Eco-friendly Plastic Bags Market

Eco-friendly Plastic Bags are created using materials that will allow the bags to completely decompose after a period of time. They are also called biodegradable plastic bags, most of which are said to decompose in three years, although many completely disintegrate in less time. The bags leave no discernible trace and are completely harmless to the environment. Biodegradable plastic bags require two key elements in order to decompose. The bags need to be exposed to oxygen and light. Therefore, biodegradable plastic bags do not start to decompose from the date of manufacture, only after they have been exposed to light and air.

Eco-friendly Plastic Bags Market contains market size and forecasts of Eco-friendly Plastic Bags in global, including the following market information:

Global Eco-friendly Plastic Bags Market Revenue, 2017-2022, 2023-2028, ($ millions)

Global Eco-friendly Plastic Bags Market Sales, 2017-2022, 2023-2028, (K MT)

Global top five Eco-friendly Plastic Bags companies in 2021 (%)

The global Eco-friendly Plastic Bags market was valued at 1733.8 million in 2021 and is projected to reach US$ 2562.9 million by 2028, at a CAGR of 5.7% during the forecast period.

The U.S. Market is Estimated at $ Million in 2021, While China is Forecast to Reach $ Million by 2028.

Polylactic acid (PLA) Segment to Reach $ Million by 2028, with a % CAGR in next six years.

The global key manufacturers of Eco-friendly Plastic Bags include BioBag, Walki Plastiroll Oy, RKW Group, Jiangsu Torise biomaterials, JUNER Plastic packaging, Chnpack, Symphony Polymers, EnviGreen and XCBIO, etc. In 2021, the global top five players have a share approximately % in terms of revenue.

We surveyed the Eco-friendly Plastic Bags manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.

Total Market by Segment:

Global Eco-friendly Plastic Bags Market, by Type, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Eco-friendly Plastic Bags Market Segment Percentages, by Type, 2021 (%)

Polylactic acid (PLA)

Polyhydroxyalkanoate (PHA)

Starch Blends

Others

Global Eco-friendly Plastic Bags Market, by Application, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Eco-friendly Plastic Bags Market Segment Percentages, by Application, 2021 (%)

Food Packaging

Industrial Packaging

Convenient for Shopping

Garbage Containing

Others

Global Eco-friendly Plastic Bags Market, By Region and Country, 2017-2022, 2023-2028 ($ Millions) & (K MT)

Global Eco-friendly Plastic Bags Market Segment Percentages, By Region and Country, 2021 (%)

North America

US

Canada

Mexico

Europe

Germany

France

U.K.

Italy

Russia

Nordic Countries

Benelux

Rest of Europe

Asia

China

Japan

South Korea

Southeast Asia

India

Rest of Asia

South America

Brazil

Argentina

Rest of South America

Middle East & Africa

Turkey

Israel

Saudi Arabia

UAE

Rest of Middle East & Africa

Competitor Analysis

The report also provides analysis of leading market participants including:

Key companies Eco-friendly Plastic Bags revenues in global market, 2017-2022 (Estimated), ($ millions)

Key companies Eco-friendly Plastic Bags revenues share in global market, 2021 (%)

Key companies Eco-friendly Plastic Bags sales in global market, 2017-2022 (Estimated), (K MT)

Key companies Eco-friendly Plastic Bags sales share in global market, 2021 (%)

Further, the report presents profiles of competitors in the market, key players include:

BioBag

Walki Plastiroll Oy

RKW Group

Jiangsu Torise biomaterials

JUNER Plastic packaging

Chnpack

Symphony Polymers

EnviGreen

XCBIO

Polybags

BioPak

Scanlux Packaging