Global compostable packaging market is projected to register a CAGR of 17.4% in the forecast period of 2020 to 2027. The new market report contains data for historic year 2018, the base year of calculation is 2019 and the forecast period is 2020 to 2027.

Market Segmentation:
Global Compostable Packaging Market By Product Type (Bags, Trays, Cups, Plates, Films, Lids, Straws, Cutlery, Bowls, Clamshells, Pouches & Sachets, Others), Material (Plastic, Paper & Paperboard, Others), Packaging Layer (Primary Packaging, Secondary Packaging, Tertiary Packaging), Distribution Channel (B2B, Supermarkets/Hypermarkets, Departmental Stores, Convenience Stores, Specialty Stores, E-commerce, Others), End-User (Food & Beverages, Medical, Automotive, Electrical & Electronics, Agriculture, Textile Goods, Personal & Home Care, Chemical, Others), Country (U.S., Canada and Mexico, Germany, U.K., France, Switzerland, Italy, Spain, Netherlands, Russia, Belgium, Turkey, Rest of Europe, Japan, China, India, South Korea, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, South Africa, UAE, Saudi Arabia, Israel, Egypt and Rest of Middle East & Africa), Market Trends and Forecast to 2027
Some of the major factors contributing to the growth of global compostable packaging market:

- Growing inclination of people towards use of environment friendly products
- Wide range of application areas in packaging materials

Market Players:

The key market players for global compostable packaging market are listed below:

- TIPA Compostable Packaging
- ULTRA GREEN SUSTAINABLE PACKAGING
- International Paper
- Smurfit Kappa
- Mondi
- BASF SE
- Be Green Packaging HQ
- Futamura Group
- Stora Enso
- WestRock Company
- BIOPAK,
- Amcor plc
- Wuxi Topteam Co. ,Ltd
- NatureWorks LLC
- Ecolifellc.com
- Lithey Inc.
- Paper Water Bottle
- Genpak, LLC
- Biotec Pvt. Ltd
- Avani Eco