Cassava Packaging Market Trends and Forecast
The future of the global cassava packaging market looks promising with opportunities in the food, cosmetic, and agriculture markets. The global cassava packaging market is expected to reach an estimated $2.8 billion by 2030 with a CAGR of 8.0% from 2024 to 2030. The major drivers for this market are increasing demand for protective and aesthetically pleasing packaging and growing preference for eco-friendly materials based packaging.
• Lucintel forecasts that cassava bag is expected to witness the higher growth over the forecast period.
• Within this market, food is expected to witness the highest growth.
• APAC is expected to witness highest growth over the forecast period.
United States: In the United States, the cassava packaging market is gaining attention as companies and consumers become more environmentally conscious. Companies like Avani Eco have introduced cassava-based packaging solutions to reduce plastic waste. Avani Eco’s packaging products are biodegradable and compostable, aligning with the increasing consumer demand for sustainable alternatives. The U.S. government supports such initiatives through environmental regulations and incentives aimed at reducing plastic pollution. The federal government’s focus on promoting sustainable materials and reducing carbon footprint aligns with the industryÄX%$%Xs shift towards eco-friendly packaging solutions.
India: In India, the cassava packaging market is expanding rapidly due to the growing awareness of environmental issues and government support for sustainable practices. EnviGreen, an innovative company, has developed biodegradable and compostable packaging materials made from cassava. The company’s initiative targets the reduction of plastic waste in India and offers a viable alternative to traditional plastic packaging. The Indian government has been actively promoting eco-friendly packaging through initiatives like the Swachh Bharat Abhiyan (Clean India Mission) and has set targets to ban single-use plastics, encouraging companies to adopt sustainable packaging solutions.
China: China’s cassava packaging market is developing as part of the broader effort to address environmental concerns and reduce plastic pollution. Companies like Shenzhen Ecomann Biotechnology have been at the forefront, offering cassava-based biodegradable packaging solutions. Shenzhen Ecomann announced the launch of new cassava packaging products that decompose naturally, providing an eco-friendly alternative to plastic. The Chinese government has set ambitious targets to reduce plastic waste and promote the use of biodegradable materials, as part of its larger environmental protection policies, creating a favorable environment for the growth of the cassava packaging market.
A more than 150-page report is developed to help in your business decisions. Sample figures with some insights are shown below.
Cassava Packaging by Segment
The study includes a forecast for the global cassava packaging by type, application, and region.
Cassava Packaging Market by Type [Shipment Analysis by Value from 2018 to 2030]:
• Cassava Bag
• Tapioca Cup
• Others
Cassava Packaging Market by Application [Shipment Analysis by Value from 2018 to 2030]:
• Food
• Cosmetic
• Agriculture
• Others
Cassava Packaging Market by Region [Shipment Analysis by Value from 2018 to 2030]:
• North America
• Europe
• Asia Pacific
• The Rest of the World
List of Cassava Packaging Companies
Companies in the market compete on the basis of product quality offered. Major players in this market focus on expanding their manufacturing facilities, R&D investments, infrastructural development, and leverage integration opportunities across the value chain. With these strategies cassava packaging companies cater increasing demand, ensure competitive effectiveness, develop innovative products & technologies, reduce production costs, and expand their customer base. Some of the cassava packaging companies profiled in this report include-
• Universal Biopack
• Econest Philippines
• Jáfui Mandioca
• Greenhope
• Affinity Supply
• Garnier
• Avani Eco Hub
Recent Development in the Cassava Packaging Market
Avani Eco: Avani Eco, an Indonesian-based company that has expanded its reach globally, is a leader in the cassava packaging market. The company has developed innovative packaging solutions made from cassava starch that are biodegradable and compostable. Recently, Avani Eco announced the launch of its new cassava-based shopping bags and food packaging products aimed at reducing plastic waste and offering a sustainable alternative to traditional plastic. This initiative is part of the company’s broader strategy to address environmental concerns and meet the increasing consumer demand for eco-friendly packaging solutions. Avani Eco’s efforts align with global sustainability trends and regulatory pressures to reduce plastic usage.
EnviGreen: EnviGreen, an India-based company, has been pioneering the use of cassava starch in packaging. The company has developed a range of biodegradable and compostable packaging products that decompose naturally without leaving toxic residues. EnviGreen recently announced its expansion plans to scale up production and distribution across India and other markets. This initiative aims to replace single-use plastic bags and packaging materials with sustainable alternatives, in line with IndiaÄX%$%Xs national goal to eliminate single-use plastics. EnviGreen’s products have gained significant attention for their environmental benefits and potential to transform the packaging industry in India and beyond.
