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Stock impact report

Oxo Biodegradable Bag Market Poised to Achieve USD 1.4 Billion by 2034, Driven by Eco-Conscious Consumer Demand | Future Market Insights, Inc. [Yahoo! Finance]

Amcor plc Ordinary Shares (AMCR) 
Last amcor plc ordinary shares earnings: 2/11 04:15 pm Check Earnings Report
Company Research Source: Yahoo! Finance
production costs, and competition from other biodegradable alternatives. (Source: Future Market Insights) The growth of the oxo-biodegradable bag market is driven by increasing environmental awareness and a rising demand for sustainable alternatives to traditional plastic bags, as well as the ability of oxo-biodegradable bags to break down more quickly than conventional plastic, reducing their environmental impact. (Source: Future Market Insights) The global oxo-biodegradable bag market is set to register a steady CAGR of 4.6% from 2024 to 2034, with market demand projected to reach USD 921.5 million in 2024 and grow to USD 1.4 billion by 2034. (Source: Future Market Insights) The United States market is projected to maintain a CAGR of 2.4% over the forecast period, while China's oxo-biodegradable bag market is expected to grow at a CAGR of 4.8% from 2024 to 2034, and India's market is projected to expand with a CAGR of 5.1% over the forecast period. (Source: Future Market Insig Show less Read more
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