Latin America Biodegradable Plastic Films Market Size & Outlook
- Plastics Polymers & Resins
- Bio-Based Plastics
- Biodegradable Plastic Films Market Outlook
- Bio-Based Plastics
Global Market
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Latin America biodegradable plastic films market highlights
- The Latin America biodegradable plastic films market generated a revenue of USD 60.4 million in 2025.
- The market is expected to grow at a CAGR of 6.8% from 2026 to 2033.
- In terms of segment, starch blends was the largest revenue generating type in 2025.
- Starch Blends is the most lucrative type segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2026 to 2033.
Latin America data book summary
| Market revenue in 2025 | USD 60.4 million |
| Market revenue in 2033 | USD 101.1 million |
| Growth rate | 6.8% (CAGR from 2026 to 2033) |
| Largest segment | Starch blends |
| Fastest growing segment | Starch Blends |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Poly(butylene adipate-co-terephthalate) (PBAT), Polyhydroxyalkanoates (PHA), Polylactic Acid, Starch Blends, Polybutylene succinate (PBS), Others (Cellulose Films) |
| Key market players worldwide | Basf SE, Kingfa Technology, Cortec Corporation, Futamura, BioBag International, Plastchim-T, Clondalkin Group, Tipa, Brentwood Industries |
Other key industry trends
- In terms of revenue, Latin America region accounted for 4.7% of the global biodegradable plastic films market in 2025.
- Globally, Europe is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 510.7 million by 2033.
The Central & South America biodegradable plastics market is expected to grow substantially over the forecast period owing to changing consumer preferences for sustainable and compostable alternatives and increasing disposable incomes.
This is projected to fuel the demand for biodegradable plastics in the region over the forecast period. The recovering agriculture sector in Central & South America is driving the demand for related materials and components.
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Publish Date: Jun 25, 2026
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Biodegradable Plastic Films Market Scope
Biodegradable Plastic Films Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Basf SE | View profile | 111,855 | Carl-Bosch-Strasse 38, Ludwigshafen am Rhein, Germany, 67056 | www.basf.com |
| Kingfa Technology | View profile | 51-100 | Guangzhou, Guangdong, China, Asia | www.kingfa.com |
| Cortec Corporation | View profile | 101-250 | White Bear Lake, Minnesota, United States, North America | cortecvci.com |
| Futamura | View profile | 1001-5000 | Nagoya, Aichi, Japan, Asia | www.futamuragroup.com/en/ |
| BioBag International | View profile | 11-50 | Askim, Ostfold, Norway, Europe | biobagworld.com |
| Plastchim-T | View profile | 1001-5000 | Aksakovo, Varna, Bulgaria, Europe | plastchim-t.com |
| Clondalkin Group | View profile | 1001-5000 | Utrecht, Utrecht, The Netherlands, Europe | www.clondalkingroup.com/ |
| Tipa | View profile | 11-50 | Hod Hasharon, HaMerkaz, Israel, Asia | tipa-corp.com |
| Brentwood Industries | View profile | 501-1000 | Reading, Pennsylvania, United States, North America | www.brentwoodindustries.com/ |
Latin America Biodegradable Plastic Films Market Outlook
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Biodegradable Plastic Films Market Outlook will help companies and investors design strategic landscapes.
Starch Blends was the largest segment with a revenue share of 44.7% in 2025.
Horizon Databook has segmented the Latin America biodegradable plastic films market based on poly(butylene adipate-co-terephthalate) (pbat), polyhydroxyalkanoates (pha), polylactic acid, starch blends, polybutylene succinate (pbs), others (cellulose films) covering the revenue growth of each sub-segment from 2021 to 2033.
The Central & South America biodegradable plastics market is expected to grow substantially over the forecast period owing to changing consumer preferences for sustainable and compostable alternatives and increasing disposable incomes.
This is projected to fuel the demand for biodegradable plastics in the region over the forecast period. The recovering agriculture sector in Central & South America is driving the demand for related materials and components.
- Latin America Biodegradable Plastic Films Market Type Outlook (Revenue, USD Million , 2021-2033)
- Starch Blends
- Polylactic Acid
- Poly(butylene adipate-co-terephthalate) (PBAT)
- Polybutylene succinate (PBS)
- Polyhydroxyalkanoates (PHA)
- Others (Cellulose Films)
- Latin America Biodegradable Plastic Films Market Application Outlook (Revenue, USD Million , 2021-2033)
- Bags
- Wrapping Films
- Liners
- Sheets
- Others
- Latin America Biodegradable Plastic Films Market End-use Outlook (Revenue, USD Million , 2021-2033)
- Food & Beverage
- Healthcare
- Agriculture
- Personal Care & Cosmetics
- Electrical & Electronics
- Others
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America Biodegradable Plastic Films Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Biodegradable Plastic Films Market Outlook from 2021 to 2033, including revenue numbers, major trends, and company profiles.
Latin America Biodegradable Plastic Films Market, 2021-2033 (US$M)
Latin America biodegradable plastic films market statistics, by type, 2021-2033 (Kilotons)
