Africa Compostable Plastic Market (2024-2030) | Industry, Revenue, Outlook, Growth, Companies, Analysis, Trends, Forecast, Size, Share & Value
Market Forecast by Countries (South Africa, Nigeria, Kenya, Rest of Africa), By Type (Home Compostable Plastic, Others), By End-Use (Bags, Agriculture and Horticulture, Medical Devices, Automotive, Consumer Electronics, Disposable Housewares, Others), By Sales Channel (Direct Company Sale , Direct Import , Distributors , Traders) And Competitive Landscape
| Product Code: ETC391656 | Publication Date: Aug 2022 | Updated Date: Jun 2024 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 29 | |
Africa Compostable Plastic Market Highlights
| Report Name | Africa Compostable Plastic Market |
| Forecast period | 2024-2030 |
| CAGR | 12.5% |
| Growing Sector | Packaging |
Topics Covered in the Africa Compostable Plastic Market
Africa Compostable Plastic Market report thoroughly covers the market By Countries, By Type, By End-Use, and By Sales Channel. The Africa Compostable Plastic Market outlook report provides an unbiased and detailed analysis of the ongoing Africa Compostable Plastic 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 Compostable Plastic Market Size
The Africa Compostable Plastic Market is projected to grow from approximately USD 60 million in 2024 to around USD 140 million by 2030, with a compound annual growth rate (CAGR) of 12.5% during this period. This growth is driven by increasing awareness of environmental issues, rising demand for sustainable packaging solutions, and government initiatives aimed at reducing plastic waste. The expanding food and beverage industry, along with the growing interest in eco-friendly products among consumers, is further propelling market expansion. Additionally, advancements in compostable plastic technology and the availability of diverse applications, including packaging, food service items, and agricultural products, are expected to significantly contribute to the growth of the compostable plastic market in Africa through 2030.
Africa Compostable Plastic Market Synopsis
Africa Compostable Plastic Market is experiencing significant growth, driven by increased environmental awareness and stringent regulations on single-use plastics. With countries across the continent adopting policies to mitigate the detrimental effects of plastic pollution, there is a rising demand for sustainable alternatives. Compostable plastics, derived from renewable resources such as corn starch, sugarcane, and potato starch, offer a viable solution to reduce environmental impact. Key players in the market are investing in research and development to improve the properties and scalability of compostable plastics, making them more accessible and cost-effective.
According to 6Wresearch, the Africa Compostable Plastic Market size is projected to grow at highest growth rate, reaching a CAGR of 12.5% during the 2024-2030. Key drivers for this market include the rising awareness about the harmful impacts of conventional plastics on the environment and the robust push by governments to curb plastic waste through stringent laws and policies. Moreover, the shift towards sustainability by major corporations and the burgeoning eco-consciousness among consumers have been pivotal in propelling the demand for compostable plastics. Despite the promising growth, the market faces several challenges such as the higher cost of compostable plastics compared to traditional plastics, limited availability of composting facilities, and a lack of consumer awareness about the proper disposal of compostable plastics. These hurdles need to be addressed to ensure the Africa Compostable Plastic Market Growth.
Several trends are shaping the compostable plastic market, including advancements in biopolymer technology, increased investment in research and development, and the adoption of circular economy principles by more companies. Additionally, collaborations between governments, non-governmental organizations, and private enterprises to promote sustainable practices are becoming more prevalent. Significant opportunities exist in the form of expanding the infrastructure for composting, enhancing consumer education on the benefits of compostable plastics, and developing cost-effective production methods. The packaging sector offers immense potential for growth, bolstered by the rising demand for sustainable packaging solutions. Companies that can innovate and scale their operations efficiently are likely to capture substantial market share in the coming years.
Key Players in the Africa Compostable Plastic Market
The Africa compostable plastic market is shaped by several key players driving innovation and growth. Companies such as Novamont, BASF SE, and Total Corbion PLA are at the forefront, offering advanced biodegradable plastic solutions tailored to the continent's unique needs. Local firms like GreenTech Plastics are also emerging as influential players, contributing to the market's expansion with region-specific products and sustainable practices.
Future Insights of the Africa Compostable Plastic Market
The future of the Africa compostable plastic industry looks promising, with increasing awareness about environmental sustainability and regulatory measures steering shift away from traditional plastics. Market trends indicate robust growth driven by technological advancements, increased investment in research and development, and a rising consumer preference for eco-friendly products. The expansion of infrastructure for composting and waste management is expected to further bolster market dynamics, making compostable plastics a more viable option for a wide range of applications.
