Product Code: ETC13298470 | Publication Date: Apr 2025 | Updated Date: Jul 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | Author: Sachin Kumar Rai | No. of Pages: 190 | No. of Figures: 80 | No. of Tables: 40 |
According to 6Wresearch internal database and industry insights, the Global Compostable Plastics Market was valued at USD 3.7 Billion in 2024 and is expected to reach USD 7.9 Billion by 2031, growing at a compound annual growth rate of 6.26% during the forecast period (2025-2031).
The Global Compostable Plastics Market is witnessing significant growth driven by the increasing awareness about environmental sustainability and the rising demand for eco-friendly packaging solutions. Compostable plastics, derived from renewable resources like corn starch or sugarcane, are gaining popularity as they can decompose into natural elements in composting facilities, reducing the burden on landfills. The market is also benefiting from stringent regulations promoting the use of biodegradable materials and the growing preference for sustainable products among consumers. Key players in the market are investing in research and development to improve the performance and cost-effectiveness of compostable plastics, further fueling market growth. The Asia-Pacific region is expected to witness the highest growth in the market due to increasing environmental concerns and government initiatives promoting sustainable practices.
The Global Compostable Plastics Market is experiencing significant growth driven by the increasing awareness of environmental issues and the shift towards sustainable packaging solutions. Consumers are demanding eco-friendly alternatives to traditional plastics, leading to a rise in the adoption of compostable plastics by various industries such as packaging, food service, and agriculture. Government regulations promoting the use of compostable materials further propel market growth. Opportunities lie in the development of innovative compostable plastic materials with enhanced properties, expanding applications in various sectors, and strategic partnerships to improve market penetration. The market is also witnessing investments in research and development to improve the performance and cost-effectiveness of compostable plastics, presenting a promising outlook for the industry`s future growth.
The Global Compostable Plastics Market faces several challenges, including limited infrastructure for composting facilities in many regions, which hinders the proper disposal and decomposition of compostable plastics. There is also a lack of awareness among consumers and businesses about the availability and benefits of compostable plastics, leading to lower demand and adoption rates. Additionally, the higher cost of production compared to traditional plastics poses a challenge for manufacturers looking to scale up production and remain competitive in the market. Regulatory uncertainties and varying standards for compostable plastics across different countries further complicate the market landscape, making it difficult for companies to navigate and comply with regulations while ensuring product quality and performance. Addressing these challenges will be crucial for the sustainable growth of the Global Compostable Plastics Market.
The Global Compostable Plastics Market is being primarily driven by the increasing awareness and concern for environmental issues, particularly the growing problem of plastic pollution. Consumers and regulatory bodies are increasingly demanding sustainable and eco-friendly alternatives to traditional plastics, leading to a surge in demand for compostable plastics. Additionally, the adoption of strict regulations and policies by governments worldwide to reduce single-use plastics and promote sustainable practices is further propelling the market growth. The rising focus on circular economy models and the shift towards biodegradable materials in various industries such as packaging, consumer goods, and agriculture are also contributing to the expansion of the compostable plastics market. Overall, the market is driven by the need for sustainable solutions to mitigate the environmental impact of plastic waste.
Various governments worldwide have implemented policies to promote the use of compostable plastics in an effort to reduce plastic pollution and promote sustainability. These policies include bans on single-use plastics, mandates for the use of compostable packaging in certain industries, and incentives for businesses to switch to compostable alternatives. For example, the European Union has set targets for reducing plastic waste and increasing the use of compostable plastics, while countries like Canada and Australia have introduced bans on certain single-use plastics. These government policies are driving demand for compostable plastics in the Global Compostable Plastics Market and encouraging businesses to adopt more sustainable practices in their operations.
The Global Compostable Plastics Market is expected to witness significant growth in the coming years due to increasing environmental concerns and stringent regulations aimed at reducing plastic pollution. Consumers are increasingly opting for eco-friendly alternatives, driving the demand for compostable plastics in various industries such as packaging, agriculture, and consumer goods. Technological advancements in compostable plastic production processes are also anticipated to contribute to market growth. However, challenges related to cost competitiveness and limited industrial composting infrastructure may hinder the market expansion. Overall, the Global Compostable Plastics Market is projected to experience steady growth as companies focus on sustainable practices and governments implement policies to promote the use of biodegradable materials.
