Global Bio polylactic Acid PLA Films Market Research Report 2023(Status and Outlook)

Global Bio polylactic Acid PLA Films Market Research Report 2023(Status and Outlook)



Report Overview

The use of bio-based materials as food packaging materials is on a continuous rise, owing to their advantages over fossil-based plastics, such as use of renewable resources in their production and, in many cases, the biodegradability and/or compostability of the finished product, which offers an alternative to disposal in landfills. The most common bio-based plastic synthesized from bio-based monomer is polylactic acid.

PLA is an aliphatic polyester produced by the polymerization of lactic acid (2-hydroxypropionic acid). Lactic acid can be produced synthetically from hydrogen cyanide and acetaldehyde, or naturally by anaerobic fermentation by bacteria or certain fungi of carbon substrates, either pure (e.g., glucose and sucrose) or impure (e.g., starch). Bio-PLA films can hold creases or twists, a property normally lacking in plastic films. The physical properties of PLA make it an ideal candidate for replacement of fossil-based plastics in several application areas of low-density polyethylene (LDPE), high-density polyethylene (HDPE), polypropylene (PP), and polyethylene terephthalate (PET).

Positive growth indicators in the food & beverage industry and increase in demand for food packaging for prolonged preservation drive the bio-PLA films market. Moreover, rapid adoption of these films as a synthetic plastic in agricultural applications, such as cultivation of soft fruits and vegetables, has reduced harsh environmental impacts, leading to market growth. However, high product cost in comparison with synthetic and semi-synthetic films restrains the growth. In addition, relatively low vapor barrier and mechanical properties of the product may hamper industry growth in the future.

The Global Bio polylactic Acid PLA Films Market Size was estimated at USD 483.40 million in 2022 and is projected to reach USD 839.26 million by 2029, exhibiting a CAGR of 8.20% during the forecast period.

Bosson Research’s latest report provides a deep insight into the global Bio polylactic Acid PLA Films market covering all its essential aspects. This ranges from a macro overview of the market to micro details of the market size, competitive landscape, development trend, niche market, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc.

The analysis helps the reader to shape the competition within the industries and strategies for the competitive environment to enhance the potential profit. Furthermore, it provides a simple framework for evaluating and accessing the position of the business organization. The report structure also focuses on the competitive landscape of the Global Bio polylactic Acid PLA Films Market, this report introduces in detail the market share, market performance, product situation, operation situation, etc. of the main players, which helps the readers in the industry to identify the main competitors and deeply understand the competition pattern of the market.

In a word, this report is a must-read for industry players, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the Bio polylactic Acid PLA Films market in any manner.

Global Bio polylactic Acid PLA Films Market: Market Segmentation Analysis

The research report includes specific segments by region (country), manufacturers, Type, and Application. Market segmentation creates subsets of a market based on product type, end-user or application, Geographic, and other factors. By understanding the market segments, the decision-maker can leverage this targeting in the product, sales, and marketing strategies. Market segments can power your product development cycles by informing how you create product offerings for different segments.

Key Company

NatureWorks LLC

Futerro

Tale & Lyle

Total Corbion PLA

Hiusan Biosciences

Toray Industries

Taghleef Industries

Amcor

Toyobo

Avery Dennison Corporation

Market Segmentation (by Type)

Sol-Gel

Atomic Layer Deposition (ALD)

Multilaye

Market Segmentation (by Application)

Recreational Sports

Professional Sports

Geographic Segmentation

North America (USA, Canada, Mexico)

Europe (Germany, UK, France, Russia, Italy, Rest of Europe)

Asia-Pacific (China, Japan, South Korea, India, Southeast Asia, Rest of Asia-Pacific)

South America (Brazil, Argentina, Columbia, Rest of South America)

The Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria, South Africa, Rest of MEA)

Key Benefits of This Market Research:

Industry drivers, restraints, and opportunities covered in the study

Neutral perspective on the market performance

Recent industry trends and developments

Competitive landscape & strategies of key players

Potential & niche segments and regions exhibiting promising growth covered

Historical, current, and projected market size, in terms of value

In-depth analysis of the Bio polylactic Acid PLA Films Market

Overview of the regional outlook of the Bio polylactic Acid PLA Films Market:

Key Reasons to Buy this Report:

Access to date statistics compiled by our researchers. These provide you with historical and forecast data, which is analyzed to tell you why your market is set to change

This enables you to anticipate market changes to remain ahead of your competitors


