Plant-based Packaging Market SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2024 - 2031)

Plant-based Packaging Market is segmented By Material (Bioplastics, Starch-based Materials, Bagasse, Cellulose, Others), By Packaging Type (Flexible P....

Plant-based Packaging Market Size

Market Size in USD

CAGR9.7%

Study Period2024 - 2031
Base Year of Estimation2023
CAGR9.7%
Market ConcentrationHigh
Major PlayersEvergreen Packaging, The Coca-Cola Company, Amcor, Vegware, Tetra Pak International SA
*Disclaimer: Major players are listed in no particular order.
*Source: Coherent Market Insights
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Plant-based Packaging Market Analysis

The plant-based packaging market is estimated to be valued at USD 135.94 Mn in 2024 and is expected to reach USD 259.98 Mn by 2031, growing at a compound annual growth rate (CAGR) of 9.7% from 2024 to 2031. The plant-based packaging market is expected to witness significant growth over the forecast period due to stricter environmental regulations regarding single-use plastics and plastic waste.