Shenzhen Ecomann Biotechnology: Shenzhen Ecomann Biotechnology, a Chinese company, has been making strides in the cassava packaging market by focusing on eco-friendly and sustainable solutions. The company recently introduced a new line of biodegradable packaging materials derived from cassava starch. These products are designed to address the environmental impact of plastic waste and provide a sustainable alternative for packaging needs. Shenzhen Ecomann Biotechnology’s initiative is part of a broader movement in China to promote green technologies and reduce plastic pollution, supported by government policies and consumer demand for sustainable products.
BIO-LUTIONS: BIO-LUTIONS, a Germany-based company, has been at the forefront of sustainable packaging innovations. The company has developed a range of packaging materials made from agricultural residues, including cassava starch. BIO-LUTIONS recently announced the launch of its new cassava-based packaging products, which are designed to be fully biodegradable and compostable. This initiative aims to replace traditional plastic packaging with eco-friendly alternatives, aligning with Germany’s stringent environmental regulations and the circular economy goals. BIO-LUTIONS’ efforts are focused on reducing the environmental footprint of packaging and promoting the use of sustainable materials in the industry.
Tipa: Tipa, an Israeli company known for its innovative biodegradable packaging solutions, has recently ventured into the cassava packaging market. Tipa has developed a line of compostable packaging products made from cassava starch, designed to provide the same level of protection and convenience as conventional plastic packaging. The company announced its plans to expand its product range and distribution network to meet the growing demand for sustainable packaging solutions worldwide. Tipa’s initiative is part of its broader commitment to reducing plastic waste and offering environmentally friendly alternatives to traditional packaging materials.
Features of the Global Cassava Packaging Market
Market Size Estimates: Cassava packaging market size estimation in terms of value ($B).
Trend and Forecast Analysis: Market trends (2018 to 2023) and forecast (2024 to 2030) by various segments and regions.
Segmentation Analysis: Cassava packaging market size by type, application, and region in terms of value ($B).
Regional Analysis: Cassava packaging market breakdown by North America, Europe, Asia Pacific, and Rest of the World.
Growth Opportunities: Analysis of growth opportunities in different types, applications, and regions for the cassava packaging market.
Strategic Analysis: This includes M&A, new product development, and competitive landscape of the cassava packaging market.
Analysis of competitive intensity of the industry based on Porter’s Five Forces model.
FAQ
Q1. What is the cassava packaging market size?
Answer: The global cassava packaging market is expected to reach an estimated $2.8 billion by 2030.
Q2. What is the growth forecast for cassava packaging market?
Answer: The global cassava packaging market is expected to grow with a CAGR of 8.0% from 2024 to 2030.
Q3. What are the major drivers influencing the growth of the cassava packaging market?
Answer: The major drivers for this market are increasing demand for protective and aesthetically pleasing packaging and growing preference for eco-friendly materials based packaging.
Q4. What are the major segments for cassava packaging market?
Answer: The future of the cassava packaging market looks promising with opportunities in the food, cosmetic, and agriculture markets.
Q5. Who are the key cassava packaging market companies?
Answer: Some of the key cassava packaging companies are as follows:
• Universal Biopack
• Econest Philippines
• Jáfui Mandioca
• Greenhope
• Affinity Supply
• Garnier
• Avani Eco Hub
Q6. Which cassava packaging market segment will be the largest in future?
Answer: Lucintel forecasts that cassava bag is expected to witness the higher growth over the forecast period.
Q7. In cassava packaging market, which region is expected to be the largest in next 5 years?
Answer: APAC is expected to witness highest growth over the forecast period.
Q8. Do we receive customization in this report?
Answer: Yes, Lucintel provides 10% customization without any additional cost.
This report answers following 11 key questions:
Q.1. What are some of the most promising, high-growth opportunities for the cassava packaging market by type (cassava bag, tapioca cup, and others), application (food, cosmetic, agriculture, and others), and region (North America, Europe, Asia Pacific, and the Rest of the World)?
Q.2. Which segments will grow at a faster pace and why?
Q.3. Which region will grow at a faster pace and why?
Q.4. What are the key factors affecting market dynamics? What are the key challenges and business risks in this market?
Q.5. What are the business risks and competitive threats in this market?
Q.6. What are the emerging trends in this market and the reasons behind them?
Q.7. What are some of the changing demands of customers in the market?
Q.8. What are the new developments in the market? Which companies are leading these developments?
Q.9. Who are the major players in this market? What strategic initiatives are key players pursuing for business growth?
Q.10. What are some of the competing products in this market and how big of a threat do they pose for loss of market share by material or product substitution?
Q.11. What M&A activity has occurred in the last 5 years and what has its impact been on the industry?
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