Global Biodegradable Plastic Bags and Sacks Market Insights, Forecast to 2025

Biodegradable plastic bags and sacks are created using materials that will allow the bags or sacks to completely decompose after a period of time. Most biodegradable plastic bags and sacks are said to decompose in three years, although many completely disintegrate in less time. The bags and sacks leave no discernible trace and are completely harmless to the environment. Biodegradable plastic bags and sacks require two key elements in order to decompose. The bags and sacks need to be exposed to oxygen and light. Therefore, biodegradable plastic bags and sacks do not start to decompose from the date of manufacture, only after they have been exposed to light and air.
In consumption market, North America and Europe are the mainly consumption regions due to the bigger demand of downstream applications. In 2017, these two regions occupied 82.48% of the global consumption volume in total.
Biodegradable plastic bags and sacks has three types, which include polylactic acid (PLA), polyhydroxyalkanoate (PHA) and starch blends, etc. And each type has different applications relatively with different properties. With biodegradable effect of biodegradable plastic bags and sacks, the downstream application industries will need more biodegradable plastic bags and sacks products. So, biodegradable plastic bags and sacks has a huge market potential in the future.
The global Biodegradable Plastic Bags and Sacks market is valued at 800 million US$ in 2018 and will reach 990 million US$ by the end of 2025, growing at a CAGR of 3.0% during 2019-2025. The objectives of this study are to define, segment, and project the size of the Biodegradable Plastic Bags and Sacks market based on company, product type, end user and key regions.

This report studies the global market size of Biodegradable Plastic Bags and Sacks in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Biodegradable Plastic Bags and Sacks in these regions.
This research report categorizes the global Biodegradable Plastic Bags and Sacks market by top players/brands, region, type and end user. This report also studies the global Biodegradable Plastic Bags and Sacks market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels and distributors.

The following manufacturers are covered in this report, with sales, revenue, market share for each company:
BioBag
Novolex
EnviGreen
BASF
Plastiroll
Sahachit
Xtex Polythene
RKW Group
Abbey Polythene
Sarah Bio Plast
Bulldog Bag
Symphony Polymers
Jiangsu Torise biomaterials
JUNER Plastic packaging

Market size by Product
Polylactic acid (PLA)
Polyhydroxyalkanoate (PHA)
Starch Blends
Others
Market size by End User
Food Packaging & Industrial Packaging
Convenient for Shopping
Garbage Containing
Others

Market size by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa

The study objectives of this report are:
To study and analyze the global Biodegradable Plastic Bags and Sacks market size (value & volume) by company, key regions, products and end user, breakdown data from 2014 to 2018, and forecast to 2025.
To understand the structure of Biodegradable Plastic Bags and Sacks market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Biodegradable Plastic Bags and Sacks companies, to define, describe and analyze the sales volume, value, market share, market competition landscape and recent development.
To project the value and sales volume of Biodegradable Plastic Bags and Sacks submarkets, with respect to key regions.
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.

In this study, the years considered to estimate the market size of Biodegradable Plastic Bags and Sacks are as follows:
History Year: 2014-2018
Base Year: 2018
Estimated Year: 2019
Forecast Year 2019 to 2025

This report includes the estimation of market size for value (million US$) and volume (MT). Both top-down and bottom-up approaches have been used to estimate and validate the market size of Biodegradable Plastic Bags and Sacks market, to estimate the size of various other dependent submarkets in the overall market. Key players in the market have been identified through secondary research, and their market shares have been determined through primary and secondary research. All percentage shares, splits, and breakdowns have been determined using secondary sources and verified primary sources.

For the data information by region, company, type and application, 2018 is considered as the base year. Whenever data information was unavailable for the base year, the prior year has been considered.