1 Research Methodology and Statistical Scope
1.1 Market Definition and Statistical Scope of Bio polylactic Acid PLA Films
1.2 Key Market Segments
1.2.1 Bio polylactic Acid PLA Films Segment by Type
1.2.2 Bio polylactic Acid PLA Films Segment by Application
1.3 Methodology & Sources of Information
1.3.1 Research Methodology
1.3.2 Research Process
1.3.3 Market Breakdown and Data Triangulation
1.3.4 Base Year
1.3.5 Report Assumptions & Caveats
2 Bio polylactic Acid PLA Films Market Overview
2.1 Global Market Overview
2.1.1 Global Bio polylactic Acid PLA Films Market Size (M USD) Estimates and Forecasts (2018-2029)
2.1.2 Global Bio polylactic Acid PLA Films Sales Estimates and Forecasts (2018-2029)
2.2 Market Segment Executive Summary
2.3 Global Market Size by Region
3 Bio polylactic Acid PLA Films Market Competitive Landscape
3.1 Global Bio polylactic Acid PLA Films Sales by Manufacturers (2018-2023)
3.2 Global Bio polylactic Acid PLA Films Revenue Market Share by Manufacturers (2018-2023)
3.3 Bio polylactic Acid PLA Films Market Share by Company Type (Tier 1, Tier 2, and Tier 3)
3.4 Global Bio polylactic Acid PLA Films Average Price by Manufacturers (2018-2023)
3.5 Manufacturers Bio polylactic Acid PLA Films Sales Sites, Area Served, Product Type
3.6 Bio polylactic Acid PLA Films Market Competitive Situation and Trends
3.6.1 Bio polylactic Acid PLA Films Market Concentration Rate
3.6.2 Global 5 and 10 Largest Bio polylactic Acid PLA Films Players Market Share by Revenue
3.6.3 Mergers & Acquisitions, Expansion
4 Bio polylactic Acid PLA Films Industry Chain Analysis
4.1 Bio polylactic Acid PLA Films Industry Chain Analysis
4.2 Market Overview of Key Raw Materials
4.3 Midstream Market Analysis
4.4 Downstream Customer Analysis
5 The Development and Dynamics of Bio polylactic Acid PLA Films Market
5.1 Key Development Trends
5.2 Driving Factors
5.3 Market Challenges
5.4 Market Restraints
5.5 Industry News
5.5.1 New Product Developments
5.5.2 Mergers & Acquisitions
5.5.3 Expansions
5.5.4 Collaboration/Supply Contracts
5.6 Industry Policies
6 Bio polylactic Acid PLA Films Market Segmentation by Type
6.1 Evaluation Matrix of Segment Market Development Potential (Type)
6.2 Global Bio polylactic Acid PLA Films Sales Market Share by Type (2018-2023)
6.3 Global Bio polylactic Acid PLA Films Market Size Market Share by Type (2018-2023)
6.4 Global Bio polylactic Acid PLA Films Price by Type (2018-2023)
7 Bio polylactic Acid PLA Films Market Segmentation by Application
7.1 Evaluation Matrix of Segment Market Development Potential (Application)
7.2 Global Bio polylactic Acid PLA Films Market Sales by Application (2018-2023)
7.3 Global Bio polylactic Acid PLA Films Market Size (M USD) by Application (2018-2023)
7.4 Global Bio polylactic Acid PLA Films Sales Growth Rate by Application (2018-2023)
8 Bio polylactic Acid PLA Films Market Segmentation by Region
8.1 Global Bio polylactic Acid PLA Films Sales by Region
8.1.1 Global Bio polylactic Acid PLA Films Sales by Region
8.1.2 Global Bio polylactic Acid PLA Films Sales Market Share by Region
8.2 North America
8.2.1 North America Bio polylactic Acid PLA Films Sales by Country
8.2.2 U.S.
8.2.3 Canada
8.2.4 Mexico
8.3 Europe
8.3.1 Europe Bio polylactic Acid PLA Films Sales by Country
8.3.2 Germany
8.3.3 France
8.3.4 U.K.
8.3.5 Italy
8.3.6 Russia
8.4 Asia Pacific
8.4.1 Asia Pacific Bio polylactic Acid PLA Films Sales by Region
8.4.2 China
8.4.3 Japan
8.4.4 South Korea
8.4.5 India
8.4.6 Southeast Asia
8.5 South America
8.5.1 South America Bio polylactic Acid PLA Films Sales by Country
8.5.2 Brazil
8.5.3 Argentina
8.5.4 Columbia
8.6 Middle East and Africa
8.6.1 Middle East and Africa Bio polylactic Acid PLA Films Sales by Region
8.6.2 Saudi Arabia
8.6.3 UAE
8.6.4 Egypt
8.6.5 Nigeria
8.6.6 South Africa
9 Key Companies Profile
9.1 NatureWorks LLC
9.1.1 NatureWorks LLC Bio polylactic Acid PLA Films Basic Information
9.1.2 NatureWorks LLC Bio polylactic Acid PLA Films Product Overview
9.1.3 NatureWorks LLC Bio polylactic Acid PLA Films Product Market Performance
9.1.4 NatureWorks LLC Business Overview
9.1.5 NatureWorks LLC Bio polylactic Acid PLA Films SWOT Analysis
9.1.6 NatureWorks LLC Recent Developments
9.2 Futerro
9.2.1 Futerro Bio polylactic Acid PLA Films Basic Information
9.2.2 Futerro Bio polylactic Acid PLA Films Product Overview
