The global Eco-friendly Plastic Bags market was valued at 1260.69 Million USD in 2020 and will grow with a CAGR of 5.81% from 2020 to 2027, based on newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field evaluate their business approaches. Also, this report covers market segmentation by major market verdors, types, applications/end users and geography(North America, East Asia, Europe, South Asia, Southeast Asia, Middle East, Africa, Oceania, South America).
Eco-friendly Plastic Bags are created using materials that will allow the bags to completely decompose after a period of time. They are also called biodegradable plastic bags, most of which are said to decompose in three years, although many completely disintegrate in less time. The bags leave no discernible trace and are completely harmless to the environment. Biodegradable plastic bags require two key elements in order to decompose. The bags need to be exposed to oxygen and light. Therefore, biodegradable plastic bags do not start to decompose from the date of manufacture, only after they have been exposed to light and air.Global Eco-friendly Plastic Bags key players include BioBag, Walki Plastiroll Oy, RKW Group, Jiangsu Torise biomaterials, JUNER Plastic packaging, etc. Global top five manufacturers hold a share over 10%. Europe is the largest market, with a share about 55%, followed by North America and China, both have a share about 30 percent. In terms of product, Starch Blends is the largest segment, with a share over 45%. And in terms of application, the largest application is Convenient for Shopping, followed by Food Packaging.
By Market Verdors:
BioBag
Walki Plastiroll Oy
RKW Group
Jiangsu Torise biomaterials
JUNER Plastic packaging
Chnpack
Symphony Polymers
EnviGreen
XCBIO
Polybags
BioPak
Scanlux Packaging
By Types:
Polylactic acid (PLA)
Polyhydroxyalkanoate (PHA)
Starch Blends
By Applications:
Food Packaging
Industrial Packaging
Convenient for Shopping
Garbage Containing
Key Indicators Analysed
Market Players & Competitor Analysis: The report covers the key players of the industry including Company Profile, Product Specifications, Production Capacity/Sales, Revenue, Price and Gross Margin 2016-2027 & Sales with a thorough analysis of the market’s competitive landscape and detailed information on vendors and comprehensive details of factors that will challenge the growth of major market vendors.
Global and Regional Market Analysis: The report includes Global & Regional market status and outlook 2016-2027. Further the report provides break down details about each region & countries covered in the report. Identifying its sales, sales volume & revenue forecast. With detailed analysis by types and applications.
Market Trends: Market key trends which include Increased Competition and Continuous Innovations.
Opportunities and Drivers: Identifying the Growing Demands and New Technology
Porters Five Force Analysis: The report provides with the state of competition in industry depending on five basic forces: threat of new entrants, bargaining power of suppliers, bargaining power of buyers, threat of substitute products or services, and existing industry rivalry.
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1 Report Overview
1.1 Study Scope
1.2 Key Market Segments
1.3 Players Covered: Ranking by Eco-friendly Plastic Bags Revenue
1.4 Market Analysis by Type
1.4.1 Global Eco-friendly Plastic Bags Market Size Growth Rate by Type: 2021 VS 2027
1.4.2 Polylactic acid (PLA)
1.4.3 Polyhydroxyalkanoate (PHA)
1.4.4 Starch Blends
1.5 Market by Application
1.5.1 Global Eco-friendly Plastic Bags Market Share by Application: 2022-2027
1.5.2 Food Packaging
1.5.3 Industrial Packaging
1.5.4 Convenient for Shopping
1.5.5 Garbage Containing
1.6 Study Objectives
1.7 Years Considered
1.8 Overview of Global Eco-friendly Plastic Bags Market
1.8.1 Global Eco-friendly Plastic Bags Market Status and Outlook (2016-2027)
