Asia-Pacific compostable packaging market is projected to register healthy CAGR 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:
Asia-Pacific 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), By Country (China, India, Japan, South Korea, Australia, Singapore, Indonesia, Thailand, Malaysia, Philippines, Rest Of Asia-Pacific), Market Trends and Forecast to 2027
Some of the major factors contributing to the growth of the Asia-Pacific compostable packaging market are:
- Increasing adoption of biodegradable packaging in the region
- Increasing demand of environmental friendly products
Market Players:
The key market players for Asia-Pacific compostable packaging market are listed below:
- International Paper
- Mondi
- BASF SE
- Be Green Packaging HQ
- Futamura Group
- WestRock Company
- BIOPAK
- Amcor plc
- Wuxi Topteam Co.,Ltd
- NatureWorks LLC
- Ecolifellc.com
- Lithey Inc.
- Biotec Pvt. Ltd
- Avani Eco
