Global Bio-polylactic Acid (PLA) Films Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

Global Bio-polylactic Acid (PLA) Films Market 2024 by Manufacturers, Regions, Type and Application, Forecast to 2030

According to our (Global Info Research) latest study, the global Bio-polylactic Acid (PLA) Films market size was valued at USD 497.4 million in 2023 and is forecast to a readjusted size of USD 844.1 million by 2030 with a CAGR of 7.8% during review period.

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 Info Research report includes an overview of the development of the Bio-polylactic Acid (PLA) Films industry chain, the market status of Food & Beverages (Sol-Gel, Atomic Layer Deposition (ALD)), Home & Personal Care (Sol-Gel, Atomic Layer Deposition (ALD)), and key enterprises in developed and developing market, and analysed the cutting-edge technology, patent, hot applications and market trends of Bio-polylactic Acid (PLA) Films.

Regionally, the report analyzes the Bio-polylactic Acid (PLA) Films markets in key regions. North America and Europe are experiencing steady growth, driven by government initiatives and increasing consumer awareness. Asia-Pacific, particularly China, leads the global Bio-polylactic Acid (PLA) Films market, with robust domestic demand, supportive policies, and a strong manufacturing base.

Key Features:

The report presents comprehensive understanding of the Bio-polylactic Acid (PLA) Films market. It provides a holistic view of the industry, as well as detailed insights into individual components and stakeholders. The report analysis market dynamics, trends, challenges, and opportunities within the Bio-polylactic Acid (PLA) Films industry.

The report involves analyzing the market at a macro level:

Market Sizing and Segmentation: Report collect data on the overall market size, including the sales quantity (K MT), revenue generated, and market share of different by Type (e.g., Sol-Gel, Atomic Layer Deposition (ALD)).

Industry Analysis: Report analyse the broader industry trends, such as government policies and regulations, technological advancements, consumer preferences, and market dynamics. This analysis helps in understanding the key drivers and challenges influencing the Bio-polylactic Acid (PLA) Films market.

Regional Analysis: The report involves examining the Bio-polylactic Acid (PLA) Films market at a regional or national level. Report analyses regional factors such as government incentives, infrastructure development, economic conditions, and consumer behaviour to identify variations and opportunities within different markets.

Market Projections: Report covers the gathered data and analysis to make future projections and forecasts for the Bio-polylactic Acid (PLA) Films market. This may include estimating market growth rates, predicting market demand, and identifying emerging trends.

The report also involves a more granular approach to Bio-polylactic Acid (PLA) Films:

Company Analysis: Report covers individual Bio-polylactic Acid (PLA) Films manufacturers, suppliers, and other relevant industry players. This analysis includes studying their financial performance, market positioning, product portfolios, partnerships, and strategies.

Consumer Analysis: Report covers data on consumer behaviour, preferences, and attitudes towards Bio-polylactic Acid (PLA) Films This may involve surveys, interviews, and analysis of consumer reviews and feedback from different by Application (Food & Beverages, Home & Personal Care).

Technology Analysis: Report covers specific technologies relevant to Bio-polylactic Acid (PLA) Films. It assesses the current state, advancements, and potential future developments in Bio-polylactic Acid (PLA) Films areas.

Competitive Landscape: By analyzing individual companies, suppliers, and consumers, the report present insights into the competitive landscape of the Bio-polylactic Acid (PLA) Films market. This analysis helps understand market share, competitive advantages, and potential areas for differentiation among industry players.

Market Validation: The report involves validating findings and projections through primary research, such as surveys, interviews, and focus groups.

Market Segmentation

Bio-polylactic Acid (PLA) Films market is split by Type and by Application. For the period 2019-2030, the growth among segments provides accurate calculations and forecasts for consumption value by Type, and by Application in terms of volume and value.

Market segment by Type
Sol-Gel
Atomic Layer Deposition (ALD)
Multilaye

Market segment by Application
Food & Beverages
Home & Personal Care
Pharmaceuticals
Agriculture
Others

Major players covered
NatureWorks LLC
Futerro
Tale & Lyle
Total Corbion PLA
Hiusan Biosciences
Toray Industries
Taghleef Industries
Amcor
Toyobo
Avery Dennison Corporation

Market segment by region, regional analysis covers
North America (United States, Canada and Mexico)
Europe (Germany, France, United Kingdom, Russia, Italy, and Rest of Europe)
Asia-Pacific (China, Japan, Korea, India, Southeast Asia, and Australia)
South America (Brazil, Argentina, Colombia, and Rest of South America)
Middle East & Africa (Saudi Arabia, UAE, Egypt, South Africa, and Rest of Middle East & Africa)

The content of the study subjects, includes a total of 15 chapters:

Chapter 1, to describe Bio-polylactic Acid (PLA) Films product scope, market overview, market estimation caveats and base year.

Chapter 2, to profile the top manufacturers of Bio-polylactic Acid (PLA) Films, with price, sales, revenue and global market share of Bio-polylactic Acid (PLA) Films from 2019 to 2024.

Chapter 3, the Bio-polylactic Acid (PLA) Films competitive situation, sales quantity, revenue and global market share of top manufacturers are analyzed emphatically by landscape contrast.

Chapter 4, the Bio-polylactic Acid (PLA) Films breakdown data are shown at the regional level, to show the sales quantity, consumption value and growth by regions, from 2019 to 2030.

Chapter 5 and 6, to segment the sales by Type and application, with sales market share and growth rate by type, application, from 2019 to 2030.

Chapter 7, 8, 9, 10 and 11, to break the sales data at the country level, with sales quantity, consumption value and market share for key countries in the world, from 2017 to 2023.and Bio-polylactic Acid (PLA) Films market forecast, by regions, type and application, with sales and revenue, from 2025 to 2030.

Chapter 12, market dynamics, drivers, restraints, trends and Porters Five Forces analysis.

Chapter 13, the key raw materials and key suppliers, and industry chain of Bio-polylactic Acid (PLA) Films.

Chapter 14 and 15, to describe Bio-polylactic Acid (PLA) Films sales channel, distributors, customers, research findings and conclusion.