAGR of 5.7% during the forecast period. In Germany, Biodegradable bags surged due to a growing demand for eco-friendly packaging solutions to reduce plastic waste.
• The Italy Biodegradable Bag market is projected to witness growth at a CAGR of 4.9% during the forecast period, with a market size of USD 55.28 million in 2024.
• The Russia Biodegradable Bag market is projected to witness growth at a CAGR of 4.5% during the forecast period, with a market size of USD 99.63 million in 2024.
• The Spain Biodegradable Bag market is projected to witness growth at a CAGR of 4.6% during the forecast period with a market size of USD 52.71 million in 2024
• The Luxembourg Biodegradable Bag market is projected to witness growth at a CAGR of 5.6% during the forecast period, with a market size of USD 19.93 million in 2024.
• The Portugal Biodegradable Bag market is projected to witness growth at a CAGR of 5.3% during the forecast period, with a market size of USD 13.50 million in 2024.
• The Greece Biodegradable Bag market is projected to witness growth at a CAGR of 5.8% during the forecast period, with a market size of USD 7.71 million in 2024.
• The Rest of Europe's Biodegradable Bag market is projected to witness growth at a CAGR of 4.2% during the forecast period, with a market size of USD 99.63 million in 2024.

Asia Pacific Biodegradable Bags

According to Cognitive Market Research, the global Biodegradable Bag market size was estimated at USD 2142.5 Million, out of which Asia Pacific held the market share of around 23% of the global revenue with a market size of USD 492.78 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.0% from 2024 to 2031.

• According to Cognitive Market Research, the China Biodegradable Bag market size was valued at USD 221.75 million in 2024 and is projected to grow at a CAGR of 8.5% during the forecast period. Biodegradable Bags surged in China due to stringent government regulations against single-use plastics.
• The Japan Biodegradable Bag market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 68.00 million in 2024.
• The India Biodegradable Bag market had a market share of USD 59.13 million in 2024 and is projected to grow at a CAGR of 10.8% during the forecast period due to the increasing government regulations against single-use plastics.
• The South Korean Biodegradable Bag market is projected to witness growth at a CAGR of 8.1% during the forecast period, with a market size of USD 49.28 million in 2024.
• The Australian Biodegradable Bag market is projected to witness growth at a CAGR of 8.7% during the forecast period, with a market size of USD 25.62 million in 2024.
• The South East Asia Biodegradable Bag market is projected to witness growth at a CAGR of 10.0% during the forecast period, with a market size of USD 34.00 million in 2024.
• The Rest of Asia Pacific Biodegradable Bag market is projected to witness growth at a CAGR of 8.8% during the forecast period, with a market size of USD 34.99 million in 2024.

South America Biodegradable Bags

According to Cognitive Market Research, the global Biodegradable Bag market size was estimated at USD 2142.5 Million, out of which the Latin America held the market share of around 5% of the global revenue with a market size of USD 107.13 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.4% from 2024 to 2031.

• According to Cognitive Market Research, the Brazil Biodegradable Bag market size was valued at USD 45.85 million in 2024 and is projected to grow at a CAGR of 7.0% during the forecast period. Biodegradable Bags flourished in Brazil due to the growing consumer awareness about environmental sustainability.
• Argentina's Biodegradable Bag market had a market share of USD 18.00 million in 2024 and is projected to grow at a CAGR of 7.3% during the forecast period due to the increasing environmental awareness .
• Colombia Biodegradable Bag market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 9.53 million in 2024.
• Peru Biodegradable Bag market is projected to witness growth at a CAGR of 6.6% during the forecast period, with a market size of USD 8.78 million in 2024.
• Chile Biodegradable Bag market is projected to witness growth at a CAGR of 6.7% during the forecast period, with a market size of USD 7.71 million in 2024.
• The Rest of Latin America's Biodegradable Bag market is projected to witness growth at a CAGR of 5.5% during the forecast period, with a market size of USD 17.25 million in 2024.

Middle East and Africa Biodegradable Bags

According to Cognitive Market Research, the global Biodegradable Bag market size was estimated at USD 2142.5 Million, out of which the Middle East and Africa held the major market share of around 2% of the global revenue with a market size of USD 42.85 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.7% from 2024 to 2031..

