Top Players in the Biodegradable Films Industry: Market Size, Company Profiles, and Forecast to 2035

RELEASE DATE: Aug 2025 Author: Spherical Insights
According to a research report published by Spherical Insights & Consulting, The Global Biodegradable Films Market Size is projected To Grow from USD 1.42 Billion in 2024 to USD 3.78 Billion by 2035, at a CAGR of 9.52% during the forecast period 2025-2035.

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Description

According to a research report published by Spherical Insights & Consulting, The Global Biodegradable Films Market Size is projected To Grow from USD 1.42 Billion in 2024 to USD 3.78 Billion by 2035, at a CAGR of 9.52% during the forecast period 2025-2035. Rising consumer awareness about environmental issues, coupled with government regulations to curb plastic pollution, is fueling demand for biodegradable film solutions across industries such as packaging, agriculture, and food service.

 

 

Introduction

The biodegradable films market is emerging as a critical solution to the global plastic waste crisis. These films are produced from renewable sources such as starch, cellulose, PLA, and PHA, and are designed to break down naturally in soil or compost environments. Industries including food & beverage, agriculture, pharmaceuticals, and personal care are increasingly adopting biodegradable packaging to align with sustainability goals and reduce their carbon footprints. Growing demand for eco-friendly alternatives, stringent environmental legislation, and innovation in biopolymers are accelerating the shift from conventional plastics to biodegradable options. Technological advancements in film performance, durability, and barrier properties are expanding applications beyond traditional packaging. As global supply chains prioritize circular economy models, biodegradable films are becoming essential to sustainable product strategies across sectors.

 

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Biodegradable Films Market Size & Statistics

  • The Market Size for Biodegradable Films Market Was Estimated to be worth USD 1.42 Billion in 2024.
  • The Market is Going to Expand at a CAGR of 9.52% between 2025 and 2035.
  • The Global Biodegradable Films Market Size is anticipated to reach USD 3.78 Billion by 2035.
  • Asia Pacific is expected to hold the largest share of the global biodegradable films market over the predicted timeframe.
  • Europe is expected to grow the fastest during the forecast period in the global biodegradable films Market.

 

Regional growth and demand                                     

Asia Pacific is expected to hold the largest share of the global biodegradable films market over the predicted timeframe. The region’s growth is driven by rapid industrialization, rising environmental awareness, and government initiatives targeting single-use plastics. Countries like China, India, and Japan are implementing bans on non-biodegradable packaging and promoting sustainable alternatives. Increasing adoption of biodegradable mulch films in agriculture and demand from the food packaging sector further support regional expansion. Domestic production of bio-based polymers is also gaining traction in Asia Pacific.

 

Europe is expected to grow the fastest during the forecast period in the global biodegradable films market. Europe’s leadership in environmental policy, circular economy goals, and consumer sustainability consciousness is driving strong adoption of biodegradable films. The EU’s Single-Use Plastics Directive, support for compostable packaging, and high recycling standards are pushing businesses to switch to bio-based and biodegradable alternatives. The region also boasts several key players and R&D hubs focusing on next-generation biodegradable materials for food wraps, pouches, and agricultural applications.

 

Top 10 trends in the Biodegradable Films Market

  • Demand for eco-friendly packaging in food & beverage industry
  • Growth of biodegradable mulch films in agriculture
  • Rising investment in bio-based polymers like PLA and PHA
  • Government regulations banning single-use plastics
  • Expansion of compostable and home-degradable products
  • Partnerships and joint ventures to scale up production
  • Biodegradable films in medical and personal care packaging
  • Corporate sustainability initiatives boosting green packaging
  • Technological advancements in film durability and barrier properties
  • Rising preference for circular economy packaging models

 

1. Demand for Eco-Friendly Packaging in Food & Beverage Industry

Food packaging remains the largest application for biodegradable films, driven by consumer demand for plastic-free and compostable options. Retailers and brands are switching to bio-based films to align with ESG goals and meet packaging regulations.

 

2. Growth of Biodegradable Mulch Films in Agriculture

Biodegradable films are increasingly replacing polyethylene mulch films in agriculture. These eco-friendly alternatives enhance soil health, reduce labor costs for disposal, and improve yield performance in crops such as vegetables, fruits, and grains.

 

3. Rising Investment in Bio-Based Polymers

Key manufacturers are investing in R&D to develop high-performance biodegradable materials like PLA, PBAT, and starch blends. These polymers improve the mechanical strength, water resistance, and shelf life of biodegradable films.

 

4. Government Regulations Banning Single-Use Plastics

Global plastic bans and regulatory policies are forcing industries to adopt sustainable alternatives. Biodegradable films offer a compliant solution across sectors such as retail, food service, agriculture, and personal care.

