Africa Biodegradable Polymers Market (2024-2030) | Forecast, Value, Industry, Size, Revenue, Outlook, Growth, Trends, Analysis, Share & Companies
Market Forecast by Countries (South Africa, Nigeria, Kenya, Rest of Africa), By Type (PLA, Starch, PBS, PHA), By Substrate (Paper & Paperboard, Cellulose Films), By Application (Rigid Packaging, Flexible Packaging, Liquid Packaging) And Competitive Landscape
| Product Code: ETC4603677 | Publication Date: Jul 2023 | Updated Date: Mar 2024 | Product Type: Report | |
| Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Africa Biodegradable Polymers Market Highlights
| Report Name | Africa Biodegradable Polymers Market |
| Forecast period | 2024-2030 |
| CAGR | 10.2% |
| Growing Sector | Packaging |
Topics Covered in the Africa Biodegradable Polymers Market Report
Africa Biodegradable Polymers Market report thoroughly covers the market By Countries, By Type, By Substrate, and By Application. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Africa Biodegradable Polymers Market Size
The Africa Biodegradable Polymers Market is growing as a result of increasing environmental awareness and the shift towards sustainable materials. In 2024, the market is estimated to be valued at around USD 200-250 million, driven by rising demand in packaging, agriculture, and consumer goods. The market is expected to expand at a CAGR of 10.2%, potentially reaching USD 350-450 million by 2030, as more industries adopt biodegradable polymers to reduce plastic waste and meet regulatory standards.
Africa Biodegradable Polymers Market Synopsis
Africa Biodegradable Polymers Market is set to witness an upsurge, driven by rising environmental concerns and government policies favoring sustainable materials. The Africa Biodegradable Polymers Market Growth reflects the region's burgeoning awareness towards reducing plastic pollution and its harmful impacts on both terrestrial and aquatic ecosystems. In general, biodegradable polymers, derived from renewable resources, present a promising solution to these challenges, offering materials that can break down naturally without leaving harmful residues. The increasing demand in packaging, agriculture, and healthcare sectors, where disposable products are prevalent, highlights the potential for biodegradable polymers in Africa.
According to 6Wresearch, the Africa Biodegradable Polymers Market size is projected to reach a CAGR of 10.2% during the forecast period of 2024-2030. The key factors proliferating this growth includes rising awareness and firm strategies with respect to the utilization of manageable and eco-accommodating materials, driven by the rising natural concerns over plastic contamination. Also, the flood sought after from different applications including bundling, agribusiness, and materials, filled by the extending economy and populace development, further catalyzes market growth to a major extent. However, the market faces challenges such as high product costs compared to conventional polymers and a lack of infrastructure for composting and recycling, which impedes its adoption. Nonetheless, there are several emerging opportunities in innovation and technological advancements that could potentially lower production costs and improve composting facilities, making biodegradable polymers a viable alternative in the region. The trend towards sustainability, coupled with supportive government policies, positions the Africa biodegradable polymers market for continued growth and diversification.
Government policies and schemes introduced in the Africa Biodegradable Polymers Market Â
The government has introduced various policies and schemes in African countries to promote sustainable development and environmental protection. The main aim of these policies is to reduce plastic waste and encouraging the use of biodegradable polymers. For instance, governments have introduced bans on single-use plastic bags and have provided incentives for businesses to shift towards biodegradable alternatives. Additionally, grants and subsidies are being offered to support research and development in biodegradable polymer technology, with the goal of fostering innovation and reducing dependency on traditional plastics. Furthermore, some countries of Africa have implemented extended producer responsibility (EPR) regulations, which require manufacturers to take responsibility for the end-of-life disposal of their products.
Key Players in the Africa Biodegradable Polymers Market
The Africa biodegradable polymers market comprises local start-ups and international companies which are striving to meet the growing demand for sustainable materials. Major players include BioBag International AS, Novamont S.p.A, and BASF SE, which are working closely with local businesses and governments to expand their footprint in this emerging market.
