United Kingdom Biodegradable Packaging Market Insights Forecasts to 2033

• The Market is Growing at a CAGR of 5.2% from 2023 to 2033
• The UK Biodegradable Packaging Market Size is Expected to Hold a Significant Share by 2033

The U.K. Biodegradable Packaging Market Size is Anticipated to Hold a Significant Share by 2033, Growing at a CAGR of 5.2% from 2023 to 2033.

Market Overview

Biodegradable packaging is made of substances that microbes such as bacteria, fungi, and algae may break down. The ability of a material to break down and return to its natural state is referred to as "biodegradable." Packing materials must completely decompose and turn into natural elements within a short time after disposal, often within a year. The two most popular forms of biodegradable packaging are polymers made from plants and cartons or paper. Additionally, the UK government has set aggressive goals to cut plastic waste and reach net-zero carbon emissions by 2050. Biodegradable materials and other environmentally friendly packaging choices have been promoted as part of this commitment. Furthermore, growing environmental consciousness and consumer desire for eco-friendly products in the UK have prompted businesses to invest in biodegradable packaging solutions in addition to changing consumer behavior.

Report Coverage

This research report categorizes the market for the UK biodegradable packaging market based on various segments and regions and forecasts revenue growth and analyzes trends in each submarket. The report analyses the key growth drivers, opportunities, and challenges influencing the United Kingdom biodegradable packaging market. Recent market developments and competitive strategies such as expansion, product launch, and development, partnership, merger, and acquisition have been included to draw the competitive landscape in the market. The report strategically identifies and profiles the key market players and analyses their core competencies in each sub-segment of the U.K. biodegradable packaging market.

Driving Factors

The rise in online shopping over the past few years has resulted in a significant increase in packaging waste, raising concerns about the environment. Additionally, the packaging sector in the UK is adjusting to these consumer trends by balancing cost-effectiveness and sustainability through innovation, led by firms like as DS Smith and Amcor. Packaging that uses PCR content and advances in recyclable materials like PET bottles are two examples of cost-effective yet ecologically friendly solutions. Furthermore, in response to consumer requests for more ecologically friendly packaging solutions, numerous UK-based companies and organizations have been making significant investments in research and development to create sustainable packaging materials.

Restraining Factors

Biodegradable packaging materials are expensive to make and recycle, which will limit the market's potential growth.

Market Segmentation

The UK biodegradable packaging market share is classified into material and end-user.

• The paper & paper board segment is expected to hold the greatest market share through the forecast period.    

The U.K. biodegradable packaging market is segmented by material into paper & paper board, bioplastic, and bagasse. Among these, the paper & paper board segment is expected to hold the greatest market share through the forecast period. Paper and paperboard are commonly utilized in recyclable packaging since they are recyclable and environmentally favorable. They are easily recycled, compostable, and biodegradable, and they are made from pulp from trees.

• The food & beverage segment is anticipated to hold a significant share of the United Kingdom biodegradable packaging market during the forecast period.       

Based on the end-user, the UK biodegradable packaging market is divided into food & beverage, personal care cosmetics, pharmaceuticals, homecare, and other consumer goods. Among these, the food & beverage segment is anticipated to hold a significant share of the United Kingdom biodegradable packaging market during the forecast period. Considering their superior barrier qualities, durability against moisture, and suitability for a range of food and beverage applications, such materials offer long-term solutions to consumer needs for environmentally friendly packaging.

Competitive Analysis:

The report offers the appropriate analysis of the key organizations/companies involved within the U.K. biodegradable packaging market along with a comparative evaluation primarily based on their product offering, business overviews, geographic presence, enterprise strategies, segment market share, and SWOT analysis. The report also provides an elaborative analysis focusing on the current news and developments of the companies, which includes product development, innovations, joint ventures, partnerships, mergers & acquisitions, strategic alliances, and others. This allows for the evaluation of the overall competition within the market.

List of Key Companies

• Biome Technologies plc
• BASF SE
• NatureWorks LLC
• Total Corbion PLA
• Danimer Scientific
• Plantic Technologies Limited
• Tipa Corp Ltd
• Others

Key Target Audience

• Market Player
• Investors
• End-users
• Government Authorities 
• Consulting And Research Firm
• Venture capitalists
• Value-Added Resellers (VARs)

Recent Developments

• In September 2022, for the purpose of improving bioplastic food packaging, British bioplastics and radio frequency company Biome has obtained money from the government organization Innovate UK.

Market Segment

This study forecasts revenue at the UK, regional, and country levels from 2020 to 2033. Spherical Insights has segmented the United Kingdom Biodegradable Packaging Market based on the below-mentioned segments:

United Kingdom Biodegradable Packaging Market, By Material

• Paper & Paper Board
• Bioplastic
• Bagasse

United Kingdom Biodegradable Packaging Market, By End-User

• Food & Beverage
• Personal Care Cosmetics
• Pharmaceuticals
• Homecare
• Other Consumer Goods