1.8.2 North America
1.8.3 East Asia
1.8.4 Europe
1.8.5 South Asia
1.8.6 Southeast Asia
1.8.7 Middle East
1.8.8 Africa
1.8.9 Oceania
1.8.10 South America
1.8.11 Rest of the World
2 Market Competition by Manufacturers
2.1 Global Eco-friendly Plastic Bags Production Capacity Market Share by Manufacturers (2016-2021)
2.2 Global Eco-friendly Plastic Bags Revenue Market Share by Manufacturers (2016-2021)
2.3 Global Eco-friendly Plastic Bags Average Price by Manufacturers (2016-2021)
2.4 Manufacturers Eco-friendly Plastic Bags Production Sites, Area Served, Product Type
3 Sales by Region
3.1 Global Eco-friendly Plastic Bags Sales Volume Market Share by Region (2016-2021)
3.2 Global Eco-friendly Plastic Bags Sales Revenue Market Share by Region (2016-2021)
3.3 North America Eco-friendly Plastic Bags Sales Volume
3.3.1 North America Eco-friendly Plastic Bags Sales Volume Growth Rate (2016-2021)
3.3.2 North America Eco-friendly Plastic Bags Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.4 East Asia Eco-friendly Plastic Bags Sales Volume
3.4.1 East Asia Eco-friendly Plastic Bags Sales Volume Growth Rate (2016-2021)
3.4.2 East Asia Eco-friendly Plastic Bags Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.5 Europe Eco-friendly Plastic Bags Sales Volume (2016-2021)
3.5.1 Europe Eco-friendly Plastic Bags Sales Volume Growth Rate (2016-2021)
3.5.2 Europe Eco-friendly Plastic Bags Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.6 South Asia Eco-friendly Plastic Bags Sales Volume (2016-2021)
3.6.1 South Asia Eco-friendly Plastic Bags Sales Volume Growth Rate (2016-2021)
3.6.2 South Asia Eco-friendly Plastic Bags Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.7 Southeast Asia Eco-friendly Plastic Bags Sales Volume (2016-2021)
3.7.1 Southeast Asia Eco-friendly Plastic Bags Sales Volume Growth Rate (2016-2021)
3.7.2 Southeast Asia Eco-friendly Plastic Bags Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.8 Middle East Eco-friendly Plastic Bags Sales Volume (2016-2021)
3.8.1 Middle East Eco-friendly Plastic Bags Sales Volume Growth Rate (2016-2021)
3.8.2 Middle East Eco-friendly Plastic Bags Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.9 Africa Eco-friendly Plastic Bags Sales Volume (2016-2021)
3.9.1 Africa Eco-friendly Plastic Bags Sales Volume Growth Rate (2016-2021)
3.9.2 Africa Eco-friendly Plastic Bags Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.10 Oceania Eco-friendly Plastic Bags Sales Volume (2016-2021)
3.10.1 Oceania Eco-friendly Plastic Bags Sales Volume Growth Rate (2016-2021)
3.10.2 Oceania Eco-friendly Plastic Bags Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.11 South America Eco-friendly Plastic Bags Sales Volume (2016-2021)
3.11.1 South America Eco-friendly Plastic Bags Sales Volume Growth Rate (2016-2021)
3.11.2 South America Eco-friendly Plastic Bags Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
3.12 Rest of the World Eco-friendly Plastic Bags Sales Volume (2016-2021)
3.12.1 Rest of the World Eco-friendly Plastic Bags Sales Volume Growth Rate (2016-2021)
3.12.2 Rest of the World Eco-friendly Plastic Bags Sales Volume Capacity, Revenue, Price and Gross Margin (2016-2021)
4 North America
4.1 North America Eco-friendly Plastic Bags Consumption by Countries
4.2 United States
4.3 Canada
4.4 Mexico
5 East Asia
5.1 East Asia Eco-friendly Plastic Bags Consumption by Countries
5.2 China
5.3 Japan
5.4 South Korea
6 Europe
6.1 Europe Eco-friendly Plastic Bags Consumption by Countries
6.2 Germany
6.3 United Kingdom
6.4 France
6.5 Italy
6.6 Russia
6.7 Spain
6.8 Netherlands
6.9 Switzerland
6.10 Poland
7 South Asia
7.1 South Asia Eco-friendly Plastic Bags Consumption by Countries
7.2 India
7.3 Pakistan
7.4 Bangladesh
8 Southeast Asia
8.1 Southeast Asia Eco-friendly Plastic Bags Consumption by Countries
8.2 Indonesia
8.3 Thailand
8.4 Singapore
8.5 Malaysia