• The GCC Countries Biodegradable Bag market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 18.34 million in 2024. Biodegradable Bag sales flourish due to the rising consumer demand for sustainable packaging solutions.
• The Egypt Biodegradable Bag market is projected to witness growth at a CAGR of 7.5% during the forecast period, with a market size of USD 4.50 million in 2024.
• The South Africa Biodegradable Bag market is projected to witness growth at a CAGR of 7.7% during the forecast period, with a market size of USD 6.77 million in 2024. Biodegradable Bag sales flourished in South Africa due to the rising consumer awareness about environmental sustainability.
• The Turkey Biodegradable Bag market is projected to witness growth at a CAGR of 6.2% during the forecast period, with a market size of USD 3.69 million in 2024.
• The Nigeria Biodegradable Bag market is projected to witness growth at a CAGR of 5.8% during the forecast period, with a market size of USD 4.50 million in 2024.
• The Rest of the MEA Biodegradable Bag market is projected to witness growth at a CAGR of 5.7% during the forecast period, with a market size of USD 5.06 million in 2024.

Biodegradable Bags Market Analysis

How are Segments Performing in the Global Biodegradable Bag Market?

Biodegradable Bag Market Polymer Type Segment Analysis

According to Cognitive Market Research, natural polymers are likely to dominate the Biodegradable Bag Market over the forecast period due to their eco-friendly properties and ability to decompose efficiently in various environments. These materials offer superior performance in terms of sustainability, biodegradability, and consumer acceptance, making them the preferred choice for manufacturers focused on green packaging solutions.

The natural polymer is the fastest-growing segment in the Biodegradable Bag Market due to its renewable sourcing and superior biodegradability. As consumers increasingly demand eco-friendly products, manufacturers are focusing on developing innovative bags using natural polymers, which offer sustainable alternatives to traditional plastic bags.

The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Biodegradable Bags Industry. Request a Free Sample PDF!

Biodegradable Bag Market Thickness Segment Analysis

According to Cognitive Market Research, the <51-99.9 Micron segment holds the largest share of the market due to its optimal balance between durability and flexibility. This thickness ensures sufficient strength for carrying goods while remaining lightweight, making it suitable for various applications, including retail and food packaging, where consumer demand for sustainable yet functional solutions is high.

In the Biodegradable Bag Market, the <50 Microns sector has been expanding at a rapid pace due to their lightweight nature and lower material costs, making them ideal for various applications, including retail and food packaging. Their compliance with regulations limiting single-use plastics further fuels demand, appealing to environmentally conscious consumers and businesses seeking sustainable solutions.

The above Graph is for representation purposes only. This chart does not depict actual Market share.

Biodegradable Bags End User Segment Analysis

Biodegradable Bag Market End User Segment Analysis

According to Cognitive Market Research, the food & beverage segment dominates the market due to rising consumer demand for sustainable packaging solutions. Many companies are adopting biodegradable bags for food packaging to meet environmental regulations and consumer preferences, reducing plastic waste while enhancing brand image and attracting eco-conscious customers.

Personal care & cosmetics is projected to be the fastest-growing segment in the Biodegradable Bag market due to increasing consumer awareness of sustainability. Brands are shifting towards eco-friendly packaging to appeal to environmentally conscious consumers, driving demand for biodegradable bags in product packaging, sampling, and promotional materials, thereby enhancing brand image and loyalty.

• Food & Beverage (Fruits & Vegetable
• Bakery
• Dairy
• Confectionary
• Poultry and Others)
• Medical & Healthcare (Pharmacy
• Sterilization
• Transfer and Others)
• Personal Care & Cosmetics (Body Care
• Face Care
• Eye Care
• Nail Care and Others)
• Electrical and Electronics (Laptops
• Computers
• Mobile Phones
• Television
• and Others) Agriculture (Fertilizers
• Pesticides
• and Others)
• Chemicals (Powder and Liquids)
• and Others

Author's Detail

Sneha Mali

Research Analyst at Cognitive Market Research

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I am a research analyst working in the Transport & Logistics domain, and my primary responsibility is to conduct thorough research on various subjects and provide valuable insights to support client requirements. I have knowledge of research methodologies, and data mining which enables me to analyze large data sets, draw meaningful conclusions, and communicate them effectively. I stay up-to-date with the latest research trends, methodologies, and technologies to ensure that my research is accurate, relevant, and impactful.

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