Thursday, October 19, 2023

Biodegradable Films Market - Industry Size, Share, Growth & Forecast 2028 | UnivDatos


 

Biodegradable films are degraded naturally by the influence of natural parameters like moisture, microbes, oxygen, and sunlight. Such films were invented to eliminate threats such as atmospheric pollution and landfill generation which are caused by non-biodegradable plastic films. Biodegradable films are mainly manufactured by the chemical replacement of carbon chains in the materials that are being used to manufacture plastic films so the degradation process happens faster than in the case of normal plastics. Environmental awareness and their long-term availability are boosting the demand for biodegradable films. According to research, approximately 100-200 million tons of plastic is present in oceans, with 8 million tons entering the water annually. Additionally, the slowly decreasing prices of biodegradable films are also increasing their popularity. However, the cost of plastic films is comparatively way lower which is hampering the demand for biodegradable films. Another challenge with biodegradable films is their inability to degrade when certain environmental conditions are not met. In recent years, there has been an observable change in customer inclination towards eco-accommodating plastic items, including biodegradable films. This pattern has been driven by developing worries about the natural effect of conventional plastics that add to the contamination in landfills and seas.

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The demand has been fueling with rising demand from food packaging industry wherein starch-based polymers such as polylactic acid (PLA) and polyhydroxyalkanoates (PHA) are increasingly being used as raw materials to create food and beverage packaging goods due to their ease of disposal, degradability, and recyclability. Hence, companies are using green packaging labelling for branding and client acquisition, meeting a growing demand for biodegradable materials in food packaging and compostable bag applications. For instance, a SeaFilm food packaging project in European Union (EU) is aiming to create an alternative too single use plastic for the conservation of frozen fish. This film is made of seaweed and edible algae which can either be disposed off or can also be consumed along with the fish.

Opportunities 

  • Shelf life for food helps to boom the biodegradable film industry

Maintaining the quality of packaged foods and shielding them from physical, chemical, and environmental contaminants require complete food packaging. The usefulness of biodegradable films in improving food quality, shelf life, safety, and usability is fueling the growth of the global biodegradable films market. The food industry uses biodegradable films for edible coating, paper boards, egg trays, carry bags, wrapping films, and food packaging.

  • Increase in Government support and incentives

Government in many countries have been taking initiatives to promote usage of sustainable materials including biodegradable packaging as a result of rising negative impact of non-degradable synthetic plastic on the environment. This is majorly be expected to fuel the market in the forecast period. Additionally rise in awareness about environmental issues has encouraged governments to initiate campaign to promote the usage of biodegradable films among consumers. Hence, demand for eco-friendly packaging materials has been rising in various industries including Food & Beverages, Agriculture and Pharmaceuticals. For instance, the U.S. Department of Energy announced in January 2022 that it would invest $13.4 million to reduce plastic emissions and develop novel biodegradable and recyclable plastic solutions. The public authority expects to arrive at net zero fossil fuel byproducts in the country continuously 2050.

Restraints/Challenges Global Biodegradable Films Market 

Biodegradable film prices are higher than regular plastic films

The cost of producing biodegradable films is 20% to 80% higher than conventional plastic films. This is primarily due to the high cost of biodegradable plastic polymerization.  Several governments are offering incentives and subsidies to manufacturers to encourage the production of biodegradable films.

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Scope of Biodegradable Films Market 

The biodegradable films can offer protection to food products, thus maintaining their properties throughout storage and transportation. Overall, the usage of biodegradable films in the food packaging sector has the potential to significantly reduce the amount of plastic waste that is being generated, hence providing a more sustainable and eco-friendly packaging solution that can also protect the quality and safety of food products.

It has been suggested to use starch-based biodegradable films including fossil content, reduction in energy consumption, eco-friendly disposal, and zero net increase in CO2 in the ecosystem. Since starch can be used to produce biodegradable films in three ways: by blending a small amount of starch with other plastics; by preparing some composites related to starch with more than half the mass comprising starch and through the exertion process. 

Examples of companies using biodegradable films: 

Several companies have already adopted biodegradable films as part of their sustainability initiatives. Here are a few examples:

  • Patagonia: Known for its commitment to environmental responsibility, Patagonia has introduced a line of clothing bags made from biodegradable materials. The company claims that these bags will completely degrade within six months if left outdoors.
  • Method Products: Method, a popular household cleaning products brand, uses biodegradable films to package its laundry detergent pods. The company claims that its biodegradable films are fully compostable and won't end up in landfills or oceans.
  • Seventh Generation: This eco-friendly household goods company uses biodegradable films to protect its products during transportation. Seventh Generation claims that its biodegradable films are made from renewable resources and are fully compostable at the end of their lifecycle. 

Conclusion: 

The use of biodegradable films represents a significant shift towards more sustainable packaging solutions. As consumer awareness grows and regulations tighten around plastic waste, companies that embrace biodegradable materials will be well positioned to meet growing demand for eco-friendly options. Whether you're a large corporation or a small startup, there are plenty of opportunities to incorporate biodegradable films into your packaging strategy.

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