In the Global Compostable Plastics Market, Asia is expected to witness significant growth due to increasing environmental concerns and government initiatives promoting sustainable practices. North America is also a key market player, driven by stringent regulations on plastic waste management and growing consumer awareness. Europe leads in terms of adoption of compostable plastics, supported by strong environmental regulations and consumer preference for eco-friendly products. The Middle East and Africa region is gradually embracing compostable plastics to address waste management challenges and reduce reliance on traditional plastics. Latin America is showing promising growth potential, with a rising focus on sustainable practices and increasing investments in compostable plastic production facilities to cater to the growing demand for eco-friendly alternatives.
Global Compostable Plastics Market |
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 Global Compostable Plastics Market Overview |
3.1 Global Regional Macro Economic Indicators |
3.2 Global Compostable Plastics Market Revenues & Volume, 2021 & 2031F |
3.3 Global Compostable Plastics Market - Industry Life Cycle |
3.4 Global Compostable Plastics Market - Porter's Five Forces |
3.5 Global Compostable Plastics Market Revenues & Volume Share, By Regions, 2021 & 2031F |
3.6 Global Compostable Plastics Market Revenues & Volume Share, By Material Type, 2021 & 2031F |
3.7 Global Compostable Plastics Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.8 Global Compostable Plastics Market Revenues & Volume Share, By Industry, 2021 & 2031F |
3.9 Global Compostable Plastics Market Revenues & Volume Share, By End User, 2021 & 2031F |
3.10 Global Compostable Plastics Market Revenues & Volume Share, By Technology, 2021 & 2031F |
4 Global Compostable Plastics Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Global Compostable Plastics Market Trends |
6 Global Compostable Plastics Market, 2021 - 2031 |
6.1 Global Compostable Plastics Market, Revenues & Volume, By Material Type, 2021 - 2031 |
6.1.1 Overview & Analysis |
6.1.2 Global Compostable Plastics Market, Revenues & Volume, By PLA (Polylactic Acid), 2021 - 2031 |
6.1.3 Global Compostable Plastics Market, Revenues & Volume, By PHA (Polyhydroxyalkanoates), 2021 - 2031 |
6.1.4 Global Compostable Plastics Market, Revenues & Volume, By Starch-Based Plastics, 2021 - 2031 |
6.1.5 Global Compostable Plastics Market, Revenues & Volume, By PBAT (Polybutylene Adipate Terephthalate), 2021 - 2031 |
6.2 Global Compostable Plastics Market, Revenues & Volume, By Application, 2021 - 2031 |
6.2.1 Overview & Analysis |
6.2.2 Global Compostable Plastics Market, Revenues & Volume, By Food Packaging, 2021 - 2031 |
6.2.3 Global Compostable Plastics Market, Revenues & Volume, By Medical Disposables, 2021 - 2031 |
6.2.4 Global Compostable Plastics Market, Revenues & Volume, By Agricultural Mulch Films, 2021 - 2031 |
6.2.5 Global Compostable Plastics Market, Revenues & Volume, By Shopping Bags, 2021 - 2031 |
6.3 Global Compostable Plastics Market, Revenues & Volume, By Industry, 2021 - 2031 |
6.3.1 Overview & Analysis |
6.3.2 Global Compostable Plastics Market, Revenues & Volume, By Food & Beverage, 2021 - 2031 |
6.3.3 Global Compostable Plastics Market, Revenues & Volume, By Healthcare, 2021 - 2031 |
6.3.4 Global Compostable Plastics Market, Revenues & Volume, By Agriculture, 2021 - 2031 |
6.3.5 Global Compostable Plastics Market, Revenues & Volume, By Retail, 2021 - 2031 |
6.4 Global Compostable Plastics Market, Revenues & Volume, By End User, 2021 - 2031 |
6.4.1 Overview & Analysis |
6.4.2 Global Compostable Plastics Market, Revenues & Volume, By Packaging Companies, 2021 - 2031 |
6.4.3 Global Compostable Plastics Market, Revenues & Volume, By Hospitals, 2021 - 2031 |
