Biodegradable films Market Report Scope & Overview:

The Biodegradable Films Market Size was valued at USD 1.16 billion in 2023. It is projected to reach USD 2.06 billion by 2031 and grow at a CAGR of 7.3% over the forecast period 2024-2031.

The growth of the biodegradable film market is propelled by escalating environmental concerns and tightening regulations against plastic pollution. Increased consumer preference for sustainable packaging solutions is driving demand. Technological advancements in biopolymer production are enhancing film properties and cost-effectiveness, further stimulating market expansion. Growing awareness about the environmental impact of traditional plastics is accelerating the adoption of biodegradable alternatives. Additionally, the versatility of biodegradable films across industries like food, agriculture, and cosmetics is broadening market opportunities and sustaining growth momentum.

Biodegradable Films Market Revenue Analysis

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Market Dynamics


  • Increasing environmental concerns and regulations aimed at reducing plastic pollution.

  • Versatility of biodegradable films across various industries

The wide-ranging applicability of biodegradable films across industries such as food packaging, agriculture, pharmaceuticals, and more drives their market growth. Their ability to provide sustainable packaging solutions while meeting industry-specific requirements makes them indispensable in today's environmentally conscious market landscape. This versatility not only meets diverse needs but also fuels continuous demand and innovation, positioning biodegradable films as a leading solution in the market.


  • Higher production costs of biodegradable films as compared to conventional plastic films


  • Growing awareness about the harmful effects of traditional plastics on ecosystems.

  • Rising demand for biodegradable packaging materials in emerging economies.


  • Concerns regarding the shelf life and performance of biodegradable films compared to traditional plastics.

Concerns over the shelf life and performance of biodegradable films pose a significant restraint for the market. While biodegradable films offer eco-friendly alternatives, questions about their durability and functionality compared to traditional plastics hinder widespread adoption. Addressing these concerns through research and development to improve the longevity and performance of biodegradable films is crucial for overcoming this restraint and ensuring market growth in the long term.

Impact of Russia-Ukraine War:

The Russia-Ukraine war has disrupted the supply of key raw materials like polyethylene, crucial for biodegradable film production, leading to shortages and price hikes. Global economic uncertainty stemming from the conflict may prompt businesses to curtail investments in sustainable packaging solutions like biodegradable films. Additionally, economic sanctions and the subsequent rise in crude oil prices, exceeding $100 per barrel, have increased resin pricing. PE suppliers had implemented a per-pound price increase of 4 cents in March, with another 6-cent increase for Q2 2022. This price volatility could hinder the adoption and growth of biodegradable films in the market, potentially delaying sustainable packaging initiatives across industries.

Impact of Economic Downturn:

During economic downturns, consumer prioritization of essential spending over discretionary items may reduce demand for products packaged with biodegradable films, particularly if they entail a premium compared to traditional packaging. Businesses, facing financial constraints, are likely to curtail investments, including those in sustainable packaging solutions like biodegradable films, thereby slowing their adoption and impeding market growth. Moreover, economic downturns can tighten access to credit for businesses, limiting their capacity to invest in innovative technologies and production lines for biodegradable films, further hindering market expansion.

Market Segmentation

By Type

  • PLA

  • PHA

  • Starch Blends

  • Biodegradable Polyesters

  • PBAT

  • PCL

  • PBS

  • Others

The starch blend type segment dominated the Biodegradable Films Market and held the highest revenue share of more than 39.5% in 2023 attributed to its excellent biodegradability, cost-effectiveness, and versatility. Starch-based blends offer a balance between performance and environmental sustainability, making them preferred choices for various packaging applications. Additionally, advancements in starch blend formulations and processing techniques have further enhanced their market appeal, driving their widespread adoption and revenue contribution.

