Starch Based Plastic Shopping Bag Market was valued at USD 0.84 Billion in 2022 and is projected to reach USD 1.78 Billion by 2030, growing at a CAGR of 9.83% from 2024 to 2030.
The starch-based plastic shopping bag market was valued at approximately USD 2.1 billion in 2022, with expectations of growing at a compound annual growth rate (CAGR) of 8.5% from 2023 to 2030. This growth trajectory is driven by the increasing demand for eco-friendly and sustainable packaging solutions amid global regulatory pressures on plastic waste. The market's expansion is further supported by advancements in starch-based polymers and heightened consumer awareness about environmental impacts. In 2022, North America and Europe led the market, while emerging regions like Asia-Pacific are anticipated to exhibit robust growth due to rising industrialization and regulatory shifts towards sustainable practices. Opportunity analysis highlights several key trends influencing the market. The rising adoption of starch-based plastics in retail and food packaging sectors is creating significant growth prospects. Additionally, technological innovations in biopolymer production and government initiatives promoting biodegradable materials are expected to bolster market opportunities. Emerging markets, particularly in developing regions, are poised for substantial growth as infrastructure and regulatory frameworks for sustainable products evolve. The growing emphasis on circular economy principles and waste reduction strategies is likely to drive further market development in the coming years.
Get an In-Depth Research Analysis of the Global Starch Based Plastic Shopping Bag Market Size And Forecast [2025-2032]
Biopak
Affinity Supply Co.
BioMass Packaging
Bhavani Plastics
Ceylan International
Dongguan Xinhai Environment Friendly Materials Co.
Ltd.
Hensein Bio Bags Factory
LGLPAK LIMITED
Shenzhen Guangxinda
Dongguan Sengtor Plastics Products Co.
Ltd
Zhaoqing Lida Packing Materials Factory Co.
Ltd.
XCS
Guangdong Chaoye Plastic Products Co.
Ltd.
GLOBAL
SMAEL
Torise Biomaterials
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. The Asia-Pacific region is expected to be a key driver of growth, accounting for more than 35% of total revenue growth. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
Get Discount On The Purchase of the Global Starch Based Plastic Shopping Bag Market Size And Forecast [2025-2032]
Growing demand for below applications around the world has had a direct impact on the growth of the Global Starch Based Plastic Shopping Bag Market
Commercial
Household
Based on Types the Market is categorized into Below types that held the largest Starch Based Plastic Shopping Bag market share In 2023.
Corn Sarch Based Shopping Bags
Potato Starch Based Shopping Bags
Cassava Starch Based Shopping Bags
Others
Global (United States, Global and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
For More Information or Query, Visit @ Starch Based Plastic Shopping Bag Market Research Analysis
1. Introduction of the Global Starch Based Plastic Shopping Bag Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Starch Based Plastic Shopping Bag Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Starch Based Plastic Shopping Bag Market, By Type
6. Global Starch Based Plastic Shopping Bag Market, By Application
7. Global Starch Based Plastic Shopping Bag Market, By Geography
Global
Europe
Asia Pacific
Rest of the World
8. Global Starch Based Plastic Shopping Bag Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
About Us: Verified Market Reports
Verified Market Reports is a leading Global Research and Consulting firm servicing over 5000+ global clients. We provide advanced analytical research solutions while offering information-enriched research studies. We also offer insights into strategic and growth analyses and data necessary to achieve corporate goals and critical revenue decisions.
Our 250 Analysts and SMEs offer a high level of expertise in data collection and governance using industrial techniques to collect and analyze data on more than 25,000 high-impact and niche markets. Our analysts are trained to combine modern data collection techniques, superior research methodology, expertise, and years of collective experience to produce informative and accurate research.
Contact us:
Mr. Edwyne Fernandes
US: +1 (650)-781-4080
US Toll-Free: +1 (800)-782-1768
Website: https://www.verifiedmarketreports.com/