Biodegradable Film Market to Boom at 4.1% CAGR: Eco-conscious Consumers and Industries Drive Growth
NEWARK, Del., March 21, 2024 /PRNewswire/ -- The biodegradable film market is slated to have a valuation of US$ 1,258.4 million in 2024. The packaging industry is thriving as a result of the industrial boom, especially in Asian nations. However, the packaging industry also has to face up to the reality of a significant amount of products being used in packaging being harmful to the environment. Thus, there is a clamor for green packaging solutions and biodegradable films are one such solution that is being embraced.
- A comprehensive report by Future Market Insights explores the Biodegradable Film Market's projected growth over the next decade.
- NEWARK, Del., March 21, 2024 /PRNewswire/ -- The biodegradable film market is slated to have a valuation of US$ 1,258.4 million in 2024.
- "Biodegradable films are expected to progress along with the growth of the industries like food and beverage and agriculture.
- In December 2021, a biodegradable film made from corn protein was produced by scientists from Harvard University and Nanyang Technological University.