Compostable Packaging Market To See Stunning Growth by 2027
Source: https://industrialit.com.au/
The global compostable packaging market size is expected to be USD 84.70 billion in 2021 and reach USD 137.04 billion in 2027, registering a CAGR of 8.35% over the forecast period (2021-2027). Compostable packaging represents an eco-friendly, sustainable method of packaging. The rising consumer awareness about biodegradable and compostable packaging leads to the high adoption of environmentally friendly solutions in their offerings. Various packaging attributes, such as product appearance, are other factors that vary according to the material used in compostable packaging.