Jul 13, 2022   SOURCE: BusinessWire

Global Biodegradable Films Market Research Report to 2027 - Featuring Avery Dennison, BASF and BI-AX International Among Others - ResearchAndMarkets.com

The "Biodegradable Films Market Research Report by Type (Biodegradable Polyesters, Others, and PHA), Application, Region (Americas, Asia-Pacific, and Europe, Middle East & Africa) - Global Forecast to 2027 - Cumulative Impact of COVID-19" report has been added to ResearchAndMarkets.com's offering.

The Global Biodegradable Films Market size was estimated at USD 781.23 million in 2021 and expected to reach USD 859.19 million in 2022. The market is projected to grow at a CAGR 10.23% to reach USD 1,401.82 million by 2027.

Competitive Strategic Window:

The Competitive Strategic Window analyses the competitive landscape in terms of markets, applications, and geographies to help the vendor define an alignment or fit between their capabilities and opportunities for future growth prospects. It describes the optimal or favorable fit for the vendors to adopt successive merger and acquisition strategies, geography expansion, research & development, and new product introduction strategies to execute further business expansion and growth during a forecast period.

FPNV Positioning Matrix:

The FPNV Positioning Matrix evaluates and categorizes the vendors in the Biodegradable Films Market based on Business Strategy (Business Growth, Industry Coverage, Financial Viability, and Channel Support) and Product Satisfaction (Value for Money, Ease of Use, Product Features, and Customer Support) that aids businesses in better decision making and understanding the competitive landscape.

Market Share Analysis:

The Market Share Analysis offers the analysis of vendors considering their contribution to the overall market. It provides the idea of its revenue generation into the overall market compared to other vendors in the space. It provides insights into how vendors are performing in terms of revenue generation and customer base compared to others. Knowing market share offers an idea of the size and competitiveness of the vendors for the base year. It reveals the market characteristics in terms of accumulation, fragmentation, dominance, and amalgamation traits.

The report provides insights on the following pointers:

1. Market Penetration: Provides comprehensive information on the market offered by the key players

2. Market Development: Provides in-depth information about lucrative emerging markets and analyze penetration across mature segments of the markets

3. Market Diversification: Provides detailed information about new product launches, untapped geographies, recent developments, and investments

4. Competitive Assessment & Intelligence: Provides an exhaustive assessment of market shares, strategies, products, certification, regulatory approvals, patent landscape, and manufacturing capabilities of the leading players

5. Product Development & Innovation: Provides intelligent insights on future technologies, R&D activities, and breakthrough product developments

The report answers questions such as:

1. What is the market size and forecast of the Global Biodegradable Films Market?

2. What are the inhibiting factors and impact of COVID-19 shaping the Global Biodegradable Films Market during the forecast period?

3. Which are the products/segments/applications/areas to invest in over the forecast period in the Global Biodegradable Films Market?

4. What is the competitive strategic window for opportunities in the Global Biodegradable Films Market?

5. What are the technology trends and regulatory frameworks in the Global Biodegradable Films Market?

6. What is the market share of the leading vendors in the Global Biodegradable Films Market?

7. What modes and strategic moves are considered suitable for entering the Global Biodegradable Films Market?

Market Dynamics

Drivers

  • High demand from food packaging industry
  • Shift in consumer preference toward eco-friendly plastic products
  • Focus of governments on green procurement policies

Restraints

  • Higher cost of biodegradable films compared to conventional plastic films

Opportunities

  • Steadily growing bioplastic industry worldwide
  • Growing demand for biodegradable films in composting applications

Challenges

  • Performance issues related to biodegradable films

Companies Mentioned

  • Avery Dennison Corporation
  • BASF SE
  • BI-AX International Inc.
  • BioBag Americas, Inc.
  • Biogeneral Inc.
  • Cortec Corporation
  • Futamura Chemical Co. Ltd.
  • Grafix Plastics
  • Kingfa Sci. & Tech. Co., Ltd.
  • Layfield Group. Ltd.
  • Plascon Group
  • Polyplex Corporation Ltd.
  • Polystar Plastics Ltd.
  • Poysha Packaging Private Limited
  • Profol GmbH
  • Shreeji Stretch Film
  • STOROPACK HANS REICHENECKER GMBH
  • Taghleef Industries Group
  • Trioplast Industrier AB
  • Walki Group Oy

For more information about this report visit https://www.researchandmarkets.com/r/kbsh3r