Global and United States Eco-friendly Plastic Bags Market Report & Forecast 2022-2028

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.
Market Analysis and Insights: Global and United States Eco-friendly Plastic Bags Market
This report focuses on global and United States Eco-friendly Plastic Bags market, also covers the segmentation data of other regions in regional level and county level.
Due to the COVID-19 pandemic, the global Eco-friendly Plastic Bags market size is estimated to be worth US$ 1794.7 million in 2022 and is forecast to a readjusted size of US$ 2545.8 million by 2028 with a CAGR of 6.0% during the review period. Fully considering the economic change by this health crisis, by Type, Polylactic acid (PLA) accounting for % of the Eco-friendly Plastic Bags global market in 2021, is projected to value US$ million by 2028, growing at a revised % CAGR in the post-COVID-19 period. While by Application, Food Packaging was the leading segment, accounting for over percent market share in 2021, and altered to an % CAGR throughout this forecast period.
Global Eco-friendly Plastic Bags key players include BioBag, Walki Plastiroll Oy, RKW Group, Jiangsu Torise biomaterials, JUNER Plastic packaging, etc. Global top five manufacturers hold a share over 10%.
Europe is the largest market, with a share about 55%, followed by North America and China, both have a share about 30 percent.
In terms of product, Starch Blends is the largest segment, with a share over 45%. And in terms of application, the largest application is Convenient for Shopping, followed by Food Packaging.
Global Eco-friendly Plastic Bags Scope and Market Size
Eco-friendly Plastic Bags market is segmented by region (country), players, by Type and by Application. Players, stakeholders, and other participants in the global Eco-friendly Plastic Bags market will be able to gain the upper hand as they use the report as a powerful resource. The segmental analysis focuses on revenue and forecast by region (country), by Type and by Application for the period 2017-2028.
For United States market, this report focuses on the Eco-friendly Plastic Bags market size by players, by Type and by Application, for the period 2017-2028. The key players include the global and local players, which play important roles in United States.
Segment by Type
Polylactic acid (PLA)
Polyhydroxyalkanoate (PHA)
Starch Blends
Others
Segment by Application
Food Packaging
Industrial Packaging
Convenient for Shopping
Garbage Containing
Others
By Region
North America
United States
Canada
Europe
Germany
France
U.K.
Italy
Russia
Asia-Pacific
China
Japan
South Korea
India
Australia
China Taiwan
Indonesia
Thailand
Malaysia
Latin America
Mexico
Brazil
Argentina
Middle East & Africa
Turkey
Saudi Arabia
UAE
By Company
BioBag
Walki Plastiroll Oy
RKW Group
Jiangsu Torise biomaterials
JUNER Plastic packaging
Chnpack
Symphony Polymers
EnviGreen
XCBIO
Polybags
BioPak
Scanlux Packaging

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