6.4.4 Global Compostable Plastics Market, Revenues & Volume, By Farmers, 2021 - 2031 |
6.4.5 Global Compostable Plastics Market, Revenues & Volume, By Supermarkets, 2021 - 2031 |
6.5 Global Compostable Plastics Market, Revenues & Volume, By Technology, 2021 - 2031 |
6.5.1 Overview & Analysis |
6.5.2 Global Compostable Plastics Market, Revenues & Volume, By Extrusion & Molding, 2021 - 2031 |
6.5.3 Global Compostable Plastics Market, Revenues & Volume, By Biopolymer Processing, 2021 - 2031 |
6.5.4 Global Compostable Plastics Market, Revenues & Volume, By Bio-Polymerization, 2021 - 2031 |
6.5.5 Global Compostable Plastics Market, Revenues & Volume, By Blown Film Extrusion, 2021 - 2031 |
7 North America Compostable Plastics Market, Overview & Analysis |
7.1 North America Compostable Plastics Market Revenues & Volume, 2021 - 2031 |
7.2 North America Compostable Plastics Market, Revenues & Volume, By Countries, 2021 - 2031 |
7.2.1 United States (US) Compostable Plastics Market, Revenues & Volume, 2021 - 2031 |
7.2.2 Canada Compostable Plastics Market, Revenues & Volume, 2021 - 2031 |
7.2.3 Rest of North America Compostable Plastics Market, Revenues & Volume, 2021 - 2031 |
7.3 North America Compostable Plastics Market, Revenues & Volume, By Material Type, 2021 - 2031 |
7.4 North America Compostable Plastics Market, Revenues & Volume, By Application, 2021 - 2031 |
7.5 North America Compostable Plastics Market, Revenues & Volume, By Industry, 2021 - 2031 |
7.6 North America Compostable Plastics Market, Revenues & Volume, By End User, 2021 - 2031 |
7.7 North America Compostable Plastics Market, Revenues & Volume, By Technology, 2021 - 2031 |
8 Latin America (LATAM) Compostable Plastics Market, Overview & Analysis |
8.1 Latin America (LATAM) Compostable Plastics Market Revenues & Volume, 2021 - 2031 |
8.2 Latin America (LATAM) Compostable Plastics Market, Revenues & Volume, By Countries, 2021 - 2031 |
8.2.1 Brazil Compostable Plastics Market, Revenues & Volume, 2021 - 2031 |
8.2.2 Mexico Compostable Plastics Market, Revenues & Volume, 2021 - 2031 |
8.2.3 Argentina Compostable Plastics Market, Revenues & Volume, 2021 - 2031 |
8.2.4 Rest of LATAM Compostable Plastics Market, Revenues & Volume, 2021 - 2031 |
8.3 Latin America (LATAM) Compostable Plastics Market, Revenues & Volume, By Material Type, 2021 - 2031 |
8.4 Latin America (LATAM) Compostable Plastics Market, Revenues & Volume, By Application, 2021 - 2031 |
8.5 Latin America (LATAM) Compostable Plastics Market, Revenues & Volume, By Industry, 2021 - 2031 |
8.6 Latin America (LATAM) Compostable Plastics Market, Revenues & Volume, By End User, 2021 - 2031 |
8.7 Latin America (LATAM) Compostable Plastics Market, Revenues & Volume, By Technology, 2021 - 2031 |
9 Asia Compostable Plastics Market, Overview & Analysis |
9.1 Asia Compostable Plastics Market Revenues & Volume, 2021 - 2031 |
9.2 Asia Compostable Plastics Market, Revenues & Volume, By Countries, 2021 - 2031 |
9.2.1 India Compostable Plastics Market, Revenues & Volume, 2021 - 2031 |
9.2.2 China Compostable Plastics Market, Revenues & Volume, 2021 - 2031 |
9.2.3 Japan Compostable Plastics Market, Revenues & Volume, 2021 - 2031 |
9.2.4 Rest of Asia Compostable Plastics Market, Revenues & Volume, 2021 - 2031 |
9.3 Asia Compostable Plastics Market, Revenues & Volume, By Material Type, 2021 - 2031 |
9.4 Asia Compostable Plastics Market, Revenues & Volume, By Application, 2021 - 2031 |
9.5 Asia Compostable Plastics Market, Revenues & Volume, By Industry, 2021 - 2031 |
9.6 Asia Compostable Plastics Market, Revenues & Volume, By End User, 2021 - 2031 |
9.7 Asia Compostable Plastics Market, Revenues & Volume, By Technology, 2021 - 2031 |
10 Africa Compostable Plastics Market, Overview & Analysis |
10.1 Africa Compostable Plastics Market Revenues & Volume, 2021 - 2031 |
