Bioplastic Packaging Market Research Report - Forecast to 2027

Bioplastic Packaging Market Information: by Type (Bio-PET, PLA, PBS, Bio-PP, and Others), Application (Plastic Bottles, Packaging, and Others), and Region - Forecast Till 2027

ID: MRFR/PNT/0969-HCR | February, 2021 | Region : Global

Bioplastic Packaging Market Scenario


According to the Market Research Future, the bioplastic packaging market is thriving and is likely to gain further over the forecast period. The global bioplastic packaging market is forecasted to demonstrate an exponential growth by 2023, exceeding its previous growth records in terms of value with a considerable CAGR during the estimated period (2017-2023).


Strict government guidelines against the consumption of non-recyclable plastics are fueling the growth of the market. For instance, in 2008, the China government launched a policy to ban plastic bags and focus on bioplastic products for packaging. High growth in the consumption of beverages and inventive packaging solutions are also expected to drive the market. Moreover, increasing awareness about sustainable packaging among the consumers and abundant availability of raw material in emerging economies have a positive influence on the growth of the market. Whereas the high cost of bio-based materials may hamper the growth of the market. Also, high complexity associated with the production of bioplastic packaging materials through agro-based raw materials is expected to challenge the market growth.


Key Players:


Some of the prominent players in the bioplastic packaging market include BASF SE, Dow Chemical Company, Koninklijke DSM N.V., Eastman Chemical Company, IFS chemicals, NatureWorks LLC, Metabolix Inc., Arkema Group, Novamont S.p.A., Albis Plastics, Innovia Films, Biome Bioplastics Limited., FKuR Kunststoff, Grace Biotech, and DaniMer Scientific LLC.


On the basis of regions, global bioplastic packaging market is segmented as North America, Europe, Asia-Pacific and Rest of the World (RoW). European region dominates the global bioplastic packaging market followed by North America and the Asia Pacific. High adoption of green packaging solutions, as well as the stringent governing framework for synthetic polymers, is anticipated to provide an impetus to the growth of the market. In Europe, the supportive government policies that include helps the consumers to give preference towards procurement of biobased products. Also in EU, member states are reducing the taxes for biobased products.


South America region is expected to grow at the highest CAGR during the forecast period mainly due to abundant availability of raw materials like sugarcane and oilseeds in Brazil. Hence, many bioplastics manufacturers are opening their facilities in the region. Asia Pacific region is another major market for the bioplastic packaging. The demand for packaged and wrapped products has been increasing in the Asia Pacific region, mainly due to the changing lifestyle and the rise in purchasing power. This will lead to an increased demand for bioplastic packaging. China, India, and Indonesia are the major countries in the region.  China accounts for the largest share in bioplastic packaging market in the Asia Pacific region.


Segmentation: Global Bioplastic Packaging Market


Bioplastic Packaging Market


Global bioplastic packaging market is segmented based on type, application, and region. On the basis of the type, the market is segmented into Bio-PET, PLA, PBS, Bio-PP, and others. Bio-PET segment dominates the market due to extensive use in bottling and packaging industries. It possesses similar properties to conventional PET. It is widely used in the manufacturing of various products such as bottles, food containers, bags, and carry-away cups. Growing demand for eco-friendly bottles and containers is expected to drive the growth of the market. PLA is expected to grow at the highest CAGR during the forecast period. This type of bioplastic is expected to be influenced by incorporation of nanotechnology-based packaging that ensures the safety of products and makes evironament-friendly. The growth of PLA is likely to be driven by its superior mechanical properties and ease of process ability.


Bioplastics are developed using biodegradable feedstock to reduce the problems caused by conventional plastics. The demand for conventional plastics is declining continuously because they are harmful to the environment. Furthermore, it is extensively dependent on the oil and gas industry for raw materials. Thus, the demand for the bioplastics is increasing continuously.


