| Product Code: ETC5259629 | Publication Date: Nov 2023 | Updated Date: Oct 2025 | Product Type: Market Research Report | |
| Publisher: 6Wresearch | Author: Ravi Bhandari | No. of Pages: 60 | No. of Figures: 30 | No. of Tables: 5 |
In 2024, Bulgaria continued to see a steady flow of compostable plastic imports, with key suppliers including Germany, Turkey, Poland, Greece, and China. The Market Top 5 Importing Countries and Market Competition (HHI) Analysis remained competitive as indicated by the low Herfindahl-Hirschman Index (HHI) concentration. Despite a slight decline in the growth rate from 2023 to 2024, the compound annual growth rate (CAGR) over the period of 2020-2024 stood at a healthy 11.15%. This data suggests a resilient Market Top 5 Importing Countries and Market Competition (HHI) Analysis with potential for further expansion and diversification in the coming years.

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 Compostable Plastic Market Overview |
3.1 Bulgaria Country Macro Economic Indicators | 3.2 Bulgaria Compostable Plastic Market Revenues & Volume, 2021 & 2031F | 3.3 Bulgaria Compostable Plastic Market - Industry Life Cycle | 3.4 Bulgaria Compostable Plastic Market - Porter's Five Forces | 3.5 Bulgaria Compostable Plastic Market Revenues & Volume Share, By Type , 2021 & 2031F | 3.6 Bulgaria Compostable Plastic Market Revenues & Volume Share, By End-Use , 2021 & 2031F | 3.7 Bulgaria Compostable Plastic Market Revenues & Volume Share, By Sales Channel , 2021 & 2031F | 4 Bulgaria Compostable Plastic Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about environmental issues and the benefits of using compostable plastics |
4.2.2 Stringent government regulations promoting the use of eco-friendly alternatives to traditional plastics |
4.2.3 Growing demand from industries such as packaging, food services, and agriculture for sustainable packaging solutions |
4.3 Market Restraints |
4.3.1 Higher production costs associated with compostable plastics compared to conventional plastics |
4.3.2 Limited availability and higher prices of raw materials for manufacturing compostable plastics |
4.3.3 Lack of infrastructure and facilities for composting and recycling compostable plastics in Bulgaria | 5 Bulgaria Compostable Plastic Market Trends | 6 Bulgaria Compostable Plastic Market, By Types | 6.1 Bulgaria Compostable Plastic Market, By Type |
6.1.1 Overview and Analysis | 6.1.2 Bulgaria Compostable Plastic Market Revenues & Volume, By Type , 2021-2031F | 6.1.3 Bulgaria Compostable Plastic Market Revenues & Volume, By Home Compostable Plastic, 2021-2031F | 6.1.4 Bulgaria Compostable Plastic Market Revenues & Volume, By Others, 2021-2031F | 6.2 Bulgaria Compostable Plastic Market, By End-Use |
6.2.1 Overview and Analysis | 6.2.2 Bulgaria Compostable Plastic Market Revenues & Volume, By Bags, 2021-2031F | 6.2.3 Bulgaria Compostable Plastic Market Revenues & Volume, By Agriculture and Horticulture, 2021-2031F | 6.2.4 Bulgaria Compostable Plastic Market Revenues & Volume, By Medical Devices, 2021-2031F | 6.2.5 Bulgaria Compostable Plastic Market Revenues & Volume, By Automotive, 2021-2031F | 6.2.6 Bulgaria Compostable Plastic Market Revenues & Volume, By Consumer Electronics, 2021-2031F | 6.2.7 Bulgaria Compostable Plastic Market Revenues & Volume, By Disposable Housewares, 2021-2031F | 6.3 Bulgaria Compostable Plastic Market, By Sales Channel |
6.3.1 Overview and Analysis | 6.3.2 Bulgaria Compostable Plastic Market Revenues & Volume, By Direct Company Sale , 2021-2031F | 6.3.3 Bulgaria Compostable Plastic Market Revenues & Volume, By Direct Import , 2021-2031F | 6.3.4 Bulgaria Compostable Plastic Market Revenues & Volume, By Distributors , 2021-2031F | 6.3.5 Bulgaria Compostable Plastic Market Revenues & Volume, By Traders, 2021-2031F | 7 Bulgaria Compostable Plastic Market Import-Export Trade Statistics | 7.1 Bulgaria Compostable Plastic Market Export to Major Countries | 7.2 Bulgaria Compostable Plastic Market Imports from Major Countries | 8 Bulgaria Compostable Plastic Market Key Performance Indicators | 9 Bulgaria Compostable Plastic Market - Opportunity Assessment | 9.1 Bulgaria Compostable Plastic Market Opportunity Assessment, By Type , 2021 & 2031F | 9.2 Bulgaria Compostable Plastic Market Opportunity Assessment, By End-Use , 2021 & 2031F | 9.3 Bulgaria Compostable Plastic Market Opportunity Assessment, By Sales Channel , 2021 & 2031F | 10 Bulgaria Compostable Plastic Market - Competitive Landscape | 10.1 Bulgaria Compostable Plastic Market Revenue Share, By Companies, 2024 | 10.2 Bulgaria Compostable Plastic 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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