The global Eco-friendly Plastic Bags market was valued at 1227.91 Million USD in 2021 and will grow with a CAGR of 5.91% from 2021 to 2027, based on Research 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:
Walki Plastiroll Oy
Jiangsu Torise biomaterials
JUNER Plastic packaging
Polylactic acid (PLA)
Convenient for Shopping
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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Table of content
Chapter 1 Industry Overview
1.3 Research Scope
1.4 Market Analysis by Regions
1.4.1 North America Market States and Outlook (2022-2027)
1.4.2 East Asia Market States and Outlook (2022-2027)
1.4.3 Europe Market States and Outlook (2022-2027)
1.4.4 South Asia Market States and Outlook (2022-2027)
1.4.5 Southeast Asia Market States and Outlook (2022-2027)
1.4.6 Middle East Market States and Outlook (2022-2027)
1.4.7 Africa Market States and Outlook (2022-2027)
1.4.8 Oceania Market States and Outlook (2022-2027)
1.4.9 South America Market States and Outlook (2022-2027)
1.5 Global Eco-friendly Plastic Bags Market Size Analysis from 2022 to 2027
1.5.1 Global Eco-friendly Plastic Bags Market Size Analysis from 2022 to 2027 by Consumption Volume
1.5.2 Global Eco-friendly Plastic Bags Market Size Analysis from 2022 to 2027 by Value
1.5.3 Global Eco-friendly Plastic Bags Price Trends Analysis from 2022 to 2027
1.6 COVID-19 Outbreak: Eco-friendly Plastic Bags Industry Impact
Chapter 2 Global Eco-friendly Plastic Bags Competition by Types, Applications, and Top Regions and Countries
2.1 Global Eco-friendly Plastic Bags (Volume and Value) by Type
2.1.1 Global Eco-friendly Plastic Bags Consumption and Market Share by Type (2016-2021)
2.1.2 Global Eco-friendly Plastic Bags Revenue and Market Share by Type (2016-2021)
2.2 Global Eco-friendly Plastic Bags (Volume and Valu
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