Global biodegradable plastics market value 2022-2030

Published by Statista Research Department, Jun 28, 2024
The market value of biodegradable plastics in 2022 was 5.28 billion U.S. dollars. It is forecast that the market value of global biodegradable plastics will grow threefold by 2030, to 14.43 billion U.S. dollars.

Market value of biodegradable plastics worldwide in 2022, with a forecast for 2030 (in billion U.S. dollars)

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Release date

November 2023

Region

Worldwide

Survey time period

2022

Supplementary notes

Forecast based on a CAGR of 13.38 percent between 2022 to 2030.
This statistic was assembled using more than one edition of the press release.

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Overview

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Production

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Segments

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Market forecasts

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