Report overview
Bioplastics are plastics made from renewable biomass sources or food crops such as vegetable fat, corn starch, vegetable oil, pea starch, and microbiota. The different types of bioplastics available include polymers that are directly extracted from biomass and processed, polymers that are made from bio-based precursors such as PLA, and polymers that are made by bacteria such as PHA and PHB. Bioplastics are different from conventional plastics, and they can be used to produce various products such as utensils, bags, furniture, carpets, films, bottles, cups, and packaging materials.
This report aims to provide a comprehensive presentation of the global market for Bioplastic Packaging Material, with both quantitative and qualitative analysis, to help readers develop business/growth strategies, assess the market competitive situation, analyze their position in the current marketplace, and make informed business decisions regarding Bioplastic Packaging Material. This report contains market size and forecasts of Bioplastic Packaging Material in global, including the following market information:
Global Bioplastic Packaging Material Market Revenue, 2018-2023, 2024-2032, ($ millions)
Global Bioplastic Packaging Material Market Sales, 2018-2023, 2024-2032, (K MT)
Global top five Bioplastic Packaging Material companies in 2022 (%)
The global Bioplastic Packaging Material market was valued at US$ million in 2022 and is projected to reach US$ million by 2029, at a CAGR of % during the forecast period. The influence of COVID-19 and the Russia-Ukraine War were considered while estimating market sizes.
The demand for affordable and sustainable packaging solution for a diverse range of products determines the need for bioplastic packaging sales market. Mainly, the food and beverage industry encompasses the use of bioplastic packaging material for food packaging and other uses. Packaging solutions have paved a significant way among every food and beverage company. Bioplastics thus have expected to achieve a prominent position in the global F&B sector mainly due to the advantage it offers. The sources include biomass, biopolymers and bioplastics as the most innovative packaging materials for food materials which also augments the demand according to consumer preference. Increasing number of green initiatives being undertaken various regulatory bodies around the world has resulted in an increased awareness among consumers which is expected to be one of the primary drivers for the growth of the market. Moreover, growth of the global packaging market is likely to propel the growth over the projected period. Europe market is anticipated to grow at a higher CAGR in the forthcoming years owing to rising use of bioplastic packaging materials in the region. APAC market is also expected to witness a higher CAGR growth in the forthcoming period owing to growing emphasis on bioplastics packaging materials for food & beverage products.
MARKET MONITOR GLOBAL, INC (MMG) has surveyed the Bioplastic Packaging Material manufacturers, suppliers, distributors and industry experts on this industry, involving the sales, revenue, demand, price change, product type, recent development and plan, industry trends, drivers, challenges, obstacles, and potential risks.
Total Market by Segment:
Global Bioplastic Packaging Material Market, by Type, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Bioplastic Packaging Material Market Segment Percentages, by Type, 2022 (%)
Bio-Degradable Material
Non-Biodegradable Material
Global Bioplastic Packaging Material Market, by Application, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Bioplastic Packaging Material Market Segment Percentages, by Application, 2022 (%)
Plastic Bottles
Food Packaging
Others
Global Bioplastic Packaging Material Market, By Region and Country, 2018-2023, 2024-2032 ($ Millions) & (K MT)
Global Bioplastic Packaging Material Market Segment Percentages, By Region and Country, 2022 (%)
North America
US
Canada
Mexico
Europe
Germany
France
U.K.
Italy
Russia
Nordic Countries
Benelux
Rest of Europe
Asia
China
Japan
South Korea
Southeast Asia
India
Rest of Asia
South America
Brazil
Argentina
Rest of South America
Middle East & Africa
Turkey
Israel
Saudi Arabia
UAE
Rest of Middle East & Africa
Competitor Analysis
The report also provides analysis of leading market participants including:
Key companies Bioplastic Packaging Material revenues in global market, 2018-2023 (Estimated), ($ millions)
Key companies Bioplastic Packaging Material revenues share in global market, 2022 (%)
Key companies Bioplastic Packaging Material sales in global market, 2018-2023 (Estimated), (K MT)
Key companies Bioplastic Packaging Material sales share in global market, 2022 (%)
Further, the report presents profiles of competitors in the market, key players include:
Arkema
Dupont
NatureWorks
Heritage Pioneer Corporate Group
Novamont
Reverdia
Solvay
Corbion
Genomatica
Lanzatech
Outline of Major Chapters:
Chapter 1: Introduces the definition of Bioplastic Packaging Material, market overview.
Chapter 2: Global Bioplastic Packaging Material market size in revenue and volume.
Chapter 3: Detailed analysis of Bioplastic Packaging Material manufacturers competitive landscape, price, sales and revenue market share, latest development plan, merger, and acquisition information, etc.
Chapter 4: Provides the analysis of various market segments by type, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different market segments.
Chapter 5: Provides the analysis of various market segments by application, covering the market size and development potential of each market segment, to help readers find the blue ocean market in different downstream markets.
Chapter 6: Sales of Bioplastic Packaging Material in regional level and country level. It provides a quantitative analysis of the market size and development potential of each region and its main countries and introduces the market development, future development prospects, market space of each country in the world.
Chapter 7: Provides profiles of key players, introducing the basic situation of the main companies in the market in detail, including product sales, revenue, price, gross margin, product introduction, recent development, etc.
Chapter 8: Global Bioplastic Packaging Material capacity by region & country.
Chapter 9: Introduces the market dynamics, latest developments of the market, the driving factors and restrictive factors of the market, the challenges and risks faced by manufacturers in the industry, and the analysis of relevant policies in the industry.
Chapter 10: Analysis of industrial chain, including the upstream and downstream of the industry.
Chapter 11: The main points and conclusions of the report.
