Cassava Bags Market Overview
Cassava is a commonly found root-vegetable and industrial crop across Africa, Indonesia, China, Vietnam, Thailand and other countries. As the name suggests, the bag is made of purely plant-based components by extracting starches from the root of cassava plant a coupled with organic materials for producing an environment friendly bag. The cassava bag is a biodegradable and compostable bag which takes almost a month to get dissolved on sea and land.
Though, it gets dissolved instantly in hot water. Mankind is on a continuous search of an eco-friendly, biodegradable and bio compostable bag which could take minimal time to get dissolved and this has resulted to the invention of cassava bags in the market. The growing concern about environment among people is expected to augment the growth for cassava bags market.
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Cassava Bags Market: Dynamics
Drivers:
The cassava bags are bio degradable, bio compostable, eco-friendly and takes 105 days to break down in land and cold water. The inventor, claims that the cassava can dissolve in hot water within a fraction of second and it leaves no residue or trace of any toxic element. These cassava bags produce low oxygen transmission rate which is necessary for maintaining health and safety.
The nature friendly cassava bags are safe to be consumed by the microorganisms which helps in maintaining the environmental cycle. These are some of the key factors that are driving the market for cassava bags by considering these bags as regular packaging solutions in the industry.
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Restraints:
Cassava bags require accurate weather to get decomposed. These cassava bags do not account for herbicides and pesticides and they need proper way of disposal to get composted completely. Moreover, cassava bags production comes at a high capital cost and sometimes produce methane in landfill which might create difficulties for the cassava bags market in future.
Opportunities:
Implemented Rules and Regulations against Plastic Use by Various Governments’ Rules to Augment the Cassava Bags Market’s Growth
Various legislative strict actions against plastic distribution and use have an effective solution to reduce the distribution of single use plastic. The non-degradable plastics are making garbage patch in ocean and on land which is indirectly responsible for destroying the normal healthy environmental cycle which has made the world declare a war against plastic use.
This has resulted into the innovation of numerous substitute of plastic bags. Scientists in Brazil have developed a biodegradable plastic-resin made from cassava starch which can be used as food- packaging solution or other carrier bags by applying ozone gas to the starch. The growing food & beverage industry along with other sectors is expected to create opportunities for cassava bags as packaging solution over the forecast period.
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Demand for Sustainable Beauty Products to Amplify the Production of Cassava Bags Market
Moreover, people are on a continuous search of everlasting beauty and youth. But as the rate of production increases, so do the damaging effects of the waste left behind by these products. So, the beauty-products hurt our natural resources in an unimaginable manner. According to a report, the cosmetic sector in 2019, has produced 120 billion unit packaging which has created an alarming situation in the beauty industry resulting into the demand for sustainable products. Recently, Garnier has omitted plastic from its brand as packaging solution.
Loreal has made a partnership with EcoNest PH to come up with honeycomb paper wraps, made of sustainable recyclable materials. The never ending craze and demand for beauty products is pushing the beauty industry one step ahead towards the increased production rate which in turn is fuelling up the growth of cassava bags in the packaging industry.
Cassava Bags Market: COVID-19 Effect
The advent of COVID-19 has enhanced the various complexities of producing alternative solution to plastics bags. The hyper-hygienic way of our lives, in the fear of transmission of virus have shifted the behavioural styles like ordering packaged food and other things which have created a sluggish growth rate for cassava bags production.
The inefficiency of producing cassava bags in factories due to the inadequate manpower, interruption in supply chain management , lock down system have adversely affected on the growth of cassava bags market. However, the actual growth of cassava bags market for the forecast period will depend on the duration and severity of the disease.
Cassava Bags Market: Regional Outlook
The Asia Pacific region will dominate the other regions in cassava bags market owing to its highest population. The highest populated region is expected to create the highest rate of demand for outlet foods which ultimately will escalate the growth of cassava bags market. North America and Europe are also expected to show decent growth rates due to the decent business of food & beverage industry and Brazil is the largest producer of cassava.
The Middle East & Africa region is anticipated to show a good growth rate over the forecast period as the beauty industry is expanding its business in the region and growing hospitality industry is also taking accountability for cassava bags market’s growth.
Cassava Bags Market: Key Players
- No Plastic International Pty Ltd.
- Envigreen Biotech India Private Ltd
- Biogreen Bgas Co. Ltd.
- Avani Eco
- Affinity Supply Co.
- SainBag