Bioplastic Packaging Market Global Trends, Market Share, Industry Size, Growth, Opportunities and Market Forecast – 2021 to 2027
The Bioplastic Packaging Market is expected to grow at a CAGR of 14% over the forecast period (2021-2027).
Plastics are primarily used in packaging because they are lightweight, flexible, have a barrier to moisture and do not leak. Bioplastics have the potential to address some of the most notable challenges posed by conventional plastics. There are three main groups of bioplastic materials packaging: bio-based, non-biodegradable materials, bio-based and biodegradable materials, and fossil-based and biodegradable materials. Bioplastics are plastic materials produced from renewable biomass sources such as vegetable oil, corn starch, straw, wood chips, sawdust and recycled food waste.
Market Segments
By product type:
- Bio-Polyethylene terephthalate (PET)
- Polylactic acid (PLA)
- Polyhydroxyalkanoates (PHA)
- Other (bio-PP, Polybutyrate (PBAT), Polybutylene succinate (PBS), Starch blends, etc.)
By application:
- Food & beverages
- Consumer Goods
- Pharmaceutical
- Industrial Goods
Key Players
The “Global Bioplastic Packaging Market” study report will provide a valuable insight with an emphasis on global market including some of the major players such as Dow Chemical Company, BASF SE, Eastman Chemical Company, Royal DSM, IFS Chemicals Ltd, NatureWorks LLC, Arkema Group, Metabolix Inc., Novamont SpA, and Albis Plastics GmbH.
Scope of the Report
The research study analyzes the global Bioplastic Packaging industry from 360-degree analysis of the market thoroughly delivering insights into the market for better business decisions, considering multiple aspects some of which are listed below as:
Recent Developments
o Market Overview and growth analysis
o Import and Export Overview
o Volume Analysis
o Current Market Trends and Future Outlook
o Market Opportunistic and Attractive Investment Segment
Geographic Coverage
o North America Market Size and/or Volume
o Latin America Market Size and/or Volume
o Europe Market Size and/or Volume
o Asia-Pacific Market Size and/or Volume
o Rest of the world Market Size and/or Volume
Key Questions Answered by Bioplastic Packaging Market Report
1. What was the Bioplastic Packaging Market size in 2019 and 2020; what are the estimated growth trends and market forecast (2021-2027).
2. What will be the CAGR of the Bioplastic Packaging Market during the forecast period (2021-2027)?
3. Which segments (product type/applications/end-user) were most attractive for investments in 2021? How these segments are expected to grow during the forecast period (2021-2027).
4. Which manufacturer/vendor/players in the Bioplastic Packaging Market was the market leader in 2020?
5. Overview on the existing product portfolio, products in the pipeline, and strategic initiatives taken by key vendors in the market.
The report will be delivered within 48-72 hours after payment confirmation