On the basis of the application, the market is segmented as plastic bottles, packaging, and others. Packaging segment dominates the market in terms of application and is expected to be the fastest growing application over the forecast period. Bioplastics are broadly used in the packaging industry for food packaging, pharmaceuticals packaging, and goods packaging. It is increasingly used in the single-use packaging materials such as shopping bags. Additionally, growth in awareness about the environment pollution and ban on conventional plastics further boost the growth of the bioplastics market.


Industry News


In March 2017, FKuR, the bioplastic producer, launched a new Bio-Flex Blends for home compostable films and packaging. It meets the stringent requirements of the French Energy Transition Law for plastic bags. The new Bio-Flex blends are designed for the production of low gauge films that will biodegrade completely in garden compost at low and variable temperatures.


In April 2017, Biome Bioplastics, U.K-based one of the leading developers of intelligent, natural plastics, has developed a plastic from plant-based sources intended for the production of takeaway beverage cups. The company has launched a range of bio-based plastics for cups and lids to enable retailers and packaging manufacturers to offer consumers a more sustainable option.


The report for Global Bioplastic Packaging Market of Market Research Future comprises extensive primary research findings along with the detailed analysis of qualitative as well as quantitative aspects by various industry experts, key opinion leaders to gain deeper insight into the market and industry performance. The report gives a clear picture of current market scenario, which includes historical and projected market size in terms of value, technological advancement, macro economic and governing factors in the market. The report provides detailed information and strategies of the top key players in the industry. The report also gives a broad study of the different market segments and regions.