Africa Compostable Plastic Market: Government Initiatives
Government initiatives play a pivotal role in shaping the Africa compostable plastic market. Various African nations are rolling out policies aimed at curbing plastic pollution, which include bans on single-use plastics and incentives for adopting biodegradable alternatives. For instance, countries like Kenya and Rwanda have implemented stringent regulations that ban the use of non-biodegradable plastic bags, encouraging the uptake of compostable plastics. Additionally, government-funded programs supporting research and development, as well as collaborations with international environmental organizations, are catalyzing market growth and encouraging sustainable practices across Africa.
Market Analysis by End-Use
The packaging sector is experiencing the fastest growth in the compostable plastic market in Africa. This surge is primarily due to the increasing demand for sustainable packaging solutions from both consumers and businesses.
Market Analysis by Sales Channel
According to Ravi Bhandari, Research Head, 6Wresearch, the direct company sales has been dominating the Africa Compostable Plastic Market Share. This trend is driven by manufacturers increasingly opting to establish direct relationships with retailers and end-users to streamline the supply chain and enhance profit margins.
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 Compostable Plastic Market Outlook
- Market Size of Africa Compostable Plastic Market, 2023
- Forecast of Africa Compostable Plastic Market, 2030
- Historical Data and Forecast of Africa Compostable Plastic Revenues & Volume for the Period 2020 - 2030
- Africa Compostable Plastic Market Trend Evolution
- Africa Compostable Plastic Market Drivers and Challenges
- Africa Compostable Plastic Price Trends
- Africa Compostable Plastic Porter's Five Forces
- Africa Compostable Plastic Industry Life Cycle
- Historical Data and Forecast of Africa Compostable Plastic Market Revenues & Volume By Type for the Period 2020 - 2030
- Historical Data and Forecast of Africa Compostable Plastic Market Revenues & Volume By Home Compostable Plastic for the Period 2020 - 2030
- Historical Data and Forecast of Africa Compostable Plastic Market Revenues & Volume By Others for the Period 2020 - 2030
- Historical Data and Forecast of South Africa Compostable Plastic Market Revenues & Volume By Type for the Period 2020 - 2030
- Historical Data and Forecast of South Africa Compostable Plastic Market Revenues & Volume By Home Compostable Plastic for the Period 2020 - 2030
- Historical Data and Forecast of South Africa Compostable Plastic Market Revenues & Volume By Others for the Period 2020 - 2030
- Historical Data and Forecast of Nigeria Compostable Plastic Market Revenues & Volume By Type for the Period 2020 - 2030
- Historical Data and Forecast of Nigeria Compostable Plastic Market Revenues & Volume By Home Compostable Plastic for the Period 2020 - 2030
- Historical Data and Forecast of Nigeria Compostable Plastic Market Revenues & Volume By Others for the Period 2020 - 2030
- Historical Data and Forecast of Kenya Compostable Plastic Market Revenues & Volume By Type for the Period 2020 - 2030
- Historical Data and Forecast of Kenya Compostable Plastic Market Revenues & Volume By Home Compostable Plastic for the Period 2020 - 2030
- Historical Data and Forecast of Kenya Compostable Plastic Market Revenues & Volume By Others for the Period 2020 - 2030
- Historical Data and Forecast of Rest of Africa Compostable Plastic Market Revenues & Volume By Type for the Period 2020 - 2030
- Historical Data and Forecast of Rest of Africa Compostable Plastic Market Revenues & Volume By Home Compostable Plastic for the Period 2020 - 2030
- Historical Data and Forecast of Rest of Africa Compostable Plastic Market Revenues & Volume By Others for the Period 2020 - 2030
- Historical Data and Forecast of Africa Compostable Plastic Market Revenues & Volume By End-Use for the Period 2020 - 2030
- Historical Data and Forecast of Africa Compostable Plastic Market Revenues & Volume By Bags for the Period 2020 - 2030
- Historical Data and Forecast of Africa Compostable Plastic Market Revenues & Volume By Agriculture and Horticulture for the Period 2020 - 2030
- Historical Data and Forecast of Africa Compostable Plastic Market Revenues & Volume By Medical Devices for the Period 2020 - 2030
- Historical Data and Forecast of Africa Compostable Plastic Market Revenues & Volume By Automotive for the Period 2020 - 2030
