Compostable Shrink Wrap Market Size US$ 5.63 Bn at 10.65% CAGR

Compostable Shrink Wrap Market Research Insight: Industry Insights, Trends and Forecast

The global compostable shrink wrap market size was at US$ 2.27 bn in 2025 to reach US$ 5.63 bn by 2034. Asia Pacific dominated the market with the largest share in 2024 while North America is observed to grow at the fastest rate during the forecast period.

Content

Market Overview

  • Definition and Scope of Compostable Shrink Wrap
  • Market Dynamics
    • Drivers
    • Restraints
    • Opportunities
    • Challenges
  • Market Trends and Technological Advancements
  • Regulatory and Environmental Considerations

Competitive Landscape

  • Key Players Analysis
    • BASF SE
    • Kingfa Sci. and Tech
    • Amcor
    • International Paper Company
    • Mondi Group
    • Smurfit Kappa Group
    • Greenpack
    • Biopak
    • Treetop Biopak
    • Berkley International
  • Market Share Analysis of Key Players
  • Recent Developments and Strategic Initiatives
  • SWOT Analysis for Key Players
  • Mergers & Acquisitions, Joint Ventures, and Collaborations

Market Segmentation Analysis

By Type

  • PLA (Polylactic Acid)
    • Market Size and Forecast
    • Key Characteristics and Applications
    • Regional Demand Analysis
  • PHA (Polyhydroxyalkanoates)
    • Market Size and Forecast
    • Production and Biodegradability Factors
    • Regional Demand Analysis
  • Starch Blends
    • Market Size and Forecast
    • Key Features and Usage in Packaging
    • Regional Demand Analysis
  • Others
    • Market Size and Forecast
    • Innovations and New Material Types
    • Regional Demand Analysis

By Application

  • Food Packaging
    • Market Size and Forecast
    • Role of Compostable Shrink Wrap in Food Preservation
    • Regulatory Standards and Compliance in Food Packaging
  • Industrial Packaging
    • Market Size and Forecast
    • Importance of Compostable Solutions for Industry
    • Regional Trends and Key Industry Users
  • Personal Care and Cosmetics
    • Market Size and Forecast
    • Demand for Eco-Friendly Packaging in Cosmetics
    • Regional Trends in Personal Care Packaging
  • Agriculture and Horticulture
    • Market Size and Forecast
    • Usage in Agricultural Products and Biodegradability Benefits
    • Regional Demand and Adoption
  • Others
    • Market Size and Forecast
    • Applications in Emerging Sectors
    • Potential Growth Areas

Regional Analysis

North America

  • Market Size and Forecast
  • Key Regional Players and Market Shares
  • Trends and Growth Drivers in North America
  • Regulatory Environment

Europe

  • Market Size and Forecast
  • Regional Demand and Sustainability Initiatives
  • Key Players and Market Shares
  • Regulatory Environment and Compliance Standards

Asia Pacific

  • Market Size and Forecast
  • Growing Demand and Industrialization Impact
  • Key Regional Players and Market Shares
  • Government Policies Supporting Eco-Friendly Packaging

Middle East & Africa

  • Market Size and Forecast
  • Regional Demand Drivers and Industry Applications
  • Key Players and Market Shares
  • Regulatory Environment and Environmental Concerns

Latin America

  • Market Size and Forecast
  • Regional Growth Drivers and Emerging Markets
  • Key Regional Players and Market Shares
  • Regulations Promoting Compostable Packaging Solutions

Compostable Shrink Wrap Market Cross Segment Analysis

By Type and By Application

  • PLA (Polylactic Acid) - Application Cross Analysis
    • PLA in Food Packaging
    • PLA in Industrial Packaging
    • PLA in Personal Care and Cosmetics
    • PLA in Agriculture and Horticulture
    • PLA in Other Applications
  • PHA (Polyhydroxyalkanoates) - Application Cross Analysis
    • PHA in Food Packaging
    • PHA in Industrial Packaging
    • PHA in Personal Care and Cosmetics
    • PHA in Agriculture and Horticulture
    • PHA in Other Applications
  • Starch Blends - Application Cross Analysis
    • Starch Blends in Food Packaging
    • Starch Blends in Industrial Packaging
    • Starch Blends in Personal Care and Cosmetics
    • Starch Blends in Agriculture and Horticulture
    • Starch Blends in Other Applications
  • Other Types - Application Cross Analysis
    • Other Types in Food Packaging
    • Other Types in Industrial Packaging
    • Other Types in Personal Care and Cosmetics
    • Other Types in Agriculture and Horticulture
    • Other Types in Other Applications