Future Insights of the Africa Biodegradable Polymers Market
Africa biodegradable polymers market is poised for significant development, propelled by strict environmental regulations, an increasing awareness of sustainability issues, and advancements in biopolymer technology. The Africa Biodegradable Polymers Industry is expected to witness a rise in demand for packaging solutions, agricultural films, and disposable consumer goods made from biodegradable polymers. Additionally, innovations in biopolymer production, such as the development of bio-based feedstocks and improvement in polymer properties, are projected to lower costs and enhance the performance of biodegradable products, further accelerating Africa Biodegradable Polymers Market Growth.
Market by Substrate
According to Ravi Bhandari, Research Head, 6Wresearch, the Cellulose Films segment is expected to dominate the Africa Biodegradable Polymers Market Share in the coming years due to its superior properties, such as biodegradability, compostability, and the ability to act as a barrier to oxygen, oils, and greases.
Market by Application
By Application, the Flexible Packaging is gaining popularity during the forecast period due to its versatile uses in various industries, including food, pharmaceuticals, and consumer goods, coupled with its cost-effectiveness, and reduced environmental impact compared to rigid packaging.
Key Attractiveness of the Report
10 Years Market Numbers.
- Historical Data Starting from 2020 to 2023.
- Base Year: 2023.
- Forecast Data until 2030.
- Key Performance Indicators Impacting the Market.
- Major Upcoming Developments and Projects.
Key Highlights of the Report
- Africa Biodegradable Polymers Market Outlook
- Market Size of Africa Biodegradable Polymers Market, 2023
- Forecast of Africa Biodegradable Polymers Market, 2030
- Historical Data and Forecast of Africa Biodegradable Polymers Revenues & Volume for the Period 2020 - 2030
- Africa Biodegradable Polymers Market Trend Evolution
- Africa Biodegradable Polymers Market Drivers and Challenges
- Africa Biodegradable Polymers Price Trends
- Africa Biodegradable Polymers Porter's Five Forces
- Africa Biodegradable Polymers Industry Life Cycle
- Historical Data and Forecast of Africa Biodegradable Polymers Market Revenues & Volume By Type for the Period 2020 - 2030
- Historical Data and Forecast of Africa Biodegradable Polymers Market Revenues & Volume By PLA for the Period 2020 - 2030
- Historical Data and Forecast of Africa Biodegradable Polymers Market Revenues & Volume By Starch for the Period 2020 - 2030
- Historical Data and Forecast of Africa Biodegradable Polymers Market Revenues & Volume By PBS for the Period 2020 - 2030
- Historical Data and Forecast of Africa Biodegradable Polymers Market Revenues & Volume By PHA for the Period 2020 - 2030
- Historical Data and Forecast of South Africa Biodegradable Polymers Market Revenues & Volume By Type for the Period 2020 - 2030
- Historical Data and Forecast of South Africa Biodegradable Polymers Market Revenues & Volume By PLA for the Period 2020 - 2030
- Historical Data and Forecast of South Africa Biodegradable Polymers Market Revenues & Volume By Starch for the Period 2020 - 2030
- Historical Data and Forecast of South Africa Biodegradable Polymers Market Revenues & Volume By PBS for the Period 2020 - 2030
- Historical Data and Forecast of South Africa Biodegradable Polymers Market Revenues & Volume By PHA for the Period 2020 - 2030
- Historical Data and Forecast of Nigeria Biodegradable Polymers Market Revenues & Volume By Type for the Period 2020 - 2030
- Historical Data and Forecast of Nigeria Biodegradable Polymers Market Revenues & Volume By PLA for the Period 2020 - 2030
- Historical Data and Forecast of Nigeria Biodegradable Polymers Market Revenues & Volume By Starch for the Period 2020 - 2030
- Historical Data and Forecast of Nigeria Biodegradable Polymers Market Revenues & Volume By PBS for the Period 2020 - 2030
- Historical Data and Forecast of Nigeria Biodegradable Polymers Market Revenues & Volume By PHA for the Period 2020 - 2030