By Application

  • Food Packaging

  • Cosmetic & Personal Care Products Packaging

  • Agriculture & Horticulture

  • Industrial Packaging

  • Others

The food Packaging segment is expected to be the dominant application segment of the Biodegradable Films Market during the forecast period of 2024-2031 owing to heightened consumer demand for sustainable packaging solutions in the food industry. Regulatory initiatives mandating eco-friendly packaging practices are also propelling the adoption of biodegradable films. Additionally, advancements in biodegradable film technology tailored specifically for food packaging applications are enhancing product performance, durability, and shelf life, driving the dominance of this segment in the forecast period.

Biodegradable Films Market By-Application

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Regional Analysis

Europe dominated the Biodegradable Films Market with the highest revenue share of more than 40% in 2023. This is attributed to stringent regulatory frameworks favoring sustainable packaging solutions and fostering consumer awareness regarding environmental conservation. Moreover, the region's robust infrastructure for recycling and waste management enhances the adoption of biodegradable films. Additionally, increasing consumer preference for eco-friendly products further solidifies Europe's position as a key market player in the biodegradable films sector.

Asia Pacific is expected to grow at the highest CAGR in the Biodegradable Films Market during the forecast period. These include increasing consumer awareness about environmental sustainability, stringent regulations promoting eco-friendly packaging solutions, and the region's rapid industrialization driving demand for biodegradable films. Moreover, rising disposable incomes and shifting consumer preferences towards sustainable products further accelerate market growth in Asia Pacific.



North America

  • US

  • Canada

  • Mexico


  • Eastern Europe

    • Poland

    • Romania

    • Hungary

    • Turkey

    • Rest of Eastern Europe

  • Western Europe

    • Germany

    • France

    • UK

    • Italy

    • Spain

    • Netherlands

    • Switzerland

    • Austria

    • Rest of Western Europe

Asia Pacific

  • China

  • India

  • Japan

  • South Korea

  • Vietnam

  • Singapore

  • Australia

  • Rest of Asia Pacific

Middle East & Africa

  • Middle East

    • UAE

    • Egypt

    • Saudi Arabia

    • Qatar

    • Rest of the Middle East

  • Africa

    • Nigeria

    • South Africa

    • Rest of Africa

Latin America

  • Brazil

  • Argentina

  • Colombia

  • Rest of Latin America

Key Players:

BASF SE, Taghleef Industries, Kingfa Sci. & Tech. Co., Ltd., BioBag Americas, Inc., Avery Dennison Corporation, Bi-Ax International Inc., Cortec Corporation, Clondalkin Group, Paco Label, Layfield Group, and Polystar Plastics Ltd., Futamura Chemical Co. Ltd., Walki Group Oy, Plascon Group, Groupe Barbier, TRIOWORLD INDUSTRIER AB, and Others.

Taghleef Industries-Company Financial Analysis

Company Landscape Analysis

Recent Development:

  • In August 2022, Avery Dennison Labels and Packaging Materials took a significant step forward in promoting the circular economy in packaging by introducing two MDO film products with post-consumer recycled content. The new rMDO white and rMDO clear filmic face stocks offer brands the opportunity to enhance packaging sustainability and stay ahead of evolving regulations for a wide range of household, personal care, cosmetic, and food products.

  • In July 2022, Cortec Corporation achieved industrial composability certification for its environmentally friendly Eco Film.

  • In July 2020, Carbiolice, a French start-up specializing in biobased, biodegradable, and compostable plastic solutions, partnered with agricultural film manufacturer Barbier Group to develop a new PLA-based mulch film.

