Plant-based Packaging Market is segmented By Material (Bioplastics, Starch-based Materials, Bagasse, Cellulose, Others), By Packaging Type (Flexible P....
Market Size in USD
CAGR9.7%
Study Period | 2024 - 2031 |
Base Year of Estimation | 2023 |
CAGR | 9.7% |
Market Concentration | High |
Major Players | Evergreen Packaging, The Coca-Cola Company, Amcor, Vegware, Tetra Pak International SA |
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.