The report on the Global Bioplastic Packaging Market gives an estimation of the development of the market based on historical studies and also provides forecasts on the basis of comprehensive research. The report gives a complete market analysis for the forecasted period from 2020 to 2026. The market is divided into various segments with an in-depth outlook of the competitors and a listing of the profiled key players. The market size in terms of revenue (USD MN) is calculated and provided for the study period along with the dynamics of the market such as the drivers and the restraints.
Bioplastic packaging is a packaging material derived from bio-based resins contrary to petrochemical based. Resins provide properties like tensile strength, enhanced impact resistance, etc. to the packaging material and protect the packed product. Bioplastics are majorly used by packaging industry, especially for non-durable products. It functions for one-time use, which leads the packaging products to be wastes. Hence, there is crucial need for biodegradable bioplastic packaging. In addition, there is need and demand for sustainable and renewable packaging products.
Polylactic acid (PLA), bio-PET, bio-PP, PHA, etc. are the bio-based resins used in the production of bioplastic packaging. This has boosted its applications in food and beverages, kitchen utensils and electronics industries. Global bioplastic packaging market is segmented based on product types as non-biodegradable and biodegradable. Non-biodegradable is further segmented as bio-PET, bio-PE, PTT and others; and biodegradable as PLA, biodegradable starch blends, biodegradable polyesters and others that includes PHA, regenerated cellulose, etc. Based on end-use, global bioplastic packaging market is segmented as food packaging, beverage packaging, foodservice packaging, and medical packaging.
Food and beverages, pharmaceuticals, and others that include consumer goods, agriculture, etc. are the leading sectors in global bioplastic packaging market. Textiles is the potential sector of application for global bioplastic packaging market. Consumer awareness for biorenewable products will drive the global bioplastic packaging market. As a substitute to petrochemical-based packaging material, bioplastic packaging materials are in focus of the chemical manufacturers. These manufacturers are investing in the research and development of bioplastic based packaging for cost efficiency and reducing greenhouse gas emission.
Owing to the stringent regulations on environment, Europe is expected to be the largest markets in global bioplastic packaging industry. Asia Pacific is projected to be a potential market over the forecast period. Flourishing packaging industry in countries such as India and China will drive the Asia Pacific bioplastic packaging market. Pharmaceutical, food & beverage, and consumer goods are expected to add rapid growth to Asia Pacific bioplastic packaging market.
Companies in the global bioplastic packaging market are:
The Global Bioplastic Packaging Market has been exhibited in detail in the following chapters -
Chapter 1 Bioplastic Packaging Market Preface
Chapter 2 Executive Summary
Chapter 3 Bioplastic Packaging Industry Analysis
Chapter 4 Bioplastic Packaging Market Value Chain Analysis
Chapter 5 Bioplastic Packaging Market Analysis By Types
Chapter 5 Bioplastic Packaging Market Analysis By Sectors
Chapter 6 Bioplastic Packaging Market Analysis By Geography
Chapter 7 Competitive Landscape Of Bioplastic Packaging Companies
Chapter 8 Company Profiles Of Bioplastic Packaging Industry
TABLE OF CONTENTS
1.1. Report Description
1.1.2. Target Audience
1.1.3. Unique Selling Proposition (USP) & offerings
1.2. Research Scope
1.3. Research Methodology
1.3.1. Market Research Process
1.3.2. Market Research Methodology
2 EXECUTIVE SUMMARY
2.1. Highlights of Bioplastic Market
2.2. Global Bioplastic Market Snapshot
3 BIOPLASTIC PACKAGING – INDUSTRY ANALYSIS
3.2. Market Drivers of Bioplastic Packaging Market
3.3. Market Restraints of Bioplastic Packaging Market
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