8.6 Philippines
8.7 Vietnam
8.8 Myanmar
9 Middle East
9.1 Middle East Eco-friendly Plastic Bags Consumption by Countries
9.2 Turkey
9.3 Saudi Arabia
9.4 Iran
9.5 United Arab Emirates
9.6 Israel
9.7 Iraq
9.8 Qatar
9.9 Kuwait
9.10 Oman
10 Africa
10.1 Africa Eco-friendly Plastic Bags Consumption by Countries
10.2 Nigeria
10.3 South Africa
10.4 Egypt
10.5 Algeria
10.6 Morocco
11 Oceania
11.1 Oceania Eco-friendly Plastic Bags Consumption by Countries
11.2 Australia
11.3 New Zealand
12 South America
12.1 South America Eco-friendly Plastic Bags Consumption by Countries
12.2 Brazil
12.3 Argentina
12.4 Columbia
12.5 Chile
12.6 Venezuela
12.7 Peru
12.8 Puerto Rico
12.9 Ecuador
13 Rest of the World
13.1 Rest of the World Eco-friendly Plastic Bags Consumption by Countries
13.2 Kazakhstan
14 Sales Volume, Sales Revenue, Sales Price Trend by Type
14.1 Global Eco-friendly Plastic Bags Sales Volume Market Share by Type (2016-2021)
14.2 Global Eco-friendly Plastic Bags Sales Revenue Market Share by Type (2016-2021)
14.3 Global Eco-friendly Plastic Bags Sales Price by Type (2016-2021)
15 Consumption Analysis by Application
15.1 Global Eco-friendly Plastic Bags Consumption Volume by Application (2016-2021)
15.2 Global Eco-friendly Plastic Bags Consumption Value by Application (2016-2021)
16 Company Profiles and Key Figures in Eco-friendly Plastic Bags Business
16.1 BioBag
16.1.1 BioBag Company Profile
16.1.2 BioBag Eco-friendly Plastic Bags Product Specification
16.1.3 BioBag Eco-friendly Plastic Bags Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.2 Walki Plastiroll Oy
16.2.1 Walki Plastiroll Oy Company Profile
16.2.2 Walki Plastiroll Oy Eco-friendly Plastic Bags Product Specification
16.2.3 Walki Plastiroll Oy Eco-friendly Plastic Bags Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.3 RKW Group
16.3.1 RKW Group Company Profile
16.3.2 RKW Group Eco-friendly Plastic Bags Product Specification
16.3.3 RKW Group Eco-friendly Plastic Bags Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.4 Jiangsu Torise biomaterials
16.4.1 Jiangsu Torise biomaterials Company Profile
16.4.2 Jiangsu Torise biomaterials Eco-friendly Plastic Bags Product Specification
16.4.3 Jiangsu Torise biomaterials Eco-friendly Plastic Bags Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.5 JUNER Plastic packaging
16.5.1 JUNER Plastic packaging Company Profile
16.5.2 JUNER Plastic packaging Eco-friendly Plastic Bags Product Specification
16.5.3 JUNER Plastic packaging Eco-friendly Plastic Bags Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.6 Chnpack
16.6.1 Chnpack Company Profile
16.6.2 Chnpack Eco-friendly Plastic Bags Product Specification
16.6.3 Chnpack Eco-friendly Plastic Bags Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.7 Symphony Polymers
16.7.1 Symphony Polymers Company Profile
16.7.2 Symphony Polymers Eco-friendly Plastic Bags Product Specification
16.7.3 Symphony Polymers Eco-friendly Plastic Bags Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.8 EnviGreen
16.8.1 EnviGreen Company Profile
16.8.2 EnviGreen Eco-friendly Plastic Bags Product Specification
16.8.3 EnviGreen Eco-friendly Plastic Bags Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.9 XCBIO
16.9.1 XCBIO Company Profile
16.9.2 XCBIO Eco-friendly Plastic Bags Product Specification
16.9.3 XCBIO Eco-friendly Plastic Bags Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.10 Polybags
16.10.1 Polybags Company Profile
16.10.2 Polybags Eco-friendly Plastic Bags Product Specification
16.10.3 Polybags Eco-friendly Plastic Bags Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.11 BioPak
16.11.1 BioPak Company Profile
16.11.2 BioPak Eco-friendly Plastic Bags Product Specification
16.11.3 BioPak Eco-friendly Plastic Bags Production Capacity, Revenue, Price and Gross Margin (2016-2021)
16.12 Scanlux Packaging
16.12.1 Scanlux Packaging Company Profile
16.12.2 Scanlux Packaging Eco-friendly Plastic Bags Product Specification
16.12.3 Scanlux Packaging Eco-friendly Plastic Bags Production Capacity, Revenue, Price and Gross Margin (2016-2021)
17 Eco-friendly Plastic Bags Manufacturing Cost Analysis
17.1 Eco-friendly Plastic Bags Key Raw Materials Analysis
17.1.1 Key Raw Materials
17.2 Proportion of Manufacturing Cost Structure
17.3 Manufacturing Process Analysis of Eco-friendly Plastic Bags
17.4 Eco-friendly Plastic Bags Industrial Chain Analysis
18 Marketing Channel, Distributors and Customers
18.1 Marketing Channel
18.2 Eco-friendly Plastic Bags Distributors List
18.3 Eco-friendly Plastic Bags Customers
19 Market Dynamics
19.1 Market Trends
19.2 Opportunities and Drivers
19.3 Challenges
19.4 Porter's Five Forces Analysis
20 Production and Supply Forecast
20.1 Global Forecasted Production of Eco-friendly Plastic Bags (2022-2027)
20.2 Global Forecasted Revenue of Eco-friendly Plastic Bags (2022-2027)
20.3 Global Forecasted Price of Eco-friendly Plastic Bags (2016-2027)
20.4 Global Forecasted Production of Eco-friendly Plastic Bags by Region (2022-2027)
20.4.1 North America Eco-friendly Plastic Bags Production, Revenue Forecast (2022-2027)
20.4.2 East Asia Eco-friendly Plastic Bags Production, Revenue Forecast (2022-2027)
20.4.3 Europe Eco-friendly Plastic Bags Production, Revenue Forecast (2022-2027)
20.4.4 South Asia Eco-friendly Plastic Bags Production, Revenue Forecast (2022-2027)
20.4.5 Southeast Asia Eco-friendly Plastic Bags Production, Revenue Forecast (2022-2027)
20.4.6 Middle East Eco-friendly Plastic Bags Production, Revenue Forecast (2022-2027)
20.4.7 Africa Eco-friendly Plastic Bags Production, Revenue Forecast (2022-2027)
20.4.8 Oceania Eco-friendly Plastic Bags Production, Revenue Forecast (2022-2027)
20.4.9 South America Eco-friendly Plastic Bags Production, Revenue Forecast (2022-2027)
20.4.10 Rest of the World Eco-friendly Plastic Bags Production, Revenue Forecast (2022-2027)
20.5 Forecast by Type and by Application (2022-2027)
20.5.1 Global Sales Volume, Sales Revenue and Sales Price Forecast by Type (2022-2027)
20.5.2 Global Forecasted Consumption of Eco-friendly Plastic Bags by Application (2022-2027)
21 Consumption and Demand Forecast
21.1 North America Forecasted Consumption of Eco-friendly Plastic Bags by Country
21.2 East Asia Market Forecasted Consumption of Eco-friendly Plastic Bags by Country
21.3 Europe Market Forecasted Consumption of Eco-friendly Plastic Bags by Countriy
21.4 South Asia Forecasted Consumption of Eco-friendly Plastic Bags by Country
21.5 Southeast Asia Forecasted Consumption of Eco-friendly Plastic Bags by Country
21.6 Middle East Forecasted Consumption of Eco-friendly Plastic Bags by Country
21.7 Africa Forecasted Consumption of Eco-friendly Plastic Bags by Country
21.8 Oceania Forecasted Consumption of Eco-friendly Plastic Bags by Country
21.9 South America Forecasted Consumption of Eco-friendly Plastic Bags by Country
21.10 Rest of the world Forecasted Consumption of Eco-friendly Plastic Bags by Country
22 Research Findings and Conclusion
23 Methodology and Data Source
23.1 Methodology/Research Approach
23.1.1 Research Programs/Design
23.1.2 Market Size Estimation
23.1.3 Market Breakdown and Data Triangulation
23.2 Data Source
23.2.1 Secondary Sources
23.2.2 Primary Sources
23.3 Disclaimer
Methodology/Research Approach
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.Research Programs/Design
Historical Data (2015-2019) |
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Influencing Factors |
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Market Forecast (2021-2026) |
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Market Size Estimation
Top-down and bottom-up approaches are used to validate the global Voluntary Carbon Offset market size market and estimate the market size for Company, regions segments, product segments and Application (end users).