- Historical Data and Forecast of Kenya Biodegradable Polymers Market Revenues & Volume By Type for the Period 2020 - 2030
- Historical Data and Forecast of Kenya Biodegradable Polymers Market Revenues & Volume By PLA for the Period 2020 - 2030
- Historical Data and Forecast of Kenya Biodegradable Polymers Market Revenues & Volume By Starch for the Period 2020 - 2030
- Historical Data and Forecast of Kenya Biodegradable Polymers Market Revenues & Volume By PBS for the Period 2020 - 2030
- Historical Data and Forecast of Kenya Biodegradable Polymers Market Revenues & Volume By PHA for the Period 2020 - 2030
- Historical Data and Forecast of Rest of Africa Biodegradable Polymers Market Revenues & Volume By Type for the Period 2020 - 2030
- Historical Data and Forecast of Rest of Africa Biodegradable Polymers Market Revenues & Volume By PLA for the Period 2020 - 2030
- Historical Data and Forecast of Rest of Africa Biodegradable Polymers Market Revenues & Volume By Starch for the Period 2020 - 2030
- Historical Data and Forecast of Rest of Africa Biodegradable Polymers Market Revenues & Volume By PBS for the Period 2020 - 2030
- Historical Data and Forecast of Rest of Africa Biodegradable Polymers Market Revenues & Volume By PHA for the Period 2020 - 2030
- Historical Data and Forecast of Africa Biodegradable Polymers Market Revenues & Volume By Substrate for the Period 2020 - 2030
- Historical Data and Forecast of Africa Biodegradable Polymers Market Revenues & Volume By Paper & Paperboard for the Period 2020 - 2030
- Historical Data and Forecast of Africa Biodegradable Polymers Market Revenues & Volume By Cellulose Films for the Period 2020 - 2030
- Historical Data and Forecast of South Africa Biodegradable Polymers Market Revenues & Volume By Substrate for the Period 2020 - 2030
- Historical Data and Forecast of South Africa Biodegradable Polymers Market Revenues & Volume By Paper & Paperboard for the Period 2020 - 2030
- Historical Data and Forecast of South Africa Biodegradable Polymers Market Revenues & Volume By Cellulose Films for the Period 2020 - 2030
- Historical Data and Forecast of Nigeria Biodegradable Polymers Market Revenues & Volume By Substrate for the Period 2020 - 2030
- Historical Data and Forecast of Nigeria Biodegradable Polymers Market Revenues & Volume By Paper & Paperboard for the Period 2020 - 2030
- Historical Data and Forecast of Nigeria Biodegradable Polymers Market Revenues & Volume By Cellulose Films for the Period 2020 - 2030
- Historical Data and Forecast of Kenya Biodegradable Polymers Market Revenues & Volume By Substrate for the Period 2020 - 2030
- Historical Data and Forecast of Kenya Biodegradable Polymers Market Revenues & Volume By Paper & Paperboard for the Period 2020 - 2030
- Historical Data and Forecast of Kenya Biodegradable Polymers Market Revenues & Volume By Cellulose Films for the Period 2020 - 2030
- Historical Data and Forecast of Rest of Africa Biodegradable Polymers Market Revenues & Volume By Substrate for the Period 2020 - 2030
- Historical Data and Forecast of Rest of Africa Biodegradable Polymers Market Revenues & Volume By Paper & Paperboard for the Period 2020 - 2030
- Historical Data and Forecast of Rest of Africa Biodegradable Polymers Market Revenues & Volume By Cellulose Films for the Period 2020 - 2030
- Historical Data and Forecast of Africa Biodegradable Polymers Market Revenues & Volume By Application for the Period 2020 - 2030
- Historical Data and Forecast of Africa Biodegradable Polymers Market Revenues & Volume By Rigid Packaging for the Period 2020 - 2030
- Historical Data and Forecast of Africa Biodegradable Polymers Market Revenues & Volume By Flexible Packaging for the Period 2020 - 2030
- Historical Data and Forecast of Africa Biodegradable Polymers Market Revenues & Volume By Liquid Packaging for the Period 2020 - 2030
- Historical Data and Forecast of South Africa Biodegradable Polymers Market Revenues & Volume By Application for the Period 2020 - 2030