- Historical Data and Forecast of Africa Compostable Plastic Market Revenues & Volume By Consumer Electronics for the Period 2020 - 2030
- Historical Data and Forecast of Africa Compostable Plastic Market Revenues & Volume By Disposable Housewares for the Period 2020 - 2030
- Historical Data and Forecast of Africa Compostable Plastic Market Revenues & Volume By Others for the Period 2020 - 2030
- Historical Data and Forecast of South Africa Compostable Plastic Market Revenues & Volume By End-Use for the Period 2020 - 2030
- Historical Data and Forecast of South Africa Compostable Plastic Market Revenues & Volume By Bags for the Period 2020 - 2030
- Historical Data and Forecast of South Africa Compostable Plastic Market Revenues & Volume By Agriculture and Horticulture for the Period 2020 - 2030
- Historical Data and Forecast of South Africa Compostable Plastic Market Revenues & Volume By Medical Devices for the Period 2020 - 2030
- Historical Data and Forecast of South Africa Compostable Plastic Market Revenues & Volume By Automotive for the Period 2020 - 2030
- Historical Data and Forecast of South Africa Compostable Plastic Market Revenues & Volume By Consumer Electronics for the Period 2020 - 2030
- Historical Data and Forecast of South Africa Compostable Plastic Market Revenues & Volume By Disposable Housewares for the Period 2020 - 2030
- Historical Data and Forecast of South Africa Compostable Plastic Market Revenues & Volume By Others for the Period 2020 - 2030
- Historical Data and Forecast of Nigeria Compostable Plastic Market Revenues & Volume By End-Use for the Period 2020 - 2030
- Historical Data and Forecast of Nigeria Compostable Plastic Market Revenues & Volume By Bags for the Period 2020 - 2030
- Historical Data and Forecast of Nigeria Compostable Plastic Market Revenues & Volume By Agriculture and Horticulture for the Period 2020 - 2030
- Historical Data and Forecast of Nigeria Compostable Plastic Market Revenues & Volume By Medical Devices for the Period 2020 - 2030
- Historical Data and Forecast of Nigeria Compostable Plastic Market Revenues & Volume By Automotive for the Period 2020 - 2030
- Historical Data and Forecast of Nigeria Compostable Plastic Market Revenues & Volume By Consumer Electronics for the Period 2020 - 2030
- Historical Data and Forecast of Nigeria Compostable Plastic Market Revenues & Volume By Disposable Housewares for the Period 2020 - 2030
- Historical Data and Forecast of Nigeria Compostable Plastic Market Revenues & Volume By Others for the Period 2020 - 2030
- Historical Data and Forecast of Kenya Compostable Plastic Market Revenues & Volume By End-Use for the Period 2020 - 2030
- Historical Data and Forecast of Kenya Compostable Plastic Market Revenues & Volume By Bags for the Period 2020 - 2030
- Historical Data and Forecast of Kenya Compostable Plastic Market Revenues & Volume By Agriculture and Horticulture for the Period 2020 - 2030
- Historical Data and Forecast of Kenya Compostable Plastic Market Revenues & Volume By Medical Devices for the Period 2020 - 2030
- Historical Data and Forecast of Kenya Compostable Plastic Market Revenues & Volume By Automotive for the Period 2020 - 2030
- Historical Data and Forecast of Kenya Compostable Plastic Market Revenues & Volume By Consumer Electronics for the Period 2020 - 2030
- Historical Data and Forecast of Kenya Compostable Plastic Market Revenues & Volume By Disposable Housewares for the Period 2020 - 2030
- Historical Data and Forecast of Kenya Compostable Plastic Market Revenues & Volume By Others for the Period 2020 - 2030
- Historical Data and Forecast of Rest of Africa Compostable Plastic Market Revenues & Volume By End-Use for the Period 2020 - 2030
- Historical Data and Forecast of Rest of Africa Compostable Plastic Market Revenues & Volume By Bags for the Period 2020 - 2030
- Historical Data and Forecast of Rest of Africa Compostable Plastic Market Revenues & Volume By Agriculture and Horticulture for the Period 2020 - 2030
- Historical Data and Forecast of Rest of Africa Compostable Plastic Market Revenues & Volume By Medical Devices for the Period 2020 - 2030
- Historical Data and Forecast of Rest of Africa Compostable Plastic Market Revenues & Volume By Automotive for the Period 2020 - 2030
- Historical Data and Forecast of Rest of Africa Compostable Plastic Market Revenues & Volume By Consumer Electronics for the Period 2020 - 2030
- Historical Data and Forecast of Rest of Africa Compostable Plastic Market Revenues & Volume By Disposable Housewares for the Period 2020 - 2030
- Historical Data and Forecast of Rest of Africa Compostable Plastic Market Revenues & Volume By Others for the Period 2020 - 2030
