| Product Code: ETC5248856 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Shubham Padhi | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Bulgaria saw a diverse range of biodegradable plastics imports, with top exporters being Serbia, Greece, Cyprus, Austria, and Italy. The low Herfindahl-Hirschman Index (HHI) indicates a competitive Market Top 5 Importing Countries and Market Competition (HHI) Analysis landscape. Despite a strong compound annual growth rate (CAGR) of 5.22% from 2020 to 2024, there was a significant decline in growth rate from 2023 to 2024 at -40.9%. This fluctuation suggests a dynamic Market Top 5 Importing Countries and Market Competition (HHI) Analysis environment that importers and stakeholders in the biodegradable plastics industry in Bulgaria should closely monitor for potential shifts and opportunities.

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 Bulgaria Biodegradable Plastics Market Overview |
3.1 Bulgaria Country Macro Economic Indicators |
3.2 Bulgaria Biodegradable Plastics Market Revenues & Volume, 2021 & 2031F |
3.3 Bulgaria Biodegradable Plastics Market - Industry Life Cycle |
3.4 Bulgaria Biodegradable Plastics Market - Porter's Five Forces |
3.5 Bulgaria Biodegradable Plastics Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.6 Bulgaria Biodegradable Plastics Market Revenues & Volume Share, By End-Use, 2021 & 2031F |
4 Bulgaria Biodegradable Plastics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness and demand for eco-friendly products |
4.2.2 Stringent environmental regulations promoting the use of biodegradable plastics |
4.2.3 Growing focus on sustainable packaging solutions in various industries |
4.3 Market Restraints |
4.3.1 Higher production costs compared to conventional plastics |
4.3.2 Limited availability of raw materials for biodegradable plastics production |
4.3.3 Lack of standardized certification processes for biodegradable products |
5 Bulgaria Biodegradable Plastics Market Trends |
6 Bulgaria Biodegradable Plastics Market Segmentations |
6.1 Bulgaria Biodegradable Plastics Market, By Type |
6.1.1 Overview and Analysis |
6.1.2 Bulgaria Biodegradable Plastics Market Revenues & Volume, By PLA, 2021-2031F |
6.1.3 Bulgaria Biodegradable Plastics Market Revenues & Volume, By Starch Blends, 2021-2031F |
6.1.4 Bulgaria Biodegradable Plastics Market Revenues & Volume, By PHA, 2021-2031F |
6.1.5 Bulgaria Biodegradable Plastics Market Revenues & Volume, By Biodegradable Polyesters, 2021-2031F |
6.1.6 Bulgaria Biodegradable Plastics Market Revenues & Volume, By Others, 2021-2031F |
6.2 Bulgaria Biodegradable Plastics Market, By End-Use |
6.2.1 Overview and Analysis |
6.2.2 Bulgaria Biodegradable Plastics Market Revenues & Volume, By Packaging, 2021-2031F |
6.2.3 Bulgaria Biodegradable Plastics Market Revenues & Volume, By Consumer Goods, 2021-2031F |
6.2.4 Bulgaria Biodegradable Plastics Market Revenues & Volume, By Textiles, 2021-2031F |
6.2.5 Bulgaria Biodegradable Plastics Market Revenues & Volume, By Agriculture & Horticulture, 2021-2031F |
7 Bulgaria Biodegradable Plastics Market Import-Export Trade Statistics |
7.1 Bulgaria Biodegradable Plastics Market Export to Major Countries |
7.2 Bulgaria Biodegradable Plastics Market Imports from Major Countries |
8 Bulgaria Biodegradable Plastics Market Key Performance Indicators |
8.1 Percentage of companies adopting biodegradable plastics in their packaging solutions |
8.2 Number of government policies supporting the use of biodegradable plastics |
8.3 Growth in research and development investments in biodegradable plastics technologies |
9 Bulgaria Biodegradable Plastics Market - Opportunity Assessment |
9.1 Bulgaria Biodegradable Plastics Market Opportunity Assessment, By Type, 2021 & 2031F |
9.2 Bulgaria Biodegradable Plastics Market Opportunity Assessment, By End-Use, 2021 & 2031F |
10 Bulgaria Biodegradable Plastics Market - Competitive Landscape |
10.1 Bulgaria Biodegradable Plastics Market Revenue Share, By Companies, 2024 |
10.2 Bulgaria Biodegradable Plastics Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations | 13 Disclaimer |
Export potential enables firms to identify high-growth global markets with greater confidence by combining advanced trade intelligence with a structured quantitative methodology. The framework analyzes emerging demand trends and country-level import patterns while integrating macroeconomic and trade datasets such as GDP and population forecasts, bilateral import–export flows, tariff structures, elasticity differentials between developed and developing economies, geographic distance, and import demand projections. Using weighted trade values from 2020–2024 as the base period to project country-to-country export potential for 2030, these inputs are operationalized through calculated drivers such as gravity model parameters, tariff impact factors, and projected GDP per-capita growth. Through an analysis of hidden potentials, demand hotspots, and market conditions that are most favorable to success, this method enables firms to focus on target countries, maximize returns, and global expansion with data, backed by accuracy.
By factoring in the projected importer demand gap that is currently unmet and could be potential opportunity, it identifies the potential for the Exporter (Country) among 190 countries, against the general trade analysis, which identifies the biggest importer or exporter.
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