10.2 Africa Compostable Plastics Market, Revenues & Volume, By Countries, 2021 - 2031 |
10.2.1 South Africa Compostable Plastics Market, Revenues & Volume, 2021 - 2031 |
10.2.2 Egypt Compostable Plastics Market, Revenues & Volume, 2021 - 2031 |
10.2.3 Nigeria Compostable Plastics Market, Revenues & Volume, 2021 - 2031 |
10.2.4 Rest of Africa Compostable Plastics Market, Revenues & Volume, 2021 - 2031 |
10.3 Africa Compostable Plastics Market, Revenues & Volume, By Material Type, 2021 - 2031 |
10.4 Africa Compostable Plastics Market, Revenues & Volume, By Application, 2021 - 2031 |
10.5 Africa Compostable Plastics Market, Revenues & Volume, By Industry, 2021 - 2031 |
10.6 Africa Compostable Plastics Market, Revenues & Volume, By End User, 2021 - 2031 |
10.7 Africa Compostable Plastics Market, Revenues & Volume, By Technology, 2021 - 2031 |
11 Europe Compostable Plastics Market, Overview & Analysis |
11.1 Europe Compostable Plastics Market Revenues & Volume, 2021 - 2031 |
11.2 Europe Compostable Plastics Market, Revenues & Volume, By Countries, 2021 - 2031 |
11.2.1 United Kingdom Compostable Plastics Market, Revenues & Volume, 2021 - 2031 |
11.2.2 Germany Compostable Plastics Market, Revenues & Volume, 2021 - 2031 |
11.2.3 France Compostable Plastics Market, Revenues & Volume, 2021 - 2031 |
11.2.4 Rest of Europe Compostable Plastics Market, Revenues & Volume, 2021 - 2031 |
11.3 Europe Compostable Plastics Market, Revenues & Volume, By Material Type, 2021 - 2031 |
11.4 Europe Compostable Plastics Market, Revenues & Volume, By Application, 2021 - 2031 |
11.5 Europe Compostable Plastics Market, Revenues & Volume, By Industry, 2021 - 2031 |
11.6 Europe Compostable Plastics Market, Revenues & Volume, By End User, 2021 - 2031 |
11.7 Europe Compostable Plastics Market, Revenues & Volume, By Technology, 2021 - 2031 |
12 Middle East Compostable Plastics Market, Overview & Analysis |
12.1 Middle East Compostable Plastics Market Revenues & Volume, 2021 - 2031 |
12.2 Middle East Compostable Plastics Market, Revenues & Volume, By Countries, 2021 - 2031 |
12.2.1 Saudi Arabia Compostable Plastics Market, Revenues & Volume, 2021 - 2031 |
12.2.2 UAE Compostable Plastics Market, Revenues & Volume, 2021 - 2031 |
12.2.3 Turkey Compostable Plastics Market, Revenues & Volume, 2021 - 2031 |
12.3 Middle East Compostable Plastics Market, Revenues & Volume, By Material Type, 2021 - 2031 |
12.4 Middle East Compostable Plastics Market, Revenues & Volume, By Application, 2021 - 2031 |
12.5 Middle East Compostable Plastics Market, Revenues & Volume, By Industry, 2021 - 2031 |
12.6 Middle East Compostable Plastics Market, Revenues & Volume, By End User, 2021 - 2031 |
12.7 Middle East Compostable Plastics Market, Revenues & Volume, By Technology, 2021 - 2031 |
13 Global Compostable Plastics Market Key Performance Indicators |
14 Global Compostable Plastics Market - Export/Import By Countries Assessment |
15 Global Compostable Plastics Market - Opportunity Assessment |
15.1 Global Compostable Plastics Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Global Compostable Plastics Market Opportunity Assessment, By Material Type, 2021 & 2031F |
15.3 Global Compostable Plastics Market Opportunity Assessment, By Application, 2021 & 2031F |
15.4 Global Compostable Plastics Market Opportunity Assessment, By Industry, 2021 & 2031F |
15.5 Global Compostable Plastics Market Opportunity Assessment, By End User, 2021 & 2031F |
15.6 Global Compostable Plastics Market Opportunity Assessment, By Technology, 2021 & 2031F |
16 Global Compostable Plastics Market - Competitive Landscape |
16.1 Global Compostable Plastics Market Revenue Share, By Companies, 2024 |
16.2 Global Compostable Plastics Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Top 10 Company Profiles |
18 Recommendations |
19 Disclaimer |