By Type and By Geography

  • PLA (Polylactic Acid) - Geography Cross Analysis
    • PLA in North America
    • PLA in Europe
    • PLA in Asia Pacific
    • PLA in Middle East & Africa
    • PLA in Latin America
  • PHA (Polyhydroxyalkanoates) - Geography Cross Analysis
    • PHA in North America
    • PHA in Europe
    • PHA in Asia Pacific
    • PHA in Middle East & Africa
    • PHA in Latin America
  • Starch Blends - Geography Cross Analysis
    • Starch Blends in North America
    • Starch Blends in Europe
    • Starch Blends in Asia Pacific
    • Starch Blends in Middle East & Africa
    • Starch Blends in Latin America
  • Other Types - Geography Cross Analysis
    • Other Types in North America
    • Other Types in Europe
    • Other Types in Asia Pacific
    • Other Types in Middle East & Africa
    • Other Types in Latin America

By Application and By Geography

  • Food Packaging - Geography Cross Analysis
    • Food Packaging in North America
    • Food Packaging in Europe
    • Food Packaging in Asia Pacific
    • Food Packaging in Middle East & Africa
    • Food Packaging in Latin America
  • Industrial Packaging - Geography Cross Analysis
    • Industrial Packaging in North America
    • Industrial Packaging in Europe
    • Industrial Packaging in Asia Pacific
    • Industrial Packaging in Middle East & Africa
    • Industrial Packaging in Latin America
  • Personal Care and Cosmetics - Geography Cross Analysis
    • Personal Care and Cosmetics in North America
    • Personal Care and Cosmetics in Europe
    • Personal Care and Cosmetics in Asia Pacific
    • Personal Care and Cosmetics in Middle East & Africa
    • Personal Care and Cosmetics in Latin America
  • Agriculture and Horticulture - Geography Cross Analysis
    • Agriculture and Horticulture in North America
    • Agriculture and Horticulture in Europe
    • Agriculture and Horticulture in Asia Pacific
    • Agriculture and Horticulture in Middle East & Africa
    • Agriculture and Horticulture in Latin America
  • Other Applications - Geography Cross Analysis
    • Other Applications in North America
    • Other Applications in Europe
    • Other Applications in Asia Pacific
    • Other Applications in Middle East & Africa
    • Other Applications in Latin America

Market Dynamics by Type and Application

  • Comparative Analysis of Material Types in Key Applications
  • Environmental and Economic Impact of Each Material Type
  • Emerging Innovations in Application Segments (e.g., Edible Wraps, Multi-Layered Compostable Wraps)

Technology Analysis and Trends

  • Recent Technological Advancements in Bioplastics and Compostable Materials
  • R&D Focus and Key Patents in the Market
  • Impact of Technology on Market Growth

Go-to-Market Strategies (Region Selection)

  • Market Segmentation
    • Demographic Segmentation
    • Geographic Segmentation
    • Psychographic Segmentation
    • Behavioral Segmentation
  • Target Market Identification
    • Key Industries
    • Consumer Preferences
  • Positioning Strategies
    • Unique Selling Proposition (USP)
    • Competitive Positioning
  • Distribution Channels
    • Direct Sales
    • Retail Partnerships
    • E-Commerce Platforms
  • Marketing Tactics
    • Digital Marketing Strategies
    • Trade Shows and Exhibitions
    • Promotions and Discounts

Import & Export Analysis in Compostable Shrink Wrap Market

  • Country-Specific Trade Data
    • Import Volume Trends
    • Export Volume Trends
  • Tariffs and Trade Barriers
    • Overview of Tariffs by Region
    • Non-Tariff Barriers
  • Regional Trade Agreements
    • Trade Agreements in Europe
    • Trade Agreements in Asia Pacific
    • Trade Agreements in North America
    • Trade Agreements in Latin America
    • Trade Agreements in the Middle East

Packaging Regulations & Compliance

  • Global Packaging Standards & Compliance
    • ISO Standards
    • National Standards
  • Sustainability Policies Impacting Packaging
    • EU Packaging Waste Directive
    • National Sustainability Goals
  • Plastic Packaging Bans & Restrictions
    • Regional Bans and Restrictions
    • Compliance Requirements

Packaging Material Demand & Supply Analysis

  • Demand-Supply Gap Analysis
    • Quantitative Analysis
    • Qualitative Factors
  • Material Shortages
    • Key Materials in Short Supply
    • Impact on Production
  • Supply Chain & Logistics Data
    • Lead Times for Material Sourcing
    • Transportation Costs
    • Warehousing Trends

Packaging Logistics for E-Commerce

  • Advanced Packaging Logistics & Distribution Solutions
    • Last-Mile Delivery Innovations
    • Inventory Management Technologies
  • Packaging Demand in Emerging Industries
    • Growth of Online Retail
    • Subscription Box Services

