North America Biodegradable Paper & Plastic Packaging Market size was about USD 3.17 Billion in 2022. It is expected to rise at a CAGR of 14.78% to develop to around USD 6.32 Billion by 2028.
The ecological concern is an essential factor contributing to market development. The biodegradable materials effortlessly degrade, and subsequently, the odds of the earth getting contaminated are less. Significant packaging enterprises are expanding the utilization of biodegradable packaging, keeping in mind the end goal is to develop eco-friendly solutions as well as to retain consumer loyalty. Numerous makers have shifted their concentration from customary packaging strategies to biodegradable packaging. The food packaging and beverage packaging industry assume an indispensable part in driving the worldwide biodegradable paper and plastic market. Biodegradable plastics are utilized on an expansive scale in the materials, pharmaceuticals, and consumer merchandise industries.
Beverage packaging
Personal and home care packaging
Electronic appliance packaging
Food packaging
Pharmaceuticals packaging
Others.
Two materials - paper
Plastic.
United States
Canada.
The market in this region is expected to grow at a steady state and has a large market share because of various measures taken by the law-making authorities to implement eco-friendly environmental conditions.
Rocktenn
BASF
Mondi Group
Biopac UK Ltd
Reynolds Group Holding Limited
Novamont SPA
Amcor
Stora Enso
Kruger Inc
Rocktenn
Smurfit Kappa Group International Corp
Smurfit Kappa Group
Clearwater Paper Corporation
Berkley International Packaging.
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