- Historical Data and Forecast of South Africa Biodegradable Polymers Market Revenues & Volume By Rigid Packaging for the Period 2020 - 2030
- Historical Data and Forecast of South Africa Biodegradable Polymers Market Revenues & Volume By Flexible Packaging for the Period 2020 - 2030
- Historical Data and Forecast of South Africa Biodegradable Polymers Market Revenues & Volume By Liquid Packaging for the Period 2020 - 2030
- Historical Data and Forecast of Nigeria Biodegradable Polymers Market Revenues & Volume By Application for the Period 2020 - 2030
- Historical Data and Forecast of Nigeria Biodegradable Polymers Market Revenues & Volume By Rigid Packaging for the Period 2020 - 2030
- Historical Data and Forecast of Nigeria Biodegradable Polymers Market Revenues & Volume By Flexible Packaging for the Period 2020 - 2030
- Historical Data and Forecast of Nigeria Biodegradable Polymers Market Revenues & Volume By Liquid Packaging for the Period 2020 - 2030
- Historical Data and Forecast of Kenya Biodegradable Polymers Market Revenues & Volume By Application for the Period 2020 - 2030
- Historical Data and Forecast of Kenya Biodegradable Polymers Market Revenues & Volume By Rigid Packaging for the Period 2020 - 2030
- Historical Data and Forecast of Kenya Biodegradable Polymers Market Revenues & Volume By Flexible Packaging for the Period 2020 - 2030
- Historical Data and Forecast of Kenya Biodegradable Polymers Market Revenues & Volume By Liquid Packaging for the Period 2020 - 2030
- Historical Data and Forecast of Rest of Africa Biodegradable Polymers Market Revenues & Volume By Application for the Period 2020 - 2030
- Historical Data and Forecast of Rest of Africa Biodegradable Polymers Market Revenues & Volume By Rigid Packaging for the Period 2020 - 2030
- Historical Data and Forecast of Rest of Africa Biodegradable Polymers Market Revenues & Volume By Flexible Packaging for the Period 2020 - 2030
- Historical Data and Forecast of Rest of Africa Biodegradable Polymers Market Revenues & Volume By Liquid Packaging for the Period 2020 - 2030
- Africa Biodegradable Polymers Market - Key Performance Indicators
- Africa Biodegradable Polymers Market - Import Export Trade Statistics
- Africa Biodegradable Polymers Market - Opportunity Assessment By Countries
- Africa Biodegradable Polymers Market - Opportunity Assessment By Type
- Africa Biodegradable Polymers Market - Opportunity Assessment By Substrate
- Africa Biodegradable Polymers Market - Opportunity Assessment By Application
- Africa Biodegradable Polymers Market - Top Companies Market Share
- Africa Biodegradable Polymers Market - Top Companies Profiles
- Africa Biodegradable Polymers Market - Comparison of Players in Technical and Operating Parameters
- Africa Biodegradable Polymers Market - Strategic Recommendations
Market Covered
The report offers a comprehensive study of the subsequent market segments:
By Countries
- South Africa
- Nigeria
- Kenya
- Rest Of Africa
By Type
- PLA
- Starch
- PBS
- PHA
By Substrate
- Paper & Paperboard
- Cellulose Films
By Application
- Rigid Packaging
- Flexible Packaging
- Liquid Packaging
Africa Biodegradable Polymers Market (2024-2030): FAQs
The growth is primarily driven by increasing environmental concerns and a growing awareness among consumers and industries about sustainable alternatives.
The packaging sector, including food and beverages and consumer goods packaging, is leading the adoption, followed by agriculture and healthcare sectors.
High production costs, lack of widespread consumer awareness, and limited access to raw materials are some of the challenges facing the market.
The market is anticipated to witness substantial growth due to ongoing investments, governmental support, and a gradual shift towards sustainable materials in various sectors.
6W monitors the market across 60+ countries Globally, publishing an annual market outlook report that analyses trends, key drivers, Size, Volume, Revenue, opportunities, and market segments. This report offers comprehensive insights, helping businesses understand market dynamics and make informed decisions.