Biodegradable Films Market Report Scope:
Report Attributes Details
Market Size in 2023 US$ 1.16 Billion
Market Size by 2031 US$ 2.06 Billion
CAGR CAGR of 7.3% From 2023 to 2030
Base Year 2023
Forecast Period 2024-2031
Historical Data 2020-2022
Report Scope & Coverage Market Size, Segments Analysis, Competitive  Landscape, Regional Analysis, DROC & SWOT Analysis, Forecast Outlook
Key Segments • By Type (PLA, PHA, Starch Blends, Biodegradable Polyesters, and Others)
• By Application (Food Packaging, Cosmetic & Personal Care Products Packaging, Agriculture & Horticulture, Industrial Packaging, and Others)
Regional Analysis/Coverage North America (US, Canada, Mexico), Europe (Eastern Europe [Poland, Romania, Hungary, Turkey, Rest of Eastern Europe] Western Europe] Germany, France, UK, Italy, Spain, Netherlands, Switzerland, Austria, Rest of Western Europe]), Asia Pacific (China, India, Japan, South Korea, Vietnam, Singapore, Australia, Rest of Asia Pacific), Middle East & Africa (Middle East [UAE, Egypt, Saudi Arabia, Qatar, Rest of Middle East], Africa [Nigeria, South Africa, Rest of Africa], Latin America (Brazil, Argentina, Colombia, Rest of Latin America)
Company Profiles BASF SE, Taghleef Industries, Kingfa Sci. & Tech. Co., Ltd., BioBag Americas, Inc., Avery Dennison Corporation, Bi-Ax International Inc., Cortec Corporation, Clondalkin Group, Paco Label
Key Drivers
• Increasing environmental concerns and regulations aimed at reducing plastic pollution.
• Versatility of biodegradable films across various industries
RESTRAINTS • Higher production costs of biodegradable films as compared to conventional plastic films

Frequently Asked Questions

Ans. The Compound Annual Growth rate for the Biodegradable Films Market over the forecast period is 7.3%.

Ans. The projected market size for the Biodegradable Films Market is USD 2.06 billion by 2031.

Ans: China dominated the Asia Pacific region in the Biodegradable Films Market with the highest revenue share in 2023.

Ans: The primary factors restraining the Biodegradable Films Market include concerns about the shelf life and performance compared to traditional plastics, as well as higher production costs associated with biodegradable materials.

Ans: Opportunities for the Biodegradable Films Market include increasing consumer demand for sustainable packaging solutions and the growing trend towards environmentally friendly products across various industries.


1. Introduction
1.1 Market Definition
1.2 Scope
1.3 Research Assumptions

2. Industry Flowchart

3. Research Methodology

4. Market Dynamics
4.1 Drivers
4.2 Restraints
4.4 Opportunities
4.4 Challenges

5. Impact Analysis
5.1 Impact of Russia-Ukraine War
5.2 Impact of Economic Slowdown
5.2.1 Introduction
5.2.2 Impact on major economies US Canada Germany France United Kingdom China Japan South Korea India

6. Value Chain Analysis

7. Porter’s 5 forces model

8. PEST Analysis

9. Average Selling Price
9.1 North America
9.2 Europe
9.3 Asia Pacific
9.4 Latin America
9.5 Middle East & Africa

10. Biodegradable Films Market Segmentation, By Type
10.1 Introduction
10.2 Trend Analysis
10.3 PLA
10.4 PHA
10.5 Starch Blends
10.6 Biodegradable Polyesters
10.6.1 PBAT
10.6.2 PCL
10.6.3 PBS
10.7 Others

11. Biodegradable Films Market Segmentation, By Application
11.1 Introduction
11.2 Trend Analysis
11.3 Food Packaging
11.4 Cosmetic & Personal Care Products Packaging
11.5 Agriculture & Horticulture
11.6 Industrial Packaging
11.7 Others

12. Regional Analysis
12.1 Introduction
12.2 North America
12.2.1 USA
12.2.2 Canada
12.2.3 Mexico
12.3 Europe
12.3.1 Eastern Europe Poland Romania Hungary Turkey Rest of Eastern Europe
12.3.2 Western Europe Germany France UK Italy Spain Netherlands Switzerland Austria Rest of Western Europe
12.4 Asia-Pacific
12.4.1 China
12.4.2 India
12.4.3 Japan
12.4.4 South Korea
12.4.5 Vietnam
12.4.6 Singapore
12.4.7 Australia
12.4.8 Rest of Asia Pacific
12.5 The Middle East & Africa
12.5.1 Middle East UAE Egypt Saudi Arabia Qatar Rest of the Middle East
12.5.2 Africa Nigeria South Africa Rest of Africa
12.6 Latin America
12.6.1 Brazil
12.6.2 Argentina
12.6.3 Colombia
12.6.4 Rest of Latin America

