7/16/2025, 9:08:09 PM | www.newstrail.com | news
Compostable Packaging Market Hits New High | Major Giants BASF, Novamont, TIPA Corp, Amcor
HTF MI released a comprehensive report projecting the global compostable packaging market will grow at a 15.4% CAGR from 2025 to 2032, reaching $66.8 billion by 2032. Key players include BASF, Novamont, TIPA Corp, Amcor, and others. The market is driven by eco-regulations, bans on single-use plastics, and green consumerism, with Europe as the dominant region and Asia-Pacific as the fastest-growing region.