Europe Biodegradable Paper and Plastic Packaging Market Size with Top Companies | Manufacturers 2024

Europe Biodegradable Paper and Plastic Packaging Market Size with Top Companies

The Europe Biodegradable Paper & Plastic Packaging Market, valued at USD 4.5 billion in 2023, is projected to grow at a CAGR of 7.9%, reaching USD 8 billion by 2030. Growth is driven by rising demand for sustainable packaging, stricter environmental regulations, and increasing use in sectors like food and beverages, pharmaceuticals, and personal care.

Europe Biodegradable Paper and Plastic Packaging Market has seen steady growth as the companies are introducing innovative and eco-friendly packaging solutions. Many companies have already started using biodegradable materials such as paper, bamboo, cornstarch, and mushroom-based packaging in their products. This shift towards sustainable packaging not only reduces waste but also helps in preserving natural resources. In addition to product innovation, many companies are also focusing on reducing their carbon footprint by implementing sustainable practices in their production and distribution processes. This includes using renewable energy sources, optimizing transportation routes to reduce emissions, and investing in recycling and waste management systems.

Companies are actively promoting the use of biodegradable packaging among consumers through various marketing campaigns and initiatives. This not only creates awareness about the benefits of these products but also encourages consumers to make more sustainable choices. Companies are also collaborating with government organizations and NGOs to support policies and regulations that promote the use of biodegradable packaging. They are also investing in research and development to improve the efficiency and cost-effectiveness of biodegradable materials. As per 6Wresearch, Europe Biodegradable Paper and Plastic Packaging Market is projected to grow at a significant CAGR of 5.3% from 2024-2030F.

List of Leading Companies in the Europe Biodegradable Paper and Plastic Packaging Market

1. BioBag International AS

BioBag International AS is a Norwegian company that specializes in the production and distribution of biodegradable and compostable products. Today, BioBag has become a global leader in producing environmentally friendly products, with its headquarters located in Askim, Norway. The company's mission is to provide innovative and sustainable alternatives to traditional plastic products, reducing the impact on our planet.

2. NatureWorks LLC 

NatureWorks is a global company that produces Ingeo™ brand biopolymers – plastics made from plants instead of oil. Their packaging solutions are used in various industries such as food and beverages, personal care, and consumer goods.

3. Tetra Pak

Tetra Pak is a multinational food packaging and processing company. The company was founded in 1951 by Ruben Rausing, who invented the Tetra Classic Aseptic carton package that revolutionized the packaging industry. The aseptic technology used in these packages allows for food to be shelf-stable without refrigeration, reducing food waste and increasing access to nutritious products in remote areas.

4. Amcor plc

Amcor plc is a global leader in packaging solutions, providing innovative and sustainable packaging for a wide range of industries including food and beverage, healthcare, personal care, home care, and tobacco. With a history dating back to 1860, Amcor has established itself as a trusted partner for its customers by consistently delivering high-quality products and services.

5. Stora Enso

Stora Enso is a leading provider of renewable solutions in packaging, biomaterials, wood products, and paper. They have been investing in research and development to offer innovative biodegradable packaging options to their customers.

6. Mondi plc

Mondi is a global leader in sustainable packaging and paper solutions, with a focus on circular economy principles. They offer various biodegradable alternatives such as compostable films and paper-based materials for packaging applications.

7. Tetra Laval International SA

Tetra Laval is the parent company of Tetra Pak and Sidel, two well-known brands in the packaging industry. They are committed to sustainability and have been incorporating biodegradable materials in their packaging solutions.

8. Be Green Packaging

Be Green Packaging specializes in creating compostable and biodegradable packaging solutions for the food and beverage industry. They use plant fibers such as bamboo and bulrush to produce their packaging materials.

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