Two researchers from Chile Roberto Astete and Cristian Olivares, have created water soluble plastic bags. These water soluble plastic bags have the ability to break down within few minutes and there are no oil derivatives that can harm the environment. The growing need for biodegradable plastics bags is required due to increasing harmful effect on marine life and natural environment. Thus, these types of water soluble plastic bags will be effective for the nature and its living being.

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Increasing emission of toxic gases from numerous industries, factories, and excessive use of electronic items have surged the need for take effective steps to minimize the release of harmful gases. Currently the changing lifestyle and higher consumption of packaged products have increase the demand for packet bags that are not eco-friendly. Therefore, the need for biodegradable plastic bags and sacks in the global market. As there are numerous uses of plastics in bags and sacks that cannot be disposed easily and is responsible for increasing pollution in the environment, biodegradable plastic bags offers a solution.

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Additionally, the usage of biodegradable plastics effectively manage the issue of plastic pollution in developed and developing countries, thus it is likely that the market for biodegradable plastic bags and sacks will significantly grow in coming years. High demand for reusable plastic bags and sacks in retail sector is also expected to boost the global market for biodegradable plastic bags and sacks in coming years. As per the recent report published by Transparency Market Research (TMR), the global biodegradable plastics bags and sacks market is predicted to expand at a 6.9% of CAGR and valuation is expected to reach up to US$ 2.05 bn by the end of forecast period in 2022.