Innovative Swedish company manufacturing biodegradable products seeks distributors and wholesalers for business offers

The Swedish company enables their customers to reduce their environmental footprint, move towards circular economy, achieve Sustainable Development Goals (SDGs), reach their corporate social responsibility (CSR) targets and enhance their brand image by showing their customers that they care! The Swedish SME is preparing for an international market entry. In order to grow international business and acquire customers, the Swedish company is seeking commercial & distribution partners for their circular and sustainable products including drinking cups, straws and bags. GROWTH POTENTIAL Looking at the market, bio-plastics cover only 1% of the total market share, which means there is a huge potential. And the Swedish company has a great position to influence this market. MARKET POTENTIAL The global bio-plastics market size was valued at USD 8.3 billion in 2019 and is expected to register a compound annual growth rate (CAGR) of 16.1% from 2020 to 2027 reaching to - USD 19.93 billion. Europe is anticipated to witness the maximum growth over the forecast period. This is attributed to the factors, such as the presence of stringent regulations and increasing environmental concerns. Already from 2021, the EU has banned the sale of plastic products such as plastic straws, disposable plates, disposable cutlery, cotton swabs, etc. SCALABILITY The offered products can be produced using the conventional manufacturing facilities. This makes the technology highly scalable and cost-efficient to operate. Moreover, selling B2B and having innovative products makes it easier to scale to other markets. PREFERRED OUTCOME This company is looking for trade partnerships through commercial agency agreement or distribution services agreement. The company is looking for partners to expand to EU-markets. It is interested in building long term cooperation with commercial agents, wholesalers and distributors willing to promote, sell and distribute its products on local markets. The relevant customer segments include, but not limited to, sectors such as food chains, facility management providers, event organizers and office suppliers.