The market estimations in this report are based on the marketed sale price of Voluntary Carbon Offset (excluding any discounts provided by the player, distributor, wholesaler or traders). The percentage splits, market share, and breakdowns of the product segments are derived on the basis of weights assigned to each of the segments on the basis of their utilization rate and average sale price. The regional splits of the overall Voluntary Carbon Offset market and its sub-segments are based on the percentage adoption or utilization of the given product in the respective region or country.
Major Company in the market is identified through secondary research and their market revenues determined through primary and secondary research. Secondary research included the research of the annual and financial reports of the top Company; whereas, primary research included extensive interviews of key opinion leaders and industry experts such as experienced front-line staff, directors, CEOs and marketing executives. The percentage splits, market share, Growth Rate and breakdowns of the product markets are determined through using secondary sources and verified through the primary sources.
All possible factors that influence the markets included in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data. The market size for top-level markets and sub-segments is normalized, and the effect of inflation, economic downturns, and regulatory & policy changes or other factors are not accounted for in the market forecast. This data is combined and added with detailed inputs and analysis from Market Intellix and presented in this report
The following figure shows an illustrative representation of the overall market size estimation process used for this study.
Market Breakdown and Data Triangulation
After complete market engineering with calculations for market statistics; market size estimations; market forecasting; market breakdown; and data triangulation, extensive primary research was conducted to gather information and verify and validate the critical numbers arrived at. In the complete market engineering process, both top-down and bottom-up approaches were extensively used, along with several data triangulation methods, to perform market estimation and market forecasting for the overall market segments and sub-segments listed in this report. Extensive qualitative and further quantitative analysis is also done from all the numbers arrived at in the complete market engineering process to list key information throughout the report.
Data Source
Secondary Sources
Secondary sources include such as press releases, annual reports, non-profit organizations, industry associations, governmental agencies and customs data, etc. This research study involves the usage of widespread secondary sources, directories, databases such as Bloomberg Business, Wind Info, Hoovers, Factiva (Dow Jones & Company), and TRADING ECONOMICS, and News Network, statista, Federal Reserve Economic Data, annual reports, BIS Statistics, ICIS; company house documents; CAS(American Chemical Society); investor presentations; and SEC filings of companies. Secondary research was used to identify and collect information useful for the extensive, technical, market-oriented, and Hospitals study of the Voluntary Carbon Offset market. It was also used to obtain important information about the top companies, market classification and segmentation according to industry trends to the bottom-most level, and key developments related to market and technology perspectives.
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Qualitative Analysis |
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Primary Sources
In the primary research process, various sources from both the supply and demand sides were interviewed to obtain qualitative and quantitative information for this report. The primary sources from the supply side include product Company (and their competitors), opinion leaders, industry experts, research institutions, distributors, dealer and traders, as well as the raw materials suppliers and producers, etc.
The primary sources from the demand side include industry experts such as business leaders, marketing and sales directors, technology and innovation directors, supply chain executive, end use (product buyers), and related key executives from various key companies and organizations operating in the global market.
Primary research was conducted to identify segmentation Type, product price range, product Application, key Company, raw materials supply and the downstream demand, industry status and outlook, and key market dynamics such as risks, influence factors, opportunities, market barriers, industry trends, and key player strategies.
Key Executives Interviewed
Key Data Information from Primary Sources
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