Table of Contents

1 Executive Summary


2 Scope of the Report

2.1 Market Definition

2.2 Scope of the Study

2.2.1 Definition

2.2.2 Research Objective

2.2.3 Assumptions

2.2.4 Limitations

2.3 Research Type

2.3.1 Primary Research

2.3.2 Secondary Research

2.4 Market size Estimation

2.5 Forecast Model


3 Market Landscape

3.1 Porter’s Five Forces Analysis

3.1.1 Threat of New Entrants

3.1.2 Bargaining power of buyers

3.1.3 Threat of substitutes

3.1.4 Segment rivalry

3.1.5 Bargaining Power of Buyers

3.2 Value Chain/Supply Chain Analysis


4 Market Dynamics

4.1 Introduction

4.2 Market Drivers

4.3 Market Restraints

4.4 Market Opportunities

4.5 Market Trends


5 Global Bioplastic Packaging Market, By Type

5.1 Introduction

5.2 Bio-PET

5.2.1 Market Estimates & Forecast, 2020-2027

5.2.2 Market Estimates & Forecast by Region, 2020-2027

5.3 PLA

5.3.1 Market Estimates & Forecast, 2020-2027

5.3.2 Market Estimates & Forecast by Region, 2020-2027

5.3 PBS

5.3.1 Market Estimates & Forecast, 2020-2027

5.3.2 Market Estimates & Forecast by Region, 2020-2027

5.4 Bio-PP

5.4.1 Market Estimates & Forecast, 2020-2027

5.4.2 Market Estimates & Forecast by Region, 2020-2027

5.5 others

5.5.1 Market Estimates & Forecast, 2020-2027

5.5.2 Market Estimates & Forecast by Region, 2020-2027


6 Global Bioplastic Packaging Market, By Application

6.1 Introduction

6.2 Plastic Bottles

6.2.1 Market Estimates & Forecast, 2020-2027

6.2.2 Market Estimates & Forecast by Region, 2020-2027

6.3 Packaging

6.3.1 Market Estimates & Forecast, 2020-2027

6.3.2 Market Estimates & Forecast by Region, 2020-2027

6.4 Others

6.4.1 Market Estimates & Forecast, 2020-2027

6.4.2 Market Estimates & Forecast by Region, 2020-2027

7 Global Bioplastic Packaging Market, By Region

7.1 Introduction

7.2 North America

7.2.1 Market Estimates & Forecast, 2020-2027

7.2.2 Market Estimates & Forecast by Type, 2020-2027

7.2.3 Market Estimates & Forecast by Application, 2020-2027

7.2.4 The U.S.

7.2.4.1 Market Estimates & Forecast, 2020-2027

7.2.4.2 Market Estimates & Forecast by Type, 2020-2027

7.2.4.3 Market Estimates & Forecast by Application, 2020-2027

7.2.5 Canada

7.2.5.1 Market Estimates & Forecast, 2020-2027

7.2.5.2 Market Estimates & Forecast by Type, 2020-2027

7.2.5.3 Market Estimates & Forecast by Application, 2020-2027

7.3 Europe

7.3.1 Market Estimates & Forecast, 2020-2027

7.3.2 Market Estimates & Forecast by Type, 2020-2027

7.3.3 Market Estimates & Forecast by Application, 2020-2027

7.3.4 U.K.

7.3.4.1 Market Estimates & Forecast, 2020-2027

7.3.4.2 Market Estimates & Forecast by Type, 2020-2027

7.3.4.3 Market Estimates & Forecast by Application, 2020-2027

7.3.5 Germany

7.3.5.1 Market Estimates & Forecast, 2020-2027

7.3.5.2 Market Estimates & Forecast by Type, 2020-2027

7.3.5.3 Market Estimates & Forecast by Application, 2020-2027

7.3.6 France

7.3.6.1 Market Estimates & Forecast, 2020-2027

7.3.6.2 Market Estimates & Forecast by Type, 2020-2027

7.3.6.3 Market Estimates & Forecast by Application, 2020-2027

7.3.7 Spain

7.3.7.1 Market Estimates & Forecast, 2020-2027

7.3.7.2 Market Estimates & Forecast by Type, 2020-2027

7.3.7.3 Market Estimates & Forecast by Application, 2020-2027

7.3.8 Rest of Europe

7.3.8.1 Market Estimates & Forecast, 2020-2027

7.3.8.2 Market Estimates & Forecast by Type, 2020-2027

7.3.8.3 Market Estimates & Forecast by Application, 2020-2027

7.4 Asia Pacific

7.4.1 Market Estimates & Forecast, 2020-2027

7.4.2 Market Estimates & Forecast by Type, 2020-2027

7.4.3 Market Estimates & Forecast by Application, 2020-2027

7.4.4 China

7.4.4.1 Market Estimates & Forecast, 2020-2027

7.4.4.2 Market Estimates & Forecast by Type, 2020-2027

7.4.4.3 Market Estimates & Forecast by Application, 2020-2027

7.4.5 India

7.4.5.1 Market Estimates & Forecast, 2020-2027

7.4.5.2 Market Estimates & Forecast by Type, 2020-2027

7.4.5.3 Market Estimates & Forecast by Application, 2020-2027

7.4.6 Japan

