Biopolymer Packaging Market 2024-2028
The biopolymer packaging market is forecasted to grow by USD 6199 mn during 2023-2028, accelerating at a CAGR of 12.8% during the forecast period. The report on the biopolymer packaging market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by growing government regulations for bio-based packaging, increasing awareness for human wellbeing and eco-friendly products, and fluctuating crude oil prices.
Technavio's biopolymer packaging market is segmented as below:
- By Material
- Biodegradable
- Non-biodegradable
- By Geographical Landscape
- APAC
- North America
- Europe
- South America
- Middle East and Africa
This study identifies the increasing preference for eco-friendly packaging as one of the prime reasons driving the biopolymer packaging market growth during the next few years. Also, availability of cost-effective bio-based raw materials and focus on sustainable production will lead to sizable demand in the market.
The report on the biopolymer packaging market covers the following areas:
- Biopolymer Packaging Market sizing
- Biopolymer Packaging Market forecast
- Biopolymer Packaging Market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading biopolymer packaging market vendors that include Alpagro Packaging NV, Amcor Plc, BASF SE, Berlin Packaging UK Ltd, BIOGREEN PACKAGING Pvt. Ltd., Biome Bioplastics Ltd., COMPOSTPACK SAS, Earthpac Ltd., Eastman Chemical Co., Element Packaging Ltd., Fkur Kunststoff GmbH, Green Gate Bio Packaging, Minima Technology Co. Ltd., Mondi Plc, Northern Technologies International Corp., Plastic Suppliers Inc., Plasto Manufacturing Co., Tetra Pak International SA, Tipa Ltd., and Treemera GmbH. Also, the biopolymer packaging market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive primary and secondary research. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast accurate market growth.