- Historical Data and Forecast of Africa Compostable Plastic Market Revenues & Volume By Sales Channel for the Period 2020 - 2030
- Historical Data and Forecast of Africa Compostable Plastic Market Revenues & Volume By Direct Company Sale for the Period 2020 - 2030
- Historical Data and Forecast of Africa Compostable Plastic Market Revenues & Volume By Direct Import for the Period 2020 - 2030
- Historical Data and Forecast of Africa Compostable Plastic Market Revenues & Volume By Distributors for the Period 2020 - 2030
- Historical Data and Forecast of Africa Compostable Plastic Market Revenues & Volume By Traders for the Period 2020 - 2030
- Historical Data and Forecast of South Africa Compostable Plastic Market Revenues & Volume By Sales Channel for the Period 2020 - 2030
- Historical Data and Forecast of South Africa Compostable Plastic Market Revenues & Volume By Direct Company Sale for the Period 2020 - 2030
- Historical Data and Forecast of South Africa Compostable Plastic Market Revenues & Volume By Direct Import for the Period 2020 - 2030
- Historical Data and Forecast of South Africa Compostable Plastic Market Revenues & Volume By Distributors for the Period 2020 - 2030
- Historical Data and Forecast of South Africa Compostable Plastic Market Revenues & Volume By Traders for the Period 2020 - 2030
- Historical Data and Forecast of Nigeria Compostable Plastic Market Revenues & Volume By Sales Channel for the Period 2020 - 2030
- Historical Data and Forecast of Nigeria Compostable Plastic Market Revenues & Volume By Direct Company Sale for the Period 2020 - 2030
- Historical Data and Forecast of Nigeria Compostable Plastic Market Revenues & Volume By Direct Import for the Period 2020 - 2030
- Historical Data and Forecast of Nigeria Compostable Plastic Market Revenues & Volume By Distributors for the Period 2020 - 2030
- Historical Data and Forecast of Nigeria Compostable Plastic Market Revenues & Volume By Traders for the Period 2020 - 2030
- Historical Data and Forecast of Kenya Compostable Plastic Market Revenues & Volume By Sales Channel for the Period 2020 - 2030
- Historical Data and Forecast of Kenya Compostable Plastic Market Revenues & Volume By Direct Company Sale for the Period 2020 - 2030
- Historical Data and Forecast of Kenya Compostable Plastic Market Revenues & Volume By Direct Import for the Period 2020 - 2030
- Historical Data and Forecast of Kenya Compostable Plastic Market Revenues & Volume By Distributors for the Period 2020 - 2030
- Historical Data and Forecast of Kenya Compostable Plastic Market Revenues & Volume By Traders for the Period 2020 - 2030
- Historical Data and Forecast of Rest of Africa Compostable Plastic Market Revenues & Volume By Sales Channel for the Period 2020 - 2030
- Historical Data and Forecast of Rest of Africa Compostable Plastic Market Revenues & Volume By Direct Company Sale for the Period 2020 - 2030
- Historical Data and Forecast of Rest of Africa Compostable Plastic Market Revenues & Volume By Direct Import for the Period 2020 - 2030
- Historical Data and Forecast of Rest of Africa Compostable Plastic Market Revenues & Volume By Distributors for the Period 2020 - 2030
- Historical Data and Forecast of Rest of Africa Compostable Plastic Market Revenues & Volume By Traders for the Period 2020 - 2030
- Africa Compostable Plastic Market - Key Performance Indicators
- Africa Compostable Plastic Market - Import Export Trade Statistics
- Africa Compostable Plastic Market - Opportunity Assessment By Countries
- Africa Compostable Plastic Market - Opportunity Assessment By Type
- Africa Compostable Plastic Market - Opportunity Assessment By End-Use
- Africa Compostable Plastic Market - Opportunity Assessment By Sales Channel
- Africa Compostable Plastic Market - Top Companies Market Share
- Africa Compostable Plastic Market - Top Companies Profiles
- Africa Compostable Plastic Market - Comparison of Players in Technical and Operating Parameters
- Africa Compostable Plastic 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
- Home Compostable Plastic
- Others
By End-Use
- Bags
- Agriculture And Horticulture
- Medical Devices
- Automotive
- Consumer Electronics
- Disposable Housewares
- Others
By Sales Channel
- Direct Company Sale
- Direct Import
- Distributors
- Traders
Africa Compostable Plastic Market (2024-2030): FAQs
The growth of the compostable plastic market in Africa is driven by government regulations promoting sustainable practices and a shift in consumer preferences towards eco-friendly products.