7.4.6.1 Market Estimates & Forecast, 2020-2027

7.4.6.2 Market Estimates & Forecast by Type, 2020-2027

7.4.6.3 Market Estimates & Forecast by Application, 2020-2027

7.4.7 South Korea

7.4.7.1 Market Estimates & Forecast, 2020-2027

7.4.7.2 Market Estimates & Forecast by Type, 2020-2027

7.4.7.3 Market Estimates & Forecast by Application, 2020-2027

7.4.8 Australia

7.4.8.1 Market Estimates & Forecast, 2020-2027

7.4.8.2 Market Estimates & Forecast by Type, 2020-2027

7.4.8.3 Market Estimates & Forecast by Application, 2020-2027

7.4.9 Rest of Asia Pacific

7.4.9.1 Market Estimates & Forecast, 2020-2027

7.4.9.2 Market Estimates & Forecast by Type, 2020-2027

7.4.9.3 Market Estimates & Forecast by Application, 2020-2027

7.5 Middle East & Africa

7.5.1 Market Estimates & Forecast, 2020-2027

7.5.2 Market Estimates & Forecast by Type, 2020-2027

7.5.3 Market Estimates & Forecast by Application, 2020-2027


8 Competitive Landscape

9 Company Profile

9.1 BASF SE

9.1.1 Company Overview

9.1.2 Types/Services Offering

9.1.3 Financial Overview

9.1.4 Key Developments

9.1.5 Strategy

9.1.6 SWOT Analysis

9.2 Dow Chemical Company

9.2.1 Company Overview

9.2.2 Types/Services Offering

9.2.3 Financial Overview

9.2.4 Key Developments

9.2.5 Strategy

9.2.6 SWOT Analysis

9.3 Koninklijke DSM N.V.

9.3.1 Company Overview

9.3.2 Types/Services Offering

9.3.3 Financial Overview

9.3.4 Key Developments

9.3.5 Strategy

9.3.6 SWOT Analysis

9.4 Eastman Chemical Company.

9.4.1 Company Overview

9.4.2 Types/Services Offering

9.4.3 Financial Overview

9.4.4 Key Developments

9.4.5 Strategy

9.4.6 SWOT Analysis

9.5 IFS chemicals

9.5.1 Company Overview

9.5.2 Types/Services Offering

9.5.3 Financial Overview

9.5.4 Key Developments

9.5.5 Strategy

9.5.6 SWOT Analysis

9.6 NatureWorks LLC

9.6.1 Company Overview

9.6.2 Types/Services Offering

9.6.3 Financial Overview

9.6.4 Key Developments

9.6.5 Strategy

9.6.6 SWOT Analysis

9.7 Metabolix Inc

9.7.1 Company Overview

9.7.2 Types/Services Offering

9.7.3 Financial Overview

9.7.4 Key Developments

9.7.5 Strategy

9.7.6 SWOT Analysis

9.8 Arkema Group

9.8.1 Company Overview

9.8.2 Types/Services Offering

9.8.3 Financial Overview

9.8.4 Key Developments

9.8.5 Strategy

9.8.6 SWOT Analysis

9.9 Novamont S.p.A

9.9.1 Company Overview

9.9.2 Types/Services Offering

9.9.3 Financial Overview

9.9.4 Key Developments

9.9.5 Strategy

9.9.6 SWOT Analysis

9.10 Albis Plastics

9.10.1 Company Overview

9.10.2 Types/Services Offering

9.10.3 Financial Overview

9.10.4 Key Developments

9.10.5 Strategy

9.10.6 SWOT Analysis

9.11 Innovia Films

9.11.1 Company Overview

9.11.2 Types/Services Offering

9.11.3 Financial Overview

9.11.4 Key Developments

9.11.5 Strategy

9.11.6 SWOT Analysis

9.12 Biome Bioplastics Limited

9.12.1 Company Overview

9.12.2 Types/Services Offering

9.12.3 Financial Overview

9.12.4 Key Developments

9.12.5 Strategy

9.12.6 SWOT Analysis

9.13 FKuR Kunststoff

9.13.1 Company Overview

9.13.2 Types/Services Offering

9.13.3 Financial Overview

9.13.4 Key Developments

9.13.5 Strategy

9.13.6 SWOT Analysis

9.14 Grace Biotech

9.14.1 Company Overview

9.14.2 Types/Services Offering

9.14.3 Financial Overview

9.14.4 Key Developments

9.14.5 Strategy

9.14.6 SWOT Analysis

9.15 DaniMer Scientific LLC

9.15.1 Company Overview

9.15.2 Types/Services Offering

9.15.3 Financial Overview

9.15.4 Key Developments

9.15.5 Strategy

9.15.6 SWOT Analysis


List of Tables

Table 1 Global Bioplastic Packaging Market: By Region, 2020-2027

Table 2 North America Bioplastic Packaging Market: By Country, 2020-2027

Table 3 Europe Bioplastic Packaging Market: By Country, 2020-2027

Table 4 Asia-Pacific Bioplastic Packaging Market: By Country, 2020-2027

Table 5 RoW Bioplastic Packaging Market: By Country, 2020-2027

Table 6 Global Bioplastic Packaging Market, By Type, By Regions, 2020-2027

Table 7 North America Bioplastic Packaging Market, By Type, By Country, 2020-2027