Yes, we provide customisation as per your requirements. To learn more, feel free to contact us on sales@6wresearch.com
| 1 Executive Summary |
| 2 Introduction |
| 2.1 Key Highlights of the Report |
| 2.2 Report Description |
| 2.3 Market Scope & Segmentation |
| 2.4 Research Methodology |
| 2.5 Assumptions |
| 3 Africa Biodegradable Polymers Market Overview |
| 3.1 Africa Regional Macro Economic Indicators |
| 3.2 Africa Biodegradable Polymers Market Revenues & Volume, 2020 & 2030F |
| 3.3 Africa Biodegradable Polymers Market - Industry Life Cycle |
| 3.4 Africa Biodegradable Polymers Market - Porter's Five Forces |
| 3.5 Africa Biodegradable Polymers Market Revenues & Volume Share, By Countries, 2020 & 2030F |
| 3.6 Africa Biodegradable Polymers Market Revenues & Volume Share, By Type, 2020 & 2030F |
| 3.7 Africa Biodegradable Polymers Market Revenues & Volume Share, By Substrate, 2020 & 2030F |
| 3.8 Africa Biodegradable Polymers Market Revenues & Volume Share, By Application, 2020 & 2030F |
| 4 Africa Biodegradable Polymers Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.3 Market Restraints |
| 5 Africa Biodegradable Polymers Market Trends |
| 6 Africa Biodegradable Polymers Market, 2020 - 2030 |
| 6.1 Africa Biodegradable Polymers Market, Revenues & Volume, By Type, 2020 - 2030 |
| 6.2 Africa Biodegradable Polymers Market, Revenues & Volume, By Substrate, 2020 - 2030 |
| 6.3 Africa Biodegradable Polymers Market, Revenues & Volume, By Application, 2020 - 2030 |
| 7 South Africa Biodegradable Polymers Market, 2020 - 2030 |
| 7.1 South Africa Biodegradable Polymers Market, Revenues & Volume, By Type, 2020 - 2030 |
| 7.2 South Africa Biodegradable Polymers Market, Revenues & Volume, By Substrate, 2020 - 2030 |
| 7.3 South Africa Biodegradable Polymers Market, Revenues & Volume, By Application, 2020 - 2030 |
| 8 Nigeria Biodegradable Polymers Market, 2020 - 2030 |
| 8.1 Nigeria Biodegradable Polymers Market, Revenues & Volume, By Type, 2020 - 2030 |
| 8.2 Nigeria Biodegradable Polymers Market, Revenues & Volume, By Substrate, 2020 - 2030 |
| 8.3 Nigeria Biodegradable Polymers Market, Revenues & Volume, By Application, 2020 - 2030 |
| 9 Kenya Biodegradable Polymers Market, 2020 - 2030 |
| 9.1 Kenya Biodegradable Polymers Market, Revenues & Volume, By Type, 2020 - 2030 |
| 9.2 Kenya Biodegradable Polymers Market, Revenues & Volume, By Substrate, 2020 - 2030 |
| 9.3 Kenya Biodegradable Polymers Market, Revenues & Volume, By Application, 2020 - 2030 |
| 10 Rest of Africa Biodegradable Polymers Market, 2020 - 2030 |
| 10.1 Rest of Africa Biodegradable Polymers Market, Revenues & Volume, By Type, 2020 - 2030 |
| 10.2 Rest of Africa Biodegradable Polymers Market, Revenues & Volume, By Substrate, 2020 - 2030 |
| 10.3 Rest of Africa Biodegradable Polymers Market, Revenues & Volume, By Application, 2020 - 2030 |
| 11 Africa Biodegradable Polymers Market Key Performance Indicators |
| 12 Africa Biodegradable Polymers Market - Opportunity Assessment |
| 12.1 Africa Biodegradable Polymers Market Opportunity Assessment, By Countries, 2020 & 2030F |
| 12.2 Africa Biodegradable Polymers Market Opportunity Assessment, By Type, 2020 & 2030F |
| 12.3 Africa Biodegradable Polymers Market Opportunity Assessment, By Substrate, 2020 & 2030F |
| 12.4 Africa Biodegradable Polymers Market Opportunity Assessment, By Application, 2020 & 2030F |
| 13 Africa Biodegradable Polymers Market - Competitive Landscape |
| 13.1 Africa Biodegradable Polymers Market Revenue Share, By Companies, 2023 |
| 13.2 Africa Biodegradable Polymers Market Competitive Benchmarking, By Operating and Technical Parameters |
| 14 Company Profiles |
| 15 Recommendations |
| 16 Disclaimer |
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