The primary adopters of compostable plastics in Africa are the packaging, agriculture, and food service industries.
Challenges include limited awareness about compostable plastics, higher production costs compared to conventional plastics, and the need for more stringent regulations and enforcement.
The future prospects for the compostable plastic market in Africa are promising, with expected continued growth driven by innovation and expanding regulatory support.
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 Compostable Plastic Market Overview |
| 3.1 Africa Regional Macro Economic Indicators |
| 3.2 Africa Compostable Plastic Market Revenues & Volume, 2020 & 2030F |
| 3.3 Africa Compostable Plastic Market - Industry Life Cycle |
| 3.4 Africa Compostable Plastic Market - Porter's Five Forces |
| 3.5 Africa Compostable Plastic Market Revenues & Volume Share, By Countries, 2020 & 2030F |
| 3.6 Africa Compostable Plastic Market Revenues & Volume Share, By Type , 2020 & 2030F |
| 3.7 Africa Compostable Plastic Market Revenues & Volume Share, By End-Use , 2020 & 2030F |
| 3.8 Africa Compostable Plastic Market Revenues & Volume Share, By Sales Channel , 2020 & 2030F |
| 4 Africa Compostable Plastic Market Dynamics |
| 4.1 Impact Analysis |
| 4.2 Market Drivers |
| 4.3 Market Restraints |
| 5 Africa Compostable Plastic Market Trends |
| 6 Africa Compostable Plastic Market, 2020-2030 |
| 6.1 Africa Compostable Plastic Market, Revenues & Volume, By Type , 2020-2030 |
| 6.2 Africa Compostable Plastic Market, Revenues & Volume, By End-Use , 2020-2030 |
| 6.3 Africa Compostable Plastic Market, Revenues & Volume, By Sales Channel , 2020-2030 |
| 7 South Africa Compostable Plastic Market, 2020-2030 |
| 7.1 South Africa Compostable Plastic Market, Revenues & Volume, By Type , 2020-2030 |
| 7.2 South Africa Compostable Plastic Market, Revenues & Volume, By End-Use , 2020-2030 |
| 7.3 South Africa Compostable Plastic Market, Revenues & Volume, By Sales Channel , 2020-2030 |
| 8 Nigeria Compostable Plastic Market, 2020-2030 |
| 8.1 Nigeria Compostable Plastic Market, Revenues & Volume, By Type , 2020-2030 |
| 8.2 Nigeria Compostable Plastic Market, Revenues & Volume, By End-Use , 2020-2030 |
| 8.3 Nigeria Compostable Plastic Market, Revenues & Volume, By Sales Channel , 2020-2030 |
| 9 Kenya Compostable Plastic Market, 2020-2030 |
| 9.1 Kenya Compostable Plastic Market, Revenues & Volume, By Type , 2020-2030 |
| 9.2 Kenya Compostable Plastic Market, Revenues & Volume, By End-Use , 2020-2030 |
| 9.3 Kenya Compostable Plastic Market, Revenues & Volume, By Sales Channel , 2020-2030 |
| 10 Rest of Africa Compostable Plastic Market, 2020-2030 |
| 10.1 Rest of Africa Compostable Plastic Market, Revenues & Volume, By Type , 2020-2030 |
| 10.2 Rest of Africa Compostable Plastic Market, Revenues & Volume, By End-Use , 2020-2030 |
| 10.3 Rest of Africa Compostable Plastic Market, Revenues & Volume, By Sales Channel , 2020-2030 |
| 11 Africa Compostable Plastic Market Key Performance Indicators |
| 12 Africa Compostable Plastic Market - Opportunity Assessment |
| 12.1 Africa Compostable Plastic Market Opportunity Assessment, By Countries, 2020 & 2030F |
| 12.2 Africa Compostable Plastic Market Opportunity Assessment, By Type , 2020 & 2030F |
| 12.3 Africa Compostable Plastic Market Opportunity Assessment, By End-Use , 2020 & 2030F |
| 12.4 Africa Compostable Plastic Market Opportunity Assessment, By Sales Channel , 2020 & 2030F |
| 13 Africa Compostable Plastic Market - Competitive Landscape |
| 13.1 Africa Compostable Plastic Market Revenue Share, By Companies, 2023 |
| 13.2 Africa Compostable Plastic Market Competitive Benchmarking, By Operating and Technical Parameters |
| 14 Company Profiles |
| 15 Recommendations |
| 16 Disclaimer |
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