Bioplastic Packaging Market, by Product Type, End Use, and Geography - Trends, and Forecast, 2022 - 2028

Bioplastic Packaging Market, by Product Type, End Use, and Geography - Trends, and Forecast, 2022 - 2028

Bioplastic packaging uses plastics that are manufactured from biomass sources. The sources of these plastics are renewable such as corn starch, vegetable oils, and microbes. Bioplastics are gaining significant traction. This can be attributed to increasing consumer awareness regarding use of bioplastics coupled with innovative product development, which offers improved product performance. The food and beverages end-use industry is the largest consumer of bioplastics. Rampant use of conventional plastics has contributed to land, air and water pollution. The use of bioplastics is expected to reduce the issue of pollution arising from the use of conventional plastics.
Market Dynamics
Europe held the largest market share in the global bioplastic packaging market in 2021. This is owing to high consumer awareness, supportive government initiatives, and continuous innovation in biodegradable packaging the market. Stringent regulations over conventional plastic use in food, beverage, and medical packaging has led to increasing adoption of these. Under the Plastic Bags Directive in the EU, consumers cannot use more than 90 bags a year by 2019, down from the EU average of 200 bags a year. This is expected to boost both demand and manufacturing capacity of bioplastics in the region. Demand for bio-PET product is increasing due to rising application of it in the food & beverages end-use industry segment. Key players in the food and beverage industry such as Coca-Cola Company and PepsiCo have started introducing bioplastic packaging for their products.
Key features of the study:

This report provides in-depth analysis of the bioplastic packaging market and provides market size (US$ Billion and Kilo Tons) and Cumulative Annual Growth Rate (CAGR %) for the forecast period (2022-2028), considering 2021 as the base year
It elucidates potential revenue opportunities across different segments and explains attractive investment proposition matrices for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategy adopted by the leading players
It profiles leading players in the global bioplastic packaging market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
Key companies covered as a part of this study include BASF SE, Koninklijke DSM N.V., Solvay S.A., Braskem S.A., Novamont S.p.A, NatureWorks, LLC, Metabolix, Inc., and DowDuPont Inc., among others.
Insights from this report would allow marketers and the management authorities of companies to make informed decisions regarding their future product launches, technology up-grades, market expansion, and marketing tactics
The global bioplastic packaging market report caters to various stakeholders in this industry, including investors, suppliers, manufacturers, distributors, new entrants, and financial analysts
Stakeholders would have ease in decision-making through the various strategy matrices used in analyzing the bioplastic packaging market

Detailed Segmentation:

Global Bioplastic Packaging Market, By Product Type:

TPS
PLA
PHA
Bio-PE
Bio-PA
Bio-PET
Bio-PP
Others

Global Bioplastic Packaging Market, By Application:

Food & Beverages
Consumer Goods
Pharmaceutical
Industrial Goods
Others

Global Bioplastic packaging Market, By Geography:

North America

U.S.

By Product Type:

TPS
PLA
PHA
Bio-PE
Bio-PA
Bio-PET
Bio-PP
Others

By Application:

Food & Beverages
Consumer Goods
Pharmaceutical
Industrial Goods
Others

Canada

By Product Type:

TPS
PLA
PHA
Bio-PE
Bio-PA
Bio-PET
Bio-PP
Others

By Application:

Food & Beverages
Consumer Goods
Pharmaceutical
Industrial Goods
Others

Europe

U.K.

By Product Type:

TPS
PLA
PHA
Bio-PE
Bio-PA
Bio-PET
Bio-PP
Others

By Application:

Food & Beverages
Consumer Goods
Pharmaceutical
Industrial Goods
Others

Germany

By Product Type:

TPS
PLA
PHA
Bio-PE
Bio-PA
Bio-PET
Bio-PP
Others

By Application:

Food & Beverages
Consumer Goods
Pharmaceutical
Industrial Goods
Others

Italy

By Product Type:

TPS
PLA
PHA
Bio-PE
Bio-PA
Bio-PET
Bio-PP
Others

By Application:

Food & Beverages
Consumer Goods
Pharmaceutical
Industrial Goods
Others

France

By Product Type:

TPS
PLA
PHA
Bio-PE
Bio-PA
Bio-PET
Bio-PP
Others

By Application:

Food & Beverages
Consumer Goods
Pharmaceutical
Industrial Goods
Others

Russia

By Product Type:

TPS
PLA
PHA
Bio-PE
Bio-PA
Bio-PET
Bio-PP
Others

By Application:

Food & Beverages
Consumer Goods
Pharmaceutical
Industrial Goods
Others

Rest of Europe

By Product Type:

TPS
PLA
PHA
Bio-PE
Bio-PA
Bio-PET
Bio-PP
Others

By Application:

Food & Beverages
Consumer Goods
Pharmaceutical
Industrial Goods
Others

Asia Pacific

China

By Product Type:

TPS
PLA
PHA
Bio-PE
Bio-PA
Bio-PET
Bio-PP
Others

By Application:

Food & Beverages
Consumer Goods
Pharmaceutical
Industrial Goods
Others

India

By Product Type:

TPS
PLA
PHA
Bio-PE
Bio-PA
Bio-PET
Bio-PP
Others

By Application:

Food & Beverages
Consumer Goods
Pharmaceutical
Industrial Goods
Others

Japan

By Product Type:

TPS
PLA
PHA
Bio-PE
Bio-PA
Bio-PET
Bio-PP
Others

By Application:

Food & Beverages
Consumer Goods
Pharmaceutical
Industrial Goods
Others

ASEAN

By Product Type:

TPS
PLA
PHA
Bio-PE
Bio-PA
Bio-PET
Bio-PP
Others

By Application:

Food & Beverages
Consumer Goods
Pharmaceutical
Industrial Goods
Others

Australia

By Product Type:

TPS
PLA
PHA
Bio-PE
Bio-PA
Bio-PET
Bio-PP
Others

By Application:

Food & Beverages
Consumer Goods
Pharmaceutical
Industrial Goods
Others

South Korea

By Product Type:

TPS
PLA
PHA
Bio-PE
Bio-PA
Bio-PET
Bio-PP
Others

By Application:

Food & Beverages
Consumer Goods
Pharmaceutical
Industrial Goods
Others

Rest of Asia Pacific

By Product Type:

TPS
PLA
PHA
Bio-PE
Bio-PA
Bio-PET
Bio-PP
Others

By Application:

Food & Beverages
Consumer Goods
Pharmaceutical
Industrial Goods
Others

Latin America

Brazil

By Product Type:

TPS
PLA
PHA
Bio-PE
Bio-PA
Bio-PET
Bio-PP
Others

By Application:

Food & Beverages
Consumer Goods
Pharmaceutical
Industrial Goods
Others

Argentina

By Product Type:

TPS
PLA
PHA
Bio-PE
Bio-PA
Bio-PET
Bio-PP
Others

By Application:

Food & Beverages
Consumer Goods
Pharmaceutical
Industrial Goods
Others

Rest of Latin America

By Product Type:

TPS
PLA
PHA
Bio-PE
Bio-PA
Bio-PET
Bio-PP
Others

By Application:

Food & Beverages
Consumer Goods
Pharmaceutical
Industrial Goods
Others

Middle East

GCC

By Product Type:

TPS
PLA
PHA
Bio-PE
Bio-PA
Bio-PET
Bio-PP
Others

By Application:

Food & Beverages
Consumer Goods
Pharmaceutical
Industrial Goods
Others

Israel

By Product Type:

TPS
PLA
PHA
Bio-PE
Bio-PA
Bio-PET
Bio-PP
Others

By Application:

Food & Beverages
Consumer Goods
Pharmaceutical
Industrial Goods
Others

Africa

North Africa

By Product Type:

TPS
PLA
PHA
Bio-PE
Bio-PA
Bio-PET
Bio-PP
Others

By Application:

Food & Beverages
Consumer Goods
Pharmaceutical
Industrial Goods
Others

Central Africa

By Product Type:

TPS
PLA
PHA
Bio-PE
Bio-PA
Bio-PET
Bio-PP
Others

By Application:

Food & Beverages
Consumer Goods
Pharmaceutical
Industrial Goods
Others

South Africa

By Product Type:

TPS
PLA
PHA
Bio-PE
Bio-PA
Bio-PET
Bio-PP
Others

By Application:

Food & Beverages
Consumer Goods
Pharmaceutical
Industrial Goods
Others

Company Profiles

BASF SE*

Company Overview
Product Portfolio
Financial Performance
Key Strategies
Recent Developments
Future Plans

Solvay S.A.
Koninklijke N.V.
NatureWorks LLC
Arkema S.A.
Braskem S.A.
Metabolix Inc.
Novamont S.p.A
DowDuPont Inc.
Innovia Films Ltd.

“*” marked represents similar segmentation in other categories in the respective section.