13 Company Profile
13.1 BASF SE

13.1.1 Company Overview
13.1.2 Financials
13.1.3 Product/Services Offered
13.1.4 SWOT Analysis
13.1.5 The SNS View
13.2 Taghleef Industries
13.2.1 Company Overview
13.2.2 Financials
13.2.3 Product/Services Offered
13.2.4 SWOT Analysis
13.2.5 The SNS View
13.3 Kingfa Sci. & Tech. Co. Ltd.
13.3.1 Company Overview
13.3.2 Financials
13.3.3 Product/Services Offered
13.3.4 SWOT Analysis
13.3.5 The SNS View
13.4 BioBag Americas, Inc.
13.4 Company Overview
13.4.2 Financials
13.4.3 Product/Services Offered
13.4.4 SWOT Analysis
13.4.5 The SNS View
13.5 Avery Dennison Corporation
13.5.1 Company Overview
13.5.2 Financials
13.5.3 Product/Services Offered
13.5.4 SWOT Analysis
13.5.5 The SNS View
13.6 Bi-Ax International Inc.
13.6.1 Company Overview
13.6.2 Financials
13.6.3 Product/Services Offered
13.6.4 SWOT Analysis
13.6.5 The SNS View
13.7 Cortec Corporation
13.7.1 Company Overview
13.7.2 Financials
13.7.3 Product/Services Offered
13.7.4 SWOT Analysis
13.7.5 The SNS View
13.8 Clondalkin Group
13.8.1 Company Overview
13.8.2 Financials
13.8.3 Product/Services Offered
13.8.4 SWOT Analysis
13.8.5 The SNS View
13.9 Paco Label
13.9.1 Company Overview
13.9.2 Financials
13.9.3 Product/Services Offered
13.9.4 SWOT Analysis
13.9.5 The SNS View

13.10 Layfield Group

13.10.1 Company Overview

13.10.2 Financials

13.10.3 Product/Services Offered

13.10.4 SWOT Analysis

13.10.5 The SNS View

13.11 Polystar Plastics Ltd.

13.11.1 Company Overview

13.11.2 Financials

13.11.3 Product/Services Offered

13.11.4 SWOT Analysis

13.11.5 The SNS View

13.12 Futamura Chemical Co. Ltd.

13.12.1 Company Overview

13.12.2 Financials

13.12.3 Product/Services Offered

13.12.4 SWOT Analysis

13.12.5 The SNS View

13.13 Walki Group Oy

13.13.1 Company Overview

13.13.2 Financials

13.13.3 Product/Services Offered

13.13.4 SWOT Analysis

13.13.5 The SNS View

13.14 Plascon Group

13.14.1 Company Overview

13.14.2 Financials

13.14.3 Product/Services Offered

13.14.4 SWOT Analysis

13.14.5 The SNS View

13.15 Groupe Barbier

13.15.1 Company Overview

13.15.2 Financials

13.15.3 Product/Services Offered

13.15.4 SWOT Analysis

13.15.5 The SNS View


13.16.1 Company Overview

13.16.2 Financials

13.16.3 Product/Services Offered

13.16.4 SWOT Analysis

13.16.5 The SNS View

14. Competitive Landscape
14.1 Competitive Benchmarking
14.2 Market Share Analysis
14.3 Recent Developments
14.3.1 Industry News
14.3.2 Company News
14.3.3 Mergers & Acquisitions

15. USE Cases and Best Practices

16. Conclusion

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Secondary Research

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Primary Research

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Data Bank Validation

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