9.2.3 Futerro Bio polylactic Acid PLA Films Product Market Performance
9.2.4 Futerro Business Overview
9.2.5 Futerro Bio polylactic Acid PLA Films SWOT Analysis
9.2.6 Futerro Recent Developments
9.3 Tale andamp; Lyle
9.3.1 Tale andamp; Lyle Bio polylactic Acid PLA Films Basic Information
9.3.2 Tale andamp; Lyle Bio polylactic Acid PLA Films Product Overview
9.3.3 Tale andamp; Lyle Bio polylactic Acid PLA Films Product Market Performance
9.3.4 Tale andamp; Lyle Business Overview
9.3.5 Tale andamp; Lyle Bio polylactic Acid PLA Films SWOT Analysis
9.3.6 Tale andamp; Lyle Recent Developments
9.4 Total Corbion PLA
9.4.1 Total Corbion PLA Bio polylactic Acid PLA Films Basic Information
9.4.2 Total Corbion PLA Bio polylactic Acid PLA Films Product Overview
9.4.3 Total Corbion PLA Bio polylactic Acid PLA Films Product Market Performance
9.4.4 Total Corbion PLA Business Overview
9.4.5 Total Corbion PLA Bio polylactic Acid PLA Films SWOT Analysis
9.4.6 Total Corbion PLA Recent Developments
9.5 Hiusan Biosciences
9.5.1 Hiusan Biosciences Bio polylactic Acid PLA Films Basic Information
9.5.2 Hiusan Biosciences Bio polylactic Acid PLA Films Product Overview
9.5.3 Hiusan Biosciences Bio polylactic Acid PLA Films Product Market Performance
9.5.4 Hiusan Biosciences Business Overview
9.5.5 Hiusan Biosciences Bio polylactic Acid PLA Films SWOT Analysis
9.5.6 Hiusan Biosciences Recent Developments
9.6 Toray Industries
9.6.1 Toray Industries Bio polylactic Acid PLA Films Basic Information
9.6.2 Toray Industries Bio polylactic Acid PLA Films Product Overview
9.6.3 Toray Industries Bio polylactic Acid PLA Films Product Market Performance
9.6.4 Toray Industries Business Overview
9.6.5 Toray Industries Recent Developments
9.7 Taghleef Industries
9.7.1 Taghleef Industries Bio polylactic Acid PLA Films Basic Information
9.7.2 Taghleef Industries Bio polylactic Acid PLA Films Product Overview
9.7.3 Taghleef Industries Bio polylactic Acid PLA Films Product Market Performance
9.7.4 Taghleef Industries Business Overview
9.7.5 Taghleef Industries Recent Developments
9.8 Amcor
9.8.1 Amcor Bio polylactic Acid PLA Films Basic Information
9.8.2 Amcor Bio polylactic Acid PLA Films Product Overview
9.8.3 Amcor Bio polylactic Acid PLA Films Product Market Performance
9.8.4 Amcor Business Overview
9.8.5 Amcor Recent Developments
9.9 Toyobo
9.9.1 Toyobo Bio polylactic Acid PLA Films Basic Information
9.9.2 Toyobo Bio polylactic Acid PLA Films Product Overview
9.9.3 Toyobo Bio polylactic Acid PLA Films Product Market Performance
9.9.4 Toyobo Business Overview
9.9.5 Toyobo Recent Developments
9.10 Avery Dennison Corporation
9.10.1 Avery Dennison Corporation Bio polylactic Acid PLA Films Basic Information
9.10.2 Avery Dennison Corporation Bio polylactic Acid PLA Films Product Overview
9.10.3 Avery Dennison Corporation Bio polylactic Acid PLA Films Product Market Performance
9.10.4 Avery Dennison Corporation Business Overview
9.10.5 Avery Dennison Corporation Recent Developments
10 Bio polylactic Acid PLA Films Market Forecast by Region
10.1 Global Bio polylactic Acid PLA Films Market Size Forecast
10.2 Global Bio polylactic Acid PLA Films Market Forecast by Region
10.2.1 North America Market Size Forecast by Country
10.2.2 Europe Bio polylactic Acid PLA Films Market Size Forecast by Country
10.2.3 Asia Pacific Bio polylactic Acid PLA Films Market Size Forecast by Region
10.2.4 South America Bio polylactic Acid PLA Films Market Size Forecast by Country
10.2.5 Middle East and Africa Forecasted Consumption of Bio polylactic Acid PLA Films by Country
11 Forecast Market by Type and by Application (2024-2029)
11.1 Global Bio polylactic Acid PLA Films Market Forecast by Type (2024-2029)
11.1.1 Global Forecasted Sales of Bio polylactic Acid PLA Films by Type (2024-2029)
11.1.2 Global Bio polylactic Acid PLA Films Market Size Forecast by Type (2024-2029)
11.1.3 Global Forecasted Price of Bio polylactic Acid PLA Films by Type (2024-2029)
11.2 Global Bio polylactic Acid PLA Films Market Forecast by Application (2024-2029)
11.2.1 Global Bio polylactic Acid PLA Films Sales (K MT) Forecast by Application
11.2.2 Global Bio polylactic Acid PLA Films Market Size (M USD) Forecast by Application (2024-2029)
12 Conclusion and Key Findings

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