North America Biodegradable Paper & Plastic Packaging Market, By Type (Plastic, Paper), By Country – (United States and Canada), By Application (Biodegradable Paper, Plastic Packaging Market (Pharmaceuticals packaging, Beverage packaging, Food Packaging, Home care packaging, Electronic Appliance packaging, and others) - Industry Analysis, Share, Size, Trends, Growth, and Forecasts (2024 to 2029)

Updated On: June, 2024
ID: 7652
Pages: 145

North America Biodegradable Paper & Plastic Packaging Market Size (2024-2029)

North America Biodegradable Paper & Plastic Packaging Market size was about USD 4.18 Billion in 2024. It is expected to rise at a CAGR of 14.78% to develop to around USD 8.32 Billion by 2029.

The ecological concern is an essential factor contributing to market development. The biodegradable materials effortlessly degrade, and subsequently, the odds of the earth getting contaminated are less. Significant packaging enterprises are expanding the utilization of biodegradable packaging, keeping in mind the end goal is to develop eco-friendly solutions as well as to retain consumer loyalty. Numerous makers have shifted their concentration from customary packaging strategies to biodegradable packaging. The food packaging and beverage packaging industry assume an indispensable part in driving the worldwide biodegradable paper and plastic market. Biodegradable plastics are utilized on an expansive scale in the materials, pharmaceuticals, and consumer merchandise industries.

Market Segmentation

North America Biodegradable Paper & Plastic Packaging Market By Application

  • Beverage packaging

  • Personal and home care packaging

  • Electronic appliance packaging

  • Food packaging

  • Pharmaceuticals packaging

  • Others.

North America Biodegradable Paper & Plastic Packaging Market By Type

  • Two materials - paper

  • Plastic.

North America Biodegradable Paper & Plastic Packaging Market By Region

  • United States

  • Canada.

The market in this region is expected to grow at a steady state and has a large market share because of various measures taken by the law-making authorities to implement eco-friendly environmental conditions.

North America Biodegradable Paper & Plastic Packaging Market Key Players

  1. Ranpak Corp
  2. Rocktenn

  3. BASF

  4. Mondi Group

  5. Biopac UK Ltd

  6. Reynolds Group Holding Limited

  7. Novamont SPA

  8. Amcor

  9. Stora Enso

  10. Kruger Inc

  11. Rocktenn

  12. Smurfit Kappa Group International Corp

  13. Smurfit Kappa Group

  14. Clearwater Paper Corporation

  15. Berkley International Packaging.

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