 

5. Expansion of Compostable and Home-Degradable Products

Consumer preference for products that degrade naturally in home composting systems is creating demand for certified biodegradable films. Certifications such as EN 13432 and ASTM D6400 are gaining importance in product labeling and consumer trust.

 

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Top 25 Companies Leading the Biodegradable Films Market

  1. BASF SE
  2. Novamont S.p.A
  3. Futamura Chemical Co., Ltd.
  4. Mitsubishi Chemical Group Corporation
  5. NatureWorks LLC
  6. TIPA Corp Ltd.
  7. Walki Group
  8. Taghleef Industries
  9. Innovia Films (CCL Industries)
  10. BI-AX International Inc.
  11. BioBag International AS
  12. Avery Dennison Corporation
  13. Polystar Plastics Ltd
  14. Kingfa Sci. & Tech. Co., Ltd.
  15. Clondalkin Group Holdings BV
  16. Kaneka Corporation
  17. Mondi Group
  18. EcoCortec d.o.o.
  19. Armando Alvarez Group
  20. FlexPak Services
  21. Plascon Group
  22. Cortec Corporation
  23. Natur-Tec
  24. Bio4Pack GmbH
  25. Northern Technologies International Corporation (NTIC)

 

1. BASF SE

Headquarters: Ludwigshafen, Germany

BASF is a pioneer in sustainable chemistry and a leader in biodegradable materials through its products like ecoflex and ecovio. These materials are widely used in compostable bags, food packaging, and agricultural applications. The company focuses on innovation, regulatory compliance, and environmental performance to help clients meet circular economy goals.

 

2. Novamont S.p.A

Headquarters: Novara, Italy

Novamont is a global leader in bioplastics and the developer of Mater-Bi, a biodegradable and compostable polymer used in flexible packaging and agricultural films. The company emphasizes circular economy practices and has invested heavily in bio-refineries and R&D infrastructure.

 

3. Futamura Chemical Co., Ltd.

Headquarters: Nagoya, Japan

Futamura is known for its NatureFlex range of cellulose-based films that are home and industrially compostable. These films are used in organic food packaging and personal care products, meeting high sustainability and safety standards.

 

4. Mitsubishi Chemical Group Corporation

Headquarters: Tokyo, Japan

Mitsubishi Chemical provides biodegradable plastics like BioPBS, widely used in flexible packaging, disposable items, and agriculture. The company integrates sustainability with innovation, focusing on lifecycle performance and end-of-life degradation.

 

5. NatureWorks LLC

Headquarters: Minnesota, USA

NatureWorks produces Ingeo, a PLA-based biopolymer made from renewable resources. It is widely used in compostable food service items, films, and personal care packaging. The company is investing in global expansion and advanced composting infrastructure.

 

Are you ready to discover more about the Biodegradable Films Market?

The report provides an in-depth analysis of the leading companies operating in the global biodegradable films market. It includes a comparative assessment based on their product portfolios, business overviews, geographical footprint, strategic initiatives, market segment share, and SWOT analysis. Each company is profiled using a standardized format that includes:

 

Company Profiles

  1. BASF SE
  2. Business Overview
  3. Company Snapshot
  4. Products Overview
  5. Company Market Share Analysis
  6. Company Coverage Portfolio
  7. Financial Analysis
  8. Recent Developments
  9. Merger and Acquisitions
  10. SWOT Analysis
  1. Novamont S.p.A
  2. Futamura Chemical Co., Ltd.
  3. Mitsubishi Chemical Group Corporation
  4. NatureWorks LLC
  5. TIPA Corp Ltd.
  6. Walki Group
  7. Taghleef Industries
  8. Innovia Films (CCL Industries)
  9. BI-AX International Inc
  10. Others

 

Conclusion

The biodegradable films market is undergoing rapid transformation as sustainability becomes a core business priority across industries. Companies like BASF, Novamont, Futamura, and NatureWorks are pioneering advanced solutions to replace single-use plastics in key sectors such as packaging, agriculture, and healthcare. With strong policy backing, growing consumer awareness, and innovation in materials science, the global market is set for sustained growth through 2035. Businesses that adopt biodegradable technologies today are positioning themselves as leaders in the green economy of tomorrow.

 

About the Spherical Insights & Consulting

Spherical Insights & Consulting is a market research and consulting firm which provides actionable market research study, quantitative forecasting and trends analysis provides forward-looking insight especially designed for decision makers and aids ROI.

Which is catering to different industry such as financial sectors, industrial sectors, government organizations, universities, non-profits and corporations. The company's mission is to work with businesses to achieve business objectives and maintain strategic improvements. 

 

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