Sustainability & Circular Economy Data

  • Recycling Rates and Technologies
    • Global Recycling Rates
    • Emerging Recycling Technologies
  • Sustainable Materials
    • Biodegradable vs. Compostable Materials
    • Sourcing Sustainable Raw Materials

Advanced Packaging Technologies & Innovations

  • Automation & AI in Packaging
    • Smart Manufacturing Solutions
    • AI in Supply Chain Optimization
  • Integration of AI in the Compostable Shrink Wrap Market
    • Predictive Analytics for Demand Forecasting
    • Quality Control Systems
    • Smart Tracking and Inventory Management

Packaging Innovations in Materials

  • New Material Development
    • Research on Compostable Polymers
    • Alternative Raw Materials
  • Innovative Packaging Designs
    • Functional Packaging Solutions
    • Aesthetic Innovations

Packaging in E-Commerce & Direct-to-Consumer (DTC) Models

  • Packaging to Reduce Returns
    • User-Friendly Packaging Designs
    • Return Management Solutions
  • Collaborative Partnerships for Innovation
    • Joint Ventures with Technology Providers
    • Partnerships with Research Institutions

Production and Consumption Data

  • Global Production Volumes
    • Production Capacity by Region
    • Key Manufacturers
  • Regional Production Analysis
    • Capacity Utilization Rates
    • Emerging Production Markets
  • Consumption Patterns by Region
    • Trends in Consumer Preferences
    • Forecasted Consumption Growth

Opportunity Assessment

  • New Product Development
    • Ideation and Prototyping
    • Market Testing Strategies
  • Plan Finances/ROI Analysis
    • Cost-Benefit Analysis
    • Financial Projections

Cross Border Intelligence

  • Competitive Landscape
    • Key Players and Market Share
    • Strategic Moves by Competitors

Business Model Innovation

  • Blue Ocean vs. Red Ocean Strategies
    • Market Entry Strategies
    • Value Innovation Approaches

Vendor and Supplier Listings

  • Key Suppliers in Compostable Materials
    • Supplier Capabilities
    • Geographic Presence
  • Vendor Evaluation Criteria
    • Quality Assurance
    • Compliance with Standards

Investment and Funding Analysis

  • Key Investment Trends in the Market
  • Major Investments and Funding Initiatives
  • M&A Activity and Impact on Market Competition

Future Prospects and Innovations

  • Emerging Trends in Packaging
    • Shift Toward Circular Economy
    • Innovations in Consumer Engagement
  • Case Studies and Examples
    • Successful Implementations of Compostable Solutions
    • Lessons Learned from Market Leaders

Appendix and Data Sets

  • Statistical Data
    • Market Size and Growth Rates
    • Historical Trends and Forecasts
  • Additional Resources
    • Industry Reports and Publications
    • Relevant Regulatory Documents

Detailed Market Data

  • Market Dynamics
    • Drivers of Market Growth
    • Challenges and Barriers to Entry
  • Regional Insights
    • Market Trends by Region
    • Consumer Behavior Insights
  • Insight Code: 5348
  • No. of Pages: 150+
  • Format: PDF/PPT/Excel
  • Published: February 2025
  • Report Covered: [Revenue + Volume]
  • Historical Year: 2021-2022
  • Base Year: 2023
  • Estimated Years: 2024-2033

About The Author

Deepa Pandey is a skilled market research professional with over three years of experience specializing in packaging. Her expertise spans various aspects of the packaging sector, including regulatory compliance, packaging design, material innovations, and sustainability. Deepa's passion for improving packaging solutions in the healthcare industry drives her to stay ahead of emerging trends and innovations that aim to enhance safety, efficiency, and environmental sustainability.

Throughout her career, Deepa has collaborated with leading healthcare companies, conducting in-depth research to identify key market trends and shifts in consumer preferences. Her expertise includes packaging solutions that optimize drug delivery, ensure product integrity, and improve patient compliance. She is also focused on innovations in sustainable packaging, including the use of recyclable and biodegradable materials, as the industry increasingly seeks eco-friendly solutions.

Deepa's market research reports provide businesses with valuable insights into regulatory requirements, technological advancements, and competitive dynamics within healthcare packaging. By delivering actionable data, she has helped companies refine their packaging strategies, improve product safety, and maintain compliance with stringent industry standards.

Talk to us next-arrow
FAQ's

The global compostable shrink wrap market size reached US$ 1.85 billion in 2023 and is expected to attain around US$ 5.63 billion by 2034.

10.65% is the growth rate of the compostable shrink wrap industry.

Asia Pacific region leads the global compostable shrink wrap market.

BASF SE, Kingfa Sci. and Tech, Amcor, International Paper Company, Mondi Group, Smurfit Kappa Group, Greenpack, Biopak, Treetop Biopak, and Berkley International are the prominent players operating in the compostable shrink wrap market.
Any Questions