Degradable Plastic Bags Industry Analysis：the global market size is projected to reach USD 3.03 billion by 2030

Degradable Plastic Bags are biodegradable, compostable, or recyclable alternatives to traditional single-use plastic bags that are designed to minimize environmental impact and reduce plastic pollution. These bags are made from renewable or biodegradable materials that break down more easily in the environment compared to conventional plastic bags.

According to the new market research report “Degradable Plastic Bags - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”, published by QYResearch, the global Degradable Plastic Bags market size is projected to reach USD 3.03 billion by 2030, at a CAGR of 4.2% during the forecast period.

• Global Degradable Plastic Bags MarketSize(US$ Million), 2019-2030

Source: QYResearch, "Degradable Plastic Bags - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”

• Global Degradable Plastic BagsTop12 Players Ranking and Market Share (Ranking is based on the revenue of 2023, continually updated)

Source: QYResearch, "Degradable Plastic Bags - Global Market Share and Ranking, Overall Sales and Demand Forecast 2025-2031”

According to QYResearch Top Players Research Center, the global key manufacturers of Degradable Plastic Bags include BioBag, Walki Plastiroll Oy, RKW Group, Jiangsu Torise biomaterials, JUNER Plastic packaging, etc. In 2023, the global top five players had a share approximately 12.0% in terms of revenue.

Market Drivers for Degradable Plastic Bags:

Environmental Awareness: Increasing awareness of plastic pollution and its impact on ecosystems, marine life, and human health is driving consumer demand for sustainable and eco-friendly alternatives to traditional plastic bags.

Regulatory Initiatives: Government regulations and policies aimed at reducing single-use plastic waste, promoting recycling, and encouraging the use of biodegradable materials are creating market opportunities for Degradable Plastic Bags as compliant alternatives.

Corporate Sustainability Goals: Businesses and retailers are prioritizing sustainability initiatives and adopting eco-friendly practices in their operations, including the use of environmentally friendly packaging solutions such as biodegradable plastic bags to meet consumer expectations and corporate sustainability targets.

Consumer Preference: Changing consumer preferences towards eco-conscious products and brands are influencing purchasing decisions, leading to a shift towards Degradable Plastic Bags that align with sustainability values and eco-friendly packaging options.

Brand Reputation: Companies seeking to enhance their brand image, differentiate themselves in the market, and demonstrate corporate responsibility are opting for eco-friendly packaging solutions, including biodegradable plastic bags, to strengthen their sustainability credentials.

Market Challenges for Degradable Plastic Bags:

Cost of Production: The production costs of Degradable Plastic Bags made from biodegradable or compostable materials are often higher than traditional plastic bags, posing a challenge for manufacturers and retailers in terms of pricing and profitability.

Performance and Durability: Ensuring that Degradable Plastic Bags maintain sufficient strength, durability, and usability while meeting biodegradability or compostability requirements can be a challenge, as the balance between sustainability and functionality needs to be maintained.

Waste Management Infrastructure: The lack of adequate waste management infrastructure for compostable or biodegradable materials in some regions can hinder the proper disposal and recycling of Degradable Plastic Bags, limiting their environmental benefits.

Consumer Education: Educating consumers about the proper disposal methods, recycling options, and benefits of Degradable Plastic Bags is essential to promote adoption and ensure that these bags are disposed of correctly to maximize their environmental impact.

Supply Chain Considerations: Ensuring a consistent supply of raw materials, production efficiency, and supply chain sustainability for Degradable Plastic Bags can be challenging, requiring collaboration with suppliers, certification bodies, and stakeholders in the value chain.

Industry Standards and Certification: Meeting industry standards, certifications, and regulatory requirements for Degradable Plastic Bags, such as compostability certifications or biodegradability standards, can pose challenges for manufacturers in terms of compliance and verification processes.

About The Authors

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