Global market value of biodegradable plastic packaging 2019-2026

Published by
M. Garside,
May 30, 2024
Biodegradable plastic packaging is a growing market. In 2020, the global market value of biodegradable plastic packaging amounted to nearly 2.8 billion U.S. dollars. By 2026, it is forecast to grow to nearly nine billion U.S. dollars. Biodegradable plastics are a sought-after ecologically-friendly alternative to conventional plastics because conventional plastics can take up to an estimated 1,000 years to decompose.

Market value of biodegradable plastic packaging in 2019 and 2020, with a forecast for 2026 (in billion U.S. dollars)

© Statista 2024
Download
Show detailed source information?
Register for free
Already a member?
Log in
Source

Use Ask Statista Research Service

Release date

2021

Region

Worldwide

Survey time period

2019 and 2020

Supplementary notes

* Forecast based on a compound annual growth rate of 20.7 percent during the forecast period 2021-2026.
This statistic has been assembled using more than one edition of the press release for this report.

Citation formats
Access all statistics starting from $2,388 USD yearly *

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interest

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts

Statistics on " Bioplastic industry worldwide "

The most important statistics
The most important statistics
The most important statistics
The most important statistics

Other statistics that may interest you Bioplastic industry worldwide

Overview

3

Production

7

Segments

5

Market forecasts

5

Further related statistics

19

Further Content: You might find this interesting as well

Statistics

Topics

Bioplastics industry worldwidePlastics industry worldwideChemical industry worldwidePetrochemical industry worldwideGlobal plastic waste
All features, all contents, at all times: Learn more about our professional solutions.

* For commercial use only

Basic Account

For single users
$0 USD
Always free
Access limited to Free Statistics. Premium Statistics are not included.
  • Free Statistics
Based on your interest

Starter Account

For single users
$199 USD
per month, billed annually 1
Buy now
  • Free Statistics
  • Premium Statistics

    • The statistic on this page is a Premium Statistic and is included in this account.

Professional Account

For teams up to 5 people
$959 USD
per month, billed annually 1
Buy now
  • Free + Premium Statistics
  • Reports
  • Market Insights

1 All prices do not include sales tax. The account requires an annual contract and will renew after one year to the regular list price.

Compare accounts
Learn more about how Statista can support your business.
Menu