Global Biopolymer Packaging Market Growth 2023-2029

Global Biopolymer Packaging Market Growth 2023-2029

Biopolymers are the biodegradable polymers made of starch, sugar, cellulose and many more.Biopolymers coating in the packaging retard unwanted moisture transfer in food products, are good oxygen and oil barriers, are biodegradable, and have potential to replace current synthetic paper and paperboard coatings.Biopolymerbased materials have gathered attention from packaging industry due to rising concerns in recent years from environmental as well as economic perspectives of traditional petroleum based polymers. Pharmaceutical industry has seen a lot of regulatory actionto raise the bar for packaging of products. It accounts for potential machines for 100% non-destructive inspection of seal integrity.

LPI (LP Information)' newest research report, the “Biopolymer Packaging Industry Forecast” looks at past sales and reviews total world Biopolymer Packaging sales in 2022, providing a comprehensive analysis by region and market sector of projected Biopolymer Packaging sales for 2023 through 2029. With Biopolymer Packaging sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Biopolymer Packaging industry.

This Insight Report provides a comprehensive analysis of the global Biopolymer Packaging landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Biopolymer Packaging portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Biopolymer Packaging market.

This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Biopolymer Packaging and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Biopolymer Packaging.

The global Biopolymer Packaging market size is projected to grow from US$ 7582.1 million in 2022 to US$ 17800 million in 2029; it is expected to grow at a CAGR of 17800 from 2023 to 2029.

Growing awareness among the population for the use of bio packaging to avoid various health issues has been contributing to the growth of the market. The packaging industry is under considerable regulatory and public pressure, and there is the potential for significant substitution of petrochemical polymers with biopolymers and bio-derived polymers. Packing in general, is expected to experience high growth owing to the ageing population, smaller households and desire for better and more convenient packaging among the population. The need for packaging contributes to the high adoption rates for bio packaging, owing to increasing concerns, such as global warming and green ecosystems, etc.

This report presents a comprehensive overview, market shares, and growth opportunities of Biopolymer Packaging market by product type, application, key manufacturers and key regions and countries.

Market Segmentation:

Segmentation by type
Polylactides (PLA)
Bio-Polyethylene (PE)
Bio-PolyethyleneTerephthalate(PET)
Starch
Cellulose
Others

Segmentation by application
Cartons
Bags & Pouches
Bottles & Cans
Ampoules and Vials
Others

This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries

The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Arkema
BASF
NatureWorks
Plantic
Biome Technologies
Plantic Technologies
Bio-On
Toray Industries
Spectra Packaging
United Biopolymers

Key Questions Addressed in this Report

What is the 10-year outlook for the global Biopolymer Packaging market?

What factors are driving Biopolymer Packaging market growth, globally and by region?

Which technologies are poised for the fastest growth by market and region?

How do Biopolymer Packaging market opportunities vary by end market size?

How does Biopolymer Packaging break out type, application?

What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.