Table 8 Europe Bioplastic Packaging Market, By Type, By Country, 2020-2027

Table 9 Asia-Pacific Bioplastic Packaging Market By Type, By Country, 2020-2027

Table 10 RoW Bioplastic Packaging Market By Type, By Country, 2020-2027

Table 11 Global Ambient Food Packaging By Application Market: By Regions, 2020-2027

Table 12 North America Bioplastic Packaging Market By Application : By Country, 2020-2027

Table 13 Europe Bioplastic Packaging Market By Application : By Country, 2020-2027

Table 14 Asia Pacific Bioplastic Packaging Market By Application : By Country, 2020-2027

Table 15 RoW Bioplastic Packaging Market By Application : By Country, 2020-2027

Table 16 Global Bioplastic Packaging Market: By Region, 2020-2027

Table 17 Global Bioplastic Packaging Market: By Type, 2020-2027

Table 18 Global Bioplastic Packaging Market: By Application, 2020-2027

Table 19 North America Bioplastic Packaging Market, By Country

Table 20 North America Bioplastic Packaging Market, By Type

Table 21 North America Bioplastic Packaging Market, By Application

Table 22 Europe: Bioplastic Packaging Market, By Country

Table 23 Europe: Bioplastic Packaging Market, By Type

Table 24 Europe: Bioplastic Packaging Market, By Application

Table 25 Asia-Pacific: Bioplastic Packaging Market, By Country

Table 26 Asia-Pacific: Bioplastic Packaging Market, By Type

Table 27 Asia-Pacific: Bioplastic Packaging Market, By End-User

Table 28 RoW: Bioplastic Packaging Market, By Region

Table 29 RoW Bioplastic Packaging Market, By Type

Table 30 RoW Bioplastic Packaging Market, By Application


List of Figures

FIGURE 1 RESEARCH TYPEOF MRFR

FIGURE 2 TOP DOWN & BOTTOM UP APPROACH

FIGURE 3 Market Dynamics

FIGURE 4 impact analysis: market drivers

FIGURE 5 impact analysis: market restraints

FIGURE 6 porter’s five forces analysis

FIGURE 7 Value chain analysis

FIGURE 8 Global Bioplastic Packaging Market SHARE, By Type, 2020 (%)

FIGURE 9 Global Bioplastic Packaging Market, By Type, 2020-2027 (USD MILLION)

FIGURE 10 Global Bioplastic Packaging Market SHARE, By Application, 2020 (%)

FIGURE 11 Global Bioplastic Packaging Market, By Application, 2020-2027 (USD MILLION)

FIGURE 12 Global Bioplastic Packaging Market SHARE (%), BY REGION, 2020

FIGURE 13 Global Bioplastic Packaging Market, BY REGION, 2020-2027 (USD MILLION)

FIGURE 14 North America Bioplastic Packaging Market SHARE (%), 2020

FIGURE 15 North America Bioplastic Packaging Market BY Country, 2020-2027 (USD MILLION)

FIGURE 16 Europe Bioplastic Packaging Market SHARE (%), 2020

FIGURE 17 Europe Bioplastic Packaging Market BY Country, 2020-2027 (USD MILLION)

FIGURE 18 Asia-Pacific Bioplastic Packaging Market SHARE (%), 2020

FIGURE 19 Asia-Pacific Bioplastic Packaging Market BY Country, 2020-2027 (USD MILLION)

FIGURE 20 Rest of the World Bioplastic Packaging Market SHARE (%), 2020

FIGURE 21 Rest of the World Bioplastic Packaging Market BY Country, 2020-2027 (USD MILLION)