Global Bioplastic Packaging Market to reach USD xx billion by 2027.Global Bioplastic Packaging Market is valued approximately USD xx billion in 2020 and is anticipated to grow with a healthy growth rate of more than 15.2% over the forecast period 2021-2027. Rising consumer preference for recyclable and eco-friendly materials, as well as increasing downsizing of packaging, breakthroughs in new technologies and innovations, rise in non-biodegradable materials, rising public awareness about environmental health issues such as soil pollution, rising awareness about the negative impact of plastics, and rising consumer demand for the use of green packaging for food, are all driving market growth. Furthermore, in the projected period, rising modernization and technological improvements in the packaging sector, as well as rising e-commerce expansion, will provide new chances for the bioplastics packaging market. For instance, Global bioplastics production capacity is expected to rise from 2.11 million metric tonnes in 2020 to around 2.7 million metric tonnes in 2025, according to European Bioplastics (Association of Bioplastics). In 2020, 1,227 metric tonnes of biodegradable bioplastics and 884 bio-based non-biodegradable bioplastics were generated, according to the organization. However, lack of recycling infrastructure, lack of awareness about the importance of sustainability in some emerging economies, and rising packaging shift toward non-plastic solutions are among the major factors limiting market growth, while raw material price fluctuations will further challenge the market's growth. Whereas, increasing developments in technologies will offer opportunities for market players in market in forecasting years.


The main regions of Asia Pacific, North America, Europe, Latin America, and the Rest of the World are included in the geographical analysis of the worldwide Bioplastic Packaging market. In 2020, the Europe region dominated the Bioplastic Packaging market, accounting for significant amount of total revenue. Due to strict rules against the use of non-recyclable plastics and the growing popularity of sustainable packaging in the manufacturing industry, Europe is likely to be one of the largest markets for bioplastic packaging over the projection period. Government policies in Europe that support the bio-economy, such as the Europe 2020 policy, encourage public agencies to priorities purchase of bio-based products and allow member states to lower bio-based product taxes.
Major market player included in this report are:
Dow Chemical Company
BASF SE
Eastman Chemical Company
Royal DSM
IFS Chemicals Ltd
NatureWorks LLC
Arkema Group
Metabolix Inc.
Novamont SpA
Albis Plastics GmbH
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and Mode of Operation offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Material type:
BIO - PET
BIO - PE
BIO - PA
Other Bio-Based/Non-Biodegradable Materials
Starch Blends
PLA
PBAT
PHA
Other Biodegradable Materials
By Product type:
Rigid Plastic Packaging
Flexible Packaging
By End-user:
Food
Beverage
Pharmaceuticals
Personal Care & Household Care
Other End-user Applications
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global Bioplastic Packaging Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors